Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/93545 
Erscheinungsjahr: 
2011
Schriftenreihe/Nr.: 
UPSE Discussion Paper No. 2011-07
Verlag: 
University of the Philippines, School of Economics (UPSE), Quezon City
Zusammenfassung: 
We investigate the extent to which the investment slowdown in many Asian countries since the Asian Financial Crisis is attributable to changes in governance institutions. In the process we test the more general hypothesis that different aspects of governance will become relevant constraints to investment and growth at differing levels of countries' development. This hypothesis is validated and explains a standing paradox that finds certain governance aspects - notably voice and accountability and control of corruption - do not apparently figure as explanations in the average growth record. We show that in fact they do, though only at certain levels of development.
Dokumentart: 
Working Paper

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