Long-run Causes of Comparative Development: An Interpretation of the Recent Evidence
AbstractWhat explains the extreme variations in development achievement, among LDCs, and between developing and developed countries? This paper present a schematic framework for the interpretation of some influential recent contributions to the study of the majo long-run causes of comparative development. The major emphasis is placed on what has been learned recently about the role of institutions in relation to other factors, through the use of centuries rather than decades of data.
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Bibliographic InfoPaper provided by The George Washington University, Institute for International Economic Policy in its series Working Papers with number 2008-13.
Length: 21 pages
Date of creation: Sep 2007
Date of revision:
comparative development; institutions; geography; colonialism; inequality; property rights; economic opportunity;
Find related papers by JEL classification:
- O17 - Economic Development, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
- O43 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
- N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative
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