substantially during the last decades. At the same time, the quality of institutions in developing countries has also improved. The … literature investigates whether international migration can be an important factor for institutional development. Overall, the … findings indicate that emigration to institutionally developed countries induces a positive effect on home-country institutions. …

sustaining economic development. So, their emphases have shifted to determine the most influential institution(s) in order to be … aims to discuss the roles and functions of institutions in regional economic growth and development. To that end, first … the impact of institutions on regional growth and development outcomes from both the theoretical and empirical studies …

positions. In a probabilistic voting model, we show that a lack of financial institutions can lead to more corruption as more … voters become part of the corrupt system. Well-functioning financial institutions, in turn, can increase the political …