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White elephants and the limits to efficient investment

Bohn, Frank - 2004

refrain from anti-corruption investment, even if they are not rent-seeking themselves. …

Persistent link: https://www.econbiz.de/10010293837

Public investment under ethnic diversity and political uncertainty

Bohn, Frank - 2005

This paper addresses the puzzle that public services in some developing countries, especially in Africa, are poor despite large public expenditure. The intertemporal model here studies a government’s optimal choice between redistribution and public investment. Ethnic diversity and political...

Persistent link: https://www.econbiz.de/10010293865

Political Competition, Ideology and Corruption

Boukouras, Aristotelis; Koufopoulos, Kostas - 2011

degree of corruption. …

Persistent link: https://www.econbiz.de/10010329972

Corruption, political instability and economic development in the Economic Community of West African states (ECOWAS): Is there a causal relationship?

Abu, Nurudeen; Karim, Mohd Zaini Abd; Aziz, Mukhriz … - In: Contemporary Economics 9 (2015) 1, pp. 45-60

Despite the abundant research on economic development, corruption and political instability, little research has … corruption, political instability and economic development in the ECOWAS using the Granger causality test within a multivariate …-causes economic development in the short term, while political instability and economic development Granger-cause corruption in the …

Persistent link: https://www.econbiz.de/10011480614

Effect of corruption and political instability on enterprises' innovativeness in Ethiopia: Pooled data based

Shumetie, Arega; Watabaji, Mulugeta Damie - In: Journal of Innovation and Entrepreneurship 8 (2019) 1, pp. 1-19

The aim of this study is to investigate the effects of corruption and political instability on Ethiopian enterprises … revealed significant greasing effects of corruption, power outage, time and capital budget for R&D activities, exposure to …

Persistent link: https://www.econbiz.de/10013205630

Greed, impatience and exchange rate determination

Bohn, Frank - 2006

This paper offers a theoretical explanation for the determination of exchange rates under specific conditions which can/could be found in some OECD and newly industrialised countries. In an Obstfeld (1994) framework extended to incorporate government expropriation reneging on a fixed exchange...

Persistent link: https://www.econbiz.de/10010293862

The Impact of Political Risk on Sovereign Bond Spreads - Evidence from Latin America

Moser, Christoph - 2007

Sovereign risk is defined as a country?s ability-to-pay and willingness-to-pay its debt. This paper examines how cabinet reshuffles affecting the ministry of finance or economics are perceived by sovereign bond holders in twelve Latin American countries from 1992 to 2005. We find that such...

Persistent link: https://www.econbiz.de/10010296045

The effects of transition and political instability on foreign direct investment inflows: Central Europe and the Balkans

Brada, Josef C.; Kutan, Ali M.; Yigit, Taner M. - 2004

This paper examines the effect of transition and of political instability on FDI flows to the transition economies of Central Europe, the Baltics and the Balkans. We find that FDI to transition economies unaffected by conflict and political instability exceed those that would be expected for...

Persistent link: https://www.econbiz.de/10010301252

The effects of transition and political instability on foreign direct investment: Central Europe and the Balkans

Brada, Josef C.; Kutan, Ali M.; Yigit, Taner M. - 2003

In this paper we estimate the effects of transition and political instability in the Eastern European and Balkan transition countries on their FDI inflows. For transition countries unaffected by political instability, FDI inflows in the 1990s were around 20 to 30% of those achieved by European...

Persistent link: https://www.econbiz.de/10010301317

From Riches to Rags, and Back? Explaining the Growth Trajectory of Argentina since the 1890s

Campos, Nauro F.; Karanasos, Menelaos G.; Tan, Bin - 2009

Argentina is the only country in the world that was 'developed' in 1900 and 'developing' in 2000. Although various underlying reasons have been identified (chiefly political instability, financial development, inflation, trade openness, and international financial integration), no study has...

Persistent link: https://www.econbiz.de/10010301463

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