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Managing and Harnessing Volatile Oil Windfalls
Van Den Bremer, Ton; van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 2012
and productivity growth is low. We apply our theory to the windfalls of Norway, Iraq and Ghana. The optimal size of Ghana …’s liquidity fund is tiny even with high prudence. Norway’s liquidity fund is bigger than Ghana’s. Iraq’s liquidity fund is … to invest. We illustrate how this can speed up the process of development in Ghana despite domestic absorption …
Persistent link: https://www.econbiz.de/10011084534
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Cross-border media and nationalism: Evidence from Serbian radio in Croatia
Della Vigna, Stefano; Enikolopov, Ruben; Mironova, Vera; … - C.E.P.R. Discussion Papers - 2012
Which factors stand in the way of cooperation between countries formerly at war? We examine the role of nationalistic content of a media outlet reaching citizens of a neighboring country. We consider radio signals travelling across borders in the region that witnessed one of Europe’s deadliest...
Persistent link: https://www.econbiz.de/10011084524
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When is capital enough to get female microenterprises growing? Evidence from a randomized experiment in Ghana
Fafchamps, Marcel; McKenzie, David J.; Quinn, Simon; … - C.E.P.R. Discussion Papers - 2011
randomly gave cash and in-kind grants to male- and female-owned microenterprises in urban Ghana. Our findings cast doubt on the …
Persistent link: https://www.econbiz.de/10009150951
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Customary Norms, Inheritance, and Human Capital: Evidence from a Reform of the Matrilineal System in Ghana
La Ferrara, Eliana; Milazzo, Annamaria - C.E.P.R. Discussion Papers - 2014
This paper studies the effects of descent rules on human capital accumulation. We exploit a policy experiment in Ghana …-landed households. This evidence is consistent with the fact that before the reform matrilineal groups in Ghana "over-invested" in …
Persistent link: https://www.econbiz.de/10011084314
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Services Trade and Policy
Francois, Joseph; Hoekman, Bernard - C.E.P.R. Discussion Papers - 2009
Since the mid-1980s a substantial body of research has taken shape on trade in services. Much of this is inspired by the WTO and regional trade agreements. However, an increasing number of papers focus on the impacts of unilateral services sector liberalization. The literature touches on...
Persistent link: https://www.econbiz.de/10008502579
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The Institutional Foundations of China’s Reforms and Development
Xu, Cheng-Gang - C.E.P.R. Discussion Papers - 2010
China’s economic reforms have resulted in spectacular growth and poverty reduction. However, China’s institutions look ill-suited to achieve such a result, and they indeed suffer from serious shortcomings. To solve "China puzzle" this paper analyses China’s institution - a regionally...
Persistent link: https://www.econbiz.de/10008468688
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Telecommunications Infrastructure And Economic Development: A Simultaneous Approach
Röller, Lars-Hendrik; Waverman, Leonard - C.E.P.R. Discussion Papers - 2000
This paper investigates how telecommunications infrastructure affects economic growth. This issue is important and has received considerable attention in the popular press concerning the creation of the 'information superhighway' and its potential impacts on the economy. We use evidence from 21...
Persistent link: https://www.econbiz.de/10005123589
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Institution Building and Growth in Transition Economies
Beck, Thorsten; Laeven, Luc - C.E.P.R. Discussion Papers - 2006
Drawing on the recent literature on economic institutions and the origins of economic development, we offer a political economy explanation of why institution building has varied so much across transition economies. We identify dependence on natural resources and the historical experience of...
Persistent link: https://www.econbiz.de/10005123823
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Social Attitudes and Economic Development: An Epidemiological Approach
Algan, Yann; Cahuc, Pierre - C.E.P.R. Discussion Papers - 2007
In this paper we develop a new empirical approach to uncovering the impact of social attitudes on economic development. We first show that trust of second-generation Americans is significantly influenced by the country of origin of their forebears. In the spirit of the epidemiology literature,...
Persistent link: https://www.econbiz.de/10005124005
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Economic Developments in the Balkan Countries and the Role of Greece: From Bilateral Relations to the Challenge of Integration
Christodoulakis, Nikos; Petrakos, George - C.E.P.R. Discussion Papers - 1997
Throughout the post-war period Greece has faced a unique, and unfavourable, situation consisting of: (i) a perimetric location away from major European markets; and (ii) distorted economic relations as its northern borders were designed to be real barriers to communication and trade with...
Persistent link: https://www.econbiz.de/10005124303