Lawrence J. McQuillan | Thursday September 28, 2017 at 5:35 PM PDT | Comments Off on Transcending Government — A Future of Competitive Governance Driven by “Governance Entrepreneurs”
In a little-known 2006 World Bank report Where Is the Wealth of Nations? a team of economists provide a snapshot of wealth in 120 countries, and they find that governance is key. A full 46 percent of total wealth in high-income countries derives from the rule of law, the most important factor. This is an...
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Tags: Andrei Shleifer, charter cities, civil law, common law, competitive governance, creative destruction, Dubai, Friedrich Hayek, governance, governance entrepreneurs, governance entrepreneurship, governance systems, human capital, legal origins, path dependency, Ross Levine, Rule of Law, special economic zones, voluntary cities, wealth, wealth of nations, World Bank