The success of an economic system depends on its having a strong basis of legitimacy in society. For much of the twentieth century, the legitimacy of "American capitalism" was based on the public belief that it would most rapidly and successfully advance the economic progress of the American...

This paper synthesizes statistical information evidencing the proposition that extractive industries are of great significance in many low- and middle-income developing economies. It examines the scale of the current dependence of low- and middle-income economies on both types of extractive...

The question of whether aid recipient countries would benefit from stronger income effects if foreign donors provided higher quality aid has received scant attention so far. We make use of the ranking of donors by the Center for Global Development to compare the effects of quality-adjusted aid...