Equity, Institutions and the Development Process


Robinson, James A. 2006. “Equity, Institutions and the Development Process.” Nordic Journal of Political Economy 32: 17-50.


In this essay I argue that to develop institutions that promote economic development societies must be equitable in fundamental ways. I particularly emphasize how important an equitable distribution of political power in society is to have well functioning institutions that support market activities. I show these ideas are consistent with broad patterns in the cross-national data and country case studies.
Last updated on 12/04/2012