Showing 1 - 10 of 160
We propose a model in which economic relations and institutions in advanced and less developed economies differ as these societies have access to different amounts of information. This lack of information makes it hard to give the right incentives to managers and entrepreneurs. We argue that...
Persistent link: https://www.econbiz.de/10005772297
Many technologies used by the LDCs are developed in the OECD economies, and as such, are used to make optimal use of the skills of these richer countries' workforces. Due to differences in the supply of skills, some of tasks performed by skilled workers in the OECD economies will be carried out...
Persistent link: https://www.econbiz.de/10005648718
development, the share of financial intermediation carried out through market institutions should increase. …
Persistent link: https://www.econbiz.de/10005648754
We document that the nature of business cycles evolves over the process of development and structural change. In …
Persistent link: https://www.econbiz.de/10012863612
The Kangoye (2013, TDE) findings on the negative nexus between foreign aid unpredictability and governance could seriously affect debates in academic and policy making circles. Using the theoretical underpinnings of the celebrated Eubank (2012, JDS) literature, we first confirm Kangoye's...
Persistent link: https://www.econbiz.de/10011390868
Reconciling the two dominant development models of the Washington Consensus (WC) and Beijing Model (BM) remains a … critical challenge in the literature. The challenge is even more demanding when emerging development paradigms like the Liberal … institutional diversity matter in the development process. We synthesize perspectives from over 150 recently published papers on …
Persistent link: https://www.econbiz.de/10011390877
, business/bank, market-related, knowledge economy, external flows and human development. The empirical evidence is based on … development, especially in the contemporary specifications. Fourth, mobile banking is positively linked with: (i) trade in …) internet penetration and human development, with contemporary threshold evidence. The policy implications are articulated with …
Persistent link: https://www.econbiz.de/10011390940
Are there contemporary development effects of African resistance to European domination? This question is the primary … development and discuss possible channels of such causality. This relationship is robust to alternative model and to controlling …
Persistent link: https://www.econbiz.de/10011496363
This study complements existing literature on the aid-institutions nexus by focusing on political rights, aid volatilities and the post-Berlin Wall period. The findings show that while foreign aid does not have a significant effect on political rights, foreign aid volatilities do mitigate...
Persistent link: https://www.econbiz.de/10011496393
, business/bank, market-related, knowledge economy, external flows and human development. The empirical evidence is based on … development, especially in the contemporary specifications. Fourth, mobile banking is positively linked with: (i) trade in …) internet penetration and human development, with contemporary threshold evidence. The policy implications are articulated with …
Persistent link: https://www.econbiz.de/10011407897