Two theories predominate in discussions of why China and Vietnam have, over the past
three decades, achieved such rapid economic growth. The first argues that their startling …

Why has China grown so fast for so long despite vast corruption? In China's Gilded Age,
Yuen Yuen Ang maintains that all corruption is harmful, but not all types of corruption hurt …

What is the interrelationship among formal institutions, social networks, and new venture
growth? Drawing on the theory of institutional polycentrism and social network theory, we …

Outline of this report 4 Main messages of this report 17 1.1 Access to finance vs. use:
voluntary and involuntary exclusion 29 1.2 Access to finance: supply vs. demand constraints …

Corruption is conventionally measured in global indices as a one-dimensional problem—
one score for every country—a practice that has profoundly shaped our conceptualization of …

Vietnam: Rethinking the State offers an exciting and up-to-date look at the politics of this
fascinating country as it seeks to make the transition from war-torn economic backwater to a …

This paper establishes the presence of political corruption in court and identifies a novel
channel—interfering with court decisions—through which local corrupt politicians provide …

Can firms leverage public entrepreneurship investments to improve innovation and financial
performance? Analysis of this question is frustrated by the difficulty of distinguishing …

Comparative political economy offers a wealth of hypotheses connecting decentralization to
improved public service delivery. In recent years, influential formal and experimental work …

An influential literature has demonstrated that legislative transparency can improve the
performance of parliamentarians in democracies. In a democracy, the incentive for improved …