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Numbers of economists of development consider that Good Governance, defined as the quality management and orientation of development policies has a positive influence on economic performance. The question is what content the literature gives to the concept of governance? According to the World...
Persistent link: https://www.econbiz.de/10012861806
of democracy in his country during his tenure. This effect is shown to be independent from the leader's education level …, as well as from his profession. Moreover, it is mainly driven by countries with a poor initial level of democracy. These …
Persistent link: https://www.econbiz.de/10010223621
This paper discusses the recent literature on the role of the state in economic development. It concludes that government incentives to enact sound policies are key to economic success. It also discusses the evidence on what happens after episodes of economic and political liberalizations,...
Persistent link: https://www.econbiz.de/10011450487
Objective: The objective of this article is to examine the role of democracy in strengthening the resilience of … objectives, we used the duration model to estimate how democracy can determine the probable duration of an economic growth spell …. Findings: By examining a panel of 96 developing countries observed in 1965-2015, we found that democracy is a resilience factor …
Persistent link: https://www.econbiz.de/10012803277
centuries. This unprecedented global growth coincided with the global proliferation of democracy, with some evidence for …
Persistent link: https://www.econbiz.de/10013245417
instability, namely terms-of-trade instability, on the quality of democracy. We take advantage of previous empirical findings …, aggregate aid flows can potentially dampen the effects of terms-of-trade instability on the quality of democracy. An empirical … results. -- democracy ; foreign aid ; terms-of-trade instability …
Persistent link: https://www.econbiz.de/10009316262
Persistent link: https://www.econbiz.de/10012498799
The “middle-income trap” is the phenomenon of hitherto rapidly growing economies stagnating at middle-income levels and failing to graduate into the ranks of high-income countries. In this study we examine the middle-income trap as a special case of growth slowdowns, which are identified as...
Persistent link: https://www.econbiz.de/10010790409
This volume examines the impact on economic performance of structural policies-policies that increase the role of market forces and competition in the economy, while maintaining appropriate regulatory frameworks. The results reflect a new dataset covering reforms of domestic product markets,...
Persistent link: https://www.econbiz.de/10010790490
democracy. This study examines India and Romania as developing and transition countries, respectively, to understand the effects …
Persistent link: https://www.econbiz.de/10012841495