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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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
2001.
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| Series: | IMF Working Papers; Working Paper ;
No. 2001/176 |
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| Online Access: | Full text available on IMF |