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Mercer International Inc. Common Stock (NASDAQ:MERC)

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Mercer International Inc. owns and operates a diverse pulp and paper business in the southern German states of Saxony and Thuringia, in the former East Germany. The Company operates it's pulp business primarily through its subsidiaries, Spezialpapierfabrik Blankenstein GmbH and Zellstof-und Papierfabrik Rosenthal GmbH & Co. KG , and conducts its paper business through another subsidiary, Dresden Papier GmbH....

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Daron Acemoglu and James Robinson show that good inclusive institutions contribute to better long-run economic growth.

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