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How does corruption affect public debt? An empirical analysis
Cooray, Arusha; Schneider, Friedrich - 2013
This paper examines the relationship between corruption and public debt in 106 countries. Results suggest that … corruption leads to an increase in public debt. We also investigate if the effect of corruption on pblic debt is increased by … government expenditure, the shadow economy and military expenditure. We find that the effect of corruption on public debt is …
Persistent link: https://www.econbiz.de/10010368254
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Is the world flat? Or do countries still matter?
Chong, Alberto; Gradstein, Mark - 2006
This paper revisits the effects of a country's institutional framework on individual firms' behavior, in particular focusing on their propensity to comply with legal rules. The theoretical model presented here suggests that these effects may be of paramount significance-contrary to the recently...
Persistent link: https://www.econbiz.de/10010278238
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Recent claims of China's economic exceptionalism: Reflections inspired by WTO accession
Woo, Wing Thye - 2001
The desirability of WTO membership for China depends on whether its economic successes have been the result of its discovery of new institutional forms (e.g. dual track pricing, SOE contracts, and fiscal contracts) that are optimal for China''s particular economic circumstances, or have been the...
Persistent link: https://www.econbiz.de/10010318608
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Non-linear geographics and the economics of transition and democratization
Brezis, Elise S.; Verdier, Thierry - 2012
simple model of transition and democratization is presented wherein we show that the effectiveness of repression by the … country to start a transition process towards democratization is not necessarily the one nearest to the free world. …
Persistent link: https://www.econbiz.de/10010336055
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Determinants of real exchange rate movements in 15 emerging market economies
Goda, Thomas; Priewe, Jan - 2019
Previous work has established that an appreciation of the real exchange rate (REER) contributes to premature deindustrialization, less productive investment and dependence on commodity booms and busts in emerging markets economies (EME). From the previous literature, it is less clear however...
Persistent link: https://www.econbiz.de/10012109599
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Moving the center: Adapting the toolbox of growth model research to emerging capitalist economies
Mertens, Daniel; Nölke, Andreas; May, Christian; … - 2022
The growth model perspective has provided positive momentum for Comparative and International Political Economy. This article seeks to move beyond the existing geographical confines of this perspective to elaborate on its potential for enhancing our understanding of the trajectories of different...
Persistent link: https://www.econbiz.de/10013370795
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China, India and industrial policy for inclusive growth
Kaur, Inderjit N.; Singh, Nirvikar - 2013
This paper discusses a possible case for industrial policy, with special reference to the two emerging global giants, China and India. It begins with a clarification of the meaning of industrial policy, since not only does the term mean different things to different people, but the traditional...
Persistent link: https://www.econbiz.de/10010369497
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Social policy in Mexico and Argentina
Tepepa, Martha - 2019
This paper is a comparison between two programs implemented to combat poverty in Latin America: Prospera (Prosper) in Mexico and Asignación Universal por Hijo (Universal Assignment for Child) in Argentina. The first section offers a review of the emergence of the welfare state, examining...
Persistent link: https://www.econbiz.de/10012142968
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Measuring institutional quality in ancient Athens
Bergh, Andreas; Lyttkens, Carl Hampus - 2011
We use the Economic Freedom Index (Gwartney, Lawson and Norton 2008) to characterise the institutions of ancient Athens in the fourth century BCE. It has been shown that ancient Greece witness improved living conditions for an extended period of time. Athens in the classical period appears to...
Persistent link: https://www.econbiz.de/10013208571
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Great expectations: A tale of two transitions
Girardi, Daniele; Veneziani, Roberto; Wengle, Susanne - 2023
Over a quarter of the world's population lives in economies that have undertaken transitions from central planning to market economies. These transitions entail far-reaching and complex changes in social, economic and political institutions and have had widely divergent outcomes. Important...
Persistent link: https://www.econbiz.de/10014480394