Despite the rapid growth of the small and medium-sized enterprise sector since the 1970s,
rates of entrepreneurial activity in the UK remain moderate by international standards. Since …

What is good government? Why do some governments fail? How do you implement political
accountability in practice? What incentives do you need to put in place to ensure that …

This review discusses the unique features of Austrian economics and some of the recent
contributions of this school of thought. We organize these contributions in different research …

This contribution claims that structural economic reform, in a range of non-OECD countries,
has led to capitalist, yet non-market economies which differ qualitatively from competition …

Innovation is among the most important topics in understanding economic sustained
economic growth. Jason Potts argues that the initial stages of innovation require cooperation …

In this paper, we examine the resiliency of community recovery after a natural disaster. We
argue that a resilient recovery requires robust economic/financial institutions, political/legal …

This paper reconceptualizes and unbundles the relationship between public predation, state
capacity and economic development. By reframing our understanding of state capacity …

Existing research suggests that foreign direct investment (FDI) flows into countries with good
institutional infrastructure. We distinguish between general environmental institutions (GEI) …

What is the role of the state in economic development? This question has puzzled thinkers
since before Adam Smith. And economists even to this day continue to puzzle this question …

With its deep economic crisis and dramatic political developments Greece has puzzled
Europe and the world. What explains its long-standing problems and its incapacity to reform …