Publication:
The Role of Institutions in Growth and Development

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dc.contributor.authorAcemoglu, Daron
dc.contributor.authorRobinson, James
dc.date.accessioned2017-08-28T21:01:16Z
dc.date.available2017-08-28T21:01:16Z
dc.date.issued2008
dc.description.abstractIn this paper authors argue that the main determinants of differences in prosperity across countries are differences in economic institutions. To solve the problem of development will entail reforming these institutions. Unfortunately, this is difficult because economic institutions are collective choices that are the outcome of a political process. The economic institutions of a society depend on the nature of political institutions and the distribution of political power in society. As yet, authors only have a highly preliminary understanding of the factors that lead a society into a political equilibrium which supports good economic institutions. However, it is clear that it is the political nature of an institutional equilibrium that makes it very difficult to reform economic institutions. The authors illustrate this with a series of pitfalls of institutional reforms. The author's analysis reveals challenges for those who would wish to solve the problem of development and poverty. That such challenges exist is hardly surprising and believe that the main reason for such challenges is the forces authors have outlined in this paper. Better development policy will only come when authors recognize this and understand these forces better. Nevertheless, some countries do undergo political transitions, reform their institutions, and move onto more successful paths of economic development.en
dc.identifierhttp://documents.worldbank.org/curated/en/232971468326415075/The-role-of-institutions-in-growth-and-development
dc.identifier.doi10.1596/28045
dc.identifier.urihttps://hdl.handle.net/10986/28045
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesCommission on Growth and Development Working Paper;No. 10
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectADULT POPULATION
dc.subjectAGRICULTURAL POLICIES
dc.subjectALLOCATION
dc.subjectAUTOCRACY
dc.subjectBARRIERS TO ENTRY
dc.subjectBUREAUCRACY
dc.subjectCAPITALISM
dc.subjectCHECKS AND BALANCES
dc.subjectCITIZENS
dc.subjectCIVIL WAR
dc.subjectCLIMATE CHANGE
dc.subjectCOERCION
dc.subjectCOLLECTIVE ACTION
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCRISES
dc.subjectDEATH RATES
dc.subjectDEMOCRACIES
dc.subjectDEMOCRACY
dc.subjectDEMOCRATIC POLITICS
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT POLICY
dc.subjectDICTATORSHIP
dc.subjectECONOMIC BENEFITS
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC HISTORY
dc.subjectECONOMIC OPPORTUNITIES
dc.subjectECONOMIC POLICIES
dc.subjectECONOMIC PROGRESS
dc.subjectECONOMIC RESOURCES
dc.subjectECONOMIC SYSTEM
dc.subjectECONOMIC THEORY
dc.subjectECONOMICS
dc.subjectEDUCATIONAL INSTITUTIONS
dc.subjectELECTION
dc.subjectELECTIONS
dc.subjectEMPIRE
dc.subjectEMPLOYMENT
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFORCED LABOR
dc.subjectFRANCHISE
dc.subjectFREE PRESS
dc.subjectGDP
dc.subjectGREENHOUSE GASES
dc.subjectHUMAN CAPITAL
dc.subjectINCOME
dc.subjectINCOME DISTRIBUTION
dc.subjectINCUMBENT
dc.subjectINDIGENOUS PEOPLES
dc.subjectINDUSTRIAL DEVELOPMENT
dc.subjectINDUSTRIAL REVOLUTION
dc.subjectINDUSTRIALIZATION
dc.subjectINEQUITIES
dc.subjectINNOVATION
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectINVESTIGATION
dc.subjectINVESTIGATIONS
dc.subjectLABOR FORCE
dc.subjectLABOR FORCES
dc.subjectLABOR MARKET
dc.subjectLABOR MOBILITY
dc.subjectLABOR MOVEMENT
dc.subjectLABOR MOVEMENTS
dc.subjectLABOR SUPPLY
dc.subjectLABORERS
dc.subjectLAWS
dc.subjectLEGAL PROTECTION
dc.subjectLEGAL STATUS
dc.subjectLEGAL SYSTEM
dc.subjectLEGISLATION
dc.subjectLEVEL OF DEVELOPMENT
dc.subjectLIVING STANDARDS
dc.subjectMALARIA
dc.subjectMERCHANTS
dc.subjectMIGRATION
dc.subjectMILITARY FORCES
dc.subjectMINORITY
dc.subjectMODERNIZATION
dc.subjectMONARCH
dc.subjectMONARCHS
dc.subjectMONARCHY
dc.subjectMONOPOLY
dc.subjectMONOPSONY
dc.subjectMORTALITY
dc.subjectMOTIVATION
dc.subjectNATION STATE
dc.subjectNATIVE POPULATION
dc.subjectNATURAL RESOURCES
dc.subjectOLIGARCHY
dc.subjectPOLICY MAKERS
dc.subjectPOLICY MAKING
dc.subjectPOLITICAL ECONOMY
dc.subjectPOLITICAL INSTITUTIONS
dc.subjectPOLITICAL LIFE
dc.subjectPOLITICAL PARTIES
dc.subjectPOLITICAL PARTY
dc.subjectPOLITICAL POWER
dc.subjectPOLITICAL PROCESS
dc.subjectPOLITICAL SCIENCE
dc.subjectPOLITICAL SPHERE
dc.subjectPOLITICAL SUPPORT
dc.subjectPOLITICAL SYSTEM
dc.subjectPOPULAR SUPPORT
dc.subjectPOPULISM
dc.subjectPRACTITIONERS
dc.subjectPRIVATE OWNERSHIP
dc.subjectPROGRESS
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC AFFAIRS
dc.subjectPUBLIC GOODS
dc.subjectPUBLIC INTEREST
dc.subjectPUBLIC POLICY
dc.subjectPUBLIC SECTOR
dc.subjectQUEEN
dc.subjectRATES OF URBANIZATION
dc.subjectRENTS
dc.subjectREPRESENTATIVES
dc.subjectREPUBLIC
dc.subjectRESPECT
dc.subjectRURAL PRODUCERS
dc.subjectSMALLHOLDERS
dc.subjectSOCIAL CHANGES
dc.subjectSOCIAL CLASSES
dc.subjectSOCIAL GROUP
dc.subjectSOCIAL SCIENCE
dc.subjectSOCIALISM
dc.subjectSOLDIERS
dc.subjectSTATE UNIVERSITY
dc.subjectSUFFRAGE
dc.subjectTAXATION
dc.subjectTRADE-OFF
dc.subjectUNIONS
dc.subjectURBAN AREAS
dc.subjectVIOLENCE
dc.subjectWAR
dc.subjectWARS
dc.titleThe Role of Institutions in Growth and Developmenten
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.date.disclosure2010-11-26
okr.date.doiregistration2025-04-15T11:10:20.990233Z
okr.doctypePublications & Research::Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/232971468326415075/The-role-of-institutions-in-growth-and-development
okr.guid232971468326415075
okr.identifier.externaldocumentum000334955_20101126042935
okr.identifier.internaldocumentum13163210
okr.identifier.report57710
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/232971468326415075/pdf/577100NWP0Box31UBLIC10gc1wp10101web.pdfen
okr.topicMacroeconomics and Economic Growth::Political Economy
okr.topicMacroeconomics and Economic Growth::Economic Development
okr.topicMacroeconomics and Economic Growth::Economic Policy, Institutions and Governance
okr.topicMacroeconomics and Economic Growth::Economic Theory & Research
okr.topicMacroeconomics and Economic Growth::Economics and Institutions
okr.unitIDA Resource Mobilization (DFIRM)
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