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the country, finally, the paper discusses how governments, in particular the central government, should address these … problems and challenges. Given that China has faced great difficulty ensuring that local governments act in accordance with … centrally-directed policies, the paper in particular discusses ways to incentivize local governments not to focus on economic …
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The literature has identified that countries with higher levels of openness tend to present a larger government sector as a way to reduce the risks to the economy that openness entails. This paper argues that there are a number of policies that can mitigate trade-induced risks, many of which do...
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that fellow voters will accept particularistic benefits from poorly performing governments that keep them from voting … against those governments, no voter has an incentive to select politicians who promise high-quality government. By the same …
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