Showing 1 - 10 of 62
quantitative analysis of mass privatization programs in the postcommunist world. We argue that rapid large-scale privatization … back on the enterprise sector, as the state can no longer support the institutions necessary for the effective functioning … implementation of mass privatization programs negatively impacts measures of economic growth, state capacity and the security of …
Persistent link: https://www.econbiz.de/10005784627
This paper compares different nominal anchors in the case of a fixed exchange rate regime for the future single regional currency of the Economic Community of the West African States (ECOWAS). We study the anchor choice when the countries focus the exchange rate policy to promote internal and...
Persistent link: https://www.econbiz.de/10008529043
does not receive support in the ownership but the indicator of voucher privatization supports it. The initial conditions … from early 90's were not the driving the financial distress. The voucher-scheme privatization results in poorer corporate …
Persistent link: https://www.econbiz.de/10005784676
Despite the recent growth resurgence, Sub-Saharan Africa (SSA) remains the poorest region in the world. At the same time, it is a region that heavily relies on natural resources. In this paper we investigate the extent to which the second fact helps explain the first one. The distinctive feature...
Persistent link: https://www.econbiz.de/10010545922
context compared to the Chinese institutional context due to the polycentricity of institutions. The research implications of …
Persistent link: https://www.econbiz.de/10010552176
In this paper we use a comparative perspective to explore the ways in which institutions and networks have influenced …
Persistent link: https://www.econbiz.de/10005677437
, we show that a lack of financial institutions can lead to more corruption as more voters are part of the corrupt system … on political outcomes. Well-functioning financial institutions, in turn, increase the political support for anti …
Persistent link: https://www.econbiz.de/10005677470
institutions. The characteristics of officials’ clients explain most of the variation for bribery rates, but none for bribe amounts … rates and amounts. The results indicate that the bribery rate is higher at institutions with bribe-prone clients, and that … reduce corruption. Overall, the judiciary and the police are by far the most corrupt institutions. …
Persistent link: https://www.econbiz.de/10005677513
completely after we control for aggregate measures of economic development and quality of institutions. Informal institutions …
Persistent link: https://www.econbiz.de/10005677593
In this paper we explore the ways in which institutions and networks influence entrepreneurial development in Russia …
Persistent link: https://www.econbiz.de/10005677688