Institutions and economic growth: Summary and synthesis

Adam Szirmai

No 2013-070, MERIT Working Papers from United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT)

Abstract: This paper provides a review and synthesis of the findings of the second phase of a research project on institutions and long-run economic performance. It discusses research findings in five areas, namely (1) the relationship between institutional characteristics and the duration of economic slumps; (2) the relative importance for growth of institutions, trade openness and geography; (3) the determinants and consequences of state capacities; (4) the interactions between institutions, foreign direct investment and domestic investment; and (5) the relative contributions of growth and inequality to poverty reduction. The paper concludes with recommendations for future research in the field of institutions and economic development.

Keywords: Institutions; Economic Growth; State Capacity; Foreign Direct Investment; FDI; Poverty (search for similar items in EconPapers)
JEL-codes: B52 E02 O10 O43 (search for similar items in EconPapers)
Date: 2013-12-31
New Economics Papers: this item is included in nep-gro and nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://unu-merit.nl/publications/wppdf/2013/wp2013-070.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:unm:unumer:2013070

Access Statistics for this paper

More papers in MERIT Working Papers from United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT) Contact information at EDIRC.
Bibliographic data for series maintained by Ad Notten ( this e-mail address is bad, please contact ).