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Using a panel of 138 countries over 1994-2005 we identify a channel through which a media free from government control promotes domestic investment. We hypothesize that a free media may enhance socio-political stability creating a favorable investment climate that attracts investment. A...
Persistent link: https://www.econbiz.de/10013124459
This paper presents an interesting analysis of the role of financial development in boosting domestic investment of a country. The findings of the paper show that the responsiveness of investment to developments in the financial sector is conditional on the investment climate already in place....
Persistent link: https://www.econbiz.de/10013124523
Using a panel of 138 countries over 1994-2005 we identify a channel through which a media free from government control promotes domestic investment. We hypothesize that as media becomes freer socio-political stability is enhanced due to the creation of a favorable business climate that attracts...
Persistent link: https://www.econbiz.de/10013087936
This paper presents an interesting analysis of the role of financial development in boosting domestic investment of a country. The findings of the paper show that the responsiveness of investment to developments in the financial sector is conditional on the investment climate already in place....
Persistent link: https://www.econbiz.de/10013087996
While past studies had conflicting conclusions regarding the impact of foreign aid on growth and development of a nation, recent studies have tried to delve deeper into the question, ‘what makes aid work?’ (see, Dutta, Leeson, and Williamson, 2013; Burnside and Dollar, 2000, 2004; Svensson, 1999)....
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