Watch Kunal Sen on his new book Deals and Development. What's the big idea?
16 November 2017
Rapid economic growth in developing countries is usually put down to good economic institutions. But many developing countries with rapid economic growth actually have weak institutions.
New book Deals and Development has a different approach. Kunal explains the book’s finding that it is actually the interaction that political elites have with economic actors – the deals – that makes the difference. The answer is not in institutions, but in politics: