Jaramillo, M., & Saavedra, J. (2005). Governability and economic perfomance in 1990s Peru. En A. Solimano (Ed.), Political crises, social conflict and economic development: the political economy of the Andean region (pp. 208-262). Cheltenham: Edward Elgar Publishing.

Together, the chapters highlight the detrimental effects of political instability and social conflict on economic growth and stability, as well as the feedback effects from poor economic performance on political instability and institutional fragility. The country studies warn that narrow economic reforms that do not pay adequate attention to politics, institutions and social structures are bound to fail in bringing lasting prosperity and stability to complex societies.