The family is a key socio-economic unit in society. The nature of its organization is shaped by cultural values and gender norms that change slowly over time. This implies that history matters in the sense that social institutions (e.g. the family, values, norms) tend to reproduce themselves...

Emerging markets (EM) face their fifth consecutive year of slowing growth and a possibly longer period of sluggish performance than previously thought. This paper presents a comprehensive analysis of the nature of and the appropriate policy responses to the growth slowdown in EM. It reports...