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In the light of Mozambique's natural resources boom-especially its large-scale investments in mining, oil, and gas-this paper analyses the prospects for the extractive industries to contribute to economic transformation from an institutional perspective. To this purpose, we address the...
Persistent link: https://www.econbiz.de/10012301838
on the subject notwithstanding, there is limited exploration of the specific types of institutions critical for improving … fiscal capacity in resourcerich contexts. This paper investigates which types of institutions moderate the adverse effect of … find evidence of a mitigating role for 'constraints on executive power' and 'democracy'. Other covariates found to be …
Persistent link: https://www.econbiz.de/10012509295
. Viewing institutional configurations as a system of multiple equilibria, the concepts of endogenous institutions and …
Persistent link: https://www.econbiz.de/10010528654
institutions, natural resource rents cease to have a negative impact on long-term growth. Institutions in resource-based economies …
Persistent link: https://www.econbiz.de/10011472013
The notion that foreign aid harms the institutions of recipient governments remains prevalent. We combine new … disaggregated aid data and various metrics of political institutions to re-examine this relationship. Long-run cross-section and … alternative dynamic panel estimators show a small positive net effect of total aid on political institutions. Distinguishing …
Persistent link: https://www.econbiz.de/10011342274
The paper explores a phenomenon often observed in transition economies, when newly established institutions are misused … incidences institutions become sources of private gains and lose their value-creation role and capacity. We offer a typology of … governments and societies fail to serve as institutions' guardians. Implications misused institutions for economic and political …
Persistent link: https://www.econbiz.de/10008662276
In many low-income transition countries, where formal institutions such as courts do not function effectively, informal … institutions are often used by firms to minimize transaction risks. We examine the role of informal institutions, in the forms of … that do not, and such firms are more likely to utilize informal institutions, such as acquiring information from informal …
Persistent link: https://www.econbiz.de/10012216455
There is a broad agreement that political and economic institutions matter for long-term development. Yet relatively … little is known as to how to adopt good quality institutions and reform weak or poor institutions, for which one needs to … know how institutions change. This paper provides a systematic econometric investigation of long-run patterns of …
Persistent link: https://www.econbiz.de/10014563047
officials', even when non-corrupt, significantly distort anti-corruption institutions by choosing a lower detection probability …
Persistent link: https://www.econbiz.de/10011517268
that strong rule of law institutions may ameliorate the possible adverse effects of political and economic crises on … heterogeneous effects depending on the type of crisis and how we measure it. We find that rule of law institutions can control … corruption in cases of political violence and economic slowdown, but the effect is not seen for democracy breakdowns, coups …
Persistent link: https://www.econbiz.de/10013173620