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Using a large, original database of 385 politically connected firms under the Mubarak regime in Egypt, we document for … the first time the negative impact of cronyism on economic growth. In the early 2000s, a policy shift in Egypt led to the …
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Providing context -- Reconceptualizing "business" and "state" in business-state relations -- Developing Egypt's "SMEs …"Examining business-state networks in Egypt (1991-2020), this book highlights the complicity of international actors in … liberalization have served as central partners in enabling elites to capture the fruits of Egypt's economic reforms. In the years …
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We develop a model of Schumpeterian growth where political connections with long-term politicians can be exploited by low-quality producers to defend their monopoly position and prevent innovation and entry of high-quality competitors. Through personal relationships developed with the incumbent...
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Using data on a panel of 56 democratic countries in the period 1975-2004, we find evidence of a negative association between political stability and economic growth which is stronger and empirically more robust in countries with high bureaucratic costs. Motivated by these results, which contrast...
Persistent link: https://www.econbiz.de/10013316400
Poverty is still a major problem in Pakistan. (...) We have long known that agricultural growth is closely related to poverty reduction. Recent studies (...) provide massive statistical evidence of this relationship. Rural growth and agricultural growth have a major effect on poverty reduction;...
Persistent link: https://www.econbiz.de/10001752887