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Risk, institutions and growth: Why England and not China?

Greif, Avner; Iyigun, Murat; Sasson, Diego - 2011

model incorporating England's and China's distinct pre-modern risk-sharing institutions. The model predicts a transition in … England and not China even with equal levels of risk sharing. Under the clan-based Chinese institution, the relatively risk …

Persistent link: https://www.econbiz.de/10010278525

What is infrastructure?

Buhr, Walter - 2003

After having pointed out the diverse uses of the term infrastructure in the literature on the market-economy, the different categories of infrastructure will be described. The argument in this context is that the classification of infrastructure suggested by Jochimsen has proved useful:...

Persistent link: https://www.econbiz.de/10010322069

Infrastructure of the market economy

Buhr, Walter - 2009

Infrastructure is the economic growth theory of the market economy. The missing comprehensive approach to infrastructure corresponds to the practiced neglect of the long-term policy objective of economic growth in the economic order of the German social market economy since its creation after...

Persistent link: https://www.econbiz.de/10010271485

The Chinese economy: How much market - how much state?

Taube, Markus - In: CESifo Forum 06 (2005) 3, pp. 3-7

Persistent link: https://www.econbiz.de/10011695806

The Lucas Paradox and the quality of institutions: then and now

Schularick, Moritz; Steger, Thomas M. - 2008

In the first era of financial globalization (1880-1914), global capital market integration led to substantial net capital movements from rich to poor economies. The historical experience stands in contrast to the contemporary globalization where gross capital mobility is equally high, but did...

Persistent link: https://www.econbiz.de/10010299133

Großer Sprung im zweiten Anlauf: 30 Jahre Wirtschaftsreformen in China

Steinherr, Alfred - In: DIW Wochenbericht 75 (2008) 51/52, pp. 825-836

zur zweitgrößten Wirtschafts- und Handelsmacht hat China Japan überholt und aufgeschlossen zur Europäischen Union als … Volksrepublik China seit 1978 übertrifft alles bisher Bekannte. Diese Dynamik ist umso beachtlicher, blickt man auf den gesamten … China das Wachstum der vergangenen Jahrzehnte aufrechterhalten kann, wird es in weniger als 15 Jahren die Vereinigten …

Persistent link: https://www.econbiz.de/10011601935

What lessons for economic development can we draw from the Champagne fairs?

Edwards, Jeremy; Ogilvie, Sheilagh - 2011

The medieval Champagne fairs are widely used to draw lessons about the institutional basis for long-distance impersonal exchange. This paper re-examines the causes of the outstanding success of the Champagne fairs in mediating international trade, the timing and causes of the fairs' decline, and...

Persistent link: https://www.econbiz.de/10010274973

Myths and truths: The law and finance Theory revisited

Graff, Michael - 2006

The law and finance theory predicts that the common law system provides the best basis for financial development and economic growth, followed by Scandinavian and German origin civil law and finally French origin civil law. Referring to a number of sceptical views, this paper argues that the...

Persistent link: https://www.econbiz.de/10010285872

Improving Credibility by Delegating Judicial Competence: The Case of the Judicial Committee of the Privy Council

Voigt, Stefan; Ebeling, Michael; Blume, Lorenz - 2004

It is argued that government credibility is an important resource and that it can be improved by delegating decision-making competence beyond the nation-state. It is hypothesized that such delegation should result in higher income and growth. Some former British colonies retained the Judicial...

Persistent link: https://www.econbiz.de/10010263276

Handbook of ancient Afro-Eurasian economies. Volume 1: Contexts

von Reden, Sitta (contributor) - 2020

shaped different understandings of economic and imperial development as well as Silk-Road exchange in Russia, China, India …

Persistent link: https://www.econbiz.de/10014280314