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categories of long-term investors – institutional investors and multilateral finance institutions. That opens new opportunities …
Persistent link: https://www.econbiz.de/10012630316
We study the evolution of belief systems that suppress productive effort. These include concerns about the envy of others, beliefs in the importance of luck for success, disdain for competitive effort, and traditional beliefs in witchcraft. We show that such demotivating beliefs can evolve when...
Persistent link: https://www.econbiz.de/10014372420
This chapter surveys research on social capital. We explore the concepts that motivate the social capital literature, efforts to formally model social capital using economic theory, the econometrics of social capital, and empirical studies of the role of social capital in various socioeconomic...
Persistent link: https://www.econbiz.de/10014023761
Two centuries ago, in most countries around the world, women were unable to vote, had no say over their own children or property, and could not obtain a divorce. Women have gradually gained rights in many areas of life, and this legal expansion has been closely intertwined with economic...
Persistent link: https://www.econbiz.de/10013462666
This chapter presents MAMS (Maquette for MDG Simulations), a recursive-dynamic CGE model developed at the World Bank for analysis of medium- to long-run country strategies for low- and middle-income countries, including strategies aimed at improving MDG (Millennium Development Goals) outcomes....
Persistent link: https://www.econbiz.de/10014025287
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This chapter begins by noting that culture as an element in economic development in the Third World has been largely neglected in traditional development economics, most writers either seeing culture as an obstacle to development or ignoring it altogether. Recently a shift in thinking has...
Persistent link: https://www.econbiz.de/10014023816
displaced state authorities and promoted the creation of self-governing institutions that embodied local values and openly … state. Our results suggest that community institutions in guerrilla-controlled areas led to enduring land fragmentation and … disengagement with the government. We argue that when non-state actors develop alternative governance institutions, they can lead to …
Persistent link: https://www.econbiz.de/10013388844
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