We analyze, both theoretically and empirically, the influence of direct democratic institutions on the size and development of shadow economies. Our model suggests that, as the extent of direct democracy increases, implemented fiscal policies more nearly reflect the preferences of citizens and...

Several empirical studies have found that when exports are concentrated in natural resources countries experience slower rates of economic growth. Various potential channels for this relationship have been identified including Dutch disease, volatility in the terms of trade, and impacts on...

Nowadays, humanity encounters many problems connected to the use of natural resources. International actors have established diverse global initiatives and regional and national legal reforms linked to the issue. Thus, this study provides a comparison of selected provisions regarding information...