We look at the effect of exchange rate regimes on fiscal discipline, taking into account the effect of underlying political conditions. We present a model where strong politics (defined as policymakers facing longer political horizon and higher cohesion) are associated with better fiscal...

A neoclassical realist interpretation of grand strategy -- U.S. grand strategy in the early phases of the Cold War -- The hardening of alliances in the 1890s -- Power, wealth, and time in the mercantilist period -- Britain's naval scare of 1909 -- Behind the Maginot Line : French grand strategy...