All societies depend on biodiversity and biological resources, and policy makers are increasingly aware that development pressures are today generating unprecedented rates of biodiversity loss. The fact that biodiversity issues often receive low priority in policy decisions is at least in part...

Reallocation is about major adjustments of public expenditure away from its current patterns. In recent years, reallocation has become increasingly important as a means to finance new needs in the sphere of internal and external security, integration of immigrants, education, health and...

We investigate the effect of electoral rules and political regimes on fiscal policy outcomes in a panel of 61 democracies from 1960 and onwards. In presidential regimes, the size of government is smaller and less responsive to income shocks, compared to parliamentary regimes. Under majoritarian...