estimating panel regressions for a world and an OECD country sample. The empirical results suggest a positive correlation between …

World Bank projects and generally find that projects that are potentially politically motivated – such as those granted to … governments holding a non-permanent seat on the United Nations Security Council or an Executive Directorship at the World Bank … Council members with higher short-term debt, however, a negative quality rating is more likely. So we find evidence that World …

Economic theory has identified a number of channels through which openness to international financial flows could raise …

the role of the econometric specification. We present a simple theory of the economic and demographic transition where … individuals' education and fertility decisions depend on their life expectancy. The theory predicts that before the demographic …

"According to the "compensation theory", market forces should assure a complete compensation of the initial labour …