Institutional development has attracted more attention in the past two decades. However, institutional theory finds itself in a pre-consolidated phase and there are various theoretical and methodological challenges. One is to respond to the question whether institutional change is a spontaneous...

The paper looks at the impact of workers' remittances on the competitiveness of the receiving economy. It extends existing research that concentrated on the exchange rate effects of remittances, the so-called Dutch disease effect, by adding labour market effects. The results show that the labour...