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After the peaceful passing of a referendum that dissolved the Union of Serbia and Montenegro in May 2006, people flocked to the streets to celebrate the establishment of Montenegro as a newly independent republic of about 630,000 people. While still part of the union with Serbia, Montenegro had...
Persistent link: https://www.econbiz.de/10012755071
Using a new data set on annual deaths from natural disasters in 48 nations from 1980 to 1999, this paper tests several hypotheses concerning disaster mitigation. While richer nations do not experience fewer natural disaster shocks than poorer nations, richer nations do suffer less death from...
Persistent link: https://www.econbiz.de/10012739920
For a long time family capitalism has been considered to be one of the distinguishing characteristics of the Italian economy. In Italy also large business organizations rely very often on this form of corporate governance. This paper examines both the actual institutional shocks and the missed...
Persistent link: https://www.econbiz.de/10012740168
This paper is dedicated to the relation between market development and democracy. We distinguish contexts and … preferences and ask whether it is true that the demand for democracy only emerges after a certain degree of market development is … European Bank for Reconstruction and Development and the World Bank, in 28 post-Transition countries. Our identification …
Persistent link: https://www.econbiz.de/10013316944
Small start-up firms are the engine of job creation in early transition and yet little is known about the characteristics of this new sector. We seek to identify patterns of job growth in this sector in terms of niches left from central planning and ask about differences in job creation across...
Persistent link: https://www.econbiz.de/10013320406
This paper focuses on the role of "institutions" in poverty alleviation, where both poverty and institutions are interpreted broadly. The broadening of the poverty notion is important at least from the policy perspective. Even if one were convinced that higher growth would reduce income poverty...
Persistent link: https://www.econbiz.de/10013320747
investment- and manufacturing-led growth model towards a consumption- and service-led model is associated with decreasing growth …
Persistent link: https://www.econbiz.de/10012205767
challenges India is facing and the policies and reforms that need to be implement to achieve sustainable development. …
Persistent link: https://www.econbiz.de/10010937201
This paper confirms the positive relationship between national technological size and technological diversification (following Cantwell, Vertova 2004 for major developed economies) for China over three periods: from its premarket status 1986-1990, through its rapid marketization of 1991-2000, to...
Persistent link: https://www.econbiz.de/10010928902
This paper discusses the possibility of China falling into the so-called middle income trap in terms of three checkpoints: innovation capability, world-class big businesses, and inequality. Based on these criteria, our conclusions are as follows: First, China has increasingly become innovative...
Persistent link: https://www.econbiz.de/10010929802