how reforms worked in the past, we quantitatively review 60 studies estimating the relation between reforms and growth … average reform caused substantial costs in the short run, but had strong positive effects on long-run growth. Reforms focused …

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. …

in the World Values Survey, and democracy, all of which are good for growth as reflected in the purchasing power of per … growth across the globe. In a large sample of countries, equality in the distribution of income as measured by the World Bank …