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http://hdl.handle.net/10419/58486
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| Title: | | On the reversibility of structural reforms  |
| Authors: | | Campos, Nauro F. Horváth, Roman |
| Issue Date: | | 2012 |
| Series/Report no.: | | Discussion Paper series, Forschungsinstitut zur Zukunft der Arbeit 6522 |
| Abstract: | | What are the factors that explain reversals in the implementation of structural reforms? Our main hypothesis is that reversals in different reforms are driven by different factors. This paper uses new reform indicators and presents novel evidence showing that (a) FDI inflows reduce the likelihood of privatization reversals, (b) worsened terms of trade increase the probability of external liberalization reversals and (c) labour strikes propel reversals in the liberalization of wages and prices. |
| Subjects: | | reform reversals price liberalization trade liberalization privatization political economy |
| JEL: | | E23 D72 H26 O17 |
| Persistent Identifier of the first edition: | | urn:nbn:de:101:1-2012081412470 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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