It is hardly possible to overrate the value... of placing human beings in contact with persons
dissimilar to themselves, and with modes of thought and action unlike those with which they …

Sub-Sahara African countries have had a checkered past when it comes to good
governance and institutions. Increasingly, economists and policy makers are recognizing the …

Institutions have played a central role in political economy explanations of East Asia's
growth, from the developmental state to the micro-institutions of industrial policy. A review of …

No area of economics has experienced as many abrupt changes in leading paradigm since
Word War II as has economic development. Since economic development is a policy …

The main aim of this chapter is to explain how institutional change, measured with a set of
governance indicators, can support the reduction of poverty and inequality in society that is …

'It's not what you know, it's who you know.'This common aphorism sums up much of the
conventional wisdom regarding social capital. It is wisdom supported by empirical evidence …

The discussion on the effect of natural resources on economic growth remains a contentious
issue of scientific research. An emerging issue to this discussion is the role of political …

The last 10 years has seen an explosion in cross country econometric studies of growth,
driven by two factors—new mathematical models of the growth process that lend themselves …

Using cross-country data from a sample of low-, middle-, and high-income countries, this
article provides the first empirical test of the empirical relationships between national …

'... this volume is an excellent resource for those interested in the analysis of institutions'
design and economic development...'-Oscar Alfranca, Progress in Development Studies The …