institutions, natural resource rents cease to have a negative impact on long-term growth. Institutions in resource-based economies …

This study compares transition processes in countries of Central and Eastern Europe, the former Soviet Union (FSU) and … sub-Saharan Africa.By widening the scope from most- to least-developed transition economies, the study establishes the … institutions also influences economic growth and the ability of a country to attract trade and foreign direct investment …

Purpose - The study extends the debate on finance versus institutions in the promotion of investment documented by … institutions to promote investment on the one hand and fighting financial allocation inefficiency by mitigating surplus liquidity … issues on the other hand. Originality/value - The paper extends the debate on the substitution of finance and institutions in …

This paper presents an integrated overview of the literature linking institutions, financial development and economic … impact of institutions on growth through financial development. …