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Institutional Change and Economic Development
A thought-provoking and challenging analysis of the role of institutions in economic development. It is a necessary antidote to the orthodox writings on this subject. A must read.
—Ajit Singh, Professor of Economics, University of Cambridge
- Publisher:
- UNU Press
- Title:
- Institutional Change and Economic Development
- Authors:
- Edited by Ha-Joon Chang
- Publication date:
- October 2007
- ISBN 13 Print:
- 9789280811438
- Copyright holder:
- © UNU-WIDER
- Copyright year:
- 2007
- Keywords:
- institutional development, institutional innovations, economic devleopment
- JEL:
- F33, G20, N20
- Project:
- Institutions for Economic Development: Theory, History and Contemporary Experiences
- Format:
- paperback book
- co-published by Anthem Press
- North America and Geneva edition
- There is a growing confluence of economic opinion on the centrality of institutions in the development process but few detailed comparative historical studies of the interface between their form, function and context. Ha-Joon Chang, under the sponsorship of WIDER, has assembled a cogent set of essays richly presenting a tapestry of institutional experiences from virtually every region of the world. The volume will prove to be an important resource to counter the latest institutional orthodoxies on governance and property rights coming from the World Bank and IMF as countries look beyond the latest fashions from the Bretton Woods organizations. —Howard Stein, University of Michigan.