Social Institutions And Economic Performance

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Institutions and Economic Performance

Elhanan Helpman
Institutions and Economic Performance Book PDF

Author : Elhanan Helpman
Publisher : Harvard University Press
Page : 672 pages
File Size : 52,9 Mb
Release : 2009-07-01
Category : Business & Economics
ISBN : 0674038576

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Institutions and Economic Performance by Elhanan Helpman Pdf

Institutions and Economic Performance explores the question of why income per capita varies so greatly across countries. Even taking into account disparities in resources, including physical and human capital, large economic discrepancies remain across countries. Why are some societies but not others able to encourage investments in places, people, and productivity? The answer, the book argues, lies to a large extent in institutional differences across societies. Such institutions are wide-ranging and include formal constitutional arrangements, the role of economic and political elites, informal institutions that promote investment and knowledge transfer, and others. Two core themes run through the contributors’ essays. First, what constraints do institutions place on the power of the executive to prevent it from extorting the investments and effort of other people and institutions? Second, when are productive institutions self-enforcing? Institutions and Economic Performance is unique in its melding of economics, political science, history, and sociology to address its central question.

Social Institutions and Economic Performance

Wolfgang Streeck
Social Institutions and Economic Performance Book PDF

Author : Wolfgang Streeck
Publisher : Sage Publications (CA)
Page : 282 pages
File Size : 46,7 Mb
Release : 1992
Category : Business & Economics
ISBN : UOM:39015029171173

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Social Institutions and Economic Performance by Wolfgang Streeck Pdf

Proceeding from the insight that markets and rational economic action perform best if embedded in culturally and politically generated opportunities and constraints, Streeck offers a rationale for positive political intervention in post-socialist capitalist market economies.

Institutions, Institutional Change and Economic Performance

Douglass C. North
Institutions Institutional Change and Economic Performance Book PDF

Author : Douglass C. North
Publisher : Cambridge University Press
Page : 164 pages
File Size : 51,8 Mb
Release : 1990-10-26
Category : Political Science
ISBN : 0521397340

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Institutions, Institutional Change and Economic Performance by Douglass C. North Pdf

An analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies is developed in this analysis of economic structures.

Social Institutions and Economic Development

Valpy FitzGerald
Social Institutions and Economic Development Book PDF

Author : Valpy FitzGerald
Publisher : Springer Science & Business Media
Page : 198 pages
File Size : 51,7 Mb
Release : 2007-05-08
Category : Business & Economics
ISBN : 9780306481598

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Social Institutions and Economic Development by Valpy FitzGerald Pdf

Jan Pronk The role of institutions in economic development has been debated at length. It is a major chapter in the history of economic thought. It was also a key - sue in comparisons of the effectiveness of Eastern and Western economic systems. Understanding the variety of social and cultural institutions has - ways been crucial in analysing development processes in Africa, Asia, the Middle East and Latin America. Less attention has been given to institutions in studies of the economic performance of Western countries. This may be because economic policies in the West were mostly oriented to the short and medium terms rather than to the long-term perspective. In the short run ins- tutions are given, in the long run they lend themselves for change. From the outset, economic institutions (e.g. markets, enterprises) and their underlying values (e.g. efficiency, economicfreedom) received much - tention. Similar attention was given to political institutions (the state, government, the law) and values (democracy, accountability, human rights). Thought also turned to social institutions (entrepreneurship, the middle class, the family household, land-tenure systems) and social values (tradition, gender and age relations, justice). Studies soon followed of cultural insti- tions (religion, ethnicity) and values (material consumerism or the bond between man and nature). Without the insight gained by studying insti- tions, economics would have become a dull discipline.

Institutions, Institutional Change and Economic Performance

Douglass C. North
Institutions Institutional Change and Economic Performance Book PDF

Author : Douglass C. North
Publisher : Cambridge University Press
Page : 231 pages
File Size : 41,9 Mb
Release : 1990-10-26
Category : Political Science
ISBN : 9781139642965

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Institutions, Institutional Change and Economic Performance by Douglass C. North Pdf

Continuing his groundbreaking analysis of economic structures, Douglass North develops an analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies, both at a given time and over time. Institutions exist, he argues, due to the uncertainties involved in human interaction; they are the constraints devised to structure that interaction. Yet, institutions vary widely in their consequences for economic performance; some economies develop institutions that produce growth and development, while others develop institutions that produce stagnation. North first explores the nature of institutions and explains the role of transaction and production costs in their development. The second part of the book deals with institutional change. Institutions create the incentive structure in an economy, and organisations will be created to take advantage of the opportunities provided within a given institutional framework. North argues that the kinds of skills and knowledge fostered by the structure of an economy will shape the direction of change and gradually alter the institutional framework. He then explains how institutional development may lead to a path-dependent pattern of development. In the final part of the book, North explains the implications of this analysis for economic theory and economic history. He indicates how institutional analysis must be incorporated into neo-classical theory and explores the potential for the construction of a dynamic theory of long-term economic change. Douglass C. North is Director of the Center of Political Economy and Professor of Economics and History at Washington University in St. Louis. He is a past president of the Economic History Association and Western Economics Association and a Fellow, American Academy of Arts and Sciences. He has written over sixty articles for a variety of journals and is the author of The Rise of the Western World: A New Economic History (CUP, 1973, with R.P. Thomas) and Structure and Change in Economic History (Norton, 1981). Professor North is included in Great Economists Since Keynes edited by M. Blaug (CUP, 1988 paperback ed.)

Institutions and Economic Performance

Kevin E. Davis
Institutions and Economic Performance Book PDF

Author : Kevin E. Davis
Publisher : Edward Elgar Publishing
Page : 688 pages
File Size : 53,6 Mb
Release : 2010
Category : Economic development
ISBN : STANFORD:36105215370888

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Institutions and Economic Performance by Kevin E. Davis Pdf

A collection of previously published articles.

Institutions and Economic Performance

Elhanan Helpman
Institutions and Economic Performance Book PDF

Author : Elhanan Helpman
Publisher : Harvard University Press
Page : 624 pages
File Size : 54,8 Mb
Release : 2008-11-01
Category : Business & Economics
ISBN : 9780674038578

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Institutions and Economic Performance by Elhanan Helpman Pdf

Institutions and Economic Performance explores the question of why income per capita varies so greatly across countries. Even taking into account disparities in resources, including physical and human capital, large economic discrepancies remain across countries. Why are some societies but not others able to encourage investments in places, people, and productivity? The answer, the book argues, lies to a large extent in institutional differences across societies. Such institutions are wide-ranging and include formal constitutional arrangements, the role of economic and political elites, informal institutions that promote investment and knowledge transfer, and others. Two core themes run through the contributors’ essays. First, what constraints do institutions place on the power of the executive to prevent it from extorting the investments and effort of other people and institutions? Second, when are productive institutions self-enforcing? Institutions and Economic Performance is unique in its melding of economics, political science, history, and sociology to address its central question.

Social Institutions and Economic Development

Kurt Martin,Edmund Valpy Knox Fitzgerald
Social Institutions and Economic Development Book PDF

Author : Kurt Martin,Edmund Valpy Knox Fitzgerald
Publisher : Springer Science & Business Media
Page : 213 pages
File Size : 52,9 Mb
Release : 2002-09-30
Category : Business & Economics
ISBN : 9781402008948

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Social Institutions and Economic Development by Kurt Martin,Edmund Valpy Knox Fitzgerald Pdf

This book celebrates the modern relevance of one of the founding fathers of development economics - Kurt Martin. His thought - drawn from the central conflict of the twentieth century between collective action and individual enterprise - has influenced a generation of scholars at one of Europe's foremost development studies faculties, the Institute of Social Studies (ISS) in The Hague. In this tribute to Kurt Martin, leading world thinkers, including Richard Nelson, Josi Antonio Ocampo, Frances Stewart, and Ben Ndulu, discuss the role of social institutions in economic development. They are complemented by leading ISS faculty, all contributing to the debate that will define the policy research agenda well into the next decade. This is an essential text for economic scholars, postgraduate students, and development practitioners alike.

Institutions, Social Norms and Economic Development

Jean-Philippe Platteau
Institutions Social Norms and Economic Development Book PDF

Author : Jean-Philippe Platteau
Publisher : Routledge
Page : 409 pages
File Size : 45,7 Mb
Release : 2015-12-08
Category : Business & Economics
ISBN : 9781136600456

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Institutions, Social Norms and Economic Development by Jean-Philippe Platteau Pdf

In order for economic specialization to develop, it is important that well-defined property rights are established and that suspicion and fear of fraud do not pervade transactions. Such conditions cannot be created ex abrubto, but must somehow evolve. What needs to develop is not only suitable practices and rules themselves, but also the public agencies and moral environment without which generalized trust is difficult to establish. The cultural endowment of societies as they have developed over their particular histories is bound to play a major role in this regard, and the matter of cultual endowment is one of the central themes of this book. On the other hand, division of labour does not only require well-enforced property rights and trust in economic dealings. It is also critically conditioned by the thickness of economic space, itself dependent on population density. This provides the second major theme of the volume: market development, including the development of private property rights is not possible, or will remain very incomplete, if populations are thinly spread over large areas of land. The book makes special reference to sub-Saharan Africa.

The Handbook of Economic Development and Institutions

Jean-Marie Baland,François Bourguignon,Jean-Philippe Platteau,Thierry Verdier
The Handbook of Economic Development and Institutions Book PDF

Author : Jean-Marie Baland,François Bourguignon,Jean-Philippe Platteau,Thierry Verdier
Publisher : Princeton University Press
Page : 786 pages
File Size : 55,5 Mb
Release : 2020-01-21
Category : Business & Economics
ISBN : 9780691192017

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The Handbook of Economic Development and Institutions by Jean-Marie Baland,François Bourguignon,Jean-Philippe Platteau,Thierry Verdier Pdf

The definitive reference on the most current economics of development and institutions The essential role that institutions play in understanding economic development has long been recognized across the social sciences, including in economics. Academic and policy interest in this subject has never been higher. The Handbook of Economic Development and Institutions is the first to bring together in one single volume the most cutting-edge work in this area by the best-known international economists. The volume’s editors, themselves leading scholars in the discipline, provide a comprehensive introduction, and the stellar contributors offer up-to-date analysis into institutional change and its interactions with the dynamics of economic development. This book focuses on three critical issues: the definitions of institutions in order to argue for a causal link to development, the complex interplay between formal and informal institutions, and the evolution and coevolution of institutions and their interactions with the political economy of development. Topics examined include the relationship between institutions and growth, educational systems, the role of the media, and the intersection between traditional systems of patronage and political institutions. Each chapter—covering the frontier research in its area and pointing to new areas of research—is the product of extensive workshopping on the part of the contributors. The definitive reference work on this topic, The Handbook of Economic Development and Institutions will be essential for academics, researchers, and professionals working in the field.

Institutions, Economic Performance and the Visible Hand

Ashok Chakravarti
Institutions Economic Performance and the Visible Hand Book PDF

Author : Ashok Chakravarti
Publisher : Edward Elgar Publishing
Page : 257 pages
File Size : 46,9 Mb
Release : 2012-01-01
Category : Business & Economics
ISBN : 9781781001417

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Institutions, Economic Performance and the Visible Hand by Ashok Chakravarti Pdf

'This book represents an important next step in the new institutional economics. Using this perspective, it undertakes a thorough re-examination of the problems of development.' – Barry R. Weingast, Stanford University, US 'Institutions, Economic Performance and the Visible Hand is a wide ranging, well-written, and provocative contribution to the study of political and economic organization. Ashok Chakravarti advances arguments and interpretations that are both interesting and, often, controversial. Although I find myself "arguing" with many of them, this is one of the many virtues of the book. I recommend the book to others who have an interest in institutional economics – why it is important, where it has been, and where it is going.' – Oliver E. Williamson, Nobel Laureate in Economics, University of California, Berkeley, US 'This is an ambitious and wide-ranging book, which seeks to overthrow the minimalist view of the role of institutions in economic systems contained in the standard economic model, and instead advocates a more active institution-building effort to promote the development of poor countries. This important contribution is to review and consolidate the themes and issues that emerge from a very large literature on the subject of institutions and economic development, and to coherently formulate hypotheses relating institutions to economic performance. This should be useful to a wide range of scholars.' – John Toye, University of Oxford, UK This timely study convincingly argues that it is not resources but the institutions which govern the interaction and decision-making of economic and political agents, that are the key factor in determining the economic performance of nations. The book challenges the conventional wisdom on the determinants of economic performance and provides an alternative vision of the functioning of an economic system. The author provides a structured survey which critically evaluates the theory and evidence of neoclassical approaches to growth and development. He then skillfully integrates insights from the old and new institutional economics into an original and comprehensive vision of the relationship between institutions, growth and economic development. Institutions, Economic Performance and the Visible Hand will be of special interest to academics, financial analysts and commentators, staff of international development agencies and NGOs, researchers and post-graduate students.

Capitalism, Institutions, and Economic Development

Michael G. Heller
Capitalism Institutions and Economic Development Book PDF

Author : Michael G. Heller
Publisher : Routledge
Page : 629 pages
File Size : 51,6 Mb
Release : 2009-09-10
Category : Business & Economics
ISBN : 9781135214982

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Capitalism, Institutions, and Economic Development by Michael G. Heller Pdf

Based on a timely reassessment of the classic arguments of Weber, Schumpeter, Hayek, Popper, and Parsons, this book reconceptualizes actually-existing capitalism. It proposes capitalism as an impersonal procedural solution to the problems of spontaneously coordinating public institutions that enable durable market-based wealth generation and social order. Few countries have achieved this. A novel contribution of the book is that it identifies a practical sequence of economic and institutional shortcuts to real capitalism. The book challenges current orthodoxies about varieties of capitalism and relativist recipes for economic growth, and it criticizes culturalist and incrementalist viewpoints in institutional economics. It calls on the social sciences to help in constructing dynamic and prosperous open societies of the twenty-first century by reclaiming older ideas of ‘social economics’. Better and faster solutions will emphasize crisis-induced change, rational leadership, ideological persuasion, institutional engineering, rules-based market freedom, and the universalistic formal-procedural impersonality of optimal regulatory systems.

Institutions, Institutional Change, and Economic Performance

Douglass Cecil North
Institutions Institutional Change and Economic Performance Book PDF

Author : Douglass Cecil North
Publisher : Unknown
Page : 152 pages
File Size : 44,6 Mb
Release : 1990
Category : Economic development
ISBN : 1316084671

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Institutions, Institutional Change, and Economic Performance by Douglass Cecil North Pdf

"Continuing his groundbreaking analysis of economic structures, Douglass North develops an analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies, both at a given time and over time. Institutions exist, he argues, due to the uncertainties involved in human interaction; they are the constraints devised to structure that interaction. Yet, institutions vary widely in their consequences for economic performance; some economies develop institutions that produce growth and development, while others develop institutions that produce stagnation. North first explores the nature of institutions and explains the role of transaction and production costs in their development. The second part of the book deals with institutional change. Institutions create the incentive structure in an economy, and organisations will be created to take advantage of the opportunities provided within a given institutional framework. North argues that the kinds of skills and knowledge fostered by the structure of an economy will shape the direction of change and gradually alter the institutional framework. He then explains how institutional development may lead to a path-dependent pattern of development. In the final part of the book, North explains the implications of this analysis for economic theory and economic history. He indicates how institutional analysis must be incorporated into neo-classical theory and explores the potential for the construction of a dynamic theory of long-term economic change"--Provided by publisher.

Geography, Institutions and Regional Economic Performance

Riccardo Crescenzi,Marco Percoco
Geography Institutions and Regional Economic Performance Book PDF

Author : Riccardo Crescenzi,Marco Percoco
Publisher : Springer Science & Business Media
Page : 434 pages
File Size : 52,7 Mb
Release : 2012-12-13
Category : Business & Economics
ISBN : 9783642333958

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Geography, Institutions and Regional Economic Performance by Riccardo Crescenzi,Marco Percoco Pdf

The book aims to present “traditional features” of regional science (as geographical concepts and institutions), as well as relatively new topics such as innovation and agglomeration economies. In particular it demonstrates that, contrary to what has been argued by recent economics literature, both geography and institutions (or culture) are relevant for local development. In fact, these phenomena, along with the movement of goods and workers, are among the main reasons for persisting development differentials. These intriguing relationships are at the heart of the analysis presented in this book and form the conceptual basis for a promising institutional approach to economic geography.

Social Innovations, Institutional Change, and Economic Performance

Timo J. Hämäläinen
Social Innovations Institutional Change and Economic Performance Book PDF

Author : Timo J. Hämäläinen
Publisher : Edward Elgar Publishing
Page : 347 pages
File Size : 55,9 Mb
Release : 2007-01-01
Category : Business & Economics
ISBN : 9781847206992

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Social Innovations, Institutional Change, and Economic Performance by Timo J. Hämäläinen Pdf

À much needed examination of a neglected issue - how societies, regions and institutions adjust to our rapidly changing economic world.'. - W. Brian Arthur, Santa Fe Institute, New Mexico. T̀his is a marvellously rich work of synthesis, bringing together a very wide range of theoretical perspectives to make sense of contemporary patterns of economic and social change. Its range of reference is remarkable - and it is further proof that much of the most interesting theoretical and empirical work today is being done on the boundaries of disciplines.'. - Geoff Mulgan, Director, The Young Foundati.