This paper provides evidence on the moderating effects of institutions on the marginal effects of human capital …, improving the quality of institutions moderates the marginal effect of human capital on FDI inflows. Drawing on these findings …, policymakers in developing countries are advised to undertake a set of reforms to upgrade the quality of institutions, improve …

-Schumpeterian economics, namely, innovation and uncertainty. The authors demonstrate how neo-Schumpeterian economics is developing into a … comprehensive economic theory encompassing industry, the public sector and financial markets …pt. I. Industry and innovation -- pt. II. Finance in modern economics -- pt. III. The public sector and the future of …

political institutions are the key determinant of economic development. The main finding of this paper is that the focus on the … primacy of legal and political institutions may be misplaced and that business-friendly economic policies (proxied for here by …