Aid, rents, and the politics of the budget process

Mejía Acosta, Andrés; and de Renzio, Paolo (2008) Aid, rents, and the politics of the budget process. [Working paper]
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This paper analyzes how the presence of natural resource revenues affected the numbner and cooperation incentives of political actors in Ecquador, Peru and Bolivia. The paper suggests that the absence of effective political parties undermined the benefits of the decentralization process and gave presidents greater discretionality over the allocation and execution of resource rents.

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