A òòò½´«Ã½ study finds that election spending can give the economy a short-term boost by increasing consumer spending and creating temporary “election jobs.”
However, these gains are temporary. Such election shocks shift development priorities, fuel clientelism, and strain public finances.
Spending surges during election periods can also expose weak fiscal discipline and pose risks to long-term fiscal sustainability.
What is election spending and how does it impact this year’s Philippine economy?
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