Showing 1 - 10 of 107
typically raise less revenue from domestic taxation, and that this creates governance problems because the lower domestic tax … that it is invariant to governance indicators. …
Persistent link: https://www.econbiz.de/10005825627
is long overdue, and leaving this unaddressed raises serious questions regarding the IMF's governance which could develop …
Persistent link: https://www.econbiz.de/10005825790
This paper provides empirical evidence that the quality of regulatory governance-governance practices adopted by … system soundness and regulatory governance, based on country data collected from the Financial Sector Assessment Program … (FSAP). Regression results indicate that regulatory governance has a significant influence on financial system soundness …
Persistent link: https://www.econbiz.de/10005825836
This paper evaluates Namibia's competitiveness using several traditional indicators; it concludes that, while the real effective exchange rate (REER) is in equilibrium at present?suggesting no imminent need for concern?the country may wish to improve its competitiveness by increasing educational...
Persistent link: https://www.econbiz.de/10005825853
Designing appropriate governance structures for an international financial institution such as the IMF is difficult …
Persistent link: https://www.econbiz.de/10005825916
This paper investigates the relationship between ownership concentration and enterprise performance in Ukraine. Using data on 376 medium and large enterprises, it finds that ownership concentration is positively associated with enterprise performance in Ukraine. The paper also finds that...
Persistent link: https://www.econbiz.de/10005826048
This paper presents an update of the Grilli-Masciandaro-Tabellini (GMT) index of central bank (CB) autonomy, based on CB legislation as of end-2003. The index is applied to a set of OECD and developing countries, and emerging market economies. For a smaller set of countries, the paper presents a...
Persistent link: https://www.econbiz.de/10005826057
This paper analyzes Zimbabwe's export performance in recent years and identifies the factors that could improve export performance, from both a quantitative and qualitative perspective. Improving export performance is critical to a turnaround in Zimbabwe's economic situation. The growth rate of...
Persistent link: https://www.econbiz.de/10005826121
weaknesses in governance. We present a simple dynamic model where weak governing institutions allow the rich to be more effective … strength of governance. …
Persistent link: https://www.econbiz.de/10005826262
The Soviet ruling elite, the nomenklatura, used both cooption and political repression to encourage loyalty to the communist regime. Loyalty was critical both in defusing internal opposition to the rule of the nomenklatura and in either deterring or defeating foreign enemies of the Soviet Union....
Persistent link: https://www.econbiz.de/10005826277