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There is a consensus among scholars that institutions (i.e. norms and regulations) are country specific. The paper aims to contribute to the debate by examining the type of institutions which have been the most important for growth in transition countries. It employs a new set of the...
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Investment has been found to be a significant determinant of growth. This paper analyses the effects of institutions and transition progress on investment rates of transition economies since the collapse of the Socialist Bloc. Political institution is measured by the Freedom House's Political...
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Because excessive specialization can be risky, diversification matters for sustainable development. A case study of … Madagascar, this paper begins by briefly discussing economic and institutional diversification and presenting a simple model of … production possibilities to illuminate the possible contribution of diversification to economic and social development in …
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institutional environment for agrarian sector in Bulgaria, and its impact on newly evolving farming structure and on public …
Persistent link: https://www.econbiz.de/10014053222
There is a well-known debate about the role of institutions in explaining the long-term development of countries. We believe there is value-added to consider the institutions hypothesis at the micro level within a country to analyze the exact transmission channels linking endogenous...
Persistent link: https://www.econbiz.de/10010255777