Name: Institutions and Economic Development: Markets, Ideas, and Bottom-Up Change
Price: 2580.00 TWD
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Author: Cheang, Bryan ; Palmer, Tom G.
ISBN: 9789819908431

portada Institutions and Economic Development: Markets, Ideas, and Bottom-Up Change

Institutions and Economic Development: Markets, Ideas, and Bottom-Up Change

Type

Physical Book

Author

Tom G. Palmer

Bryan Cheang

Publisher

Springer

Language

English

Pages

202

Format

Paperback

Dimensions

23.4 x 15.4 x 1.6 cm

Weight

0.39 kg.

ISBN13

9789819908431

Edition No.

Synopsis "Institutions and Economic Development: Markets, Ideas, and Bottom-Up Change"

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.

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Institutions and Economic Development: Markets, Ideas, and Bottom-Up Change - Cheang, Bryan ; Palmer, Tom G.

Synopsis "Institutions and Economic Development: Markets, Ideas, and Bottom-Up Change"

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