Weak Coalitions and Reforms

[JamD]

Chapters:
0:00 Introduction
1:30 Why are coalitions better?
9:20 Distribution of power and stability
19:15 Sovereign risk and investment
26:00 India’s economic growth
31:40 Volatility of growth
37:50 Consensus in politics
42:50 Reading recommendations

Comments: An interesting view on the political economy of weak vs strong coalition lead governments. Contrary to popular opinion, the guest presents the thesis that coalition governments are able to make more sustainable albeit incremental reforms that are better for a country's economy in the long term. Interesting perspective that is counter intuitive.