of capital (extensive growth). We infer that advances in education at all levels, good governance, and institutional … marred by various problems related to weak governance in the public and private spheres. …

: extended institutional and governance quality, democracy, voice and accountability, a well functioning system of law and order …

We analyze whether or not the globalization of capital, disciplines governments and improves governance. We demonstrate … that globalization affects governance, by increasing a country's vulnerability to sudden capital flight. This increased … threat of capital flight can discipline governments and improve governance and welfare by placing countries in a golden …

self-fulfilling multiple equilibria arise. I analyze the implications of this fragility for the governance of the Eurozone …. I conclude that the new governance structure (ESM) does not sufficiently recognize this fragility. Some of the features …

of capital (extensive growth). We infer that advances in education at all levels, good governance, and institutional … remains marred by various problems related to weak governance in the public and private spheres …