Academic Journal
The sequencing of economic and political reforms in Latin America.
| Τίτλος: | The sequencing of economic and political reforms in Latin America. |
|---|---|
| Συγγραφείς: | Grier, Robin1 (AUTHOR) Robin.Grier@ttu.edu, Grier, Kevin2 (AUTHOR) Kevin.Grier@ttu.edu |
| Πηγή: | Journal of Comparative Economics. Sep2026, Vol. 54 Issue 3, p824-845. 22p. |
| Θεματικοί όροι: | *Economic liberalization, *Economic expansion, *Economic reform, *Reforms, Democratization, Latin Americans, Countries |
| Γεωγραφικοί όροι: | Mexico, Brazil, El Salvador, Latin America |
| Περίληψη: | • The sequencing of democratization and liberalization matters for income. • Brazil's simultaneous democratization and liberalization raised income. • In El Salvador, income rose after liberalization followed democratization. • Mexico saw no income gains when liberalization came before democracy. • Democracy helps ensure liberalization delivers lasting income gains. We investigate whether the sequencing of democratization and economic liberalization affects a country's economic performance. We focus on Brazil, El Salvador, and Mexico as they cover all five possible sequences. Brazil experienced simultaneous democratization and economic liberalization in 1985. El Salvador democratized in 1982 but underwent economic liberalization in the 1990s. Mexico initiated economic liberalization in the late 1980s, followed by democratization in 1997. Using the synthetic control method, we find that economic liberalizations following democratization or simultaneous economic and political liberalization are the only reforms that significantly increase national income. [ABSTRACT FROM AUTHOR] |
| Copyright of Journal of Comparative Economics is the property of Academic Press Inc. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) | |
| Βάση Δεδομένων: | Business Source Index |
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| Items | – Name: Title Label: Title Group: Ti Data: The sequencing of economic and political reforms in Latin America. – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Grier%2C+Robin%22">Grier, Robin</searchLink><relatesTo>1</relatesTo> (AUTHOR)<i> Robin.Grier@ttu.edu</i><br /><searchLink fieldCode="AR" term="%22Grier%2C+Kevin%22">Grier, Kevin</searchLink><relatesTo>2</relatesTo> (AUTHOR)<i> Kevin.Grier@ttu.edu</i> – Name: TitleSource Label: Source Group: Src Data: <searchLink fieldCode="JN" term="%22Journal+of+Comparative+Economics%22">Journal of Comparative Economics</searchLink>. Sep2026, Vol. 54 Issue 3, p824-845. 22p. – Name: Subject Label: Subject Terms Group: Su Data: *<searchLink fieldCode="DE" term="%22Economic+liberalization%22">Economic liberalization</searchLink><br />*<searchLink fieldCode="DE" term="%22Economic+expansion%22">Economic expansion</searchLink><br />*<searchLink fieldCode="DE" term="%22Economic+reform%22">Economic reform</searchLink><br />*<searchLink fieldCode="DE" term="%22Reforms%22">Reforms</searchLink><br /><searchLink fieldCode="DE" term="%22Democratization%22">Democratization</searchLink><br /><searchLink fieldCode="DE" term="%22Latin+Americans%22">Latin Americans</searchLink><br /><searchLink fieldCode="DE" term="%22Countries%22">Countries</searchLink> – Name: SubjectGeographic Label: Geographic Terms Group: Su Data: <searchLink fieldCode="DE" term="%22Mexico%22">Mexico</searchLink><br /><searchLink fieldCode="DE" term="%22Brazil%22">Brazil</searchLink><br /><searchLink fieldCode="DE" term="%22El+Salvador%22">El Salvador</searchLink><br /><searchLink fieldCode="DE" term="%22Latin+America%22">Latin America</searchLink> – Name: Abstract Label: Abstract Group: Ab Data: • The sequencing of democratization and liberalization matters for income. • Brazil's simultaneous democratization and liberalization raised income. • In El Salvador, income rose after liberalization followed democratization. • Mexico saw no income gains when liberalization came before democracy. • Democracy helps ensure liberalization delivers lasting income gains. We investigate whether the sequencing of democratization and economic liberalization affects a country's economic performance. We focus on Brazil, El Salvador, and Mexico as they cover all five possible sequences. Brazil experienced simultaneous democratization and economic liberalization in 1985. El Salvador democratized in 1982 but underwent economic liberalization in the 1990s. Mexico initiated economic liberalization in the late 1980s, followed by democratization in 1997. Using the synthetic control method, we find that economic liberalizations following democratization or simultaneous economic and political liberalization are the only reforms that significantly increase national income. [ABSTRACT FROM AUTHOR] – Name: AbstractSuppliedCopyright Label: Group: Ab Data: <i>Copyright of Journal of Comparative Economics is the property of Academic Press Inc. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.) |
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| RecordInfo | BibRecord: BibEntity: Identifiers: – Type: doi Value: 10.1016/j.jce.2026.01.008 Languages: – Code: eng Text: English PhysicalDescription: Pagination: PageCount: 22 StartPage: 824 Subjects: – SubjectFull: Economic liberalization Type: general – SubjectFull: Economic expansion Type: general – SubjectFull: Economic reform Type: general – SubjectFull: Reforms Type: general – SubjectFull: Democratization Type: general – SubjectFull: Latin Americans Type: general – SubjectFull: Countries Type: general – SubjectFull: Mexico Type: general – SubjectFull: Brazil Type: general – SubjectFull: El Salvador Type: general – SubjectFull: Latin America Type: general Titles: – TitleFull: The sequencing of economic and political reforms in Latin America. Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Grier, Robin – PersonEntity: Name: NameFull: Grier, Kevin IsPartOfRelationships: – BibEntity: Dates: – D: 01 M: 09 Text: Sep2026 Type: published Y: 2026 Identifiers: – Type: issn-print Value: 01475967 Numbering: – Type: volume Value: 54 – Type: issue Value: 3 Titles: – TitleFull: Journal of Comparative Economics Type: main |
| ResultId | 1 |