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This paper is an analytical attempt to isolate and differentiate the concepts of "redistributive politics" and "corruption". Such analytical distinction helps us in understanding how redistributive politics can adversely affect the quality of public investment in a poor region. We highlight the...
Persistent link: https://www.econbiz.de/10014062520
This paper looks at the role of redistributive politics and corruption in the utilization of foreign aid. We find that the governments in relatively poor countries have incentive to adopt ‘bad policies’ which do not improve the growth rate of the economy. On the other hand, the governments...
Persistent link: https://www.econbiz.de/10015384860