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Choices and echoes: stability and change of policy regimes

In: Economic Crises and Policy Regimes

Author

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  • Adam Przeworski

Abstract

In this innovative book, Hideko Magara brings together an expert team to explore both the possibilities and difficulties of transitioning from a neoliberal policy regime to an alternative regime through drastic policy innovations. The authors argue that, for more than two decades, citizens in developed countries have witnessed massive job losses, lowered wages, slow economic growth and widening inequality under a neoliberal policy regime that has placed heavy constraints on policy choices.

Suggested Citation

  • Adam Przeworski, 2014. "Choices and echoes: stability and change of policy regimes," Chapters, in: Hideko Magara (ed.), Economic Crises and Policy Regimes, chapter 2, pages 33-55, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15547_2
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    File URL: https://www.elgaronline.com/view/9781782549918.00009.xml
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    Citations

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    Cited by:

    1. Ebeling, Francisco, 2022. "Can fossil fuel endowments steer economic development? Evidence from the linkages approach," Resources Policy, Elsevier, vol. 78(C).
    2. Li, Jingheng & Xi, Tianyang & Yao, Yang, 2020. "Empowering knowledge: Political leaders, education, and economic liberalization," European Journal of Political Economy, Elsevier, vol. 61(C).
    3. Kang, Sung Jin & Seo, Hwan-Joo, 2023. "Validity of the Meltzer and Richard hypothesis under captured democracy and policy regime hypotheses," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 1732-1749.

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