Showing 1 - 10 of 2,186
Greece went into recession in 2009, after a decade of flourishing economic growth fluctuating annually around 4 percent … 2010, with a subsequent marginal reduction. The Eurozone countries and the IMF provided three rescue packages to Greece …. The first economic adjustment program was signed in May 2010 between Greece and Troika (the European Commission, The …
Persistent link: https://www.econbiz.de/10011599322
resource that has been hijacked by capitalism. Mary Mellor explores the history of money and modern banking, showing how …
Persistent link: https://www.econbiz.de/10011903333
relationship according to which democracy is a determinant of economic development? Or is it, conversely, economic development that …
Persistent link: https://www.econbiz.de/10010267954
This paper provides empirical evidence for the importance of institutions in determining the outcome of crises on long-term growth. Once unobserved country-specific effects and other sources of endogeneity are accounted for, political institutions affect growth through their interaction with...
Persistent link: https://www.econbiz.de/10010278293
majority of people. The fundamental reason thereof is the blatant contradiction between the principle of democracy, promoting … the essential of democracy. It could be a road to genuine reforms3 preventing a disaster caused by the sheer rejection of …
Persistent link: https://www.econbiz.de/10011984736
measurement of democracy. I proceed in two step. In the first part, I describe the classical approach for producing a measure of … democracy and sketch an alternative approach. The second part provides an overview about existing democracy index. …
Persistent link: https://www.econbiz.de/10013471962
stronger political institutions, as measured by democracy indicators, manage to alleviate some of the adverse effects of US …
Persistent link: https://www.econbiz.de/10014476229
This paper finds evidence that more democratic political institutions increase trust. Second generation immigrants with ancestries from 115 countries are studied within 30 European countries. Comparing individuals born and residing in the same country, those whose father was born in a more...
Persistent link: https://www.econbiz.de/10010335619
This paper aims to identify the effect of political exclusion on social capital in Colombia, suggesting social capital as an important channel through which political inequality has been central for Colombian economic development. I use the Colombian National Front agreement during 1958-1974 to...
Persistent link: https://www.econbiz.de/10010427664
This paper starts with the observation that almost all military dictatorships that democratize become presidential democracies. I hypothesize that military interests are able to coordinate on status-preserving institutional change prior to democratization and therefore prefer political...
Persistent link: https://www.econbiz.de/10011917070