The paper tests the hypothesis of a positive impact of democratization on growth, economic development and changes in … well-being. We construct an empirical model to explain the impact of political institutions (democracy), economic … institutions, financial market efficiency, scientific achievements and financial or FDI geography on growth. The empirical work …

also the practical experience over the past 15 years demonstrates that faster economic growth, and hence also more broadly …, socioeconomic development, is attained by those countries which take greater care to foster the institutional reinforcement of … growth. Another indispensable component is an appropriately designed and implemented economic policy which must not confuse …

paper is to present institutions through the function of economic growth and development. Besides, the purpose is also to …Achieving the long-term economic growth rate and development is the aspiration of all economic policy makers …. Contemporary economic theory recognizes institutions as fundamental sources of economic prosperity. According to Douglas North …

also been identified as an important factor that affects economic growth and development. This paper empirically examines …Economic performance is closely linked to the existence of good institutions. However, the quality of governance has … industrialization across them. Towards this end, indices for institutions—such as the protection of property rights, the efficiency of …

I investigate the link between business regulatory reforms and economic growth in 172 countries. I create a 5year … regulatory reforms increase economic growth, using data on micro-economic reforms. These data do not suffer the endogeneity … issues associated with other datasets on changes in economic institutions. The results provide a robust support for the claim …

approach to economic development under the hypothesis that the political alternation and the institutional transformations … associated to it have not modified significantly the economic and development patterns of the state. The authors estimate and …

This paper provides an analytic review of selected contributions to the study of institutions and economic growth. We …, intermediate and proximate causes of growth and development. … review the contributions to the study of institutional determinants of long-run growth by Engerman and Sokoloff, and Acemoglu …

I review the literature on the effects of inequality on growth and development in the developing world. Two stylized … facts emerge from empirical studies: inequality is more likely to harm growth in countries at low levels of income (below … .45. Theory and evidence suggest that high inequality affects growth: (1) through interaction with incomplete and …

Economic institutions are widely thought to be important in enhancing human well-being. Other scholars emphasize … geography in determining economic deprivation and development. This paper examines both types of factors and finds that property … rights and economic freedom substantially reduce poverty and enhance economic development. …