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How i learned to stop worrying and love the crisis
Fidrmuc, Jan; Tichit, Ariane - 2012
We investigate the effects of economic crises on the subsequent economic performance, economic reform, democratization and institutional change. Our analysis is based on a sample of post-communist countries, most of which experienced severe economic crises during the 1990s. We find that the...
Persistent link: https://www.econbiz.de/10010280828
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Reform, uncertainty and spillovers: A gravity model approach
Fidrmuc, Jan; Karaja, Elira; Tichit, Ariane - 2012
Reforms often occur in waves, seemingly cascading from country to country. We argue that such reform waves may be driven by informational spillovers: uncertainty about the outcome of reform is reduced by learning from the experience of similar countries. We motivate this hypothesis with a simple...
Persistent link: https://www.econbiz.de/10010281046
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Priority Roads: The Political Economy of Africa's Interior-to-Coast Roads
Bonfatti, Roberto; Gu, Yuan; Poelhekke, Steven - 2019
networks expanded in a less interior-to-coast way in periods of democracy. This result suggests that Africa’s interior …
Persistent link: https://www.econbiz.de/10012018169
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Buying Votes and International Organizations: The Dirty Work-Hypothesis
Dreher, Axel; Lang, Valentin F.; Rosendorff, B. Peter; … - 2018
countries’ votes in the United Nations Security Council (UNSC). Introducing new data on voting behavior in the UNSC over the … 1960-2015 period, our results show that states allied with the US receive more bilateral aid when voting in line with the …
Persistent link: https://www.econbiz.de/10011932079
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Politics and IMF Conditionality
Dreher, Axel; Sturm, Jan-Egbert; Vreeland, James Raymond - 2013
Bailouts sponsored by the International Monetary Fund (IMF) are famous for their conditionality: in return for continued installments of desperately needed loans, governments must comply with austere policy changes. Many have suggested, however, that politically important countries face rather...
Persistent link: https://www.econbiz.de/10010317031
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Democracy and Growth: Evidence of a New Measurement
Gründler, Klaus; Krieger, Tommy - 2015
We present a novel approach for measuring democracy based on Support Vector Machines, a mathematical algorithm for … pattern recognition. The Support Vector Machines Democracy Index (SVMDI) is continuously on the 0-1-interval and enables a … very detailed measurement of democracy for 188 countries between 1981 and 2011. Application of the SVMDI highlights a …
Persistent link: https://www.econbiz.de/10011431182
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Economic Freedom and Religion: An Empirical Investigation
Hillman, Arye L.; Potrafke, Niklas - 2016
There has been much study of the consequences of economic freedom but, outside of the role of political institutions, there has been little study of the determinants of economic freedom. We investigate whether religion affects economic freedom. Our cross-sectional dataset includes 137 countries...
Persistent link: https://www.econbiz.de/10011522517
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Economic and political liberalizations
Giavazzi, Francesco; Tabellini, Guido - 2004
liberalizations correspond to the event of becoming a democracy. Using a difference-indifference estimation, we ask what are the …
Persistent link: https://www.econbiz.de/10010261237
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The role of the state in economic development
Tabellini, Guido - 2004
This paper discusses the recent literature on the role of the state in economic development. It concludes that government incentives to enact sound policies are key to economic success. It also discusses the evidence on what happens after episodes of economic and political liberalizations,...
Persistent link: https://www.econbiz.de/10010261242
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New Forms of Democracy
Gersbach, Hans - 2022
difficulties of particular democracies to function properly confront democracy with a new series of challenges and opportunities … democracy. We survey a long period in the quest for such new forms and point to next inventions for such forms. We suggest to … experiment with new ways for democracy to extend the choice of democratic processes that can be implemented in real …
Persistent link: https://www.econbiz.de/10014290044