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What is Institutions and Economic Growth Analysis about?

This document summarizes a research paper that examines how different types of institutions impact economic growth. It finds that: 1) Market-creating and market-stabilizing institutions are important for fostering economic growth, based on applying a dynamic panel model. 2) Poor countries benefit the most from market-creating institutions and institutions that support market stability. Some evidence also suggests that market-legitimizing institutions like democracy may not be optimal for growth in poor c

Author

Liber Iván León Ortega

Language

EN