distribution of land ownership, adversely affected the implementation of human capital promoting institutions (e.g., public …

This research develops a unified growth theory that captures the transition from the domination of geographical factors … associated with inequality adversely affected the emergence of institutions that promote human capital accumulation. The research … agrarian to an industrial economy generating diverging growth patterns across countries. Furthermore, the qualitative change in …

insufficient to support their income levels and/or growth path, namely they experience a 'governance deficit', which can be …

prediction that political liberalization could discourage trade and trade could foster democracy. …

We use a set of established growth models, which simultaneously include human capital and R&D, to show that the effect … differences in growth paths and development levels across countries, accounting for the main features of economic development of …

distribution of land ownership, adversely affected the implementation of human capital promoting institutions (e.g., public …

East Asian growth experience. This explains why some observers have called the trade regimes of Korea and Taiwan in the … Washington Consensus doctrine. The new mantra from the Washington Consensus Mark 2 is “get the institutions right.” The danger is … that an elastic definition of the term “institutions” will render the current mantra intellectually vacuous. 3. While …

East Asian growth experience. This explains why some observers have called the trade regimes of Korea and Taiwan in the … Washington Consensus doctrine. The new mantra from the Washington Consensus Mark 2 is “get the institutions right.” The danger is … that an elastic definition of the term “institutions” will render the current mantra intellectually vacuous. 3. While …