Showing 1 - 10 of 311
Persistent link: https://www.econbiz.de/10005571241
We consider a model of policy choice in which appropriate policies depend on a country’s own circumstances, but the presence of a successful leader generates an informational externality and results in too little ‘policy experimentation’. Corrupt governments are reined in while honest...
Persistent link: https://www.econbiz.de/10005136734
We consider a model of policy choice in which appropriate policies depend on a country's own circumstances, but the presence of a successful leader generates an informational externality and results in too little "policy experimentation." Corrupt governments are reined in while honest...
Persistent link: https://www.econbiz.de/10005819275
We consider a model of policy choice in which appropriate policies depend on a country's own circumstances, but the presence of a successful leader generates an informational externality and results in too little 'policy experimentation.' Corrupt governments are reined in while honest...
Persistent link: https://www.econbiz.de/10005710726
Persistent link: https://www.econbiz.de/10005527458
We examine the role of visibility in influencing government resource allocation across multiple public goods. In an electoral framework, outcomes are defined to be less visible in tasks if it is harder to assess government ability based on observed outcomes. Such a 'visibility effect' distorts...
Persistent link: https://www.econbiz.de/10005034023
Persistent link: https://www.econbiz.de/10005095588
Governments in many developing countries skew public resources towards urban sectors, despite a majority of citizens residing in rural areas. This paper develops a novel political argument for this urban bias phenomenon in a framework where all voters, rural and urban, have equal voice, but...
Persistent link: https://www.econbiz.de/10005102131
Why do economic reforms that are proceeding successfully often run aground? In this paper we show that there might arise circumstances where the initial success of reform might result in it running into a political impasse. We suggest that the key might lie in the e?ect that the reform process...
Persistent link: https://www.econbiz.de/10005102155
Persistent link: https://www.econbiz.de/10005070097