We present a simple model, illustrating how democracy may improve the quality of the economic institutions. The model … further suggests that institutional quality varies more across autocracies than across democracy and that the positive effect …

There is a consensus among scholars that institutions (i.e. norms and regulations) are country specific. The paper aims … to contribute to the debate by examining the type of institutions which have been the most important for growth in … classical growth factors such as investment and export turn out to be more important for growth than institutions. …

Increasing the realism with respect to the representation of actors, decision-making, and institutions is critical to … better understand the transition towards a low-carbon sustainable society since actors, decision-making, and institutions are …