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There have been many attempts to infer latent performance attributes of governments (or other institutions) from conditional comparisons that control for observed variables. Success in doing do could greatly improve government performance. The author critically reviews the econometric...
Persistent link: https://www.econbiz.de/10012572752
Good governance -- in the form of institutions that establish predictable, impartial, and consistently enforced rules for investors -- is crucial for the sustained and rapid growth of per capita incomes in poor countries. Aid dependence can undermine institutional quality by weakening...
Persistent link: https://www.econbiz.de/10012572789
Aid and conditionalities are the "carrots and sticks" of the conventional, direct approach to fostering economic development. The economic theory of agency is the most sophisticated treatment of the direct carrots-and-sticks approach to influencing human behavior. Considering the outcomes of the...
Persistent link: https://www.econbiz.de/10012572801
The most striking fact about the economic geography of the world is the uneven spatial distribution of economic activity, including the coexistence of economic development and underdevelopment. High-income regions are almost entirely concentrated in a few temperate zones, half of the world's GDP...
Persistent link: https://www.econbiz.de/10012572850
This paper assesses the effect of institutional quality on research and development (R&D) expenditures in developing countries. The paper finds that the risk of expropriation and the rule of law are correlated with R&D expenditures. Since both institutional variables increase as institutional...
Persistent link: https://www.econbiz.de/10012572978
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Persistent link: https://www.econbiz.de/10014314616
There has been much debate recently about the role of international development institutions, such as the World Bank in middle-income countries. Some observers have suggested that middle-income countries have reached a stage in their economic development that calls into question the rationale...
Persistent link: https://www.econbiz.de/10012573031
Inhaltsverzeichnis: Conditions of emergence of populism -- Populism -- Populism case studies Argentina and Bolivia -- Military dictatorships and debt-led growth (1965-1985) -- Case study : Chile -- The democratic period and neoliberal agenda -- Neoliberal case studies -- The New Left in Latin...
Persistent link: https://www.econbiz.de/10012658664