Institutions and Economic Development (Paperback)

Language: English

Published by Springer Verlag, Singapore, Singapore, 2023

9819908434 / 9789819908431

Series: Book 6 of 14 - Classroom Companion: Economics

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Paperback. This book is a survey of the field of development studies from a political economy perspective. It first reviews the academic literature on development and highlights the fundamental importance of institutions and social values, over and above other alternative theories, as determinants in long-run development. In this context, the book draws from the works of Nobel Laureates Douglass North, F.A. Hayek and Elinor Ostrom, and argues that the ingredients of property rights, the rule of law, and market freedoms are essential in generating socio-economic progress. Successful reforms however are not simply a function of constructing formal institutions, but must cohere with the social values, norms, and cultural commitments of local communities. It is in this spirit that the book theorises on the oft-neglected role that political entrepreneurs play in driving endogenous institutional change. Specifically, this book integrates the theoretical discussion on market-driven development with a range of case studies from around the world, featuring the bottom-up efforts of local change agents to pursue institutional reforms and changes in social opinion. Specifically, this book integrates the theoretical discussion on market-driven development with a range of case studies from around the world, featuring the bottom-up efforts of local change agents to pursue institutional reforms and changes in social opinion. Shipping may be from multiple locations in the US or from the UK, depending on stock availability.

Seller Inventory # 9789819908431

Title
Institutions and Economic Development (Paperback)
Author
Bryan Cheang
Publisher
Springer Verlag, Singapore, Singapore
Publication year
2023
Condition
new
Binding
Paperback
Language
English
ISBN 10
9819908434
ISBN 13
9789819908431
Edition
1st Edition
Series
Book 6 of 14: Classroom Companion: Economics

Grand Eagle Retail

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