The three were recognised for their "studies of how institutions are formed and affect prosperity ... Development", AJR argue that the most effective predictor of future economic growth was ...

The Nobel committee focused on the economists' analyses of how differences in European colonial institutions affected the ...

Institutional and economic development generally occur simultaneously, making it difficult to know which is causing which. This year's Nobel laureates in economics tackled this question by examining ...

Africans are urged to adequately use the potential of tourism for sustainable economic development and prosperity.