"How an evolving relationship with China and India is changing Latin America's political and economic dynamics. In the years since China has adopted a "going global" strategy to promote its overseas investment, expand export markets, and gain much-needed access to natural resources abroad,...

Do voters punish governments that introduce fiscal "austerity" measures? If so, does voter response vary according to the design (composition) of fiscal adjustments? What determines the timing of fiscal consolidations? The empirical literature on the political economy of fiscal adjustments,...

This paper examines whether elections, which are generally held on fixed dates, and banking crises explain the timing of tax reforms and the allocation of the additional tax burden. Using an original fine-grained dataset of tax reforms, the paper finds support for the role of these two sources...