A significant education and economic literature worries about the within-state inequality in public school spending, while the studies focus on the impacts of state constitution and political structure. Motivated by the literature and recent research on the effect of FDI on public education...

We study the determinants of the sectoral distribution of foreign direct investment (FDI) in Eastern Europe and Central Asia, focusing on the investment climate and state of democracy. Using a dynamic system generalized method of moments estimator, we examine twenty-one countries for the period...