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the positive relationship between democracy and industrial diversification. … ask whether democracy also has a stabilizing effect on trend-volatility, i.e. whether more democratic countries experience … policies and financial development, we find that democracy is the most robust predictor of a country's propensity for growth …
Persistent link: https://www.econbiz.de/10005622063
of East Asian newly industrialized countries. It provides evidence that the lack of diversification, stemming from the …
Persistent link: https://www.econbiz.de/10011184600
The CEMAC’s countries are characterized by a weak diversification of their products and exports. Their economic … period. Besides, it is evident from the macro-econometrics modelling that the most explanatory factors of the diversification … concentration. …
Persistent link: https://www.econbiz.de/10005616566
principles of the theory of "developmental state." Implementing import substitution, we should seek to production diversification …
Persistent link: https://www.econbiz.de/10011108106
Η Εθνική Αποταμίευση κατά την περίοδο της εικοσαετίας 1990-2010 εμφανίζεται συνεχώς μειούμενη. Οι αιτίες αυτού του φαινομένου μπορούν να εντοπιστούν τόσο στα...
Persistent link: https://www.econbiz.de/10011115506
This paper aims to model theoretically the fundamental links between financial development, foreign direct investment and economic development. In particular, we show that the entry of foreign capital flows can support an endogenous economic growth path of the host country. Indeed, we give the...
Persistent link: https://www.econbiz.de/10011113046
We present an endogenous growth model with technological externalities emitted the presence of the foreign direct investments. We showed that the net positive impact on the growth of these investments may be if and only if the host country such as Morocco has reached a minimal level of human...
Persistent link: https://www.econbiz.de/10011114394
The paper aims to critically examine the problems of public debt in Italy under the criteria of the Maastricht Treaty and subsequent decisions by Europe in tax matters. On this issue, the paper shows Italy's efforts in the direction of the Maastricht criteria, but also highlights the problems to...
Persistent link: https://www.econbiz.de/10009647448
Using a simple production function approach I show that conventional factors and forces of production, national identity, and globalization are important to national well-being, but in varying ways. Whereas investment in capital and globalization, especially social globalization, affect national...
Persistent link: https://www.econbiz.de/10004961524
I estimate the effects of national symbols and globalization on the well-being of 88 countries. I find that conventional determinants of production affect national well-being, measured as human development index (HDI). The effects on HDI of national symbols like national flag colors are...
Persistent link: https://www.econbiz.de/10005000637