political connections

Political elites don’t just govern, many also own businesses. In Mozambique, public office is often converted into private business capital, highlighting how political power can be a direct route to economic influence, both for office holders and the...

Tariff cuts in India reduced firms’ reliance on political connections, lowering politically driven misallocation and addressing a common source of inefficiency.

Political connections helped firms secure scarce credit, delay payments, boost investments, and grow faster following the major economic crisis in India due to demonetisation.

Do government officials in China get promoted based on economic performance?

Connected cities request and receive 15% more funds from the national government. Yet the welfare loss from this may be only 0.24% of the budget.