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Southern cone economic liberalization policies and the credibility constraintMargherita, Michelangelo January 1995 (has links)
Considering the specific experiences of Chile and Argentina, this study undertakes the analysis of economic liberalization policies from a "credibility constraint" perspective. Building on the assumption that, in a context interdependence, one of the essential conditions for economic development is the attraction of foreign capital, it suggests that confidence-seeking is a major concern constraining the rest of the government's activities. From these premises, the thesis addresses the socio-political consequences of this quest for credibility and provides an analysis of these criteria's compatibility with democratic and authoritarian rule. In this endeavor, the project relies on a comparative observation of four case studies to establish that notwithstanding regime type, the success of economic liberalization depends primarily on the satisfaction of the socio-political requirements for credibility. The results are clear: both types of regimes are in a position to fulfill these requirements although this may have considerable consequences on the economic well-being of substantial sections of the population.
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Southern cone economic liberalization policies and the credibility constraintMargherita, Michelangelo January 1995 (has links)
No description available.
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