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According to economic theory, the clear definition of property rights is essential for well-functioning markets. Comparatively little attention, however, is given to explaining the development of these rights. Economic reasoning suggests that markets themselves call property rights into...
Persistent link: https://www.econbiz.de/10014101079
This article aims to contribute to the ongoing debate on post-capitalist economy by exploring the contours of a sustainability-oriented model of economic governance. To this end, the article analyzes the issues of sustainable development in the three main strands of international economic law...
Persistent link: https://www.econbiz.de/10012908461
market players fervently hoped for a bigger market. The regulatory competition between the US and the EU is more replica of …
Persistent link: https://www.econbiz.de/10014218900
This paper presents a survey of the literature on property rights and economic growth. It discusses different theoretical mechanisms that relate property rights to economic development. Lack of protection of property rights can result in slow economic growth through different channels:...
Persistent link: https://www.econbiz.de/10010320102
This paper investigates the determinants of economic growth emphasizing the role of institutional quality, social fragmentation, and increasing global integration on recent growth experience. Our longitudinal data consists of 103 countries covering the period 1992-2005. We find that democracies...
Persistent link: https://www.econbiz.de/10010282215
This paper presents an integrated overview of the literature linking institutions, financial development and economic growth. From the large body of research on institutional development, the paper first selects those contributions that make it possible to study the role of institutional...
Persistent link: https://www.econbiz.de/10011290078
The purpose of this paper is to establish a positive correlation between property rights and economic freedom. It seeks to demonstrate that property rights lead to economic freedom. From a purely theoretical perspective, it has been assumed that greater access to property rights leads to...
Persistent link: https://www.econbiz.de/10012437721
funding mix entails costs to society, such regulation actually helps create useful commitment for banks to avoid the …
Persistent link: https://www.econbiz.de/10011925841
entails costs to society, such regulation actually helps create useful commitment for banks to avoid the inefficiently high …
Persistent link: https://www.econbiz.de/10011977827
The last weeks of 2018 have set new records in net new institutional investment flows into infrastructure funds, with more generalist private equity and investment management players joining this strategic asset class par excellence, as the trend is likely to continue well into 2019 – 2020.The...
Persistent link: https://www.econbiz.de/10012893883