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Political Business Cycles and Expenditure Policies in Developing Countries

Political Business Cycles and Expenditure Policies in Developing Countries »

Source: Political Business Cycles and Expenditure Policies in Developing Countries

Volume/Issue: 1994/121

Series: IMF Working Papers

Author(s): Ludger Schuknecht

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1994

ISBN: 9781451854312

Keywords: elections, election, fiscal balance, fiscal policies, capital expenditure

The paper studies empirically fiscal policies around elections in 35 developing countries. It finds that governments try to improve their reelection prospects with the help of expansionary expenditure policies. Ris...

Colonial Origins, Institutions and Economic Performance in the Caribbean

Colonial Origins, Institutions and Economic Performance in the Caribbean »

Source: Colonial Origins, Institutions and Economic Performance in the Caribbean : Guyana and Barbados

Volume/Issue: 2007/43

Series: IMF Working Papers

Author(s): Michael DaCosta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2007

ISBN: 9781451866070

Keywords: Caribbean, Guyana, Barbados, Institutions, Economic History, elections, labour, political parties, election, labor force

The countries that were once British colonies in the Caribbean share a common language and a colonial history of slavery, dominance of a plantation-based sugar industry, and broadly similar government and administr...

Rethinking the Governance of the International Monetary Fund

Rethinking the Governance of the International Monetary Fund »

Source: Rethinking the Governance of the International Monetary Fund

Volume/Issue: 2006/273

Series: IMF Working Papers

Author(s): Abbas Mirakhor , and Iqbal Zaidi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2006

ISBN: 9781451865332

Keywords: International Monetary Arrangements and Institutions, voting, exchange rates, capital flows, International Economic Order,

This paper attempts to set out the principal issues that need to be resolved in formulating a proposal for quotas and voice reform in the IMF that could command broad support. Following John Rawls, we argue that "j...