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Middle East and Central Asia > Mauritania, Islamic Republic of

You are looking at 1 - 2 of 2 items for :

  • Type: Journal Issue x
  • Bureaucracy; Administrative Processes in Public Organizations; Corruption x
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Cover IMF Working Papers
Country Stress Events: Does Governance Matter?
Ms. Anna Kochanova
and
Carlos Caceres
This paper analyzes the linkages between governance quality and country stress events. It focuses on two types of events: fiscal and political stress events, for which two innovative stress indicators are introduced. The results suggest that weaker governance quality is associated with a higher incidence of both fiscal and political stress events. In particular, internal accountability, which measures the responsiveness of governments to improving the quality of the bureaucracy, public service provision, and respect for the institutional framework in place, is positively associated with fiscal stress events. However, external accountability, which captures government accountability before the public in general, through elections and the democratic process, seems to be more important for political stress events. These results hold when using balanced country samples where region, oil-exporter status, income level, and time are taken into account.
Keywords:
WP; governance measure; stress event; governance quality; governance indicator; governance effectiveness
Cover IMF Working Papers
Institutional Transformations, Polity and Economic Outcomes: Testing the North-Wallis-Weingast Doorsteps Framework
Mr. Marc G Quintyn
and
Sophia Gollwitzer
This paper tests the theoretical framework developed by North, Wallis and Weingast (2009) on the transition from closed to open access societies. They posit that societies need to go through three doorsteps: (i) the establishment of rule of law among elites; (ii) the adoption of perpetually existing organizations; and (iii) the political control of the military. We identify indicators reflecting these doorsteps and graphically test the correlation between them and a set of political and economic variables. Finally, through Identification through Heteroskedasticity we test these relationships econometrically. The paper broadly confirms the logic behind the doorsteps as necessary steps in the transition to open access societies. The doorsteps influence economic and political processes, as well as each other, with varying intensity. We also identify income inequality as a potentially important force leading to social change.
Keywords:
WP; open access order; government expenditure; political system; Gini coefficient; NWW transition framework; institutions; economic performance; political performance; transition; income inequality; open access society; Income inequality; Personal income; Corruption; Europe; Asia and Pacific