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growth. Three factors appear to drive the more positive effect of privatization to foreign than domestic owners. Domestic …
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economic institutions. The results provide robust support for the claim that democracy is good for growth-enhancing reforms …"The authors use a sample of 147 countries to investigate the link between democracy and reforms. Democracy may be … conducive to reforms, because politicians have the incentive to embrace growth-enhancing reforms to win elections. By contrast …
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Expectations of future socioeconomic mobility are an important determinant of current policy preferences. But how may these expectations be formed? Using Life in Transition survey data for a large set of transition economies and several Western European countries, this paper examines the link...
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