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Preferred term

political business cycles  

Definition

  • Political business cycle generally refers to the fluctuation of economic activity that results from an external intervention of political actors. Mainly, it is used to describe the stimulation of the economy just prior to an election in order to improve prospects of the incumbent government getting reelected. [Source: Encyclopedia of Governance; Political Business Cycle]

Broader concept

Belongs to group

URI

https://concepts.sagepub.com/social-science/concept/political_business_cycles

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