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This paper assesses the validity of the perception-based governance indicators used by the US Millennium Challenge Account (MCA) for aid allocation decisions. By conducting Explanatory and Confirmatory Factor Analysis of data from 1996 to 2009, we find that although the MCA purports to measure...
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Wagner’s law that ruins the sustainability of public finances in Germany. Our findings underline the importance of the German …: Fiscal sustainability and Wagner’s law of an increasing state activity. In this paper, we argue that these two relationships … should be analyzed simultaneously and not separately. We show how Wagner’s law might influence fiscal sustainability and how …
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Green start-ups play a vital role in the needed transition towards more environmentally sustainable economies. Yet our understanding of why some founders start green ventures and others do not remains incomplete. We build on the cognitive and decision-making perspectives on start-ups...
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the specific trade measures do not contradict efforts on sustainability in exporting countries. Against this background we …
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system are derived. The concrete application of these rules leads to recommendations for a policy of sustainability with …
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