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The economic history of Argentina presents one of the most dramatic examples of divergence in the modern era. What happened and why? This paper reviews the wide range of competing explanations in the literature and argues that, setting aside deeper social and political determinants, the various...
Persistent link: https://www.econbiz.de/10011885743
-conquest Americas, and that this fact supported rent-seeking and anti-growth institutions which help explain the disappointing growth …
Persistent link: https://www.econbiz.de/10011396463
The role of institutions in Asian development has been intensely contested since Myrdal's Asian Drama, with later … agree about the institutions that matter nor do they explain why similar institutions delivered such different results … across countries. Cultural norms and informal institutions clearly matter but the appropriate norms did not already exist in …
Persistent link: https://www.econbiz.de/10011922086
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Economists around the world rely in addition to official statistics on business (and consumer) surveys, which are more up-to-date. However, for many emerging and developing countries there is a lack of such surveys. This gap can, at least partly, be filled by the Ifo World Economic Survey (WES)....
Persistent link: https://www.econbiz.de/10011547810
This paper uses the Growth-at-Risk (GaR) methodology to examine how macrofinancial conditions affect the growth outlook and its probability distribution. Using this approach, we evaluate risks to GDP growth in the Dominican Republic using quarterly data for 1996-2018. We group macrofinancial...
Persistent link: https://www.econbiz.de/10012858379
Economists around the world rely in addition to official statistics on business (and consumer) surveys, which are more up-to-date. However, for many emerging and developing countries there is a lack of such surveys. This gap can, at least partly, be filled by the Ifo World Economic Survey (WES)....
Persistent link: https://www.econbiz.de/10012979100
system. Tax evasion undermines revenue collection, distorts competition, and undermines a country's development prospects. In …
Persistent link: https://www.econbiz.de/10012843516