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In the light of Mozambique's natural resources boom-especially its large-scale investments in mining, oil, and gas-this paper analyses the prospects for the extractive industries to contribute to economic transformation from an institutional perspective. To this purpose, we address the...
Persistent link: https://www.econbiz.de/10012301838
Turkey recently initiated a political change by replacing its parliamentary model with the presidential governmental system (PGS) to achieve, inter alia, a structural transformation from an efficiency-driven to an innovation-driven model of growth. To investigate the PGS's potential for...
Persistent link: https://www.econbiz.de/10012867801
The literature on aid effectiveness has focused more on recipient policies than the determinants of aid allocation yet a consistent result is that political allies obtain more aid from donors than non-allies. This paper shows that aid allocated to political allies is ineffective for growth,...
Persistent link: https://www.econbiz.de/10010653526
Industrial policy is back. Advocates for industrial policy argue that the important question is not whether such policies should be applied at all, but how to design and implement them. For the extractive industries this development poses a challenge. First, there is the argument that host...
Persistent link: https://www.econbiz.de/10011776473
domestic capital - in people, institutions, and infrastructure. Looking at the policy environment, this paper argues that the …
Persistent link: https://www.econbiz.de/10011913182
Industrial policy is back. Advocates for industrial policy argue that the important question is not whether such policies should be applied at all, but how to design and implement them. For the extractive industries this development poses a challenge. First, there is the argument that host...
Persistent link: https://www.econbiz.de/10011943764
This paper explores the link between Brazil's political institutions and its disappointing productivity and growth in … recent decades. Although political institutions provide the president with incentives and the instruments to pursue monetary …
Persistent link: https://www.econbiz.de/10011314042
Public-private collaboration in productive development policy in Costa Rica frequently takes the form of policy co-governance: an autonomous institution in charge of policy for a particular economic sector is created, with a board of directors comprising representatives from both the public and...
Persistent link: https://www.econbiz.de/10011314118
While Mexico has potential to grow rapidly, its economic growth has remained low for the past three decades. There is no consensus on the country's development path or on how to achieve specific goals. Since the policy debate remains ideological and lacks pragmatism, productive development...
Persistent link: https://www.econbiz.de/10010328212
The role of institutions in Asian development has been intensely contested since Myrdal's Asian Drama, with later … agree about the institutions that matter nor do they explain why similar institutions delivered such different results … across countries. Cultural norms and informal institutions clearly matter but the appropriate norms did not already exist in …
Persistent link: https://www.econbiz.de/10011943937