Ben Cormier
Gebundenes Buch

How Governments Borrow

Partisan Politics, Constrained Institutions, and Sovereign Debt in Emerging Markets

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How Governments Borrow reveals how annual borrowing decisions are informed by domestic politics. The book traces the annual fiscal policymaking process in Emerging Markets (EM) to show how a government's partisan policy preferences are a primary determinant of annual external borrowing decisions and thus patterns of debt accumulation.