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also the practical experience over the past 15 years demonstrates that faster economic growth, and hence also more broadly … growth. Another indispensable component is an appropriately designed and implemented economic policy which must not confuse …
Persistent link: https://www.econbiz.de/10010284550
This research paper discusses the role of institutions in the rapid growth and successful international integration of … institutions whose existence was crucial, the paper looks both at the political institutions that managed conflicts and promoted … cooperation between private and public actors and the economic institutions that, on the one hand, compensated the groups that …
Persistent link: https://www.econbiz.de/10010284737
competitiveness or in growth in terms of quantity, but also social and cultural aspects should be taken into account. In Poland, there … have been five distinct periods from the viewpoint of economic growth. Had there been a better policy coordination of … systemic change and socioeconomic development, GDP growth over the periods considered could have increased by more than half …
Persistent link: https://www.econbiz.de/10010273403
current understanding of entrepreneurship are discussed with respect to institutions and economic development. …
Persistent link: https://www.econbiz.de/10010273406
The paper examines the source of financial market fragmentation in sub-Saharan Africa in the framework of institutional economics. Based on fieldwork data from Ghana, Malawi, Nigeria, and Tanzania, it analyses financial risk management, the transaction costs for loan screening and monitoring,...
Persistent link: https://www.econbiz.de/10010284564
the framework to show how the imported multi-stage rule enforcement institutions based on separation of powers in …
Persistent link: https://www.econbiz.de/10010284647
This paper examines different explanations - initial conditions, openness to trade and FDI, and institutions - of the … Mauritian growth experience since the mid-1970s. We show that arguments based on openness to trade and FDI are either misleading …
Persistent link: https://www.econbiz.de/10010273472
We examine how institutional and policy reforms affect the relationship between entrepreneurship and growth. We perform … effect of trade reform and entrepreneurship on growth is negative, suggesting that trade reform diminishes the positive … effects of entrepreneurial ability on growth, while the joint effect of financial sector reform and entrepreneurship has a non …
Persistent link: https://www.econbiz.de/10010273475
This paper proposes that aid flowing to smaller (less populous) countries has a negative impact on the quality of … institutions in terms of performance and policy as opposed to that flowing to larger countries, where evidence suggests that the …
Persistent link: https://www.econbiz.de/10010284631
, in which weak institutions inhibit growth both directly and indirectly, through under-developed, low-quality finance. In …Drawing on recent literature, the paper argues that institutions and political economy factors hold the key to … new evidence which suggests that institutional quality may influence the effectiveness of financial development in …
Persistent link: https://www.econbiz.de/10010284801