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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP3219 |
DP3219 An African Success Story: Botswana | |
Daron Acemoğlu; Simon Johnson; James Robinson | |
发表日期 | 2002-02-20 |
出版年 | 2002 |
语种 | 英语 |
摘要 | The regulations that shape the design and the operations of corporations, credit and securities markets differ vastly from country to country. In addition, similar regulations are often unequally enforced in different countries. Economists still have an imperfect understanding of why these international differences exist and of whether they tend to persist over time. A recent strand of research has shown that some progress on these issues can be made using the approach of the new political economy, which models regulation and its enforcement as the result of the balance of power between social and economic constituencies. In this Paper we offer a first assessment of the results and potential of this approach in three fields: corporate finance, banking and securities markets. |
主题 | Financial Economics |
关键词 | Political economy Shareholder protection Corporate governance Bankruptcy law Credit market regulation Financial development Privatization |
URL | https://cepr.org/publications/dp3219 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532244 |
推荐引用方式 GB/T 7714 | Daron Acemoğlu,Simon Johnson,James Robinson. DP3219 An African Success Story: Botswana. 2002. |
条目包含的文件 | 条目无相关文件。 |
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