scholarly journals Does the quality of public policies and institutions matter for entrepreneurial activity? Evidences from the European Union’s member states

2016 ◽  
Vol 63 (4) ◽  
pp. 425-439 ◽  
Author(s):  
Bogdan Dima ◽  
Oana-Ramona Lobonţ ◽  
N Nicoleta-Claudia

By using data related to the 15 European Union ?old? and ?new? Member States, for a time span between 2001 and 2014, the present paper supports the thesis of a positive and significant correlation between the quality of governance and entrepreneurial activity. In order to test such correlation, the elements of Governance Quality reported by the World Bank?s Worldwide Governance Indicators (WGI) project were considered. Some key aspects of entrepreneurial activity reflected by Total Early-Stage Entrepreneurial Activity, Perceived Opportunities and Perceived Capabilities were taken into account based on The Global Entrepreneurship Monitor (GEM) database. In addition, in order to reflect the structural rigidities and tensions from the labour market, the unemployment rate provided by the World Bank?s World Development Indicators database was considered as a control variable. The effect of the inclusion of a country in a certain development group, according to the most recent World Bank classification (?low-income economies? to ?high-income economies?), was also considered in a multi-level analytical framework with a two-level model. The results of this study clearly indicate that higher levels of public policies and institutions? credibility/effectiveness produce a positive and robust impact on entrepreneurial climate.

2017 ◽  
Vol 49 (4) ◽  
pp. 1357-1379 ◽  
Author(s):  
Allison Carnegie ◽  
Cyrus Samii

How do international institutions affect political liberalization in member states? Motivated by an examination of the World Bank loans program, this article shows that institutions can incentivize liberalization by offering opportunities for countries to become associated with advanced, wealthy members. In the World Bank, when a loan recipient reaches a specified level of economic development, it becomes eligible to graduate from borrower status to lender status. Using a regression discontinuity design, the study demonstrates that this incentive motivates states to improve their domestic behavior with respect to human rights and democracy. Combining qualitative and quantitative evidence, the results suggest that the desire to become a member of this elite group is responsible for motivating member states to reform due to the belief that such membership brings diffuse international and domestic benefits.


2021 ◽  
Author(s):  
Wilfried GUETS ◽  
Deepak Kumar Behera

Abstract Background COVID-19 outbreak has been declared as an emerging and conflict situation by the World Health Organization (WHO) due to the multiple nature of infection through international spread that poses a serious threat to populations’ health and socio-economic conditions household in general. Objective This study aims to analyse the behaviour adopted by households’ heads for preventing COVID-19 infection in Mali. Methods We collected data from the COVID-19 Panel Households survey collected in Mali by the National Statistical Office, Institut National de la Statistique (INSTAT), in collaboration with the World Bank in October 2020. We used a multivariate logistic regression model. Results A total of 1,514 households heads were included. The age between 20 and 90 years old. The poor households represented 27%. Being a household with a low-income reduced the probability of using masks (p < 0.1). Being poor increased the probability to agree with vaccination (p < 0.01). The health services utilisation increased the probability of wear masks (p < 0.01), getting tested (p < 0.01), and agree with the vaccine (p < 0.01). People with a high occupation volume were more likely to wear protective masks (p < 0.1). Conclusion Behaviour and attitude prevention varied according to households characteristics. Local government and policymakers should continue to provide more economic, medical and social assistance to protect the population, which would reduce the spread of the disease, particularly to households living in vulnerable regions of the country most affected by conflict and food insecurity.


2019 ◽  
Vol 16 (1) ◽  
pp. 53 ◽  
Author(s):  
Antonio Aguiar Filho ◽  
Marco Antônio Tomé ◽  
Adilson De Brito Farias ◽  
Celso Machado Machado Junior ◽  
Daielly Melina Nassif Mantovani Ribeiro

O desenvolvimento humano dos países se trata de um tema em destaque que exige ações governamentais para a melhoria da qualidade de vida de seus cidadãos. O problema de dimensionar este desenvolvimento frente às ações de governo determina o objetivo de analisar a existência de correlação entre os indicadores de governança dos países calculados pelo Banco Mundial (WGI) com o índice de desenvolvimento humano calculado pela Organização das nações Unidas (IDH). Para investigar essa hipótese foram efetuadas análises de correlação entre o IDH e as seis dimensões de governança do WGI. Os resultados da pesquisa confirmam a existência de significativa correlação positiva entre o IDH e o WGI, estabelecendo assim o entendimento da complementariedade destes indicadores, e a possibilidade de sua utilização no estabelecimento de ações governamentais.Palavras-chave: Governança dos países. WGI. Desenvolvimento humano. IDH. Desenvolvimento sustentável.ABSTRACTThe human development level of the countries is a key issue that requires government actions to improve the quality of life of its citizens. The problem of dimensioning this development in relation to government actions determines the objective of analyzing the existence of a correlation between the indicators of governance of the countries calculated by the World Bank (WGI) and the human development index calculated by the United Nations (IDH). To investigate this hypothesis, correlation analyzes were performed between HDI and the six governance dimensions of WGI. The results of the research confirm the existence of a significant positive correlation between the HDI and the WGI, thus establishing the understanding of the complementarity of these indicators and the possibility of their use in the establishment of governmental actions.Keywords: Worldwide governance. WGI. Human development. HDI. Sustainable development.


2006 ◽  
Vol 7 (3) ◽  
pp. 111-117 ◽  
Author(s):  
Vulfs Kozlinskis ◽  
Kristine Guseva

Latest studies in the field of business macro environment (BME) assessment and forecasting have been undertaken and successfully implemented by the World Bank (2003–2004). Considerable contribution to the field has been made by Nobel Prize winners in Economics F. Kydland and E. Prescott in 2004. Nonetheless, a number of issues concerning BME evaluation and forecasting is still left unstudied. The Article highlights two major issues of BME: the fist part of the paper is focused on assessment of BME and the quality of BME development prognosis made by entrepreneurs. Based on key findings the following second part of the research examines the accuracy (validity) of businessmen prognosis and identifies key indicators businessmen rely on for formulating their future expectations. For that purpose a system of parameters and trends, as well as entrepreneurs’ survey results have been applied. The study concludes by illustrating the effect of inaccurately formulated prognosis and expectation on further development of BME events in conjunction with new assessment and forecasting proposals.


2015 ◽  
Vol 14 (3) ◽  
pp. 407-416
Author(s):  
Tafadzwa Pasipanodya

In the 1960s, all Latin American member states of the World Bank rejected a resolution recommending an international agreement that would create a center for arbitration in which private foreign investors could settle their disputes with member states. Nevertheless, the resolution was approved and the icsid Convention was born. Ironically, Latin American states – which later became party to the icsid Convention – have had to defend themselves against more expropriation claims before icsid than any other region. This paper analyzes these expropriation claims with a twofold goal. First, to highlight the cases against Latin American states that have been most influential in defining expropriation. And, second, to draw attention to those cases that have revived apprehension about Latin American states’ consent to be adjudged by icsid tribunals.


Author(s):  
D. Brent Edwards ◽  
Inga Storen

Since the 1950s, the World Bank’s involvement and influence in educational assistance has increased greatly. The World Bank has not only been a key player, but, at times, has been the dominant international organization working with low-income countries to reform their education systems. Given the contributions that education makes to country development, the World Bank works in the realm of education as part of its broad mission to reduce poverty and to increase prosperity. This work takes the form of financing, technical assistance and knowledge production (among others) and occurs at multiple levels, as the World Bank seeks to contribute to country development and to shape the global conversation around the purposes and preferred models of education reform, in addition to engaging in international processes and politics with other multi- and bilateral organizations. The present article examines the work of the World Bank in historical perspective in addition to discussing how the role of this institution has been theorized and research by scholars. Specifically, the first section provides an overview of this institution’s history with a focus on how the leadership, preferred policies, organizational structure, lending, and larger politics to which it responds have changed over time, since the 1940s. Second, the article addresses the ways that the World Bank is conceptualized and approached by scholars of World Culture Theory, international political economy, and international relations. The third section contains a review of research on (a) how the World Bank is involved in educational policy making at the country level, (b) the ways the World Bank engages with civil society and encourages its general participation in educational assistance, (c) what is known about the World Bank in relation to policy implementation, and (d) the production of research in and on the Bank.


2020 ◽  
Vol 12 (5) ◽  
pp. 1942 ◽  
Author(s):  
Pedro Antonio Martín Cervantes ◽  
Nuria Rueda López ◽  
Salvador Cruz Rambaud

Background: The analysis of the problems derived from globalization has become one of the most densely studied topics at the beginning of this millennium, as they can have a crucial impact on present and future sustainable development. This paper analyzes the differential patterns of globalization in four worldwide areas predefined by The World Bank (namely, High-, Upper-Middle-, Lower-Middle-, and Low-Income countries). The main objective of this work is to estimate the effect of globalization on some economic development indicators (specifically per capita income and public expenditure on health) in 217 countries over the period 2000–2016. Methods: Our empirical approach is based on the implementation of a novel econometric methodology: The so-called Toda–Yamamoto procedure, which has been used to analyze the possible causal relationships between the involved variables. We employ World Development Indicators, provided by The World Bank, and the KOF Globalization Index, elaborated by the KOF Swiss Economic Institute. Results: The results show that there is a causal relationship in the sense of Granger between globalization and public expenditure on health, except in High-Income countries. This can be interpreted both negatively and positively, confirming the double character of globalization, as indicated by Stiglitz.


Author(s):  
Helena Chládková

This paper contains views of managers on the quality of business environment and also reflects the results of the World Bank, which annually assesses the conditions for doing business in different countries, including the Czech Republic. The business environment of the Czech Republic was evaluated based upon the results of the World Bank, which assesses conditions for doing business in various parts of the world. Secondly, views of SME managers on the quality of the business environment were presented. The World Bank’s „Doing Business 2011“ report puts the Czech Republic in the 63rd place (out of 183 examined countries) when it comes to the quality of the business environment. The Czech Republic improved its score in two categories (Property Registration and Ending a Business) compared to the same evaluation conducted in 2010. SME managers evaluated the business environment with SWOT Analysis. „Technical and technological development along with increase in demand for innovated products made by new technologies“ was perceived as the most significant opportunity (82%) while „Competition and rivalry in the industry“ was identified as the most significant threat by almost all respondents (92%) in their 2010 evaluation.


1987 ◽  
Vol 26 (4) ◽  
pp. 447-456
Author(s):  
Rainer Marggraf ◽  
Wolfgang-Peter Zingel

Economic growth, and the distribution of wealth and income, are two of the major, dimensions of economic policy in all countries. If one follows the data published by the World Bank, one can see, that even the relative income distribution in the developed and some of the developing countries are very similar; it is only, that the level of income is much lower in the latter countries, and therefore, that low income is more visible and striking. Therefore, raising the level of income of the very poor has been a major task of all governments. There has been a very controversial discussion, however, as to how the incomes of the poor can be raised easily, whether by economic growth, redistribution of wealth, i.e. the means of production, or of income. This discussion has been inconclusive so far, and the present paper sets out to examine some of these aspects. Pakistan may serve as a perfect example, considering the fact, that the country first suffered from an overemphasis on economic growth and a neglect of distribution and then tried distribution with no growth.


2021 ◽  
Vol 12 (4) ◽  
Author(s):  
Elena Bakhtairova ◽  
Alexandra Anganova

As corruptions is one of the most important problems in most modern states, its assessment forms an important part of integral governance indicator. Worldwide Governance Indicators (WGI), a technique, worked out by The World Bank, is widely used in the international level. Since 2019 the technique “Methodology of Conducting Sociological Surveys for Corruption Assessment in the Constituent Entities of the Russian Federation” (further in the text — Methodology of the Russian Federation Government), adopted by the Government Decree of the Russian Federation, is used in the national level. The main purpose of the present research is to evaluate how the national methodology of corruption assessment reflects the quality of governance in this sphere. The research focuses on the main techniques for corruption assessment in different levels. The study analyses the main scientific statements for corruption assessment as a component of integral quality indicator of governance. Secondary data of corruption survey’s findings formed the information and empirical base of the research. The novelty of the study is in developing original author’s approach towards methodological aspects of comprehensive governance assessment. It was found that the national methodology is an alternative approach, characterizing the quality of governance in this sphere. The research revealed several drawbacks of the indicative methodology issued by the World Bank. The Methodology of the Russian Federation Government more appropriately reflects the corruption level and more accurately characterizes the governance quality in the sphere of fighting corruption in the regions of the Russian Federation.


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