larger reform package of economic liberalisation in formerly overregulated economies, (b) as a reaction to an increasing …

smoothing. Second deficits can be eliminated through a fiscal reform, but such a reform may only take place after a" delay …

political mechanisms: we study legislative bargaining, lobbying, and electoral competition, as well as the possible interactions …

capture, and then protect, these rents leads to the creation of new distortions, even as the reform process tries to move … governments throughout the economy sought to capture these rents by developing high margin industries. Continued reform, and …, leading local governments to impose a variety of interregional barriers to trade. Thus, the reform process led to the …