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The purpose of this paper is to analyze changes in governance in transition countries and to evaluate their distance to high-income OECD countries.
Persistent link: https://www.econbiz.de/10011123347
The aim of this paper is to analyze the relation between the utilization of the potential of the new global economy and the level of the operational activity of governments in highly developed countries. The empirical study was based on the following thesis
Persistent link: https://www.econbiz.de/10010779400
The main aim of this paper is to refresh the theoretical concept called Wagner’s Law which says that economic growth should be stipulated by increasing public expenditure. Observations of the long term trends lead to the conclusion that allocation of resources by the state systematically...
Persistent link: https://www.econbiz.de/10010875589
Desde los años 90s, se ha intensificado la discusión acerca de la necesidad de reformas tributarias de diversa índole en Costa Rica. A pesar de que algunas veces se han impulsado reformas ambiciosas, los resultados siempre han sido el fracaso o, en el mejor de los casos, cambios marginales...
Persistent link: https://www.econbiz.de/10010961294
Costa Rica atraviesa por un momento histórico importante. La crisis económica contribuyó a poner en evidencia los problemas económicos, políticos y sociales con los cuales los costarricenses se acostumbraron a vivir. Durante los últimos cincuenta años, nos acostumbramos a vivir de glorias...
Persistent link: https://www.econbiz.de/10010961301
, greater openness of the economy, and macroeconomic stability are indispensable. …
Persistent link: https://www.econbiz.de/10011421244
This paper shows that inflation crises may stimulate the accumulation of human kapital. A crucial idea is that high inflation undermines total factor productivity, which makes working and physical capital formation less attractive. If young agents consider high inflation to be temporary, they...
Persistent link: https://www.econbiz.de/10004983123
results indicate that the growing openness of the economy has contributed to sustaining the observed long run productivity …
Persistent link: https://www.econbiz.de/10005715179
, greater openness of the economy, and macroeconomic stability are indispensable. …
Persistent link: https://www.econbiz.de/10010684558
In this paper, we apply a convex hull approach to counterfactual analysis of trade openness and growth. The experiments … we choose evaluate the importance of trade openness for growth across African countries. Specifically, we ask the … with the literature arguing that greater trade openness would unequivocally lead to higher growth in Africa. …
Persistent link: https://www.econbiz.de/10010265984