In this paper we study the link between elections, fiscal policy and economic growth/fluctuations. The set-up is a … uncertain prospects of re-election, find it optimal to follow relatively shortsighted fiscal policies, and that this lowers …

In this paper we study the link between elections, fiscal policy and economic growth/fluctuations. The set-up is a … uncertain prospects of re-election, find it optimal to follow relatively shortsighted fiscal policies, and that this lowers …

Despite the growing public debate on fiscal surprise during election periods in jurisdictions where the democratic …, sought to contribute to the debate on two counts. First, the study examines the effect of elections on debt servicing in … Africa. Second, the study investigates the joint effect of economic development and elections on debt servicing in Africa …

mediates the effect of elections on government expenditure. To this end, the study employs macrodata spanning 1985-2015 on 43 … African countries for the analysis. Robust evidence from the system GMM estimator shows that: (1) election periods … surprise in election periods. Policy recommendations are provided in the end. …