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There is a broad agreement that political and economic institutions matter for long-term development. Yet relatively little is known as to how to adopt good quality institutions and reform weak or poor institutions, for which one needs to know how institutions change. This paper provides a...
Persistent link: https://www.econbiz.de/10014563047
To predict economic success and failure, academics and policymakers alike are interested in the differences in institutional structures across natural resource-based economies. This paper uses a political economy framework to examine the effect of institutional variables on per capita...
Persistent link: https://www.econbiz.de/10011472013
In common with several other low-income African economies, in recent years Mozambique has seen a significant expansion of interest and investment in its long-established extractives industries. Huge new gas finds in particular have led to expectations that these industries will contribute very...
Persistent link: https://www.econbiz.de/10011873860
Recent research regarding property rights and economic development often treats property rights security in a country as homogeneous, although protecting the private entitlements of some can entail preventing others from claiming and controlling those same resources. This one-dimensional...
Persistent link: https://www.econbiz.de/10009381922
The paper explores the paths towards building institutional foundations for inclusive development in Sub-Saharan Africa. Viewing institutional configurations as a system of multiple equilibria, the concepts of endogenous institutions and institutional changes are used to address the question of...
Persistent link: https://www.econbiz.de/10010528654
The paper analyses the 20-year experience with transition in the SEE countries in a comparative framework, illustrating how these countries encountered difficulties in its implementation, despite having some of the best starting conditions in 1989 to implement a swift transition to a market...
Persistent link: https://www.econbiz.de/10008661219
Countries need capacity for a variety of reasons, including sustaining economic growth, generating jobs, reducing poverty, effectively managing development programmes, and transforming societies and economies. A lot of effort has been expended to develop capacity in Africa with mixed results....
Persistent link: https://www.econbiz.de/10010253380
determined. Finally, the paper underlines the way in which these features of business and politics strengthen elite families in …
Persistent link: https://www.econbiz.de/10008662231
What makes elites developmental instead of predatory? We argue that Mozambique's elite was developmental at … development in Latin America, or Volkskapitalisme in apartheid South Africa. But Mozambique's elite has also returned to two other … traditions - that development is done by the elite and by foreigners. There is little support for development of local SMEs and …
Persistent link: https://www.econbiz.de/10008663003
This paper is a sequel to an earlier paper that looked in broad terms at many of the issues that Mozambique faces today in managing its new extractive resources. The paper first describes the investment surge that has already been prompted by new gas discoveries in Mozambique. It then summarizes...
Persistent link: https://www.econbiz.de/10011927737