The credibility of economic policy making in Argentina, 1989-2015

David Rosenblatt

No 7870, Policy Research Working Paper Series from The World Bank

Abstract: This paper explores the hypothesis that the credibility of economic policy making in Argentina (or lack thereof) has impacted the volatility of economic performance. To establish the link, a historical review of economic policy making and economic outcomes over the quarter century is presented, informed by a survey of the literature on credibility and the political economy of reforms. A more fundamental question is why policy shifts are so frequent, and this necessarily relates to the political institutions underlying policy making. A recent literature on citizen engagement and accountability, combined with international experience, is then used to consider policy options that could help reestablish credibility during the new administration.

Keywords: Judicial System Reform; Social Policy; Youth and Governance; Economic Conditions and Volatility; Legislation; Consumption; National Governance; Government Policies; Legal Products; Regulatory Regimes; Fiscal&Monetary Policy; Legal Reform (search for similar items in EconPapers)
Date: 2016-10-20
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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:7870

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