Zusammenfassung der Ressource
Institutions,Politics&Entrepreneurship
- Doing Business Index
- Measures regulations that enhance/constrain business activities
- Index: Starting a business, Access to electricity, Paying Taxes etc
- Evaluation: How much the regulatory system changed?Ease of doing/ Business relatives to others
- Ranking
- Criticism: can promote wrong incentives
- Fundamentals in Emerging Markets(Rodrik)
- Growth fundamentals
- Skilled&Educated workforce
- Improved/Educated Institutions&Governance
- Change from Low to High Productivity activities
- Politics&Institutions - B.Emmot
- Slow but steady growth - less prone to crisis
- Hide shortcoming: Cheap finance, capital inflows, commodity booms
- (Un)Productive, Destructive Entrepreneurship - Baumol
- Allocation influenced by rules of the games/Payoff structures
- Reallocation by Incentives
- Dynamic Games
- Interest groups
- Protection for Sale for Firms-Indonesia (Mobrarak)
- License as trade protection
- protect certain firms
- protect from domestic/foreign competition
- Bribery
- Median Voter Theorem
- Corruption
- Vishny&SHleifer
- WIth&Without Theft
- Structure of bureaucracy
- Role of secrecy
- Brunetti&Weder
- Press freedom as "external control"
- International Transparency
- Institions
- Rule of Law
- Formal and Informal
- State capacity
- Fiscal&Legal capacity