In this paper, we discuss whether and how bank lobbying can lead to regulatory capture and have real consequences … through an overview of the motivations behind bank lobbying and of recent empirical evidence on the subject. Overall, the … interpreted as a call for an outright ban of lobbying, they point in the direction of a need for rethinking the framework …

. In particular, we discuss the joint impact of trade openness and political uncertainty. Our theory predicts that the …. Political uncertainty has a positive effect on environmental policy as it reduces lobbying efforts. Applying our model to a … unique data set of primarily developing countries, the empirical findings support the theory and are robust under alterntive …