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Persistent link: https://www.econbiz.de/10004999708
Nach einem kurzen Rückblick auf das Downs-Modell diskutieren wir anhand empirischer Daten aus Deutschland dessen heutige Relevanz unter Berücksichtigung der aus der Fairness-Literatur bekannten Ungleichheitsaversion (UA). Dabei wird der Begriff der sozialen Präferenzen um das neue Konzept der...
Persistent link: https://www.econbiz.de/10009004691
The aim of this paper is to determine which country-specific characteristics promote and which impede the adoption of institutions. On the basis of a broad panel of 183 countries for the period between 1996 and 2010, we test whether there are tendencies towards a general improvement and towards...
Persistent link: https://www.econbiz.de/10010984522
unterschiedlichem Tempo und sequencing den Weg zu Demokratie und einer marktwirtschaftlichen Wirtschaftsordnung. Die polit … die Frage, ob die Einführung von Demokratie angesichts umfassender ökonomischer Reformen nicht besser verzögert werden … sollte. Nach einer theoretischen Betrachtung von Governance, Demokratie und Reformen folgt in diesem Beitrag ein Überblick …
Persistent link: https://www.econbiz.de/10008462098
While people in democracies can vote their government out when they are discontent with its policies, those in dictatorships cannot do so. They can only attempt to expel the dictator via mass protests or revolutions. Based on a general cause-and-effect mechanism, the author analyzes whether such...
Persistent link: https://www.econbiz.de/10009385887
Persistent link: https://www.econbiz.de/10009644622
This paper argues that current widespread characterizations of EU governance as multi-level and networked overlook the emergent architecture of the Union’s public rule making. In this architecture, framework goals (such as full employment, social inclusion, “good water status”, a unified...
Persistent link: https://www.econbiz.de/10005553213
In view of recent corporate scandals, it is argued that corporate governance can learn from public governance. Institutions devised to control and discipline the behavior of executives in the political sphere can give new insights into how to improve the governance of firms. Proposals in four...
Persistent link: https://www.econbiz.de/10005627873
specific elements of contract theory and the theory of the firm are introduced. By putting into contact these completely …
Persistent link: https://www.econbiz.de/10011154678
This paper revisits the relation between democracy, liberalization, and prosperity in transition countries, using a …-shaped relationship between political liberalization and growth is found, such that a rise in democracy levels promotes growth only under … initially low democracy levels. Furthermore, economic and political liberalization turn out to be positively related, but with …
Persistent link: https://www.econbiz.de/10009369541