How deep are the roots of current economic development?

January 17, 2009

There are two big questions floating around here. First, are countries (or populations, or regions) rich because of some persistent characteristic that can be traced backwards through history? Second, are those characteristics determined by geography, institutions, culture, or just plain luck?

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References

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  145. 2006.   Luigi Guiso and Paola Sapienza and Luigi Zingales.   "Does Culture Affect Economic Outcomes?".   Journal of Economic Perspectives, 20(2):23-48.   Link
  146. 2006.   Avner Greif.   "Family Structure, Institutions, and Growth, The Origins and Implications of Western Corporations".   American Economic Review, 96(2):308-312.   Link
  147. 2006.   Galor, Oded and Moav, Omer.   "Das human-kapital, A theory of the demise of the class structure".   The Review of Economic Studies, 73(1):85.
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  150. 2005.   James C. McCann.   Maize and Grace, Africa's Encounter with a New World Crop 1500-2000. Harvard University Press
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