Design and Reform of Institutions in LDCs and Transition Economies Insitutions: Top Down or Bottom Up?
Posted: 26 May 2012
Date Written: 2008
A large research program in economics has established a persuasive link between institutions and economic development. But what does this imply for development policymaking? Can a political leader or aid agency seeking to promote development readily change institutions? This article starts off wildly general, and then moves to specifics.
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