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Can limited government be a driving force of economic development? This idea goes back to Montesquieu, and is closely related to recent research in institutional economics. Measuring limited government with the Henisz political constraints index, and economic development with income per capita,...
Persistent link: https://www.econbiz.de/10010289466
The economic history of Argentina presents one of the most dramatic examples of divergence in the modern era. What happened and why? This paper reviews the wide range of competing explanations in the literature and argues that, setting aside deeper social and political determinants, the various...
Persistent link: https://www.econbiz.de/10011994330
Western Balkan (WB) countries have a clear orientation towards the European Union (EU), all of them currently being candidate or potential candidate countries. Moreover, the EU is an important trading partner of the WB economies, therefore, there is a recognizable need for convergence of this...
Persistent link: https://www.econbiz.de/10012217885
Romania's economic growth is a target that can be achieved only within the accordance of all the economic sectors with the Europe 2020 Strategy. As provided in the Convergence Programme 2014-2020, this objective entails a series of steps that Romania must rigorously follow in order to be able to...
Persistent link: https://www.econbiz.de/10011725048
The goal of this research paper is to empirically assess the potential effects of macroeconomic determinants of economic growth and to determine the impact of income inequality on economic growth in the long-run in ten former socialist countries from Central and Eastern Europe (CEE) which are...
Persistent link: https://www.econbiz.de/10011725049
The aim of this paper is to explore whether postmaterialism explains differences in Total entrepreneurial-activity rates across Spanish Autonomous Communities. A distinction is made between potential entrepreneurs, nascent entrepreneurship, new business formation and Established business, as...
Persistent link: https://www.econbiz.de/10010280547
Economic development is one of the main aims of economic policy in many countries around the world. By strengthening the process of economic development, we can bring the state on the path of sustainable growth and ensure stability and security in it. The paper analyzes the main indicators of...
Persistent link: https://www.econbiz.de/10012017282
This study investigates the impact of institutional quality on Foreign Direct Investment (FDI) inflows using panel data for low, lower-middle, upper-middle and high-income countries for the sample period of 1996-2016 using the system Generalized Method of Moments (GMM). The empirical results...
Persistent link: https://www.econbiz.de/10012602805
The socioeconomic situation of European coalfields is highly heterogeneous. On the one hand, successful examples comprise regions that long ago embraced internationalization, innovation and/or restructuring strategies. In those regions where the aforementioned strategies were fruitful, the...
Persistent link: https://www.econbiz.de/10011787579
The world economy is evolving towards multipolar globalization, and China has become a new pole of economic development …. Ukraine, like other countries, is looking for ways to cooperate with China in the field of trade and investment. China, for … provide a basis for evaluation. The terms of trade between Ukraine and China are not symmetrical due to the difference in the …
Persistent link: https://www.econbiz.de/10013204670