Democracy, public expenditures, and the poor, Vol. 1 of 1

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Democracy, public expenditures, and the poor

Author:	Keefer, Philip; Khemani, Stuti;	Collection Title:	Policy, Research working paper ; no. WPS 3164
Country:	World;	Date Stored:	2003/12/10
Document Date:	2003/11/30	Document Type:	Policy Research Working Paper
Language:	English	Region:	The World Region
Report Number:	WPS3164	SubTopics:	Environmental Economics & Policies; Economic Theory & Research; Banks & Banking Reform; Health Economics & Finance; Decentralization; ICT Policy and Strategies
Volume No:	1 of 1

Summary: Countries vary systematically with respect to the incentives of politicians to provide broad public goods, and to reduce poverty. Even in developing countries that are democracies, politicians often have incentives to divert resources to political rents, and to private transfers that benefit a few citizens at the expense of many. These distortions can be traced to imperfections in political markets, that are greater in some countries than in others. The authors review the theory, and evidence on the impact of incomplete information of voters, the lack of credibility of political promises, and social polarization on political incentives. They argue that the effects of these imperfections are large, but that their implications are insufficiently integrated into the design of policy reforms aimed at improving the provision of public goods, and reducing poverty.


Official Documents Official, scanned versions of documents (may include signatures, etc.)
File Type		Description	File Size (mb)

	PDF 36 pages	Official version*	2.52 (approx.)
	Text	Text version**


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File Type		Description	File Size (mb)

	PDF 36 pages	WPS3164	0.32

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