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democratic. Hanusch takes issue with my results - and by inference with all past empirical results on the relation between Islam …. He establishes his conclusion by excluding the heartland of Islam from the estimation sample. For his estimates, Hanusch … in the heartland of Islam. -- political institutions ; Islam …
Persistent link: https://www.econbiz.de/10009687187
This paper examines the evolving dynamics between economic globalization and Asian regional interdependence, and asks whether and how the global financial crisis impacted Asian regionalism. The analysis suggests that the global crisis did trigger advances in regional policy cooperation from 2007...
Persistent link: https://www.econbiz.de/10009487445
This paper examines the extent to which economic crises facilitate the development of more effective regional institutions and whether such institutions can shield regions from crises. It compares six regional economic crises over the last four decades and the institution building - or decay -...
Persistent link: https://www.econbiz.de/10011283417
This volume comprises several studies and papers published in the last decades. They have been selected and ranged so that to provide a minimum of coherence concerning the phases which Romania has crossed in her way to the advanced socio-economic system of European type: transition to the market...
Persistent link: https://www.econbiz.de/10010529088
In this chapter, we describe the essence and role of the institutions in the modern economic systems, the main issues concerning the institutional convergence in relation to the EU integration, the institutional capital and the impact of the quality and effectiveness of the institutions on...
Persistent link: https://www.econbiz.de/10010529090
We examine how donor government ideology influences the composition of foreign aid flows. We use data for 23 OECD countries over the period 1960]2009 and distinguish between multilateral and bilateral aid, grants and loans, recipient characteristics such as income and political institutions,...
Persistent link: https://www.econbiz.de/10009764976
The paper considers the experience of the European Investment Bank and addresses policy lessons for developing countries as they seek finance for development. The paper argues that the key lesson for developing countries is that the traditional role of a development bank in closing market gaps...
Persistent link: https://www.econbiz.de/10009712407
We provide an early assessment of the Juncker Commission's contributions to the ongoing reform of the euro area. In doing so, we present a chronological summary of the reform process up to 2014. At the time, the euro area architecture had undergone many changes. These were mainly focused on risk...
Persistent link: https://www.econbiz.de/10012167291
One of Islam's five canonical pillars is a predictable, fixed, and mildly progressive tax system called zakat. It was … few decades after the rise of Islam, zakat opened the door to arbitrary political rule and material insecurity. A major …
Persistent link: https://www.econbiz.de/10012125609
The ownership nationality of large US multinational companies plays an implicit but important role in the current debate over how such companies should be taxed. This paper identifies that role and investigates what is actually known about where these companies’ shareholders reside
Persistent link: https://www.econbiz.de/10011387732