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institutions trump all other potential determinants of development. For given effects of institutional quality, our empirical … from our estimates that implementing good institutions appears to be necessary but not sufficient to generate a persistent …
Persistent link: https://www.econbiz.de/10011416456
I reconsider the primacy of institutions over geography as an explanatory factor of cross-country differences in … specifications and samples. Unbiased estimates of the relative performance effects of institutions and malaria prevalence are … difficult to obtain due to a lack of independent instrumental variables. Conditional on a restricted effect of institutions, my …
Persistent link: https://www.econbiz.de/10010265632
Countries need capacity for a variety of reasons, including sustaining economic growth, generating jobs, reducing poverty, effectively managing development programmes, and transforming societies and economies. A lot of effort has been expended to develop capacity in Africa with mixed results....
Persistent link: https://www.econbiz.de/10010253380
-colonial autocratic institutions within ethnic groups and the emergence of autocratic institutions across countries. Diversity has … amplified the importance of institutions in mitigating the adverse effects of non-cohesiveness on productivity, while … contributing to the scope for domination, leading to the formation of institutions of the autocratic type. …
Persistent link: https://www.econbiz.de/10011670896
institutions trump all other potential determinants of development. For given effects of institutional quality, our empirical … from our estimates that implementing good institutions appears to be necessary but not sufficient to generate a persistent …
Persistent link: https://www.econbiz.de/10011415290
The purpose of the chapter is to analyze Africa's economic successes in the past half century, to understand not only what made it possible but also and more importantly what risk factors may eventually bring it to an end or compromise it. While it may not be possible for Africa to alter, for...
Persistent link: https://www.econbiz.de/10011794986
by using a broader set of definitions for institutions, geography and economic variables. We use a multi-faceted database … to measure institutions in an attempt to go beyond the single-dimension measures that are often employed. We find that … institutions trump other factors (geography and trade) when we use GDP per capita as an independent variable. When we expand the …
Persistent link: https://www.econbiz.de/10010856330
underscore two key challenges for the region. One of them relates to weak institutions and state capacity; the other is the …
Persistent link: https://www.econbiz.de/10009415651
I reconsider the primacy of institutions over geography as an explanatory factor of cross-country differences in … specifications and samples. Unbiased estimates of the relative performance effects of institutions and malaria prevalence are … difficult to obtain due to a lack of independent instrumental variables. Conditional on a restricted effect of institutions, my …
Persistent link: https://www.econbiz.de/10005076113
This paper studies the transition of contract enforcement institutions. The preva- lence of relational contracts, low … form a cluster of mutually reinforcing institutions that hinder economic development. The cultural element per se does not … interlocking institutions. These results are generally consistent with the empirical evidence. …
Persistent link: https://www.econbiz.de/10005091224