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economic growth. To this end, we compare the development of some key determinants of growth in the two countries since the 1990 …s. A simple growth accounting model suggests that advances in education at all levels, good governance, and …, which remains marred by problems related to weak governance as well as autocratic rule. Further, as in Estonia and Latvia …
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role of governance for economic development ….This paper - a product of Public Services, Development Research Group - is part of a larger effort in the group to understand the …
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Because of its inappropriability, protection of property rights is widely recognized as being the state's responsibility. Moreover, recent empirical evidence suggests that it leads to higher investment levels and faster growth. Nevertheless, the extent of property rights protection differs...
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Economic diversification has gained significant attention as a crucial factor for sustainable development worldwide …
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