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the positive relationship between democracy and industrial diversification. … ask whether democracy also has a stabilizing effect on trend-volatility, i.e. whether more democratic countries experience … policies and financial development, we find that democracy is the most robust predictor of a country's propensity for growth …
Persistent link: https://www.econbiz.de/10005622063
-rich Arab world to achieve sustained growth, the Arab spring should not only bring democracy, as badly needed as it is, but …
Persistent link: https://www.econbiz.de/10010774230
of East Asian newly industrialized countries. It provides evidence that the lack of diversification, stemming from the …
Persistent link: https://www.econbiz.de/10011184600
different from other oil-rich countries. In five main ways, all of which suggest the need for economic diversification as an …
Persistent link: https://www.econbiz.de/10011093976
The CEMAC’s countries are characterized by a weak diversification of their products and exports. Their economic … period. Besides, it is evident from the macro-econometrics modelling that the most explanatory factors of the diversification … concentration. …
Persistent link: https://www.econbiz.de/10005616566
Does diversification of an economy improve the chances of democracy? This paper estimates the effect of export … diversification on democracy levels, using data from 143 countries. The endogeneity of diversification is addressed by using … diversification has a significant, positive effect on levels of democracy. This suggests that less concentrated economic power in a …
Persistent link: https://www.econbiz.de/10010950533
The Varieties of Capitalism literature has drawn little attention to industrial renewal and diversification, while the … related diversification literature has neglected the institutional dimension of industrial change. Bringing together both … literatures, the paper proposes that institutions have an impact on the direction of the diversification process, in particular on …
Persistent link: https://www.econbiz.de/10010942927
The Varieties of Capitalism literature has drawn little attention to industrial renewal and diversification, while the … related diversification literature has neglected the institutional dimension of industrial change. Bringing together both … literatures, the paper proposes that institutions have an impact on the direction of the diversification process, in particular on …
Persistent link: https://www.econbiz.de/10011251901
principles of the theory of "developmental state." Implementing import substitution, we should seek to production diversification …
Persistent link: https://www.econbiz.de/10011108106
There has been a resurgence in the interest of examining the correlation between financial intermediaries and services and long-run growth. An analysis is done to review and interpret empirical proof gathered concerning this issue. The study is premised on the fact that this issue is centred on...
Persistent link: https://www.econbiz.de/10010854337