From Economic Crisis to Reform

Shows that economic crises do not necessarily persuade governments to adopt IMF-style economic policies. This book argues that ideology, interests, and institutions, at both the international and domestic levels, mediate responses to such crises.

List of Illustrations and Tables ix List of Abbreviations xiii Preface xv Chapter 1: Introduction 1 Chapter 2: A Theoretical Approach to IMF Program 27 Initiation and Implementation Appendix to Chapter 2--Statistical Indicators and Methods 53 Chapter 3: Changing Crisis "Recipes": The International Drivers of IMF Programs 66 Chapter 4: Navigating External Crises: Case Study Evidence 105 Chapter 5: Domestic Political Responses to Economic Crises 135 Chapter 6: Domestic Crisis Politics: Case Study Evidence 174 Chapter 7: The Great Reconciliation?--Latin America and the IMF in the 1990s 238 Chapter 8: Theoretical Conclusions and Policy Implications 284 Appendix--A Formal Model of IMF Program Initiation and Implementation 307 Bibliography 323 Index 335