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This article develops linkages between business associations and economic growth viewed through the prism of new institutional economics. The literature on economic regulation, collective choice, and rent-seeking often portrays interest groups as redistributing wealth. In this article we present...
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This paper analyses macroeconomic aspects of exit from aid-dependence. By 'exit from aid', we mean substantial and enduring decline over time in Official Development Assistance (ODA) as a share of Gross Domestic Product (GDP). The relevant macroeconomic variables are identified by systematically...
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An Englishman once watched his first American football game. He looked intently as the team gathered into a huddle after each play. His American host asked him what he thought of the proceedings. “Not a bad sport,” remarked the visitor, “but they do seem to engage in an excessive number of...
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International analysis of economic growth has confirmed the theoretical assumption that international variations in per capita income can to a large extent be explained by differences in the accumulation of capital and human capital and by differing rates of technological progress. However,...
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Irland hat in letzter Zeit eine bemerkenswert positive Wirtschaftsentwicklung durchgemacht. Lassen sich aus dieser Entwicklung Lehren für Deutschland oder für andere Länder ziehen?
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