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In order to explain the apparently paradoxical presence of acceptable governance in many non-democratic regimes …, economists and political scientists have focused mostly on institutions acting as de facto checks and balances. In this paper, we … propose that population plays a similar role in guaranteeing the quality of governance and redistribution. We argue and …
Persistent link: https://www.econbiz.de/10009363276
We construct an axiomatic index of spatial concentration around a center or capital point of interest, a concept with wide applicability from urban economics, economic geography and trade, to political economy and industrial organization. We propose basic axioms (decomposability and...
Persistent link: https://www.econbiz.de/10009363662
This paper provides a cradle-to-grave model for political union between two unequally endowed states. We introduce negotiated, contested, and time-consistent contested constitutions to address various classes of merger problems. Merger agreement is shown to be path dependent and, in some cases,...
Persistent link: https://www.econbiz.de/10009365360
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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
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The paper studies the post-Asian crisis investment performance of crisis affected countries in ASEAN. The empirical evidence clearly indicates that the ASEAN and East Asian countries are emerging from the Asian crisis with strong output growth. As expected, the output growth seems to be driven...
Persistent link: https://www.econbiz.de/10009363697
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