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Posts Tagged ‘Institution’

Who Should Supervise? The Structure of Bank Supervision and the Performance of the Financial System

October 24th, 2011 humas No comments

We assemble data on the structure of bank supervision, distinguishing supervision by the central bank from supervision by a nonbank governmental agency and independent from dependent governmental supervisors.

Using data on 140 countries from 1998 through 2010, Barry Eichengreen and Nergiz Dincer find that:

  1. in low-income countries, bank supervision tends to be assigned to the central bank.
  2. in countries that are ranked high in terms of government efficiency and regulatory quality, bank supervision is more likely to be undertaken by a non-independent agency of the government.

They further find that the choice of institutional arrangement makes a difference: countries with independent bank supervisors other than the central bank have fewer nonperforming loans as a share of GDP, even after controlling for inflation and per capita income.

Sumber: nber.org

Pembangunan Perdesaan: Rekonstruksi Kelembagaan Ekonomi

May 20th, 2010 humas 4 comments

PERHEPI, Oktober 2004

Pembangunan Perdesaan: Rekonstruksi Kelembagaan Ekonomi

Perdesaan

Pembangunan pertanian dan perdesaan masa mendatang harus merupakan upaya untuk meningkatkan kesejahteraan petani di perdesaan, yang sekaligus mendorong terwujudnya pengembangan ekonomi perdesaan melalui kegiatan-kegiatan produktif dan berdaya saing.

Masalah kritis saat ini adalah bahwa meningkatnya produksi pertanian (agribisnis) selama ini belum disertai dengan meningkatnya pendapatan dan kesejahteraan petani secara signifikan. Petani sebagai unit agribisnis terkecil belum mampu meraih nilai tambahyang rasional sesuai skala usaha tani terpadu (integrated farming system). Read more…

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Institutions as the Fundamental Cause of Long-Run Growth

April 21st, 2010 humas No comments

Daron Acemoglu, Simon Johnson, James A. Robinson develops the empirical and theoretical case that differences in economic institutions are the fundamental cause of differences in economic development.

Download: Institutions as the Fundamental Cause of Long-Run Growth

Economic Performance through Time

October 31st, 2008 humas 1 comment

Douglass C. North
Sumber: nobelprize.org

I
Douglass C. NorthEconomic history is about the performance of economies through time. The objective of research in the field is not only to shed new light on the economic past but also to contribute to economic theory by providing an analytical framework that will enable us to understand economic change.

A theory of economic dynamics comparable in precision to general equilibrium theory would be the ideal tool of analysis. In the absence of such a theory we can describe the characteristics of past economies, examine the performance of economies at various times, and engage in comparative static analysis; but missing is an analytical understanding of the way economies evolve through time.

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