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The modern hyperinflation cycle : some new empirical regularities
Saboin-García, José Luis - 2018
Using a database of up to 62 variables for 196 countries over 57 years, a hyperinflation cycle has been characterized to propose a broader setting of stylized facts. Beyond the usual facts, the findings in this paper contribute to the literature of modern hyperinflations in that these cycles...
Persistent link: https://www.econbiz.de/10011978555
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A governance dividend for Sub-Saharan Africa?
Hammadi, Amine; Mills, Marshall; Souza Sobrinho, Nelson … - 2019
Countries in Sub-Saharan Africa (SSA) tend to lag those in most other regions in terms of governance and perceptions of corruption. Weak governance undermines economic performance through various channels, including deficiencies in government functions and distortions to economic incentives. It...
Persistent link: https://www.econbiz.de/10012001456
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State institutions and tax capacity : an empirical investigation of causality
Akanbi, Olusegun A. - 2019
Would better state institutions increase tax collection, or would higher tax collection help improve state institutions …, the paper finds that tax capacity and state institutions cause and reinforce each other for a wide range of country groups …. The bi-directional causality results suggest that developing tax capacity and building state institutions need to go hand …
Persistent link: https://www.econbiz.de/10012103602
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Reallocating public spending to reduce income inequality : can it work?
Doumbia, Djeneba; Kinda, Tidiane - 2019
improves income distribution in countries with weak institutions and at higher risk of conflict. Reallocating social protection …
Persistent link: https://www.econbiz.de/10012103675
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Governance for inclusive growth
Ivanyna, Maksym; Salerno, Andrea - 2021
, and inclusive political institutions to inform and monitor policymaking …
Persistent link: https://www.econbiz.de/10012604784
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Assessing the macroeconomic impact of structural reforms in Ukraine
Ari, Anil; Pula, Gábor - 2021
been low investment, held back by lack of strong and independent institutions. This paper aims to assess the major areas of … economic institutions and market development. Our analysis identifies the legal system as the area where the institutional …
Persistent link: https://www.econbiz.de/10012604788
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Understanding Chile's social unrest in an international perspective
Hadzi-Vaskov, Metodij; Ricci, Luca Antonio - 2021
We aim to provide a broad descriptive overview of Chile's social issues, in comparison to other countries and over time, in order to place the recent social unrest in historical and international perspectives which can help prepare the ground for future policy priorities. We follow an eclectic...
Persistent link: https://www.econbiz.de/10012610701
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The macroeconomic impact of social unrest
Hadzi-Vaskov, Metodij; Pienknagura, Samuel; Ricci, Luca … - 2021
, unrest lowers confidence and raises uncertainty; however, its adverse effect on GDP can be mitigated by strong institutions …
Persistent link: https://www.econbiz.de/10012613425
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A time to build : does technical assistance matter for revenue mobilization?
Chami, Ralph; Darkey, Elorm; Williams, Oral Highworth - 2021
We use a unique data set for 115 countries, from 2000-18, and 5-year non-overlapping averages to explore the impact of technical assitance on revenue mobilization. To the authors' knowledge this is the first such effort to determine a direct relationship between technical assistance and the...
Persistent link: https://www.econbiz.de/10012518287
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Pricing protest : the response of financial markets to social unrest
Barrett, Philip; Bondar, Mariia; Chen, Sophia; … - 2021
that happen in emerging markets. Stronger institutions, particularly better governance and more democratic systems …
Persistent link: https://www.econbiz.de/10012518928