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Do weak institutions prolong crises? : On the identification, characteristics, and duration of declines during economic slumps

  • Bluhm R
  • Crombrugghe D.P.I. de
  • Szirmai A.


This working paper is part of the research programme on Institutions, Governance and Longterm Economic Growth, a partnership between the French Development Agency AFD and the Maastricht Graduate School of Governance Maastricht University - UNU-Merit. The research builds on the Institutional Profiles Database IPD, jointly developed by AFD and the French Ministry of the Economy since 2001.

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Paper provided by United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT) in its series MERIT Working Papers with number 069.

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Date of creation: 2013
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Handle: RePEc:unm:unumer:2013069
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