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Publications (18)

Ha-Joon Chang - Anthem Press with UNU Press, 2007 - New York, USA

The issue of institutional development has come to prominence during the last decade or so. During this period, even the IMF and the World Bank, which used to treat institutions as mere 'details', have come to emphasize the role of institutions in economic development. However, there are...

– Concepts and Policies
Basudeb Guha-Khasnobis, Ravi Kanbur, Elinor Ostrom - Oxford University Press, 2007 - Oxford, UK

The concepts of formal and informal remain central to the theory and practice of development more than half a century after they were introduced into the debate. They help structure the way that statistical services collect data on the economies of developing countries, the development of...

Policy Brief pdf
Ha-Joon Chang - UNU-WIDER, 2007 - Helsinki, Finland

The volume Institutional Change and Economic Development fills some important gaps in our understanding of the relationship between institutional changes and economic development. It does so by developing new discourses on the 'technology of institution building' and by providing detailed...

Working Paper pdf
– Property, Politics and Development Trajectories
Peter Evans - UNU-WIDER, 2006 - Helsinki, Finland

As institutional approaches have come to dominate the mainstream of development economics, they have outgrown earlier and simpler analyses of ‘property rights’. This paper focuses on the work of Acemoglu, Johnson, and Robinson, which suggests that the distribution of property rights to...

Working Paper pdf
– The Successful Experience of Switzerland (1870-1950)
Thomas David, André Mach - UNU-WIDER, 2006 - Helsinki, Finland

This research paper discusses the role of institutions in the rapid growth and successful international integration of Switzerland during the late nineteenth and early twentieth century. In analysing the emergence and consolidation of the institutions whose existence was crucial, the paper looks...

Working Paper pdf
– Industrial Catching-up, Institutional Innovation and Financial Fragility
Leonardo Burlamaqui, Jose A. P. De Souza, Nelson H. Barbosa-Filho - UNU-WIDER, 2006 - Helsinki, Finland

This paper seeks to explain the dynamics of Brazilian industrial catch-up in the last 60 years by discussing its background institutional conditions as well as its main macroeconomic features. After a brief introduction, the second section describes how after the institutional innovations...

Working Paper pdf
– A Historical Perspective on Institutions and Uneven Development
Erik S. Reinert - UNU-WIDER, 2006 - Helsinki, Finland

This paper argues for an ‘ancient’ institutional school, predating Thorstein Veblen’s ‘old’ institutionalism. In this view, going back as far as the thirteenth century, institutions tended to be seen as specific to a mode of production. Here both institutions and...

Working Paper pdf
– Development Strategies and Institutions in Taiwan and China
Tianbiao Zhu - UNU-WIDER, 2006 - Helsinki, Finland

Conventional explanations of Taiwan and China’s economic success point to the shift from an import-substituting industrialization (ISI) strategy to an export-oriented industrialization (EOI) strategy. This paper argues that the development strategies in Taiwan and China have always been a...

Working Paper pdf
Patrick Karl O’Brien - UNU-WIDER, 2006 - Helsinki, Finland

New institutional economics lacks a theory of state formation which could help us to deal with the mega question of why some states became more efficient than others at establishing and sustaining institutions. Some kind of middle range theory could be formulated based upon historical case studies...

Working Paper pdf
Jonathan Di John - UNU-WIDER, 2006 - Helsinki, Finland

Taxation provides one of the principal lenses in measuring state capacity, state formation and power relations in a society. This paper critically examines three main approaches (economic, administrative and political economy) to understanding taxation. It also examines differences in tax...

Working Paper pdf
– A Comparative Analysis of Mauritius, Botswana and Uganda
Julius Kiiza - UNU-WIDER, 2006 - Helsinki, Finland

This paper examines the relationship between institution building and economic performance in Mauritius, Botswana and Uganda. The rationale for comparing these cases is simple. While the three have been super-economic stars in their own right, they have achieved substantially different outcomes....

Working Paper pdf
Eric Rauchway - UNU-WIDER, 2006 - Helsinki, Finland

During its development into a continental empire, the US, like other countries relied on the investment of capital and labour from abroad; unlike other countries, the US had a peculiar political institution, federalism, which channeled these resources and also determined the course of protest...

Working Paper pdf
William Lazonick - UNU-WIDER, 2006 - Helsinki, Finland

The notion that good corporate governance means maximizing shareholder value derives from the neoclassical theory of the market economy. I explain why this perspective is highly problematic for understanding the operation and performance of the business corporation and hence the institutions that,...

Working Paper pdf
– Some Key Theoretical Issues
Ha-Joon Chang - UNU-WIDER, 2006 - Helsinki, Finland

The paper tries to improve our understanding on the role of institutions in development by critically examining the current orthodox discourse on institutions and highlighting some of its key problems. After discussing some definitional problems, the chapter examines a number of problems in the...

Working Paper pdf
Gerald Epstein - UNU-WIDER, 2006 - Helsinki, Finland

In the last two decades, there has been a global sea change in the theory and practice of central banking. The currently dominant ‘best practice’ approach to central banking consists of the following: (1) central bank independence (2) a focus on inflation fighting (including adopting...

Working Paper pdf
Meredith Woo-Cumings - UNU-WIDER, 2006 - Helsinki, Finland

This paper examines the literature on the rule of law and economic development, and in particular the influential argument by La Porta et al., on the superiority of the Anglo-American common law system in fostering financial development. In this paper I show that however compelling their argument...

Displaying 16 of 18 results.