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of Friedrich Nietzsche, that ties poverty and inequality to unethical behavior of the strong toward the weak. The paper … contributes to an understanding of why poverty and inequality have remained entrenched in some societies in spite of repeated …
Persistent link: https://www.econbiz.de/10014400240
Persistent link: https://www.econbiz.de/10009423205
Recent studies on the relationship between financial development and poverty have been inconclusive. Some claim that …. Its results suggest that financial deepening could narrow income inequality and reduce poverty, and that stronger property …
Persistent link: https://www.econbiz.de/10014398602
This paper formalizes the role of legal infrastructure in economic development in a general equilibrium model with endogenously determined property rights enforcement. It illustrates the mutual importance of property rights protection and market production by the model’s multiplicity of...
Persistent link: https://www.econbiz.de/10014400855
this paper, we investigate whether higher productivity causally leads to lower tax evasion. We first present stylized facts … emerging and developing economies. Our results suggests that productivity improvements by firms can lead to lower tax evasion …
Persistent link: https://www.econbiz.de/10012154898
We study the relative efficiency of outside-owned versus employee-owned firms and analyze implications for institutional change in a context of technological innovation. When decisions are made through majority voting, the vote on technology choice is used to influence the later vote on the...
Persistent link: https://www.econbiz.de/10014402460
swamps remittances, this paper finds that remittances, which are a stable, private transfer, have a direct poverty mitigating … remittances, poverty and financial development. The paper posits that formalizing such flows can serve as an effective access …
Persistent link: https://www.econbiz.de/10014400356
Poverty has remained widespread in Mozambique, mostly on account of the prevalent war situation. This paper provides a …
Persistent link: https://www.econbiz.de/10014396526
productivity gains. Guided by theory, we provide evidence consistent with these effects operating through reallocations across … productivity, while import liberalization has ambiguous effects. Resource misallocation can either amplify, dampen or reverse the … firms in the presence of distortions: (i) Both export and import expansion increase average firm productivity, but the …
Persistent link: https://www.econbiz.de/10012301837
Economic adjustment and reform programs, including those supported by international financial institutions (IFIs), must cope with informational asymmetries and special interest politics. This presents a particularly serious issue when IFIs make structural economic reforms a condition for...
Persistent link: https://www.econbiz.de/10014400737