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The increasing realisation that governance quality is a fundamental element of long-run development has led to its consideration as a desirable development goal in its own right. To contribute to such a process, this paper provides a framework to set, measure and monitor governance goals in the...
Persistent link: https://www.econbiz.de/10010790222
While several studies have focused on the effect of natural resources on economic development, less attention has been paid to their effects on other development outcomes. We contribute to this literature by studying the impact of resource rents on fiscal capacity, i.e., the ability of states to...
Persistent link: https://www.econbiz.de/10012927641
Persistent link: https://www.econbiz.de/10014364222
Persistent link: https://www.econbiz.de/10014364223
While it is recognized that effective state institutions are pivotal for economic development, it is not well understood what their origins are and what explains their cross-country differences. We focus on budget institutions in developing economies, as efficient public finance planning in such...
Persistent link: https://www.econbiz.de/10011789041
Persistent link: https://www.econbiz.de/10009611843
There is increasing realisation that state capacity is a fundamental ingredient for effective governance, and is a crucial element of long-run economic development. This paper offers an overview of the strengths and limitations in current empirical research on the measurement of state capacity....
Persistent link: https://www.econbiz.de/10014147911
This paper reviews the recent literature on the developmental effects of resource abundance, assessing likely effects and channels with respect to income inequality, poverty, education, and health. To date, this area has received less analysis although it is relevant to the Sustainable...
Persistent link: https://www.econbiz.de/10012299602
States' fiscal capacity plays a pivotal role in developing economies, but it is less clear what its determinants are or what explains cross-country differences. We focus on the impact of natural resources. Standard arguments suggest that natural resources rents may reduce incentives to invest in...
Persistent link: https://www.econbiz.de/10012165580
We argue that tax revenues and political institutions placing constraints on the executive power may reinforce each other over time and so co-evolve in the long run. This may also bring a shift in the composition of revenues, from taxes levied on a narrow base to broadly levied taxes. To test...
Persistent link: https://www.econbiz.de/10012816439