Showing 671,691 - 671,700 of 678,950
Economic growth and poverty reduction require for a country to establish efficient rules for economic and political transactions. Poor countries suffer from inadequate, inefficient transaction rules. Formal rules (e.g., laws, policies) must be nested in hospitable behavioural norms and values....
Persistent link: https://www.econbiz.de/10010279006
This paper looks at public sector debt in developing countries, being concerned specifically with the relationship between aid inflows and the public sector borrowing requirement net of aid loans. After examining the public sector budget constraint and various conditions under which aid might...
Persistent link: https://www.econbiz.de/10010279039
This paper models transnational terrorism as a three-way strategic interaction involving a government that faces armed opposition at home, which may spill over in the form of acts of terrorism by the state’s opponents against the government’s external sponsor. The external sponsor also...
Persistent link: https://www.econbiz.de/10010279041
This paper examines consumer preferences for the attributes of alternative sources of water supply in Chennai, based on a household survey where respondents were given the description of a set of options. Their decision to choose one of the options is examined using discrete choice models....
Persistent link: https://www.econbiz.de/10010279042
In many OECD countries income inequality has risen, but surprisingly redistribution has as well. The theory attributes … this partly to the redistributive effect of education spending. In the model income inequality and growth depend in an … technology requires more resources, which lowers pretax and posttax income inequality as well as growth. Using consistently …
Persistent link: https://www.econbiz.de/10010279047
In poor societies, asset accumulation serves as insurance. It also opens the door to wider inequality. Many societies prohibit certain types of accumulation, such as land sales or indenture contracts. This paper investigates the theoretical relationship between risk sharing, asset accumulation,...
Persistent link: https://www.econbiz.de/10010279076
Financial development is vulnerable to social conflict. Conflict reduces the demand for domestic currency as a medium of exchange and a store of value. Conflict also leads to poor quality governance, including weak regulation of the financial system, thereby undermining the sustainability of...
Persistent link: https://www.econbiz.de/10010279092
The paper examines two issues associated with aid and fiscal policy. First, how best the conditionality behind foreign aid, sometimes non-economic, is complied with in a principal-agent framework. In a multiple task and multiple principal framework, principals are better off cooperating and...
Persistent link: https://www.econbiz.de/10010279104
The objective of this paper is to review a number of issues related to poverty, while taking stock of the ongoing research. Most of the remaining unresolved issues in poverty analysis are related directly or indirectly to the dynamics of poverty. Before the development community can become more...
Persistent link: https://www.econbiz.de/10010279127
In this paper I analyze the economic incentives that govern the strategic relationship between the government and the independent media using a consistent analytical framework. The analysis focuses on the extent to which the ‘free’ press can act as a deterrent to corruption in governance. I...
Persistent link: https://www.econbiz.de/10010279132