The resilience of developing Asia since the global financial crisis, on top of its historic economic success, has sparked interest in understanding its future. The region is diverse, with sub-regions and countries of varying population size, geography and economic dynamism as well as different...

This paper shows that whether natural resources are good or bad for a country's development depends crucially on the interaction between institutional setting and the type of resources that the country possesses. Some natural resources are for economical and technical reasons more likely to...

This paper reviews the literature on the impact of ethnic diversity on economic development. Ethnically polarized societies are less likely to agree on the provision of public goods and more likely to engage in rent seeking activities providing lower levels of social capital. Initial conditions...