The political economy of EDP fiscal forecasts: An empirical assessment

Political Economy of Fiscal Institutions

We discuss two essential problems of the political economy of public finances: The principal agent problem between voters and elected politicians and the common pool problem arising from the fact that money drawn from a general tax fund is used to pay for policies targeting more or less narrow groups in society. Three institutional mechanisms exist to deal with these problems, ex-ante rules con...

The political economy of fiscal policy: Survey

political economy of china in central asia

this research is about the political economy of china in central asia. in this research the political & economic interactions affected on chinas political economy in central asia are examined. chinas goal of presence in central asia including political-security, economic and energy goals is described in one part. in another part, the trade relations between china and central asian countries ar...

The Political Economy of Development: An Assessment

Research in the field of economic development is increasingly engaged with questions of political economy, of how political choices, institutional structures and forms of governance influence the economic choices made by governments and citizens. We summarize recent developments in the field and introduce a set of papers that illustrate key themes and methodological innovations associated with ...

Fiscal Decentralization: A Political Economy Perspective

This paper surveys recent contributions to the study of fiscal decentralization which adopt a political economy approach. It is argued that this approach can capture, in a variety of formal models, the plausible and influential ideas (increasingly, supported by empirical evidence) that fiscal decentralization can lead to improved preference-matching and accountability of government. In particul...