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"This collection carefully selects some of the most influential papers focusing on the relationship between economic and political institutions and economic development. Economic institutions shape economic incentives, such the incentives to become educated, to save and invest, to innovate and...
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James A. Robinson (2002), 'Reversal of Fortune: Geography and Institutions in the Making of the Modern World Income …-53 -- Vernon W. Ruttan and Yujiro Hayami (1984), 'Toward a Theory of Induced Institutional Innovation', Journal of Development …
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