Institutions and Economic Performance
Harvard University Press, 2008 - Business & Economics - 611 pages
Institutions and Economic Performance explores the question of why income per capita varies so greatly across countries. Even taking into account disparities in resources, including physical and human capital, large economic discrepancies remain across countries. Why are some societies but not others able to encourage investments in places, people, and productivity?
The answer, the book argues, lies to a large extent in institutional differences across societies. Such institutions are wide-ranging and include formal constitutional arrangements, the role of economic and political elites, informal institutions that promote investment and knowledge transfer, and others. Two core themes run through the contributorsâe(tm) essays. First, what constraints do institutions place on the power of the executive to prevent it from extorting the investments and effort of other people and institutions? Second, when are productive institutions self-enforcing?
Institutions and Economic Performance is unique in its melding of economics, political science, history, and sociology to address its central question.
What people are saying - Write a review
The Impact of Administrative Power on Political and Economic Developments Toward a Political Economy of Implementation
The Institutional Origins of the Industrial Revolution
Institutions and the Resource Curse in Early Modern Spain
Slavery Inequality and Economic Development in the Americas An Examination of the EngermanSokoloff Hypothesis
Economic and Political Inequality in Development The Case of Cundinamarca Colombia
The Constitutional Choice of Bicameralism
Economic Development Insurgency and Civil War
Policy Persistence in Multiparty Parliamentary Democracies
Formalizing Informal Institutions Theory and Evidence from a Kenyan Slum
Making Autocracy Wor
Democracy Technology and Growth
The Growth Effect of Democracy Is It Heterogenous and How Can It Be Estimated?
List of Contributors
Party Discipline and PorkBarrel Politics