Why some countries are much richer than others? This technical note proposes a framework to begin to answer this question. The first part defines inefficient institutions as the cause of the economic differences between societies. The second part examines how these institutions change. And the final part shows how lessons from the institutional framework can be applied. "Hide
by Victor Abiad 6 pages. Publication Date: April 3, 2004. Prod. #: UV0987-PDF-ENG
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