Tackling opposition to implementing fiscal reform in developing countries

Georg Caspary

International Journal of Emerging Markets, 2008, vol. 3, issue 1, 87-103

Abstract: Purpose - This paper seeks to examine ways in which political opposition to market‐oriented reforms in emerging markets can be challenged. Design/methodology/approach - An in‐depth study of two industrial sectors is undertaken – natural resource industries and infrastructure since both these sectors are closely related to poverty alleviation in developing countries. The paper is based on a two‐year discussion and review process the OECD organized among its member countries (mostly aid agencies that had been involved in fiscal reform in developing countries) in collaboration with the IMF, the World Bank, and experts and government representatives from China, India and South Africa between 2003 and 2005. Findings - A series of findings related to government policy in the face of opposition to economic reforms include an emphasis on consultation, local ownership and pragmatism. Originality/value - This paper offers clear guidance on government reforms in emerging markets based on specific analysis of key sectors.

Keywords: Fiscal policy; Natural resources; Developing countries (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (text/html)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (application/pdf)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eme:ijoemp:17468800810849240

DOI: 10.1108/17468800810849240

Access Statistics for this article

International Journal of Emerging Markets is currently edited by Prof Ilan Alon

More articles in International Journal of Emerging Markets from Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support ().