Seminar paper from the year 2017 in the subject Politics - Region: Middle and South America, grade: 1,5, University of Potsdam (Chair for Political Science, Public Administration and Organization), course: Government and Governance in Developing Countries, language: English, abstract: In this short paper, I followed a comparative case study approach to explore the reforms and reform outcomes in four different Latin-American countries during the 1980s. I chose Chile as a successful example of structural adjustment politics and Bolivia, Peru and Argentina as deviating cases to evaluate different reform success. My findings supported a case-by-case evaluation. It turned out that orthodox structural adjustment policies were implemented differently in every country due to country-specific political, historical and institutional features as well as an altering relationship to international financing institutions. Generally, orthodox reforms seemed to back economic stabilization but not necessarily structural economic adjustment. A review of the current state of literature showed differing explanations for varying reform success. While some researchers attribute failure to heterodox deviation, others see a too orthodox course or suggest an explanation by inappropriate time and place for the reforms. Further research will be needed to clarify causalities. It is suggested to put a stronger focus on underlying context-dependent reform drivers and stumbling blocks.

Titel
Chile's "Shock Therapy" and structural adjustment programs in Latin America. Reforms and outcomes
Untertitel
Same but different? A review
EAN
9783668522794
ISBN
978-3-668-52279-4
Format
E-Book (pdf)
Hersteller
Herausgeber
Veröffentlichung
12.09.2017
Digitaler Kopierschutz
frei
Dateigrösse
0.87 MB
Anzahl Seiten
26
Jahr
2017
Untertitel
Englisch