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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
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Beyond the veil of ignorance : the influence of direct democracy on the shadow economy
Schneider, Friedrich; Teobaldelli, Désirée - 2012
economies. The framework developed predicts a negative relationship between the degree of direct democracy and the size of the … quantitatively important; the results are robust and also depend on the interaction of direct democracy with other political …
Persistent link: https://www.econbiz.de/10009503812
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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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When is a state predatory?
Robinson, James A. - 1999
I argue that whether or not a state is predatory hinges on the relationship between development and the distribution of political power in society. Development is typically inconsistent with the preservation of the political status quo and this gives those who initially hold political power an...
Persistent link: https://www.econbiz.de/10009781676
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China and the World Bank : how contrasting development approaches affect the stability of African states
Gehring, Kai; Kaplan, Lennart; Wong, Melvin H. L. - 2019
China's development model challenges the approaches of traditional Western donors like the World Bank. We argue that both aim at stability, but differ in the norms propagated to achieve that. Using fixed effects and IV estimations, we analyze a broad range of subnational stability measures in...
Persistent link: https://www.econbiz.de/10012104086
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Chinese aid and democratic values in Latin America
Freytag, Andreas; Kautz, Miriam - 2022
that Chinese aid poses a challenge to conditional aid, thus weakening democracy promotion. This study aims to deepen our … Survey, we use an instrumental variable approach to test the effect of Chinese aid on attitudes toward democracy in 18 Latin … democracy. We also find that individuals who have a positive attitude towards China are more likely to value democracy. In …
Persistent link: https://www.econbiz.de/10013266063
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First impressions : how leader changes affect bilateral aid
Rommel, Tobias; Schaudt, Paul - 2016
We present a new mechanism to explain politically induced changes in bilateral aid. We argue that shifts in the foreign policy alignment between a donor and a recipient country arising from leadership changes induce reallocation of development aid. Utilizing data from the G7 and 133 developing...
Persistent link: https://www.econbiz.de/10011521976
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Food prices and political instability
Arezki, Rabah; Brückner, Markus - 2011
We examine the effects that variations in the international food prices have on democracy and intra-state conflict …
Persistent link: https://www.econbiz.de/10009261830
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Vote buying or (political) business (cycles) as usual?
Aidt, Toke; Asatryan, Zareh; Badalyan, Lusine; … - 2015
We study the short-run effect of elections on monetary aggregates in a sample of 85 low and middle income democracies (1975 - 2009). We find an increase in the growth rate of M1 during election months of about one tenth of a standard deviation. A similar effect can neither be detected in...
Persistent link: https://www.econbiz.de/10011342347
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Election-induced fiscal policy cycles in emerging market and developing economies
Haan, Jakob de; Ohnsorge, Franziska; Yu, Shu - 2023
The widening of fiscal deficits during democratic elections is well established. We examine a broader set of fiscal outcomes around elections for a large set of emerging and developing economies (EMDEs), probe for differences between democracies and non-democracies, and estimate the degree to...
Persistent link: https://www.econbiz.de/10014447806