Call Boomerang Books 1300 36 33 32

Get Latest Book News + FREE Shipping. Subscribe to the Boomerang Books Bulletin eNewsletter right now!

Description - The Politics of Market Reform in Fragile Democracies by Kurt Weyland

This book takes a powerful new approach to a question central to comparative politics and economics: Why do some leaders of fragile democracies attain political success--culminating in reelection victories--when pursuing drastic, painful economic reforms while others see their political careers implode? Kurt Weyland examines, in particular, the surprising willingness of presidents in four Latin American countries to enact daring reforms and the unexpected resultant popular support. He argues that only with the robust cognitive-psychological insights of prospect theory can one fully account for the twists and turns of politics and economic policy in Argentina, Brazil, Peru, and Venezuela during the 1980s and 1990s. Assessing conventional approaches such as rational choice, Weyland concludes that prospect theory is vital to any systematic attempt to understand the politics of market reform. Under this theory, if actors perceive themselves to be in a losing situation they are inclined toward risks; if they see a winning situation around them, they prefer caution. In Latin America, Weyland finds, where the public faced an open crisis it backed draconian reforms. And where such reforms yielded an apparent economic recovery, many citizens and their leaders perceived prospects of gains. Successful leaders thus won reelection and the new market model achieved political sustainability. Weyland concludes this accessible book by considering when his novel approach can be used to study crises generally and how it might be applied to a wider range of cases from Latin America, Africa, and Eastern Europe.

Buy The Politics of Market Reform in Fragile Democracies by Kurt Weyland from Australia's Online Independent Bookstore, Boomerang Books.

Book Details

ISBN: 9780691117874
ISBN-10: 069111787X
Format: Paperback
(229mm x 152mm x 20mm)
Pages: 312
Imprint: Princeton University Press
Publisher: Princeton University Press
Publish Date: 5-Apr-2004
Country of Publication: United States

Other Editions - The Politics of Market Reform in Fragile Democracies by Kurt Weyland

Book Reviews - The Politics of Market Reform in Fragile Democracies by Kurt Weyland

» Have you read this book? We'd like to know what you think about it - write a review about Politics of Market Reform in Fragile Democracies book by Kurt Weyland and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a Boomerang Books Account Holder - it's free to sign up and there are great benefits!)

Write Review


Author Biography - Kurt Weyland

Kurt Weyland is Associate Professor of Government at the University of Texas at Austin. He is the author of "Democracy without Equity: Failures of Reform in Brazil".

Books By Kurt Weyland

Making Waves by Kurt Weyland
Hardback, April 2014
$135.00
Leftist Governments in Latin America by Kurt Weyland
Paperback, July 2010
$43.16
Bounded Rationality and Policy Diffusion by Kurt Weyland
Paperback, July 2007
$65.70