Monday, January 24, 2011

Wouldn't Happen Here?

In reading about underdevelopment in Latin American countries, one is often informed that an obstacle to positive reforms is insufficient "institutionality" (in short, rules and processes that are applied transparently and with continuity) and the dominance of "clientilism" in politics.

What is meant by "clientilism"? Well, to give an idea, this seems like a pretty good example, from a poorly governed banana republic in, wait...

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