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We analyze the political stability of capital funded social security. In particular, using a stylized theoretical framework we study the mechanisms behind governments capturing pension assets in order to lower current taxes. This is followed by an analysis of the analogous mechanisms in a...
Persistent link: https://www.econbiz.de/10014048872
Is experimentalist governance (XG) self-limiting or self-reinforcing by virtue of its relationship to strategic uncertainty as an essential scope condition? This paper tackles this important but understudied question by elaborating a series of ideal-typical pathways for the temporal evolution of...
Persistent link: https://www.econbiz.de/10014103353