Political Institutions, Policymaking, and Economic Policy in Latin America

IDB Working Paper Series No. IDB-WP-158

39 Pages Posted: 25 Mar 2010

See all articles by Martin Ardanaz

Martin Ardanaz

Columbia University

Carlos Scartascini

Research Department - Inter-American Development Bank (IDB)

Mariano Tommasi

Universidad de San Andres - Department of Economics

Multiple version iconThere are 2 versions of this paper

Date Written: March 19, 2010

Abstract

This paper surveys selected themes in the political economy of policymaking in Latin America, with an emphasis on recent research focusing on actual decision and implementation processes, and on the political institutions and state and social actors involved in those processes. In particular, the paper addresses how political rules work for or against intertemporal cooperation among political actors. The document shows that the extent to which polities obtain the key policy features that seem to determine development depends on the workings of political institutions, which define how the policymaking game is played, on the characteristics of the arenas of interaction, which define where the policymaking game is played, and on certain characteristics of key socioeconomic groups, which define who interacts with professional politicians in pursuing different policy preferences.

Keywords: Political institutions, Public policies, Economic policy, Government capabilities, Development, Latin America

JEL Classification: D72, D78, H10, H50, O10

Suggested Citation

Ardanaz, Martin and Scartascini, Carlos G. and Tommasi, Mariano, Political Institutions, Policymaking, and Economic Policy in Latin America (March 19, 2010). IDB Working Paper Series No. IDB-WP-158, Available at SSRN: https://ssrn.com/abstract=1575310 or http://dx.doi.org/10.2139/ssrn.1575310

Martin Ardanaz

Columbia University ( email )

3022 Broadway
New York, NY 10027
United States

Carlos G. Scartascini (Contact Author)

Research Department - Inter-American Development Bank (IDB) ( email )

1300 New York Avenue NW
Washington, DC 20577
United States
2026231963 (Phone)

HOME PAGE: http://www.cscartascini.org

Mariano Tommasi

Universidad de San Andres - Department of Economics ( email )

Vito Dumas 284
Victoria, Buenos Aires B1644BID
Argentina
+5411-4725-7020 (Phone)

HOME PAGE: http://faculty.udesa.edu.ar/tommasi/index.htm

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