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Institutions as Investments

In: The Political Dimension of Economic Growth

Author

Listed:
  • Robert H. Bates

    (Harvard University)

Abstract

In the 1980s, international capital markets nearly collapsed. In an effort to revive international lending, bankers and diplomats created new institutions and reformed old ones. And in an effort to become creditworthy, developing countries altered their economic policies and their structures of government.

Suggested Citation

  • Robert H. Bates, 1998. "Institutions as Investments," International Economic Association Series, in: Silvio Borner & Martin Paldam (ed.), The Political Dimension of Economic Growth, chapter 1, pages 3-19, Palgrave Macmillan.
  • Handle: RePEc:pal:intecp:978-1-349-26284-7_1
    DOI: 10.1007/978-1-349-26284-7_1
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    Cited by:

    1. Andersson, Krister P. & Gibson, Clark C. & Lehoucq, Fabrice, 2006. "Municipal politics and forest governance: Comparative analysis of decentralization in Bolivia and Guatemala," World Development, Elsevier, vol. 34(3), pages 576-595, March.

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