The Leading eBooks Store Online 4,391,687 members ⚫ 1,493,850 ebooks

New to eBooks.com?

Learn more

Political Budget Cycles in Papua New Guinea

Political Budget Cycles in Papua New Guinea by Ebrima Faal
Buy this eBook
US$ 9.00
(If any tax is payable it will be calculated and shown at checkout.)
This paper assesses the presence of opportunistic electoral budget cycles in Papua New Guinea. Using quarterly time series data, a clear pattern emerges of pre-election manipulations of fiscal policy by incumbent governments, mainly in the form of increased development spending and overall primary expenditure, followed in some cases by retrenchment in post-election periods. These findings are consistent with the predictions of rational opportunistic political business cycle theory. It is noteworthy that revenue was not statistically significantly related to elections, either in the pre- or post-election period. In this regard, electoral swings in fiscal deficits reflect a preference for influencing expenditures rather than taxation.
International Monetary Fund; September 2007
16 pages; ISBN 9781452780382
Read online, or download in secure EPUB or secure PDF format
Title: Political Budget Cycles in Papua New Guinea
Author: Ebrima Faal
 
ISBNs
1451912366
9781451867831
9781451912364
9781452780382