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| Magazine/Journal : | Public Policy Review 4 (1) Dec 2008 : 77 - 110 |
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| No review available for this collection: 120471 |
Abstract
This paper investigates public investment policy (mainly from the 1980s onwards) with a political - economic approach. The points of this paper are as follow. First, at the macro level , it is possible that the short-term fluctuation of public investment has been controlled by the government party's political incentive to win an election rather than in order to dampen economic fluctuations....