Tuesday - June 9, 2026
World Bank Issues Policy Paper 'A Theory of "Political Will" for Reforms'
June 01, 2026
WASHINGTON, June 1 (TNSLrpt) -- The World Bank issued the following working paper (No. 11403) on June 1, 2026 by Laura Karpuska and Stuti Khemani entitled "A Theory of "Political Will" for Reforms."

Here is the abstract:

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Do politicians pursue reforms when they know that status-quo policies are inefficient? Prior literature has answered this question as dependent upon reelection incentives to pander to uninformed voters. This paper . . .

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