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The impact of financial openness on the size of utility-enhancing government
Erauskin, Iñaki - Institut für Weltwirtschaft (IfW) - 2013
This paper studies the impact of financial openness on the size of government, and other key economic variables, such … as the consumption-wealth ratio, the growth rate of wealth, and welfare, in a two-country world, based on a portfolio … sharing. The theoretical results for the growth rate depend on differences on productivities and consumption-wealth ratios …
Persistent link: https://www.econbiz.de/10010983184
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Chance of revolts and ability of oppressions: a comment on the Acemoglu-Robinson model
Saito, Tetsuya - Institut für Weltwirtschaft (IfW) - 2010
In the original framework of Professors Acemoglu and Robinson, the government is unable to oppress the revolution once it is brought about. However, actual civil wars are unpredictable. With this notion, I introduce uncertainty depending on military expenditures of the government. Then an...
Persistent link: https://www.econbiz.de/10008615596
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Release of the kraken: a novel money multiplier equation's debut in 21st century banking
Hanley, Brian P. - Institut für Weltwirtschaft (IfW) - 2011
Use of a promise to pay by a bank to insure an outstanding loan in order to return the value of the insured amount into capital for use in writing a new loan is an invention in banking with calculably greater potential economic impact than the original invention of reserve banking. The...
Persistent link: https://www.econbiz.de/10009004773
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EU Enlargement and Institutional Development: How Far Away Are the EU’s Balkan an Black Sea Neighbors?
Hammermann, Felix; Schweickert, Rainer - Institut für Weltwirtschaft (IfW) - 2005
Institutional development in new and potential member countries determines the success of both the catching-up of developing European countries and the deepening of the European integration process. This paper argues that the timing of future enlargement should depend on institutional...
Persistent link: https://www.econbiz.de/10010886914
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Why should sub-Saharan Africa care about the Doha development round?
Draper, Peter; Freytag, Andreas; Al Doyaili, Sarah - Institut für Weltwirtschaft (IfW) - 2012
In recent years sub-Saharan Africa, notwithstanding the global financial crisis, has increased its share in global trade and investment flows. This has led to an appreciable improvement in development levels, albeit off a small base. However, these patterns are still dominated by commodity flows...
Persistent link: https://www.econbiz.de/10010956038
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How close is your government to its people? Worldwide indicators on localization and decentralization
Ivanyna, Maksym; Shah, Anwar - Institut für Weltwirtschaft (IfW) - 2013
This paper is intended to provide an assessment of the impact of the silent revolution (decentralization reforms) of the last three decades on moving governments closer to people to establish fair, accountable, incorruptible and responsive governance. To accomplish this, a unique data set is...
Persistent link: https://www.econbiz.de/10010956049
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Human capital and the adoption of information and communications technologies: Evidence from investment climate survey of Pakistan
Mughal, Mazhar; Diawara, Barassou - Institut für Weltwirtschaft (IfW) - 2011
of accumulation and development of human capital in the productivity growth in the era of skill-biased technical change …
Persistent link: https://www.econbiz.de/10009223286
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The Democratic Transition. A study of the causality between income and the Gastil democracy index
Paldam, Martin; Gundlach, Erich - Institut für Weltwirtschaft (IfW) - 2008
The paper considers the transformation of the political system as countries pass through the Grand Transition from a poor developing country to a wealthy developed country. In the process most countries change from an authoritarian to a democratic political system. This is shown by using the...
Persistent link: https://www.econbiz.de/10005566175
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Why Economic Growth Trends Differ So Much Across Developing Countries. The Globalization Debate and Its Relevance to Pakistan
Nunnenkamp, Peter - Institut für Weltwirtschaft (IfW) - 2002
differs tremendously across developing countries. We discuss several factors such as capital accumulation, openness to trade … and foreign indebtedness which may explain the varying experience with globalization in regard to per capita income growth …
Persistent link: https://www.econbiz.de/10005755189
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Economic Policy, Institutional Development, and Income Growth: How Arab Countries Compare with Other Developing Countries
Nunnenkamp, Peter - Institut für Weltwirtschaft (IfW) - 2003
industrial countries. This paper discusses three possible explanations of the disappointing growth performance: (i) an … and (iii) more deeply rooted barriers to growth related to institutional deficiencies prevailing in various developing … growth performance of developing countries. For Arab countries as a group, institutional development is more advanced than …
Persistent link: https://www.econbiz.de/10005818870