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these laws, and (3) the degree of decentralization of jurisdictions with respect to local public goods. It is suggested that … decentralization, with adverse consequences for economic efficiency. The paper concludes with a brief normative discussion of …
Persistent link: https://www.econbiz.de/10010322692
This paper analyzes the process of reform of India's federal system, with a focus on fiscal federalism. We first summarize the basic features of, and recent reforms in intergovernmental relations, including the role of political institutions, assignments of expenditure responsibility and revenue...
Persistent link: https://www.econbiz.de/10010322727
There is now widespread recognition that in most countries, private-sector investment has not been able to absorb surplus labor. This is all the more the case for poor unskilled people. Public works programs and employment guarantee schemes in South Africa, India, and other countries provide...
Persistent link: https://www.econbiz.de/10010266476
This study explores the determinants of investment using both aggregated industry-level data and disaggretated data on 27 sub-sectors of the manufacturing sector for the period 1970-2001. According to the results in this study, the government has potentially powerful means at its disposal to...
Persistent link: https://www.econbiz.de/10010457009
In recent years, diverging demand and growth regimes have received greater scholarly attention. In particular, the intersection between different variants of Comparative Political Economy and the post-Keynesian macroeconomic analysis provides a promising avenue for understanding the main...
Persistent link: https://www.econbiz.de/10012492416
This paper presents a description of the quality of match of the statistical matches used in the LIMTCP estimates prepared for Ethiopia and South Africa. For Ethiopia, the statistical match combines the Ethiopian Socio-economic Survey-Wave 3-2015/2016 (ESS) with the Ethiopian Time Use Survey...
Persistent link: https://www.econbiz.de/10012610198
The African National Congress (ANC) can look back on eighty years of struggle which resulted in the liberation of black Africans, the creation of a democratic constitution and free elections. However, the last twenty years of ANC rule has been criticized for the failure to bring higher living...
Persistent link: https://www.econbiz.de/10010322002
[Introduction ...] Following this introduction, Section 2 presents the conceptual framework on food security that guides this study, and offers succinct data on the three countries based on leading international measures. Section 3 offers a general presentation of the food-security policy...
Persistent link: https://www.econbiz.de/10010293295
We use a rapid introduction of an unconditional cash grant (child support) in South Africa to estimate the marginal propensity to consume and earn out of a permanent change in unearned income. We find that the marginal propensity to earn is about to -0.25 for single-adult households, and...
Persistent link: https://www.econbiz.de/10010321432
As most other countries, Germany also faces dramatic regional differences in terms of socioeconomic development. One important driver of such development is the existence of a healthy entrepreneurial activity and the creation of new companies. We argue that venture capital (VC) and especially...
Persistent link: https://www.econbiz.de/10010305706