Fragmented Politics and Public Debt

Fragmented Politics and Public Debt
In this paper, we study the impact of fragmented politics on public debt—in particular, between two consecutive legislative elections. Using data for 92 advanced and developing countries during 1975-2015, we find a positive association between political fragmentation and public debt changes. Corruption magnifies the effects; with higher... READ MORE...

Publication date: September 2016
ISBN 9781475537024
$18.00

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