The Black Sea Region (BSR) has emerged as an important intersection of political, economic and security considerations and is now firmly into the attention and policy focus of the European Union and other international organizations. Increased movement of people, terrorist threats, economic...

Almost all major development institutions today say that promoting good governance is an important part of their agendas. Despite this consensus, 'good governance' is an extremely elusive objective: it means different things to different organizations and to different actors within these...

In this paper we analyze the influence of direct democratic institutions on the size and development of the shadow economies. The framework developed predicts a negative relationship between the degree of direct democracy and the size of the shadow economy. Countries where direct democratic...