Showing 1 - 10 of 1,557
a resource boom reinforces rent grabbing and civil conflict especially if institutions are bad, induces corruption … and bad growth prospects, and that these adverse effects are more severe in volatile countries with bad institutions and … lack of rule of law, corruption, presidential democracies, and underdeveloped financial systems. Another hypothesis is that …
Persistent link: https://www.econbiz.de/10010270490
For much of the 20th century, the informal economy in advanced western nations was depicted as a leftover from an earlier mode of production and disappearing from view. In recent decades, however, with the recognition that it persists and is even growing, it has been variously re-theorized as...
Persistent link: https://www.econbiz.de/10013010312
This paper measures the macroeconomic impact of recent political crisis, protest and uprisings in Africa with the generalized synthetic control method and evaluates the role played by natural resource dependence on the modulation of the impact. We find that political crisis, protests and...
Persistent link: https://www.econbiz.de/10012650707
The aim of this paper is to map the spatial variations in the size of the shadow economy within Brussels. Reporting data provided by the National Bank of Belgium on the deposit of high denomination banknotes across bank branches in the 19 municipalities of the Brussels-Capital Region, the...
Persistent link: https://www.econbiz.de/10012967075
institutions as well as its combination of macro-level and firm-level dimensions. Theoretically, we use the index to propose two …
Persistent link: https://www.econbiz.de/10014133871
discretion and hence the space for policy errors; (2) human resource policies, capacity building, effective anti-corruption …, and inclusive political institutions to inform and monitor policymaking …
Persistent link: https://www.econbiz.de/10013305678
We apply autoregressive distributed lag modeling approach to investigate the short- and long-run relationship between economic growth and informality in Uganda. We use annual time series data, covering the period from 1991 to 2017. We find evidence of short- and long-run relationship between...
Persistent link: https://www.econbiz.de/10013229033
Progress in achieving institutional changes should be evaluated through the prism of their influence on the development abilities of the relevant country. In Poland, during 20 years of comprehensive systemic shift, GDP increased more than in any other postsocialist country. To judge the...
Persistent link: https://www.econbiz.de/10010273403
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
nstitutions are not only created and built, but also, and especially, need to be learnt. It is a process which takes place in all economies, but acquires a special importance in less advanced countries. Not only theoretical arguments, but also the practical experience over the past 15 years...
Persistent link: https://www.econbiz.de/10010284550