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liberalization. Second, democracy has a negative effect on growth during the contraction, whereas its effect appears insignificant … apparently go beyond deteriorating economic performance. The level of democracy, in contrast, increases the support for the …
Persistent link: https://www.econbiz.de/10010301318
liberalization. Second, democracy has a negative effect on growth during the contraction, whereas its effect appears insignificant … apparently go beyond deteriorating economic performance. The level of democracy, in contrast, increases the support for the …
Persistent link: https://www.econbiz.de/10010515695
controlling for endogeneity of liberalization in growth). (2) Democracy facilitates economic liberalization. (3) Because of its … effect on liberalization, democracy has a positive overall effect on growth. Nevertheless, the marginal effect of democracy … subsequent democracy appears negative. (5) Economic performance is an important determinant of electoral outcomes and, in …
Persistent link: https://www.econbiz.de/10014126744
In Romania, the communist regime promoted an official policy of gender equality for more than 40 years, providing equal access to education and employment and restricting pay differentiation based on gender. After its fall in December 1989, the promotion of equal opportunities and treatment for...
Persistent link: https://www.econbiz.de/10011279609
It has recently become customary to argue that Russian economic transformation since 1991 has failed because of bad policy advice and mistaken policy choices. Though Russia's performance leaves much to be desired, such criticisms are based on a failure to analyse the real choices available to...
Persistent link: https://www.econbiz.de/10013098903
. Statistically significant variables include the degree of ethnic fractionalization and an index of democracy, both of which were … enforce legal and general rules of the economic game, reap positive benefits for democracy, and overcome the negative economic …
Persistent link: https://www.econbiz.de/10012779017
We present a model of agents facing the uncertainty of two future forms of government who are able to insure against this uncertainty by hiding funds from taxation. In order to choose whether or not to hide funds from taxation, agents need to know policy choices that each government would make...
Persistent link: https://www.econbiz.de/10013013766
This chapter takes stock of growth trends in Belarusian economy since 1996, reviews the evidence of accumulated challenges and risks within the existing growth patterns, and provides policy recommendations aimed at strengthening growth sustainability. In sum, while economic growth in Belarus in...
Persistent link: https://www.econbiz.de/10013058110
This paper develops additional economic arguments to emphasize the potential importance of the Diasporas' contribution to economic transformation of former socialist economies. At the same time, it argues that so far this potential has been grossly underutilized, especially in the economies of...
Persistent link: https://www.econbiz.de/10013058111
In Romania, the communist regime promoted an official policy of gender equality for more than 40 years, providing equal access to education and employment, and restricting pay differentiation based on gender. After its fall in December 1989, the promotion of equal opportunities and treatment for...
Persistent link: https://www.econbiz.de/10013316716