This paper examines the political and institutional determinants of the early success and later derailment of economic reforms following the structural adjustment program put in place by the Venezuelan government in 1989. The focus is on the effect of governance capacity on adjustment responses, in keeping with the hypothesis that government capacity is a prime determinant of successful economic reform in developing countries. This paper is based...
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INFORMATION
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1995/09/30
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Document de travail (série numérotée)
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15138
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1
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1
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2010/07/01
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Reversal of fortune : the ephemeral success of adjustment in Venezuela, 1989-93
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political parties
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