Institutional quality (IQ) plays a crucial role in achieving the Sustainable Development Goals. IQ is fundamental to SDG's 16, which promotes peaceful and inclusive societies, provides access to justice, and builds effective, accountable, and transparent institutions. Countries with strong...

This short paper was written as a contribution to an ESHET roundtable about the links between the history of economic thought and economic policies. The history of the field of development economics illustrates, by its very nature as an essentially applied discipline, how ideas and policies...

The pursuit for achievement of development aspirations of people world over has been at the core of both intellectuals, politicians and policymakers alike. The discipline of development studies has grown in its influence and attention from different disciplines after the second world war. This...

Despite great leaps in science, technology, and human civilization since World War II, many countries in the world have been stuck in “middle income” traps or remained hopelessly poor. Why do such phenomena happen and how long may they last? To answer these questions, we introduce a new...