Published December 2007
by United Nations University Press .
Written in English
|The Physical Object|
|Number of Pages||330|
Institutional Change and Economic Development will be of interest to academics concerned with the economics of the developing world and policymakers and professionals working within the development sector. Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. 5/5(1). The issue of institutional development has come to prominence during the last decade or so. During this period even the IMF and the World Bank, which used to treat institutions as mere ‘details’, have come to emphasise the role of institutions in economic development. However, there are still some important gaps that need to be filled before we can say that we have a good grip on the issue Reviews: 1. Institutional Change and Economic Development The issue of institutional development has come to prominence during the last decade or so. During this period, even the IMF and the World Bank, which used to treat institutions as mere 'details', have come to emphasize the role of institutions in economic development. Get this from a library! Institutional change and economic development. [Ha-Joon Chang;] -- The issue of institutional development has come to prominence during the last decade or so. During this period, even the IMF and the World Bank, which used to treat institutions as mere 'details'.
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 /5(7). INSTITUTIONAL CHANGE AND ECONOMIC DEVELOPMENT: AN INTRODUCTION HA-JOON CHANG1 1. The rising interest in the role of institutions in economic development The issue of institutional development, or ‘governance reform’, has come to prominence during the last decade or so. During this period, even the IMF. The volume’s editors, themselves leading scholars in the discipline, provide a comprehensive introduction, and the stellar contributors offer up-to-date analysis into institutional change and its interactions with the dynamics of economic development. This book focuses on three critical issues: the definitions of institutions in order to. The book is well researched, drawing on careful readings of government documents, newspapers and other materials from the period. Li Zhang, Journal of Asian Studies Incredibly well-researched Red China’s Green Revolution is a fascinating book. Fabio Lanza, Asia Maior This book is unquestionably well-researched.
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. Book review: Red China’s Green Revolution: Technological Innovation, Institutional Change, and Economic Development Under the Commune Mobo Gao China Information 2, Berger, P. L. and T. Luckmann (), The Social Construction of Reality: A Treatise in the Sociology of Knowledge, Anchor Books, Garden City, NY. Chang, Ha-Joon (ed.) (), Institutional Change and Economic Development, Anthem Press. Greif, Avner (), Institutions and the Path to the Modern Economy: Lessons from Medieval Trade, Cambridge University Press, ISBN The Economics of Institutional Change Both the global financial crisis and the current COVID pandemic have profoundly impacted our economies and livelihoods. A global crisis affects popular trust in our institutions' capacity to deal with the challenges ahead, acting as a stress test on national and global institutions.