institutions with the resources, expertise, and authority to present policy solutions fitting the elite's general ideas about …

. Viewing institutional configurations as a system of multiple equilibria, the concepts of endogenous institutions and …

The notion that foreign aid harms the institutions of recipient governments remains prevalent. We combine new … disaggregated aid data and various metrics of political institutions to re-examine this relationship. Long-run cross-section and … alternative dynamic panel estimators show a small positive net effect of total aid on political institutions. Distinguishing …

. A blend of institutions have guided technological upgrading in the industry, especially in the state of Penang. Smooth …

The paper explores a phenomenon often observed in transition economies, when newly established institutions are misused … incidences institutions become sources of private gains and lose their value-creation role and capacity. We offer a typology of … governments and societies fail to serve as institutions' guardians. Implications misused institutions for economic and political …

productive activities. We show that in this model two stable equilibria can emerge. As Baumol (1990) hypothesized, institutions … the importance of high quality institutions in developing countries and sheds light on the situation in conflict and post …-conflict countries, where both informal and formal institutions arguably have broken down. Under such circumstances, our analysis shows …