Institutions, Institutional Change, and Economic Performance
North, Douglass C
Institutions, Institutional Change, and Economic Performance - Cambridge Cambridge University Press 1990 - 152
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.
9780521397346
Institutional Economics
Organizational Change
Economic development
330.1552 NOR
Institutions, Institutional Change, and Economic Performance - Cambridge Cambridge University Press 1990 - 152
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.
9780521397346
Institutional Economics
Organizational Change
Economic development
330.1552 NOR
