Fiscal politics by Vitor Gaspar, Sanjeev Gupta, and Carlos Mulas-Granados published by IMF (3/2017). “Politics influence economic outcomes through various channels, including structural reforms and monerary and fiscal policies. The proximity to elections can affect the mix of governments’s spending plans. Political divisions could lead to larger fiscal deficits and public debt. Political ideology can have an influence on the design of tax and expenditure policies…”
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