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This paper explores the linkage between income growth rates and foreign direct investment (FDI) inflows. So far the evidence is rather mixed, as no robust relationship between FDI and income growth has been established. The authors argue that countries need a sound business environment in the...
Persistent link: https://www.econbiz.de/10012553707
across the world, using a set of newly constructed, comprehensive indicators of regulation in a large number of countries in …Regulation is purportedly enacted to serve specific social purposes. In reality, however, it follows a more complex … its justification and objectives, regulation can have potentially significant macroeconomic consequences, by helping or …
Persistent link: https://www.econbiz.de/10012553937
Being a utility regulator has perils because the independence of the regulator necessarily removes power from politicians, operators, and others. Furthermore, regulators are sometimes scapegoats for unpopular policies and unavoidably become involved in shaping the policies that they are supposed...
Persistent link: https://www.econbiz.de/10012554111
the world, and many of them could have been prevented if a prospective market monitoring process backed by the prevailing …
Persistent link: https://www.econbiz.de/10012554151
The question of the most effective order of reforming state-owned enterprises has been hotly debated over the years. In the early 1990s, many western advisers encouraged Eastern European countries, and the former Soviet Union, to privatize firms quickly under the assumption that market...
Persistent link: https://www.econbiz.de/10012559578
sets. This can be followed by advancing development of more sophisticated solvency regulation, increased use of technical …
Persistent link: https://www.econbiz.de/10012559633
The authors present new data on the regulation of the entry of start-up firms in 85 countries. The data cover the …
Persistent link: https://www.econbiz.de/10012573035
Countries around the world are liberalizing their telecommunications networks by privatizing incumbent state … data on countries around the world in 1913 and on European countries in 1892-1914 to test the effects of government …
Persistent link: https://www.econbiz.de/10012573063
commercialization, rigor of regulation, and the extent of competition. Meaningful interventions in microfinance will require making …
Persistent link: https://www.econbiz.de/10012552010
. The authors construct an index that measures the existence of laws and regulation that support mobile banking activity for … laws and regulation in supporting mobile banking. The analysis finds that a supporting regulatory framework is associated …
Persistent link: https://www.econbiz.de/10012560759