The role of institutions in growth and development (English)

In this paper authors argue that the main determinants of differences in prosperity across countries are differences in economic institutions. To solve the problem of development will entail reforming these institutions. Unfortunately, this is difficult because economic institutions are collective choices that are the outcome of a political process. The economic institutions of a society depend on the nature of political institutions and the distribution...

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Author

Acemoglu,Kamer Daron;

Robinson, James;
Document Date
2008/01/01
Document Type
Working Paper (Numbered Series)
Report Number
57710
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2010/11/26
Disclosure Status
Disclosed
Doc Name
The role of institutions in growth and development
Keywords
economic institution

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Citation

Acemoglu,Kamer Daron; Robinson, James.

The role of institutions in growth and development (English). Commission on growth and development working paper ; no. 10 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/232971468326415075

The role of institutions in growth and development (English)

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