The numerous tectonic shifts that have shaken the foundations of the development paradigm over the last halfcentury have had far-reaching implications for development policy formulation and implementation.

Evaluating Recipes for Development Success Avinash Dixit This article offers a provocative critique of the ability of research on the impact of institutions on growth to offer immediate and practical recommendations for reforming and redesigning institutions in developing countries and...

Purpose – Reform of local political management continues to be part of the international agenda for change as governments seek to create the conditions for better performance in local government. The purpose of this paper is to investigate the impact of changes in political management upon the...

Purpose This paper aims to analyze the rates of returns on education in China and in the process raises issues relevant to the management of China’s system of education. In the ongoing great transformation period of China, the rising rates of returns on education may have been indicators...

Zusammenfassung Der Beitrag analysiert die Entstehung und Ausgestaltung der leistungsorientierten Hochschulfinanzierung in Baden-Württemberg aus ökonomischer, politischer und statistischer Perspektive. Dazu wird die verbale Vereinbarung des Finanzierungsmodells, die 1999 zwischen Ministerium...

Abstract In the vast literature on natural disasters one aspect is largely unexplored, and this is the two-way relationship between natural disasters and the performance of public (government) institutions responsible for mitigating these natural disasters. The first relationship is that poor...

Abstract A substantial consensus has emerged in development circles that the reason why some countries are rich and others poor is largely a reflection of the quality of their institutions – political, bureaucratic, and legal – and that countries with seriously dysfunctional institutions...

Purpose – This study aims to examine dynamic interactions among economic growth, geography and the housing market with public goods financed by the government. A general dynamic equilibrium model of an isolated economy with economic geography, local public goods and capital accumulation is to...

Countries in Central, Eastern and South Eastern Europe have been hit hard by the global crisis. There is a need to rethink the growth model because a return to thestatus quo antedoes not seem realistic.

Macroeconomic Volatility and Welfare in Developing Countries: An Introduction Norman V. Loayza, Romain Ranciere, Luis Serven, ` and Jaume Ventura Macroeconomic volatility, both a source and a reflection of underdevelopment, is a fundamental concern for developing countries. This article provides...