Why do some societies fail to adopt more efficient institutions in response to changing economic conditions? And why do … institutions. When new technologies emerge, uncertainty results from a lack of understanding how the technology will fit with … prevailing ideologies and institutions. This uncertainty discourages investment in institutions and the cultural capital …

Why do some societies fail to adopt more efficient political and economic institutions in response to changing economic … productivity, cultural beliefs and institutions. In our model, production shocks that benefit one sector of the economy may induce …

institutions. We improve and expand upon previous studies by (i) examining decade-long migration flows that (ii) include flows not … migrants. Once economic freedoms are controlled for, measures of political institutions do not enter significantly into our …

This survey reviews the recent research on trust, institutions and growth. It discusses the various measures of trust … market and the product market. The last part reviews recent progress to identify how institutions and policies can affect …

We study the connection between economic performance and the quality of government institutions for the sample of 103 … unified Italian State. Our results suggest that past historical institutions play a significant role on the current public … confirms that the quality of institutions matters for development, and that history can be used to find suitable instruments. …

-colonial autocratic institutions within ethnic groups and the emergence of autocratic institutions across countries. Diversity has … amplified the importance of institutions in mitigating the adverse effects of non-cohesiveness on productivity, while … contributing to the scope for domination, leading to the formation of institutions of the autocratic type. …

The Vietnam War occurred when Vietnam was divided into two states with contrasting institutions. North Vietnam was … characterized by a command economy under a stable political regime, whereas South Vietnam experienced a market economy and prolonged … likely attributable to the interplay of institutions and bombing. …

? To analyze this question, we study the case of Vietnam. Vietnam exported a total of $356B, making it the number 18 … exporter in the world in 2021. Recent studies show provinces in Vietnam with greater exposure to tariff reductions observe … exports propagated through domestic production linkages in Vietnam between 2010 and 2019. We find that direct exposure to …

in terms of technological creativity, population growth, and income per capita. We argue that superior institutions for … learn as apprentices from the old. Institutions such as the family, the clan, the guild, and the market organize who learns … from whom. We argue that medieval European institutions such as guilds, and specific features such as journeymanship, can …