consistent with the direction of evolution of economic institutions in the country including broader state ownership on core …

institutions relevant for economic growth. Then the paper reviews much of the available evidence linking institutions and growth … and covers in some detail the evidence regarding economic institutions, confirming that institutions matter. However, the … the political aspects of development, particularly in relation to the role of institutions. Likewise, the paper …

and featuring core institutions controlled by the state directly or indirectly. This evolution is consistent with this … institutions, performing two various sets of functions: those of regular commercial banks and of policy banks. We found a similar …