Learning, Policy Making, and Market Reforms
Book Details
Format
Paperback / Softback
ISBN-10
1107569397
ISBN-13
9781107569393
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Oct 8th, 2015
Print length
290 Pages
Weight
43 grams
Dimensions
22.80 x 15.20 x 2.00 cms
Product Classification:
International economicsPolitical economy
Ksh 5,200.00
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This is the first study that tests the impact of policy learning on economic policy choices across time and space. It supports the popular explanation that, on average, governments around the world adopted privatization and trade liberalization, and sustained open capital accounts, as a result of learning from others.
In the 1980s and 1990s, market reforms swept the world. It is widely believed that the reformist wave can be partly explained in terms of the lessons learned from policy failures of the past. Whereas this interpretation of events is well established, it has never been empirically proved. Learning, Policy Making, and Market Reforms is the first study that tests the impact of policy learning on economic policy choices across time and space. The study supports the popular explanation that, on average, governments around the world adopted privatization and trade liberalization, and sustained open capital accounts, as a result of learning from the experience of others.
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