on micro-data and the big questions posed by the institutions and growth literature. To date, the macroeconomic … literature on institutions and growth has largely relied on cross-country regression evidence. This has provided compelling … evidence for a causal link between a cluster of 'good' institutions and more rapid long run growth. However, an inability to …

Both institutional quality and institutional stability have been argued to stimulate economic growth. But to improve … institutional instability. We investigate the growth effects of institutional quality and instability, using the political risk … the aggregate index, we find evidence that institutional quality is positively linked to growth. While institutional …

also the practical experience over the past 15 years demonstrates that faster economic growth, and hence also more broadly … growth. Another indispensable component is an appropriately designed and implemented economic policy which must not confuse …

This paper reviews the political economy view of economic growth in post-communist economies making the transition to … free markets, focusing on the role of economic policy and institutions. We test the hypothesis that better institutions …, measured in terms of economic freedom, contribute to growth. The empirical results from the cross-section of transition …

paper is to present institutions through the function of economic growth and development. Besides, the purpose is also to …Achieving the long-term economic growth rate and development is the aspiration of all economic policy makers …. Contemporary economic theory recognizes institutions as fundamental sources of economic prosperity. According to Douglas North …

Both institutional quality and institutional stability have been argued to stimulate economic growth. But to improve … institutional instability. We investigate the growth effects of institutional quality and instability, using the political risk … the aggregate index, we find evidence that institutional quality is positively linked to growth. While institutional …

Both institutional quality and institutional stability have been argued to stimulate economic growth. But to improve … institutional instability. We investigate the growth effects of institutional quality and instability, using the political risk … the aggregate index, we find evidence that institutional quality is positively linked to growth. While institutional …

institutions also influences economic growth and the ability of a country to attract trade and foreign direct investment …. Consequently, when institutions of FSU and sub-Saharan countries develop to the point they become attractive to traders and … commit credibly to increasing capacities of their state institutions with a view to supporting property-based rule of law and …