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Email: cbehan1@gmu.edu

 


Global Prosperity Initiative RSS

 

While the globe’s most advanced nations develop amazing new technologies, and create ever-increasing amounts of wealth, many continue to languish in poverty. This sad fact raises urgent questions: Why are parts of the world so rich, while others are so poor? What can we do to ensure that everyone, everywhere, has the freedom to prosper? Why have our best attempts to help poor nations failed?

These are the questions of the Mercatus Center Global Prosperity Initiative. Setting aside simple formulas for international development, our scholars seek to address these questions from our unique "institutional choice" perspective, synthesizing the thought of Nobel Laureate economists Friedrich Hayek, James Buchanan, Ronald Coase, Douglass North, and Vernon Smith. The Global Prosperity Initiative seeks to understand the basic cultural, political, economic, and legal institutions that must be in place to enable people to engage in cooperation for mutual advantage, and to help others apply this understanding to policy.

For more information, contact Dan Rothschild at drothsch@gmu.edu.


Global Prosperity Initiative Projects

Crisis and Response in the Wake of Hurricane Katrina

The Mercatus Center at George Mason University in Arlington, Virginia is conducting a five-year project following the rebuilding of the Gulf Coast in the wake of the terrible destruction wrought by Hurricane Katrina. We are focusing our efforts in Orleans and St. Bernard Parishes, Louisiana and Harrison and Hancock Counties, Mississippi to examine how different social, legal, political, and economic institutions engender different types of response and how they may have affected different communities during and after the hurricane. Click here to learn more...

Enterprise Africa!

While most regions of the world witness increased standards of living, better health care, and greater economic opportunity, Africans continue to face famine, wide-spread disease, high levels of political corruption, and war. Consequently, Africa has grown poorer with each passing decade since gaining its independence. Recognizing the challenge and opportunity that Africa presents, the Mercatus Center team will focus its research efforts on enterprise-based solutions to poverty to be found in Africa--solutions that can serve as a lesson for the rest of the world about what is possible when human creativity is unleashed. Click here to learn more...

Field Research

Each year, the Mercatus Center's Global Prosperity Initiative sends scholars and graduate students to the field to roll up their sleeves and take a first hand look at underdevelopment. Searching for common sense solutions from the point of view of the entrepreneur, the Mercatus Center Scholars use innovative data collection techniques with an eye toward US policy.

Recent Publications:
Publication IconBook Review of Dead Aid: Why Aid Is Not Working and How There Is a Better Way for Africa
November 16, 2009
Journal Articles
Johan van der Walt

Dambisa Moyo’s new book, Dead Aid: Why Aid Is Not Working and How There Is a Better Way for Africa, has received a great deal of attention in the last few months. Moyo’s book is a must-read for any person interested in the question of why some countries are rich while others remain stagnant or poor.


Political Economy of Crisis JPEGThe Political Economy of Crisis Opportunism pdf
November 11, 2009
Mercatus Policy Series
Robert Higgs

Under modern ideological conditions, a national emergency produces a virtual free-for-all of policies, programs, and plans that expand the government’s power. This expansion leaves the public with altered political and ideological sensibilities. Efforts to rein in the government’s crisis-driven overreaching must concentrate, first, on affecting the public’s thinking about how the government ought to act during an emergency and, second, on changing the machinery of government so that ill-considered or poorly justified measures cannot be adopted so easily.


Land Tenure Security ImageLand Tenure Security and Agricultural Productivity pdf
September 9, 2009
Mercatus On Policy
Daniel Sacks, Karol Boudreaux

Achieving land tenure reform is by no means an easy or quick process. However, the benefits over the long term can lead to substantial gains for smallholder farmers’ competitiveness.


Publication IconTwo-Tiered Entrepreneurship and Economic Development
September 1, 2009
Journal Articles
Peter Boettke, Peter Leeson

This paper argues that there are two tiers of entrepreneurship important for economic development. One is concerned with investments in productive technologies that improve productivity and better service consumer needs. The other is concerned with the creation of protective technologies that secure citizens’ private property rights vis-à-vis one another.


Markets and Civil Society Cover JPGAn Entrepreneurial Theory of Social and Cultural Change
August 17, 2009
Books
Christopher Coyne, Peter Boettke
This chapter contends that the entrepreneur is the agent of social and cultural change. The authors consider the entrepreneur in three settings: market, non-market and political. Their purpose is to understand how entrepreneurs create anew or shift existing focal points and how they make these changes salient.

Halting Hunger CoverHalting Hunger: Long-term Solutions to Systemic Problems in African Agriculture pdf
July 24, 2009
Mercatus Policy Series
Daniel Sacks

Government intervention and interference in agricultural markets prevents the growth of commercial agricultural sectors and decreases the ability of African farmers to improve their standards of living through agriculture.  To combat hunger and to encourage economic development, African governments need to embark on reforms that allow farmers to use agriculture to improve their lives.


Publication IconPrivate Solutions to Public Disasters: Self-Reliance and Social Resilience pdf
July 20, 2009
Working Papers
Daniel J. Smith, Peter Boettke

Despite having their plans frustrated through the regulations and uncertainty created by government action, humankind has still demonstrated a remarkable resilience following a natural or manmade disaster.  We argue that this is due to the civilizing and coordinating roles played by civil society.  For-profit companies, charities and churches play a vital role in the recovery process.  These organizations have proven to be the first, and most well equipped responders to disasters, jump starting the recovery process.


Kazakhstan MPS JPGKazakhstan: Economic Transformation and Autocratic Power pdf
July 15, 2009
Mercatus Policy Series
Botagoz Kozbagarova, Jürgen Wandel

Kazakhstan is a major success story in Central Asia, having experienced double-digit growth rates between 2000 and 2007. The country has made significant market-oriented reforms and large amounts of foreign investment. However, following the maxim adopted by many successful countries in Southeast Asia, “First the economy and then politics,” political reform in Kazakhstan has lagged. Much of Kazakhstan’s future success will depend upon whether it implements liberal or illiberal economic policies going forward.  If the political decision makers in Kazakhstan recognize entrepreneurship as the market’s driving force and focus on the institutional prerequisites to growth, Kazakhstan could unleash great economic potential.


Publication IconAnarchy and Development: An Application of the Theory of Second Best
July 15, 2009
Journal Articles
Claudia Williamson, Peter Leeson

Could anarchy be a constrained optimum for weak and failing states? Although a limited government that protects citizens’ property rights and provides public goods may be the first-best governance arrangement for economic development, among the poorest nations such “ideal political governance” is not an option. LDCs face a more sobering choice: “predatory political governance” or no government at all. Under these conditions, anarchy is the second best option.


Publication IconThe Democratic Domino Theory
July 15, 2009
Journal Articles
Peter Leeson
According to the democratic domino theory, increases or decreases in democracy in one country spread and “infect” neighboring countries, increasing or decreasing their democracy in turn. Using spatial econometrics and panel data that covers over 130 countries between 1850 and 2000, this paper empirically investigates the democratic domino theory. 
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Recent Events:

Constituting Development JPGConstituting Development in Somaliland
Mercatus Event
October 7, 200912:30 PM
The Social Change Project at the Mercatus Center presented a lecture by Sujai Shivakumar, Senior Program Officer at the National Academies. Dr. Shivakumar discussed the importance of crafting institutions for economic development and shared his experiences from advising the Somaliland government and civil society on developing a constitution. The presentation drew on Dr. Shivakumar's research at the Workshop in Political Theory and Policy Analysis at Indiana University as well as fieldwork in fostering a constitutional framework in Somaliland.

Event IconPeace Through Commerce
Mercatus Lecture Series
March 4, 200912:30 PM
The Social Change Project at the Mercatus Center at George Mason University presents a lecture by Timothy Fort, Lindner-Gambal Professor of Business Ethics and Executive Director of the Institute for Corporate Responsibility at the George Washington University. Professor Fort will discuss "Peace Through Commerce," a research program that investigates the contribution that commerce, trade, and economic development make toward building sustainable peace.

Event IconFreedom in the 50 States: An Index of Personal and Economic Freedom Release Event
Mercatus Event
February 26, 200910:00 AM AM

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