This is Part 1 of a two-part paper which surveys the historical evidence on the role of institutions in economic growth … that private-order institutions have not historically substituted for public-order ones in enabling markets to function …, clarify the growth effects of other institutions, including contract-enforcement mechanisms, guilds, communities, serfdom, and …

This is Part 2 of a two-part paper which surveys the historical evidence on the role of institutions in economic growth … that private-order institutions have not historically substituted for public-order ones in enabling markets to function …, clarify the growth effects of other institutions, including contract-enforcement mechanisms, guilds, communities, serfdom, and …

conditions under which weak property rights institutions emerge, providing a specific mechanism for the endogenous persistence of … inefficient rural institutions as development unfolds. It also predicts a non-monotonic relationship between the quality of rural …

Social and cultural determinants of economic institutions and outcomes have come to the forefront of economic research … autocracies), which suggests that religiosity affects the way institutions work through the political process. Individual …

Why do some countries have better institutions than others? More specifically, what accounts for variation in the … quality of property rights institutions in different countries? In this paper, I empirically assess four different theories … relating to the determinants of property rights institutions: (1) the economic approach, which maintains that property rights …