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Populist fiscal policy (English)

Political economy explanations for fiscal profligacy are dominated by models of bargaining among organized interest groups over group-specific targeted benefits financed by generalized taxation. These models predict that governments consisting of a coalition of political parties spend more than single-party regimes. This paper presents an alternative model-that of populist pressure on political parties to spend more on the general public good, financed...
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Citation

Khemani,Stuti; Wane,Waly.

Populist fiscal policy (English). Policy Research working paper ; no. WPS 4762 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/633551468136199999

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