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This paper develops a dynamic framework to analyze the political sustainability of economic reforms in developing countries. First, we demonstrate that economic reforms that are proceeding successfully may run into a political impasse, with the reform's initial success having a negative impact...
Persistent link: https://www.econbiz.de/10010249669
immigration issue in European countries, is having on the degree of redistribution and the size of the public sector that is …
Persistent link: https://www.econbiz.de/10011527493
), incorporates social occupations in the lab society, and allows for (voluntary) redistribution among subjects. The results show that …
Persistent link: https://www.econbiz.de/10011455517
fractionalization and group antagonism reduce the support for redistribution. Whereas within group inequality increases support for … redistribution, inequality between groups have the opposite effect. All these results hold even if a poor group is in majority. Using … increases and between group inequality decreases redistribution. …
Persistent link: https://www.econbiz.de/10011508116
require the redistribution of vaccines, technology, and other scarce resources from high-income to low-income countries. The … national surveys of the U.S. adult population (N = 5,965), to study mass support for international redistribution. We find … redistribution. Overall, our results demonstrate that policymakers can secure broad public support for costly international …
Persistent link: https://www.econbiz.de/10012938950
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In the wake of the current crisis there has been an explosive rise in the level of the US public debt. These massive levels of public indebtedness are expected to keep growing unless there are drastic changes to existing budgetary policies. According to a recent series in the Financial Times,...
Persistent link: https://www.econbiz.de/10011653588
extent of redistribution. In this setting, trade liberalization is politically viable as long as the losers from trade are … may be limited political support for redistribution, and those who are left behind by globalization - namely unskilled … - by favoring the ascent of the educated class and thus eroding the political support for redistribution - may ultimately …
Persistent link: https://www.econbiz.de/10012168075