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Motivated, in part, by the new quot;rule of lawquot; paradigm in development economics, we examine the role of institutions, broadly defined, on the rate of mobile network build-out. We find that the quot;strictquot; rule of law (i.e., strong protection of private contract and property) does not...
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The activity of lobbying in an economy is one which has numerous societal costs and benefits. The most significant effect is how far from the optimum productivity curve does it move an economy. Is the net effect a negative or positive gain in social welfare measured by standard of living and...
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expanding domain of international intervention into the Third World. This thesis asks why this is so, taking seriously the idea … universal applicability which has inspired attempts by the Third World to use international law as a site of political struggle …. This project has made the idea(l) of self government in the Third World illusory and vulnerable to capture by rent …
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As a new international economic policy, microtrade will face a whole host of issues, including potential legal cultural obstacles. Those legal cultural issues will arise as a result of the different and sometimes conflicting legal cultures of the varied participants within the different fora and...
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This paper documents that resource reallocation across firms is an important mechanism through which creditor rights affect real outcomes. I exploit the staggered adoption of an international convention that provides globally consistent strong creditor protection for aircraft finance. After this...
Persistent link: https://www.econbiz.de/10012668205
Promotion of foreign direct investment (FDI) and trade liberalization on both global and regional levels has been considered to be beneficial for the economic development of developing countries. Current WTO rules support regional trade liberalization and prohibit certain trade-related...
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