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We use a sample of 144 countries over the period 2003-2013 to investigate the link between democracy and regulatory … reforms. Democracy may be conducive to reform, as politicians embrace growth-enhancing reforms to win elections. On the other … World Bank’s Doing Business database. The results provide some support for the hypothesis that democracy is good for …
Persistent link: https://www.econbiz.de/10014152086
This paper questions the effect of democracy on regulatory reforms by mainly checking whether the observed differences … democracy. Our results, based primarily on the Oaxaca - Blinder decomposition approach, suggest that democracy is not the basis … of these observed differences. This calls into question the importance of democracy when it comes to unleashing the …
Persistent link: https://www.econbiz.de/10013554745
This article discusses the relationship between the identity of the rulers of the executive and reform. Thus, we enrich the literature on the determinants of reform and the result of the executive. This is a new and very important literature, as these are the reforms that allow progress. We use...
Persistent link: https://www.econbiz.de/10011436451
Social trust has been identified as a catalyst for reforms. We take the literature further in two ways. First, we make a fine-grained analysis of mechanisms through which social trust enables liberalizing reforms - by strengthening the ability to overcome obstacles in the political process...
Persistent link: https://www.econbiz.de/10011603967
, they ultimately failed to make Japan's democracy truly competitive and transform the nation's political culture as …
Persistent link: https://www.econbiz.de/10014264094
partial or captured democracy. We provide as well econometric support showing that even when de facto is modelled as a …
Persistent link: https://www.econbiz.de/10013157255
We examine how democracies choose their amount of checks and balances (C&B). For this purpose, we consider a simple model of political competition with costly policy reforms. The cost of a marginal reform is determined endogenously at the constitutional phase-i.e. before policies are...
Persistent link: https://www.econbiz.de/10013337980
The paper discusses the current and potential role of the European Neighbourhood Policy (ENP) in anchoring economic reforms in the countries of the EU's Eastern Neighbourhood. It claims that it is too early to assess the success of the ENP in this sphere especially given that the actual progress...
Persistent link: https://www.econbiz.de/10003824023
Broadly speaking, institutional reformers decide about the sequencing of types of reforms, either addressing institutional quality or macroeconomic stability. This paper develops a dynamic population game, in which agents play a simple anonymous-exchange game of cooperating or defecting. Agents...
Persistent link: https://www.econbiz.de/10013245802
Persistent link: https://www.econbiz.de/10000885441