This essay examines the recent emergence of migration and development as a major area of policy concern. The focus up to now has been almost entirely upon international migration, which accounts for the minority of people who move. A concensus has emerged that migration can be managed so as to...

What explains poverty of Sub Saharan Africa and South Asia? One view holds the disease environment of these regions as the primary culprit. Others see it as a typical symptom of growth retarding institutions. We test validity of these competing assertions for a cross section of countries. Our...

While some view the informal economy as parasitic, others view it in a more positive light. We argue that the effect of the informal economy on development depends on both the size of the locale and the institutional environment. Good institutions facilitate productive activity and voluntary...

The book incorporates the essential elements of institutional theory and highlights the issues pertaining to the measurement of institutional characteristics and the empirical analyses involving such measurement. It provides the theoretical framework of and empirical evidence on fiscal...