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Inequality and Political Clientelism: Evidence from South India
Markussen, Thomas - Økonomisk Institut, Københavns Universitet - 2010
. The paper discusses when and why clientelism on the basis of party affiliation may arise. Operationally, party …-based clientelism is defined as a bias of public policy in favour of members of the governing political party. In a sample of local … governments in India, party-based clientelism is shown to exist in two out of four states and to be strongly affected by economic …
Persistent link: https://www.econbiz.de/10008682180
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Poverty, Inequality and the Challenges of Pro-Poor Governance in Bangladesh
Afsar, Rita - In: Journal of South Asian Development 5 (2010) 2, pp. 187-219
Weak governance as a result of clientelist practice is often considered as the single-most important factor behind the growing inequality and persistent poverty in Bangladesh. Using a rights-based approach (RBA), this article examines regional disparity, central–local relations and the...
Persistent link: https://www.econbiz.de/10011137128
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NEA presidential address: identity, markets, and persistent racial inequality
Mason, Patrick L. - Volkswirtschaftliche Fakultät, … - 2004
This paper contrasts competing theories and evidence on the nature and significance of African American racial identity. In particular, we seek to examine whether race is best understood as a set of values and behaviors or whether race is best understood as a social norm.
Persistent link: https://www.econbiz.de/10005836196
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Linking Economic and Social-Exchange Games: From the Community Norm to CSR
Aoki, Masahiko - Stanford Institute for Economic Policy Research … - 2007
This paper proposes an approach to the roles of social norm dealing with economic externalities. Traditionally social norms are treated by economists as external constraints or endogenous outcomes of repeated economic transactions. In contrast, this paper formulates a game of social exchanges...
Persistent link: https://www.econbiz.de/10010616020
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Corruption, Norm Violation and Decay in Social Capital
Banerjee, Ritwik - School of Economics and Management, University of Aarhus - 2015
The paper studies the interplay between corruption and social trust, using data from a lab experiment. Subjects play either a harassment bribery game or a strategically identical but differently framed ultimatum game, followed by a trust game. In the second phase, the trust game is followed by...
Persistent link: https://www.econbiz.de/10011166113
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Driving Forces of Informal Sanctions
Falk, Armin; Fehr, Ernst; Fischbacher, Urs - Institut für Volkswirtschaftslehre, …
Informal sanctions are a major determinant of a society's social capital because they are key to the enforcement of implicit agreements and social norms. Yet, little is known about the driving forces behind informal sanctions. We systematically examine the determinants of informal sanctions by a...
Persistent link: https://www.econbiz.de/10005627991
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Does Commercial Microfinance Belong to the Financial Sector? Lessons from the Stock Market
Szafarz, Ariane; Briere, Marie - Centre Emile Bernheim, Solvay Brussels School of … - 2014
This paper is the first to draw a global picture of worldwide microfinance equity by taking full advantage of daily … quoted prices. We revisit previous findings showing that investors should consider microfinance as a self-standing sector …. Our results are threefold. First, microfinance has become less risky and more closely correlated with the financial sector …
Persistent link: https://www.econbiz.de/10010944626
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Attracting Microfinance Investment Funds: Promoting Microfinance Growth through Increased Investments in Kenya
Matu, Jeffrey Ben - Volkswirtschaftliche Fakultät, … - 2008
microfinance institutions (MFIs) in Kenya still face major challenges with efficiently and effectively delivering microfinance …Although microfinance has played a significant role in providing a wide range of financial products and services, many … greatly undermined the capabilities of MFIs to efficiently operate their services and expand their various microfinance …
Persistent link: https://www.econbiz.de/10005789729
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Creating Value Beyond Microfinance Through Entrepreneurship Development in Kenya
Matu, Jeffrey Ben; Kimani, Thomas - Volkswirtschaftliche Fakultät, … - 2010
This article looks at current microfinance practices in Kenya and some of the inherent challenges that hinder human … development of microfinance clients beyond accessing financial services. As microfinance providers and supporters continue to … augment their microfinance services with basic entrepreneurial training. …
Persistent link: https://www.econbiz.de/10008493028
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Does Commercial Microfinance Belong to the Financial Sector? Lessons from the Stock Market
Brière, Marie; Szafarz, Ariane - In: World Development 67 (2015) C, pp. 110-125
This paper is the first to draw a global picture of worldwide microfinance equity by taking full advantage of daily … quoted prices. We revisit previous findings showing that investors should consider microfinance as a self-standing sector …. Our results are threefold. First, microfinance has become less risky and more closely correlated with the financial sector …
Persistent link: https://www.econbiz.de/10011117370