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Political Instability, Political Polarisation, and Public Sector Institutional Reforms

Author

Listed:
  • Hagen, R.J.

Abstract

For politicians holding office today, reforming public sector institutions is an investment; they must spend resources now if they wish to achieve future gains. These institutions have no property rights attached to them. Therefore politicians need to remain in control if they are to reap the benefits of reform. Political uncertainty then affects the "returns" to investment.

Suggested Citation

  • Hagen, R.J., 1997. "Political Instability, Political Polarisation, and Public Sector Institutional Reforms," Papers 12/97, Norwegian School of Economics and Business Administration-.
  • Handle: RePEc:fth:norgee:12/97
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    Cited by:

    1. Hagen, Rune Jansen, 2002. "The electoral politics of public sector institutional reform," European Journal of Political Economy, Elsevier, vol. 18(3), pages 449-473, September.

    More about this item

    Keywords

    POLITICS ; PUBLIC SECTOR;

    JEL classification:

    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption

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