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at all levels, good governance, and institutional reforms have played a more significant role in raising economic output … and efficiency in Estonia than in Georgia which remains marred by various problems related to weak governance in the …
Persistent link: https://www.econbiz.de/10014409064
We present a stylized real model of the Chinese economy with the objective of explaining two features: (1) domestic production is highly competitive in the sense that an accumulation of capital that raises the marginal product of labor elicits increases in employment and output rather than only...
Persistent link: https://www.econbiz.de/10012677576
This paper assesses the role of climate policies as a catalyst of low carbon technologies deployment through foreign direct investment (FDI). Leveraging detailed cross-border project-level information, it identifies "green" FDI and finds that a higher number of active climate policies is...
Persistent link: https://www.econbiz.de/10015058645
typically raise less revenue from domestic taxation, and that this creates governance problems because the lower domestic tax … that it is invariant to governance indicators …
Persistent link: https://www.econbiz.de/10014409045
This paper examines the effects of IMF financial assistance on economic governance in developing countries, based on … panel data analyses of perceived governance indicators. It uses a two-stage approach to address possible endogeneity issues … governance. Specifically, the paper finds statistically robust results that IMF concessional programs through the Poverty …
Persistent link: https://www.econbiz.de/10012677590
typically raise less revenue from domestic taxation, and that this creates governance problems because the lower domestic tax … that it is invariant to governance indicators. …
Persistent link: https://www.econbiz.de/10012685000
Intro -- Contents -- I. INTRODUCTION -- II. A CROSS-SECTIONAL LOOK AT CENTRAL BANK ACCOUNTS -- III. SOURCES AND USES OF SEIGNIORAGE -- IV. WHAT DETERMINES CENTRAL BANKS' OPERATING EXPENDITURES? -- V. CONCLUSIONS -- SAMPLE COUNTRIES -- NOTATION -- VALUATION ADJUSTMENTS -- REFERENCES.
Persistent link: https://www.econbiz.de/10012691030
Intro -- Contents -- I. INTRODUCTION -- II. RECENT DEVELOPMENTS IN NATURAL RESOURCES AND GOVERNANCE IN BOTSWANA -- III …
Persistent link: https://www.econbiz.de/10012691038
Persistent link: https://www.econbiz.de/10012691188
This paper provides a comprehensive analysis of the relationship between financial openness and total factor productivity (TFP) growth using an extensive dataset that includes various measures of productivity and financial openness for a large sample of countries. We find that de jure capital...
Persistent link: https://www.econbiz.de/10012677369