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Role of Institutions in Economic Development, The

Gunnar Myrdal Lecture

  • Author: UN, ECE
  • Publication date: January 2004
  • Page count: 16
  • Language(s) in this book: English
  • Sales number: 03.II.E.50

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About the book

This paper discusses the role of institutions in economic development. The author puts forward an argument that the considerable gap in real income per capita between richer and poorer countries reflects the quality of their institutions. Definitions and explanations are provided to support this statement.