This report estimates the "social rate of time preference" (SRTP) for New Zealand public policy appraisal using a Ramsey equation. It uses the Weitzman (1998) method to derive a declining discount rate schedule of 2% (real) for years 1-30, 1.5% for years 31-100, and 1% for years 101 on. The...

Israel's government is rapidly dismantling the separation of powers and expanding its control over the state apparatus. The military response to the attack by Hamas and other armed groups on 7 October 2023 appears to be leading to a permanent reoccupation of the Gaza Strip. The "voluntary"...

In the process of regional industrial evolution, the role of government in fiscal and administrative aspects has gradually gained attention in recent years. However, there is still a lack of discussion on how government land supply shapes industrial evolution. Using land-industry data from 2007...

This document presents the fifth round of the EQI data on regional governance in EU countries in the context of the previous four rounds (Charron, Dijkstra, and Lapuente, 2014; Charron, Dijkstra, and Lapuente, 2015; Charron, Lapuente, and Rothstein, 2013; Charron, Lapuente, and Annoni, 2019; Charron, Lapuente,...

This report estimates the "social rate of time preference" (SRTP) for New Zealand public policy appraisal using a Ramsey equation. It uses the Weitzman (1998) method to derive a declining discount rate schedule of 2% (real) for years 1-30, 1.5% for years 31-100, and 1% for years 101 on. The...

The purpose of this study was to detect from the literature the roles of the Government, investors, and regulators in ESG implementation in South Africa from 2002 to 2022. ESG implementation in South Africa ensures sustainable business practices are adopted by firms operating within the country....

A model of endogenous growth is presented, based on productive public expenditures, and featuring some degree of income inequality, and polarization in policy preferences. The main innovation lays in the political process determining capital taxation that relies, both on voting and on "influence...

As new trends are emerging worldwide, including innovation breakthroughs and the need for a sustainable approach to different aspects of economy and entrepreneurship, the need for orienting society towards sustainable entrepreneurial behavior is emerging. In this context, according to the...

In the wake of the COVID-19 pandemic, several countries resorted to various levels of lockdown as a panacea for the rampant spread of the virus. However, the imposed lockdown was not without economic challenges, particularly for the poor in developing countries. In response, the government of...

As new trends are emerging worldwide, including innovation breakthroughs and the need for a sustainable approach to different aspects of economy and entrepreneurship, the need for orienting society towards sustainable entrepreneurial behavior is emerging. In this context, according to the...

This study is the first to analyze the impact of domestic political unrest on Kuwait's stock market. Our data indicates a daily market decline of 0.16 percent during periods when the parliament is suspended. This translates to a 7.1 percent loss in the value of the Kuwait Stock Exchange for each...

In den vergangenen Jahren haben Bund, Länder und Kommunen ihren Personalbestand deutlich ausgeweitet. Dennoch wird vielerorts über einen Mangel an Personal geklagt, unter anderem weil zunehmende Regulierung zu Belastungen für das öffentliche Personal führt. Aufgrund des einsetzenden...

In the last five years, the European Union managed to find its way through a series of major shocks, including the pandemic and the 2022 surge in energy prices. The response was in many ways remarkable, including unprecedented EU borrowing to fund the NextGenerationEU economic recovery programme...

In recent years, there has been an increasing amount of research analyzing open government initiatives that enable access to the information held by public bodies, promoting accountability and the fight against corruption. As there are few studies on intermediate governments to date, this...

This paper offers a framework for understanding the origin of market-preserving government. The paper shows that when parties in a Hobbesian society end in an arms race rather than war, they can create a market-preserving government to maintain the no-war equilibrium at lower cost. The...

In the Gulf Cooperation Council (GCC) region, comprising Saudi Arabia, the United Arab Emirates, Kuwait, Bahrain, Qatar, and Oman, advanced urban planning and cutting-edge projects signify a dedication to modernity and prosperity. These nations, renowned for substantial energy reserves, are...

With much of the literature declaring little role for fnancial systems in boosting a nation's share of innovative entrepreneurs, this study argues that fnancial systems play an important role when other parts of the national business systems -skills and government- are weak. This argument is...

In the wake of the COVID-19 pandemic, several countries resorted to various levels of lockdown as a panacea for the rampant spread of the virus. However, the imposed lockdown was not without economic challenges, particularly for the poor in developing countries. In response, the government of...

Israel's government is rapidly dismantling the separation of powers and expanding its control over the state apparatus. The military response to the attack by Hamas and other armed groups on 7 October 2023 appears to be leading to a permanent reoccupation of the Gaza Strip. The "voluntary"...

A model of endogenous growth is presented, based on productive public expenditures, and featuring some degree of income inequality, and polarization in policy preferences. The main innovation lays in the political process determining capital taxation that relies, both on voting and on "influence...

We computationally reproduce the central findings in Mehmood (2022), which studied the effect of a 2010 reform in Pakistan replacing the presidential appointment of high-court judges with peer appointments. Mehmood leveraged judicial records interpreted and coded by lawyers in Pakistan at the...

With the unexpected onset of COVID-19, governments across the world responded with a range of preventive measures, including the imposition of lockdowns. To mitigate the adverse effects of lockdowns arising from supply chain shocks and employment loss, governments worldwide chose to implement...

This study examines the influence of fiscal councils on public opinion regarding fiscal issues. Using a survey-framing experiment on a representative sample of 900 inhabitants of the Czech Republic, the study evaluates how the framing of a message regarding the negative effects of rising...