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The need to absorb windfalls gains and manage them appropriately has been discussed extensively by academics and policy makers alike. We explore the role of the financial sector in intermediating these windfalls. Controlling for the level of financial development, inflation, GDP growth and...
Persistent link: https://www.econbiz.de/10012960101
The need to absorb windfalls gains and manage them appropriately has been discussed extensively by academics and policy makers alike. We explore the role of the financial sector in intermediating these windfalls. Controlling for the level of financial development, inflation, GDP growth and...
Persistent link: https://www.econbiz.de/10012961953
The need to absorb windfalls gains and manage them appropriately has been discussed extensively by academics and policy makers alike. We explore the role of the financial sector in intermediating these windfalls. Controlling for the level of financial development, inflation, GDP growth and...
Persistent link: https://www.econbiz.de/10012962698
The need to absorb windfalls gains and manage them appropriately has been discussed extensively by academics and policy makers alike. We explore the role of the financial sector in intermediating these windfalls. Controlling for the level of financial development, inflation, GDP growth and...
Persistent link: https://www.econbiz.de/10011615740
The need to absorb windfalls gains and manage them appropriately has been discussed extensively by academics and policy makers alike. We explore the role of the financial sector in intermediating these windfalls. Controlling for the level of financial development, inflation, GDP growth and...
Persistent link: https://www.econbiz.de/10011602734
Persistent link: https://www.econbiz.de/10011696127
Persistent link: https://www.econbiz.de/10011268304
The financial crisis has re-ignited the fierce debate about the merits of financial globalization and its implications for growth, especially for developing countries. The empirical literature has not been able to conclusively establish the presumed growth benefits of financial integration....
Persistent link: https://www.econbiz.de/10010269032
institutions, the social conflict, the legal origin and the culture and religion hypotheses …Legal institutions are critical for the development of market-based economies. This paper defines legal institutions … literature showing the importance of legal institutions in explaining cross-country variation in economic development. Finally …
Persistent link: https://www.econbiz.de/10014044762
Drawing on the recent literature on economic institutions and the origins of economic development, the authors offer a … systems, with negative repercussions for the development of market-compatible institutions. Using natural resource reliance … importance of institutions in explaining the variation in economic development and growth across transition economies during the …
Persistent link: https://www.econbiz.de/10014063770