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Over the last couple of decades, it has become a commonplace to claim that institutions matterʺ for economic development. Yet, institutions are not exogenous but the result of hu-man action. It is argued here that the values and norms held by substantial parts of society’s members are an...
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Understanding corruption is at the heart of treating the dysfunctionality of many countries' public sectors. Yet, most corruption research suffers from one common problem: There is no "objective" measure of public-sector corruption for a cross-section of countries. Most studies on the...
Persistent link: https://www.econbiz.de/10012135332
Understanding corruption is at the heart of treating the dysfunctionality of many countries’ public sectors. Yet, most corruption research suffers from one common problem: There is no “objective” measure of public-sector corruption for a cross-section of countries. Most studies on the...
Persistent link: https://www.econbiz.de/10012156444
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containing both industrial and Third World countries. A model that contains legal trust in addition to de jure central bank …
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; Institutions vs. Policies ; Measurement ; Formal vs. Informal Institutions …
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