Neoliberalism, Accountability, and Reform Failures in Emerging Markets : : Eastern Europe, Russia, Argentina, and Chile in Comparative Perspective / / Luigi Manzetti.
The agenda of neoliberal market reform known as the Washington Consensus, which was meant to turn around the economies of developing and postcommunist countries and provide the bedrock of economic success on which stable democracies could be built, has largely proved to be a failure, with Russia and...
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Superior document: | Title is part of eBook package: De Gruyter Penn State University Press Complete eBook-Package Pre-2014 |
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Place / Publishing House: | University Park, PA : : Penn State University Press, , [2021] ©2009 |
Year of Publication: | 2021 |
Language: | English |
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Physical Description: | 1 online resource (312 p.) |
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Manzetti, Luigi, author. aut http://id.loc.gov/vocabulary/relators/aut Neoliberalism, Accountability, and Reform Failures in Emerging Markets : Eastern Europe, Russia, Argentina, and Chile in Comparative Perspective / Luigi Manzetti. University Park, PA : Penn State University Press, [2021] ©2009 1 online resource (312 p.) text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda restricted access http://purl.org/coar/access_right/c_16ec online access with authorization star The agenda of neoliberal market reform known as the Washington Consensus, which was meant to turn around the economies of developing and postcommunist countries and provide the bedrock of economic success on which stable democracies could be built, has largely proved to be a failure, with Russia and many Latin American countries like Argentina left in severe economic crisis by the end of the 1990s. Some proponents of neoliberal reform, such as Anne Krueger, have attributed this failure to the piecemeal and incomplete implementation of reform measures, while others, including Nobel Prize economist and former World Bank vice president Joseph Stiglitz, have pointed to technical flaws in the policies. While both of these assessments focus narrowly on economic factors, Luigi Manzetti highlights the crucial importance of political institutions and processes to a fully adequate explanation. His argument is that the ideology of neoliberal reform, rooted in the theories of Friedrich von Hayek and Milton Friedman, assumed political checks and balances that did not exist in many of these countries undergoing market reform, and that only by taking political accountability as an influential variable in the equation for success can we really understand what happened. Where accountability was weak, patterns of corruption, collusion, and patronage worked to undermine the intended aims of market reform. Manzetti uses both large N statistical analyses and small N case studies (of Argentina, Chile, and Russia) to provide empirical evidence for his argument. Mode of access: Internet via World Wide Web. In English. Description based on online resource; title from PDF title page (publisher's Web site, viewed 24. Mai 2022) Government accountability Developing countries. Neoliberalism Developing countries. Structural adjustment (Economic policy) Developing countries. POLITICAL SCIENCE / Comparative Politics. bisacsh Title is part of eBook package: De Gruyter Penn State University Press Complete eBook-Package Pre-2014 9783110745269 https://doi.org/10.1515/9780271062839?locatt=mode:legacy https://www.degruyter.com/isbn/9780271062839 Cover https://www.degruyter.com/document/cover/isbn/9780271062839/original |
language |
English |
format |
eBook |
author |
Manzetti, Luigi, Manzetti, Luigi, |
spellingShingle |
Manzetti, Luigi, Manzetti, Luigi, Neoliberalism, Accountability, and Reform Failures in Emerging Markets : Eastern Europe, Russia, Argentina, and Chile in Comparative Perspective / |
author_facet |
Manzetti, Luigi, Manzetti, Luigi, |
author_variant |
l m lm l m lm |
author_role |
VerfasserIn VerfasserIn |
author_sort |
Manzetti, Luigi, |
title |
Neoliberalism, Accountability, and Reform Failures in Emerging Markets : Eastern Europe, Russia, Argentina, and Chile in Comparative Perspective / |
title_sub |
Eastern Europe, Russia, Argentina, and Chile in Comparative Perspective / |
title_full |
Neoliberalism, Accountability, and Reform Failures in Emerging Markets : Eastern Europe, Russia, Argentina, and Chile in Comparative Perspective / Luigi Manzetti. |
title_fullStr |
Neoliberalism, Accountability, and Reform Failures in Emerging Markets : Eastern Europe, Russia, Argentina, and Chile in Comparative Perspective / Luigi Manzetti. |
title_full_unstemmed |
Neoliberalism, Accountability, and Reform Failures in Emerging Markets : Eastern Europe, Russia, Argentina, and Chile in Comparative Perspective / Luigi Manzetti. |
title_auth |
Neoliberalism, Accountability, and Reform Failures in Emerging Markets : Eastern Europe, Russia, Argentina, and Chile in Comparative Perspective / |
title_new |
Neoliberalism, Accountability, and Reform Failures in Emerging Markets : |
title_sort |
neoliberalism, accountability, and reform failures in emerging markets : eastern europe, russia, argentina, and chile in comparative perspective / |
publisher |
Penn State University Press, |
publishDate |
2021 |
physical |
1 online resource (312 p.) |
isbn |
9780271062839 9783110745269 |
callnumber-first |
H - Social Science |
callnumber-subject |
HC - Economic History and Conditions |
callnumber-label |
HC59 |
callnumber-sort |
HC 259.7 M369 42009 |
geographic_facet |
Developing countries. |
url |
https://doi.org/10.1515/9780271062839?locatt=mode:legacy https://www.degruyter.com/isbn/9780271062839 https://www.degruyter.com/document/cover/isbn/9780271062839/original |
illustrated |
Not Illustrated |
dewey-hundreds |
300 - Social sciences |
dewey-tens |
330 - Economics |
dewey-ones |
338 - Production |
dewey-full |
338.9 |
dewey-sort |
3338.9 |
dewey-raw |
338.9 |
dewey-search |
338.9 |
doi_str_mv |
10.1515/9780271062839?locatt=mode:legacy |
oclc_num |
1253313724 |
work_keys_str_mv |
AT manzettiluigi neoliberalismaccountabilityandreformfailuresinemergingmarketseasterneuroperussiaargentinaandchileincomparativeperspective |
status_str |
n |
ids_txt_mv |
(DE-B1597)583918 (OCoLC)1253313724 |
carrierType_str_mv |
cr |
hierarchy_parent_title |
Title is part of eBook package: De Gruyter Penn State University Press Complete eBook-Package Pre-2014 |
is_hierarchy_title |
Neoliberalism, Accountability, and Reform Failures in Emerging Markets : Eastern Europe, Russia, Argentina, and Chile in Comparative Perspective / |
container_title |
Title is part of eBook package: De Gruyter Penn State University Press Complete eBook-Package Pre-2014 |
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1770176125775904768 |
fullrecord |
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