Grant Period : Apr 2018 to Sep 2019
Faculty : VU, Minh Khuong
The economics literature has extensively examined the determinants of economic growth and development, of which institutional quality is found to be a primary driver (see: North, 1990a, 1990b; Acemoglu et al., 2003, 2005; Acemoglu and Robinson, 2012; Rodrik et al., 2004). Numerous indicators of institutional quality - including property rights, rule of law, policy consistency, and control of co1TUption, among others - have been empirically shown as robust detenninants of economic growth and the level of income.
This research examines the strategic choices of governments as a critical factor in institutional buildings and economic development, particularly as they relate to global economic integration, infrastructure development, and embracing the JCT revolution. the main focus of this study is to evidence that making sound strategic choices is essential for a developing country overcome its limitations in weak institutions and set a right path for its endeavors to promote economic development and institutional upgrading"