self-fulfilling multiple equilibria arise.I analyze the implications of this fragility for the governance of the Eurozone …. I conclude that the new governance structure (ESM) does not sufficiently recognize this fragility. Some of the features …

governance, and institutional reforms have played a significant role in raising economic output and efficiency in both Croatia …

shareholders) engage in corporate governance. In classical models, blockholders exert governance through direct intervention in a … governance by extracting private benefits of control or pursuing objectives other than firm value maximization. I highlight the …

We analyze whether or not the globalization of capital, ‘disciplines’ governments and improves governance. We … demonstrate that globalization affects governance, by increasing a country’s vulnerability to sudden capital flight. This … increased threat of capital flight can discipline governments and improve governance and welfare by placing countries in a …

good governance, including democracy. The paper then turns from anecdotal to econometric analysis by offering a quick …

order to examine this question, we designed a behavioral measure of the population’s desire for better governance. A … countries with better governance, especially return migrants. …

quality of governance) and the degree of market segmentation (depending on the level of ethnic fractionalization). The model …

environment, but not on a country’s initial per capita income. …