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results, reach some conclusions about political and economic institutions that favour development and the political problems …
Persistent link: https://www.econbiz.de/10008559145
This paper discusses how the theory on the role of institutions in development can be improved, by critically examining … the current orthodox discourse on institutions. To understand the relationship between institutions and economic …
Persistent link: https://www.econbiz.de/10005747230
In 1980, Venezuelan income per capita in dollars was 1.4 times higher than that of Colombia, but in 2007, this ratio was reversed and the Colombian income was 1.1 higher than that of Venezuela. This result deserves an explanation, as both countries made similar structural reforms to allow a free...
Persistent link: https://www.econbiz.de/10005747271
La teoría económica y la evidencia empírica disponible apoyan la tesis de que el direccionamiento del gasto público hacia bienes de naturaleza privada, en detrimento del gasto en bienes públicos, inhibe el desempeño del sector agrícola. Este trabajo presenta un análisis de la influencia...
Persistent link: https://www.econbiz.de/10011786370
Economic theory and econometric evidence support the thesis that the displacement of government expenditures on public goods by subsidies to private goods inhibits the performance of the farm sector. This paper presents an analysis of the influence of the mix of expenditures related to...
Persistent link: https://www.econbiz.de/10011575820
There has recently been a resurgence of interest in how institutions affect economic performance. A review of this … across the social sciences. This paper discusses what factors unify the different definitions of institutions, and develops a … concept of institutions useful for the analysis of economic performance, and economic growth in particular. Specifically, it …
Persistent link: https://www.econbiz.de/10005697829
This article represents an approach to solve the key problem of the economic development theory, a mathematic description of the social and economic system during a long period of time, where one of the most important system property is manifested: a transition from a stable condition, economic...
Persistent link: https://www.econbiz.de/10009001990
This paper is based on the hypothesis that to feel individually and collectively respected is vital to private and public happiness because, as well as the sensation of comfort that it produces, respect creates a favorable context both for the acquisition of capabilities and for the opportunity...
Persistent link: https://www.econbiz.de/10008682157
Colombia is a society with grave problems of social exclusion. However it is possible to work toward social inclusion if the political and economic forces of the country restructured democratically. It is necessary to create a comprehensive system of social protection and social security, adjust...
Persistent link: https://www.econbiz.de/10005817014
Persistent link: https://www.econbiz.de/10003334148