Showing 1 - 5 of 5
fight against corruption in their quest to reduce the size of the informal economy. … informal sector in the presence of corruption. The impact of the interaction between growth and corruption on economic … the empirical literature because it studies the effect of the interaction between growth and corruption in the informal …
Persistent link: https://www.econbiz.de/10013330033
This paper assesses if legal origin explains domestic, foreign, private and public investments through financial intermediary channels of depth, efficiency, activity and size. The findings show that legal origin matters in the finance-investment nexus, though its ability to explain aggregate...
Persistent link: https://www.econbiz.de/10011390776
Contrary to mainstream consensus on the dominance of English common law countries in investment prospects, this paper … sets a new tone in the legal origins debate by providing empirical validity on the dominance of French civil-law countries … in private investment. The assessment is based on 38 African countries for the period 1996-2007. The law mechanisms of …
Persistent link: https://www.econbiz.de/10011390777
This volume presents new insights on marginality, i.e. the situation of people living on the edge of socio-economic and ecological systems. The marginality concept leads to different development policies. While the prevalence of poverty declined by about 50 percent in the past two decades, any...
Persistent link: https://www.econbiz.de/10011959566
Using bank-specific data on U.S. bank claims on individual foreign countries since the mid-1980s, this paper 1) characterizes the size and portfolio diversification patterns of the U.S. banks engaging in foreign lending, and 2) econometrically explores the determinants of fluctuations in U.S....
Persistent link: https://www.econbiz.de/10010283397