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countries, as suggested by recent studies on the supremacy of institutions. Our empirical results show that the supremacy of … institutions does not hold. SSA countries appear to face very specific development problems. Given their geographic and economic … empirical evidence that appears to imply the supremacy of institutions. …
Persistent link: https://www.econbiz.de/10010886842
institutions and the institutional setting. For the polar cases of liberal economies and Scandinavian coordinated market economies …
Persistent link: https://www.econbiz.de/10010886882
institutions also influences economic growth and the ability of a country to attract trade and foreign direct investment …. Consequently, when institutions of FSU and sub-Saharan countries develop to the point they become attractive to traders and … commit credibly to increasing capacities of their state institutions with a view to supporting property-based rule of law and …
Persistent link: https://www.econbiz.de/10005076830
We propose a framework for evaluating the effectiveness of regulatory activity based on the distinctions among boundary, conduct, and attribute regulation. The standard we use to evaluate the efficiency and effectiveness of regulations creating boundaries, regulating conduct, and defining...
Persistent link: https://www.econbiz.de/10005076905
financial crises to improve their institutions and grow up to financial stability. …
Persistent link: https://www.econbiz.de/10005083346
The paper suggests that international differences in educational institutions explain the large international … institutions, scrutiny of achievement, and teacher influence on teaching methods. A large influence of teacher unions on curriculum … are not caused by differences in schooling resources but are mainly due to differences in educational institutions. …
Persistent link: https://www.econbiz.de/10005755282
A growing body of theoretical and empirical work identifies the ability of a country's institutions to protect private … development. We add to this literature by analyzing the impact of institutions on financial development using data on the … the same formal institutional framework in the U.S., immigrants bring with them varied experiences with institutions in …
Persistent link: https://www.econbiz.de/10004977915
The current research emphasis on institutions as key determinants of economic performance, rather than on resources and … resource productivity, has uncovered important questions for further research. For example, if institutions are central to … institutions? What specific aspects of institutions are responsible for economic performance? This paper suggests that two broad …
Persistent link: https://www.econbiz.de/10005125631
The current research emphasis on institutions as key determinants of economic performance has uncovered important … questions for further research. For example, if institutions are central to economic performance, then what explains observed … differences in performance across parts of one economy sharing similar institutions? This paper suggests that two broad aspects of …
Persistent link: https://www.econbiz.de/10005125647
Institutions either promote or constrain economic performance, but which parts of institutions advance or restrict … performance, and why do economies sharing similar institutions sometimes perform differently? This paper is a modest attempt at … superstructural effects of institutions on aggregate and average income across 84 U.S. Native American economies (USNAEs). It finds …
Persistent link: https://www.econbiz.de/10005125690