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Learning, Policy Making, and Market Reforms

Author

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  • Meseguer,Covadonga

Abstract

In the 1980s and 1990s, market reforms swept the world. It is widely believed that the reformist wave can be partly explained in terms of the lessons learned from policy failures of the past. Whereas this interpretation of events is well established, it has never been empirically proved. Learning, Policy Making, and Market Reforms is the first study that tests the impact of policy learning on economic policy choices across time and space. The study supports the popular explanation that, on average, governments around the world adopted privatization and trade liberalization, and sustained open capital accounts, as a result of learning from the experience of others.

Suggested Citation

  • Meseguer,Covadonga, 2009. "Learning, Policy Making, and Market Reforms," Cambridge Books, Cambridge University Press, number 9780521516969, October.
    • Handle: RePEc:cup:cbooks:9780521516969
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    Cited by:

    1. Fink, Simon & Ruffing, Eva, 2020. "Learning in iterated consultation procedures – The example of the German electricity grid demand planning," Utilities Policy, Elsevier, vol. 65(C).
    2. Sebastian Krapohl & Václav Ocelík & Dawid M. Walentek, 2021. "The instability of globalization: applying evolutionary game theory to global trade cooperation," Public Choice, Springer, vol. 188(1), pages 31-51, July.
    3. Hideko Magara, 2013. "Introduction: two decades of structural reform and political change in Italy and Japan," Chapters, in: Hideko Magara & Stefano Sacchi (ed.), The Politics of Structural Reforms, chapter 1, pages 1-24, Edward Elgar Publishing.
    4. Fabrizio Gilardi, 2010. "Who Learns from What in Policy Diffusion Processes?," American Journal of Political Science, John Wiley & Sons, vol. 54(3), pages 650-666, July.
    5. Kati Kuitto, 2018. "Measuring Welfare Entitlement Generosity in Transitional Welfare States: The Case of Post-communist Countries in Central and Eastern Europe," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 136(1), pages 203-224, February.
    6. Fenton Villar, Paul, 2020. "The Extractive Industries Transparency Initiative (EITI) and trust in politicians," Resources Policy, Elsevier, vol. 68(C).

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