Between 1990 and 1994, the average size of the public sector in the Caribbean was just 16 percent of GDP, in the five years hence, the ratio has climbed and currently stands at 22 percent of GDP. While an expansion in the size of government usually results in the greater provision of services,...

The present study reports the findings of a survey conducted by the World Values Survey scientists in 59 countries on the question of whether governments should tax the rich and subsidize the poor. A 10-point Likert Scale was used to determine the extent of agreement or disagreement with the...

This article explores how the recent changes in Cuba, specifically reforming the foreign investing laws (Law No. 118), are likely to affect the future of international franchising in Cuba. Special attention is given to legal reforms, economic impacts, growth of entrepreneurs, and the likelihood...

Confidence in the federal government of the United States has been very low in recent years. The reasons for the low regard with which American politicians and institutions are held is apparent from reading the front page of every major newspaper in America. The constant lies by politicians, the...

The present study reports the findings of a survey conducted by the World Values Survey scientists in 60 countries on the question of whether governments should tax the rich and subsidize the poor. A 10-point Likert Scale was used to determine the extent of agreement or disagreement with the...

One question in the most recent World Values Survey asked whether it is an essential characteristic of democratic governments to tax the rich and subsidize the poor. The present study reports the findings of the survey conducted in South Korea. The overall response and relative ranking are...

One of the most salient features of the 21st century is the rising concern about economic inequality in many countries around the world to the point that it is assessed as “the defining challenge of our time.” Inequality has been observed with concern by multilateral organizations,...

Latin America suffers from low fiscal legitimacy. In many Latin American countries, fiscal performance and democratic governance are damaged by citizens' lack of trust and confidence in democratic fiscal institutions. One explanation for this distrust of the government's fiscal responsibility is...

Previous empirical studies analysing the effect of electoral systems on growth lack unanimous answers as they miss-specify mixed systems in the empirical setting, that is, they neglect to consider the proportionality degree of mixed electoral systems. This work supplies the missing answers by...

The aim of this study is to examine the effects of terrorism on economic growth experienced worldwide. More precisely these terrorist incidents and its effects on economic growth in most countries are classified according to income groups. In this respect, we conduct a panel study (FE and RE...