This paper explores the role of media in mitigating the adverse effects of ethnic diversity on economic policies using a pooled OLS approach. A freer media helps build a strong public consensus, generates public awareness, creates a transparent government and, thus, fosters development....

Previous literature has talked extensively about the relationship between a free (independent) press and corruption. A free press ameliorates corruption levels in a country by acting as a watchdog and making the government more transparent and accountable to the masses. Another strand of...

Using a panel of 138 countries over 1994-2005 we identify a channel through which a media free from government control promotes domestic investment. We hypothesize that a free media may enhance socio-political stability creating a favorable investment climate that attracts investment. A...

Using a panel of 138 countries over 1994-2005 we identify a channel through which a media free from government control promotes domestic investment. We hypothesize that as media becomes freer socio-political stability is enhanced due to the creation of a favorable business climate that attracts...

This paper empirically assesses the relationship between culture and a free press. The results reveal that a privatized or ‘free media' strongly influences informal institutions of a country or what is commonly known as culture. By providing unbiased and a wide variety information to the...

In our paper we establish foreign direct investment (FDI) as a major determinant of media freedom. Global integration can strengthen the media sector financially, make it technologically enhanced and can also improve the economic environment as a whole. This, in turn, would work towards the...