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Economic Reform in Developing Countries

Reach, Range, Reason Edited by José María Fanelli, Senior Professor of Macroeconomics, University of Buenos Aires, Argentina and Lyn Squire, Past President, Global Development Network in New Delhi, India
This book offers insights into the process of economic reform in developing countries. It is organized around three factors that are critical to the success of any reform. According to Nobel Laureate Amartya Sen, these key dimensions are Reach, Range, and Reason. ‘Reach’ refers to the ability of reform to be person-centered and evenhanded, reaching all individuals in society. ‘Range’ considers the institutional reforms and policy changes necessary to implement change and the possible ripple effects on other policies and populations. Finally, ‘Reason’ captures the importance of constantly asking why a particular reform has been selected.
Extent: 416 pp
Hardback Price: £105.00 Web: £94.50
Publication Date: 2008
ISBN: 978 1 84720 248 2
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  • Development Studies
  • Development Economics
  • Development Studies
  • Economics and Finance
  • Development Economics
  • International Economics
This important book offers valuable insights into the process of economic reform in developing countries. It is organized around three dimensions that are deemed critical to the success of reform programs. According to Nobel Laureate Amartya Sen, these key factors are Reach, Range, and Reason. ‘Reach’ refers to the ability of reform to be person-centered and evenhanded, reaching all individuals in society. ‘Range’ considers the institutional reforms and policy changes necessary to implement change and the possible ripple effects on other policies and populations. Finally, ‘Reason’ captures the importance of constantly asking why a particular reform has been selected.

By analyzing the reform process from this particular perspective, the chapters in this book illustrate the success of this approach with specific examples prepared by authors from developing and transition countries and, in doing so, reveal the breadth of knowledge and home-grown expertise in the developing and transition world.

Among academics, the book will appeal to those teaching courses in political economy, development studies, globalization, and public policy. It will also be of great interest to policy-oriented researchers and policymakers at international institutions, think tanks and policy research institutes, as well as at development agencies, ministries and departments.
Contributors: A. Admassie, R. Banga, A.S. Bedi, J. Escobal, J.M. Fanelli, A. Federici, R.R. Hidalgo, P.K. Kimalu, D. Kulundu Manda, D. Mayer-Foulkes, P. Montalbano, N. Nafula, M. Omran, C. Pietrobelli, C. Ponce, V. Popov, A. Sen, L. Squire, I.G. Tóth, L.M. Trigueros, U. Triulzi
Contents:

Foreword: The Three Rs of Reform by Amartya Sen

Introduction by José María Fanelli and Lyn Squire

PART I: REACH: PERSON-CENTERED, EVENHANDED
1. Economic Transition and Income Distribution in Hungary, 1987–2001
István György Tóth

2. Socioeconomic Vulnerability and Trade Liberalization: Cross-Country Evidence in Central and Eastern Europe
Pierluigi Montalbano, Alessandro Federici, Carlo Pietrobelli and Umberto Triulzi

3. Market Failures in Human Development: The Intergenerational Poverty Trap in Mexico
David Mayer-Foulkes

PART II: RANGE: INSTITUTIONAL REFORM, POLICY CHANGE
4. Government Policies and FDI Inflows of Asian Developing Countries: Empirical Evidence
Rashmi Banga

5. The Effect of Free-Trade Agreements on Foreign Direct Investment and Property Rights Protection
Lorenza Martínez Trigueros and Roberto Romero Hidalgo

6. Attending School, Reading, Writing and Child Work in Rural Ethiopia
Assefa Admassie and Arjun Singh Bedi

PART III: REASON: STRATEGIES, NOT SLOGANS
7. Declining Primary School Enrollment in Kenya
Arjun Singh Bedi, Paul K. Kimalu, Damiano Kulundu Manda and Nancy Nafula

8. Shock Therapy versus Gradualism Reconsidered: Lessons from Transition Economies
Vladimir Popov

9. Enhancing Income Opportunities for the Rural Poor: The Benefits of Rural Roads
Javier Escobal and Carmen Ponce

10. The Performance of State-Owned Enterprises and Newly Privatized Firms: Does Privatization Really Matter?
Mohammed Omran

Index