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From the World Bank files:

Figure 5 Countries with good economic policies and stronger institutional capability grow faster
Figure 5 Countries with good economic policies and stronger institutional capability grow faster
Note: Each growth rate is the average for a group of countries. Results are based on a regression using panel data from ninety-four industrial and developing countries for the period 1964­93, controlling for education, income, and other variables. See the Technical Note for details. Source: Commander, Davoodi, and Lee, background paper.

Summary