When Do Special Interests Run Rampant? Disentangling the Role in Banking Crises of Elections, Incomplete Information, and Checks and Balances

When Do Special Interests Run Rampant? Disentangling the Role in Banking Crises of Elections, Incomplete Information, and Checks and Balances

The author investigates the political determinants of government decisions that benefit special interest groups - especially government decisions to deal with banking crises. He finds that the better informed the voters, the more proximate elections, and the larger the number of political veto playe...

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Bibliographic Details
Main Author: Keefer, Philip
Format: Policy Research Working Paper
Language:en_US
Published: World Bank, Washington, DC 2014
Subjects:
Interest groups; Elections; Political decision making; Veto; Banking crises; Bank insolvency; Government role; Legislative oversight; Information dissemination; Checks & balances
Online Access:http://hdl.handle.net/10986/19966

Internet

http://hdl.handle.net/10986/19966

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