Showing 1 - 10 of 246
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 …
Persistent link: https://www.econbiz.de/10009020784
governance, and institutional reforms have played a significant role in raising economic output and efficiency in both Croatia …
Persistent link: https://www.econbiz.de/10008671692
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 …
Persistent link: https://www.econbiz.de/10009645630
good governance, including democracy. The paper then turns from anecdotal to econometric analysis by offering a quick …
Persistent link: https://www.econbiz.de/10008853863
I critically review recent studies that estimate those costs of violence and conflict that can emerge among organized political groupings, from states, religious and ethnic organizations to guerillas and paramilitaries. The review includes studies that estimate direct and indirect costs due to...
Persistent link: https://www.econbiz.de/10005013055
’s moral hazard behavior (i.e., improvement in the level of governance) leads to a fall in the proportion of tied aid. We test …
Persistent link: https://www.econbiz.de/10005765770
How many people should decide about monetary policy? In this paper, we take an empirical perspective on this issue, analyzing the relationship between the number of monetary policy decision-makers and monetary policy outcomes. Using a new data set that characterizes Monetary Policy Committees...
Persistent link: https://www.econbiz.de/10005766195
trends in performance, funding and governance of European universities. It also brings on board some evidence on support for … teaching and research, it needs to further improve especially on the quality dimension. The link between governance, funding …
Persistent link: https://www.econbiz.de/10005181327
This paper analyzes empirically differences in the size of central bank boards across countries. Defining a board as the body that changes monetary instruments to achieve a specified target, we discuss the possible determinants of a board’s size. The empirical relevance of these factors is...
Persistent link: https://www.econbiz.de/10005181616
how levels of conflict, economic performance, and governance might be related in Bolivia’s recent history. …
Persistent link: https://www.econbiz.de/10005405932