The hidden faces of cronyism : the accumulation of public debt -

dc.contributor.authorSerhal, Dana Toufic,
dc.contributor.departmentFaculty of Arts and Sciences.
dc.contributor.departmentDepartment of Economics,
dc.contributor.institutionAmerican University of Beirut.
dc.date2017
dc.date.accessioned2017-12-11T16:29:06Z
dc.date.available2017-12-11T16:29:06Z
dc.date.issued2017
dc.date.submitted2017
dc.descriptionThesis. M.A. American University of Beirut. Department of Economics, 2017. T:6620
dc.descriptionAdvisor : Dr. Nisreen Salti, Associate Professor, Economics ; Committee members : Dr. Hossein Radmard, Assistant Professor, Economics ; Dr. Casto Martin Montero Kuscevic, Assistant Professor, Economics.
dc.descriptionIncludes bibliographical references (leaf 44)
dc.description.abstractThis paper aims at examining the potential effect of cronyism in the banking sector on public debt. Through the combination of models and cronyism indices constructed in 2006, I evaluate the potential channels through which public debt is affected by cronyism. I use data on sixty-six countries for the year 2015. Findings show that cronyism has a negative association with public debt. Yet, a closer look shows that although the cost of borrowing might decrease the size of lending increases which could lead to the escalation of public debt.
dc.format.extent1 online resource (x, 44 leaves) : illustrations
dc.identifier.otherb19188547
dc.identifier.urihttp://hdl.handle.net/10938/20909
dc.language.isoen
dc.relation.ispartofTheses, Dissertations, and Projects
dc.subject.classificationT:006620
dc.subject.lcshDebts, Public.
dc.subject.lcshPolitical corruption -- Economic aspects.
dc.subject.lcshBanks and banking.
dc.subject.lcshRegression analysis.
dc.titleThe hidden faces of cronyism : the accumulation of public debt -
dc.title.alternativeThe accumulation of public debt
dc.typeThesis

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