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There is a broad agreement that political and economic institutions matter for long-term development. Yet relatively … little is known as to how to adopt good quality institutions and reform weak or poor institutions, for which one needs to … know how institutions change. This paper provides a systematic econometric investigation of long-run patterns of …
Persistent link: https://www.econbiz.de/10014577308
natural resources rents may reduce incentives to invest in fiscal capacity. However, political institutions that limit rulers … mainly through institutions that make the tax system accountable and transparent. Thus it is possible to develop both fiscal …
Persistent link: https://www.econbiz.de/10012423997
effects of the natural resources sector is the type of states and political institutions that resourceabundant economies …
Persistent link: https://www.econbiz.de/10012424110
We argue that tax revenues and political institutions placing constraints on the executive power may reinforce each … inclusive and accountable institutions may work in synergy with that of generating internal resources to finance development …
Persistent link: https://www.econbiz.de/10013204758
that strong rule of law institutions may ameliorate the possible adverse effects of political and economic crises on … heterogeneous effects depending on the type of crisis and how we measure it. We find that rule of law institutions can control …
Persistent link: https://www.econbiz.de/10013204791
Episodes of economic growth that lead to reductions in poverty and inequality are relatively rare in developing countries. In this paper, we examine the institutional foundations of such growth episodes. We argue that the institutional factors that lead to accelerations in economic growth will...
Persistent link: https://www.econbiz.de/10011009740
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Persistent link: https://www.econbiz.de/10008925741
accelerations are different from that of growth maintenance. Informal institutions are likely to play a role in growth acceleration …, while formal institutions of credible commitment, the provisioning of public goods and the overcoming of co …
Persistent link: https://www.econbiz.de/10010666075
Persistent link: https://www.econbiz.de/10014364222
Persistent link: https://www.econbiz.de/10014364223