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"Regulation is purportedly enacted to serve specific social purposes. In reality, however, it follows a more complex political economy process, where legitimate social goals are mixed with the objectives of particular interest groups. Whatever its justification and objectives, regulation can...
Persistent link: https://www.econbiz.de/10010522729
through laissez-faire market mechanisms, and a government needs to establish nonmarket institutions to implement the strategy …
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 … examine the effect of aid on economic institutions and find that aid has neither a positive nor a negative impact on existing … measures of economic institutions. They find the results using pooled data for non-overlapping five-year periods, confirmed by …
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 institutions and that higher inequality leads to worse institutions. Recent …
Persistent link: https://www.econbiz.de/10010522224
Knowledge and Institutions: linking modern and indigenous institutions for sustainable development and enhancing local community … access to markets, government agencies, financial institutions, university based research centers and international …
Persistent link: https://www.econbiz.de/10012555873
"An AIDS epidemic threatens Ethiopia with a long wave of premature adult mortality, and thus with an enduring setback to capital formation and economic growth. The authors develop a two-sector model with three overlapping generations and intersectorally mobile labor, in which young adults...
Persistent link: https://www.econbiz.de/10011394213
"The authors propose a "bottom up" approach to link public investment programs with a class of macro models recently developed to quantify Strategy Papers for Human Development (SPAHD) in low-income countries. The methodology involves establishing constant-price projections of investment outlays...
Persistent link: https://www.econbiz.de/10010522118
Policymakers in developing countries face multiple challenges related to climate change. To provide policymakers with reliable recommendations on a variety of climate related policies, the WBG has a diverse and complementary set of models. The analytics range from evaluating the aggregate,...
Persistent link: https://www.econbiz.de/10013255366
This note assesses recent macroeconomic developments in Belarus and presents a medium-term economic outlook for 2013-2016 in three scenarios. These scenarios are sensitive to underlying assumptions and are provided to illustrate the main macroeconomic policy choices, available to Belarus. The...
Persistent link: https://www.econbiz.de/10012248394