Showing 1 - 10 of 127
This paper is concerned with economic consequences of unethical governance. A framework is set out, based on principles … programs intended to improve living standards. The purpose is to include ethics of governance, and, in particular, unethical … behavior of the strong toward the weak, in preconditions for economic development. …
Persistent link: https://www.econbiz.de/10005826516
order to create trust. This paper identifies over 200 post-1960 episodes of accelerations in financial development in a … large cross-section of countries. We find that the likelihood of an acceleration leading to sustained financial development …
Persistent link: https://www.econbiz.de/10008671297
Do foreign-educated individuals play a role in promoting democracy in their home countries? Despite the large amount of private and public resources spent on foreign education, there is no systematic evidence that foreign-educated individuals foster democracy in their home countries. Using a...
Persistent link: https://www.econbiz.de/10005768969
resource abundance can contribute to growth. It finds that governance determines the extent to which the growth effects of …
Persistent link: https://www.econbiz.de/10005263757
The coexistence of urban and rural poverty and migration to cities is studied in a dual economy model where the acquisition of skills is costly and involves migration to urban areas. In this model, both the distribution of innate abilities and the distribution of wealth matter for the migration...
Persistent link: https://www.econbiz.de/10005826021
This paper elaborates on a number of key principles that need to underpin a coherent and development …
Persistent link: https://www.econbiz.de/10005826269
declines. Monetary policy, financial development, per capita GDP, and the de jure exchange rate classification matter less …
Persistent link: https://www.econbiz.de/10005826402
effect, and promote financial development. These findings hold even after factoring in the reverse causality between … remittances, poverty and financial development. The paper posits that formalizing such flows can serve as an effective access …
Persistent link: https://www.econbiz.de/10005826522
We estimate the respective contributions of institutions, geography, and trade in determining cross-country income levels using recently developed instruments for institutions and trade. Our results indicate that the quality of institutions "trumps" everything else. Controlling for institutions,...
Persistent link: https://www.econbiz.de/10005826539
India has followed an idiosyncratic pattern of development, certainly compared with other fast-growing Asian economies …
Persistent link: https://www.econbiz.de/10005826605