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Despite the recent growth resurgence, Sub-Saharan Africa (SSA) remains the poorest region in the world. At the same time, it is a region that heavily relies on natural resources. In this paper we investigate the extent to which the second fact helps explain the first one. The distinctive feature...
Persistent link: https://www.econbiz.de/10010545922
context compared to the Chinese institutional context due to the polycentricity of institutions. The research implications of …
Persistent link: https://www.econbiz.de/10010552176
In this paper we use a comparative perspective to explore the ways in which institutions and networks have influenced …
Persistent link: https://www.econbiz.de/10005677437
, we show that a lack of financial institutions can lead to more corruption as more voters are part of the corrupt system … on political outcomes. Well-functioning financial institutions, in turn, increase the political support for anti …
Persistent link: https://www.econbiz.de/10005677470
institutions. The characteristics of officials’ clients explain most of the variation for bribery rates, but none for bribe amounts … rates and amounts. The results indicate that the bribery rate is higher at institutions with bribe-prone clients, and that … reduce corruption. Overall, the judiciary and the police are by far the most corrupt institutions. …
Persistent link: https://www.econbiz.de/10005677513
completely after we control for aggregate measures of economic development and quality of institutions. Informal institutions …
Persistent link: https://www.econbiz.de/10005677593
In this paper we explore the ways in which institutions and networks influence entrepreneurial development in Russia …
Persistent link: https://www.econbiz.de/10005677688
different political approaches to reform shape the ability of societies to build new institutions for economic upgrading. The …-private institutions via adherence to two key principles: a) inclusion of a wide variety of relevant stakeholder groups and b) rules of …
Persistent link: https://www.econbiz.de/10005677722
It is now stylized that, while the impact of ownership on firm productivity is unclear, product market competition can be expected to have a positive impact on productivity, thereby making entry (or contestability of markets) desirable. Traditional research in the context of entry has explored...
Persistent link: https://www.econbiz.de/10005677739
The number of firm bankruptcies is surprisingly low in economies with poor institutions. We study a model of bank …. We show that institutions must improve significantly in order to yield a stable equilibrium in which the optimal number … of firms is liquidated. There is also a range where improving institutions may decrease the number of bad firms …
Persistent link: https://www.econbiz.de/10005651481