Citation
Robinson, James A. 2006. “Equity, Institutions and the Development Process”. Nordic Journal of Political Economy 32:17-50.
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Equity, Institutions and the Development Process
Abstract
In this essay I argue that to develop institutions that promote economic development societies must be equitable in fundamental ways. I particularly emphasize how important an equitable distribution of political power in society is to have well functioning institutions that support market activities. I show these ideas are consistent with broad patterns in the cross-national data and country case studies.