Munich Personal RePEc Archive

Institutions: top down or bottom up?

Easterly, William (2008): Institutions: top down or bottom up? Published in: American Economic Review , Vol. 2, No. 98 (May 2008): pp. 95-99.

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Abstract

A large research program in economics has established a persuasive link between institutions and economic development. But what does this imply for development policymaking? Can a political leader or aid agency seeking to promote development readily change institutions? This article starts off wildly general, and then moves to specifics.

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