"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 contributors' 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.
General
Imprint: |
Harvard University Press
|
Country of origin: |
United States |
Release date: |
November 2008 |
First published: |
November 2008 |
Editors: |
Elhanan Helpman
|
Dimensions: |
235 x 156 x 39mm (L x W x T) |
Format: |
Hardcover - Cloth over boards / With printed dust jacket
|
Pages: |
624 |
ISBN-13: |
978-0-674-03077-0 |
Categories: |
Books >
Business & Economics >
Economics >
International economics >
General
|
LSN: |
0-674-03077-X |
Barcode: |
9780674030770 |
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