We examine the effect of regime change on privatization using the 2004 election surprise in India. The pro-reform BJP was unexpectedly defeated by a less reformist coalition. Stock prices of government-controlled companies that had been slated for definite privatization by the BJP dropped by 3.5...

The Jamaica Labour Party won The 2003 Local Government Elections in 2003 by a landslide victory. During the 3 year period ALL members of the JLP Local Government have displayed the highest level of effective leadership as they have said and done all the right things. However in terms of...

We develop a model of electoral competition in which two purely opportunistic candidates select their policy position and invest in the quality of their platform. Policy positions are observed and, during the electoral campaign, the press reveals some information about quality. We demonstrate...

This paper develops a new approach to studying how electoral bias in favor of one party due to the pattern of districting affects policy choice. We tie a commonly used measure of bias to the theory of party compe- tition and show how this affects policy choice. The usefulness of the approach is...