Showing 1 - 10 of 435
This paper investigates whether the higher prevalence of South multinational enterprises (MNEs) in risky developing countries may be explained by the experience that they have acquired of poor institutional quality at home. We confirm the intuition provided by our analytical model by empirically...
Persistent link: https://www.econbiz.de/10008806616
Scholars, policymakers, aid donors, and aid recipients acknowledge the importance of good governance for development. This understanding has spurred an intense interest in more refined, nuanced, and policy-relevant indicators of governance. In this paper we review progress to date in the area of...
Persistent link: https://www.econbiz.de/10012552826
Since the introduction of the HIPC Initiative in the early 2000s, indebted LICs had to show a decent governance performance before their debts were forgiven. We discuss the hypothesis that during the follow-up, Multilateral Debt Relief Initiative (MDRI), the World Bank has refrained from this...
Persistent link: https://www.econbiz.de/10011611187
When trading, firms choose between different payment contracts. As shown theoretically in Schmidt-Eisenlohr (forthcoming), this allows firms in international trade to optimally trade-off differences in financing costs and enforcement across countries. This paper provides evidence from a large...
Persistent link: https://www.econbiz.de/10009773440
In many developing and middle-income countries, decentralization reforms are promoting changes in governance structures that are reshaping the relationship between local governments and citizens. The success of these decentralization reforms depends on the existence of sound public financial...
Persistent link: https://www.econbiz.de/10012552555
economies in the water industry in four countries (Brazil, Colombia, Moldova, and Vietnam) that differ substantially in economic … find evidence of economies of scale in Colombia, Moldova, and Vietnam, implying the existence of a natural monopoly. In … customer density in Moldova and Vietnam. The results of this study show that the cost structure of the water and wastewater …
Persistent link: https://www.econbiz.de/10012552588
The authors examine the effects of the introduction of Vietnam's health insurance (VHI) program on health outcomes … biases due to inappropriate specification of the outcome regression model. The authors' results suggest that Vietnam's health …
Persistent link: https://www.econbiz.de/10012554022
Using data on Chinese large-scale overseas investment and project contracts by sector, we analyze whether Chinese outward activity (COA) before the crisis worsened or alleviated the contractionary phases in developing countries. We find that, on average, COA did not increase vulnerability to the...
Persistent link: https://www.econbiz.de/10011420791
This paper studies the incentives that developing countries have to protect intellectual properties rights (IPR). On the one hand, free-riding on rich countries technology reduces their investment cost in R&D. On the other hand, firm that violates IPR cannot legally export in a country that...
Persistent link: https://www.econbiz.de/10009764430
This paper uses micro-data from the World Bank Investment Climate Surveys 2002-2006 to investigate how foreign ownership and access to external finance affect the likelihood of manufacturers in emerging markets to export and/or import. Applying propensity score matching to control for...
Persistent link: https://www.econbiz.de/10009772816