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We exploit a quasi-natural experiment to identify the effect of regulatory accumulation on economic growth. Following a decade of poor economic growth, the Canadian province of British Columbia implemented a regulatory budget in 2001. We use a difference-in-differences strategy to estimate the...
Persistent link: https://www.econbiz.de/10013222425
Social instability is a concept that economists rarely analyse, and yet it can lurk behind much economic policy-making.  China’s leadership has often publicly expressed its concerns to avoid ‘social instability’.  It is viewed as a threat both to the political order and to...
Persistent link: https://www.econbiz.de/10011133081
relevant threshold levels required for the various governance dynamics to cause Chinese FDI to equalise incomes in Africa. Our … propelling Chinese FDI towards the equalisation of incomes across the continent, governance mechanisms for ensuring political … stability, low corruption, and voice and accountability are keys. Finally, critical masses required for these three key …
Persistent link: https://www.econbiz.de/10012799903
The Afghanistan National Development Strategy (ANDS) is Afghanistan’s Poverty Reduction Strategy Paper (PRSP). Implementation of the ANDS is highly dependent on donor assistance. The main general objectives of the ANDS are to improve the quality of life of Afghan people and to reduce...
Persistent link: https://www.econbiz.de/10011244736
The decrease in the rule of law and in control of corruption in several EU countries is a threat to the cohesion in the … possibility of individuals to appeal to European courts to counter negative developments in governance in EU Member States. …
Persistent link: https://www.econbiz.de/10011516715
Corruption is widely believed to negatively affect economic growth. However, many East and Southeast Asia countries … either achieved or currently are achieving impressively rapid economic growth despite widespread corruption - the 'East Asian … of political institutions in mediating the corruption-growth relationship using panel data over one hundred countries for …
Persistent link: https://www.econbiz.de/10012102930
competitiveness, labour market and education and institutional governance. When comparing EU CC/PCC among themselves, large intra … the quality of their institutions and economic governance over the past decade, it is crucial that they preserve the …
Persistent link: https://www.econbiz.de/10011634427
This paper analyzes the conflicts of interest arising from the "revolving door". The revolving door is a common phenomenon, and it is unlikely that most of it can be explained by "regulatory capture", a practice that is unlawful. Therefore, there is a need for a new framework. This paper...
Persistent link: https://www.econbiz.de/10011640569
This paper examines the influence of the six World Governance Indicators (WGIs), as defined by the World Bank, on the … the WGIs shows that governance is diverse across countries, while stable over time. The first two PCs capture more than 95 …
Persistent link: https://www.econbiz.de/10015168520
This cursory literature review discusses the direct and indirect effects of institutions, governance, and democracy on … economic growth, and the following conclusions are drawn. First, institutions and governance have a positive effect on growth … but its net effect remains inconclusive. There remains unanswered the question of why institutions and governance matter …
Persistent link: https://www.econbiz.de/10005816506