Showing 1 - 10 of 97
Purpose - The study extends the debate on finance versus institutions in the promotion of investment documented by … finance and governance as substitutes in their impact on investment implies that good governance fuels private investment and … issues on the other hand. Originality/value - The paper extends the debate on the substitution of finance and institutions in …
Persistent link: https://www.econbiz.de/10011417473
This study complements existing literature by investigating how investment-driven finance affects inequality in Africa …
Persistent link: https://www.econbiz.de/10011417474
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This paper explores the impact of political and institutional variables on public investment. Working with a sample of 80 presidential and parliamentary democracies between 1975 and 2012, we find that the rate of growth of public investment is higher at the beginning of electoral cycles and...
Persistent link: https://www.econbiz.de/10011373913
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Achieving France's medium-term fiscal targets will require significant expenditure efforts. This paper identifies areas where there is scope for increasing expenditure efficiency, with a view to achieving higher quality and more sustainable fiscal consolidation. The methodology is based on a...
Persistent link: https://www.econbiz.de/10011436803
This paper provides an empirical analysis of how the frequency and severity of terrorism affect government revenue and expenditure during the period 1970-2013 using a panel dataset on 153 countries. We find that terrorism has only a marginal negative effect on tax revenue performance, after...
Persistent link: https://www.econbiz.de/10011408259
The policy debate has been shifting from the finance-growth nexus to the finance-inequality relationship. In the … challenge of putting some structure on recent advances in finance for more inclusiveness. The overarching question tackled in … advances in finance for inclusive development. The analytical approach consists of first, situating issues of exclusive growth …
Persistent link: https://www.econbiz.de/10011408920