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Vietnam's development performance since the early 1990s has been one of the strongest in the world, following the … introduction of its doi moi (renovation) economic reform programme in 1986. The core of Vietnam's economic strategy has been rapid …-owned enterprises while encouraging growth of the private sector. Following an East Asian model, Vietnam has opened its domestic market …
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This study interrogates the theoretical and empirical validities of two dominant theories about Chinese state in the post-Mao period. The authors argue that the meritocratic view has under-theorized the innate contradiction between officials' personal competence and political loyalty. In order...
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I. Concepts, Types, Causes, and Effects -- Inertia: resistance and endurance -- An Introduction to Institutional Inertia: Concept, Types and Causes -- The Origin of Development, Critical Juncture, and Institutional Inertia -- Context, Institutional Inertia and Development -- Inertia in Informal...
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Changes in political boundaries aimed at devolving power to local governments are common in many countries. We examine the economic consequences of redistricting through the creation of smaller government units. Exploiting reforms that led to sharp variations in the number of government units in...
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This paper develops the empirical and theoretical case that differences in economic institutions are the fundamental cause of differences in economic development. We first document the empirical importance of institutions by focusing on two “quasi-natural experiments” in history, the...
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