The Credibility of Economic Policy Making in Argentina, 1989-2015
This paper explores the hypothesis that the credibility of economic policy making in Argentina (or lack thereof) has impacted the volatility of economic performance. To establish the link, a historical review of economic policy making and economic outcomes over the quarter century is presented, informed by a survey of the literature on credibility and the political economy of reforms. A more fundamental question is why policy shifts are so frequent, and this necessarily relates to the political institutions underlying policy making. A recent literature on citizen engagement and accountability, combined with international experience, is then used to consider policy options that could help reestablish credibility during the new administration.
| Main Author: | |
|---|---|
| Format: | Working Paper biblioteca |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2016-10
|
| Subjects: | macroeconomic policy, political economy, economic history, volatility, economic growth, economic reform, political institutions, citizen engagement, accountability, |
| Online Access: | http://documents.worldbank.org/curated/en/2016/10/26879450/credibility-economic-policy-making-argentina-1989-2015 https://hdl.handle.net/10986/25315 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|