Found 10 article(s) for author 'James Robinson'

Understanding and improving the one and three times GDP per capita cost-effectiveness thresholds

Understanding and improving the one and three times GDP per capita cost-effectiveness thresholds. James Robinson, June 18, 2016, Paper, “Researchers and policymakers have long been interested in developing simple decision rules to aid in determining whether an intervention is, or is not, cost-effective. In global health, interventions that impose costs per disability-adjusted life year averted less than three and one times gross domestic product per capita are often considered cost-effective and very cost-effective, respectively. This article explores the conceptual foundation and derivation of these thresholds. Its goal is to promote understanding of how these thresholds were derived and their implications, as well as to suggest options for improvement.Link

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The Rise and Decline of General Laws of Capitalism

The Rise and Decline of General Laws of Capitalism. James A. Robinson, January 2015, Paper. “Thomas Piketty’s (2013) book, ‘Capital in the 21st Century,’ follows in the tradition of the great classical economists, like Marx and Ricardo, in formulating general laws of capitalism to diagnose and predict the dynamics of inequality. We argue that general economic laws are unhelpful as a guide to understanding the past or predicting the future because they ignore the central role of political and economic institutions, as well as the endogenous evolution of technology, in shaping the distribution of resources in society…” Link

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James Robinson: No ‘simple recipe’ for inclusive institutions in resource-rich poor nations

James Robinson: No ‘simple recipe’ for inclusive institutions in resource-rich poor nations. James Robinson, December 10, 2014, Video. “Harvard University professor James Robinson shares his thoughts on the process of building inclusive institutions for development.  There is no silver bullet to building inclusive, effective and sustainable institutions in pursuit of development, and according to a top development scholar, this is even more challenging for resource-rich developing countries…” Link

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Africa’s Development in Historical Perspective

Africa’s Development in Historical Perspective. Robert H. Bates, Nathan Nunn, James Robinson, August 2014, Book. “This edited volume addresses the root causes of Africa’s persistent poverty through an investigation of its longue durée history. It interrogates the African past through disease and demography, institutions and governance, African economies and the impact of the export slave trade, colonialism, Africa in the world economy, and culture’s influence on accumulation and investment. Several of the chapters take a comparative perspective, placing Africa’s developments aside other global patterns…” May require purchase or user account. Link

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State Capacity and Economic Development: A Network Approach

State Capacity and Economic Development: A Network Approach. James Robinson, January 8, 2014, Paper. “We study the direct and spillover effects of local state capacity using the network of Colombian municipalities. We model the determination of local and national state capacity as a network game in which each municipality, anticipating the choices and spillovers created by other municipalities and the decisions of the national government, invests in local state capacity and the national government chooses the presence of the national state across municipalities to maximize its own payoff. We then estimate the parameters...” Link

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Economics versus Politics: Pitfalls of Policy Advice

Economics versus Politics: Pitfalls of Policy Advice. James Robinson, Spring 2013, Paper. “The fundamental approach to policy prescription in economics derives from the recognition that the presence of market failures – like externalities, public goods, monopoly, and imperfect competition – creates room for well-designed public interventions to improve social welfare. This tradition, already clear in Pigou (1912), was elaborated by Samuelson (1947), and still provides the basis of most policy advice provided by economists. For example…” Link verified October 8, 2014

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CSES Lecture Series: Why Nations Fail by James Robinson

CSES Lecture Series: Why Nations Fail by James Robinson. James Robinson, January 25, 2013, Video. “Modern economic growth rests on innovation; that is widely accepted. But innovation is usually seen as proportional to effort, investment, and levels of accumulated knowledge technological prowess. These are positive forces; but innovation also requires overcoming the negative forces of established authority, intellectual ‘sunk costs,’ and the vested interests who benefit from maintaining status quo beliefs. Only Western civilization was successful in…” Link verified October 7, 2014

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The Political Economy of Clientelism

The Political Economy of Clientelism. James Robinson, 2013, Paper. “In this paper, we argue that the political-commitment problem provides an explanation for why much income redistribution takes an inefficient form, particularly employment in the public sector. A job is a credible way of redistributing when it provides rents (such as in situations with moral hazard), and employment is optimal ex post. Moreover, a job is selective and reversible, and thus ties the continuation utility of a voter to the political success of a particular politician. We show that…” Link verified October 7, 2014

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Why Nations Fail: The Origins of Power, Prosperity, and Poverty

Why Nations Fail: The Origins of Power, Prosperity, and Poverty. James Robinson, March 2012, Book. Publisher’s description: “Brilliant and engagingly written, Why Nations Failanswers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations…” Link

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Rarely Utilized – The Georgia Business Trust Code

Rarely Utilized – The Georgia Business Trust Code. James Robinson, 2008, Paper. “This group of statutory provisions-let us call it the” Georgia business trust code,” for want of a better title-has been carried over from revision to revision of the Trust Act. Indeed, the proposed draft of the revamped Trust Act (now called the Georgia Trust Code) currently in …Link

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