Institutions Trade & Economic Development
“Does Investment Spur Growth Everywhere? Not Where Institutions Are Weak” by Thibaut Dort, Pierre-Guillaume Méon and Khalid Sekkat Abstract We investigate the impact of investment on growth in a sample of developed and developing countries, conditioning the marginal effect of investment on institutional quality. The panel structure of our dataset allows controlling for unobserved heterogeneity and dealing […]
We would like to welcome the following new member of the InsTED network. Dr Petros Sekeris (University of Portsmouth) His research interests are in applied microeconomics, including in development economics, the political economy of developing countries, institutional economics, and in the economics of conflicts.
According to Douglas North’s ‘Institutions Hypothesis’, powerful groups within a society will manipulate their nation’s economic institutions in their own interests if they are not bound by appropriate constraints, with potentially deleterious effects on economic development. The main focus is on institutions that specify and enforce contracts and property rights to reduce transactions costs. Existing […]
The Sasakawa Peace Foundation invites applications for its grants. These offer support for projects addressing problems in the fields of international understanding, exchange, and cooperation. Priority areas are: •efforts to ensure peace and security in the international community, including peace building and security issues, and non-traditional security issues; •addressing positive and negative aspects of globalisation, […]
The European University Institute, through the Robert Schuman Centre for Advanced Studies, invites applications for the global governance fellowships. These allow postdoctoral research for one to two academic years. Preference is given to proposals within the following domains: •climate governance; •cultural pluralism; •development; •global economics; •international trade observatory; •modes of global governance. Up to 10 […]
The International Growth Centre at the London School of Economics (IGC) invites researchers to submit proposals for high-calibre research projects relevant to growth policies in developing countries. The deadline is 11:59pm GMT, 30th November 2013. The IGC is building on previous work and streamlining its research with a sharper focus on key research questions that […]
The Department for International Development (DFID a department of the UK government) invites tenders to establish a centre of excellence on impact evaluation of international development. The centre will provide a range of services which will develop and strengthen the evidence base for what works and what does not work in international development, as well […]
One of the great debates in economics concerns the determinants of economic development, investment and growth. Most recently, this literature has focused on whether geography or institutions play the more decisive role in determining economic development. A major issue in this debate concerns the appropriate treatment of the endogeneity of the economic institutions themselves. Much […]
We would like to welcome the following new members of the InsTED network Prof Chad P. Bown (World Bank) His research interests are in the political economy of international trade laws and institutions, trade policy negotiations, and trade disputes. Dr Qi Zhang (LSE & University of Oxford) His primary research fields are international trade, and industrial organization, […]
Experts have long questioned the effect of currency undervaluation on overall GDP growth. They have viewed the underlying basis for this policy intervention in currency markets to keep the price of the home currency cheap as doomed to failure on both theoretical and empirical grounds. Moreover, the view has been that overvalued currencies hurt economic […]