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The world is experiencing its worst recession in 80 years. What started as US sub-prime financial turmoil has developed into the first global recession since the infamous 'Great Depression' of the early 1930s. However gloomy the perspectives for the very short term are, there will be a recovery...
Persistent link: https://www.econbiz.de/10010302522
The paper emphasizes the transition in Russia and the role institutions played before and during the process. In Russia …
Persistent link: https://www.econbiz.de/10010307928
: culture, corruption, and institutions. The last offers the most convincing explanation for mediocre growth. Hence, to raise … corruption; and above all, focused and sustained development of functional capitalistic institutions. …
Persistent link: https://www.econbiz.de/10011421133
results suggest that (particularly state) institutions aresignificant for growth and, especially, foreign direct investment …
Persistent link: https://www.econbiz.de/10010324449
capacity; * business climate, political institutions, and other institutional indicators (econometric analysis). 4. A test …
Persistent link: https://www.econbiz.de/10010326590
We study economic growth in four emerging economies - Brazil, Russia, India, and China (BRIC). Questions addressed are: (a) How do medium term growth determinants differ from short term determinants? (b) What are differences between growth effects of aggregate versus disaggregated exports? And...
Persistent link: https://www.econbiz.de/10010326923
entrepreneurs and how these actions depend upon the prevailing institutions. While institutions have extensively been examined for …
Persistent link: https://www.econbiz.de/10010335169
role of institutions and macroeconomic fundamentals on countries' adjustment to shocks. Our empirical analysis shows that … the associations of growth level, growth volatility, shocks, institutions, and macroeconomic fundamentals have changed in …
Persistent link: https://www.econbiz.de/10012064688
We study economies where improving the quality of institutions - modeled as improving contract enforcement - requires …
Persistent link: https://www.econbiz.de/10011940764
This paper uses data from 20 OECD countries to investigate the impact of welfare state institutions (especially … empirically. It shows that the impact of welfare state institutions is not as clear-cut as the deregulationists' view suggests … welfare state institutions are manifold but the most important reason is the complexity of the impacts. There are many side …
Persistent link: https://www.econbiz.de/10010262103