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The abysmal economic performance by African States in the past three decades is attributable to a host of known factors – mismanagement of resources, graft, and bureaucratic corruption (Mauro, 1995); but of all the known culprits that have so far suppressed economic growth, none are more...
Persistent link: https://www.econbiz.de/10011257698
The level of economic development and the path taken to sustain such development are invariably deterministic of chosen forms of governance, and the political realities that inform them. The literature on political economy is near unanimity on this claim, especially as it pertains the...
Persistent link: https://www.econbiz.de/10008645072
On July 17, 1998, one hundred and twenty countries adopted a treaty in Rome to establish a permanent International Criminal Court in The Hague, Netherlands.1 This treaty is the culmination of decades of advocacy by leading human rights advocates around the world to establish an international...
Persistent link: https://www.econbiz.de/10008645078
The traditional arena of human rights discourse and practice made little or no allowance for the rapidly growing international phenomenon of bureaucratic corruption.1 In the recent past, states have consistently maintained that bureaucratic corruption, on the basis of the norm of...
Persistent link: https://www.econbiz.de/10008645089
The doctrine of nonintervention, a staple of traditional international law, provides that each state should refrain from interfering in the domestic affairs of other states. This prohibition includes not only military intervention, but also, in Hersh Lauterpacht’s formulation, all...
Persistent link: https://www.econbiz.de/10008693547
Intrinsically trustworthy agents never cheat. A society's willingness to trust and the quality of its institutions have their origins in the intrinsic trustworthiness of its citizens. Trustworthiness is the basis for maximizing output in economic exchange and in explaining differences in...
Persistent link: https://www.econbiz.de/10004976964
The instrumental variables strategy is commonly employed in empirical research. For correct inference using this econometric technique, the instruments must be perfectly exogenous and relevant. In fact, the standard t-ratio test statistic used in this context yields unreliable and often...
Persistent link: https://www.econbiz.de/10004976965
This paper introduces endogenous capital income tax rates as in Schmitt-Grohe and Uribe (1997), into the overlapping generations model with endogenous labor and consumption in both periods of life (e.g., Cazzavillan and Pintus, 2004). In contrast with the previous result that the existence of...
Persistent link: https://www.econbiz.de/10004976966
Israel’s policies regarding Lebanon have been dependent on public opinion, which is very volatile. The citizens of Israel did not favor the occupation of the security zone in South Lebanon because of the Four Mothers movement, and it influenced the government to withdraw military forces...
Persistent link: https://www.econbiz.de/10004976967
This research attempts a theoretical and quantitative analysis of authoritarian regimes enduring in the developing countries. We attempt computer visualization of the model developed by Acemoglu and Robinson in order to derive an empirical hypothesis easily. There is a reason for us to accept...
Persistent link: https://www.econbiz.de/10004976968