Understanding The Process Of Economic Change
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Understanding The Process Of Economic Change
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Author : Douglass C. North
language : en
Publisher: Princeton University Press
Release Date : 2010-04-19
Understanding The Process Of Economic Change written by Douglass C. North 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 2010-04-19 with Business & Economics categories.
In this landmark work, a Nobel Prize-winning economist develops a new way of understanding the process by which economies change. Douglass North inspired a revolution in economic history a generation ago by demonstrating that economic performance is determined largely by the kind and quality of institutions that support markets. As he showed in two now classic books that inspired the New Institutional Economics (today a subfield of economics), property rights and transaction costs are fundamental determinants. Here, North explains how different societies arrive at the institutional infrastructure that greatly determines their economic trajectories. North argues that economic change depends largely on "adaptive efficiency," a society's effectiveness in creating institutions that are productive, stable, fair, and broadly accepted--and, importantly, flexible enough to be changed or replaced in response to political and economic feedback. While adhering to his earlier definition of institutions as the formal and informal rules that constrain human economic behavior, he extends his analysis to explore the deeper determinants of how these rules evolve and how economies change. Drawing on recent work by psychologists, he identifies intentionality as the crucial variable and proceeds to demonstrate how intentionality emerges as the product of social learning and how it then shapes the economy's institutional foundations and thus its capacity to adapt to changing circumstances. Understanding the Process of Economic Change accounts not only for past institutional change but also for the diverse performance of present-day economies. This major work is therefore also an essential guide to improving the performance of developing countries.
The Process Of Economic Development
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Author : James M. Cypher
language : en
Publisher: Psychology Press
Release Date : 2004
The Process Of Economic Development written by James M. Cypher and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Business & Economics categories.
This textbook includes discussions of such topics as the environment, the debt case, export-led industrialization, import substitution industrialization, growth theory and technological capability.
Understanding The Process Of Economic Change In Turkey
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Author : Tamer Çetin
language : en
Publisher: Nova Science Publishers
Release Date : 2010
Understanding The Process Of Economic Change In Turkey written by Tamer Çetin and has been published by Nova Science Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Economics categories.
The institutional endowment of a country determines government's regulatory choices, the public policies, incentives, and the direction of economic activities in the country and the level of the economic efficiency. The authors use this conceptual framework introduced by Levy and Spiller (1996) to examine how institutional endowment in Turkey influence economic and political structure. In this context, most elements of institutional endowments in Turkey are common to all sectors and reforms, (namely, legislative and executive institutions, nature of the judicial system, bureaucratic structure). They also observe the political economy of the change in Turkey. For that reason, they observe similarities and differences in the contests among groups with divergent interests for the different policy changes and reforms processes. Thus, they introduce a crucial guide for scholars, researchers, and investors around the world about the political and economic structure in Turkey
Understanding Local Economic Development
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Author : Emil Malizia
language : en
Publisher: Routledge
Release Date : 2020-10-05
Understanding Local Economic Development written by Emil Malizia and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-10-05 with Science categories.
This book offers insights into the process and the practice of local economic development. Bridging the gap between theory and practice it demonstrates the relevance of theory to inform local strategic planning in the context of widespread disparities in regional economic performance. The book summarizes the core theories of economic development, applies each of these to professional practice, and provides detailed commentary on them. This updated second edition includes more recent contributions - regional innovation, agglomeration and dynamic theories – and presents the major ideas that inform economic development strategic planning, particularly in the United States and Canada. The text offers theoretical insights that help explain why some regions thrive while others languish and why metropolitan economies often rise and fall over time. Without theory, economic developers can only do what is politically feasible. This text, however, provides them with a logical tool for thinking about development and establishing an independent basis from which to build the local consensus needed for evidence-based action undertaken in the public interest. Offering valuable perspectives on both the process and the practice of local and regional economic development, this book will be useful for both current and future economic developers to think more profoundly and confidently about their local economy.
Toward A Better Future
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Author : Fredriksen Birger
language : en
Publisher: World Bank Publications
Release Date : 2008-04-18
Toward A Better Future written by Fredriksen Birger and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-04-18 with Business & Economics categories.
'Toward a Better Future' provides a comprehensive analysis of education development in Singapore since 1965, giving particular attention to the strategic management that has enabled Singapore to transform its education and training system from one similar to that of many Sub-Saharan African countries four decades ago into one of the world's best-performing systems. It is one of a pair of concurrently-published books presenting materials originally developed for a 2006 study tour to Singapore and Vietnam for senior education officials from Cameroon, Ethiopia, Ghana, Lesotho, Madagascar, and Mozambique. The second book, 'An African Exploration of the East Asian Education Experience', presents five country studies, as well as regional, comparative analyses highlighting insights gained during the study tour and putting them in the context of Sub-Saharan Africa. Together, the two books aim to foster knowledge exchange between Sub-Saharan African and East Asian countries on good practices in the design and implementation of education policies and programs. By facilitating the cross-country fertilization of ideas between two regions with relatively limited contact in the past, these books fi ll a clear gap in the current literature on development practice in education.
Racing To Justice
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Author : john a. powell
language : en
Publisher: Indiana University Press
Release Date : 2012-09-06
Racing To Justice written by john a. powell and has been published by Indiana University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-09-06 with Law categories.
Renowned social justice advocate john a. powell persuasively argues that we have not achieved a post-racial society and that there is much work to do to redeem the American promise of inclusive democracy. Culled from a decade of writing about social justice and spirituality, these meditations on race, identity, and social policy provide an outline for laying claim to our shared humanity and a way toward healing ourselves and securing our future. Racing to Justice challenges us to replace attitudes and institutions that promote and perpetuate social suffering with those that foster relationships and a way of being that transcends disconnection and separation.
An Evolutionary Theory Of Economic Change
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Author : Richard R. Nelson
language : en
Publisher: Harvard University Press
Release Date : 1985-10-15
An Evolutionary Theory Of Economic Change written by Richard R. Nelson and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985-10-15 with Business & Economics categories.
This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.
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 Business & Economics 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.
The Causes Of Economic Growth
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Author : Rick Szostak
language : en
Publisher: Springer Science & Business Media
Release Date : 2009-03-02
The Causes Of Economic Growth written by Rick Szostak and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-03-02 with Business & Economics categories.
What are the causes of economic growth? As billions of people still live in poverty, this is perhaps the most important question in human science. It is also a very complex one, as rates of economic growth are influenced by a multitude of economic as well as political, geographical and sociological factors. This books attempts to advance a nuanced understanding of the process of economic growth by synthesizing the insights of several social science disciplines. Different theories and methods employed by economists and other social scientists to study the causes of economic growth are analyzed and it is shown how and why those insights should be integrated by applying best-practice techniques of interdisciplinary analysis. Scholars and practitioners are thus provided with a wide array of potential strategies for encouraging growth as well as guidance on how these strategies may interact.
Socio Economic Change And The Broad Basing Process In India
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Author : M. V. Nadkarni
language : en
Publisher: Taylor & Francis
Release Date : 2019-06-18
Socio Economic Change And The Broad Basing Process In India written by M. V. Nadkarni and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-06-18 with Political Science categories.
This book offers a new concept of inclusion of the marginalised in India — the Broad-basing Process. The author examines how through this process increasing numbers of marginalised social groups can enter into the social, political and economic mainstream and progressively derive the same advantages from society as the groups already part of it. The book critically reviews how the broad-basing process has worked in the past in India both before and after its independence. It examines how social groups like Dalits, OBCs, Muslims, women and the labour class have fared, and how far economic development, urbanisation, infrastructure development and the digital revolution have helped the marginalised and promoted broad-basing. It also offers mechanisms to speed up broad-basing in poorer economies. A first of its kind, this volume will be useful for scholars and researchers of political studies, sociology, exclusion studies, political economy and also for general readers.