Publication:
Political Alternation as a Restraint on Investing in Influence : Evidence from the Post-Communist Transition

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dc.contributor.authorHoff, Karla
dc.contributor.authorMilanovic, Branko
dc.contributor.authorHorowitz, Shale
dc.date.accessioned2012-06-01T21:01:25Z
dc.date.available2012-06-01T21:01:25Z
dc.date.issued2008-10
dc.description.abstractThe 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.en
dc.identifierhttp://documents.worldbank.org/curated/en/2008/10/9911985/political-alternation-restraint-investing-influence-evidence-post-communist-transition
dc.identifier.doi10.1596/1813-9450-4747
dc.identifier.urihttps://hdl.handle.net/10986/6932
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 4747
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTABILITY
dc.subjectASSASSINATION
dc.subjectAUTHORITARIANISM
dc.subjectAUTHORITY
dc.subjectBINDING CONSTRAINT
dc.subjectBRIBE
dc.subjectBRIBERY
dc.subjectBRIBES
dc.subjectCITIZENS
dc.subjectCIVIL SOCIETY
dc.subjectCOALITIONS
dc.subjectCOLLAPSE
dc.subjectCOLLAPSES
dc.subjectCOMMUNISM
dc.subjectCOMMUNIST
dc.subjectCOMMUNIST PARTY
dc.subjectCOMPOSITE INDICATORS
dc.subjectCONFIDENCE
dc.subjectCONSTITUENCIES
dc.subjectCONSTITUENTS
dc.subjectCONSTITUTIONALISM
dc.subjectCONTRACT ENFORCEMENT
dc.subjectCORPORATE GOVERNANCE
dc.subjectCORRUPT
dc.subjectCORRUPTION
dc.subjectCOUNTRY DUMMIES
dc.subjectCOUNTRY FIXED EFFECT
dc.subjectCOUNTRY FIXED EFFECTS
dc.subjectCREDIT RATING
dc.subjectCRIMINAL
dc.subjectCRIMINAL INVESTIGATIONS
dc.subjectCULTURAL IDENTITY
dc.subjectDECREE
dc.subjectDEMOCRACIES
dc.subjectDEMOCRACY
dc.subjectDEMOCRATIC SYSTEMS
dc.subjectDEMOCRATIZATION
dc.subjectEAST EUROPEAN
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIC REFORMS
dc.subjectELECTION
dc.subjectELECTIONS
dc.subjectELECTORAL COMPETITION
dc.subjectELECTORAL RULES
dc.subjectEMERGING MARKETS
dc.subjectFINANCIAL SUPPORT
dc.subjectFREE TRADE
dc.subjectGOOD GOVERNANCE
dc.subjectGOVERNANCE INDICATORS
dc.subjectGOVERNANCE INSTITUTIONS
dc.subjectGOVERNANCE MEASURE
dc.subjectGOVERNANCE MEASURES
dc.subjectGOVERNANCE OUTCOMES
dc.subjectGOVERNMENT ACTIONS
dc.subjectGOVERNMENT SERVICES
dc.subjectGRAND CORRUPTION
dc.subjectIDEOLOGIES
dc.subjectIMPROVING GOVERNANCE
dc.subjectINCOME LEVEL
dc.subjectINEQUALITY
dc.subjectINSTITUTIONAL CONSTRAINTS
dc.subjectINSTITUTIONAL FOUNDATIONS
dc.subjectINSTITUTIONAL REFORM
dc.subjectINTERNATIONAL CAPITAL
dc.subjectINTERNATIONAL CAPITAL FLOWS
dc.subjectINTERNATIONAL MARKETS
dc.subjectINTERNATIONAL PEACE
dc.subjectJAIL
dc.subjectJUDICIAL DECISIONS
dc.subjectJUDICIARY
dc.subjectLABOR UNIONS
dc.subjectLAW INDEX
dc.subjectLAW INDICATOR
dc.subjectLAWS
dc.subjectLEGAL INSTITUTIONS
dc.subjectLEGISLATION
dc.subjectLEGISLATURE
dc.subjectLIBERALIZATION
dc.subjectLIBERALIZATIONS
dc.subjectLOCAL LEVELS
dc.subjectLOWER HOUSE
dc.subjectMACROECONOMIC POLICY
dc.subjectMARKET ECONOMY
dc.subjectMEDIA
dc.subjectNATIONAL LEVEL
dc.subjectNATIONALISM
dc.subjectNATURAL RESOURCE
dc.subjectNATURAL RESOURCES
dc.subjectNEW MARKET
dc.subjectOWNERSHIP RIGHTS
dc.subjectPARLIAMENT
dc.subjectPARLIAMENTARY DEMOCRACY
dc.subjectPARLIAMENTARY ELECTIONS
dc.subjectPATRONAGE
dc.subjectPER CAPITA INCOME
dc.subjectPETTY CORRUPTION
dc.subjectPOLICY ISSUES
dc.subjectPOLITICAL CHANGE
dc.subjectPOLITICAL COMPETITION
dc.subjectPOLITICAL CORRUPTION
dc.subjectPOLITICAL ECONOMY
dc.subjectPOLITICAL INSTABILITY
dc.subjectPOLITICAL INSTITUTIONS
dc.subjectPOLITICAL LEADERS
dc.subjectPOLITICAL LEADERSHIP
dc.subjectPOLITICAL MOBILIZATION
dc.subjectPOLITICAL PARTIES
dc.subjectPOLITICAL PARTY
dc.subjectPOLITICAL PHILOSOPHER
dc.subjectPOLITICAL POWER
dc.subjectPOLITICAL POWERS
dc.subjectPOLITICAL PROCESS
dc.subjectPOLITICAL PROCESSES
dc.subjectPOLITICAL REGIMES
dc.subjectPOLITICAL RISK
dc.subjectPOLITICAL STABILITY
dc.subjectPOLITICAL SYSTEM
dc.subjectPOLITICAL SYSTEMS
dc.subjectPOLITICIAN
dc.subjectPOLITICIANS
dc.subjectPREFERENTIAL
dc.subjectPREFERENTIAL ACCESS
dc.subjectPREFERENTIAL TREATMENT
dc.subjectPRESIDENCY
dc.subjectPRESIDENTS
dc.subjectPRIME MINISTER
dc.subjectPRIVATE GAIN
dc.subjectPRIVATE OWNERSHIP
dc.subjectPRIVATIZATION
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC FUNDING
dc.subjectRATE OF RETURN
dc.subjectREGIME CHANGE
dc.subjectREPUBLICS
dc.subjectRESOURCE CURSE
dc.subjectRULE OF LAW
dc.subjectSAFETY NETS
dc.subjectSANCTIONS
dc.subjectSEPARATION OF POWERS
dc.subjectSOCIALISM
dc.subjectSTATE ASSETS
dc.subjectSTATE CAPTURE
dc.subjectSTATE CONTROL
dc.subjectSTATE GOVERNMENT
dc.subjectSTATE OWNERSHIP
dc.subjectSTRONG GOVERNANCE
dc.subjectTAXATION
dc.subjectTRANSITION COUNTRIES
dc.subjectTRANSITION ECONOMIES
dc.subjectTURNOVER
dc.subjectTURNOVERS
dc.subjectUPPER HOUSE
dc.subjectURBANIZATION
dc.subjectURBANIZATION RATE
dc.subjectVETO
dc.subjectVETO POWER
dc.subjectWESTERN EUROPE
dc.subjectWORLD DEVELOPMENT INDICATORS
dc.subjectWORLD POLITICS
dc.titlePolitical Alternation as a Restraint on Investing in Influence : Evidence from the Post-Communist Transitionen
dspace.entity.typePublication
okr.crossref.titlePolitical Alternation As A Restraint On Investing In Influence: Evidence From The Post-Communist Transition
okr.date.doiregistration2025-04-10T12:23:55.323417Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2008/10/9911985/political-alternation-restraint-investing-influence-evidence-post-communist-transition
okr.globalpracticeGovernance
okr.globalpracticeTrade and Competitiveness
okr.guid168371468140373755
okr.identifier.doi10.1596/1813-9450-4747
okr.identifier.externaldocumentum000158349_20081006082731
okr.identifier.internaldocumentum9911985
okr.identifier.reportWPS4747
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2008/10/06/000158349_20081006082731/Rendered/PDF/WPS4747.pdfen
okr.sectorPublic Administration, Law, and Justice :: General public administration sector
okr.themeVulnerability assessment and monitoring
okr.themePoverty strategy, analysis and monitoring
okr.themeOther social development
okr.themeAnalysis of economic growth
okr.topicGovernance::National Governance
okr.topicGovernance::Parliamentary Government
okr.topicPrivate Sector Development::Emerging Markets
okr.topicGovernance::Governance Indicators
okr.topicPublic Sector Corruption and Anticorruption Measures
okr.topicPublic Sector Development
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isAuthorOfPublicationef885098-1480-5065-99a0-202312d457c2
relation.isAuthorOfPublication.latestForDiscoveryef885098-1480-5065-99a0-202312d457c2
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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