-led reforms, Latin America has transformed its pattern of development and the way in which its brand of capitalism is configured … difficulties seem to be related to the persistence of various types of market failures and the lack of non-market institutions …

Auxiliary institutions fail to perform the function of protecting economic agents’ trust in the liquidity of various …

The paper reviews the literature on social capital and development and identifies key properties of this concept that … possible, and the presence of supportive institutions which make minimum human capital and complementary goods available. …

colonial rule was to create financial incentives to adopt development policies that encouraged government spending. …

We analyze the role of risk-sharing institutions in transitions to modern economies. Transitions requires individual …-level, idiosyncratic risk implies that distinct risk-sharing institutions – even those providing the same level of insurance – can lead to … different growth trajectories if they differently motivate risk-taking. Historically, risk sharing institutions were selected …

corruption; and above all, focused and sustained development of functional capitalistic institutions. … : culture; corruption; and institutions. The last offers the most convincing explanation for mediocre growth. Hence, to raise …

disease burden, etc. It demonstrates that relative influence of institutions varies across stages of development. …The paper aims to examine the role of institutions relative to economic policy and geography in explaining the … differential level of development across countries over time. To that end, it attempts to construct a Development Quality Index …

impact of institutions on development. The preliminary cross-country findings show that (i) institutional quality positively …The paper uses nonparametric methodology to examine the role of institutions in understanding differential levels of … development across countries. This technique estimates first order derivatives for every country allowing a deeper look into the …

-specific pre-colonial institutions in shaping comparative regional development in Africa. We utilize information on the spatial … we document a positive cross-sectional association between national institutions and regional economic development … regional development. The positive within country effect of pre-colonial institutions also obtains in regions of partitioned …

-specific pre-colonial institutions in shaping comparative regional development in Africa. We utilize information on the spatial … we document a positive cross-sectional association between national institutions and regional economic development … regional development. The positive within country effect of pre-colonial institutions also obtains in regions of partitioned …