Abstract
This paper examines the problems of public and institutional reforms within the context of a so‐called predatory state. The predatory state is one that acts in the interest of an elite rather than pursue a coherent strategy for economic development. The argument is that, even after the process of political transition is begun, important reforms are blocked by a lingering institutional overhang that continues to serve the predatory elite. We examine the experience of Paraguay that disposed of its dictator in 1989 and began a democratic transition. The failure to implement needed reforms is shown to have blocked a revival of economic growth and development.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
