MODELE ZADŁUŻENIA PUBLICZNEGO ODWOŁUJĄCE SIĘ DO TYPU INSTYTUCJI POLITYCZNYCH
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Date
2007
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Wydział Prawa i Administracji UAM
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MODELS OF PUBLIC DEBT BASED ON NATIONAL POLITICAL INSTITUTIONS
Abstract
The paper presents models o f public debt where their level and dynamics is related to different
national political institutions. These institutions may influence public choices of political
decision-makers and the character o f their interactions. Differences between national political
institutions in different countries may explain cross-country differences in budget deficits and public
debt. The paper surveys a number of models, including models of fragmented governments, the
common pool model, or model of geographically dispersed interests.
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Ruch Prawniczy, Ekonomiczny i Socjologiczny 69, 2007, z. 3, s. 135-151.