Similar Search Results

East Asian Financial and Economic Development

Morck, Randall - 2017

over a single generation. China now seems poised to follow a similar trajectory. All three cases highlight the importance … prosperity sustained by efficient resource allocation to high-productivity firms …

Persistent link: https://www.econbiz.de/10012453866

The Economics of China : Successes and Challenges

Fan, Shenggen - 2013

This paper is the first chapter in the Oxford Companion to the Economics of China (Oxford University Press, forthcoming …). Rather than trying to summarize other contributors' views, we provide our own perspectives on the Economics of China …--the past experience and the future prospects. Our reading of China's economic development over the past 35 years raises two …

Persistent link: https://www.econbiz.de/10012459015

Historical Legacies and African Development

Michalopoulos, Stelios - 2018

As Africa's role on the global stage is rising, so does the need to understand the shadow of history on the continent's economy and polity. We discuss recent works that shed light on Africa's colonial and precolonial legacies. The emerging corpus is remarkably interdisciplinary. Archives,...

Persistent link: https://www.econbiz.de/10012480929

Property Rights and Financial Development : The Legacy of Japanese Colonial Institutions

Yoo, Dongwoo - 2010

Several studies link modern economic performance to institutions transplanted by European colonizers and here we extend this line of research to Asia. Japan imposed its system of well-defined property rights in land on some of its Asian colonies, including Korea, Taiwan and Palau. In 1939 Japan...

Persistent link: https://www.econbiz.de/10012462106

Equilibrium Fictions : A Cognitive Approach to Societal Rigidity

Hoff, Karla - 2010

This paper assesses the role of ideas in economic change, combining economic and historical analysis with insights from psychology, sociology and anthropology. Belief systems shape the system of categories ("pre-confirmatory bias") and perceptions (confirmatory bias), and are themselves...

Persistent link: https://www.econbiz.de/10012462860

Electoral Fraud, the Rise of Peron and Demise of Checks and Balances in Argentina

Alston, Lee J. - 2009

The future looked bright for Argentina in the early twentieth century. It had already achieved high levels of income per capita and was moving away from authoritarian government towards a more open democracy. Unfortunately, Argentina never finished the transition. The turning point occurred in...

Persistent link: https://www.econbiz.de/10012463440

Ruggedness : The Blessing of Bad Geography in Africa

Nunn, Nathan - 2009

There is controversy about whether geography matters mainly because of its contemporaneous impact on economic outcomes or because of its interaction with historical events. Looking at terrain ruggedness, we are able to estimate the importance of these two channels. Because rugged terrain hinders...

Persistent link: https://www.econbiz.de/10012463730

The Importance of History for Economic Development

Nunn, Nathan - 2009

This article provides a survey of a growing body of empirical evidence that points towards the important long-term effects that historic events can have on current economic development. The most recent studies, using micro-level data and more sophisticated identification techniques, have moved...

Persistent link: https://www.econbiz.de/10012463749

Commodity Price Volatility and World Market Integration since 1700

Jacks, David S. - 2009

Poor countries are more volatile than rich countries, and we know this volatility impedes their growth. We also know that commodity price volatility is a key source of those shocks. This paper explores commodity and manufactures price over the past three centuries to answer three questions: Has...

Persistent link: https://www.econbiz.de/10012463899

The Long-Term Effects of Africa's Slave Trades

Nunn, Nathan - 2007

Can part of Africa's current underdevelopment be explained by its slave trades? To explore this question, I use data from shipping records and historical documents reporting slave ethnicities to construct estimates of the number of slaves exported from each country during Africa's slave trades....

Persistent link: https://www.econbiz.de/10012465283