Entrepreneurship is generally regarded as a force of change, innovation, and development in modern economies … productive activities. We show that in this model two stable equilibria can emerge. As Baumol (1990) hypothesized, institutions … the importance of high quality institutions in developing countries and sheds light on the situation in conflict and post …

been adopted by development analysts, and where fresh thinking is needed, particularly in the light of changes occurring in …

of development but was deeply pessimistic about Asia's future prospects. Since then, contrary to Myrdal's expectations …, Asia's development has been remarkable, although transformations have been uneven across countries and unequal between … the amazing story of economic development in Asia over the past 50 years. It begins with reflections on Gunnar Myrdal, the …

The World Bank is uniquely positioned to identify and disseminate innovative development practices. Based on his thirty … Bank focusing on dominant development paradigms, client and stakeholder relationships and the organization's operational …

The role of institutions in Asian development has been intensely contested since Myrdal's Asian Drama, with later … agree about the institutions that matter nor do they explain why similar institutions delivered such different results … across countries. Cultural norms and informal institutions clearly matter but the appropriate norms did not already exist in …

The paper explores a phenomenon often observed in transition economies, when newly established institutions are misused … incidences institutions become sources of private gains and lose their value-creation role and capacity. We offer a typology of … governments and societies fail to serve as institutions' guardians. Implications misused institutions for economic and political …

This paper examines the relationship between differences in civil society development under communism and the political …

We examine whether frontier rule, which disallows frontier residents from recourse to formal institutions of conflict …