design of institutions in resource‐rich countries. The paper briefly reviews the experience of a few resource‐rich countries …

performance before their debts were forgiven. We discuss the hypothesis that during the follow-up, Multilateral Debt Relief …

In this paper we analyze the influence of direct democratic institutions on the size and development of the shadow … shadow economy. Countries where direct democratic institutions support democratic life are expected to be characterized by a … core hypothesis and demonstrates that the effect of direct democratic institutions on the shadow economy is negative and …

This is Part 1 of a two-part paper which surveys the historical evidence on the role of institutions in economic growth … that private-order institutions have not historically substituted for public-order ones in enabling markets to function …, clarify the growth effects of other institutions, including contract-enforcement mechanisms, guilds, communities, serfdom, and …

Is human capital a robust predictor of good institutions? Using a new institutional quality measure, the International … performance as well as performance at the 5th and 95th percentiles of the national population. National average IQ and the 95th …