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growth. Most of the studies surveyed show that privatization enhances privatized firms performance, efficiency, and … frameworks. Partial privatization may be beneficial in countries with weak institutions, namely, the French civil law countries … to economic growth. Overall, privatization allows firms to achieve improved efficiency while driving the development of …
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This paper presents an integrated overview of the literature linking institutions, financial development and economic growth. From the large body of research on institutional development, the paper first selects those contributions that make it possible to study the role of institutional...
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at the impact of certain financing components separately or using ratios, which may bias the estimation and lead to …
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