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(Ebook) Learning, Policy Making, and Market Reforms by Covadonga Meseguer ISBN 9780511719509, 9780521516969, 0511719507, 052151696X

  • SKU: EBN-1925940
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Authors:Covadonga Meseguer
Pages:288 pages.
Year:2009
Editon:1
Publisher:Cambridge University Press
Language:english
File Size:1.09 MB
Format:pdf
ISBNS:9780511719509, 9780521516969, 0511719507, 052151696X
Categories: Ebooks

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(Ebook) Learning, Policy Making, and Market Reforms by Covadonga Meseguer ISBN 9780511719509, 9780521516969, 0511719507, 052151696X

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 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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