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In this paper, we test the Rodrik et al (2004) framework to explain differences in development levels across countries by using a broader set of definitions for institutions, geography and economic variables. We use a multi-faceted database to measure institutions in an attempt to go beyond the...
Persistent link: https://www.econbiz.de/10010856330
The study argues for the integration of good governance principles in developing financially viable, effective and … outcomes. On the whole, the application of good governance will improve program design and will make the implementation … integration of good governance into microcredit intends to improve its program design, implementation strategies and processes …
Persistent link: https://www.econbiz.de/10009401358
The holding of early parliamentary elections in Togo on October 14, 2007, most likely the first free and fair Togolese elections since decades, are considered internationally as a litmus test of despotic African regimes’ propensity to change towards democratization and economic prosperity....
Persistent link: https://www.econbiz.de/10005789402
When the longest-serving African dictator, Togo's Gnassingbé Eyadéma, died unexpectedly in February 2005 after 38 years of autocratic rule, Togo became a test case for indigenous democratisation efforts of African states. However, it soon became clear that a change of regime through the ballot...
Persistent link: https://www.econbiz.de/10005790182
We provide an analysis of enforcement policies in a framework with heterogeneous firms, endogenous determination of informal wage and politically dictated strategies. We argue that firms which operate both in the formal and informal sectors do very little to increase TOTAL employment when faced...
Persistent link: https://www.econbiz.de/10008559082
Many studies have underlined the detrimental impact of local political risk on foreign direct investment inflows. In this paper, we argue that that relationship depends on the global volume of FDI. After providing a simple model and theoretical arguments suggesting that the relationship should...
Persistent link: https://www.econbiz.de/10008468452
This paper compares more direct measures of the institutional environment with both the instability proxies used by Barro (1991) and the Gastil indices, by comparing their effects both on growth and private investment. The results provide substantial support for the position that the...
Persistent link: https://www.econbiz.de/10008530718
This Paper presents theory and evidence on the relationship between inequality and institutional quality. We exhibit a model in which the two dynamically reinforce each other and set to test this relationship with a broad array of institutional measures. We establish the double causality between...
Persistent link: https://www.econbiz.de/10005124033
confirm that the control of corruption, but not the other dimensions of governance, robustly cause manufactured exports. …
Persistent link: https://www.econbiz.de/10005094126
governance affect FDI inflows. It considers six aspects of governance. The results of a least-squares estimation suggest a … positive relationship between institutional quality and FDI. However, when the issue of the endogeneity of governance is …
Persistent link: https://www.econbiz.de/10005464151