000 01077 a2200169 4500
020 _a9780521397346
082 _a330.1552 NOR
100 _aNorth, Douglass C
245 _aInstitutions, Institutional Change, and Economic Performance
260 _bCambridge University Press
_c1990
_aCambridge
300 _a152
520 _aContinuing 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.
650 _aInstitutional Economics
650 _aOrganizational Change
650 _aEconomic development
942 _cBK
_2ddc
999 _c47697
_d47697