Fiscal Politics - Vitor Gaspar, Sanjeev Gupta & Carlos Mulas-Granados

Fiscal Politics

By Vitor Gaspar, Sanjeev Gupta & Carlos Mulas-Granados

  • Release Date: 2017-04-07
  • Genre: Business & Personal Finance
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Two main themes of the book are that (1) politics can distort optimal fiscal policy through elections and through political fragmentation, and (2) rules and institutions can attenuate the negative effects of this dynamic. The book has three parts: part 1 (9 chapters) outlines the problems; part 2 (6 chapters) outlines how institutions and fiscal rules can offer solutions; and part 3 (4 chapters) discusses how multilevel governance frameworks can help.

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