A theoretical and empirical examination of why political institutions and organizations matter in economic growth.

Recent research demonstrates that the quality of public institutions is crucial for a number of important environmental, social, economic, and political outcome

Because protection of property rights cannot be appropriated by any individual, it is widely recognized as being the state's responsibility. Moreover, recent em

'. . . this volume is an excellent resource for those interested in the analysis of institutions' design and economic development. . .' - Oscar Alfranca, Progre

Why are carefully designed, sensible policies too often not adopted or implemented? When they are, why do they often fail to generate development outcomes such