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Author : Luc Laeven
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 55 pages
Book Rating : 4./5 ( download)
Download or read book The Quality of the Legal System, Firm Ownership, and Firm Size written by Luc Laeven and published by World Bank Publications. This book was released on with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Luc Laeven
Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.70/5 ( download)
Download or read book The Quality of the Legal System, Firm Ownership, and Firm Size written by Luc Laeven and published by . This book was released on 2004 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Luc Laeven
Publisher :
ISBN 13 :
Total Pages : 55 pages
Book Rating : 4.22/5 ( download)
Download or read book The Quality of the Legal System, Firm Ownership, and Firm Size written by Luc Laeven and published by . This book was released on 2016 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: Employment in developing countries is disproportionately concentrated in very small firms. Laeven and Woodruff examine the extent to which the distribution of firm size is related to the quality of the legal system using data from Mexico. They combine Lucas' (1978) model of firm size with Himmelberg, Hubbard, and Love's (2001) consideration of idiosyncratic risk in a framework in which the distribution of entrepreneurial talent and aversion to idiosyncratic risk combine to determine the optimal size of firms. Their data allows them to focus on the differential impact of the legal system on proprietorships and corporations. Moreover, by focusing on firms in a single country, the data draw attention to the importance of variation in the administration of justice and the enforcement of legal verdicts. The authors find that Mexican states with more effective legal systems have larger firms. A one-standard deviation improvement in the quality of the legal system increases the average firm size by about 10-15 percent. The impact of the legal system is greatest in sectors in which proprietorships dominate. This pattern is consistent with better legal systems increasing the investment of firm owners by reducing the idiosyncratic risk they face. All of these findings are upheld when the authors instrument for institutional variables using the log of indigenous population in 1900 and the active presence of the drug trade in the state.This paper - a product of Financial Sector Operations and Policy Department - is part of a larger effort in the department to study the governance of firms.
Author : Jennifer Gandhi
Publisher : Routledge
ISBN 13 : 1317551796
Total Pages : 462 pages
Book Rating : 4.99/5 ( download)
Download or read book Routledge Handbook of Comparative Political Institutions written by Jennifer Gandhi and published by Routledge. This book was released on 2015-04-10 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Routledge Handbook of Comparative Political Institutions (HCPI) is designed to serve as a comprehensive reference guide to our accumulated knowledge and the cutting edge of scholarship about political institutions in the comparative context. It differs from existing handbooks in that it focuses squarely on institutions but also discusses how they intersect with the study of mass behaviour and explain important outcomes, drawing on the perspective of comparative politics. The Handbook is organized into three sections: The first section, consisting of six chapters, is organized around broad theoretical and empirical challenges affecting the study of institutions. It highlights the major issues that emerge among scholars defining, measuring, and analyzing institutions. The second section includes fifteen chapters, each of which handles a different substantive institution of importance in comparative politics. This section covers traditional topics, such as electoral rules and federalism, as well as less conventional but equally important areas, including authoritarian institutions, labor market institutions, and the military. Each chapter not only provides a summary of our current state of knowledge on the topic, but also advances claims that emphasise the research frontier on the topic and that should encourage greater investigation. The final section, encompassing seven chapters, examines the relationship between institutions and a variety of important outcomes, such as political violence, economic performance, and voting behavior. The idea is to consider what features of the political, sociological, and economic world we understand better because of the scholarly attention to institutions. Featuring contributions from leading researchers in the field from the US, UK, Europe and elsewhere, this Handbook will be of great interest to all students and scholars of political institutions, political behaviour and comparative politics. Jennifer Gandhi is Associate Professor, Department of Political Science, Emory University. Rubén Ruiz-Rufino is Lecturer in International Politics, Department of Political Economy, King’s College London.
Author : Gita Gopinath
Publisher : Elsevier
ISBN 13 : 0444543155
Total Pages : 773 pages
Book Rating : 4.58/5 ( download)
Download or read book Handbook of International Economics written by Gita Gopinath and published by Elsevier. This book was released on 2014-02-22 with total page 773 pages. Available in PDF, EPUB and Kindle. Book excerpt: What conclusions can be drawn from recent advances in international trade and international macroeconomics? New datasets, theoretical models, and empirical studies have resulted in fresh questions about the world trade and payment system. These chapters--six on trade and six on international macroeconomics--reveal the richness that researchers have uncovered in recent years. The chapters on foreign trade present, among other subjects, new integrated multisector analytical frameworks, the use of gravity equations for the estimation of trade flows, the role of domestic institutions in shaping comparative advantage, and international trade agreements. On international macroeconomics, chapters explore the relation between exchange rates and other macroeconomic variables; risk sharing, allocation of capital across countries, and current account dynamics; and sovereign debt and financial crises. By addressing new issues while enabling deeper and sharper analyses of old issues, this volume makes a significant contribution to our understanding of the global economy. Systematically illuminates and interprets recent developments in research on international trade and international macroeconomics Focuses on newly developing questions and opportunities for future research Presents multiple perspectives on ways to understand the global economy
Author : Richard Carney
Publisher : Routledge
ISBN 13 : 113401726X
Total Pages : 276 pages
Book Rating : 4.63/5 ( download)
Download or read book Lessons from the Asian Financial Crisis written by Richard Carney and published by Routledge. This book was released on 2009-01-13 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contributors provide an overview of developments in the affected countries during the 1997 Asian financial crisis; lessons learned and corrective measures taken; lessons learned by regional and international actors; how domestic, regional, and international politics have affected the outcomes; the identification of potential future problems, and levels of preparedness.
Author : Dennis C. Mueller
Publisher : OUP USA
ISBN 13 : 0195391179
Total Pages : 574 pages
Book Rating : 4.76/5 ( download)
Download or read book The Oxford Handbook of Capitalism written by Dennis C. Mueller and published by OUP USA. This book was released on 2012-04-19 with total page 574 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial crisis that began in 2008 and its lingering aftermath have caused many intellectuals and politicians to question the virtues of capitalist systems. The 19 original essays in this handbook, written by leading scholars from Asia, North America, and Europe, analyze both the strengths and weaknesses of capitalist systems. The volume opens with essays on the historical and legal origins of capitalism. These are followed by chapters describing the nature, institutions, and advantages of capitalism: entrepreneurship, innovation, property rights, contracts, capital markets, and the modern corporation. The next set of chapters discusses the problems that can arise in capitalist systems including monopoly, principal agent problems, financial bubbles, excessive managerial compensation, and empire building through wealth-destroying mergers. Two subsequent essays examine in detail the properties of the "Asian model" of capitalism as exemplified by Japan and South Korea, and capitalist systems where ownership and control are largely separated as in the United States and United Kingdom. The handbook concludes with an essay on capitalism in the 21st century by Nobel Prize winner Edmund Phelps.
Author : Andreas Freytag
Publisher : Springer Science & Business Media
ISBN 13 : 3540879102
Total Pages : 329 pages
Book Rating : 4.07/5 ( download)
Download or read book Entrepreneurship and Culture written by Andreas Freytag and published by Springer Science & Business Media. This book was released on 2009-12-01 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book is an innovative compilation of papers that explore the relationship between cultural features and entrepreneurship. The relative stability of differences in entrepreneurial activity across countries suggests that other than economic factors are at play. The contributions to this edited volume deal with the foundations of entrepreneurship and with the effects of different cultural settings on the incidence and success of entrepreneurs. Topics are individual decision making in a cultural context, regional aspects of entrepreneurship, cross-country differences, and the influence of culture on entrepreneurial activity.
Author : Ferid Belhaj
Publisher : World Bank Publications
ISBN 13 : 1464819254
Total Pages : 280 pages
Book Rating : 4.54/5 ( download)
Download or read book Towards a Learning State written by Ferid Belhaj and published by World Bank Publications. This book was released on 2022-10-06 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: The MENA region is facing important vulnerabilities, which the current crises—first the pandemic, then the war in Ukraine—have exacerbated. Prices of food and energy are higher, hurting the most vulnerable, and rising interest rates from the global tightening of monetary policy are making debt service more burdensome. Part I explores some of the resulting vulnerabilities for MENA. MENA countries are facing diverging paths for future growth. Oil Exporters have seen windfall increases in state revenues from the rise in hydrocarbon prices, while oil importers face heightened stress and risk—from higher import bills, especially for food and energy, and the depreciation of local currencies in some countries. Part II of this report argues that poor governance, and, in particular, the lack of government transparency and accountability, is at the root of the region’s development failings—including low growth, exclusion of the most disadvantaged and women, and overuse of such precious natural resources as land and water.
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1513575910
Total Pages : 414 pages
Book Rating : 4.19/5 ( download)
Download or read book The Global Informal Workforce written by International Monetary Fund and published by International Monetary Fund. This book was released on 2021-07-23 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Global Informal Workforce is a fresh look at the informal economy around the world and its impact on the macroeconomy. The book covers interactions between the informal economy, labor and product markets, gender equality, fiscal institutions and outcomes, social protection, and financial inclusion. Informality is a widespread and persistent phenomenon that affects how fast economies can grow, develop, and provide decent economic opportunities for their populations. The COVID-19 pandemic has helped to uncover the vulnerabilities of the informal workforce.
