Political Models of Macroeconomic Policy and Fiscal Reform
Alberto Alesina
Jan 1992 · World Bank Publications
Ebook
36
Pages
Tools
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About this ebook
Two forces affect the success of stabilization in both dramatic and dictatorial systems: (1) the policymakers' incentive to retain power and (2) society's polarization and the degree of social conflict.
Two forces affect the success of stabilization in both dramatic and dictatorial systems: (1) the policymakers' incentive to retain power and (2) society's polarization and the degree of social conflict.
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