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A NOTE ON THE POLITICAL EXPENDITURE CYCLE IN LATIN AMERICA*
Authors:Barry Ames
Abstract:In an earlier paper I established that Latin American executives both civilian and military, manipulate aggregate public expenditures so as to maximize their chances of retaining office. This paper carries the analysis further by elaborating five probable strategies, each consequent to the socio-political conditions executives face, and links strategies to tradeoffs in various programs' shares of the budget at crucial periods. The results suggest that in fact executives do respond to their survival problems by manipulating expenditure shares.
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