The bureaucracy trap
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Fecha
2023-07-30 -
Editorial/Editor
Elsevier -
Palabras clave
Política - Reforma -
Resumen
We study the incentives of political parties to institute reforms that improve bureaucratic quality and increase the ability of governments to implement policy change. We consider a context of dynamic elections where current rigidities do not permit large changes in policies. We show that reforms in which a sufficient share of benefits are experienced late in time will never be implemented if parties are patient enough.