Institutions matter for economic outcomes. They influence the business environment firms operate in, the efficiency of markets that determine the allocation of capital and labor, the quality of public service delivery and the ability of citizens to hold their politicians accountable.

The constraints that bad institutions put on development are most clearly shown in emerging economies. Institutions in these countries differ from those in the developed world, possibly rendering traditional economic insight inapplicable. Therefore, it is important to understand the challenges that arise due to the specific institutions of emerging economies.

This conference will bring together foreign and Swedish scholars to discuss the key challenges of institutions and institutional reform in developing and emerging economies.