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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
: 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
Persistent link: https://www.econbiz.de/10009363683
This paper reviews and highlights lessons from the stabilisation and reform programme that Thailand, Malaysia and Korea implemented in response to the 1997 crisis. The three countries rapid recovery from a deep economic downturn in 1998 and their reduced vulnerability to balance of payments...
Persistent link: https://www.econbiz.de/10009363686