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Markets Governance And Institutions In The Process Of Economic Development
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Book Synopsis Markets, Governance, and Institutions in the Process of Economic Development by : Ajit Mishra
Download or read book Markets, Governance, and Institutions in the Process of Economic Development written by Ajit Mishra and published by Oxford University Press. This book was released on 2018 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: With contributions from past and present collaborators, this book celebrates the contributions of Kaushik Basu to development economics. It reflects on the issues of rent control, child labour, labour laws, harrassment, shared prosperity, and gender empowerment in the broader context of interactions between markets, governments, and institutions.
Book Synopsis Governance and Economic Development by : Joachim Ahrens
Download or read book Governance and Economic Development written by Joachim Ahrens and published by Edward Elgar Publishing. This book was released on 2002 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: Outlines a theory of governance and applies it to key problems relating to the implementation of economic reforms in less developed countries and economies in transition.
Book Synopsis The Institutions of the Market by : Alexander Ebner
Download or read book The Institutions of the Market written by Alexander Ebner and published by Oxford University Press on Demand. This book was released on 2008-07-31 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: Where do markets come from and what drives their evolution? How do organizations cope with the competitive dynamism of markets? What is the role of governance mechanisms in the institutional coordination of markets? In this book, leading social scientists consider these questions and examine the institutional foundations of economic change.
Book Synopsis The Handbook of Economic Development and Institutions by : Jean-Marie Baland
Download or read book The Handbook of Economic Development and Institutions written by Jean-Marie Baland and published by Princeton University Press. This book was released on 2020-01-21 with total page 786 pages. Available in PDF, EPUB and Kindle. Book excerpt: The definitive reference on the most current economics of development and institutions The essential role that institutions play in understanding economic development has long been recognized across the social sciences, including in economics. Academic and policy interest in this subject has never been higher. The Handbook of Economic Development and Institutions is the first to bring together in one single volume the most cutting-edge work in this area by the best-known international economists. The volume’s editors, themselves leading scholars in the discipline, provide a comprehensive introduction, and the stellar contributors offer up-to-date analysis into institutional change and its interactions with the dynamics of economic development. This book focuses on three critical issues: the definitions of institutions in order to argue for a causal link to development, the complex interplay between formal and informal institutions, and the evolution and coevolution of institutions and their interactions with the political economy of development. Topics examined include the relationship between institutions and growth, educational systems, the role of the media, and the intersection between traditional systems of patronage and political institutions. Each chapter—covering the frontier research in its area and pointing to new areas of research—is the product of extensive workshopping on the part of the contributors. The definitive reference work on this topic, The Handbook of Economic Development and Institutions will be essential for academics, researchers, and professionals working in the field.
Book Synopsis Democracy, Governance, and Economic Performance by : Yi Feng
Download or read book Democracy, Governance, and Economic Performance written by Yi Feng and published by MIT Press. This book was released on 2003 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: A theoretical and empirical examination of why political institutions and organizations matter in economic growth.
Book Synopsis Institutions and Economic Development by : Bryan Cheang
Download or read book Institutions and Economic Development written by Bryan Cheang and published by Springer Nature. This book was released on 2023-04-29 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a survey of the field of development studies from a political economy perspective. It first reviews the academic literature on development and highlights the fundamental importance of institutions and social values, over and above other alternative theories, as determinants in long-run development. In this context, the book draws from the works of Nobel Laureates Douglass North, F.A. Hayek and Elinor Ostrom, and argues that the ingredients of property rights, the rule of law, and market freedoms are essential in generating socio-economic progress. Successful reforms however are not simply a function of constructing formal institutions, but must cohere with the social values, norms, and cultural commitments of local communities. It is in this spirit that the book theorises on the oft-neglected role that political entrepreneurs play in driving endogenous institutional change. Specifically, this book integrates the theoretical discussion on market-driven development with a range of case studies from around the world, featuring the bottom-up efforts of local change agents to pursue institutional reforms and changes in social opinion.
Book Synopsis Law and Development by : Frank H. Stephen
Download or read book Law and Development written by Frank H. Stephen and published by Edward Elgar Publishing. This book was released on 2018-01-26 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book draws on the analytical framework of New Institutional Economics (NIE) to critically examine the role which law and the legal system play in economic development. Analytical concepts from NIE are used to assess policies which have been supported by multilateral development organisations including securing private property rights, reform of the legal system and financial development. The importance of culture in shaping the legal environment, which in turn influences financial sector development, is also assessed using Oliver Williamson’s ‘levels of social analysis’ framework.
Book Synopsis Towards a Market Economy by : Mr.Pierre Dhonte
Download or read book Towards a Market Economy written by Mr.Pierre Dhonte and published by International Monetary Fund. This book was released on 1997-01-01 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper proposes an operational interpretation of the concept of economic governance. It argues that the capacity of governments to credibly ensure a secure economic environment provides an important benchmark against which governance can be evaluated. Such an environment—which is essential for sustained growth in a market economy—can be established through a rules–based system which ensures freedom of entry into the market, access to information, and sanctity of contracts. Since creating a secure economic environment involves profound, far–reaching social change, it has historically been a complex and lengthy process in most societies. However, basing policy prescriptions on this benchmark helps avoid possible conflicts between different social and moral values.
Book Synopsis Exchange and Development by : Peter A. Cornelisse
Download or read book Exchange and Development written by Peter A. Cornelisse and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Characterizing and understanding why and how economic actors exchange goods and services is undoubtedly one of the most important concerns of economics. Cornelisse and Thorbecke provide us with a framework to better understand the bewildering diversity of forms of exchange according to items transacted, actors involved, and environments where exchanges occur. This is done by developing the novel concept of exchange configurations. This relatively simple lens makes for a fascinating re-interpretation of the long and complex process of economic development.' Alain de Janvry, University of California at Berkeley, US 'The authors of this volume are spot on when they note that "the perspective alters drastically when it is realized that economic exchange as it occurs in the real world is a laborious and costly process with uncertain and imperfect outcomes". We all have a lot to learn from this highly original, thought provoking contribution to our understanding of the very core of economic and development thinking.' Finn Tarp, United Nations University World Institute for Development Economics Research, Finland and University of Copenhagen, Denmark This innovative and important book develops a new framework for analysing exchange that takes place within and outside markets over the course of development. The authors argue that development and social and economic progress are greatly enhanced by a fluent and efficient exchange system. Conversely, the process of development encourages and facilitates trade. The authors introduce the concept of exchange configurations to capture the multiplicity of settings within which exchange occurs and the many different forms exchange and transactions can take. The book shows how exchange configurations can help to identify the factors that constrain the exchange process and lead to the formulation of effective reforms. It then uses a historical analysis of systems of exchange during different phases of development over the last two millennia to illustrate different exchange configurations. Exchange and Development will appeal to students at both the graduate and undergraduate level in the fields of economic development, international trade, microeconomics, institutional economics and economic history. Researchers in universities and policy makers in governments and international agencies will also draw much benefit from the entirely novel approach formulated in this book.
Book Synopsis Market Institutions, Governance, and Development by : Dilip Mookherjee
Download or read book Market Institutions, Governance, and Development written by Dilip Mookherjee and published by Oxford University Press, USA. This book was released on 2006 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: On development economics theories in India.
Book Synopsis FROM GOVERNING TO GOVERNANCE: A process of change by :
Download or read book FROM GOVERNING TO GOVERNANCE: A process of change written by and published by University of Tampere. This book was released on with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Governance of the American Economy by : John L. Campbell
Download or read book Governance of the American Economy written by John L. Campbell and published by Cambridge University Press. This book was released on 1991-05-31 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, nine scholars representing various perspectives examine institutions that govern economic activity in the United States and the dramatic changes they have undergone since the late nineteenth century. They investigate how and why these changes occurred and continue to occur as markets become more volatile, technology changes and international competition becomes more intense. They also address general questions about the governance of capitalist economies by considering several governance mechanisms such as markets, bureaucratic hierarchies, associations and informal networks and by exploring how such mechanisms emerge to coordinate economic activity and affect economic performance. The first part of the book describes the important characteristics of these organisational forms and provides an overview of institutional development in the US economy. The second part includes case studies of the institutional development of eight economic sectors. Finally, based on data from these case studies, the third part of the book tests competing theories of institutional change in capitalism, develops a new evolutionary model of the change process, and offers an original analysis of how the state influences this process.
Book Synopsis The Institutional Evolution of China by : Fan Zhang
Download or read book The Institutional Evolution of China written by Fan Zhang and published by Edward Elgar Publishing. This book was released on 2018-09-28 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's recent evolution is not only a story of extraordinary economic growth but also a story of great institutional change. Fan Zhang challenges traditional theory to explain the real origins of China's reform, the political and economic forces driving it, and the reasoning behind its stagnation. The institutional re-arrangement of government and market has been crucial in this marketization process.Using a wealth of documents and cases, Zhang provides a detailed analysis of China's institutional changes over the past 40 years, focusing on the government-market relationship. A theoretical framework is presented to explain the targets and incentives of government and business firms in a bureaucratic-market system, which promoted economic growth, but also fostered corruption and resulted in a re-centralisation of the system. Using an index of marketization in China since 1978, Zhang shows that overall, market expansion has continued but with diminishing marginal gains. The government control of financial resources that had previously been relaxed in the early years of reform has been enhanced to some extent as a result of the changing institutional environment. Policy makers dealing with China-related policies, researchers and postgraduate students in political science, economics and Chinese studies will find this book a compelling exploration of the current and constant cooperation and conflict between government and market.
Book Synopsis Individuals, Institutions, and Markets by : C. Mantzavinos
Download or read book Individuals, Institutions, and Markets written by C. Mantzavinos and published by Cambridge University Press. This book was released on 2004-05-10 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book shows how the institutional framework of a society emerges and how markets within institutions work.
Book Synopsis Market relations and the competitive process by : Stan Metcalfe
Download or read book Market relations and the competitive process written by Stan Metcalfe and published by Manchester University Press. This book was released on 2018-07-30 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: This electronic version has been made available under a Creative Commons (BY-NC-ND) open access license. There has been increasing interest and debate in recent years on the instituted nature of economic processes in general and the related ideas of the market, in particular the competitive process. This debate lies at the interface between two largely independent disciplines, economics and sociology, and reflects an attempt to bring the two fields of discourse more closely together. This book explores this interface in a number of ways, looking at the competitive process and market relations from a number of different perspectives. It includes a wide range of contributors, most of whom are leading writers and thinkers in the field. The book considers the social role of economic institutions in society and examines the various meanings embedded in the word 'markets', as well as developing arguments on the nature of competition as an instituted economic process, rather than as competition being something that disturbs norms or institutions. It goes on to consider the deeper and more involved connection between markets and cognition, explaining how institutions can ease cognitive difficulties, and the effect of culture on markets and competition is also fully studied. This book will be of vital use to students and academics working in the fields of economics, sociology and business studies. It sketches the agenda for future research about markets and the competitive process.
Book Synopsis Putting Institutional Economics to Work by : Robert Picciotto
Download or read book Putting Institutional Economics to Work written by Robert Picciotto and published by World Bank Publications. This book was released on 1995-01-01 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Bank Technical Paper No. 266. Critiques both beneficial and detrimental government regulations that affect commodity markets in developing countries. Commodity markets require a regulatory environment that encourages private enterprise. Government regulations are needed to foster conditions in which market participants have the incentive and the opportunity to operate successfully. This paper poses the difficult question of which regulations are essential for the development of commodity markets and which become impediments. Government regulations are classified according to whether they are - Essential for the development of competitive markets - Facilitators of developing private market rules - Impediments to market development. The authors use the agricultural market as an example for outlining regulatory strategies and summarize the minimum requirements for market development.
Book Synopsis The Role of Government in East Asian Economic Development by : Masahiko Aoki
Download or read book The Role of Government in East Asian Economic Development written by Masahiko Aoki and published by Oxford University Press. This book was released on 1997-03-13 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: The role of government in East Asian economic development has been a continuous issue. Two competing views have shaped enquiries into the source of the rapid growth high-performing Asian economies and attempts to derive a general lesson for other developing economies: the market-friendly view, according to which government intervenes little in the market, and the developmental state view, in which it governs the market. What these views share in common is a conception of marketand government as alternative mechanisms for resource allocation. They are distinct only in their judgement of the extent to which market failures have been, and ought to be, remedied by direct government intervention.This collection of essays suggests a breakthrough, third view: the market-enhancing view. Instead of viewing government and the market as mutually exclusive substitutes, it examines the capacity of government policy to facilitate or complement private sector co-ordination. The book starts from the premise that private sector institutions have important comparative advantages over government, in particular in their ability to process information available on site. At the same time, itrecognizes that the capabilities of the private sector are more limited in developing economies. The market-enhancing view thus stresses the mechanisms whereby government policy is directed at improving the ability of the private sector to solve co-ordination problems and overcome other marketimperfections.In presenting the market-enhancing view, the book recognizes the wide diversity of the roles of government across various East Asian economies-including Japan, Korea, Hong Kong, Malaysia, and China-and its path-dependant and developmental stage nature.
