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The paper examines the link between poverty, the middle class and institutional outcomes using a new cross-country panel dataset on the distribution of income and expenditure. It uses an econometric methodology to gauge whether a larger middle class has a causal effect on policy and...
Persistent link: https://www.econbiz.de/10012975330
Migration is an important yet neglected determinant of institutions. This paper documents the channels through which emigration affects home country institutions and considers dynamic-panel regressions for a large sample of developing countries. The authors find that emigration and human capital...
Persistent link: https://www.econbiz.de/10012976175
will still not come to completion. The framework can be used to explain why gradual reforms worked well in China (where …
Persistent link: https://www.econbiz.de/10012972970
the World," is an idiosyncratic stocktaking of the trajectory of economics from Adam Smith to contemporary times, with … special attention to the rise of development economics. Given the challenges faced by the global economy in recent times, and … especially since 2008, it is time for a serious evaluation of economics for policy making. The paper comments on some potential …
Persistent link: https://www.econbiz.de/10012967913
user group (WUG) data from a reservoir irrigation system in China. The introduction of volumetric water pricing at the …
Persistent link: https://www.econbiz.de/10012966011
China has been the most rapidly growing economy in the world over the past 25 years. This growth has fueled a … inevitable as China introduced a market system, but inequality may have been exacerbated rather than mitigated by a number of …. The inability to sell or mortgage rural land has further reduced opportunities. China has a uniquely decentralized fiscal …
Persistent link: https://www.econbiz.de/10012747720
A void in the literature on the business environment is how it evolves over time. Focusing on China during its crucial … better educated, with more diverse sectoral experience. Market competition increased over time, especially after China …'s World Trade Organization entry. The paper offers suggestive evidence that this dual track development had negative …
Persistent link: https://www.econbiz.de/10012840717
Malawi can be understood as a microcosm of institutional reform approaches in developing countries more broadly. A common feature of such approaches, whether implemented by government or donors, is reform initiatives that yield institutions that "look like" those found in higher-performing...
Persistent link: https://www.econbiz.de/10012940862
The economic thinking around the role of agriculture for development has evolved since the 1950s. Over the past decades, the agriculture sector has been rediscovered as a sector with great potential for triggering growth, reducing poverty and inequality, providing food security, and delivering...
Persistent link: https://www.econbiz.de/10012947371
public sector. The basis for this study is "an accidental experiment" resulting from the World Bank's operational engagement … in Cameroon. In 2008, World Bank staff successfully concluded preparation on a project to support the Government of … reform possible. The paper confirms the value of using ideas from behavioral economics, both to design institutional reforms …
Persistent link: https://www.econbiz.de/10012974016