Formal institutions, human development and entrepreneurship: a comparative study between highly developed countries and member countries of the pacific alliance
In this paper a comparison is made between highly developed countries (Australia, United Kingdom, Canada, United States, Sweden, and Finland) and the four member countries of the Pacific Alliance (Colombia, Mexico, Peru and Chile), trying to find possible relationships between formal institutions, r...
- Autores:
-
Leon Quillas, Cesar Ignacio
Rueda Rodriguez, Hector Fernando
Gonzalez Campo, Carlos Hernan
- Tipo de recurso:
- Fecha de publicación:
- 2020
- Institución:
- Universidad EAFIT
- Repositorio:
- Repositorio EAFIT
- Idioma:
- spa
- OAI Identifier:
- oai:repository.eafit.edu.co:10784/17637
- Acceso en línea:
- http://hdl.handle.net/10784/17637
- Palabra clave:
- Institutions
Human development
Economic freedom
Entrepreneurship
Formal institutions
Instituciones formales
Desarrollo humano
Libertad económica
Emprendimiento
- Rights
- License
- Acceso abierto
| Summary: | In this paper a comparison is made between highly developed countries (Australia, United Kingdom, Canada, United States, Sweden, and Finland) and the four member countries of the Pacific Alliance (Colombia, Mexico, Peru and Chile), trying to find possible relationships between formal institutions, rate of entrepreneurship and human development. It is a descriptive-correlational scope study which uses information derived from the World Bank’s Governance Indicators (2018), the Heritage Foundation’s Index of Economic Freedom (2018), the Global Entrepreneurship Index (2018), and the United Nations Development Program’s Human Development Index (2018).It is concluded that there is a positive relationship between the quality of formal institutions and the level of human development in the countries that were compared. |
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