Showing 1 - 10 of 20
Social security programs generally seek to provide insurance and to reduce poverty and inequality. Providing insurance requires little redistribution. But reducing inequality and alleviating poverty do require redistribution. To reduce inequality, programs must redistribute income, but...
Persistent link: https://www.econbiz.de/10011405009
We argue that societies sometimes choose not to enforce the law to gain 'flexibility'. Especially developing countries face a dilemma between discretion and commitment to only partially-contingent rules. Rules are good for incentives, but discretion may be more 'flexible'. We embed this dilemma...
Persistent link: https://www.econbiz.de/10014485990
This paper proposes an agenda for the study of the determinants and the processes by which strong policymaking institutions emerge, with emphasis on the most central democratic institution: the legislature. It reviews extant theories of institutionalization, and proposes further ways of...
Persistent link: https://www.econbiz.de/10010328097
This paper contributes to an agenda that views the effects of policies and institutional reforms as dependent on the structure of political incentives for national and subnational political actors. The paper studies political incentive structures at the subnational level and the mechanisms...
Persistent link: https://www.econbiz.de/10010328117
This paper uses data from the Argentine House of Representatives to study the relationship between legislative effort and political success, as measured by reelection, becoming a leader of the House, and moving to higher political positions. It is found that more effort is associated with a...
Persistent link: https://www.econbiz.de/10010328163
This paper argues that institutionalization is an equilibrium phenomenon and is associated with better policies and better results in terms of economic development. In support of this argument is presented a theoretical model that extends the space of feasible actions for political actors,...
Persistent link: https://www.econbiz.de/10010328180
This paper develops a framework for analyzing different policymaking styles, their causes and their consequences in Latin America, finding that lower institutionalization and greater use of alternative political technologies (APTs) are more likely the lower the cost of using these technologies,...
Persistent link: https://www.econbiz.de/10010328215
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,...
Persistent link: https://www.econbiz.de/10010328238
The understanding of the economic effect of formal institutional rules has progressed substantially in recent decades. These formal analyses have tended to take for granted that institutional arenas such as Congress are the places where decision-making takes place. That is a good approximation...
Persistent link: https://www.econbiz.de/10010328240
The capacity to sustain policies over time and the capacity to adjust policies in the face of changing circumstances are two desirable properties of policymaking systems. The veto player approach has suggested that polities with more veto players will have the capacity to sustain policies at the...
Persistent link: https://www.econbiz.de/10010328268