Sunday, May 14, 2006
Wednesday, May 03, 2006
Prof. Robert Bates' Recent Research on Political Reforms
Prof. Bates notes that "in late-century Africa, domestic reformers and international community prescribed political reform as a means of securing policy reforms. They sought to put an end to single party and military government and introduced multi-party politics".
Using a principal agent framework, Prof. Bates assesses the logical validity of these efforts. And employing a game theoretic approach, he traces the impact of political reform on political stability. He employs a panel of data from both African and global samples to measure the impact of reform on the economics and politics of Africa.
The evidence suggests that "reform has measurably curtailed opportunistic use of political power, failed to influence the formulation of macro-economic policy, and increased the likelyhood of political disorder".
More on this later...