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This paper presents an integrated overview of the literature linking institutions, financial development and economic … impact of institutions on growth through financial development. … growth. From the large body of research on institutional development, the paper first selects those contributions that make …
Persistent link: https://www.econbiz.de/10011290078
activities, and the role of institutions on the environment among Asian countries for the period 2000-2018. The Environmental … presence of supporting institutions can be a viable source of green finance. In addition, our results also support the … performance. The environmental performance of the Asian region is negatively impacted by human capital development. …
Persistent link: https://www.econbiz.de/10012163875
the operation of the financial system. Finally, given the importance of financial development for economic growth, a more …
Persistent link: https://www.econbiz.de/10005138934
investment allocation is stronger in countries with highly developed financial systems and institutions. …
Persistent link: https://www.econbiz.de/10011065579
Despite reform efforts, the economic performance of Latin American countries during the 1990s was disappointing with the exception of Chile, which grew at almost 7% per year. This paper tries to explain this difference. Following recent literature that hi
Persistent link: https://www.econbiz.de/10005510170
institutions, natural resource rents cease to have a negative impact on long-term growth. Institutions in resource-based economies …
Persistent link: https://www.econbiz.de/10011472013
Persistent link: https://www.econbiz.de/10011407947
-colonial autocratic institutions within ethnic groups and the emergence of autocratic institutions across countries. Diversity has … amplified the importance of institutions in mitigating the adverse effects of non-cohesiveness on productivity, while … contributing to the scope for domination, leading to the formation of institutions of the autocratic type. …
Persistent link: https://www.econbiz.de/10011645955
We compile data for 186 countries (1919 - 2016) and apply different aggregation methods to create new democracy indices. We observe that most of the available aggregation techniques produce indices that are often too favorable for autocratic regimes and too unfavorable for democratic regimes....
Persistent link: https://www.econbiz.de/10011966711
The fundamental, underlying factors of development are often neglected when analyzing the question why countries … institutions have been found to be decisive for the break out of stagnation and for explaining cross-country income differences by … stages of economic development. Our paper aims to contribute to close this gap by focusing on the phenomenon of the middle …
Persistent link: https://www.econbiz.de/10012205933