The current economic crisis has affected all aspects of life, resulting in political instability, personal financial troubles, and a growing number of business bankruptcies. Although these are serious issues, simply developing a government policy that injects an economy with money is not an appropriate means to achieve economic recovery and long-term economic development unless combined with an...

This paper goes over some of the recent discussions on the effects on growth and poverty of institutions and policies, especially those that relate to the functioning of the private sector. It examines the empirical relationship between various measures of institutional quality and regulatory policies, and economic growth and poverty. The results suggest that good governance, as measured by a s...

This paper explores the question of whether the institution of the stock market is likely to be helpful to low and middle income countries in promoting development of their real economy and ensuring fast industrial growth. The case for and against the stock market inevitably involves a discussion of the important related subjects of corporate finance, corporate governance and corporate law. Con...

SUMMARY The current political and economic situation of Indonesia is characterised since 1999 by the transition from thirty years of autocratic leadership to a more democratic, pluralistic and open society. The reform process has already made remarkable progress in the field of human rights. The ongoing decentralisation process is a fundamental change to the political and institutional setup of...

In November 2016, UCL’s Global Governance Institute (GGI) hosted over 30 leading international practitioners and scholars in the field of climate change law, governance and policy for a workshop on the Paris Agreement and its potential to drive forward effective climate governance. The event was supported by the French Embassy in London as part of its Conference-Débat series. UCL Grand Challeng...

This study investigates the effect of globalisation on governance in 51 African countries for the period 1996-2011. Four bundled governance indicators and four globalisation (political, economic, social and general) variables are used. The empirical evidence is based on Instrumental Variable Quantile Regressions. The motivation for the estimation technique is that blanket governance-globalisati...