While there's an outsized consensus within the empirical literature on the negative impact of corruption on the economic process, some studies still argue that corruption could also be economically justified. There is, however, little empirical evidence to validate the impact of corruption on...

We compare and contrast the economic growth performance of Estonia and Georgia since the collapse of the Soviet Union in 1991 in an attempt to understand better the extent to which the growth differential between the two countries can be traced to increased efficiency in the use of capital and...

This book argues that Peru faces an unprecedented opportunity to become the next success story in Latin America. In the coming five years, policy making could put the country on a development path similar to the one that, say, Chile, Costa Rica, or Spain have followed over the last two decades....

China's recent economic growth, along with rising corruption, challenges the widespread sanding wheels view of corruption. The lack of a general theory linking corruption and development prevents us from disentangling China's paradox. This paper aims to fill in this gap by providing the changing...

The use of GDP per capita as a measure of economic growth has been recently subject to a wide criticism by many economists. It has been observed that while some countries have experienced economic growth in recent years, income inequality and poverty continue to be exacerbated. Recently, SDG 8...

Der vorliegende Band enthält die Beiträge des 52. Forschungsseminars Radein. Der Sammelband untersucht, welche Rolle globale Instabilitäten auf volkswirtschaftliche und gesellschaftliche Entwicklung der Staaten bzw. Regionen haben und welche neuen wirtschaftspolitischen Konzepte gefragt sind,...

The Randstad is a poly-centric urban area in western Netherlands, comprising Amsterdam, Rotterdam, The Hague, Utrecht and several smaller cities. It is one of the most densely populated areas in the OECD, and has developed into an advanced urban economy with many leading sectors, such as...