This volume was prepared by Erik Hornung while he was working in the Department Human Capital and Innovation of the Ifo Institute. It was completed in December 2012 and accepted as a doctoral thesis by the Economics Department of the University of Munich (LMU). The thesis consists of four core...

There is wide academic consensus on institutional design being the key inhibitor of the Bolivian industrialization process during Evo Morales´s time in office. However, the effects of investment in human capital in the industrialization process has not been explored to the same degree. This is...