Similar Search Results

Persistence of Power, Elites, and Institutions

Acemoglu, Daron - 2006

nondemocracy to democracy, alters the distribution of de jure political power, but the elite can intensify their investments in de … we refer to as invariance. When the model is enriched to allow for limits on the exercise of de facto power by the elite … may survive, but choose economic institutions favoring the elite. The main ideas featuring in the model are illustrated …

Persistent link: https://www.econbiz.de/10012734199

Institutional change and persistence : what does the long-run evidence tell us?

Savoia, Antonio; Sen, Kunal; Tagem, Abrams Mbu Enow - 2024

There is a broad agreement that political and economic institutions matter for long-term development. Yet relatively little is known as to how to adopt good quality institutions and reform weak or poor institutions, for which one needs to know how institutions change. This paper provides a...

Persistent link: https://www.econbiz.de/10014563047

Do Institutions Quality Affect FDI Inflows in Sub Saharan African Countries?

Fiodendji, Daniel - 2014

One of the problems which sub-Saharan African (SSA) countries are confronted with is the low level of investment. Yet, the theory of capital tells us that it is impossible to envisage development without a considerable accumulation of capital. An important channel through which those countries...

Persistent link: https://www.econbiz.de/10013050900

Towards behavioral political economy of institutional change : with field facts from China

Zhang, Yongjing; Wang, Mei - 2014

This study proposes an analytical framework towards behavioral political economy of institutional change. It considers institutional changes as central government’s choices under uncertainty, which are largely driven by the strategic outcomes in a behavioral coordination game between local...

Persistent link: https://www.econbiz.de/10010404541

Political Institutions, Conflict, Entrepreneurship and Economic Development in Sub-Saharan Africa

Adeolu, Adewole Musiliu - 2016

-Saharan Africa. One important way of promoting development is to effectively transfer de facto power from a small group of political …

Persistent link: https://www.econbiz.de/10012990644

Institutions and Transition

Murrell, Peter - 2006

Prepared for The New Palgrave Dictionary of Economics, 2nd Edition, this essay examines the evolution of both institutions and economists' thinking on institutions during transition. Early in transition, institutions were virtually ignored in the majority of normative prescriptions, but were...

Persistent link: https://www.econbiz.de/10014060271