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Unformatted text preview: ich factor is more
crucial. Continuing with the inter-relationship between education and
institutions. A large recent literature has focused on how, during the
colonial period, much worse institutions developed in Latin America
than in North America. But we also know, don’ we, that the US was
founded by literate bible reading puritans, rather than rampaging
conquistadors. Maybe the real action is human capital.
James A. Robinson (Harvard) The Emergence of Modern Economic Growth: A Comparative and2, 2009
September Historical Analysis
13 / 19 Modernization?
Change in Freedom House Political Rights Index
1 Figure 1
Democracy Growth and Education Growth 1970-1995
HUN BEN MWI CAF ISR URY
AUT PHL TGO PER JPN
TTO MEX FIN ZAF
BWA CYP MLT FRA CAN TUN
GUY ZAR USA
PRY IRL SDN CMRSLVJAM
CHL VEN GTM
LKA IDNCOL IND FJI
AFG 0 KOR TWN HTI
UGA MUS SEN BEL
AUS ESP HND
THA LSO BOL
BRANPL NER BRB GRC PAN
ECU POL ZMB JOR DZA
IRQ SYRSWE SGP
IRN NOR KWT
SWZ MYS SLE 2
Change in Average Years of Schooling (Barro-Lee) 6 Source: Acemoglu, Daron, Simon Johnson, James A. Robinso...
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This document was uploaded on 02/28/2014 for the course ECON 2328 at Harvard.
- Fall '09
- The Bible