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Der Bericht befasst sich mit der Wirtschaftslage und den Reformprozessen nach den Anschlägen vom 11. September in den Ländern Zentralasiens. Es wird dargestellt, welchen Stand die wirtschaftliche Entwicklung erreicht hat und welche Probleme in der zentralasiatischen Region bislang ungelöst...
Persistent link: https://www.econbiz.de/10001706386
productivity, cultural beliefs and institutions. In our model, production shocks that benefit one sector of the economy may induce … sector of the economy can increase investment, political power, and cultural capital associated with the more traditional … sector of the economy, in the process generating a revival of beliefs associated with an outdated economic environment. …
Persistent link: https://www.econbiz.de/10011949432
Why do some societies fail to adopt more efficient institutions in response to changing economic conditions? And why do such conditions sometimes generate ideological backlashes and at other times lead to transformative sociopolitical movements? We propose an explanation that highlights the...
Persistent link: https://www.econbiz.de/10011641551
Our purpose here is to challenge the "big-bang" approach to economic history in which some alleged institutional imposition - a deus machine - is claimed to launch a series of new economic behaviors. This so-called prime mover is then carried forward by the inexorable forces of path dependency...
Persistent link: https://www.econbiz.de/10010362250
The paper explores the paths towards building institutional foundations for inclusive development in Sub-Saharan Africa. Viewing institutional configurations as a system of multiple equilibria, the concepts of endogenous institutions and institutional changes are used to address the question of...
Persistent link: https://www.econbiz.de/10010528654
There is a consensus among scholars that institutions (i.e. norms and regulations) are country specific. The paper aims to contribute to the debate by examining the type of institutions which have been the most important for growth in transition countries. It employs a new set of the...
Persistent link: https://www.econbiz.de/10011524879
This paper presents an attempt to quantify institutional changes and examine the respective effects of de jure and de facto political institutions on the path of long-run economic growth and development for a large panel of countries in the period 1810–2000. Using factor analysis, latent...
Persistent link: https://www.econbiz.de/10012960341
We study the impact of inclusive institutions on innovation using novel, hand-collected, county-level data for Imperial Germany. We use the timing and geography of the French occupation of different German regions after the French Revolution of 1789 as an instrument for institutional quality. We...
Persistent link: https://www.econbiz.de/10012903073
Empirical analysis shows that formal and informal institutions are key factors in explaining why some countries, as well as territories within countries, are more prosperous than others are. After almost 160 years from their formal unification, Italian territories are still quite heterogeneous...
Persistent link: https://www.econbiz.de/10012866607
The economic consequences of French conquest and rule in Italy remain unclear. Recent GDP estimates suggest that the early 1800s were characterized by a short-lived rebound, interrupting a long-run decline from the 1720s to the 1870s. We evaluate the extent to which French rule can help explain...
Persistent link: https://www.econbiz.de/10012852206