We use the Economic Freedom Index (Gwartney, Lawson and Norton 2008) to characterise the institutions of ancient Athens … important even by current standards. As studies of contemporary societies show institutional quality to be an important … determinant of economic growth, this may be one factor in the relative material success of the Athenians. …

capital” of traditional institutions? How were they affected by social constraints on women? It finds that people in central … Europe did desire to increase market work and consumption. But elites used the “social capital” of traditional institutions …

This paper examines recent attempts to rehabilitate pre-modern craft guilds as efficient economic institutions …. Contrary to rehabilitation views, craft guilds adversely affected quality, skills, and innovation. Guild rent-seeking imposed …

locomotives of world GDP- and trade growth after the depression. Of course, whether SABT are not merely potentially in a position … growth and employment and to converge to the OECD average in the medium to long run. …

locomotives of world GDP- and trade growth after the depression. Of course, whether SABT are not merely potentially in a position … growth and employment and to converge to the OECD average in the medium to long run. …

paper is to present institutions through the function of economic growth and development. Besides, the purpose is also to …Achieving the long-term economic growth rate and development is the aspiration of all economic policy makers …. Contemporary economic theory recognizes institutions as fundamental sources of economic prosperity. According to Douglas North …

Both institutional quality and institutional stability have been argued to stimulate economic growth. But to improve … institutional instability. We investigate the growth effects of institutional quality and instability, using the political risk … the aggregate index, we find evidence that institutional quality is positively linked to growth. While institutional …

Both institutional quality and institutional stability have been argued to stimulate economic growth. But to improve … institutional instability. We investigate the growth effects of institutional quality and instability, using the political risk … the aggregate index, we find evidence that institutional quality is positively linked to growth. While institutional …