Showing 1 - 10 of 16
evidences indicating its dynamic character and its instrumental role in ameliorating unemployment and propelling the developing … into the diverse aspects of the ‘multidimensional’ informal sector, its role in the context of unemployment, child labour …
Persistent link: https://www.econbiz.de/10011259973
The structure of a national economy is generally correlated with the stage of economic development. In economic history, it was demonstrated a trend from a first stage when agriculture predominated to last stage when the sector of services is the largest. In this context, the complex...
Persistent link: https://www.econbiz.de/10008636501
The paper discusses report of The Spellings Commission for Future of Higher Education that was set up to look into the issues facing the higher education system in the U.S., outline the challenges and offer recommendations to tackle the problems. Most importantly, The Spellings Commission Report...
Persistent link: https://www.econbiz.de/10008596361
institutional factors. It is not surprising therefore that the alteration of formal institutions (e.g. laws, measures, policies etc ….) is a hot topic nowadays. But it is important to note that the efficiency of formal institutions is based on informal ones …
Persistent link: https://www.econbiz.de/10011260982
We claim that a sequential mechanism linking history to development exists: first, history defines the quality of social capital; then, social capital determines the level of corruption; finally, corruption affects economic performance. We test this hypothesis on a dataset of Italian provinces,...
Persistent link: https://www.econbiz.de/10010641421
entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity …
Persistent link: https://www.econbiz.de/10005765922
This paper tries to answer the question of what should be the main focuses to improve the poverty situation in Sub-Saharan Africa, through a liberal perspective, by decomposing the economic development in the region into several principal constituents on the domestic level. Emphasis is made on...
Persistent link: https://www.econbiz.de/10008530723
Institutions are important for proper economic performance, but are replaceable by trust or other social norms. We show … that when proper institutions and trust are missing, integrity of the individuals can replace them. We construct a model of … a transactions-based economy with contracts preceding the transactions, and show that any one of (1) institutions, (2 …
Persistent link: https://www.econbiz.de/10005013043
This paper argues that openness to goods trade in combination with an unequal distribution of political power has been a major determinant of the comparatively slow development of resource- or land-abundant regions like South America and the Caribbean in the nineteenth century. We develop a...
Persistent link: https://www.econbiz.de/10005094384
instruments: the literacy rate at the end of the XIXth century, and the political institutions in place over the past several … and with available measures of institutions in a cross-country setting. …
Persistent link: https://www.econbiz.de/10005406158