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Structural Reforms and Regional Convergence
Spilimbergo, Antonio - 2012
Which structural reforms affect the speed the regional convergence within a country? We found that domestic financial development, trade/current account openness, better institutional infrastructure, and selected labor market reforms facilitate regional convergence. However, these reforms have...
Persistent link: https://www.econbiz.de/10014396616
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Structural reforms and regional convergence
Spilimbergo, Antonio; Che, Natasha Xingyuan - 2012
Persistent link: https://www.econbiz.de/10009615304
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Confidence as a driver of private investment in selected countries of Central America
Janada, Carlos Alfredo; Teodoru, Iulia Ruxandra - 2020
This paper argues that structural weaknesses may make private investment particularly sensitive to business confidence … relative to other traditional investment drivers and global shocks. It gauges the importance of confidence over recent years in …, including a set of investment drivers (interest rates, unit labor costs, and confidence) is analyzed. The findings suggest that …
Persistent link: https://www.econbiz.de/10012485965
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Introducing a new broad-based index of financial development
Svirydzenka, Katsiaryna - 2016
There is a vast body of literature estimating the impact of financial development on economic growth, inequality, and economic stability. A typical empirical study approximates financial development with either one of two measures of financial depth - the ratio of private credit to GDP or stock...
Persistent link: https://www.econbiz.de/10011436807
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A governance dividend for Sub-Saharan Africa?
Hammadi, Amine; Mills, Marshall; Souza Sobrinho, Nelson … - 2019
Countries in Sub-Saharan Africa (SSA) tend to lag those in most other regions in terms of governance and perceptions of corruption. Weak governance undermines economic performance through various channels, including deficiencies in government functions and distortions to economic incentives. It...
Persistent link: https://www.econbiz.de/10012001456
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State institutions and tax capacity : an empirical investigation of causality
Akanbi, Olusegun A. - 2019
Would better state institutions increase tax collection, or would higher tax collection help improve state institutions? In the absence of conclusive guidance from theory, this paper searches for an empirical answer to this question, using a panel dataset covering 110 non-resource-rich countries...
Persistent link: https://www.econbiz.de/10012103602
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Energy subsidies and public social spending : theory and evidence
Ebeke, Christian; Ngouana, Constant Lonkeng - 2015
Persistent link: https://www.econbiz.de/10011281189
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Fiscal decentralization and the efficiency of public service delivery
Sow, Moussé Ndoye; Razafimahefa, Ivohasina Fizara - 2015
Persistent link: https://www.econbiz.de/10011281949
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Structural reform and growth : what really matters? : evidence from the Caribbean
Greenidge, Kevin C. D.; McIntyre, Meredith A.; Yun, Hanlei - 2016
Since the 1980's with the introduction of IMF/WB adjustment programs structural reforms have been a core part of the reform agenda in the Caribbean. The paper reviewed the package of structural reforms in trade liberalization, financial liberalization and tax policy, and gauges their impact on...
Persistent link: https://www.econbiz.de/10011705666
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Inclusive growth, institutions, and the underground economy
Singh, Anoop; Jain Chandra, Sonali; Mohommad, Adil - 2012
Persistent link: https://www.econbiz.de/10009572533