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Economic reform and democratization in Argentina and Uruguay: The tortoise and the hare revisited?
- Article from:
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Journal of Interamerican Studies and World Affairs
- Article date:
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October 1, 1998
- Author:
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Copyright informationCopyright Journal of Interamerican Studies Fall 1998. Provided by ProQuest LLC. (Hide copyright information)
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Implementing market-oriented reforms is often a contentious affair, especially in new democracies. It can be time-consuming when the democratic process permits many opportunities to examine (and to block) controversial proposals. Conversely, when debate is limited by various means, the pursuit of
reform can undermine the democratic regime. How, then, can market-oriented reforms and democracy be consolidated simultaneously?
Comparing the extent of economic reform in Argentina and in Uruguay over the past ten years, it is hard to argue that Uruguay has made more visible progress. While both nations have engaged in dramatic trade liberalization, Argentina has achieved more deregulation, more ...
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