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We analyze the influence of IMF and World Bank programs on political regime transitions. We develop an extended version of Acemoglu and Robinson's [American Economic Review 91, 2001] model of political transitions to show how the anticipation of new loans from in-ternational financial...
Persistent link: https://www.econbiz.de/10009630635
This paper studies empirically the effects of and the interactions amongst economic and political liberalizations. Economic liberalizations are measured by a widely used indicator that captures the scope of the market in the economy, and in particular of policies towards freer international...
Persistent link: https://www.econbiz.de/10011450308
Persistent link: https://www.econbiz.de/10003630516
political rights do better. Second, different forms of democratic government lead to different economic policies, and this might …
Persistent link: https://www.econbiz.de/10003301122
This paper focuses on the analysis of the long-run response of the Real Exchange Rate (RER) to political risks and tests whether non-economic variables have an impact on RER in 31 emerging and developing countries. We use annual data from the International Country Risk Guide database over the...
Persistent link: https://www.econbiz.de/10011955761
given to the re-emergence of the Asian giants, the People's Republic of China (PRC) and India. Both countries have attained …
Persistent link: https://www.econbiz.de/10011444894
This paper investigates the changing nature of economic integration in China. Specifically, we consider business … the symmetry of shocks. -- VAR model ; business cycle synchronization ; China ; reform …
Persistent link: https://www.econbiz.de/10009736755
This paper examines the progress of state-owned enterprise (SOE) reform in the People's Republic of China. After …
Persistent link: https://www.econbiz.de/10012026451
Persistent link: https://www.econbiz.de/10003496828
strongly after financial crises as government majorities shrink and polarization rises. After a crisis, voters seem to be …
Persistent link: https://www.econbiz.de/10011349087