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This paper surveys the literature on how democracy affects economic growth. The paper first presents descriptive statistics and brief case-descriptions to illustrate how democracy and dictatorship may affect growth. Thereafter, it evaluates five central arguments on democracy and growth, before...
Persistent link: https://www.econbiz.de/10011137998
India’s relations with Latin America and the Caribbean are more recent than with any other region of the world, for geographical and historic reasons. This piece seeks to trace the early associations, leading up to the consolidation of political and diplomatic relations in the twentieth...
Persistent link: https://www.econbiz.de/10011138595
key issues (including aid, trade, investment, security and governance) that constitute both the overarching Chinaâ …
Persistent link: https://www.econbiz.de/10011138645
of adequate infrastructure, which can support the growth process. The deplorably low levels of public investment have … improving the rate of infrastructure investment, the expected growth rate of 9 per cent and above at best would remain modest …. The Planning Commission of India has estimated that investment in infrastructure sector defined broadly to include road …
Persistent link: https://www.econbiz.de/10011139243
Australia’s economy has experienced profound change over the last decade in response to the opportunities generated by the expansion of the mining industry, the strength of the Australian dollar and ongoing competition within global markets. The new economic environment has, however,...
Persistent link: https://www.econbiz.de/10011139463
Latin America has been one of the most prosperous regions among the group of emerging economies. However, particularly in recent decades, Latin America has not managed to keep up with the growth of other emerging economies. This article lays out some reasons to explain the region’s...
Persistent link: https://www.econbiz.de/10011139739
Central Asian countries need private investment to promote growth and to meet economic diversification goals. This … article starts by looking at what we know about determinants of external and domestic investment, the key driver of private … sector growth. Country context matters greatly when judging the importance of business environments in determining investment …
Persistent link: https://www.econbiz.de/10011139742
Asian investment and economic engagement in Africa is a prominent feature of this decade. This newly prominent … partners. This article concentrates first on the dimensions of this engagement: trade and investment flows. It then focuses on …
Persistent link: https://www.econbiz.de/10011139744
, and to insist on better paths to investment return than those provided by Wall Street (mis)managers. Kotlikoff and Burns … economists and offer a new way forward; and their revolutionary investment strategy for individuals replaces the idea of …
Persistent link: https://www.econbiz.de/10011141137
The political dilemma presented by the deployment of large-size low-carbon technologies (LCTs) is analysed using a simple dynamic model to investigate the relation between irreversible investments and learning-by-doing within a context of exogeneous uncertainty about the carbon price. It is...
Persistent link: https://www.econbiz.de/10011141549