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Institutional Change and Economic Development (Paperback)
Loot Price: R651
Discovery Miles 6 510
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Institutional Change and Economic Development (Paperback)
Series: Anthem Frontiers of Global Political Economy and Development, 1
Expected to ship within 12 - 17 working days
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The issue of institutional development has come to prominence
during the last decade or so. During this period even the IMF and
the World Bank, which used to treat institutions as mere details',
have come to emphasise the role of institutions in economic
development. However, there are still some important gaps that need
to be filled before we can say that we have a good grip on the
issue of institutions and economic development, both theoretically
and at the policy level. This book is an attempt to fill these
gaps. Recognizing the complexity of the issues involved, this book
draws together contributions from scholars in economics, history,
political science, sociology, public administration and business
administration. These experts discuss not only theoretical issues
but also a diverse range of real-life institutions political,
bureaucratic, fiscal, financial, corporate, legal, social and
industrial in the context of dozens of countries across time and
space from Britain, Switzerland and the USA to today's Botswana,
Brazil and China. The contributors show that there is no simple
formula for institutional development. Instead, real-life examples
of institutional development which has been achieved through a
mixture of deliberate imitation of foreign institutions and local
institutional innovations are discussed and studied. While arguing
there is no set formula for institutional development, this book
will assist developing countries to improve their institutions by
providing sophisticated theoretical discussions and helpful policy
ideas based on real-life cases.
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