They are the result of collective decisions where groups with different attributions and preferences take place, whose political power hinges on political institutions (de jure political power) and on distribution of economic resources (de facto political power).
Even if this collective decision-making process may take time, the fact that institutional reforms are carried out based on “conviction” rather than on “need” and with the necessary consensus, clearly improves the possibilities of success and its long-term persistence. Now policy makers worldwide seem to understand that policy recipes vary from one case to the other in this complex scenario.