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-level per capita income and poverty rates. I define the quality of the judiciary in terms of: (i) its speed in deciding trials …, such as agricultural production, private sector development, capital formation, poverty rates, public security and … the agricultural and private services sector, the poverty rate, the transportation infrastructure density, the rental …
Persistent link: https://www.econbiz.de/10005412513
This paper is one of two working papers concerning the waste management sector transition project run from MERIT under the direction of René Kemp. This paper examines some of the numerous meanings and interpretations associated with the words “institution” and “institutions” and the...
Persistent link: https://www.econbiz.de/10005118890
In a simple theoretical framework, the quality of institutions affects individual’s investment decisions, and hence income levels and distribution. When institutions deteriorates and inequalities increase, the incumbent undertakes redistributive taxation to maintain political support. The...
Persistent link: https://www.econbiz.de/10005412490