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"This paper explores endogenous institution formation under a catching-up strategy in developing countries. Since the catching-up strategy is normally against the compartive advantages of the developing countries, it can not be implemented through laissez-faire market mechanisms, and a...
Persistent link: https://www.econbiz.de/10010520965
institutions directly. In theory, these effects may or may not work in the same direction as those on investment. The authors …
Persistent link: https://www.econbiz.de/10010522072
"The authors analyze the relationship between international trade and the quality of economic institutions such as contract enforcement, rule of law, or property rights. The literature on institutions has argued, both empirically and theoretically, that larger firms care less about good...
Persistent link: https://www.econbiz.de/10010522224
In recent years, many international development agencies and non-government organizations have renewed their efforts to provide and promote indigenous knowledge orientation in development planning and practice. These efforts emphasize local knowledge systems and practices as valuable resources...
Persistent link: https://www.econbiz.de/10012555873
By 2025, six major emerging economies--Brazil, China, India, Indonesia, South Korea, and Russia--will account for more than half of all global growth, and the international monetary system will no longer be dominated by a single currency. As economic power shifts, these successful economies will...
Persistent link: https://www.econbiz.de/10011393643
Persistent link: https://www.econbiz.de/10010525912
Persistent link: https://www.econbiz.de/10011394056
"Institutions are a major field of interest in the study of development processes. The authors contribute to this discussion concentrating our research on political institutions and their effect on the non-income dimensions of human development. First, they elaborate a theoretical argument why...
Persistent link: https://www.econbiz.de/10011394112
Persistent link: https://www.econbiz.de/10010521471
equalization transfers are carried out and the predictions based on the theory are compared with observed experiences in major … for predicting potential impacts. The paper concludes, both in theory and practice, that the case for independent grants …
Persistent link: https://www.econbiz.de/10010522415