Financial Contracts and the Political Economy of Investor Protection

political economy of china in central asia

this research is about the political economy of china in central asia. in this research the political & economic interactions affected on chinas political economy in central asia are examined. chinas goal of presence in central asia including political-security, economic and energy goals is described in one part. in another part, the trade relations between china and central asian countries ar...

The Political Economy of Employment Protection

Trade Agreements and Endogenously Incomplete Contracts: A Political Economy Approach

We develop a political economy model of trade agreements that incorporates contracting costs and uncertainty. The model delivers simple expressions for policy bindings with parameters relating to trade shocks and to political demand shocks. We identified conditions under which the trade volume is positively associated with the payoff of restricting production subsidy/consumption tax. Our model ...

Education and the Political Economy of Environmental Protection

We develop a political economy model that might explain the different environmental performance of countries, through educational choices. Individuals decide whether to invest in additional education according to their expectations regarding future environmental quality. They also vote on a tax that will be used exclusively to finance environmental protection. We show that, under the assumption...

The Political Economy of International Financial Institutions' Lending to Pakistan

This paper analyzes the determinants of multilateral aid from international financial institutions (IFIs) to Pakistan, focusing on the world three major IFIs, the World Bank, the IMF and the ADB. Political economic factors, notably bureaucratic interests and major shareholders economic interests, are suspected to be relevant in international aid allocation decisions. Pooled Tobit estimation ana...