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independence is low, educational institutions do not furnish the right kind of labour force, legal institutions do not protect the … institutions restrict hiring/firing, State Bank of Pakistan (SBP) has not done its duty to contain the rising interest spread, and … constraints to growth in Pakistan. These are : (i) poor state of governance, (ii) poor state of institutions, and (iii) lack of …
Persistent link: https://www.econbiz.de/10009363661
This essay provides a game-theoretic, endogenous view of institutions, and then applies the idea to identify the …
Persistent link: https://www.econbiz.de/10011278162
This essay provides a game-theoretic, endogenous view of institutions, and then applies the idea to identify the …
Persistent link: https://www.econbiz.de/10011278220
highlighted in literature : institutions and geography. However, it remains controversial as to which of these two is the more … important. The Institutions school assigns primal importance to institutions, whereas the Geography school considers … their hypotheses. It concludes in favour of the Institutions hypothesis as the Geography school does not provide a …
Persistent link: https://www.econbiz.de/10009363568
While Mexico has potential to grow rapidly, its economic growth has remained low for the past three decades. There is no consensus on the country’s development path or on how to achieve specific goals. Since the policy debate remains ideological and lacks pragmatism, productive development...
Persistent link: https://www.econbiz.de/10008752785
The literature on aid effectiveness has focused more on recipient policies than the determinants of aid allocation yet a consistent result is that political allies obtain more aid from donors than non-allies. This paper shows that aid allocated to political allies is ineffective for growth,...
Persistent link: https://www.econbiz.de/10010653526
: culture; corruption; and institutions. The last offers the most convincing explanation for mediocre growth. Hence, to raise … corruption; and above all, focused and sustained development of functional capitalistic institutions. …
Persistent link: https://www.econbiz.de/10009363616
persistence over time; programs that depend on developing consensus; reforms to policies and institutions; and actions that demand …
Persistent link: https://www.econbiz.de/10010943499
Public-private collaboration in productive development policy in Costa Rica frequently takes the form of policy co-governance: an autonomous institution in charge of policy for a particular economic sector is created, with a board of directors comprising representatives from both the public and...
Persistent link: https://www.econbiz.de/10010943682
persistence over time; programs that depend on developing consensus; reforms to policies and institutions; and actions that demand …
Persistent link: https://www.econbiz.de/10010772430