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This paper develops a framework and some hypotheses regarding the impact of local-level, informal legal institutions on three economic outcomes: aggregate growth, inequality, and human capabilities. It presents a set of stylized differences between formal and informal legal justice systems,...
Persistent link: https://www.econbiz.de/10011394402
This paper assesses the benefits, risks, and limitations of human rights based approaches to development, which can be catalogued on the basis of the institutional mechanisms they rely on: global compliance based on international and regional treaties; the policies and programming of donors and...
Persistent link: https://www.econbiz.de/10011395225
The consensus among scholars and policymakers that "institutions matter" for development has led inexorably to a conclusion that "history matters," since institutions clearly form and evolve over time. Unfortunately, however, the next logical step has not yet been taken, which is to recognize...
Persistent link: https://www.econbiz.de/10011394719
Whether in the domains of scholarship or practice, important advances have been made in recent years in our understanding of how culture, politics, and development interact. Today's leading theorists of culture and development represent a fourth distinctive perspective vis-à-vis their...
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