Abstract
A political agreement is an agreement among political parties, party factions, candidates for public office, or holders of public office in regard to governmental policy, its constituency, or exercise of public authority. Such agreements can be reached both proceeding and following elections. A coalition agreement is the conspicuous example of a political agreement. It is generally concluded following the elections, and it establishes the division of ministerial portfolios among the coalition partners, sets policy guidelines and rules for exercising executive authority (e.g., allocation of monies for certain purposes), and regulates legislation and parliamentary supervision of the executive (e.g., the manner in which party delegates will vote in the Knesset).
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