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Can autocracies and their associated institutions successfully implement economic policies that promote growth and investment? Can "good economics" somehow offset the effects of "bad" politics? Kazakhstan is a case where an autocratic regime has actively projected market-friendly policies and...
Persistent link: https://www.econbiz.de/10015394232
Business and politicians' interaction is pervasive but has mostly been analyzed with a binary approach, id est either a firm is connected to a politician or not. Yet the network dimensions of such connections are ubiquitous. This paper uses use a unique data set for seven economies that...
Persistent link: https://www.econbiz.de/10011871282
It is widely accepted that the costs of underpricing energy are large, whether in advanced or developing countries. This paper explores how large these costs can be by focussing on the size of the external effects that energy subsidies in particular generate in two important sectors—transport...
Persistent link: https://www.econbiz.de/10012564383