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-colonial autocratic institutions within ethnic groups and the emergence of autocratic institutions across countries. Diversity has … amplified the importance of institutions in mitigating the adverse effects of non-cohesiveness on productivity, while … contributing to the scope for domination, leading to the formation of institutions of the autocratic type. …
Persistent link: https://www.econbiz.de/10011645955
creates continuous and dichotomous indices. We use the SVM indices to investigate the effect of democratic institutions on …
Persistent link: https://www.econbiz.de/10011804191
Persistent link: https://www.econbiz.de/10011407947
Persistent link: https://www.econbiz.de/10011438107
Myrdal did not cover China in his Asian Drama. If he did, he would have been most likely pessimistic about China, as he was about other Asian countries in his book. However, China has achieved miraculous growth since the transition from a planned economy to a market economy at the end of 1978....
Persistent link: https://www.econbiz.de/10011894344
The paper analyses the 20-year experience with transition in the SEE countries in a comparative framework, illustrating how these countries encountered difficulties in its implementation, despite having some of the best starting conditions in 1989 to implement a swift transition to a market...
Persistent link: https://www.econbiz.de/10008661219
Since the onset of the Arab Spring, economic uncertainty in Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen (Arab Countries in Transition, ACTs) has slowed already sluggish growth; worsened unemployment, particularly of youth; undermined business confidence, affected tourist arrivals, and...
Persistent link: https://www.econbiz.de/10013048367
In the years immediately preceding and certainly after the dissolution of the Soviet Union there was a widespread increase in the practice of religious faith traditions. Multiple studies document the post-communist religious revival (Evans & Northmore-Ball, 2012; Müller, 2011; Sarkissian, 2009; Tomka,...
Persistent link: https://www.econbiz.de/10014081036
Purpose - This paper introduces previously missing financial components(efficiency, activity and size) in the assessment of the finance-investment nexus. Design/methodology/approach - VAR models in the perspectives of VECM and short-run Granger causality are employed. Usage of optimally...
Persistent link: https://www.econbiz.de/10011410059
In this paper, we examine the experiences of the Korean economy alongside theoretical knowledge of economic development and structural change. To demonstrate the generalized hypotheses on structural change, input-output tables of Korea, from 1960 to 2010, were analyzed. Our interest in taking...
Persistent link: https://www.econbiz.de/10011537443