 Fabrice Lehoucq, Structural Reform, Democratic Governance, and Institutional Design in Latin America This review of four books on the origins and consequences of market-based reforms in the past two decades in Latin America argues that it is necessary to accelerate the integration of four separate subfields of study: public opinion, the political economy of structural reform, the components of democratic governance, and institutional design. Each is centrally concerned with identifying the electoral and institutional incentives and constraints in public development policies. The review examines explanations of why only some institutional designs make governments responsive to votersĄŻ preferences while building a consensus in favor of structural reform. |