We present a simple model that illustrates how democracy may improve the quality of economic institutions. The model further suggests that institutional quality varies more across autocracies than across democracy and that the positive effect of democracy on institutional quality is increasing...

Das vorliegende Sammelwerk untersucht in 13 Beiträgen den Verlauf der wirtschaftlichen Anpassung in den Staaten Polen, Ungarn, Ukraine, Kroatien und Slowenien. Die Entwicklungsprozesse und Erfahrungen dieser Länder werden verglichen und ihre Parallelen untersucht. Zudem werden...

The purpose of this study is to investigate the relation between regional convergence inside of countries in EU and overall economic growth, and, based on it, to establish some relevant behavioural regimes. As data sources we are using the available dataset NUTS 2 from EUROSAT for the period...

Is tourism an opportunity for lagging countries in the elusive quest for growth (Easterly, 2002)? Recent empirical evidence suggests that the answer is a cautious yes. Aggregate cross-country data show that tourism specialization is likely to be associated with higher per capita GDP growth rates...