Sources and legitimacy of financial liberalization

European Journal of Political Economy

Volumn 28, Issue 2, 2012, Pages 147-161

  Burgoon, Brian ^a   Demetriades, Panicos ^b   Underhill, Geoffrey R D ^a  

^a UNIVERSITY OF AMSTERDAM   (Netherlands)

^b UNIVERSITY OF LEICESTER   (United Kingdom)

Author keywords

Financial openness; Financial reform; Financial regulation; Liberalization dynamics; Political legitimacy; Political variables

Indexed keywords

EID: 84855165851     PISSN: 01762680     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ejpoleco.2011.10.003     Document Type: Article

References (40)

1. Abiad A., Mody A. Financial reform: what shakes it? what shapes it?. The American Economic Review 2005, 95(1):66-88.
2. Abiad A., Detragiache E., Tressel T. A new database of financial reforms. IMF Working Paper. WP/08/266 2008.
3. Arestis P., Demetriades P. Financial liberalization: the experience of developing countries. Eastern Economic Journal 1999, 25/4:441-457.
4. Bennett D.S., Stam A. EUGene version 3.202 [Computer Software] http://www.eugenesoftware.org/.
5. Bergh A., Nilsson T. Do liberalization and globalization increase income inequality?. European Journal of Political Economy 2010, 26(4):488-505.
6. Bhagwati J. The capital myth: the difference between trade in widgets and dollars. Foreign Affairs 1998, 77(3):7-15.
7. Bordo M., Eichengreen B., Irwin D. Is globalization today really different than lobalization a hundred years ago?. NBER Working Paper. W7195 1999.
8. Bretschgera L., Hettichb F. Globalisation, capital mobility and tax competition: theory and evidence for OECD countries. European Journal of Political Economy 2002, 18(4):695-716.
9. Burgoon B. Globalization and welfare compensation: dis-entangling the ties that bind. International Organization 2001, 55(3):509-553.
10. Burgoon B. Globalization and backlash: Polanyi's revenge?. Review of International Political Economy 2009, 16(2):145-177.
11. Coleman W.D. Financial Services, Globalisation, and Domestic Policy Change: a comparative study of North America and the European Union 1996, Macmillan Press, London.
12. Cukierman A., Tommasi M. Credibility of policymakers and of economic reforms. The Political Economy of Reform 1998, 329-347. MIT Press, Cambridge MA. F. Sturzenegger, M. Tommasi (Eds.).
13. Franzese R., Hays J. Strategic interaction among eu governments in active labor market policy-making. European Union Politics 2006, 7(2):167-189.
14. Garrett G. The causes of globalization. Comparative Political Studies 2001, 33(6/7):941-991.
15. Haggard S., Webb S. What do we know about the political economy of economic policy reform?. World Bank Research Observer 1993, 8(2):143-168.
16. Hays J., Ehrlich S., Peinhardt C. Government spending and public support for trade in the OECD. International Organization 2005, 59(2):473-494.
17. Held D. Democracy and globalization. Global Governance 1997, 3(3):251-267.
18. Helleiner E. States and the Reemergence of Global Finance: From Bretton Woods to the 1990s 1994, Cornell University Press, Ithaca NY.
19. Heston A., Summers R., Aten B. PWT 6.2. Penn World Table Version 6.2, Center for International Comparisons of Production, Income and Prices 2006, University of Pennsylvania.
20. Huang Y. The political economy of financial reform; are Abiad and Mody right?. Journal of Applied Econometrics 2009, 24(7):1207-1213.
21. Klingeman H.-D., Volkens A., Bara J., Budge I., McDonald M. Mapping Policy Preferences II: Estimates for Parties, Electors and Governments in Eastern Europe, European Union and OECD 1945-2003 2006, Oxford University Press, Oxford.
22. Krueger A.O. Political Economy of Policy Reform in Developing Countries 1993, MIT Press, Cambridge, MA.
23. Kugler Jacek, Feng Yi, Zak Paul J. Politics of fertility and economic development (POFED). NSF GRANT (No.: SBR-9730474) 1998-2001 2002.
24. Lai Y.-B. The political economy of capital market integration and tax competition. European Journal of Political Economy 2010, 26(4):475-487.
25. Laurence H. Money Rules: The New Politics of Finance in Britain and Japan 2001, Cornell University Press, Ithaca, NY.
26. Mayda A., O'Rourke K., Sinnott R. Risk, government and globalization: international survey evidence. IIIS Discussion Paper No.218 2007.
27. Moran M. The Politics of the Financial Services Revolution 1990, Macmillan Press, London.
28. Organization of Economic Cooperation and Development (Development Assistance Committee) database, Accessed 6.5.2011. http://www.oecd.org/document/33/0,2340,en_2649_34447_36661793_1_1_1_1,00.html.
29. Polanyi K. The Great Transformation: The Political and Economic Origins of Our Time 1944, Beacon Press, Boston.
30. Porter T. The democratic deficit in the institutional arrangements for regulating global finance. Global Governance 2001, 7:427-439.
31. Prasad E., Rajan R., Subramanian A. The paradox of capital. Finance and Development 2007, 44:16-19.
32. Quinn D., Inclan C. the origins of financial openness: a study of current and capital account liberalization. American Journal of Political Science 1997, 41(3):771-813.
33. Quinn D., Toyoda A.M. Ideology and voter preferences as determinants of financial globalization. American Journal of Political Research 2007, 51(2):344-363.
34. Rodrik D. Has Globalization Gone Too Far? 1997, Institute for International Economics, Washington, D.C.
35. Ruggie J.G. International regimes, transactions, and change: embedded liberalism in the postwar economic order. International Organization 1983, 36(2):379-415.
36. Scharpf F.W. Governing in Europe: effective and democratic? 1999, Oxford University Press, Oxford, UK.
37. Simmons B.A., Elkins Z. The globalization of liberalization: policy diffusion in the international political economy. American Political Science Review 2004, 98(1):171-189.
38. Sobel A. Domestic Choices, International Markets: dismantling National Barriers and Liberalizing Securities Markets 1994, University of Michigan Press, Ann Arbor, MI.
39. International Financial Governance Under Stress 2003, Cambridge University Press, Cambridge, UK. G. Underhill, X. Zhang (Eds.).
40. World Bank Database of political institutions, version 3 2001, World Bank, Washington, DC.