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Red Tape? The Revenue Impact of the VAT Filing Thresholds

Value-added tax systems across the world are afflicted with size-dependent regulations.The benefit of such regulations to the tax authority is unclear. In this paper, we use an administrative dataset from the state of Delhi in India to first show that…

Thematic Insight: Can information improve the functioning of courts?

Countries where courts are weak, and rights are poorly enforced, tend to be countries with worse economic outcomes (Pande and Udry, 2006; Rodrik, 2000, 2005). To better understand the relationship between the functioning of judicial systems and economic growth, Dal…

Aspirations in Economics: A Review

Abstract: This paper reviews the literature on aspirations in economics, with a particular focus on socially determined aspirations. The core theory builds on two fundamental principles: (a) aspirations can serve to inspire, but still higher aspirations can lead to frustration…

Why do land rights matter?

Sylvie Lambert (Paris School of Economics), Garance Genicot (Georgetown University), and Markus Goldstein (World Bank) discuss the significance of ensuring land rights to economic activity in the agricultural sectory in the Congo Basin, how securing land rights for women is…

What is an institutional diagnostic?

Economic Development & Institutions programme is developing a diagnostic framework that will help identify the institutional challenges a country faces in boosting development and economic outcomes, and as such highlights where efforts should be spent to enhance development activities. Francois…

Formal Institutions and Development in Low-Income Countries: Positive and Normative Theory

This paper reviews and discusses the literature on formal institutions and development. We first discuss the mapping from institutions to economic development, with the main emphasis on the effect on economic growth. We thereafter discuss two main literatures on endogenous…

Institutions for Infrastructure in Developing Countries

The paper surveys the very heterogeneous economic literature on the scope and limits of efforts to match institutional constraints and needs, on the one hand, and infrastructure policy and project designs, on the other, to increase the odds of improving…

Institutions, the environment, and development

Environmental problems may be classified by the scale of the relevant externalities. Some externalities are primarily local, for example, those concerning the management of resources like forests, pastures and inland fisheries, or local air and water pollution. Others are mainly regional…

Media as a Tool for Institutional Change in Development

This paper reviews the channels through which the media can be a tool of institutional development, building the argument in two parts. First I focus on the media as a tool for accountability: by providing information on candidates ex ante,…

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