State of Economics Conference Discussion Francesco Caselli A - PowerPoint PPT Presentation

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State of Economics Conference Discussion Francesco Caselli A Growth Taxonomy Income p.c. Time Ingredients of a theory of the kink Lucky draw from population of possible leaders Growth oriented and competent rather than (solely)

State of Economics Conference Discussion Francesco Caselli
A Growth Taxonomy Income p.c. Time
Ingredients of a theory of “the kink” • Lucky draw from population of possible leaders • Growth oriented and competent rather than (solely) kleptocratic and/or incompetent • Sustained long enough to trigger cultural change … • Meritocracy, less acceptance of corruption, expectations of continued growth, success through entrepreneurship • … but not so long that leader’s focus becomes own survival in power

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