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THE POLITICAL ECONOMY OF PENSION REFORM by

By Sarah Brooks

Abstract

Many policies that are desirable for economic reasons have not been implemented for political reasons. This discrepancy between economics and politics has led both economists and political scientists to begin thinking about the political economy of reform. Considerable work has already been done on the political economy of macro-economic reform and trade policy, emphasizing factors such as incomplete information, time inconsistency of preferences, credibility problems, path dependency and interest groups as major obstacles to reform (Grindle and Thoma

Year: 2011
OAI identifier: oai:CiteSeerX.psu:10.1.1.199.2212
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