Institutions And Institutional Change
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Institutions Institutional Change And Economic Performance
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Author : Douglass C. North
language : en
Publisher: Cambridge University Press
Release Date : 1990-10-26
Institutions Institutional Change And Economic Performance written by Douglass C. North and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990-10-26 with Political Science categories.
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.
Institutions Institutional Change And Economic Performance
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Author : Douglass C. North
language : en
Publisher: Cambridge University Press
Release Date : 1990-10-26
Institutions Institutional Change And Economic Performance written by Douglass C. North and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990-10-26 with Political Science categories.
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 Institutional Change And Economic Performance
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Author : Douglass Cecil North
language : en
Publisher:
Release Date : 1990
Institutions Institutional Change And Economic Performance written by Douglass Cecil North and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Economic development categories.
"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.
Empirical Studies In Institutional Change
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Author : Lee J. Alston
language : en
Publisher: Cambridge University Press
Release Date : 1996-07-28
Empirical Studies In Institutional Change written by Lee J. Alston and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-07-28 with Business & Economics categories.
Empirical Studies in Institutional Change is a collection of nine empirical studies by fourteen scholars. Dealing with issues ranging from the evolution of secure markets in seventeenth-century England to the origins of property rights in airport slots in modern America, the contributors analyse institutions and institutional change in various parts of the world and at various periods of time. The volume is a contribution to the new economics of institutions, which emphasises the role of transaction costs and property rights in shaping incentives and results in the economic arena. To make the papers accessible to a wide audience, including students of economics and other social sciences, the editors have written an introduction to each study and added three theoretical essays to the volume, including Douglass North's Nobel Prize address, which reflect their collective views as to the present status of institutional analysis and where it is headed.
Institutions Institutional Change And Economic Performance In Emerging Markets
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Author : Lakshmi Iyer
language : en
Publisher: World Scientific Publishing Company
Release Date : 2016
Institutions Institutional Change And Economic Performance In Emerging Markets written by Lakshmi Iyer and has been published by World Scientific Publishing Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with Developing countries categories.
Emerging markets play an increasingly important role in the global economy, accounting for 31% of global GDP and more than 50% of global foreign direct investment in 2012. However, doing business in emerging markets remains subject to a high degree of 'policy risk, ' namely the risk that a government will discriminatorily change the laws, regulations, or contracts governing an investment -- or will fail to enforce them -- in a way that reduces an investor's financial returns.Institutions, Institutional Change and Economic Performance in Emerging Markets brings together a series of Harvard Business School case studies on emerging markets. This book is an invaluable resource for researchers in the fields of economics business to understand the role of specific economic and political institutions in shaping the business environment and economic growth in emerging markets. It gives answers to the following questions: When will governments define and enforce property rights? When will the division of policy authority across different government agents (e.g. federal and subnational governments, or politicians and bureaucrats) enable better policy decisions? And what are the consequences of globalization for the economic growth and stability of emerging market countries?
Dynamics Of Institutional Change In Emerging Market Economies
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Author : Nezameddin Faghih
language : en
Publisher: Springer
Release Date : 2022-04-10
Dynamics Of Institutional Change In Emerging Market Economies written by Nezameddin Faghih and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-04-10 with Business & Economics categories.
Economic, social, political, and cultural institutions, and institutional change reflect shared journeys of humanity throughout history. This edited volume explores dynamics, trends, and implications of institutional change in emerging markets, by focusing on theories, concepts, and mechanisms of institutional development. Presenting research by eminent scholars and experts engaged in education and research, they address and discuss the most recent issues in the field, reveals new insights into the dynamics of institutional change for researchers interested in development of new theories and comparative studies, especially in the era of emerging markets. Topics range from dynamics of institutional change and development within the Group of Twenty (G20), and the European Union with an assessment of Brexit impact, to institutional quality measurement, public administration reforms, as well as emergent topics such as the effects of energy and globalization. It provides new international business theories, and sheds light on the way to global peace by producing a better understanding of the dynamics of historical change. The book is intended for a wide range of global audience, and should serve as a useful reference in education and research, offering innovative and productive discussions, as well as satisfy scholarly and intellectual interests, regarding institutional development and a broad spectrum of its interactions with functioning of markets and economies.
Explaining Institutional Change
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Author : James Mahoney
language : en
Publisher: Cambridge University Press
Release Date : 2010
Explaining Institutional Change written by James Mahoney and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business & Economics categories.
The essays in this book contribute to emerging debates in political science and sociology on institutional change, providing a theoretical framework and empirical applications.
Institutional Change And Economic Development
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Author : Ha-Joon Chang
language : en
Publisher: Anthem Press
Release Date : 2007-11-15
Institutional Change And Economic Development written by Ha-Joon Chang and has been published by Anthem Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-11-15 with Business & Economics categories.
‘Institutional Change and Economic Development’ discusses not just theoretical issues but a diverse range of real-life institutions – political, bureaucratic, fiscal, financial, corporate, legal, social and industrial – in the context of dozens of countries across time and space, spanning Britain, Switzerland and the USA in the past to Botswana, Brazil, and China today.
Institutional Change And Globalization
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Author : John L. Campbell
language : en
Publisher: Princeton University Press
Release Date : 2004-08-15
Institutional Change And Globalization written by John L. Campbell and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-08-15 with Business & Economics categories.
This book is about some of the most important problems confronting social scientists who study institutions and institutional change. It is also about globalization, particularly the frequent claim that globalization is transforming national political and economic institutions as never before.
A General Theory Of Institutional Change
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Author : Shiping Tang
language : en
Publisher: Routledge
Release Date : 2010-12-10
A General Theory Of Institutional Change written by Shiping Tang and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-12-10 with Business & Economics categories.
Institutional change is a central driving force behind social changes, and thus a central topic in all major fields of social sciences. Yet, no general theory of institutional change exists. Drawing from a diverse literature, this book develops a general theory of institutional change, based on a social evolutionary synthesis of the conflict approach and the harmony approach. The book argues that because the whole process of institutional change can be understood as a process of selecting a few ideas and turning them into institutions, competition of ideas and struggle for power to make rules are often at the heart of institutional change. The general theory not only integrates more specific theories and insights on institutional change that have been scattered in different fields into a coherent general theory but also provides fundamental new insights and points to new directions for future research. This book makes a fundamental contribution to all major fields of social sciences: sociology (sociological theory), political sciences, institutional economics, and political theory. It should be of general interest to scholars and students in all major fields of social science.