probabilistic voting model, we show that a lack of financial institutions can lead more corruption as more voters are part of the … corrupt system. Well-functioning financial institutions, in turn, can increase the political support for anti …

new countries having joined in 2004 and 2007 that results from a convergence of the new members' institutions towards the …

Tebaldi & Mohan (2010, JDS) have established an empirical nexus between institutions and monetary poverty. We first … underlying study that institutions could have an indirect effect on multidimensional poverty. In other words, the poverty … eradication effect of institutions is through income-average as opposed to income-inequality. We discuss the confirmed findings in …

'). The more generalized trust is, it is expected that there will be more cooperation. Furthermore strong institutions that … role of institutions; since it is difficult to evaluate the effective contribution of formal institutions to economic … performance. The simple existence of institutions, understood as formal 'rules of the game', does not guarantee that they are …

The notion that foreign aid harms the institutions of recipient governments remains prevalent. We combine new … disaggregated aid data and various metrics of political institutions to re-examine this relationship. Long-run cross-section and … alternative dynamic panel estimators show a small positive net effect of total aid on political institutions. Distinguishing …

results suggest that (particularly state) institutions aresignificant for growth and, especially, foreign direct investment …