Showing 1 - 10 of 499
Insurance market activity, both as a financial intermediary and a provider of risk transfer and indemnification, may contribute to economic growth by allowing different risks to be managed more efficiently and by mobilizing domestic savings. During the past decade, there has been faster growth...
Persistent link: https://www.econbiz.de/10012553917
The worldwide slowdown in growth after 1975 was a major negative fiscal shock. Slower growth lowers the present value of tax revenues and primary surpluses and thus makes a given level of debt more burdensome. Most countries failed to adjust to the negative fiscal consequences of the growth...
Persistent link: https://www.econbiz.de/10012559509
If one region of the world switches its research effort from dirty to clean technologies, will other regions follow To investigate this question, this paper builds a North-South model that combines insights from directed technological change and quality-ladder endogenous growth models with...
Persistent link: https://www.econbiz.de/10013545506
probability of being discouraged, while knowledge of mechanisms to report corruption and extent of social network increase it … institutional factors. Econometric results suggest that corruption reduces the supply of services, while voice mechanisms and …
Persistent link: https://www.econbiz.de/10012552279
control of corruption, rule of law, government effectiveness, regulatory quality, political stability, and voice and …'s even more widely-known aggregate index similarly reflects perceptions not only of corruption, as intended, but of the …
Persistent link: https://www.econbiz.de/10012552460
The Worldwide Governance Indicators, reporting estimates of six dimensions of governance for over 200 countries between 1996 and 2005, have become widely used among policymakers and academics. They have also attracted some explicit written criticisms. In this short paper the authors synthesize...
Persistent link: https://www.econbiz.de/10012552599
Governance is central to development outcomes in infrastructure, not least because corruption (a symptom of failed … - primarily at the sector level - to improve governance and reduce the development impact of corruption. The discussion covers …
Persistent link: https://www.econbiz.de/10012552778
This paper examines the conceptual and empirical basis of corruption and governance and concludes that decentralized … local governance is conducive to reduced corruption in the long run. This is because localization helps to break the … as a means to making government responsive and accountable to people can help reduce corruption and improve service …
Persistent link: https://www.econbiz.de/10012553648
) rule of law, and (6) control of corruption. They cover 209 countries and territories for 1996, 1998, 2000, 2002, and 2004 …
Persistent link: https://www.econbiz.de/10012554089
The authors examine the role of governance-measured by level of corruption and quality of bureaucracy-and ask how it …
Persistent link: https://www.econbiz.de/10012559601