growth opportunities. Also,higher accountability and lower income inequality are associated with more ef-fective legal …

In recent years there has been a growing interest in the impact of inequality on economic growth. Both theoretical and … part of the literature that considers inequality detrimental to growth, more recent studies have challenged this result and … found a positive effect of inequality on growth. This paper contributes to the debate by using meta-analytical techniques to …

A recently much debated issue is why observed investment and growth rates inpoor countries are lower than traditional … theory predicts. Empirical evidencesuggests that social and political instability is a major reason for thedivergence between … investment rates is notmonotonic but follows a hump-shaped pattern. The empirical evidence shows thatalthough very poor economies …

, measured in terms of forgone growth, of an impeded restructuring process. The cost is measured by linking growth rates of … the restructuring process pay a penalty in terms of forgone growth. …

How does global aging affect the convergence in global economic development? Both the developing and developed world … dividend of extra growth. During the twenty years from 1975 to 2005 Europe and the US have benefited from a strong demographic … potential growth phase may well disappear if supporting conditions for growth are absent. Large-scale migration is not expected …

Institutions are strikingly absent from most economic theory, certainly from growth theory.In standard theory it is ….In this paper the most important empirical studies on the relationship betweeninstitutions and growth and investment, and the …,showing as an important aside which (economic) variables have been found to be robustlyrelated to growth and investment. Section …