The Interdependence of Economic Growth, Human Development and Political Institutions

Sebastian Krantz
The causal links between growth, human development and institutions are central to understanding the long-run development process. The turn of the millennium has seen influential research in development economics attempting to uncover some of these links, but a focus on root-causes of growth has limited its insights in both scope and method. This paper provides a fresh analysis of the interdependence of growth, human development and institutions using a general equilibrium framework. The framework is...
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