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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/10009488896

Shadow economies and corruption all over the world : what do we really know?

Schneider, Friedrich (contributor) - 2006

Persistent link: https://www.econbiz.de/10003377261

Institutional framework and poverty : a transition economy perspective

Ahsan, Syed M. - 2001

This paper focuses on the role of institutions in poverty alleviation, where both poverty and institutions are interpreted broadly. The broadening of the poverty notion is important at least from the policy perspective. Even if one were convinced that higher growth would reduce income poverty to...

Persistent link: https://www.econbiz.de/10011400868

The unfinished business of state-owned enterprise reform in the People's Republic of China

Holz, Carsten A. - 2019

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

The changing patterns of investment in the PRC economy

Holz, Carsten A. - 2017

The investment-intensive growth model of the People's Republic of China (PRC) is often viewed as state-driven and …

Persistent link: https://www.econbiz.de/10011657882

China's investment rate : implications and prospects

Holz, Carsten A. - 2017

For the past nearly forty years, China has experienced average annual real GDP growth of close to ten percent, much of … expenditures. This paper documents the role of investment in driving economic growth in China, questions how much longer China can … reduction in investment. It also notes that investment in China remains broad-based across all economic sectors, with little …

Persistent link: https://www.econbiz.de/10011659322

Is finance good for growth? : new evidence from China

Chen, Jingzhu; Ji, Yuemei - 2022

We study the relationship between finance and growth using a sample of 275 Chinese cities during 2009-2018. We exclude a large amount of bank loans to local governments through the local government financing vehicles (LGFVs). This allows us to construct a new and better financial development...

Persistent link: https://www.econbiz.de/10013337564

Corruption in Russia : historic legacy and systemic nature

Schulze, Günther G.; Zakharov, Nikita - 2018

This paper argues that corruption in Russia is systemic in nature. Low wage levels of public officials provide strong incentives to engage in corruption. As corruption is illegal, corrupt officials can be exposed any time, which enforces loyalty towards the powers that be; thus corruption is a...

Persistent link: https://www.econbiz.de/10011789215

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/10009503832

Institutions and economic growth in historical perspective : part 2

Ogilvie, Sheilagh C.; Carus, A. W. - 2014

This is Part 2 of a two-part paper which surveys the historical evidence on the role of institutions in economic growth. The paper provides a critical scrutiny of a number of stylized facts widely accepted in the growth literature. It shows that private-order institutions have not historically...

Persistent link: https://www.econbiz.de/10010371915

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