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Economic Reforms in New Democracies
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Economic Reforms in New Democracies : A Social-Democratic Approach

Book Details

Format Paperback / Softback
ISBN-10 0521438454
ISBN-13 9780521438452
Publisher Cambridge University Press
Imprint Cambridge University Press
Country of Manufacture GB
Country of Publication GB
Publication Date Apr 30th, 1993
Print length 240 Pages
Weight 338 grams
Dimensions 22.90 x 15.10 x 1.60 cms
Ksh 4,650.00
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This 1993 book assesses differing experiences of the transition to democracy in the countries of Southern Europe, Latin America and Eastern Europe. The most successful reforms, the authors argue, have been those agreed upon through a process of democratic negotiation rather than the 'big bang' approach which by passes democratic institutions.
Transitions to democracy from authoritarian political systems have often occurred at times of economic crisis. The reforms required to transform the economic systems often cause sever material hardships for vast sectors of the population. Hence, new democracies forming under such circumstances confront a formidable challenge: to consolidate the nascent political institutions under conditions of economic hardship.

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