VDM Fuchs, K: When do Politicians Want Reforms?

When do politicians implement economic reforms? This book analyzes the conditions for economic reforms in various policy areas and presents tools of analysis for understanding how political institutions constrain and shape the incentives of political decision-makers to implement such reforms. It identifies reasons why governments might not enact sufficiently large economic reforms, delay necessary reforms, or take the wrong reform steps. In particular, this book looks at the incentives to privatize state-owned enterprises, to enact reforms in the presence of influential interest gropus, and to implement anti-corruption measures as examples for policy areas where economic reforms matter.