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German wind power development is a technological success story but has involved very high subsidies. Germany was a latecomer in wind power but specific political conditions in the late 1980s and early 1990s allowed the implementation of the feed in tariff regime which has characterised Germany...
Persistent link: https://www.econbiz.de/10005513606
The paper compares different aid policy instruments and their effect on the target group. Starting from a situation where interest groups compete for the resources of the government, international financial institutions aim to change the policy outcome. They can either directly support one group...
Persistent link: https://www.econbiz.de/10005320477
The World Bank is a prestigious and large international financial institution. Since its foundation it has widened the scope and the size of its activities. One interpretation of what the World Bank is doing is the provision of public goods. If we take this interpretation seriously the...
Persistent link: https://www.econbiz.de/10005801323
Standard spatial models of political competition give rise to equilibria in which the competing political parties or candidates converge to a common position. In this paper I show how political polarization can be generated in models that focus on the nexus between pre-election interest group...
Persistent link: https://www.econbiz.de/10005468563