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Persistent link: https://www.econbiz.de/10003745101
Persistent link: https://www.econbiz.de/10011398955
Ethiopia has achieved sustained high growth for more than a decade. At the same time, the country has been facing … the appreciation of the dollar, thereby making Ethiopia's competitiveness and industrialization drive more difficult. In … analysis suggests that Ethiopia needs a more flexible exchange rate policy. A competitive or undervalued exchange rate is …
Persistent link: https://www.econbiz.de/10012051824
In the past 10 years, Ethiopia experienced high and consistent growth, invested in public goods provision to poor …
Persistent link: https://www.econbiz.de/10011843830
"An AIDS epidemic threatens Ethiopia with a long wave of premature adult mortality, and thus with an enduring setback … possible in view of Ethiopia's poverty and high background adult mortality, it does cause a permanent, downward displacement of …
Persistent link: https://www.econbiz.de/10003833419
"The authors use a sample of 147 countries to investigate the link between democracy and reforms. Democracy may be … economic institutions. The results provide robust support for the claim that democracy is good for growth-enhancing reforms …
Persistent link: https://www.econbiz.de/10003821004
provide evidence at the levels of individual countries and the world--helps explain why democracy advances in waves followed … to leap to a higher level of democracy when they are eventually overthrown …
Persistent link: https://www.econbiz.de/10013123698
Growth and democracy (subjective indexes of political freedom) are analyzed for a panel of about 100 countries from …, the overall effect of democracy on growth is weakly negative. There is a suggestion of a nonlinear relationship in which … democracy enhances growth at low levels of political freedom but depresses growth when a moderate level of freedom has already …
Persistent link: https://www.econbiz.de/10013124283
's global share of GDP means that liberal Asian nations will be poised to take up the role of promoting liberal democracy …
Persistent link: https://www.econbiz.de/10012760039
We explore the question of how political institutions and particularly democracy affect economic growth. Although … empirical evidence of a positive effect of democracy on economic performance in the aggregate is weak, we provide evidence that … democracy influences productivity growth in different sectors differently and that this differential effect may be one of the …
Persistent link: https://www.econbiz.de/10012760042