After a decade of research on the relationship between institutions and growth, scholars in this field seem to be … divided. Economic institutions perform well in growth regressions and a body of literature argues that this supports the key … literature describes are the more stable political institutions, and these have been found to play no role in empirical growth …

Corruption increases inequality in the society (Gupta et al, 1998) by reducing economic growth, biasing the tax system …

Long-term growth in developing countries has been explained in four frameworks: ‘extractive colonial institutions …, contra Acemoglu et al., (2001). Further, we find that instrumented human capital explains long-term growth better, and shows … the disease environment on African long-term growth runs through a human capital channel rather than an extractive …

, institutions and growth linkages and subjective well-being in transition countries. …

The paper looks at the growth and commercialization of microfinance in India. It starts out be looking at how the … as the activities scaled up, it was imperative to move to a commercial format. The paper examines the growth imperatives …

market in the process of economic growth, public intervention in the economy and the process of institutional innovations. …

Barro (1991) and the Gastil indices, by comparing their effects both on growth and private investment. The results provide … substantial support for the position that the institutional roots of growth and convergence are significant. The marked …

growth are cointegrated and thus exhibit a reliable long run relationship. The Granger causality test findings indicate that … the causality between Institutions and growth is uni-directional. However, there is no short run causality from … Institutions to growth and vice versa. Therefore, as a policy implication that institutional quality may cause to the sustainable …