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Why are the poor susceptible to clientelism, and what factors shield them from the influence of vote buying? We explore …
Persistent link: https://www.econbiz.de/10012614310
salary. To formulate how limited-term private ownership of bengkok land promotes clientelism, we model a timely delegation of …
Persistent link: https://www.econbiz.de/10012501502
suggest that while civil service reforms might weaken the bureaucratic clientelism, the pre-existing patronclient relations …
Persistent link: https://www.econbiz.de/10012061322
This article investigates the patronage phenomenon in the italian, so called, Second Republic. In particular, the …, where the interests of political parties and districts may diverge, the formers would need patronage resource to assure … parliamentarians' loyalty does play a role in patronage appointments as well as the electoral result in the next electoral competition. …
Persistent link: https://www.econbiz.de/10011571525
hires are relatively more qualified. Our results suggest a potential upside to patronage as campaign connections create new …
Persistent link: https://www.econbiz.de/10014281242
-profile occupational group from a political economics perspective. We analyze how political partisanship, political patronage after changes … selection of public servants has on senior official employment. We find some evidence for political patronage. …
Persistent link: https://www.econbiz.de/10009565331
This study examines the effect of regulatory independence of the central bank in shaping the impact of electoral cycles on bank lending behaviour in Africa. It employs the dynamic system Generalized Method of Moments (SGMM) Two-Step estimator for a panel dataset of 54 African countries over the...
Persistent link: https://www.econbiz.de/10014549289
This chapter offers a twofold shift in the application of the ‘credible commitment' concept laid down by North and Weingast in their classic 1989 article. It examines the concept in the context of charter-granting, rather than in that of the national debt and the government bond market, and...
Persistent link: https://www.econbiz.de/10013088464
Can banks exploit the political economy to generate revenue? If bank creditors (local depositors) are voters, the bank's capital structure can act as a tool to impact the electorate and thus bail-outs by changing the relative group size of voters who favor as opposed to object bailouts.As the...
Persistent link: https://www.econbiz.de/10013239537
Confronted with a failing firm, a politician sets a bailout to maximize his reelection chances. The voters among the firm’s stakeholders reward him for the bailout, while the remaining voters punish him in the elections since they finance the bailout via taxes. The firm also employs non-voting...
Persistent link: https://www.econbiz.de/10013250219