The Significance of Persistence in Predicting Economic Outcomes

Melissa Dell’s research on the significance of persistence in predicting economic outcomes looked at Vietnam pre-colonization (by France) and after the Vietnam war. Histories of a strong state and centralized government ended up being a good predictor of success.

Another example was South Korea, despite the disastrous effects of the Korean war, the persistence of institutions and people that could centralize important functions helped lead to what we see today–the 1950s were more of an aberration caused by external factors (Cold War).

See also:

  • Melissa Dell

    Economist and professor at Harvard, winner of the John Bates Clark Medal. Has researched and written about the significance of persistence in predicting economic outcomes and the interaction of government and economic development.

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