ABSTRACT
The 1988 reform initiated a new institutional path that introduced enduring stability; in this chapter, I seek to explain the foundations of this institutional stability. In line with the propositions of Chapter 8, I contend that the same reproduction mechanisms, i.e. the bargaining power of the enacting coalition, interdependence between different subfields and high switching and low opportunity costs, that prevented changes in the 1970 institutional setting also stabilised the financial perspective and the interinstitutional agreement in this period. Moreover, general satisfaction over existing path, in combination with specified venues for negotiating on-path alterations reduced the pressure for change.
