this change to the reversal in the nature of economic institutions, which eat underwent a series of growth …

This paper develops the empirical and theoretical case that differences in economic institutions are the fundamental … cause of differences in economic development. We first document the empirical importance of institutions by focusing on two … “quasi-natural experiments” in history, the division of Korea into two parts with very different economic institutions and …

Revolution -- 3 Institutions and the Resource Curse in Early Modern Spain -- 4 Slavery, Inequality, and Economic Development in … Democracies -- III Contemporary Evidence -- 10 Formalizing Informal Institutions -- 11 Making Autocracy Work -- 12 Democracy …Institutions and Economic Performance explores the question of why income per capita varies so greatly across countries …