Stability through constraints: the impact of fiscal rules on autocratic survival

نویسندگان

چکیده

A growing literature has investigated the role that formal and informal economic institutions play for autocratic survival. However, this has, so far, ignored a type of institution grown in importance among both democracies non-democracies recent decades, namely, national fiscal rules. In article, we argue rules can affect survival but effect is time-dependent. The introduction stricter framework causes short-term retrenchment might increase uncertainty regime supporters about provision future patronage spoils. also improve long-term management and, thus, investor confidence performance long run. Consequently, stabilize regimes run not short Fixed-effect estimations on panel autocracies from 1987 to 2016 provide substantial evidence favour argument.

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ژورنال

عنوان ژورنال: Democratization

سال: 2021

ISSN: ['1743-890X', '1351-0347']

DOI: https://doi.org/10.1080/13510347.2021.1947249