This volume addresses the significance of institutional economics
for the developing world. It blends together theoretical and
empirical contributions from a range of disciplines - notably
development studies, economics and economic history. The work
begins with an overview of the origins and scope of the new
institutional economics. Subsequent chapters extend this, providing
critical commentaries and a theory which has challenged the
orthodoxies about development, especially concerning the role of
markets. The remaining chapters deal with theoretical issues and
with institutions, markets and the state in a wide range of
geographical and historical contexts.
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