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economy is also a¤ected by the di¤usion of corruption, its impact depending upon the cost of detecting a bribe agreement. When …
Persistent link: https://www.econbiz.de/10005802040
We propose in this paper a survey over the evolution of growth theory with respect to public spending. Building on evidence from neoclassical growth models, we emphasize growth effects of public spending in the endogenous growth literature, and particularly in the Barro (1990) model with...
Persistent link: https://www.econbiz.de/10005612240
This Selected Issues paper reviews the extent to which growth in Ethiopia has translated into higher living standards. A key feature of the economic strategy has been an explicit commitment to poverty reduction and structural transformation. This is underpinned by the vision of a...
Persistent link: https://www.econbiz.de/10011244172
in the rural world, and the effect that corruption has in the political game that determines these allocation decisions …. In the first section of this paper we develop a political economy model where corruption and trade openness counteract to … recently released data on rural public expenditures in Latin America. We find that corruption reduces the amount of public …
Persistent link: https://www.econbiz.de/10005755062
when the government is more stable. Corruption is associated with less spending in developing countries, but with more … corruption are fundamental to improving the capacity of developing countries to scale up GHE, and to increasing the efficiency of … stronger monitoring mechanisms for corruption. Delivering aid through NGOs may be an option in countries with high ethnic …
Persistent link: https://www.econbiz.de/10010829325
This paper analyses how proportionality of the electoral system, political competition and corruption affect the total … time, a campaign was waged against the corruption of public bureaucrats. The aim of this work is to study the political … rules), the intensity of political competition in the "votes' market" and the corruption of public bureaucracy. We used …
Persistent link: https://www.econbiz.de/10005579718
Despite a deep recession in 2009 and weak growth in subsequent years, Hungary’s fiscal position compares favourably with many other OECD countries. Nonetheless, the underlying fiscal balance started deteriorating in 2010 and 2011. Recognising this, Hungary’s government launched an ambitious...
Persistent link: https://www.econbiz.de/10011276894
This paper examines various aspects of fiscal policy in Slovenia, in particular fiscal consolidation, pension reform, efficiency of government spending and the tax system. It finds that Slovenia belongs to the group of new EU member countries, which have given in the past a high priority to...
Persistent link: https://www.econbiz.de/10008498030
Persistent link: https://www.econbiz.de/10011393221
Persistent link: https://www.econbiz.de/10010512140