Business & Economics Books:

Economic Adjustment in New Democracies

Lessons from Southern Europe

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Economic Adjustment in New Democracies by Diane Ethier
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Many recent books deal with the politics of economic adjustment in new democracies. However, none of them provides a thorough comparative analysis of Southern European cases. This book fills this lacuna. The first part compares the orientations and the outcomes of the economic policies carried out by the Greek, Spanish and Portuguese governments during the post-authoritarian period (1975-95). It reveals that economic adjustment has been achieved with a mitigated success in Spain and Portugal while it failed in Greece. The second part analyses the causes of these unequal performances. It shows that the latter have been decisively influenced by two factors: the government's commitment to undertaking reforms: the autonomy of the executive toward the main political actors or its capacity to rally their support. On the whole, this work challenges various preconceived ideas about Southern Europe while confirming and complementing the main findings of similar studies devoted to Eastern European, Latin American, Asian and African new democracies.

Author Biography

Diane Ethier
Release date NZ
May 29th, 1997
Country of Publication
United Kingdom
XII, 180 p.
Palgrave Macmillan
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