With the aim of providing a comprehensive analysis of institutions, and of the global economy more generally, this volume explores systems of institutions and the effect of?corruption,?developments in behavioural economics,?the impact of immigration,?and?the links between democratic progress and economic growth.Electoral Rules and Constitutional Structures as Constraints on Corruption; J.Kunicova ?and S.Rose-Ackerman State Capture from Yeltsin to Putin; E.Zhuravskaya ?and E.Iakovlev Democracy for Better Governance and Higher Economic Growth in the Middle East and North Africa Region?; M.K.Nabli Distance to the Efficiency Frontier and Foreign Direct Investment Spillovers; K.Sabirianova, J.Svejnar ?and K.Terrell A Portrait of the Chinese Entrepreneur; G.Roland The Brain Drain, Educated Unemployment, Human Capital Formation and Economic Betterment; C.S.Fan ?and O.Stark On an Optimal Selective Migration Policy when Information is Asymmetric and Incentives Count; A.Casarico, O.Stark ?and S.Uebelmesser International Migration, Human Capital Formation and the Setting of Migration Control Policies: Mapping the Gains; A.Casarico, C.Devillanova, O.Stark ?and S.Uebelmesser A Gain with a Drain? Evidence from Rural Mexico on the New Economics of the Brain Drain; S.Boucher, O.Stark ?and J.E.Taylor Redesigning Public Utilities: The Key Role of Micro-Institutions; C.M?nard Does Regulation and Institutional Design Matter for Infrastructure Sector Performance?; L.Andres, J.L.Guasch ?and S.Straub Institutional Design and Energy Reform in the UK; R.GreenLUIS ANDRES World Bank, Washington DC, USASTEVE BOUCHER University of California, Davis, USAALESSANDRA CASARICO Universit? Bocconi, Milan, ItalyCARLO DEVILLANOVA Universit? Bocconi, Milan, ItalyC. SIMON FAN Lingnan University, ChinaJOSE LUIS GUASCH World Bank, Washington DC, USARICHARD GREEN University of Southampton, UKJ?NOS KORNAI Harvard University, USA, Central European University and Collegium, Budapest, HungaryJANA KUNICOV? Califol#,