From Economic Crisis to Reform (ebook)

Argumento de From Economic Crisis to Reform (ebook)

"Grigore Pop-Eleches, a political scientist, has written a useful book on the interactions among the economic and political interests of the IMF and its interlocutor governments during initiation and implementation of programmes. . . . [From Economic Crisis to Reform] is really interesting and well written, and the empirical analysis is carefully implemented."--Sylvia Marchesi, Economic Record

"[From Economic Crisis to Reform] presents a tremendous amount of information and provides a number of interesting insights into the politics of IMF programs."--C. Kilby, Choice

"This is a sophisticated and substantively rich book. In addition to making a significant contribution to the burgeoning subfield of International Monetary Fund studies, it serves as a rare example of multimethod research that combines formal modeling, quantitative testing, and qualitative case studies. From Economic Crisis to Reform is informative even for a specialist and accessible even for a newcomer to the field."--Randall Stone, Perspectives on Politics

Honorable Mention for the 2010 Ed A. Hewett Book Prize, Association for Slavic, East European, and Eurasian Studies (ASEEES)

"From Economic Crisis to Reform provides a rigorous and nuanced analysis of the international and domestic politics of IMF lending programs. Through quantitative analysis and careful case-study comparisons of Latin America and Eastern Europe, Grigore Pop-Eleches takes us well beyond oversimplified linear arguments about the effects of economic crises. His cross-regional and cross-time research shows convincingly that changes in the international context, and variations in the components of different crises strongly condition both IMF lending priorities and the impact of partisanship and democracy. This outstanding book substantially advances our general understanding of the international and domestic politics of economic reform."--Robert Kaufman, Rutgers University

"Straddling key issues of international and comparative political economy, and emphasizing partisanship, political competition, and bureaucratic capacity, this innovative book makes an essential contribution to understanding the politics of IMF-style economic reform in Latin America and Eastern Europe since the 1980s."--Ruth Berins Collier, University of California, Berkeley

"This is a significant and substantively rich book. Pop-Eleches combines quantitative and qualitative evidence to show that IMF lending reflects the priorities of its leading members, but that those priorities differed substantially between the Latin American cases in the 1980s and the post-Communist cases in the 1990s."--Randall W. Stone, University of Rochester

"From Economic Crisis to Reform constructs a theory on how the international and political environment affects IMF interventions in developing countries and tests this theory using a rich set of cases. This book provides an important contribution to the scholarship on the political economic of IMF interventions."--Nathan Jensen, Washington University

"Well-written and well-organized, this book demonstrates a rare capacity to not only deal with two regions, but also with two very different methodological approaches. It will be required reading for scholars in the field."--Miguel Centeno, Princeton University

"From Economic Crisis to Reform is a very rich, carefully researched work that is especially commendable for its ambitious research design, aimed at accounting for the dynamics of international- and domestic-level interactions regarding economic reform. Its comprehensive and illuminating nature should make it an indispensable reading for students of international and comparative political economy, international relations, and comparative politics more broadly. Its nuanced discussion should also make the book of great interest to area specialists and practitioners alike."--Aleksandra Sznajder Lee, Comparative Political Studies

"This is an excellent book which brings a new and interesting perspective to an important issue. With the current global financial crisis heightening demand for IMF resources this book could not be timelier. . . . From Economic Crisis to Reform is an important study and a model of rigorous mixed method research that makes a significant contribution and that should be read widely. As the current global financial crisis prompts a number of former communist countries in Eastern Europe to turn to the IMF for support, scholars interested in understanding how such programs are likely to evolve should start by turning to Pop-Eleches's book."--Jeffrey Chwieroth, Review of International Organizations

"The author's focus on regional and temporal factors is buttressed by an impressive research design. . . . Pop-Eleches has written a book that will be insightful for those looking to understand the future evolution of developing-country economies."--Martin S. Edwards, Political Science Quarterly0List of Illustrations and Tables ix
List of Abbreviations xiii
Preface xv
Chapter 1: Introduction 1
Chapter 2: A Theoretical Approach to IMF Program 27
Initiation and Implementation
Appendix to Chapter 2--Statistical Indicators and Methods 53
Chapter 3: Changing Crisis "Recipes": The International Drivers of IMF Programs 66
Chapter 4: Navigating External Crises: Case Study Evidence 105
Chapter 5: Domestic Political Responses to Economic Crises 135
Chapter 6: Domestic Crisis Politics: Case Study Evidence 174
Chapter 7: The Great Reconciliation?--Latin America and the IMF in the 1990s 238
Chapter 8: Theoretical Conclusions and Policy Implications 284
Appendix--A Formal Model of IMF Program Initiation and Implementation 307
Bibliography 323
Index 335