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This paper explores the impact of antiquity on capitalism through the finance-growth nexus. We define antiquity as the length of established statehood (i.e., state history) and agricultural years. We argue that extractive institutions and deeply entrenched interest groups may prevail in...
Persistent link: https://www.econbiz.de/10012214952
This essay first sets out the "business model" problems entailed by corruption and their effects as well as … corrupt practices. However, different economic policies can be pursued that are compatible with corruption. Some are more pro … resemble fairly orthodox economic policy prescriptions. Eventually the abolition of corruption holds the greatest promise to …
Persistent link: https://www.econbiz.de/10011395143
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This essay first sets out the "business model" problems entailed by corruption and their effects as well as … corrupt practices. However, different economic policies can be pursued that are compatible with corruption. Some are more pro … resemble fairly orthodox economic policy prescriptions. Eventually the abolition of corruption holds the greatest promise to …
Persistent link: https://www.econbiz.de/10012975682
This essay first sets out the "business model" problems entailed by corruption and their effects as well as … corrupt practices. However, different economic policies can be pursued that are compatible with corruption. Some are more pro … resemble fairly orthodox economic policy prescriptions. Eventually the abolition of corruption holds the greatest promise to …
Persistent link: https://www.econbiz.de/10012551353
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