This paper studies the effects of financial liberalization and banking crises on growth. It shows that financial … liberalization spurs on average economic growth. Banking crises are harmful for growth, but to a lesser extent in countries with open … affects growth directly. The empirical analysis is performed through GMM dynamic panel data estimations on a panel of 90 …

's growth performance has been inferior to that of other industrialized countries is at odds with the facts. Since Sweden has … large public sector and comprehensive redistributive policies, could be growth impeding. Moreover, Korpi maintains that the … wrong regarding Sweden's relative growth performance. Available data indicate that Sweden was lagging behind during the 1970 …

Entrepreneurship is largely ignored or treated in a highly simplified way in endogenous growth theory. Still, it is now … widely recognized that the supply of entrepreneurial talent is likely to be important for economic growth, innovation and job … aggregate economic performance and data on firm growth and direct measures of entrepreneurial activity are consistent with the …

The growth effects of international financial liberalization and integration are investigated using the methodology and … not experience higher growth in value added in countries with liberalized financial markets. Liberalization does, however …, increase the growth rates of both production and firm creation among externally dependent industries - given that countries …

natural resources on economic growth is non-monotonic in institutional quality. Mineral rich countries are cursed only if they … ; property rights ; institutions ; economic growth ; development …