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Public-private collaboration in productive development policy in Costa Rica frequently takes the form of policy co-governance: an autonomous institution in charge of policy for a particular economic sector is created, with a board of directors comprising representatives from both the public and...
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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. …
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growth, development policy, market/government failure, institutions, spillovers, stylised facts. …
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We study economic growth in four emerging economies - Brazil, Russia, India, and China (BRIC). Questions addressed are: (a) How do medium term growth determinants differ from short term determinants? (b) What are differences between growth effects of aggregate versus disaggregated exports? And...
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This article investigates the effect of financial development on economic growth conditions well-developed institutions … data. We have empirically examined the relationship between financial development and institutions using the index of … institutions and that the effect of financial development on economic growth improves in the presence of the variable of economic …
Persistent link: https://www.econbiz.de/10011985126
The purpose of this paper is to develop an analytical framework for discussing the link between financial systems and economic growth. Financial systems help overcome an information asymmetry between borrowers and lenders. If they do not function well, economic growth will be negatively...
Persistent link: https://www.econbiz.de/10012115569