In this chapter, we discuss whether or not governance is an important source of variation in development experiences. We draw four main conclusions. First, governance is best thought of a subset of institutions and as such emphasis on governance is consistent with much recent academic work....

In this essay, I review recent research on the effects of economic development on democracy. On the theoretical side, for the first time there has been a systematic attempt to bring the types of formal models developed by economists and political scientists outside of comparative politics to...

Is inequality harmful for economic growth? Is the underdevelopment of Latin America related to its unequal distribution of wealth? A recently emerging consensus claims not only that economic inequality has detrimental effects on economic growth in general, but also that differences in economic...