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This paper critically assesses the current policy consensus that greater integration into the world economy is beneficial for poor countries. Both the theoretical and empirical basis is examined, concentrating on a) modern growth theory in an open-economy setting, and b) a wide range of newer...
Persistent link: https://www.econbiz.de/10014139599
In Switzerland, political concordance or direct popular rights and the resulting consociational democracy are often … held responsible for delay or even cancellation of necessary political reforms. Switzerland is, however, not the only … institutional preconditions for successful political reforms before the situations in Switzerland and Germany are discussed more …
Persistent link: https://www.econbiz.de/10009150064
In Switzerland, political concordance or direct popular rights and the resulting consociational democracy are often … held responsible for delay or even cancellation of necessary political reforms. Switzerland is, however, not the only … institutional preconditions for successful political reforms before the situations in Switzerland and Germany are discussed more …
Persistent link: https://www.econbiz.de/10009150963
First, the problem of defining the government size and theoretical considerations about the relation between this size and economic growth are discussed. Then the international comparative empirical literature as well as the one discussing the Swiss situation are reviewed. Neither of them comes...
Persistent link: https://www.econbiz.de/10005797649
The current debt crisis in many OECD countries calls for adequate strategies in budget consolidation. To regain fiscal solvency many governments base their fiscal adjustments at least partly on spending cuts. A common political claim is that spending cuts rely too much on investment thereby...
Persistent link: https://www.econbiz.de/10008462039
reported. These studies mainly consider Switzerland and the United States, and they concentrate on the economic outcomes which …
Persistent link: https://www.econbiz.de/10008466379
The current debt crisis in many OECD countries calls for adequate strategies in budget consolidation. To regain fiscal solvency many governments base their fiscal adjustments at least partly on spending cuts. A common political claim is that spending cuts rely too much on investment thereby...
Persistent link: https://www.econbiz.de/10012168358
In Switzerland, political concordance or direct popular rights and the resulting consociational democracy are often … held responsible for delay or even cancellation of necessary political reforms. Switzerland is, however, not the only … institutional preconditions for successful political reforms before the situations in Switzerland and Germany are discussed more …
Persistent link: https://www.econbiz.de/10012168381
Persistent link: https://www.econbiz.de/10000085863
Persistent link: https://www.econbiz.de/10000898152