Showing 1 - 9 of 9
institutions, such as budget, tax, and decentralization institutions; public institutions in charge of sectoral economic policies …
Persistent link: https://www.econbiz.de/10010895471
This paper presents theory and evidence on the relationship between inequality and institutional quality. We propose a model in which the two dynamically reinforce each other and set out to test this relationship with a broad array of institutional measures. We establish double causality between...
Persistent link: https://www.econbiz.de/10010943872
Poorer countries have a much smaller public sector and correspondingly a smaller tax burden than richer countries, yet, their economic performance has not been necessarily better. Using a simple model, this paper suggests that the growth and welfare effects of taxation are mediated through...
Persistent link: https://www.econbiz.de/10010944077
This paper studies the joint effect of economic and political inequalities on redistributive taxation and institutional quality. The theoretical model suggests that income inequality, coupled with political bias in favor of the rich, decreases redistribution and lowers institutional quality. The...
Persistent link: https://www.econbiz.de/10010674187
This book is motivated by the emerging rehabilitation of industrial policies as a tool for supporting economic transformation and high rates of growth in developing countries. It argues that underperforming disciples of the Washington Consensus' 'market fundamentalism' should learn and practice...
Persistent link: https://www.econbiz.de/10010772345
Competing in the world economy does not automatically boost a nation's productivity and restructure its economy. Such progress requires mobilizing capital, employment, technology and knowledge. Opportunities beyond the business realm must be fully exploited to the benfit of society as a whole....
Persistent link: https://www.econbiz.de/10010895466
Regional integration initiatives have long been part of the world economic landscape. In Latin America, integration flourished in the early post-war era but then lost momentum until the 1990s, when there was a new wave of initiatives ranging from free trade areas to customs unions. This Report...
Persistent link: https://www.econbiz.de/10010895473
(IDB) on the "Impact of Trade Liberalization Agreements on Latin America and the Caribbean." This second issue of papers … from the conference, No. 18, includes the following articles: Trade Liberalization and Employment in Developing Economies … of the Americas; Trade and Relative Wages: What Can We Learn from CGE Models?; Multilateral Trade Liberalization and …
Persistent link: https://www.econbiz.de/10010673059
This book analyzes the role of trade as a central pillar of the structural reform process and a bridge to capturing the dynamic development forces of an increasingly globalized world economy.
Persistent link: https://www.econbiz.de/10010772420