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Institutions, economic performance and the visible hand : theory and evidence

Author: Askok Chakravarti
Publisher: Cheltenham : Edward Elgar Publishing, 2012.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
This timely study convincingly argues that it is not resources but the institutions which govern the interaction and decision-making of economic and political agents, that are the key factor in determining the economic performance of nations. The book challenges the conventional wisdom on the determinants of economic performance and provides an alternative vision of the functioning of an economic system. The author  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Chakravarti, Askok.
Institutions, economic performance and the visible hand.
Cheltenham : Edward Elgar Publishing, ©2012
(OCoLC)775029543
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Askok Chakravarti
ISBN: 9781781001417 1781001413
OCLC Number: 797916268
Description: 1 online resource (256 pages)
Contents: Cover --
Copyright --
Contents --
Figures and tables --
About the author --
Preface --
1. Introduction --
2. The neoclassical model and its critique --
3. The old and new institutional economics --
4. Development strategies and performance: an overview --
5. Institutions and governance: the new empirical evidence --
6. Institutions in economic history --
7. Discontinuous institutional change --
8. Southern Sudan: a case study in discontinuous institutional change --
9. Markets and institutions --
10. Mechanisms of institutional transition --
Appendix --
Bibliography --
Index.
Responsibility: Ashok Chakravarti.

Abstract:

This timely study convincingly argues that it is not resources but the institutions which govern the interaction and decision-making of economic and political agents, that are the key factor in  Read more...

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`This book represents an important next step in the new institutional economics. Using this perspective, it undertakes a thorough re-examination of the problems of development.' -- Barry R. Weingast, Read more...

 
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