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Lant Pritchett on Economic Growth, Charter Cities, and State Capability

Charter Cities Podcast

CHAPTER

Unlocking Economic Growth and the Role of Institutions

This chapter explores the role of institutions in economic growth, emphasizing that growth should emerge from institutions rather than being fixed beforehand. They delve into the significance of performance pressured diversity, the essence of markets, China's system of variation, and the concept of meta institutions. The chapter concludes with a call for greater specificity when discussing the abstract concept of 'institutions'.

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