The Art of Making Everybody Happy : How to Prevent a Secession /

In this paper we consider a model of the country with heterogeneous population and examine compensation schemes that may prevent a threat of secession by dissatisfied regions. We show that horizontal imbalances are combatable with secession-proof compensation schemes that entail a degree of partial...

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Bibliographic Details
Main Author: Le Breton, Michel
Other Authors: Weber, Shlomo
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2001.
Series:IMF Working Papers; Working Paper ; No. 2001/176
Subjects:
Online Access:Full text available on IMF