prolonged exceptional growth which can be considered, at least economically, a solution to a crisis. I draw two immediate … means that sustainable growth, centered on the enhancement and extension of the human spirit instead of the material … the gross inequalities characterizing the present crisis; but, second, to initiate a new process of growth in which the …

cause of differences in economic development. We first document the empirical importance of institutions by focusing on two …. Economic institutions encouraging economic growth emerge when political institutions allocate power to groups with interests in …

. Previous literature and empirical work provides a strong consensus that growth reduces poverty, and several recent studies have … also found that the higher is income inequality within a country the more limited is the impact of growth on reducing … poverty. But in dynamic economies most economic growth comes from productivity growth, and few studies have tested the …

specialists have little occasion to go back to revisit the pioneers. In the field of economic development, Albert Hirschman is …

the process of development. A simple general equilibrium model of rent-seeking political elites with two productive …

approach, which considers that inequality inflicts direct and indirect costs to economic development. An endogenous-growth … of all equilibria is acontinuum which can be parameterized by a simple index of income inequality. The growth rate is … ambiguously related to the inequality index. However, under some reasonable assumptions, the growth rate dependence on this index …