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Whether pension reforms lead to an improvement in macroeconomic performance is a controversial question. Some countries, which have implemented reforms, claim better economic performance while in others a positive result has yet to be seen. This paper explores two aspects of this issue further:...
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global reserve holdings can even be welfare reducing for the world economy where financially constrained developing countries …
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Why do nations with heterogeneous economies, geographic positions and institutions agree to dispatch their troops to remote conflict areas? This paper explores the domestic and international determinants of countries' contribution to peacekeeping operations from 1999 to 2009. Individual nations...
Persistent link: https://www.econbiz.de/10003931466
This paper analyses the impact of bureaucratic corruption on fiscal policy outcomes for economies that have constituted to a greater or lessen extent independent central banks. The adverse implications of corruption on debt accumulation are verified using a cross-sectional setting of 77...
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