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On the Determinants and Effects of Political Influence
Chong, Alberto E.; Gradstein, Mark - Inter-American Development Bank - 2007
This paper uses a large cross-country survey of business firms to assess their influence on government policies. It is found that influence is associated with larger, government-owned firms that have a high degree of ownership concentration. In contrast, foreign ownership matters little. It is...
Persistent link: https://www.econbiz.de/10010944261
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Investment Climate and Employment Growth: The Impact of Access to Finance, Corruption and Regulations across Firms
Aterido, Reyes; Hallward-Driemeier, Mary; Pagés-Serra, … - Inter-American Development Bank - 2007
, business regulations, corruption, and to a lesser extent, infrastructure bottlenecks in explaining patterns of job creation at … firms. On the other hand, corruption and poor access to infrastructure reduce employment growth by affecting the growth of …
Persistent link: https://www.econbiz.de/10010943677
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Can Bottom-Up Institutional Reform Improve Service Delivery?
Molina, Ezequiel - Inter-American Development Bank - 2014
This article makes three contributions to the literature. First, it provides new evidence of the impact of community monitoring interventions using a unique dataset from the Citizen Visible Audit (CVA) program in Colombia. In particular, this article studies the effect of social audits on...
Persistent link: https://www.econbiz.de/10010943912
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Anticorruption Activities Trust Fund: Operational Guidelines
Inter-American Development Bank; Inter-American … - 2007
's borrowing member countries to prevent and control corruption, by supporting the design and implementation of policies …
Persistent link: https://www.econbiz.de/10010673631
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Does the Investment Climate Matter?: Microeconomic Foundations of Growth in Latin America
Gandelman, Néstor; Alaimo, Verónica; Olarreaga, Marcelo; … - Inter-American Development Bank
Although the Latin American region's growth rates are at a three decade high, they have been historically disappointing in relative terms, which cannot be dissociated from the microeconomic environment in which firms operate. Policy makers may need to complement their focus on macroeconomic...
Persistent link: https://www.econbiz.de/10010772386
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Privatization in Latin America: Myths and Reality
López-de-Silanes, Florencio; Serra, Pablo; Gertler, Paul; … - Inter-American Development Bank
, corporate governance, economic policy, finance, and anti-corruption efforts. This publication belongs to the Latin American …
Persistent link: https://www.econbiz.de/10010772531
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Corruption as a Self-Fulfilling Prophecy: Evidence from a Survey Experiment in Costa Rica
Gingerich, Daniel; Oliveros, Virginia; Corbacho, Ana; … - Inter-American Development Bank - 2015
An influential body of scholarship argues that corruption behaves as a selffulfilling prophecy. The idea of this work … is that levels of corruption emerge endogenously as a result of a society-wide coordination game in which ther individual … returns to corrupt behavior are a function of how disposed towards corruption the other members of society are perceived as …
Persistent link: https://www.econbiz.de/10011240387
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Empirical Determinants of Good Institutions: Do We Know Anything?
Straub, Stéphane - Inter-American Development Bank - 2000
Abundant empirical evidence links well-functioning institutions and good governance to better economic and social outcomes. It is thus an important challenge to determine which conjunction of factors produces better institutions. Along this line, the objective of this paper is twofold. First, it...
Persistent link: https://www.econbiz.de/10010943630
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The Roots of Banking Crises: The Macroeconomic Context
Gavin, Michael; Hausmann, Ricardo - Inter-American Development Bank - 1996
This paper discusses the ways in which macroeconomic developments can put stress on banks, and in extreme cases lead to banking crises. These macroeconomic causes of bank vulnerability and crisis have important implications for regulatory regimes, and for macroeconomic policy itself. Much of the...
Persistent link: https://www.econbiz.de/10010943669
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Debt Sustainability under Catastrophic Risk: The Case for Government Budget Insurance
Cavallo, Eduardo Alfredo; Valenzuela, Patricio; … - Inter-American Development Bank - 2007
Natural disasters are an important source of vulnerability in the Caribbean region. Despite being one of the more disaster-prone areas of the world, it has the lowest levels of insurance coverage. This paper examines the vulnerability of Belizes public finance to the occurrence of hurricanes and...
Persistent link: https://www.econbiz.de/10010943673