Political institutions, intertemporal cooperation, and the quality of public policies



Título del documento: Political institutions, intertemporal cooperation, and the quality of public policies
Revista: Journal of applied economics
Base de datos: CLASE
Número de sistema: 000401683
ISSN: 1667-6726
Autores: 1
1
2
Instituciones: 1Banco Interamericano de Desarrollo, Washington, Distrito de Columbia. Estados Unidos de América
2Universidad de San Andrés, Buenos Aires. Argentina
Año:
Periodo: May
Volumen: 16
Número: 1
Paginación: 1-32
País: Argentina
Idioma: Inglés
Tipo de documento: Artículo
Enfoque: Analítico, descriptivo
Resumen en inglés While economists have tended to focus on specific public policies when developing recommendations, the achievement of welfare objectives might depend more on the quality of policies than their content. This paper develops several measures of the qualities of policies across countries, arguing that the quality of public policies depends on each polity’s ability to strike intertemporal transactions necessary to develop and sustain effective policies. The analytical framework developed here indicates that this ability depends on several characteristics of political institutions, such as congressional capabilities, judicial independence, and bureaucratic independence and professionalism. The empirical evidence presented supports this idea
Disciplinas: Economía
Palabras clave: Política económica,
Instituciones políticas,
Políticas públicas,
Gobierno,
Congreso,
Independencia judicial,
Institucionalización política,
Burocracia,
Desempeño gubernamental
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