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This cursory literature review discusses the direct and indirect effects of institutions, governance, and democracy on … economic growth, and the following conclusions are drawn. First, institutions and governance have a positive effect on growth … but its net effect remains inconclusive. There remains unanswered the question of why institutions and governance matter …
Persistent link: https://www.econbiz.de/10005816506
estimation methods. However, the analysis suggests that good governance, trade-openness, and coordinating infrastructure …
Persistent link: https://www.econbiz.de/10010757298
There is a consensus among scholars that institutions (i.e. norms and regulations) are country specific. The paper aims to contribute to the debate by examining the type of institutions which have been the most important for growth in transition countries. It employs a new set of the...
Persistent link: https://www.econbiz.de/10011524879
Systemic economic transition is a process of determined radical institutional change, a process of building new institutions required by a market economy. Nowadays, the experience of transition countries with the implementation of new institutions could be reviewed as a method of economic...
Persistent link: https://www.econbiz.de/10009316785
Systemic economic transition is a process of determined radical institutional change, a process of building new institutions required by a market economy. Nowadays, the experience of transition countries with the implementation of new institutions could be reviewed as a method of economic...
Persistent link: https://www.econbiz.de/10009127456
' fragile governance quality. Nonetheless, the optimism, which we provide by way of threshold analysis shows that channelling … resources into the development of these governance dynamics yield positive net effects from the short-term through to the long … structures for fighting corruption while addressing fragilities in regulatory quality and government effectiveness are …
Persistent link: https://www.econbiz.de/10012817924
Purpose Effective business and investment climate can lead to a higher rate of investment, profits and improved productivity, through the creation of an institutional environment, where the state provides high-quality public goods. This study aims to explore the impact of the business-investment...
Persistent link: https://www.econbiz.de/10013413516
This paper analyzes the existing relationship between ethnic fractionalization, corruption and the growth rate of a … country. We provide a simple theoretical model. We show that a nonlinear relationship between fractionalization and corruption … exists: corruption is high in homogeneous or very fragmented countries, but low where fractionalization is intermediate. In …
Persistent link: https://www.econbiz.de/10009367435
Who really wins from foreign direct investment (FDI) and by how much? Should winners care about corruption? Building on … evidence of heterogeneity in the FDI-growth relationship, we propose a semiparametric model that allows corruption to influence … of instrumental variables. We find evidence that corruption has a sizeable nonlinear role in the FDI-growth relation …
Persistent link: https://www.econbiz.de/10011117993
Government corruption is more prevalent in poor countries than in rich countries. This paper uses cross …-industry heterogeneity in growth rates within Vietnam to test empirically whether growth leads to lower corruption. We find that it does. We … results suggest that as poor countries grow, corruption could subside …
Persistent link: https://www.econbiz.de/10011084684