Social Polarization, Social Institutions, and Country Creditworthiness

The literature argues that the presence of multiple veto players (government decisionmakers) with polarized interests increases the credibility of sovereign commitments, but reduces the ability of governments to adjust policies in the event of exog...

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Bibliographic Details
Main Authors: Keefer, Philip, Knack, Stephen
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
GDP
OIL
Online Access:http://documents.worldbank.org/curated/en/2002/10/2054538/social-polarization-social-institutions-country-creditworthiness
http://hdl.handle.net/10986/19227