I wrote a recent blog post on how parliamentarism passes the Pritchett test. The Pritchett test is one of the most stringent tests a policy can pass. To recapitulate, in Romer's words, the policy must fulfill the following requirements:
Parliamentarism passes another test
I wrote a recent blog post on how parliamentarism passes the Pritchett test. The Pritchett test is one of the most stringent tests a policy can pass. To recapitulate, in Romer's words, the policy must fulfill the following requirements: