Washington Consensus doctrine. The new mantra from the Washington Consensus Mark 2 is “get the institutions right.” The danger is … that an elastic definition of the term “institutions” will render the current mantra intellectually vacuous. 3. While …

of its detrimental impact on the formation of domestic institutions, such as the security of private property, the …

somewhat explained by some labor market institutions, such as the collective bargaining coverage and the employer …

decision makers. These responses, in turn influenced by institutions and instrumental freedoms, ultimately affect the dynamics …

exercises indicate that recent findings of the conduciveness of good institutions, and, to some extent trade, on levels of TFP …

We investigate the effect of institutions on efficiency of training markets. After setting up a theoretical … institutional framework that shows how institutions affect efficiency, we apply this framework to the real world. An empirical … analysis of institutions affecting training markets will enable us to determine the institutional efficiency of these markets …

equity. Using the African scenario, this paper argued that although many of the institutions needed for strong income growth …

associated with inequality adversely affected the emergence of institutions that promote human capital accumulation. The research …

The current research emphasis on institutions as key determinants of economic performance, rather than on resources and … resource productivity, has uncovered important questions for further research. For example, if institutions are central to … institutions? What specific aspects of institutions are responsible for economic performance? This paper suggests that two broad …