This paper presents an integrated overview of the literature linking institutions, financial development and economic … transaction costs that characterize the development of financial markets. The paper then investigates the theoretical mechanisms … impact of institutions on growth through financial development. …

This paper discusses a framework for analyzing robust institutions for water markets drawn on the new institutional … markets in countries such as Australia, USA (California and Colorado), Chile and in Spain. Based on the lessons learned from … the Spanish and international experience on water markets, a list of robust recommendations for the improvement of water …