
The Politics of the Asian Economic Crisis
T. J. Pempel
₹4,524

by Mark Hallerberg, Rolf Rainer Strauch, Jurgen Von Hagen
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This book presents a theoretical framework to discuss how governments coordinate budgeting decisions. There are two modes of fiscal governance conducive to greater fiscal discipline, a mode of delegation and a mode of contracts. These modes contrast with a fiefdom form of governance, in which the decision-making process is decentralized.
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