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capacity building, highlighting three important political ingredients: constitutive institutions, inclusive politics and …
Persistent link: https://www.econbiz.de/10012965070
Is there a minimum tax to GDP ratio associated with a significant acceleration in the process of growth and development? We give an empirical answer to this question by investigating the existence of a tipping point in tax-to-GDP levels. We use two separate databases: a novel contemporary...
Persistent link: https://www.econbiz.de/10012965069
Major output collapses are costly and frequent in the developing world. Using cross-country data, we classify five …-year periods using a two-dimensional state space based on growth regimes and political institutions. We then model the joint … evolution of output growth and political institutions as a finite state Markov chain, and study how countries move between …
Persistent link: https://www.econbiz.de/10014260077
Both sides of the institutions and growth debate have resorted largely to microeconometric techniques in testing … 10 years and find support for the institutions hypothesis. Controlling for individual fixed effects, I find that …
Persistent link: https://www.econbiz.de/10013015683
We document the evolution of poverty and inequality across Indian states during the recent period of rapid growth (2004-09), and examine the role of growth and distribution in reducing poverty. Robust economic growth has been a major driver of poverty reduction and inclusiveness in India. We...
Persistent link: https://www.econbiz.de/10013053957
We analyze the medium-term macroeconomic impact of the Covid-19 pandemic and associated lock-down measures on low-income countries. We focus on the impact over the medium-run of the degradation of health and human capital caused by the pandemic and its aftermath, exploring the trade-offs between...
Persistent link: https://www.econbiz.de/10013295135
A growing body of empirical evidence suggests that inequality-income or gender related-canimpede economic growth. Using dynamic panel regressions and new time series data, this paperfinds that both income and gender inequalities, including from legal gender-based restrictions, arejointly...
Persistent link: https://www.econbiz.de/10012977859
Since the onset of the Arab Spring, economic uncertainty in Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen (Arab Countries in Transition, ACTs) has slowed already sluggish growth; worsened unemployment, particularly of youth; undermined business confidence, affected tourist arrivals, and...
Persistent link: https://www.econbiz.de/10013048367
-macroeconomic and government stability, favorable business climate, and strong institutions-but important differences remain. EAC …
Persistent link: https://www.econbiz.de/10013096275
role of institutions, demography, infrastructure, the macroeconomic environment, output structure and trade structure. Two …
Persistent link: https://www.econbiz.de/10013083624