Auf der Tagung des Europäischen Rates in Kopenhagen wurde der Beschluss gefasst, die EU nach Osten hin zu öffnen und assoziierte Länder Mittel- und Osteuropas sowie Malta und Zypern in eine erweiterte Gemeinschaft aufzunehmen. Der Beitritt zur EU wurde dabei von der Erfüllung politischer,...

Contemporary policy debates on the macroeconomics of resource booms often concentrate on the short-run Dutch disease effects of public expenditure ignoring the possible long-term effects of alternative revenue-allocation options and the supply-side impact of royalty-financed public investments....

This paper analyses potential internal and external determinants of institutional change as measured by the World Bank Governance Indicators (WBGI) based on a panel of 25 transition countries for the period from 1996 to 2005. We show that natural resources and capital inflows exert an...

Auf der Tagung des Europäischen Rates in Kopenhagen wurde der Beschluss gefasst, die EU nach Osten hin zu öffnen und assoziierte Länder Mittel- und Osteuropas sowie Malta und Zypern in eine erweiterte Gemeinschaft aufzunehmen. Der Beitritt zur EU wurde dabei von der Erfüllung politischer,...

This paper investigates the effects of oil financed public investment on poverty using a dynamic multisectoral general equilibrium model featuring inter-temporal productivity spillovers, which may exhibit a sector-specific and regional bias. In general, the results bear out the expectation that...

This paper investigates the effects of oil financed public investment on poverty using a dynamic multisectoral general equilibrium model featuring inter-temporal productivity spillovers, which may exhibit a sector-specific and regional bias. In general, the results bear out the expectation that...

The empirical analysis of the determinants of institutional development in transition countries as well as the qualitative country studies summarized in this publication allow for some optimism concerning a potential impact of the EU on institution building and governance quality in CIS...

Contemporary policy debates on the macroeconomics of resource booms often concentrate on the short-run Dutch disease effects of public expenditure ignoring the possible long-term effects of alternative revenue-allocation options and the supply-side impact of royalty-financed public investments....