This ambitious book presents a conceptual framework for an
institutional approach to economic change and economic
transformation. It sheds important light on two basic concepts:
social complexity and interactive governance. The first part of the
book develops the theoretical foundations for dealing with social
complexity, economic governance and change. The second part
describes the failures and successes of different forms of
governance in different cultural and institutional contexts. A
major theme in the book is the significance of social context and
path-dependence in the management of economic change. The book will
have particular appeal to economists and political scientists
concerned with the political economy of economic change and the
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