The populations of many countries in the world are becoming more culturally diverse. This spurs a growing need for an informed debate on the socio-economic implications of cultural diversity. This book offers a solid statistical and econometric perspective on this topical subject by bringing...

Frontmatter -- Contents -- Preface to the Paperback Edition. Prufrock Avoided -- Acknowledgments. The Continuous Life -- Prologue. How Diversity Trumps Ability: Fun at Caltech -- Introduction. Unpacking Our Differences -- PART ONE. UNPACKING THE TOOLBOX -- 1. Diverse Perspectives. How We See...

"This book suggests how high levels of corruption limit investment and growth can lead to ineffective government. Developing countries and those making a transition from socialism are particularly at risk, but corruption is a worldwide phenomenon. Corruption creates economic inefficiencies and...