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The article reviews the elements of the Marshall Plan after World War II, and relates its positive features to economic challenges of the end of the 20th century.
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This paper investigates the relationship between taxation and firm performance in developing countries. Taking firm-level data from the World Bank Enterprise Surveys (WBES) and tax data from the Government Revenue Dataset (ICTD/UNU-WIDER), our results suggest that tax revenue benefits to firm...
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Making use of considerably improved measures of infrastructure, we assess the impact of infrastructure on bilateral …-linear effects of overall infrastructure and infrastructure in transportation, communication, energy, and finance on trade in … of the gravity model. Importantly, we still observe significant and non-linear effects of infrastructure on bilateral …
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The relation between infrastructure and economic growth has been largely investigated in the literature, but the … empirical evidence found has proven to be controversial. This paper aims to empirically analyze the impact of infrastructure … stocks on economic growth. In spite of there being theoretical justification for taking infrastructure into account in …
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We raise the hypothesis that aid specifically targeted at economic infrastructure helps developing countries attract … higher FDI inflows through improving their endowment with infrastructure in transportation, communication, energy and finance … allocation of sector-specific aid, the determinants of infrastructure, and the determinants of FDI. We find fairly strong and …
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