Does the quality of institutions matter for foreign investment concentration in Africa? Understanding the controversial role of international aid

2021 ◽  
Author(s):  
Ludovic Feulefack Kemmanang ◽  
Jonas Juleo Dongmo Zamké
Keyword(s):  
Foreign Investment ◽  
International Aid ◽  
Quality Of Institutions

scholarly journals Environmental protection in selected one belt one road economies through institutional quality: Prospering transportation and industrialization

PLoS ONE ◽  
2021 ◽  
Vol 16 (1) ◽  
pp. e0240851
Author(s):  
Qiong Wu ◽  
Ghulam Rasool Madni
Keyword(s):  
Environmental Protection ◽  
Institutional Quality ◽  
Threshold Level ◽  
Environmental Deterioration ◽  
Time Period ◽  
One Belt One Road ◽  
Quality Of Institutions ◽  
Panel Threshold Regression

The effects of economic development on natural environment is explored by momentous literature, this study focuses on exploring the role of institutional quality for environmental protection in the selected One Belt One Road (OBOR) economies. The main goal of the paper is to find the threshold level of institutional quality that may minimize CO2 emissions in the atmosphere due to widespread industrialization and transportation. The data is selected for the panel of 33 OBOR economies over the time period of 1986–2018. The panel threshold regression technique is applied to determine the threshold level of institutional quality. The estimated results of the study reveal that 2.315 is the threshold level of institutional quality in selected partner OBOR countries. If quality of institutions is above the threshold level then CO2 emission do not contribute significantly for environmental deterioration in spite of growing industrialization and transportation and vice versa. The study emphasized to improve the institutional quality up to threshold level to get potential gains from industrialization and transportation.

scholarly journals Global Imbalances: The Role of Institutions, Financial Development and FDI in the Context of Financial Crises

2021 ◽  
Vol 13 (1) ◽  
pp. 356
Author(s):  
Carlos A. Silva ◽  
Xavier Ordeñana ◽  
Paul Vera-Gilces ◽  
Alfredo Jiménez
Keyword(s):  
Financial Crisis ◽  
Financial Development ◽  
Current Account ◽  
Global Financial Crisis ◽  
Quality Of Institutions ◽  
Current Account Imbalances ◽  
The Global Financial Crisis ◽  
Current Account Balances

This paper examines the role of the quality of institutions, financial development and FDI on current account imbalances, which narrowed during the Global Financial Crisis. In doing so, we utilize (i) a sample of 49 advanced and emerging economies during 1984–2014; (ii) a novel three-clustered indices of institutional quality and (iii) two measures of financial development, the share of FDI and a measure of financial crisis in addition to standard determinants of the current account. We find that the better the quality of institutions and the greater the financial development, the larger are current account deficits; meanwhile, FDI contributes to boost current account balances. Moreover, financial crisis episodes tend to improve current account balances, particularly for countries that are highly open to trade and to receive FDI, as in the case of advanced economies and East Asian countries.

scholarly journals Foreign aid and economic growth in Nigeria: The role of institutional quality

2021 ◽  
Vol 39 (3) ◽  
Author(s):  
Adewale Samuel Hassan
Keyword(s):  
Economic Growth ◽  
Foreign Aid ◽  
Institutional Quality ◽  
Moderating Effect ◽  
Institutional Framework ◽  
Quality Of Institutions ◽  
Positive Effect

This study examined the moderating effect of institutional quality on the foreign aid-economic growth nexus in Nigeria from 1984 to 2018 through the use of Johansen and canonical cointegration regression. Findings from the study indicate that while foreign aid has a separate positive effect on economic growth, the quality of institutions in the country diminishes and leaks out this positive effect. To this end, fiscal authorities in Nigeria need to review the existing institutional framework guiding the sourcing, disbursement and utilization of foreign aid with a view to detecting any loopholes and lapses that encourage diversion of fund and institutionalized corruption which prevent it from promoting growth.

Tolerance, governance and happiness (in)equality: cross-country evidence

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Raufhon Salahodjaev
Keyword(s):  
Life Satisfaction ◽  
Well Being ◽  
Subjective Well Being ◽  
Equal Distribution ◽  
Content Type ◽  
Mediating Role ◽  
Quality Of Institutions ◽  
Cross Country

Purpose The purpose of this study is to extend related literature on life satisfaction. In particular, the author explores the link between tolerance, governance and life satisfaction inequality in a sample of 81 countries. While studies have shown that tolerance and governance are separately linked to subjective well-being, no study has shown their mutual relationship to life satisfaction inequality. Design/methodology/approach Considering the existing link between tolerance and quality of institutions, in this study, the author explores the relationship between tolerance and life satisfaction inequality and the mediating role of governance. This research could be embedded in the framework of ballooning research exploring the effect of societal values on institutions and life satisfaction. Findings The empirical findings suggest more tolerant societies are more likely to have more even levels of life satisfaction, but this correlation is completely mediated by governance. Quality of institutions thus seem to be one of the core channels by which societies that value tolerance achieve more equal distribution of happiness. The author also finds that while GDP per capita evens out happiness, income inequality increases the gap in life satisfaction within society. Originality/value To the best of the author’s knowledge, this study is the first that relies on most up-to-date cross-country data to explore a novel channel through which tolerance may be linked to subjective well-being. In particular, in this study, the author posits that tolerance may have been linked to subjective well-being indirectly via its impact on quality of institutions (governance).

scholarly journals Role Of Institutions In Growth Of Countries

2011 ◽  
Vol 8 (6) ◽  
Author(s):  
Tejinder S. Sara ◽  
Alicia J. Jackson ◽  
Leo Upchurch ◽  
Simran Kahai
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Economic Freedom ◽  
Local Level ◽  
Quality Of Institutions

The purpose of this paper was to look at the role of institutions in growth of countries. We compared income and quality of institutions data among 87 developing countries to see if institutions that promote economic freedom and investment lead to higher economic growth. In addition, we wanted to look at the role of institutions in economic growth at the local level in a country. For this analysis, we compared income and quality of institutions data for different states in India. In both cases, we found that growth is significantly affected by the quality of institutions.

scholarly journals The Role of the Quality of Institutions in the Financial Development of CEMAC Countries

2021 ◽  
Vol 12 (02) ◽  
pp. 452-468
Author(s):  
Pierre Ghislain Batila Ngouala Kombo ◽  
Guénolé Bongo Koumou
Keyword(s):  
Financial Development ◽  
Quality Of Institutions

Cognitive Health Counseling 40+

2013 ◽  
Vol 21 (1) ◽  
pp. 24-33 ◽  
Author(s):  
Anne Eschen ◽  
Franzisca Zehnder ◽  
Mike Martin
Keyword(s):  
Outcome Variable ◽  
Pilot Phase ◽  
Subjective Memory ◽  
Cognitive Health ◽  
Health Counseling ◽  
Agents Of Change ◽  
Main Outcome Variable ◽  
Further Development

This article introduces Cognitive Health Counseling 40+ (CH.CO40+), an individualized intervention that is conceptually based on the orchestration model of quality-of-life management ( Martin & Kliegel, 2010 ) and aims at improving satisfaction with cognitive health in adults aged 40 years and older. We describe the theoretically deduced characteristics of CH.CO40+, its target group, its multifactorial nature, its individualization, the application of subjective and objective measures, the role of participants as agents of change, and the rationale for choosing participants’ satisfaction with their cognitive health as main outcome variable. A pilot phase with 15 middle-aged and six older adults suggests that CH.CO40+ attracts, and may be particularly suitable for, subjective memory complainers. Implications of the pilot data for the further development of the intervention are discussed.

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