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Theory tells us that weak rule of law and institutions deter cross-border integration, deter investment relative to … business in North Korea, we consider how informal institutions have addressed these problems in a setting in which rule of law … and institutions are particularly weak. Given the apparent reliance on hedging strategies, the rapid growth in exchange …
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This paper presents an integrated overview of the literature linking institutions, financial development and economic … impact of institutions on growth through financial development. …
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This paper presents new institutional measures for Zambia. Coverage is of political rights and freedoms, of property rights, and of political instability. The sample period is from 1947 to 2007. Comparison of the indices with directly comparable Zimbabwean and Malawian series, shows strong...
Persistent link: https://www.econbiz.de/10008876349
my instruments are significant predictors of mortality and are otherwise excludable to institutions. Among other things … mortality strongly affected institutions in former colonies, yet it had no effect on institutions in the rest of the world. This … variable estimations, I show that also the relation between institutions and income is highly significant and that the …
Persistent link: https://www.econbiz.de/10008925019
Intellectual property law, which includes patents and copyright law, establishes the ownership of innovations by people. It conveys a bundle of rights to creators as determined by rules. Applied to intellectual property law, the normative question of growth economics is, “Which ownership rules...
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Public policy is currently shifting from SME policy towards entrepreneurship policy, which supports entrepreneurship without directing attention to quantitative goals and specific firms or employment groups. The institutional framework set by public policy affects the prevalence and performance...
Persistent link: https://www.econbiz.de/10008677920