Does trade improve institutions and contribute to long run growth? I develop a theory of trade, in which trade liberalization provides incentive to change institutions in two ways. On the one hand, trade leads to specialization according to comparative advantage, expanding the industries that do...

The importance of political local coalitions in shaping local governance structures conducive to economic growth has been a subject of research for numerous years, both in rich economies as well as in emerging countries. In spite of such amount of research, little attention has yet been paid to...

The economic/ecological double crisis has long since reached China. In order to stabilise the growing economy, access to new markets and resources is indispensable. At the same time, the associated environmental damage is steadily increasing, causing public pressure on the government in Beijing....