Beyond Legal Origin And Checks And Balances: Political Credibility, Citizen Information, And Financial Sector Development
Gespeichert in:
Beteilige Person: | |
---|---|
Format: | Elektronisch E-Book |
Sprache: | Englisch |
Veröffentlicht: |
Washington, D.C
The World Bank
2007
|
Schlagwörter: | |
Links: | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4154 |
Beschreibung: | Weitere Ausgabe: Keefer, Philip : Beyond Legal Origin And Checks And Balances |
Umfang: | 1 Online-Ressource (39 Seiten) |
Internformat
MARC
LEADER | 00000nam a2200000 c 4500 | ||
---|---|---|---|
001 | BV040618759 | ||
003 | DE-604 | ||
005 | 20241125 | ||
007 | cr|uuu---uuuuu | ||
008 | 121206s2007 xxu o|||| 00||| eng d | ||
035 | |a (ZDB-1-WBA)09322706X | ||
035 | |a (OCoLC)874235704 | ||
035 | |a (DE-599)GBVNLM005463211 | ||
040 | |a DE-604 |b ger |e aacr | ||
041 | 0 | |a eng | |
044 | |a xxu |c XD-US | ||
049 | |a DE-12 |a DE-1102 |a DE-1051 |a DE-521 |a DE-863 |a DE-862 |a DE-522 |a DE-858 |a DE-573 |a DE-860 |a DE-1046 |a DE-1047 |a DE-Aug4 |a DE-2070s |a DE-M347 |a DE-1049 |a DE-898 |a DE-128 |a DE-M352 |a DE-70 |a DE-92 |a DE-150 |a DE-155 |a DE-22 |a DE-91 |a DE-384 |a DE-473 |a DE-19 |a DE-739 |a DE-20 |a DE-703 |a DE-706 |a DE-355 |a DE-29 |a DE-859 |a DE-Re13 |a DE-523 | ||
100 | 1 | |a Keefer, Philip |e Verfasser |0 (DE-588)171284356 |4 aut | |
245 | 1 | 0 | |a Beyond Legal Origin And Checks And Balances |b Political Credibility, Citizen Information, And Financial Sector Development |c Keefer, Philip |
264 | 1 | |a Washington, D.C |b The World Bank |c 2007 | |
300 | |a 1 Online-Ressource (39 Seiten) | ||
336 | |b txt |2 rdacontent | ||
337 | |b c |2 rdamedia | ||
338 | |b cr |2 rdacarrier | ||
500 | |a Weitere Ausgabe: Keefer, Philip : Beyond Legal Origin And Checks And Balances | ||
520 | 1 | |a The existing literature emphasizes and contrasts the role of political checks and balances and legal origin in determining the pace of financial sector development. This paper expands substantially on one aspect of this debate: the fact that government actions that promote financial sector development, whether prudent financial regulation or secure property and contract rights, are public goods and sensitive to political incentives to provide public goods. Tests of hypotheses emanating from this argument yield four new conclusions. First, two key determinants of those incentives-the credibility of pre-electoral political promises and citizen information about politician decisions-systematically promote financial sector development. Second, these political factors, along with political checks and balances, operate in part through their influence on the security of property rights, an argument asserted but not previously tested. Third, contrary to findings elsewhere in the literature, the political determinants of financial sector development are significant even in the presence of controls for legal origin. Finally, and again in contrast to the literature, the evidence here suggests that legal origin primarily proxies for political phenomena. Legal origin is a largely insignificant determinant of financial sector development when those phenomena are fully taken into account | |
534 | |c 2007 | ||
653 | |a Bank Accounts | ||
653 | |a Bank Balance Sheets | ||
653 | |a Bank Policy | ||
653 | |a Checks | ||
653 | |a Contract | ||
653 | |a Contract Rights | ||
653 | |a Credibility | ||
653 | |a Debt Markets | ||
653 | |a Depositors | ||
653 | |a Economic Theory and Research | ||
653 | |a Emerging Markets | ||
653 | |a Exchange | ||
653 | |a Expropriation | ||
653 | |a Finance | ||
653 | |a Finance and Financial Sector Development | ||
653 | |a Financial Literacy | ||
653 | |a Financial Markets | ||
653 | |a Inequality | ||
653 | |a Labor Policies | ||
653 | |a Law and Development | ||
653 | |a Legal Products | ||
653 | |a Macroeconomics and Economic Growth | ||
653 | |a Political Economy | ||
653 | |a Poverty Reduction | ||
653 | |a Private Sector Development | ||
653 | |a Privatization | ||
653 | |a Social Protections and Labor | ||
776 | 0 | 8 | |i Reproduktion von |a Keefer, Philip |t Beyond Legal Origin And Checks And Balances |d 2007 |
856 | 4 | 0 | |u http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4154 |x Verlag |z URL des Erstveröffentlichers |3 Volltext |
912 | |a ZDB-1-WBA | ||
943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-025446258 |
Datensatz im Suchindex
DE-BY-TUM_katkey | 1901175 |
---|---|
_version_ | 1821934705215275008 |
adam_text | |
any_adam_object | |
author | Keefer, Philip |
author_GND | (DE-588)171284356 |
author_facet | Keefer, Philip |
author_role | aut |
author_sort | Keefer, Philip |
author_variant | p k pk |
building | Verbundindex |
bvnumber | BV040618759 |
collection | ZDB-1-WBA |
ctrlnum | (ZDB-1-WBA)09322706X (OCoLC)874235704 (DE-599)GBVNLM005463211 |
discipline | Wirtschaftswissenschaften |
format | Electronic eBook |
fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nam a2200000 c 4500</leader><controlfield tag="001">BV040618759</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20241125</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">121206s2007 xxu o|||| 00||| eng d</controlfield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-1-WBA)09322706X</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)874235704</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)GBVNLM005463211</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">aacr</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">xxu</subfield><subfield code="c">XD-US</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-12</subfield><subfield code="a">DE-1102</subfield><subfield code="a">DE-1051</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-863</subfield><subfield code="a">DE-862</subfield><subfield code="a">DE-522</subfield><subfield code="a">DE-858</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-860</subfield><subfield code="a">DE-1046</subfield><subfield code="a">DE-1047</subfield><subfield code="a">DE-Aug4</subfield><subfield code="a">DE-2070s</subfield><subfield code="a">DE-M347</subfield><subfield code="a">DE-1049</subfield><subfield code="a">DE-898</subfield><subfield code="a">DE-128</subfield><subfield code="a">DE-M352</subfield><subfield code="a">DE-70</subfield><subfield code="a">DE-92</subfield><subfield code="a">DE-150</subfield><subfield code="a">DE-155</subfield><subfield code="a">DE-22</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-384</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-19</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-703</subfield><subfield code="a">DE-706</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-859</subfield><subfield code="a">DE-Re13</subfield><subfield code="a">DE-523</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Keefer, Philip</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)171284356</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Beyond Legal Origin And Checks And Balances</subfield><subfield code="b">Political Credibility, Citizen Information, And Financial Sector Development</subfield><subfield code="c">Keefer, Philip</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Washington, D.C</subfield><subfield code="b">The World Bank</subfield><subfield code="c">2007</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (39 Seiten)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">Weitere Ausgabe: Keefer, Philip : Beyond Legal Origin And Checks And Balances</subfield></datafield><datafield tag="520" ind1="1" ind2=" "><subfield code="a">The existing literature emphasizes and contrasts the role of political checks and balances and legal origin in determining the pace of financial sector development. This paper expands substantially on one aspect of this debate: the fact that government actions that promote financial sector development, whether prudent financial regulation or secure property and contract rights, are public goods and sensitive to political incentives to provide public goods. Tests of hypotheses emanating from this argument yield four new conclusions. First, two key determinants of those incentives-the credibility of pre-electoral political promises and citizen information about politician decisions-systematically promote financial sector development. Second, these political factors, along with political checks and balances, operate in part through their influence on the security of property rights, an argument asserted but not previously tested. Third, contrary to findings elsewhere in the literature, the political determinants of financial sector development are significant even in the presence of controls for legal origin. Finally, and again in contrast to the literature, the evidence here suggests that legal origin primarily proxies for political phenomena. Legal origin is a largely insignificant determinant of financial sector development when those phenomena are fully taken into account</subfield></datafield><datafield tag="534" ind1=" " ind2=" "><subfield code="c">2007</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Bank Accounts</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Bank Balance Sheets</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Bank Policy</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Checks</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Contract</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Contract Rights</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Credibility</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Debt Markets</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Depositors</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Economic Theory and Research</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Emerging Markets</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Exchange</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Expropriation</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Finance</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Finance and Financial Sector Development</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Financial Literacy</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Financial Markets</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Inequality</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Labor Policies</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Law and Development</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Legal Products</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Macroeconomics and Economic Growth</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Political Economy</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Poverty Reduction</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Private Sector Development</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Privatization</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Social Protections and Labor</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Reproduktion von</subfield><subfield code="a">Keefer, Philip</subfield><subfield code="t">Beyond Legal Origin And Checks And Balances</subfield><subfield code="d">2007</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4154</subfield><subfield code="x">Verlag</subfield><subfield code="z">URL des Erstveröffentlichers</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-1-WBA</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-025446258</subfield></datafield></record></collection> |
id | DE-604.BV040618759 |
illustrated | Not Illustrated |
indexdate | 2025-01-11T12:40:39Z |
institution | BVB |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-025446258 |
oclc_num | 874235704 |
open_access_boolean | |
owner | DE-12 DE-1102 DE-1051 DE-521 DE-863 DE-BY-FWS DE-862 DE-BY-FWS DE-522 DE-858 DE-573 DE-860 DE-1046 DE-1047 DE-Aug4 DE-2070s DE-M347 DE-1049 DE-898 DE-BY-UBR DE-128 DE-M352 DE-70 DE-92 DE-150 DE-155 DE-BY-UBR DE-22 DE-BY-UBG DE-91 DE-BY-TUM DE-384 DE-473 DE-BY-UBG DE-19 DE-BY-UBM DE-739 DE-20 DE-703 DE-706 DE-355 DE-BY-UBR DE-29 DE-859 DE-Re13 DE-BY-UBR DE-523 |
owner_facet | DE-12 DE-1102 DE-1051 DE-521 DE-863 DE-BY-FWS DE-862 DE-BY-FWS DE-522 DE-858 DE-573 DE-860 DE-1046 DE-1047 DE-Aug4 DE-2070s DE-M347 DE-1049 DE-898 DE-BY-UBR DE-128 DE-M352 DE-70 DE-92 DE-150 DE-155 DE-BY-UBR DE-22 DE-BY-UBG DE-91 DE-BY-TUM DE-384 DE-473 DE-BY-UBG DE-19 DE-BY-UBM DE-739 DE-20 DE-703 DE-706 DE-355 DE-BY-UBR DE-29 DE-859 DE-Re13 DE-BY-UBR DE-523 |
physical | 1 Online-Ressource (39 Seiten) |
psigel | ZDB-1-WBA |
publishDate | 2007 |
publishDateSearch | 2007 |
publishDateSort | 2007 |
publisher | The World Bank |
record_format | marc |
spellingShingle | Keefer, Philip Beyond Legal Origin And Checks And Balances Political Credibility, Citizen Information, And Financial Sector Development |
title | Beyond Legal Origin And Checks And Balances Political Credibility, Citizen Information, And Financial Sector Development |
title_auth | Beyond Legal Origin And Checks And Balances Political Credibility, Citizen Information, And Financial Sector Development |
title_exact_search | Beyond Legal Origin And Checks And Balances Political Credibility, Citizen Information, And Financial Sector Development |
title_full | Beyond Legal Origin And Checks And Balances Political Credibility, Citizen Information, And Financial Sector Development Keefer, Philip |
title_fullStr | Beyond Legal Origin And Checks And Balances Political Credibility, Citizen Information, And Financial Sector Development Keefer, Philip |
title_full_unstemmed | Beyond Legal Origin And Checks And Balances Political Credibility, Citizen Information, And Financial Sector Development Keefer, Philip |
title_short | Beyond Legal Origin And Checks And Balances |
title_sort | beyond legal origin and checks and balances political credibility citizen information and financial sector development |
title_sub | Political Credibility, Citizen Information, And Financial Sector Development |
url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4154 |
work_keys_str_mv | AT keeferphilip beyondlegaloriginandchecksandbalancespoliticalcredibilitycitizeninformationandfinancialsectordevelopment |