Since 1950s, most African nations have gained independence from their colonial powers. Fortunately, independence has brought many changes to these nations and these include multi-party democratic government and western education systems. Unfortunately, the Africa’s economy is the least...

The trade of wheat and wool has been one of the economic pillars of the Kingdom of Naples during Modern Age. Since Romans times the production of these commodities – in the continental part of the Kingdom – has been regulated by the trashumance system that coordinated the flow of sheep on...

A.O. Hirschman and F. Perroux are some founders of development economics. Proximities are strong between these two main economists. They construct a specific corpus which differes from neoclassical, keynesian and marxist schools in terms of unbalanced sequences or stakeholder's power. On the...

The main purpose of this paper is to underline the downfalls of neoclassical growth theory. The narrow and artificial framework given by the neoclassical economists have no correspondent in real life. With a 'refreshed breath' the Austrian School of Economics tried to explain the dynamic and...

In June 1961 the American economist Douglass North visited Brazil for 3 weeks, for a mission organized by the US State Department and Instituto Brasileiro de Economia (IBRE-FGV). The goals of North's Brazilian mission were to evaluate Sudene's plans for the Northeast - which involved meeting...

In June 1961 the American economist Douglass North visited Brazil for 3 weeks, for a mission organized by the US State Department and Instituto Brasileiro de Economia (IBRE-FGV). The goals of North's Brazilian mission were to evaluate Sudene's plans for the Northeast - which involved meeting...

Resumen El presente artículo es un recorrido histórico a partir de la visita de las dos misiones Kemmerer, Currie, Lebret y del Banco Mundial, que quiere hacer evidente la creciente búsqueda de fórmulas que generen desarrollo, sin llevar a cabo los cambios estructurales que un país con la...

The purpose of this paper is to examine the significance of institutional arrangements to development policies. Unfortunately, modern institutionalism has concentrated on the consequences of political and economic liberties (determined by the institutional environment) to development, with...

Recent literature argues that legal traditions of nations, i.e. their belonging tothe world of common law or civil law, are not neutral in terms of economicor institutional performance, especially with regard to key opportunities indeveloping countries out of poverty.We present the results of an...