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Books > Business & Economics > Business & management > Ownership & organization of enterprises
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The Manufacturing of Markets - Legal, Political and Economic Dynamics (Hardcover)
Loot Price: R3,743
Discovery Miles 37 430
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The Manufacturing of Markets - Legal, Political and Economic Dynamics (Hardcover)
Expected to ship within 12 - 19 working days
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Different types of markets exist throughout the world but how are
they created? In this book, an interdisciplinary team of authors
provide an evolutionary vision of how markets are designed and
shaped. Drawing on a series of case studies, they show that markets
are far from perfect and natural mechanisms, and propose a new view
of markets as social construct, explaining how combinations of
economic, political and legal constraints influence the formation
and performance of markets. Historical trajectories and
interdependencies among institutional dimensions make it difficult
to build costless, non-biased co-ordination mechanisms, and there
are limitations to public and private attempts to improve the
design of markets. The authors show that incomplete and imperfect
modes of governance must be improved upon and combined in order for
markets to work more efficiently. This timely book will interest
practitioners and academics with backgrounds in economics, law,
political science and public policy.
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