Why are Latin Americans so unhappy about reforms?

Ugo Panizza and Mónica Yañez ()
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Mónica Yañez: Inter-American Development Bank, http://www.iadb.org/
Authors registered in the RePEc Author Service: Monica Yanez-Pagans ()

Journal of Applied Economics, 2005, vol. 8, 1-29

Abstract: This paper uses opinion surveys to document discontent with the pro-market reforms implemented by most Latin American countries during the 1990s. The paper also explores four possible sets of explanations for this discontent: (i) a general drift of the populaceÂ’s political views to the left; (ii) an increase in political activism by those who oppose reforms; (iii) a decline in the peopleÂ’s trust of political actors; and (iv) the economic crisis. The paperÂ’s principal finding is that the macroeconomic situation plays an important role in explaining the dissatisfaction with the reform process.

Keywords: political economy; reforms: crisis; Latin America (search for similar items in EconPapers)
JEL-codes: O54 P16 (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (12)

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https://ucema.edu.ar/publicaciones/download/volume8/panizza.pdf (application/pdf)

Related works:
Working Paper: Why are Latin Americans so Unhappy about Reforms? (2006)
Working Paper: Why are Latin Americans so Unhappy about Reforms? (2006)
Journal Article: Why are Latin Americans so unhappy about reforms? (2005)
Journal Article: Why Are Latin Americans So Unhappy About Reforms? (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:cem:jaecon:v:8:y:2005:n:1:p:1-29

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