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distribution and growth, as well as the relevant empirical evidence. The first model integrates the political-economy and imperfect … capital markets theories. It allows for departures from perfect democracy and embodies the trade-off between the growth costs … savings incentives and ameliorate the wealth constraints that impede investment by the poor. The second model is a growth …
Persistent link: https://www.econbiz.de/10005123982
Centrally planned economies tend to be less efficient than economies in which agents are free to choose their output targets, as well as the means to meet them. This paper presents a simple model of planner-manager interactions and shows how planned economies can end up in a low-effort,...
Persistent link: https://www.econbiz.de/10005489931
implications for environment, efficiency and growth. We find that left regimes, choosing more progressive redistribution, maintain …
Persistent link: https://www.econbiz.de/10005464760
What political and economic factors stimulate growth and make an economy expand? These original contributions by some … technological variables that encourage or impede economic growth. Topics range from economic reform and price flexibility to the …, economists have seen important new developments linking growth and business cycles to government policy. These contributions …
Persistent link: https://www.econbiz.de/10004973092
understanding the political economy of education -- the complex relationship of education, economic growth, and income distribution … of the development of public education and a review of current econometric evidence on education, growth, and income …
Persistent link: https://www.econbiz.de/10004973282
This paper explores the causal links between the role of public finance and Bihar's growth and development in the last … decade; and argues that these links are tenuous. Bihar's growth acceleration precedes the ‘policy reforms' in public … close Bihar's development gap with the rest of India stems from the nature of the growth process in its regional, sectoral …
Persistent link: https://www.econbiz.de/10011134420
(english) This article aims at supplying an interpretative frame of the long-term Malagasy trajectory by redrawing the structuring knots of its political economy. The concomitance of periods of economic expansion and political crises leash indeed to suppose that one of the essential sources of...
Persistent link: https://www.econbiz.de/10011103528
This article aims at supplying an interpretative frame of the long-term Malagasy trajectory by redrawing the structuring knots of its political economy. The concomitance of periods of economic expansion and political crises leash indeed to suppose that one of the essential sources of the...
Persistent link: https://www.econbiz.de/10011122205
Persistent link: https://www.econbiz.de/10011212357
Contemporary views on the determinants of economic growth place education in centre stage. Yet the way in which … education affects growth is not yet well understood. This paper begins by surveying the recent literature on the factors that … affect growth, paying particular attention to education. It then proceeds to estimate a comprehensive model of growth …
Persistent link: https://www.econbiz.de/10011195977