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What is the role of economic institutions in the effectiveness of fiscal policy? This paper argues that the extent to … determining role of institutions in emerging countries is more prominent than that in advanced economies which are pretty …
Persistent link: https://www.econbiz.de/10011852915
Most studies find that larger government is associated with slower long-run growth. However, which elements of government intervention drive the result and if the conclusion applies to all political regimes remains an open question, which this paper addresses. The findings indicate that...
Persistent link: https://www.econbiz.de/10014346283
hardships? The recent crisis has brought these questions to the forefront of the discussions among development institutions. Our …
Persistent link: https://www.econbiz.de/10011532279
institutions have been found to be decisive for the break out of stagnation and for explaining cross-country income differences by …
Persistent link: https://www.econbiz.de/10012205933
The so-called 'deep determinants' of economic growth and development (namely, geography, institutions, and integration …
Persistent link: https://www.econbiz.de/10012205937
We study the implications of two historical institutions, direct British rule, and the heterogeneous land tenure … institutions implemented by the British, on disparity in present day development using district level data from India. Using …
Persistent link: https://www.econbiz.de/10012508730
, Bosnia and Herzegovina, Kosovo*, the former Yugoslav Republic of Macedonia, Montenegro, Serbia and Turkey. Sound institutions … the quality of their institutions and economic governance over the past decade, it is crucial that they preserve the …
Persistent link: https://www.econbiz.de/10011634427
combine data on institutions with data on economic growth in order to determine which institutions are especially conductive … to growth. Our analysis is framed by the approach of a hierarchy of institutions in which political institutions provide … a framework in which contemporary political, economic and societal institutions develop and foster economic growht. This …
Persistent link: https://www.econbiz.de/10013459904
This paper reviews the key issues concerning the impact of public spending and taxation on long-run growth and inequality and takes stock of existing theoretical and empirical studies. Overall, the evidence highlights that the size of the government matters for long-term growth as a too large...
Persistent link: https://www.econbiz.de/10011578194
We explore the potential effects of the first leaders of Sub-Saharan Africa. We first outline a set of theoretical reasons for why leaders may matter particularly at the critical juncture of African independence and why this influence may be persistent. In an unbalanced panel from 40 African...
Persistent link: https://www.econbiz.de/10011346680