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Recent decades have seen almost unprecedented economic growth in income per capita around the world. Yet this extraordinary overall performance masks a wide variation in growth rates across different countries, with persistent underdevelopment in some parts of the world. This disparity constitutes "the development puzzle," and it is exemplified by growth spurts in China and India that contrast markedly with disturbingly low growth rates in sub-Saharan Africa. In this volume, economists address issues of inequality and growth, going beyond narrowly defined "economic" factors to consider the effect on growth of the structure of governance, the quality of a country's governing bodies, and the social norms that govern collective decision-making. The contributors use both formal modeling and empirical analyses to examine how the "soft factors" of institutions and norms interact with growth performance, natural resource endowments, and economic performance. They consider such topics as the effects of decentralization in Africa, fiscal discipline in Indian states, natural resource wealth as a cause of corruption, social violence during the Indonesian financial crisis of 1997 and 1998, and the effect of strong national identity on redistributive politics. Some of their findings suggest that not only do institutions and norms affect economic performance, economic performance itself is a key factor in explaining such governance failures as corruption and the frequency and intensity of economic conflict. Mark Gradstein is Professor and Chair of the Department of Economics at Ben Gurion University in Israel. Kai A. Konrad is Professor of Economics at Free University of Berlin and Director at the Social Science Research Center Berlin (WZB).
About the Authors:
Mark Gradstein is Professor and Chair of the Department of Economics at Ben Gurion University in Israel.
Kai A. Konrad is Professor of Economics at Free University of Berlin and Director at the Social Science Research Center Berlin (WZB).
Title: Institutions and Norms in Economic ...
Publisher: The MIT Press
Publication Date: 2007
Binding: Hardcover
Condition: Good
Seller: Better World Books Ltd, Dunfermline, United Kingdom
Condition: Very Good. 1st Edition. Pages intact with possible writing/highlighting. Binding strong with minor wear. Dust jackets/supplements may not be included. Stock photo provided. Product includes identifying sticker. Better World Books: Buy Books. Do Good. Seller Inventory # 55150309-20
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Seller: ThriftBooks-Atlanta, AUSTELL, GA, U.S.A.
Hardcover. Condition: Very Good. No Jacket. May have limited writing in cover pages. Pages are unmarked. ~ ThriftBooks: Read More, Spend Less. Seller Inventory # G026207284XI4N00
Seller: Better World Books, Mishawaka, IN, U.S.A.
Condition: Good. 1st Edition. Former library copy. Pages intact with minimal writing/highlighting. The binding may be loose and creased. Dust jackets/supplements are not included. Includes library markings. Stock photo provided. Product includes identifying sticker. Better World Books: Buy Books. Do Good. Seller Inventory # 55153113-6
Seller: JuddSt.Pancras, London, United Kingdom
Hardcover. Condition: As New. Dust Jacket Condition: As New. Dustwrapper damaged at back where price sticker has been removed - otherwise as new. Seller Inventory # c05298
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Seller: Book Broker, Berlin, Germany
Condition: Gut. Illustrated. 234 S. Alle Bücher & Medienartikel von Book Broker sind stets in gutem & sehr gutem gebrauchsfähigen Zustand. Unser Produktfoto entspricht dem hier angebotenen Artikel, dieser weist folgende Merkmale auf: Helle/saubere Seiten in fester Bindung. Mit Schutzumschlag in gutem Zustand. Mit Namenseintrag. Ausgabejahr: 2006. Sprache: Englisch Gewicht in Gramm: 499 Gebundene Ausgabe, Maße: 15.24 cm x 1.27 cm x 22.86 cm. Seller Inventory # 661052295