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This paper presents an integrated overview of the literature linking institutions, financial development and economic growth. From the large body of research on institutional development, the paper first selects those contributions that make it possible to study the role of institutional...
Persistent link: https://www.econbiz.de/10011290078
Persistent link: https://www.econbiz.de/10011301873
The economic literature of property rights has been assessing the impact of different community based arrangements on the efficiency of natural resource management of specific areas. Differently, other strands of development economics and policy-oriented research have been concerned with issues...
Persistent link: https://www.econbiz.de/10011602533
The paper focuses in the calculation of the oil capital value in a small open economy depending on oil rents. The Venezuelan case is used as an example. In valuing the oil capital, two issues are recalled and discussed: how should the exploration costs and the capital gains be treated? It is...
Persistent link: https://www.econbiz.de/10011593022
Land titling and property rights have been the central tenant of agricultural and rural development policy for many years since land is one of the key assets for production of agricultural goods and services. Land titling facilitates access to credit through collateral arrangement, thereby...
Persistent link: https://www.econbiz.de/10011913300
Persistent link: https://www.econbiz.de/10011994862
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/10014455426
Persistent link: https://www.econbiz.de/10003846817
The literature on public goods has shown that efficient outcomes are impossible if participation constraints have to be respected. This paper addresses the question whether they should be imposed. It asks under what conditions efficiency considerations justify that individuals are forced to pay...
Persistent link: https://www.econbiz.de/10008824513
financing scheme for renewable and energy efficiency deployment. Financing barriers represent a notable obstacle for energy … and the lack of guarantees, are key issues related to financing barriers. Implementing a policy such as PACE - Property … access to capital tends to stall them. -- Financing Barriers ; Energy Efficiency ; Solar PV ; Energy Investments …
Persistent link: https://www.econbiz.de/10009506374