Besley, Timothy ORCID: 0000-0002-8923-6372 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
Full text not available from this repository.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 |
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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: | 12 Dec 2024 00:42 |
URI: | http://eprints.lse.ac.uk/id/eprint/59276 |
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