Political alternation as a restraint on investing in influence evidence from the post-communist transition

"The authors develop and implement a method for measuring the frequency of changes in power among distinct leaders and ideologically distinct parties that is comparable across political systems. The authors find that more frequent alternation in power is associated with the emergence of better...

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Bibliographic Details
Main Author: Milanovic, Branko
Corporate Author: World Bank
Other Authors: Hoff, Karla Ruth, Horowitz, Shale Asher
Format: eBook
Language:English
Published: [Washington, D.C] World Bank 2008
Series:Policy research working paper
Subjects:
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
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100 1 |a Milanovic, Branko 
245 0 0 |a Political alternation as a restraint on investing in influence  |h Elektronische Ressource  |b evidence from the post-communist transition  |c Branko Milanovic, Karla Hoff, Shale Horowitz 
260 |a [Washington, D.C]  |b World Bank  |c 2008 
653 |a Post-communism / Politics and government 
700 1 |a Hoff, Karla Ruth 
700 1 |a Horowitz, Shale Asher 
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500 |a Includes bibliographical references. - Title from PDF file as viewed on 5/12/2009 
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520 |a "The authors develop and implement a method for measuring the frequency of changes in power among distinct leaders and ideologically distinct parties that is comparable across political systems. The authors find that more frequent alternation in power is associated with the emergence of better governance in post communist countries. The results are consistent with the hypothesis that firms seek durable protection from the state, which implies that expected political alternation is relevant to the decision whether to invest in influence with the governing party or, alternatively, to demand institutions that apply predictable rules, with equality of treatment, regardless of the party in power. "--World Bank web site