This paper identifies endogenous social effects in mathematics test performance for eighth graders in rural Bangladesh using information on arsenic contamination of water wells at home as an instrument. In other words, the identification relies on variation in test scores among peers owing to...

This paper re-examines the causal impact of military expenditure on growth in the presence of internal and external threats for the period 1990-2013 using data from 70 developing countries. We find that differences in methods, model specifications, and the underlying estimation sample partly...

This paper identifies endogenous social effects in mathematics test performance for eighth graders in rural Bangladesh using information on arsenic contamination of water wells at home as an instrument. In other words, the identification relies on variation in test scores among peers owing to...

Introduction -- Thinking Like an Economist, Especially in a Less Developed Country -- The Ethical Basis of Economic Theory and Practice -- Institutions, Morality Norms and Development -- Amartya Sen's Ideas in the Context of Socio-Economic Progress of Bangladesh -- Is there an Economics of...

The global education goals, with their emphasis on the quantitative indicators such as the enrollment rates or the number of years of schooling, may have led to too narrow a focus in linking education to human capital development. While many low-income countries have made remarkable progress...

This paper studies the distributive impact of institutional change in developing countries. In such economies, property rights systems may preserve the interests of an influential minority, who can control key-markets, access to assets and investment opportunities, especially if they enjoy...

The increasing realisation that governance quality is a fundamental element of long-run development has led to its consideration as a desirable development goal in its own right. To contribute to such a process, this article provides a framework to set, measure and monitor governance goals in...