Investment

Recent Scholarly Publications

Records 24 / 25

Democracy and Economic Growth: Some Regularities

July 2013

Abstract: The paper summarizes and evaluates our current understanding of relations between democracy and economic growth and analyzes the mechanisms of the causality from democracy to growth....

Gurgaon and Faridabad - An Exercise in Contrasts

September 2009

There is a general sense that the legal system in India is inefficient.

Distribution of Highways Public Private Partnerships in India: Key Legal and Economic Determinants

September 2009

Private sector participation and private investment have become the mainstay of the Government of India's policy toward infrastructural development.

India's Intellectual Property Regime: A Counterbalance to Market Liberalization?

February 2009

The impact of intellectual property laws on national economic development is complex and poorly understood.

From Silkworms to Bungled Bailout: International Influences on the 1998 Regime Change in Indonesia

July 2008

In this paper, we argue that although international influences played a significant role in Indonesia’s democratic transition, Soeharto’s demise was not the consequence of diplomatic pressure or...

Political Economy of Power Sector Reform: The Experiences of Five Major Developing Countries

March 2007

Over the last fifteen years the world's largest developing countries have initiated market reforms in their electric power sectors from generation to distribution.

Iran's weakened hard-liners crave a US attack

February 2007

Bombing Iran will exacerbate, not resolve problems, Michael McFaul, Larry Diamond and Abbas Milani demonstrate in a new landmark article.

Do Stock Market Liberalizations Cause Investment Booms?

January 2007

Stock market liberalizations lead private investment booms.

Capital Account Liberalization, the Cost of Capital, and Economic Growth

January 2007

Capital account liberalization was once seen as an inevitable step along the path to economic development for poor countries.

Is Debt Relief Efficient?

January 2007

When developing countries announce debt relief agreements under the Brady Plan, their stock markets appreciate by an average of 60% in real dollar terms - a $42 billion increase in shareholder...

Firm-Specific Information and the Efficiency of Investment

January 2007

Peter Henry and Anusha Chari use a new firm-level dataset to examine the efficiency of investment in emerging economies.

Capital Account Liberalization: Theory, Evidence, and Speculation

January 2007

Writings on the macroeconomic impact of capital account liberalization find few, if any, robust effects of liberalization on real variables.

A Win-Win U.S. Strategy for Dealing with Iran

December 2006

In an article written for the current issue of the Washington Quarterly by Larry Diamond, Michael McFaull and Abbas Milani, suggests that the U.S.

Is Debt Relief Efficient?

December 2005

\When developing countries announce debt relief agreements under the Brady Plan, their stock markets appreciate by an average of 60% in real dollar terms - a $42 billion increase in shareholder...

Death and Development

December 2005

Analyzing a variety of cross-national and sub-national data, we argue that high adult mortality reduces economic growth by shortening time horizons.

Polygyny, Fertility, and Savings

December 2005

Sub-Saharan Africa has a high incidence of polygyny.

AIDS, Reversal of the Demographic Transition and Economic Development: Evidence from Africa

September 2005

This paper presents empirical evidence on a specific mechanism through which demographic transition affects economic growth.

Diffusion of Development, The

June 2005

We provide a simple framework relating cultural distance, genetic distance and differences in income per capita.

Chronic Disease Burden and the Interaction of Education, Fertility and Growth

January 2005

This study provides new evidence on the appropriate model of the economic and demographic transition. The episode analyzed is the eradication of hookworm disease in the American South (c. 1910).

Sources of Rationalized Governance: Cross-National Longitudinal Analyses, 1985-2002

August 2004

We assess the factors affecting national administrative rationalization in the context of the current worldwide movement for governance reforms.

Trade Liberalization and Growth: New Evidence

August 2004

This paper revisits the empirical evidence on the relationship between economic integration and economic growth.

Capital-Account Liberalization, the Cost of Capital, and Economic Growth

May 2003

Capital-account liberalization was once seen as an inevitable step along the path to economic development for poor countries.

Do Stock Market Liberalizations Cause Investment Booms?

December 2000

Stock market liberalizations lead private investment booms.

Debt Relief

January 2000

At the Gleneagles summit in July 2005, the heads of state from the G-8 countries - the United States, Canada, France, Germany, Italy, Japan, Russia and the United Kingdom - called on the...

People

Stephen D. Krasner Senior Fellow Professor, Political Science, Senior Fellow, Hoover Institution
Marcel Fafchamps Senior Fellow Professor, by courtesy, Economics
Jerry Kaplan Lecturer, CDDRL, Research Affiliate, CDDRL
Vanessa Melo Research Staff, CDDRL