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The purpose of the chapter is to analyze Africa's economic successes in the past half century, to understand not only what made it possible but also and more importantly what risk factors may eventually bring it to an end or compromise it. While it may not be possible for Africa to alter, for...
Persistent link: https://www.econbiz.de/10011794986
We test the hypotheses that fundamental characteristics in regional proximity, landlockedness, religious-domination, legal origin, and income levels affect cross-country differences in the persistence in political terror and political instability in 163 countries for the period 2010 to 2015. The...
Persistent link: https://www.econbiz.de/10012181789
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economic development. To answer this question, a new concept of the institutions-augmented Solow model is constructed. The … institutions-augmented Solow model fits the empirical data very well. It turns out that differences in physical capital, human … differences in economic development among the countries of the world. According to the institutions-augmented Solow model, the …
Persistent link: https://www.econbiz.de/10010228513
are guided by formal institutions as well as informal norms and values. As this survey shows, there is great regional … heterogeneity in gender inequality in formal and informal social institutions. The literature on long‐term drivers of gender gaps …, political and economic empowerment, access to resources, and social institutions on development outcomes. The paper then shows …
Persistent link: https://www.econbiz.de/10011518240
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through institutional mechanisms. The purpose of this paper is to explore the relationship between social sector institutions … and basic institutions, taking into account the economic development of countries and the way in which they are formed. A … number of empiric studies confirmed significant role of institutions to provide conditions for economic development. In order …
Persistent link: https://www.econbiz.de/10012020000
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natural resources rents may reduce incentives to invest in fiscal capacity. However, political institutions that limit rulers … mainly through institutions that make the tax system accountable and transparent. Thus it is possible to develop both fiscal …
Persistent link: https://www.econbiz.de/10012165580