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...
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
1994.
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Series: | IMF Working Papers; Working Paper ;
No. 1994/085 |
Online Access: | Full text available on IMF |