"We are concerned here with the creation of non-market institutions for reducing the cost of risk in poor agrarian … Institutions, the formal and informal rules that order and constrain human relations, affect three critical aspects of economic … individual and communal income and consumption. Here we examine primarily the role of agrarian institutions in containing risk or …

Purpose - The study extends the debate on finance versus institutions in the promotion of investment documented by … institutions to promote investment on the one hand and fighting financial allocation inefficiency by mitigating surplus liquidity … issues on the other hand. Originality/value - The paper extends the debate on the substitution of finance and institutions in …

This paper presents an integrated overview of the literature linking institutions, financial development and economic … impact of institutions on growth through financial development. …

This paper examines the effect of trade integration and comparative advantage on one of a country's institutions, which …