reversals in different reforms are driven by different factors. This paper uses new reform indicators and presents novel … wages and prices. -- reform reversals ; price liberalization ; trade liberalization ; privatization ; political economy …

are unsure about whether a proposed reform will work, it will be less likely to be adopted. Despite the numerous benefits … effects of reform on growth) and show that approximately one third of these coefficients is positive and significant, another … understand this remarkable variation, we find that the measurement of reform and controlling for institutions and initial …