Clague, Christopher; Keefer, Philip; Knack, Stephen; … - Volkswirtschaftliche Fakultät, … - 1999
additional and more direct evidence about the importance of secure property and contract rights for economic growth and … growth and investment. We then show how the new measure, which we call “contract-intensive money” or CIM, relates to the … security of contract and property rights, is positively related to income, growth and investment. …