Showing 1 - 10 of 501
. 5. The Washington Consensus does not recognize the constraints that geography and ecology could set on the growth …
Persistent link: https://www.econbiz.de/10005556001
. 5. The Washington Consensus does not recognize the constraints that geography and ecology could set on the growth …
Persistent link: https://www.econbiz.de/10005118852
In this comment on AJR (2001), we argue that a bundling of all former colonies into one ‘colonial’ theory of comparative development is problematic for several reasons. During the mercantilist wave of mainly Latin American colonization between 1500-1830, strong capitalist institutions were...
Persistent link: https://www.econbiz.de/10005423917
we show that differences in biogeographic initial conditions and in geography largely account for the different timings … nations today. The effects of biogeography and geography on the wealth of nations are partly mediated by the quality of …
Persistent link: https://www.econbiz.de/10005771214
In recent years, empirical investigations have shown that various aspects of physical geography are closely related to … understanding for this type of regularities, this article reviews the growing empirical literature on geography and institutions, as … well as a large body of older and newer theoretical works on the social impacts of geography. It is argued that the most …
Persistent link: https://www.econbiz.de/10005190941
This paper investigates the relationship between social capital and innovation in high-performing East Asian economies. Rapid economic growth and innovation in these economies contradicts the presumed positive link between social trust and innovation suggested in the literature, as these...
Persistent link: https://www.econbiz.de/10013328191
This paper does three things. First, based on a limited number of theoretically established dimensions, it proposes a new de facto indicator for the rule of law. It is the first such indicator to take the quality of legal norms explicitly into account. Second, using this indicator we shed new...
Persistent link: https://www.econbiz.de/10011431209
experience a growth slowdown at the middle-income range. Although these so-called `deep determinants' such as geography and …
Persistent link: https://www.econbiz.de/10012196399
The so-called 'deep determinants' of economic growth and development (namely, geography, institutions, and integration …
Persistent link: https://www.econbiz.de/10012196400
highlighted in literature : institutions and geography. However, it remains controversial as to which of these two is the more … important. The Institutions school assigns primal importance to institutions, whereas the Geography school considers … their hypotheses. It concludes in favour of the Institutions hypothesis as the Geography school does not provide a …
Persistent link: https://www.econbiz.de/10009363568