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On the Reversibility of Structural Reforms

Campos, Nauro F. - 2012

evidence showing that (a) FDI inflows reduce the likelihood of privatization reversals, (b) worsened terms of trade increase …

Persistent link: https://www.econbiz.de/10013106946

Financial Liberalization and Democracy : The Role of Reform Reversals

Campos, Nauro F. - 2009

The relationship between economic and political liberalization has received a great deal of attention lately, yet the possibility of a nonlinear relationship and the role of reversals remain largely neglected. Focusing on democratization and financial reform, this paper offers evidence for a...

Persistent link: https://www.econbiz.de/10013157255

Reform Redux : Measurement, Determinants and Reversals

Campos, Nauro F. - 2006

We construct objective measures of privatization, internal and external liberalization reform efforts, across countries … external liberalization and privatization, concentration of political power drives internal liberalization, and democracy … underpins all three. We find that FDI inflows reduce the probability of privatization reversals, labour strikes increase that of …

Persistent link: https://www.econbiz.de/10012780267

Crises, What Crises?

Campos, Nauro F.; Hsiao, Cheng; Nugent, Jeffrey B. - 2021

Recent research convincingly shows that crises beget reform. Although the consensus is that economic crises foster macroeconomic stabilization, it is silent on which types of crises cause which types of reform. Is it economic or political crises that are the most important drivers of structural...

Persistent link: https://www.econbiz.de/10013317524

Whither Corruption? A Quantitative Survey of the Literature on Corruption and Growth

Campos, Nauro F. - 2010

Does corruption grease or sand the wheels of economic growth? This paper uses meta-analysis techniques to systematically evaluate the evidence addressing this question. It uses a data set comprising 460 estimates of the effect of corruption on growth from 41 empirical studies. The main factors...

Persistent link: https://www.econbiz.de/10013135630

Corruption as a Barrier to Entry : Theory and Evidence

Campos, Nauro F. - 2010

Conventional wisdom depicts corruption as a tax on incumbent firms. This paper challenges this view in two ways. First, by arguing that corruption matters not so much because of the value of the bribe ("tax"), but because of another less studied feature of corruption, namely bribe...

Persistent link: https://www.econbiz.de/10013136941

Structural Reforms, Growth and Inequality : an Overview of Theory, Measurement and Evidence

Campos, Nauro F. - 2017

This chapter provides a critical overview of the state of the art in the economics literature on structural reforms. It takes stock of theoretical developments, measurement efforts and of the econometric evidence. We start with a simple theoretical framework for the relationship between...

Persistent link: https://www.econbiz.de/10012942092