The Quality of Bureaucracy and Capital Account Policies

The extent of bureaucracy varies extensively across countries, but the quality of bureaucracy within a country changes more slowly than economic policies. The authors propose that the quality of bureaucracy may be an important structural determinan...

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Bibliographic Details
Main Authors:	Bai, Chong-En, Wei, Shang-Jin
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	ASSETS BUREAUCRACY BUREAUCRAT BUREAUCRATIC CORRUPTION BUREAUCRATIC QUALITY BUSINESS LICENSES CAPITAL FLIGHT CENTRAL BANK CENTRAL BANKS CITIZENS CIVIL LIBERTIES COMPETITIVENESS CONSENSUS CORRUPT COUNTRIES CORRUPT OFFICIALS CORRUPTION COST OF CAPITAL DEBT DEGREE OF CORRUPTION DEMOCRACY ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC RESEARCH ECONOMISTS EMBEZZLEMENT EMPIRICAL ANALYSIS EMPIRICAL EVIDENCE EQUILIBRIUM EXCHANGE RATES EXECUTION EXPECTED UTILITY EXPENDITURE EXPORTS FEDERAL RESERVE BANK OF NEW YORK FIGHTING CORRUPTION FINANCIAL CRISIS FISCAL FISCAL RESOURCES FISCAL REVENUES FOREIGN ASSETS FOREIGN EXCHANGE GCR GDP GOVERNMENT CONSUMPTION GOVERNMENT OFFICIALS GOVERNMENT RESOURCES GOVERNMENTAL ORGANIZATION INCOME INCOME EFFECT INFLATION INFLATION RATE INTEREST RATE INTERNATIONAL DEVELOPMENT JUDICIARY LEGAL SYSTEM LEVELS OF GOVERNMENT MACROECONOMIC POLICIES MARGINAL COST MEASUREMENT ERROR MEASUREMENT ERRORS OPTIMIZATION POLITICAL POWER POLITICAL RIGHTS POLITICAL RISK PRIVATE CONSUMPTION PUBLIC FINANCE PUBLIC GOOD PUBLIC GOODS PUBLIC GOVERNANCE PUBLIC INSTITUTION PUBLIC INSTITUTIONS PUBLIC POLICY REVERSE CAUSALITY RISK AVERSION SAVINGS SOCIAL WELFARE STATISTICAL ANALYSIS SUBSTITUTION EFFECT TAX COLLECTION TAX EVASION TAX RATE TAX REVENUE TAX REVENUES TAXATION TRANSPARENCY UTILITY FUNCTION WEALTH
Online Access:	http://documents.worldbank.org/curated/en/2001/03/1089467/quality-bureaucracy-capital-account-policies http://hdl.handle.net/10986/19695

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http://documents.worldbank.org/curated/en/2001/03/1089467/quality-bureaucracy-capital-account-policies
http://hdl.handle.net/10986/19695

The Quality of Bureaucracy and Capital Account Policies

Internet

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