Showing 1 - 10 of 10
This paper uses a panel of data from 22 countries between 1967 and 1992 to explore the trade-off between the `Holy Trinity' of fixed exchange rates, independent monetary policy, and capital mobility. I use: flexible- and sticky-price monetary exchange rate models to parameterize monetary...
Persistent link: https://www.econbiz.de/10005792404
This study is a comprehensive, empirical analysis of the linkages between governance, institutions, and regional … infrastructure. The empirical results indicate that governance and institutions are crucial for regional infrastructure development … : every one point improvement in governance results in a 1 to 1.5 point rise in regional infrastructure. Countries (and …
Persistent link: https://www.econbiz.de/10009363303
This paper seeks to explore the relationship between economic growth and governance performance in Asian developing …, the state of governance in Asia is not stellar by international comparison. Indeed, a majority of these countries seem to … suffer from a governance deficit. Second, contrary to our expectation, data do not suggest any strong positive link between …
Persistent link: https://www.econbiz.de/10009363600
The primary objective of this paper is to find whether or not the governance and institutions matter for enhancing … Asias trade. In this study, we have performed a comprehensive empirical analysis of the linkages between governance and … trade at the Asian subregional level. Our results indicate that all individual governance indicators except regulatory …
Persistent link: https://www.econbiz.de/10009365058
This paper deals with the issue of institutionalising a legal pacifistic international order. While Kant’s idea of perpetual peace serves as the point of departure, it is argued that in order to find a proper institutional arrangement one would have to look beyond the two notions found in...
Persistent link: https://www.econbiz.de/10005040502
In the literature on European and global governance there is a trend to conceptualize ‘public accountability’ as … accountability relations within governance networks has its merits the creeping re-conceptualization of ‘public accountability’ as an … of governance through public debate. This paper critically discusses the advance of managerial and administrative notions …
Persistent link: https://www.econbiz.de/10005040543
This Paper presents theory and evidence on the relationship between inequality and institutional quality. We exhibit a model in which the two dynamically reinforce each other and set to test this relationship with a broad array of institutional measures. We establish the double causality between...
Persistent link: https://www.econbiz.de/10005124033
order to examine this question, we designed a behavioral measure of the population’s desire for better governance. A … countries with better governance, especially return migrants. …
Persistent link: https://www.econbiz.de/10008854468
We provide a theoretical framework for understanding when an official angles for a bribe, when a client pays, and the payoffs to the client's decision. We test this framework using a new data set on bribery of Peruvian public officials by households. The theory predicts that bribery is more...
Persistent link: https://www.econbiz.de/10005114227
deal with poor governance. We find that these various aspects of market familiarity, which can interact together, are …
Persistent link: https://www.econbiz.de/10010896977