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Seminal arguments in political economy hold that citizens will more readily demand accountability from governments for taxes than for non-tax revenue from oil or aid. Two identical experiments on large, representative subject pools in Ghana and Uganda probe the effects of different revenue types...
Persistent link: https://www.econbiz.de/10012569921
Why do states choose multilateralism? We develop three theories that could explain this choice: a principal-agent model in which states trade some control over the policy for greater burden sharing; a normative logic of appropriateness; and hegemonic self-binding in which powerful states seek to...
Persistent link: https://www.econbiz.de/10013140782
Developing countries have increasingly opened their economies to trade. Research about trade policy in developed countries focuses on a bottom-up process by identifying economic preferences of domestic groups. We know less about developing countries. We analyze how economic and political...
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Debate over the effectiveness of foreign aid has raged on despite a paucity of information about recipients' actual views of development assistance, especially as citizens compare aid to domestic government programs. We argue that citizens may see foreign aid as an escape from clientelism...
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Foreign direct investment (FDI) has come to be seen as a promising avenue for boosting economic development. As a consequence, most developing countries now seek to attract FDI, often by making ex ante promises to foreign investors not to pass laws or regulations — or refrain from other...
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International trade agreements can help developing countries attract foreign direct investment. We ask whether differences in the specific provisions included in trade agreements have differential effects on FDI. Can trade agreements with more credible commitments to protect investment induce...
Persistent link: https://www.econbiz.de/10013093646
We address two questions that are central to the literature on the emergence of democracy and economic globalization. First, does democratization foster higher levels of trade and capital account openness? Second, do trade and capital account openness increase the likelihood of democratization?...
Persistent link: https://www.econbiz.de/10013157374