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Growing Apart? A Tale of Two Republics: Estonia and Georgia
Gylfason, Thorvaldur; Hochreiter, Eduard - CESifo - 2007
of capital (extensive growth). We infer that advances in education at all levels, good governance, and institutional … marred by various problems related to weak governance in the public and private spheres. …
Persistent link: https://www.econbiz.de/10005406105
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The Politician and his Banker
Hainz, Christa; Hakenes, Hendrik - CESifo - 2007
Should the European Union grant state aid through an institution like the European Investment bank? This paper evaluates the efficiency of different measures for granting state aid. We use a theoretical model with firms that differ in their creditworthiness and compare different types of...
Persistent link: https://www.econbiz.de/10005416493
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Growing Together: Croatia and Latvia
Gylfason, Thorvaldur; Hochreiter, Eduard - CESifo - 2010
governance, and institutional reforms have played a significant role in raising economic output and efficiency in both Croatia …
Persistent link: https://www.econbiz.de/10008671692
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Natural Resource Endowment: A Mixed Blessing?
Gylfason, Thorvaldur - CESifo - 2011
good governance, including democracy. The paper then turns from anecdotal to econometric analysis by offering a quick …
Persistent link: https://www.econbiz.de/10008853863