Der Geist des „Roten Wien“ ins 21. Jahrhundert gerettet: Karl Popper Reconsidered by Malachi Haim Hacohen

Ohne Zusammenfassung Der nachstehende Text ist eine überarbeitere Fassung der Laudatio für Malachi Haim Hacohen anl?sslich der überreichung des Victor-Adler-Staatspreises in Wien am 25. April 2003. Hacohen erhielt diesen Preis für sein Werk „Karl Popper — the Formative Years, 1902–1945. Politics and Philosophy in Interwar Vienna“, Cambridge: University Press 2000.     

Executive Authority, the Personal Vote, and Budget Discipline in Latin American and Caribbean Countries

Recent scholarship on budgeting in Latin American and Caribbean (LAC) countries indicates that political institutions impact the level of budget discipline. Building upon this previous research, we argue that the principal problem that must be addressed in both the government and the legislature to insure strong fiscal discipline is the common pool resource (CPR) problem. At the cabinet level, the CPR problem arises because ministers consider the implications of decisions on their ministries only. The level of the CPR problem in the legislature depends upon the electoral system. Using a data set of LAC countries for the period 1988–97, we find that executive power in the budget process is most effective in reducing budget deficits when electoral incentives for the personal vote is high in the legislature, while strengthening the president (or prime minister) in countries where the personal vote is low in the legislature has no effect .