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the positive relationship between democracy and industrial diversification. … ask whether democracy also has a stabilizing effect on trend-volatility, i.e. whether more democratic countries experience … policies and financial development, we find that democracy is the most robust predictor of a country's propensity for growth …
Persistent link: https://www.econbiz.de/10005622063
-rich Arab world to achieve sustained growth, the Arab spring should not only bring democracy, as badly needed as it is, but …
Persistent link: https://www.econbiz.de/10010774230
of East Asian newly industrialized countries. It provides evidence that the lack of diversification, stemming from the …
Persistent link: https://www.econbiz.de/10011184600
different from other oil-rich countries. In five main ways, all of which suggest the need for economic diversification as an …
Persistent link: https://www.econbiz.de/10011093976
The CEMAC’s countries are characterized by a weak diversification of their products and exports. Their economic … period. Besides, it is evident from the macro-econometrics modelling that the most explanatory factors of the diversification … concentration. …
Persistent link: https://www.econbiz.de/10005616566
Does diversification of an economy improve the chances of democracy? This paper estimates the effect of export … diversification on democracy levels, using data from 143 countries. The endogeneity of diversification is addressed by using … diversification has a significant, positive effect on levels of democracy. This suggests that less concentrated economic power in a …
Persistent link: https://www.econbiz.de/10010950533
The Varieties of Capitalism literature has drawn little attention to industrial renewal and diversification, while the … related diversification literature has neglected the institutional dimension of industrial change. Bringing together both … literatures, the paper proposes that institutions have an impact on the direction of the diversification process, in particular on …
Persistent link: https://www.econbiz.de/10010942927
The Varieties of Capitalism literature has drawn little attention to industrial renewal and diversification, while the … related diversification literature has neglected the institutional dimension of industrial change. Bringing together both … literatures, the paper proposes that institutions have an impact on the direction of the diversification process, in particular on …
Persistent link: https://www.econbiz.de/10011251901
principles of the theory of "developmental state." Implementing import substitution, we should seek to production diversification …
Persistent link: https://www.econbiz.de/10011108106
Twelve years into transition process, Serbia doesn’t have consistent, if any, let alone coherent economic development policy. This review is therefore aimed at Serbian (and alike transition countries’) policy-makers and stake-holders in an effort to distill the ever-green lessons available...
Persistent link: https://www.econbiz.de/10010969068