Archive for marzo 12th, 2016

Institutions and development: Some thoughts and open questions

Institutions and development: Some thoughts and open questions

Capitalist institutions have clearly brought about a great deal of progress in what are today’s developed countries. It is therefore no wonder that the prevailing belief in institutional economics is that underdevelopment is chiefly a consequence of institutional shortcomings. The prevailing idea in the literature is that some countries haveRead More