This paper argues that better governance practices can reduce the costs, risks and uncertainty of financial intermediation. Our sample covers high-, middle- and low-income countries before and after the global financial crisis (GFC). We find that net interest margins of banks are lower if...

This study examines 147 banking crises in the period of 1976-2011 documented by the International Monetary Fund. The countries affected by crises are analysed in respect of publicly available World Bank indicators in the periods of three years before the crises. Machine learning methodology for...

The starting point for the research has been the list of 147 banking crises within the period 1976–2011 prepared by the International Monetary Fund. The countries with crises have been analysed with respect to publicly available World Bank indicators in the periods of three years before the...

The principles of good governance, approved by the Committee of Ministers of the Council of Europe in 2008, are seen as markers that determine the level of implementation of democratic values in Ukraine, which is confidently moving along the European path of social development chosen by the...

Nowadays, humanity encounters many problems connected to the use of natural resources. International actors have established diverse global initiatives and regional and national legal reforms linked to the issue. Thus, this study provides a comparison of selected provisions regarding information...

We investigate the impact of health aid on infant mortality conditional on the quality of governance in 96 recipient countries. Our analysis applies the long difference estimator and instrumental variable estimation, with aid instrumented by donor government fractionalization interacted with the...