In this article, the authors argue that where institutions are strong, actors are more likely to participate in the political process through institutionalized arenas, while where they are weak, protests and other unconventional means of participation become more appealing. The authors explore...

This paper surveys selected themes in the political economy of policymaking in Latin America, with an emphasis on recent research focusing on actual decision and implementation processes, and on the political institutions and state and social actors involved in those processes. In particular,...

In this paper we investigate the logic and the workings of fiscal rules, with focus on rules for subnational governments. We argue against a simplistic view that sees the writing of numerical limits on fiscal variables as the solution to fundamental fiscal problems. We suggest that international...

This paper argues that where institutions are strong, actors are more likely to participate in the political process through institutionalized arenas, while where they are weak, protests and other unconventional means of participation become more appealing. This relationship is explored...

This paper presents a brief introduction to the topics covered by the Economics of Uncertainty and Information. We focus on the impact of this fields to issues relevant for Latin America.

This paper is concerned with the characteristics, determinants and consequences of varying levels of congressional institutionalization. Our work can be traced back to the early work on congressional institutionalization done by Polsby (1968), which is complemented here by the game-theoretic...