terms of their convergence in selected macroeconomic fundamentals. The analysis uses monthly data on industrial output … natural economic integration among them so far. Certain levels of convergence occurred only for a limited number of countries …

1950s. Finally, we turn to the determinants of a broad array of development indicators for the year 1960 and for the 1960 …-2000 period. Our main conclusion is that race, rather than political institutions and education policies, is the main force …

. According to our preferred interpretation, these events provide evidence that, under weak institutions, popular mobilization and …

This survey reviews the recent research on trust, institutions and economic development. It discusses the various … economic performance are reviewed. We document the mechanisms of interactions between trust and economic development in the … research on the impact of trust on human development and well-being. The last part reviews recent progress to identify how …

of geography and institutions. We investigate the volatility effects of market access, climate variability, the …

the answer may be no is that countries pursuing poor macroeconomic policies also have weak ‘institutions’, including … political institutions that do not constrain politicians and political elites, ineffective enforcement of property rights for … more ‘extractive’ institutions from their colonial past were more likely to experience high volatility and economic crises …