A fundamental issue for economists is what determines civil conflict. One unsettled question is the relative importance … of political freedoms versus economic development. This paper takes a new approach to provide an answer by using micro … personal characteristics, country and year fixed effects, more freedom and economic growth both reduce revolutionary support …

predicated via three sub-chains (i) from marketization to growth, (ii) from growth to overall material development welfare and … (iii) from material development to social welfare and democracy. We examine each of these sub-links in detail with a view …

Why is GDP growth so much more volatile in poor countries than in rich ones? We identify four possible reasons: (i … of development. We document the following regularities. First, as countries develop, their productive structure moves … from more volatile to less volatile sectors. Second, the level of specialization declines with development at early stages …

Interactions between economic development and financial development are studied by looking at the roles of financial … institutions in selecting R&D projects (including for both imitation and innovation). Financial development is regarded as the … development stages of an economy. At higher development stages a financing regime with ex post selection capacity is more …

predict the potential implications of particular growth policies to inequality, poverty and, consequently, to social … development, is significantly improved. …

Why is GDP growth so much more volatile in poor countries than in rich ones? We identify four possible reasons: (i … of development. We document the following regularities. First, as countries develop, their productive structure moves … from more volatile to less volatile sectors. Second, the level of specialization declines with development at early stages …

Interactions between economic development and financial development are studied by looking at the roles of financial … institutions in selecting R&D projects (including for both imitation and innovation). Financial development is regarded as the … development stages of an economy. At higher development stages a financing regime with ex post selection capacity is more …

appropriate role of information and communication technologies in development and the priority that should be given to enabling …