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It’s evolution, baby – how institutions can improve without critical junctures

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  • Otaviano Canuto
  • Tiago Ribeiro dos Santos

Abstract

Daron Acemoglu and James Robinson caught policymaker’s attention to the critical role of institutions for development. Their work gives too much emphasis to the prospects of revolution, however. A reading of the World Bank’s World Development Report of 2017 points to directions that all actors involved in the process, whether domestic or international, elite or non-elite, can take to improve societies.

Suggested Citation

  • Otaviano Canuto & Tiago Ribeiro dos Santos, 2018. "It’s evolution, baby – how institutions can improve without critical junctures," Research papers & Policy papers on Economic Trends and Policies 1810, Policy Center for the New South.
    • Handle: RePEc:ocp:rpaeco:pb-18-39
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