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Ten years after the crisis, Indonesia is still struggling to solve the problems in four major issues : economic stabilization and recovery, democratic transition and political reform, decentralization of political power, and the redefinition of national identity. This paper will explain the...
Persistent link: https://www.econbiz.de/10009363280
No society is devoid of institutions but many live with poor institutions. Institutions promote growth. This is a view … now held firmly and widely. The task then is to engineer growth-promoting institutions. Endogeneity characterises … institutions; for example, groups enjoying political power influence economic institutions, but political power itself is a …
Persistent link: https://www.econbiz.de/10009363719
firms, the disciplinary effect appeared in the later years as institutions become more market oriented. We also find limited … general, our results highlight the role of ownership structures and institutions in debt governance. …
Persistent link: https://www.econbiz.de/10009365427
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
financial integration is taking shape, suggesting the need to strengthen existing institutions that promote Asian regionalism … suggests the need to create new institutions in support of Asian regionalism and to adopt a broad perspective in moving towards …
Persistent link: https://www.econbiz.de/10009653139
financial integration is taking shape, suggesting the need to strengthen existing institutions that promote Asian regionalism … suggests the need to create new institutions in support of Asian regionalism and to adopt a broad perspective in moving towards …
Persistent link: https://www.econbiz.de/10009653167
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 … regions) with higher income, stronger institutions, better governance, and more open economies are likely to have higher …
Persistent link: https://www.econbiz.de/10009363303
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
This paper seeks to explore the relationship between economic growth and governance performance in Asian developing economies. This exploration yields some interesting conclusions. First, notwithstanding its tremendous economic achievements, the state of governance in Asia is not stellar by...
Persistent link: https://www.econbiz.de/10009363600