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There is by now a large literature that describes and discusses discontent with the process of pro-market reforms that is usually subsumed under the heading of the "Washington Consensus" (Williamson, 1990) and often associated with the process of "globalization" (for a survey see Lora and...
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After more than a decade of pro-market reform in Latin America, symptoms of fatigue are evident among all the major players: public opinion polls show that most individuals think the reforms have not been beneficial, policymakers seem to have lost their reform zeal, and neither opinion leaders...
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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;...
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The future of structural reforms in Latin America is under discussion. This paper synthesizes the facts and opinions that underlie this debate. The paper starts by analyzing the status of public opinion of the reform process and points out that disillusionment with the reforms has been growing,...
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The objective of this paper is to use opinion polls to document Latin Americans` increasing discontent with reforms and to explore possible explanations for this trend. We test four possible explanations for the rejection of reforms. The first focuses on a change in political orientation. The...
Persistent link: https://www.econbiz.de/10013126248
The future of structural reforms in Latin America is under discussion. The purpose of this document is to synthesize the facts and opinions that underlie this debate. The first section shows that although the reform process has not ground to a halt, it has been incomplete and uneven, both across...
Persistent link: https://www.econbiz.de/10013126420