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Economic Liberalization, Political Instability, and State Capacity in Venezuela

Bibliographic Data

ID6299338
AuthorsJonathan Di John (London School of Economics and Political Science, corresponding author)
Year2005
Volume26
Issue1
Pages107-124
Publication date2005-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueInternational Political Science Review (JOURNAL)
Journal identifiersISSN: 0192-5121 • E-ISSN: 1460-373X
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/0192512105047899
OpenAlexW2161279254
LanguageEN
Citations received9
References cited26

This article examines the mechanisms through which economic liberalization policies contributed to increasing political instability and declines in state capacity in Venezuela. Particular attention is paid to the role that increasing income inequality played in polarizing politics and the role that policy switches and party-neglecting strategies among reformers played in increasing political instability. The Venezuelan experience challenges the mainstream view of state capacity, which posits that reductions in the state’s discretionary control over resources will reduce corruption, and thereby increase the capacity of the state to govern more effectively. It also examines why Venezuela suffered greater destabilization than other Latin American economies undergoing neoliberal reform

Development economics · Economic inequality · Economic liberalization · Economic stability · Economic system · Economics · Fiscal capacity · Inequality · Language change · Latin Americans · Liberalization · Macroeconomics · Mainstream · Market economy · Political economy · Political instability · Political science · Politics · State (computer science · Crime, Illicit Activities, and Governance · Latin American socio-political dynamics · Law · Politics and Society in Latin America

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Unique citing works9
Citations per year0,45
Citation span2006 - 2023 (18)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 9
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