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This paper argues that openness to goods trade in combination with an unequal distribution of political power has been … provision of schooling are typically lower in an open than in a closed economy. Moreover, we find that, under openness to trade …, development is faster in a democratic system. We also endogenize the trade regime and demonstrate that, in political equilibrium …
Persistent link: https://www.econbiz.de/10010261261
(China) and India - in trade, investments and infrastructure development can foster outward-oriented development and economic …
Persistent link: https://www.econbiz.de/10010261307