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discussion of institutions and states that constitutions are an example of a formal institution. As any other formal institution …, constitutions are also influenced by countries' informal institutions, including customs and belief systems. The novel content … affect income per capita. These findings point out to possible limitations to change that is aimed by constitutional …
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education on growth increases with the quality of institutions, we conclude that a part of the explanation to the established …The paper investigates the reasons for the established disappointing performance of the Arab education system as … compared to the rest of the world. We focus on the role of the quality of informal institutions as measured by the World Value …
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This paper develops a model of costly firm creation in an economy with weak institutions, costly business environment … conducive business regulations amplify the positive impact on firm creation of better education and reduced skill mismatches. To … escape a low-productivity trap, policymakers should thus create a pro-business framework and a wellfunctioning education …
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This study articulates the interaction between institutional governance, education and economic growth. Given the … current pursuit of education policy reforms and knowledge economy around the world, it is of policy relevance to theoretically … analyze the main mechanisms by which the macroeconomic impact of education on growth (and economic development) occurs. Our …
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