Economic reforms in new democracies: a social-democratic approach

Luiz Carlos Bresser-Pereira, José María Maravall and Adam Przeworski

In Smith, W., C. Acuña and E. Gamarra, orgs., (1994) Latin American Political Economy in the Age of Neoliberal Reform. New Brunswick: Transactions Publishers: 181-202.

The neoliberal economic reforms enacted by Latin Americas and Eastern Europes new democracies have proven inefficient and at times even ineffective. This derives both from a lack of political support and from the dogmatic orthodoxy adopted.

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