to gauge the effect of reforms. The analysis revealed that democracy does not necessarily translate into reform of … investment. There is no evidence that one form of reform induces another. The sequence of reforms seems to matter for investment … that start with political reform invest less. The results also show that countries that embark only on political reform …

This paper provides a quantitative evaluation of the macroeconomic, distributional, and fiscal effects of three reform … deregulation reform are relatively small due to the small size of the professional services in Germany. Policy reforms i) and ii …

characteristics of the reform implemented, as well as its ultimate success or failure. Our analysis likely extends to a broader class …

. The general motivation behind reform was to enhance the political representation of ordinary citizens in general and that … land domain, reform objectives were as explicit and hard-hitting as they were anywhere else. Reform of land law and land …