conditions for sustained economic growth and development by deepening democracy, enhancing the stability of political regimes and …

creates continuous and dichotomous indices. We use the SVM indices to investigate the effect of democratic institutions on … economic development, and find that democracies grow faster than autocracies. Furthermore, we illustrate how the estimation …

of development but was deeply pessimistic about Asia's future prospects. Since then, contrary to Myrdal's expectations …, Asia's development has been remarkable, although transformations have been uneven across countries and unequal between … the amazing story of economic development in Asia over the past 50 years. It begins with reflections on Gunnar Myrdal, the …

We argue that the partition of ethnic groups following the Scramble for Africa does not itself matter for development … representation which may promote ethnic mobilization and foster support for informal (rather than formal) institutions which then may … affect development. Furthermore, the analysis of data from the Afrobarometer shows that the persistence of informal …

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

This paper focuses on how political regimes affect financial development in Africa, contingent on religious … propensity to effect policies that favour the development of financial intermediary depth, activity and size. Democracy has … policies towards financial development. As a policy implication, once democracy is initiated, it should be accelerated (to edge …

for economic development in the long-run. Nevertheless, macroeconomic stability as well as institutional quality, foreign …