Why Are Latin Americans So Unhappy About Reforms?

Ugo Panizza and Monica Yanez-Pagans ()

Journal of Applied Economics, 2005, vol. 8, issue 1, 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 populace's political views to the left; (ii) an increase in political activism by those who oppose reforms; (iii) a decline in the people's trust of political actors; and (iv) the economic crisis. The paper's principal finding is that the macroeconomic situation plays an important role in explaining the dissatisfaction with the reform process.

Date: 2005
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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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DOI: 10.1080/15140326.2005.12040616

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