Social Polarization, Social Institutions, and Country Creditworthiness
The literature argues that the presence of multiple veto players (government decisionmakers) with polarized interests increases the credibility of sovereign commitments, but reduces the ability of governments to adjust policies in the event of exog...
Main Authors: | , |
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Format: | Policy Research Working Paper |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2014
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2002/10/2054538/social-polarization-social-institutions-country-creditworthiness http://hdl.handle.net/10986/19227 |