In this paper, I take a closer look at how very talented people read the institutional framework – and what choices they make inside of this framework. My aim is to develop a theory of institutional change based on the work of North, and especially his 1993 paper in which he called for the...

In this paper I present in detail a methodology I have designed based on Hidalgo and Hausmann's Method of Reflections. The application of the original Method of Reflections (MoR) is restricted to economies with trade value of more than a billion dollar (USD) export a year. Based on my...

New Caledonia is an archipelago located in the South Pacific. It is a former French colony that has acquired political autonomy over the period 1988 to 1998 but remains under the French jurisdiction. Over the past twenty years, the local government has worked towards diversifying the economy of...

In this paper we use a New Institutional analysis to diagnose the economic impact of French Colonial Institutions on New Caledonia. Motivated by the forthcoming selfdetermination referendum we are notably interested in the implications of removal of bilateral aid and other French public...

In this paper I introduce the political context of New Caledonia and the specificity of its institutions. Among which, the institutionalised massive transfers from France to its dependency. I then proceed on explaining my theoretical development that links industrial entrepreneurs and...

French Abstract: La Nouvelle Calédonie est entrée dans une phase critique de son histoire. Depuis 1853, l’archipel est un territoire français. Cependant, entre 2014 et 2018 les Calédoniens devront se prononcer sur la possible indépendance de leur archipel. La conclusion du référendum...

New Caledonia is an archipelago located in the South Pacific. It is a former French colony that has acquired political autonomy over the period 1988 to 1998 but remains under the French jurisdiction. Over the past twenty years, the local government has worked towards diversifying the economy of...