This paper explores the impact of elections on economic policies and governance in developing countries. We distinguish between a structural effect, which increases accountability, and a cyclical effect which may be disruptive. Since the effects are offsetting, neither can be analysed in isolation. We implement an econometric analysis on more than 80 developing countries using positive changes in the country policy and institutional assessment of the World Bank and the International Country R...Expand abstract
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Elections and Economic Policy in Developing Countries.
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