The results of a cross-country empirical analysis suggests that political institutions are extremely important in determining the prevalence of corruption: democracy, parliamentary systems, political stability, and freedom of the press are all associated with lower corruption

"Institutions are a major field of interest in the study of development processes. The authors contribute to this discussion concentrating our research on political institutions and their effect on the non-income dimensions of human development. First, they elaborate a theoretical argument why...

Government responses to banking crises are less likely to favor special interest groups when elections are near, voters are better informed about the costs of inefficient government decisions, and governments have multiple veto players. Keefer investigates the political determinants of...

Why do some households manage better than others in overcoming the impact of an adult death? The household's ability to cope is a function of the resources it can command, including its access to private networks for social insurance and credit. Public intervention can reduce vulnerability ex...