This study aims to assess to what extent the institutional environment is responsible for worldwide differences in economic development. To answer this question, a new concept of the institutions-augmented Solow model is constructed. The analysis covers 153 countries and the period 1994-2009....

This book presents selected papers from the ABCDE Meetings, held May 17 -18, 2007 in Bled, Slovenia. Hosted by the World Bank and Government if Slovenia, more than 400 experts from countries around the world met to deliberate the theme: Private Sector and Development. This volume presents papers...