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Political Institutions and Incentives for Economic Reforms

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  • Börner, Kira Astrid
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    Abstract

    Political institutions matter for the incentives of politicians to implement economic reforms. This dissertation presents tools of analysis for understanding how political institutions constrain and shape the incentives of political decision-makers. Thus, it identifies reasons for why current governments might not enact sufficiently large economic reforms, delay necessary reforms, or take the wrong reform steps, as they are commonly perceived to do. In particular, the dissertation analyzes the incentives to privatize state-owned enterprises, to enact reforms in the presence of influential interest gropus, and to implement anti-corruption measures.

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    File URL: http://edoc.ub.uni-muenchen.de/3165/1/Boerner_Kira_Astrid.pdf
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    Bibliographic Info

    Paper provided by University of Munich, Department of Economics in its series Munich Dissertations in Economics with number 3165.

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    Date of creation: 26 Jan 2005
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    Handle: RePEc:lmu:dissen:3165

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    Related research

    Keywords: political economy; political institutions; privatization; interest groups; corruption;

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    1. Patrick W. Schmitz, 2000. "Partial Privatization and Incomplete Contracts: The Proper Scope of Government Reconsidered," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 57(4), pages 394-411, August.
    2. Acemoglu, Daron & Verdier, Thierry, 1998. "Property Rights, Corruption and the Allocation of Talent: A General Equilibrium Approach," Economic Journal, Royal Economic Society, vol. 108(450), pages 1381-1403, September.
    3. Young, Oran R., 1991. "Political leadership and regime formation: on the development of institutions in international society," International Organization, Cambridge University Press, vol. 45(03), pages 281-308, June.
    4. George T. Abed & Hamid Reza Davoodi, 2000. "Corruption, Structural Reforms, and Economic Performance in the Transition Economies," IMF Working Papers 00/132, International Monetary Fund.
    5. Daron Acemoglu & Simon Johnson & James Robinson, 2004. "Institutions as the Fundamental Cause of Long-Run Growth," NBER Working Papers 10481, National Bureau of Economic Research, Inc.
    6. Mary M. Shirley, 1997. "POLICY ARENA: The Economics and Politics of Government Ownership," Journal of International Development, John Wiley & Sons, Ltd., vol. 9(6), pages 849-864.
    7. Schmidt, Klaus M. & Schnitzer, Monika, 1993. "Privatization and Management Incentives in the Transition Period in Eastern Europe," Munich Reprints in Economics 3400, University of Munich, Department of Economics.
    8. Daron Acemoglu & James A. Robinson, 2002. "Economic Backwardness in Political Perspective," NBER Working Papers 8831, National Bureau of Economic Research, Inc.
    9. Daron Acemoglu & Simon Johnson & James A. Robinson, 2001. "Reversal of Fortune: Geography and Institutions in the Making of the Modern World Income Distribution," NBER Working Papers 8460, National Bureau of Economic Research, Inc.
    10. Rose-Ackerman, Susan, 1975. "The economics of corruption," Journal of Public Economics, Elsevier, vol. 4(2), pages 187-203, February.
    11. Schmidt, Klaus M., 1997. "The Political Economy of Mass Privatization and the Risk of Expropriation," CEPR Discussion Papers 1542, C.E.P.R. Discussion Papers.
    12. Daron Acemoglu, 2002. "Why Not a Political Coase Theorem? Social Conflict, Commitment and Politics," NBER Working Papers 9377, National Bureau of Economic Research, Inc.
    13. Daron Acemoglu & Simon Johnson & James A. Robinson, 2000. "The Colonial Origins of Comparative Development: An Empirical Investigation," NBER Working Papers 7771, National Bureau of Economic Research, Inc.
    14. repec:bla:restud:v:72:y:2005:i:1:p:269-286 is not listed on IDEAS
    15. Yarrow, George, 1999. "A theory of privatization, or why bureaucrats are still in business," World Development, Elsevier, vol. 27(1), pages 157-168, January.
    16. Schmidt, Klaus M, 1996. "The Costs and Benefits of Privatization: An Incomplete Contracts Approach," Journal of Law, Economics and Organization, Oxford University Press, vol. 12(1), pages 1-24, April.
    17. Romer, Thomas & Rosenthal, Howard, 1979. "Bureaucrats versus Voters: On the Political Economy of Resource Allocation by Direct Democracy," The Quarterly Journal of Economics, MIT Press, vol. 93(4), pages 563-87, November.
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