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Globalization and the (mis)governance of nations
Blouin, Arthur; Ghosal, Sayantan; Mukand, Sharun W. - 2012 - This vers.: December 2011
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 … "golden straitjacket". However, globalization may also "overdiscipline" governments - resulting in a perverse impact on …
Persistent link: https://www.econbiz.de/10009488923
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Growing together : Croatia and Latvia
Thorvaldur Gylfason; Hochreiter, Eduard - 2010
We compare and contrast the economic growth performance of Croatia and Latvia since the collapse of communism in 1991 in an attempt to understand better the extent to which the growth differential between the two countries can be traced to increased efficiency in the use of capital and other...
Persistent link: https://www.econbiz.de/10008697476
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Does public governance always matter? : how experience of poor institutional quality influences FDI to the South
Darby, Julia; Desbordes, Rodolphe; Wooton, Ian - 2010
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
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The international economics of natural resources and growth
Thorvaldur Gylfason (contributor) - 2007
Persistent link: https://www.econbiz.de/10003497703
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Corporate taxation and the impact of governance, political and economic factors
Gérard, Marcel; Ruiz, Fernando M. M. - 2009
In this paper we first use two international data sets to investigate how governance, political and economic factors influence corporate tax rates. We show that institutional and political factors matter: good governance reduces the tax rate; a parliamentary system, especially a plurality...
Persistent link: https://www.econbiz.de/10003923754
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Natural resource endowment : a mixed blessing?
Thorvaldur Gylfason - 2011
This paper deals with the implications of natural resources for the conduct of economic policies and the role and design of institutions in resource-rich countries. The paper briefly reviews the experience of a few resource-rich countries, highlighting the successes of those that have done well...
Persistent link: https://www.econbiz.de/10009010049
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Beyond the veil of ignorance : the influence of direct democracy on the shadow economy
Schneider, Friedrich; Teobaldelli, Désirée - 2012
In this paper we analyze the influence of direct democratic institutions on the size and development of the shadow economies. The framework developed predicts a negative relationship between the degree of direct democracy and the size of the shadow economy. Countries where direct democratic...
Persistent link: https://www.econbiz.de/10009503812
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Socio-political conflict and economic performance in Bolivia
Evia, José Luis (contributor); Laserna, Roberto (contributor) - 2008
Persistent link: https://www.econbiz.de/10003662243
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Decentralization and electoral accountability : incentives, separation, and voter welfare
Hindriks, Jean (contributor); Lockwood, Ben (contributor) - 2005
This paper studies the relationship between fiscal decentralization and electoral accountability, by analyzing how decentralization impacts upon incentive and selection effects, and thus on voter welfare. The model abstracts from features such as public good spillovers or economies of scale, so...
Persistent link: https://www.econbiz.de/10003113292
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Debt relief and good governance : new evidence
Freytag, Andreas; Pettersson, Jonatan; Schmied, Julian - 2017
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