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This paper surveys some recent literature on fiscal policy and comparative politics. Economic policy is viewed as the outcome of a game with multiple-principals and multiple-agents. Opportunistic politicians bargain over policy. Rational voters hold them accountable through retrospective voting....
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The sizeable fiscal consolidation required to stabilize the debt-to-GDP ratios in several countries in the aftermath of the global crisis raises a crucial question on its feasibility. To answer this question, we rely on historical evidence from a sample of 91 adjustment episodes of countries...
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Soliman (political economy and political science, American University in Cairo, Egypt) conducts a political-economic analysis of the regime of the recently ousted Hosni Mubarak, who ruled Egypt for 30 years until the Egyptian popular uprising of 2011. His central argument, influenced by both...
Persistent link: https://www.econbiz.de/10009125788
This paper surveys some recent literature on fiscal policy and comparative politics. Economic policy is viewed as the outcome of a game with multiple-principals and multiple-agents. Opportunistic politicians bargain over policy. Rational voters hold them accountable through retrospective voting....
Persistent link: https://www.econbiz.de/10013321355
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