
political connections
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How political connections shield firms during an economic crisis
Political connections helped firms secure scarce credit, delay payments, boost investments, and grow faster following the major economic crisis in India due to demonetisation.
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Is China a meritocracy?
Do government officials in China get promoted based on economic performance?
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The welfare cost of political connections: Evidence from Brazilian matching grants
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.