The Political Economy of Budget Deficits /

This paper provides a critical survey of the literature on politico-institutional determinants of the government budget. We organize our discussion around two questions: Why did certain OECD countries, but not others, accumulate large public debts? Why did these fiscal imbalances appear in the last...

Full description

Bibliographic Details
Main Author: Alesina, Alberto
Other Authors: Perotti, Roberto
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1994.
Series:IMF Working Papers; Working Paper ; No. 1994/085
Online Access:Full text available on IMF