This paper presents an analysis of the interaction of human capital investment and the development of social and political institutions. We find that human capital matters - for growth through its quality dimension; for distributional conflict by raising political aspirations. But human capital...

This paper examines the economic integration processes among developing countries and developed nations. It looks into the possible existence of a general theory of economic integration and the reflection is carried out on three levels. The first is theoretical even normative, analyzing the...