The Credibility of Economic Policy Making in Argentina, 1989-2015

48 Pages Posted: 11 Nov 2016

Date Written: October 20, 2016

Abstract

This paper explores the hypothesis that the credibility of economic policy making in Argentina (or lack thereof) has impacted the volatility of economic performance. To establish the link, a historical review of economic policy making and economic outcomes over the quarter century is presented, informed by a survey of the literature on credibility and the political economy of reforms. A more fundamental question is why policy shifts are so frequent, and this necessarily relates to the political institutions underlying policy making. A recent literature on citizen engagement and accountability, combined with international experience, is then used to consider policy options that could help reestablish credibility during the new administration.

Keywords: Judicial System Reform, Social Policy, Youth and Governance, Economic Conditions and Volatility, Legislation, Consumption, National Governance, Government Policies, Legal Products, Regulatory Regimes, Fiscal & Monetary Policy, Legal Reform

Suggested Citation

Rosenblatt, David, The Credibility of Economic Policy Making in Argentina, 1989-2015 (October 20, 2016). World Bank Policy Research Working Paper No. 7870, Available at SSRN: https://ssrn.com/abstract=2867651

David Rosenblatt (Contact Author)

World Bank ( email )

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Washington, DC 20433
United States

HOME PAGE: http://www.worldbank.org/en/about/people/david-rosenblatt

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