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Botswana has had the highest rate of per-capita growth of any country in the world in the last 35 years. This occurred despite adverse initial conditions, including minimal investment during the colonial period and high inequality. Botswana achieved this rapid development by following orthodox...
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"A crucial new big-picture framework that answers the question of how liberty flourishes in some states but falls to authoritarianism or anarchy in others--and explains how it can continue to thrive despite new threats"--
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regulate the economy and to withstand the political and social challenges from non-state actors. I construct a model in which … the state apparatus is controlled by a self-interested ruler, who tries to divert resources for his own consumption, but … who can also invest in socially productive public goods. Both weak and strong states create distortions. When the state is …
Persistent link: https://www.econbiz.de/10012467409
regulate the economy and to withstand the political and social challenges from non-state actors. I construct a model in which … the state apparatus is controlled by a self-interested ruler, who tries to divert resources for his own consumption, but … who can also invest in socially productive public goods. Both weak and strong states create distortions. When the state is …
Persistent link: https://www.econbiz.de/10013231869
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conduct an empirical investigation of the impact of one key set of institutions, the capacity of the US state as proxied by … the way in which the US created an immensely capable and effective state …
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