Institutions and Development (Advances in New Institutional Analysis series) - Hardcover

Shirley, Mary M.

9781845429683: Institutions and Development (Advances in New Institutional Analysis series)

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ISBN 10: 1845429680 ISBN 13: 9781845429683

Publisher: Edward Elgar Publishing Ltd, 2008

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A landmark contribution to our understanding of economic development.

This significant book argues that fundamental changes in deeply rooted institutions do not happen because of outsiders' money, advice, pressures, or even physical force; which explains why foreign aid has not, and can not, improve institutions. The impetus for changing institutions must come from within a society, and the author shows how groups of local scholars contribute to institutional change and development when the political opportunity presents itself.

Both economic research and the history of foreign aid suggest that the largest barriers to development arise from a society's institutions - its norms and rules. The author draws on 35 years experience to explain how institutions drive economic development. She goes beyond the abstractions usually used to define institutions, providing numerous examples to illustrate the complex, interlocking, and persistent nature of real world rules and norms. This significant book argues that fundamental changes in deeply rooted institutions do not happen because of outsiders' money, advice, pressures, or even physical force; which explains why foreign aid has not, and can not, improve institutions. The impetus for changing institutions must come from within a society, and the author shows how groups of local scholars contribute to institutional change and development when the political opportunity presents itself.

Providing an overview of how market supporting institutions evolved in Europe and why these institutions are weak or absent in most countries of the world, this book will be of interest to a wide audience of aid and development policymakers, academics, and students of economics, political science, management, and law.

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About the Author

Mary M. Shirley, President, The Ronald Coase Institute, US

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Publisher: Edward Elgar Publishing Ltd
Publication date: 2008
Language: English
ISBN 10: 1845429680
ISBN 13: 9781845429683
Binding: Hardcover
Number of pages: 240

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Institutions and Development

Mary M. Shirley

Published by Edward Elgar Publishing Ltd, 2008

ISBN 10: 1845429680 ISBN 13: 9781845429683

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Hardback. Condition: New. A landmark contribution to our understanding of economic development. This significant book argues that fundamental changes in deeply rooted institutions do not happen because of outsiders' money, advice, pressures, or even physical force; which explains why foreign aid has not, and can not, improve institutions. The impetus for changing institutions must come from within a society, and the author shows how groups of local scholars contribute to institutional change and development when the political opportunity presents itself. Both economic research and the history of foreign aid suggest that the largest barriers to development arise from a society's institutions - its norms and rules. The author draws on 35 years experience to explain how institutions drive economic development. She goes beyond the abstractions usually used to define institutions, providing numerous examples to illustrate the complex, interlocking, and persistent nature of real world rules and norms. This significant book argues that fundamental changes in deeply rooted institutions do not happen because of outsiders' money, advice, pressures, or even physical force; which explains why foreign aid has not, and can not, improve institutions. The impetus for changing institutions must come from within a society, and the author shows how groups of local scholars contribute to institutional change and development when the political opportunity presents itself. Providing an overview of how market supporting institutions evolved in Europe and why these institutions are weak or absent in most countries of the world, this book will be of interest to a wide audience of aid and development policymakers, academics, and students of economics, political science, management, and law. Seller Inventory # 0072875

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Institutions and Development (Advances in New Institutional Analysis series)

Shirley, Mary M.

Published by Edward Elgar Publishing (edition y First edition), 2008

ISBN 10: 1845429680 ISBN 13: 9781845429683

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Seller: BooksRun, Philadelphia, PA, U.S.A.

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Hardcover. Condition: Very Good. y First edition. With dust jacket. It's a well-cared-for item that has seen limited use. The item may show minor signs of wear. All the text is legible, with all pages included. It may have slight markings and/or highlighting. Seller Inventory # 1845429680-8-1-29

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