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The causes and consequences of development clusters: state capacity, peace, and income

Besley, Timothy and Persson, Torsten (2014) The causes and consequences of development clusters: state capacity, peace, and income. Annual Review of Economics, 6 (1). pp. 927-949. ISSN 1941-1383

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Identification Number: 10.1146/annurev-economics-080213-041128

Abstract

Three important aspects of development-per capita income, state capabilities, and (the absence of) political violence-are correlated with each other at the country level. This article discusses the causes of such development clusters and highlights two explanations: common economic, political, and social drivers and complementarities (two-way positive feedbacks). It also draws out preliminary policy implications of these patterns of development and proposes topics for further research.

Item Type: Article
Official URL: http://www.annualreviews.org/
Additional Information: © 2014 by Annual Reviews. All rights reserved.
Divisions: LSE
Subjects: H Social Sciences > HB Economic Theory
Date Deposited: 05 Sep 2014 08:52
Last Modified: 20 May 2020 03:03
URI: http://eprints.lse.ac.uk/id/eprint/59276

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