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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详细
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2008/01/01
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工作文件（编号系列）
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57710
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1
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1
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2010/11/26
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Disclosed
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The role of institutions in growth and development
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economic institution