Abstract
Theoretical and empirical research on political budget cycles is surveyed and discussed. Significant political budget cycles are seen to be primarily a phenomenon of the first elections after the transition to a democratic electoral system.
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Drazen, A. (2018). Political Budget Cycles. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_2415
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DOI: https://doi.org/10.1057/978-1-349-95189-5_2415
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