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In this paper, we relate the scope and depth of regulatory reforms to growth outcomes in OECD countries. By means of a new set of quantitative indicators of regulation, we show that the cross-country variation of regulatory settings has increased in recent years, despite extensive liberalisation...
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privatization policies as a possible source of cross-country dispersion in growth outcomes. They suggest that, despite extensive … liberalization and privatization in the OECD area, the cross-country variation of regulatory settings has increased in recent years … its cross-country variance. Regressing MFP on both economywide indicators of regulation and privatization and industry …
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Political misalignment and greater ideological distance between donor and recipient governments may render foreign aid less effective by adding to transaction costs and eroding trust. In addition, development aid from the West may lead to adverse growth effects in the global South due to the...
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This paper uses the gravity model of trade to investigate the link between bilateral and multilateral foreign aid and exports. There are three primary findings from this approach. First, in the long term, the average return, in terms of an increase in the donor's level of goods exports, is...
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