Institutions, Institutional Change and Economic Performance

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Publisher : Cambridge University Press
ISBN 13 : 9780521397346
Total Pages : 164 pages
Book Rating : 4.3/5 (973 download)

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Book Synopsis Institutions, Institutional Change and Economic Performance by : Douglass C. North

Download or read book Institutions, Institutional Change and Economic Performance written by Douglass C. North and published by Cambridge University Press. This book was released on 1990-10-26 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: An analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies is developed in this analysis of economic structures.

Institutions, Institutional Change, and Economic Performance

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Publisher :
ISBN 13 :
Total Pages : 152 pages
Book Rating : 4.:/5 (776 download)

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Book Synopsis Institutions, Institutional Change, and Economic Performance by : Douglass Cecil North

Download or read book Institutions, Institutional Change, and Economic Performance written by Douglass Cecil North and published by . This book was released on 1990 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Institutions, Institutional Change, and Economic Performance

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Publisher :
ISBN 13 : 9781139640909
Total Pages : 152 pages
Book Rating : 4.6/5 (49 download)

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Book Synopsis Institutions, Institutional Change, and Economic Performance by : Douglass Cecil North

Download or read book Institutions, Institutional Change, and Economic Performance written by Douglass Cecil North and published by . This book was released on 1990 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Continuing his groundbreaking analysis of economic structures, Douglass North develops an analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies, both at a given time and over time. Institutions exist, he argues, due to the uncertainties involved in human interaction; they are the constraints devised to structure that interaction. Yet, institutions vary widely in their consequences for economic performance; some economies develop institutions that produce growth and development, while others develop institutions that produce stagnation. North first explores the nature of institutions and explains the role of transaction and production costs in their development. The second part of the book deals with institutional change. Institutions create the incentive structure in an economy, and organisations will be created to take advantage of the opportunities provided within a given institutional framework. North argues that the kinds of skills and knowledge fostered by the structure of an economy will shape the direction of change and gradually alter the institutional framework. He then explains how institutional development may lead to a path-dependent pattern of development. In the final part of the book, North explains the implications of this analysis for economic theory and economic history. He indicates how institutional analysis must be incorporated into neo-classical theory and explores the potential for the construction of a dynamic theory of long-term economic change"--Provided by publisher.

Institutional Change and Economic Development

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Author :
Publisher : Anthem Press
ISBN 13 : 0857286978
Total Pages : 327 pages
Book Rating : 4.8/5 (572 download)

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Book Synopsis Institutional Change and Economic Development by : Ha-Joon Chang

Download or read book Institutional Change and Economic Development written by Ha-Joon Chang and published by Anthem Press. This book was released on 2007-11-15 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: ‘Institutional Change and Economic Development’ discusses not just theoretical issues but 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, spanning Britain, Switzerland and the USA in the past to Botswana, Brazil, and China today.

Institutions, Institutional Change and Economic Performance

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Publisher : Cambridge University Press
ISBN 13 : 1139642960
Total Pages : 231 pages
Book Rating : 4.1/5 (396 download)

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Book Synopsis Institutions, Institutional Change and Economic Performance by : Douglass C. North

Download or read book Institutions, Institutional Change and Economic Performance written by Douglass C. North and published by Cambridge University Press. This book was released on 1990-10-26 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: Continuing his groundbreaking analysis of economic structures, Douglass North develops an analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies, both at a given time and over time. Institutions exist, he argues, due to the uncertainties involved in human interaction; they are the constraints devised to structure that interaction. Yet, institutions vary widely in their consequences for economic performance; some economies develop institutions that produce growth and development, while others develop institutions that produce stagnation. North first explores the nature of institutions and explains the role of transaction and production costs in their development. The second part of the book deals with institutional change. Institutions create the incentive structure in an economy, and organisations will be created to take advantage of the opportunities provided within a given institutional framework. North argues that the kinds of skills and knowledge fostered by the structure of an economy will shape the direction of change and gradually alter the institutional framework. He then explains how institutional development may lead to a path-dependent pattern of development. In the final part of the book, North explains the implications of this analysis for economic theory and economic history. He indicates how institutional analysis must be incorporated into neo-classical theory and explores the potential for the construction of a dynamic theory of long-term economic change. Douglass C. North is Director of the Center of Political Economy and Professor of Economics and History at Washington University in St. Louis. He is a past president of the Economic History Association and Western Economics Association and a Fellow, American Academy of Arts and Sciences. He has written over sixty articles for a variety of journals and is the author of The Rise of the Western World: A New Economic History (CUP, 1973, with R.P. Thomas) and Structure and Change in Economic History (Norton, 1981). Professor North is included in Great Economists Since Keynes edited by M. Blaug (CUP, 1988 paperback ed.)

Varieties of Capitalism

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Publisher : Oxford University Press
ISBN 13 : 0199247749
Total Pages : 557 pages
Book Rating : 4.1/5 (992 download)

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Book Synopsis Varieties of Capitalism by : Peter A. Hall

Download or read book Varieties of Capitalism written by Peter A. Hall and published by Oxford University Press. This book was released on 2001 with total page 557 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.

Institutional Change and American Economic Growth

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Publisher : CUP Archive
ISBN 13 : 9780521081115
Total Pages : 304 pages
Book Rating : 4.0/5 (811 download)

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Book Synopsis Institutional Change and American Economic Growth by : L. E. Davis

Download or read book Institutional Change and American Economic Growth written by L. E. Davis and published by CUP Archive. This book was released on 1971-09-24 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a model for examining problems of institutional change and applies it to American economic development in the nineteenth and twentieth centuries. The authors develop their model of institutional change. They argue that if external economic factors make an increase in income possible but not attainable within the existing institutional structure, new organizations must be developed to achieve the potential in income. Their model is designed to explain the type and timing of these necessary changes in institutional organization. Individual, voluntary cooperative, and governmental arrangements are included in the discussion, although the latter differs considerably from the first two.

Empirical Studies in Institutional Change

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Publisher : Cambridge University Press
ISBN 13 : 9780521557436
Total Pages : 380 pages
Book Rating : 4.5/5 (574 download)

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Book Synopsis Empirical Studies in Institutional Change by : Lee J. Alston

Download or read book Empirical Studies in Institutional Change written by Lee J. Alston and published by Cambridge University Press. This book was released on 1996-07-28 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: Empirical Studies in Institutional Change is a collection of nine empirical studies by fourteen scholars. Dealing with issues ranging from the evolution of secure markets in seventeenth-century England to the origins of property rights in airport slots in modern America, the contributors analyse institutions and institutional change in various parts of the world and at various periods of time. The volume is a contribution to the new economics of institutions, which emphasises the role of transaction costs and property rights in shaping incentives and results in the economic arena. To make the papers accessible to a wide audience, including students of economics and other social sciences, the editors have written an introduction to each study and added three theoretical essays to the volume, including Douglass North's Nobel Prize address, which reflect their collective views as to the present status of institutional analysis and where it is headed.

Systemic Cycle and Institutional Change

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Publisher : Springer Nature
ISBN 13 : 3030660532
Total Pages : 324 pages
Book Rating : 4.0/5 (36 download)

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Book Synopsis Systemic Cycle and Institutional Change by : Josip Lučev

Download or read book Systemic Cycle and Institutional Change written by Josip Lučev and published by Springer Nature. This book was released on 2021-03-27 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores endogenous institutional change and the global, cyclical, and power-based drivers that underpin it. A metatheoretical framework is presented to highlight the influence of path dependence, systemic cycle driven power relations, and institutional design on the development of labor institutions. The framework is applied to the USA, Germany, and China to provide a comparative economic perspective. Systemic Cycle and Institutional Change: Labor Markets in the USA, Germany and China aims to examine endogenous institutional change through analyzing the systemic cycle and bringing together global and national conceptions of capitalism. It is relevant to students and researchers interested in comparative economics, political economy, and labor economics.

Institutions and Social Conflict

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Publisher : Cambridge University Press
ISBN 13 : 9780521421898
Total Pages : 256 pages
Book Rating : 4.4/5 (218 download)

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Book Synopsis Institutions and Social Conflict by : Jack Knight

Download or read book Institutions and Social Conflict written by Jack Knight and published by Cambridge University Press. This book was released on 1992-10-30 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: A thorough critique of theories of institutional change followed by the development of a new theory emphasising the role of distributional conflict in the emergence of social institutions.

Explaining Institutional Change

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Publisher : Cambridge University Press
ISBN 13 : 0521118832
Total Pages : 253 pages
Book Rating : 4.5/5 (211 download)

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Book Synopsis Explaining Institutional Change by : James Mahoney

Download or read book Explaining Institutional Change written by James Mahoney and published by Cambridge University Press. This book was released on 2010 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays in this book contribute to emerging debates in political science and sociology on institutional change, providing a theoretical framework and empirical applications.

How Institutions Change

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (248 download)

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Book Synopsis How Institutions Change by : Daniel L. Jones

Download or read book How Institutions Change written by Daniel L. Jones and published by . This book was released on 2002 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Institutional Revolution

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Publisher : University of Chicago Press
ISBN 13 : 0226014762
Total Pages : 282 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis The Institutional Revolution by : Douglas W. Allen

Download or read book The Institutional Revolution written by Douglas W. Allen and published by University of Chicago Press. This book was released on 2011-10-25 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: Few events in the history of humanity rival the Industrial Revolution. Following its onset in eighteenth-century Britain, sweeping changes in agriculture, manufacturing, transportation, and technology began to gain unstoppable momentum throughout Europe, North America, and eventually much of the world—with profound effects on socioeconomic and cultural conditions. In The Institutional Revolution, Douglas W. Allen offers a thought-provoking account of another, quieter revolution that took place at the end of the eighteenth century and allowed for the full exploitation of the many new technological innovations. Fundamental to this shift were dramatic changes in institutions, or the rules that govern society, which reflected significant improvements in the ability to measure performance—whether of government officials, laborers, or naval officers—thereby reducing the role of nature and the hazards of variance in daily affairs. Along the way, Allen provides readers with a fascinating explanation of the critical roles played by seemingly bizarre institutions, from dueling to the purchase of one’s rank in the British Army. Engagingly written, The Institutional Revolution traces the dramatic shift from premodern institutions based on patronage, purchase, and personal ties toward modern institutions based on standardization, merit, and wage labor—a shift which was crucial to the explosive economic growth of the Industrial Revolution.

The Institutional Dimensions of Environmental Change

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Publisher : MIT Press
ISBN 13 : 9780262740241
Total Pages : 244 pages
Book Rating : 4.7/5 (42 download)

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Book Synopsis The Institutional Dimensions of Environmental Change by : Oran R. Young

Download or read book The Institutional Dimensions of Environmental Change written by Oran R. Young and published by MIT Press. This book was released on 2002 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study that lays the foundation for cumulative research on the roles institutions play in causing and confronting environmental changes.

Building Participatory Institutions in Latin America

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Publisher : Cambridge University Press
ISBN 13 : 1108470874
Total Pages : 323 pages
Book Rating : 4.1/5 (84 download)

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Book Synopsis Building Participatory Institutions in Latin America by : Lindsay Mayka

Download or read book Building Participatory Institutions in Latin America written by Lindsay Mayka and published by Cambridge University Press. This book was released on 2019-02-07 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explains how and why some national mandates for participatory policymaking develop into powerful institutions for citizen engagement.

Institutions, Institutional Change, and Economic Performance

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Author :
Publisher :
ISBN 13 : 9781139640909
Total Pages : 152 pages
Book Rating : 4.6/5 (49 download)

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Book Synopsis Institutions, Institutional Change, and Economic Performance by : Douglass Cecil North

Download or read book Institutions, Institutional Change, and Economic Performance written by Douglass Cecil North and published by . This book was released on 1990 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Continuing his groundbreaking analysis of economic structures, Douglass North develops an analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies, both at a given time and over time. Institutions exist, he argues, due to the uncertainties involved in human interaction; they are the constraints devised to structure that interaction. Yet, institutions vary widely in their consequences for economic performance; some economies develop institutions that produce growth and development, while others develop institutions that produce stagnation. North first explores the nature of institutions and explains the role of transaction and production costs in their development. The second part of the book deals with institutional change. Institutions create the incentive structure in an economy, and organisations will be created to take advantage of the opportunities provided within a given institutional framework. North argues that the kinds of skills and knowledge fostered by the structure of an economy will shape the direction of change and gradually alter the institutional framework. He then explains how institutional development may lead to a path-dependent pattern of development. In the final part of the book, North explains the implications of this analysis for economic theory and economic history. He indicates how institutional analysis must be incorporated into neo-classical theory and explores the potential for the construction of a dynamic theory of long-term economic change"--Provided by publisher.

Understanding the Process of Economic Change

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Publisher : Princeton University Press
ISBN 13 : 1400829488
Total Pages : 200 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Understanding the Process of Economic Change by : Douglass C. North

Download or read book Understanding the Process of Economic Change written by Douglass C. North and published by Princeton University Press. This book was released on 2010-04-19 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this landmark work, a Nobel Prize-winning economist develops a new way of understanding the process by which economies change. Douglass North inspired a revolution in economic history a generation ago by demonstrating that economic performance is determined largely by the kind and quality of institutions that support markets. As he showed in two now classic books that inspired the New Institutional Economics (today a subfield of economics), property rights and transaction costs are fundamental determinants. Here, North explains how different societies arrive at the institutional infrastructure that greatly determines their economic trajectories. North argues that economic change depends largely on "adaptive efficiency," a society's effectiveness in creating institutions that are productive, stable, fair, and broadly accepted--and, importantly, flexible enough to be changed or replaced in response to political and economic feedback. While adhering to his earlier definition of institutions as the formal and informal rules that constrain human economic behavior, he extends his analysis to explore the deeper determinants of how these rules evolve and how economies change. Drawing on recent work by psychologists, he identifies intentionality as the crucial variable and proceeds to demonstrate how intentionality emerges as the product of social learning and how it then shapes the economy's institutional foundations and thus its capacity to adapt to changing circumstances. Understanding the Process of Economic Change accounts not only for past institutional change but also for the diverse performance of present-day economies. This major work is therefore also an essential guide to improving the performance of developing countries.