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and efficiency across society as a whole. Agency-cost theory recognizes that incentive conflicts and coordination problems … one sector of society at the expense of another. Each rationale sets different goals and assigns responsibiliy for …
Persistent link: https://www.econbiz.de/10012774887
This essay shows that government credit-allocation schemes generate incentive conflicts that undermine the quality of bank supervision and eventually produce banking crisis. For political reasons, most countries establish a regulatory culture that embraces three economically contradictory...
Persistent link: https://www.econbiz.de/10012772313
cultural heterogeneity, the world's geographical fragmentation by ethic and religious traits, at any given time. Finally, the …
Persistent link: https://www.econbiz.de/10013136354
Throughout the Western world, people's policy views are correlated across domains in a strikingly similar fashion. This …
Persistent link: https://www.econbiz.de/10013298488
have been cited as a contributing factor. To explore whether religion itself is associated with differences in sanitation …-representative data sets from India. Across all three data sets, the unconditional religion-specific gap in latrine ownership and latrine …. Further, the estimates do not show evidence of religion-specific differences in other sanitation practices, such as …
Persistent link: https://www.econbiz.de/10012228641
for about 11 percent of firms and are more prevalent in countries with better rule of law, gender equality, and stronger … related to gender equality, it is smaller where there isless emphasis on personal networks (better rule of law, lower trade …
Persistent link: https://www.econbiz.de/10012241361
countries of the world. Over the years, the G20 agenda has evolved to include pertinent issues for both developed countries and … action became permanent features of the G20 agenda. Tackling corruption was one of them. Corruption is being characterised as … an international problem requiring collective corrective action. The G20 established an Anti-Corruption Working Group as …
Persistent link: https://www.econbiz.de/10012308405
What sorts of conditions make some countries more prone to corruption than the others? This is an important question … for understanding how corruption arises and how to combat it. The present paper attempts to answer this question by … exploring the link between the size of the country and corruption. Economic theory suggests advantages and disadvantages of …
Persistent link: https://www.econbiz.de/10012051811
that emergency measures, in the times of economic and social fragility, may result in corruption. This paper investigates … the potential threats of corruption due to fiscal expansion during the pandemic and discusses recent evidence from G20 … members on the mechanisms in place to address corruption. More generally, using available secondary data, the paper compares …
Persistent link: https://www.econbiz.de/10013362300
Ideology, as proxied by a country's dominant religion, seems to be related to inequality. In Judeo-Christian societies …
Persistent link: https://www.econbiz.de/10010524072