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Spring 2016

ISSN 0890-913X

Volume 31, Number 1

Categories: Spring 2016 | Government Policy

Identifying Drivers of Economic Reform: A Case Studies Approach

Matthew Brown, University of Illinois-Springfield

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TheJournalofPrivateEnterprise31(1),2016,1–19IdentifyingDriversofEconomicReform:ACaseStudiesApproachMatthewBrown∗AcademyonCapitalismandLimitedGovernmentFoundation______________________________________________________AbstractAtwenty-fiveyearperiodbeginninginroughly1980witnessedaseriesofsignificanteconomicpolicyandinstitutionalreformsincountriesaroundtheworld.Theprimary,butnotexclusive,directionofthosereformswastowardgreatereconomicliberalism.Thispapersummarizesandattemptstocategorizethedriversofinstitutionalreformbasedoncasestudiesofthetwenty-fourcountriesthatundertookthemostsignificantreformsduringtheperiod.Thetenmostcommonpossibledriversofreformareidentifiedanddiscussedalongwithimplicationsforfutureresearch.______________________________________________________JELCodes:P11,P52,Z13,N10,O57Keywords:determinantsofinstitutions,casestudies,politicaleconomy,institutionalchangeI.IntroductionandBackgroundAgrowingbodyofresearchhasbeendedicatedtounderstandingtherolethateconomicinstitutionsandpoliciesplayindeterminingeconomicandsocialoutcomes.Theprimaryfindingofthatresearch,althoughnotuniversallyagreedtobyresearchers,isthatmoreliberalinstitutionsandpoliciesarepositivelycausallyassociatedwithmoreeconomicgrowth(AcemogluandRobinson2012).1Butsignificantignorancelargelyremainsinregardtoourunderstandingofhowcountriesachieveandmaintainthoseinstitutions,andempiricalanalysisislimitedinitsabilitytoilluminatethatquestion.2Qualitative,historical,andinterdisciplinaryanalysisisrequiredtobetterunderstandhowinstitutionsandpoliciesevolve(Boettke,Coyne,andLeeson2013;Boettke2011).Thispapersummarizesthefindingsoftwenty-fourcountrycasestudiesofinstitutionalreformsince1980in∗IthankChandlerCatheyoftheUniversityofIllinoisUrbana-Champaignforresearchassistance.1Fordissentingviews,seeSachs(2003)andChang(2011).2LipfordandYandle(2015)providesomerecentprogressonthequestion.

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Title	Identifying Drivers of Economic Reform: A Case Studies Approach
Authors/Creators:	Matthew Brown, University of Illinois-Springfield
Year:	2016
Volume:	31
Number:	1
Pages:	1 - 19
Publisher:	The Association of Private Enterprise Education
ISSN:	0890-913X
Document Type:	Articles
Keywords:	determinants of institutions, case studiesm political economy, institucional change

Citation:
Brown, Matthew / 2016. "Identifying Drivers of Economic Reform: A Case Studies Approach." The Journal of Private Enterprise, 31(1): 1-19.