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Some empirical works have argued that aid hinders the institutional quality of recipient countries. This article argues that these works suffer from two main shortcomings that make their conclusions less tenable. On the one hand, a previous investigation of the determinants of institutional...
Persistent link: https://www.econbiz.de/10008671912
This paper provides new evidences about the determinants of institutional quality. Prior to implementing our empirical research, we discuss the criteria that should be used to judge the quality of institutions. Then, we identify the factors that, according to these criteria, determine...
Persistent link: https://www.econbiz.de/10008509271
This article analyses current attempts to identify the factors underlying long-term economic growth. The author criticises some the arguments and historical proofs in which are based the two main explanations which dominate recent literature: the institutional approach and those which focus on...
Persistent link: https://www.econbiz.de/10008509272