The aim of this paper is to assess the importance of economic institutions, measured by an index built from the E.B.R.D. (European Bank for Reconstruction and Development) indicators, for the pattern of economic growth. Though it focuses on a particular set of transition economies, it is also...

This paper proposes a theoretical framework of the factors affecting the gap between the rich and the poor in the European Union, and utilizes a twelve-year panel (2000-2012) of 27 countries to identify the short-term effects of the macroeconomic performance, the level of household income...

Understanding the reasons underlying income inequality has generated considerable interest in the last years and various theoretical analyses have been developed to explain international differences in income distribution between groups of countries at different stages of economic development....

Based on the various works on the relevance of the institutional arrangements for a country’s economic performance, this paper studies the role and the determinants of the reform policies for the development paths of the transition countries. Looking at the U.S.S.R breakdown as an extremely...

Despite the considerable interest in the concept of human development, there has been little research on the political determinants of its dimensions. This paper investigates the role played by the type of political systems on the non-income components of human development. In particular it...

Understanding the reasons underlying income inequality has been the aim of much research in recent years. However, there are few structural investigations of the effects of the forces shaping the evolution of income inequality specifically between advanced economies. This paper proposes a...

The link between economic growth and institutions has been studied, theoretically and empirically, for more than ten years. The aim of this paper is to take stock of this literature in order to identify more precise and conscious directions for future research. First, we introduce the reference...