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Why growth rates differ

In: Mapping a New World Order

Author

Listed:
  • Vladimir Popov

Abstract

Many agree that the crucial factor of economic growth is institutions in the long term, but there is less agreement on what determines institutional strength. The chapter uses objective measures of the institutional capacity (shadow economy and murder rate) to trace the trajectories of institutional developments in the Global South and discusses hypotheses to explain these trajectories.

Suggested Citation

  • Vladimir Popov, 2017. "Why growth rates differ," Chapters, in: Vladimir Popov & Piotr Dutkiewicz (ed.), Mapping a New World Order, chapter 3, pages 38-52, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:17622_3
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