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Two main themes of the book are that (1) politics can distort optimal fiscal policy through...

This paper is concerned with economic consequences of unethical governance. A framework is set...

Understanding of the domestic political environment is key to building broad country ownership...

This paper provides evidence of fiscal procyclicality, excessive deficits, distorted budget...

An empirical finding by Gaspar, Jaramillo and Wingender (2016) shows that once countries cross a...

We look at the effect of exchange rate regimes on fiscal discipline, taking into account the...