In this fifth part of our series on economic growth and development, I examine the major factors that have been advanced as explaining differences in growth outcomes between countries. I provide a summary of the arguments and evidence for and against the importance of culture, dependency, democracy, geography, education, and institutions in accounting for differential growth outcomes, and conclude with a comparative empirical analysis in which I argue that institutional differences explain the majority of growth differences. The Recommended pre-listening is Episode 106: Economic Growth and Development Part IV.
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Episode 27: Intermolecular Bonds and Phase Transitions
Episode 26: Human Organ Systems
Episode 25: Organs, Tissues and Systems
Episode 24: Vibrations and Waves
Episode 23: Chemical Reactions
Episode 22: Our Place in the Cosmos
Episode 21: Introduction to Evolution
Episode 20: The Reliability of Memory
Episode 18: Biochemistry Basics
Episode 19: Market Failure
Episode 17: Energy, Work and Momentum
Episode 16: Profits and Competition
Episode 15: Chemical Bonding
Episode 14: Principles of Quantum Mechanics
Episode 13: Newtonian Mechanics
Episode 12: The Price System
Episode 11: The Origin of the Universe
Episode 10: The Cell
Episode 9: Matter and Molecules
Episode 8: The Atom
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