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Economic research shows that social cohesion is vital for good institutions and growth.
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They argue policy makers should encourage both democratization as well as the expansion of "state capacity" in order to escape from the threat growth reversals still pose to Africa's current phase of growth.But perhaps other lessons could be learned from this sort of economic history as well, aside from the importance of good institutions for growth.
Did China become a neoliberal state or strongly protect intellectual property (a sign of good institutions for these schools of thought)?
Those past programmes offer important lessons for Greece.The first is the importance of good institutions.
The Chinese government ranks colleges and universities and have identified the "top" or very good instituions as well as the next tier of (or good) institutions both for receipt of funding and for national recognition.
In general, those institutions are good institutions.
Good institutions occasionally produce mishaps.
Mr. Obama was asked by Rolling Stone whether Fox News is "a good institution for America and for democracy".
"It may mean just a good institution making a good decision for itself".
These writers dwell upon a few prominent institutions, such as the Met, and for good reason, given these institutions' high visibility and tastemaker status.
The shadow points to lost trust in our institutions for good reason, from government to Wall Street to big business to mainstream media.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com