From Throughout Asia: Honing Expertise in the Political Economy of Policy Reform
By V. Bruce J. Tolentino
The Asia Foundation
Economic policy reform is inherently political. Economic policies are codified into public laws, regulations, ordinances and other legal instruments that establish the ?rules of the game? and allocate access and assets among various members of the body politic. Changes in economic policy affect the status or welfare of communities in varying ways, often evoking resistance from those whose welfare or status may be diminished by the reforms.
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