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threats, corruption, and other relevant controls. While growth falls with higher levels of military spending, given the values …
Persistent link: https://www.econbiz.de/10013233439
obstacles associated with corruption and weak institutions. We model these circumstances in a principal-agent framework with … economic corruption as an indicator of the strength of property right enforcement within a given country. We compare corruption … levels for a large cross section of countries in 1989 to subsequent FDI flows from 1990 to 1999. We find that corruption is …
Persistent link: https://www.econbiz.de/10013310209
the EU to developing countries. More specifically, we estimate the responsiveness of equity and bond markets in developing …
Persistent link: https://www.econbiz.de/10013091076
responsibility for the euro's future. Germany's resilience and dominant size within the EU may explain its "muddling …
Persistent link: https://www.econbiz.de/10013052139
spreads by about 45 basis points, on average, for EU countries. However, the association between credit rating changes and … now highly-sensitive GIIPS group and other European country groupings (EU and Euro Area excluding GIIPS, and the non-EU …
Persistent link: https://www.econbiz.de/10013080412