assess government performance using measures of government intervention, public sector efficiency, public good provision, and … socialist laws, or have high proportions of Catholics or Muslims exhibit inferior government performance. We also find that the … government performance across countries sheds light on the economic, political, and cultural theories of institutions. …

In this paper, we investigate a neglected aspect of financial systems of many countries around the world; government … ownership of banks. We assemble data which establish four findings. First, government ownership of banks is large and pervasive …, government ownership of banks is associated with slower subsequent financial development. Finally, government ownership of banks …

economy : the trasition of government from a communist state to an institution supporting a market economy is as critical. …