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: | 05 Apr 2024 01:36 |
| URI: | http://eprints.lse.ac.uk/id/eprint/59276 |
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