Institutional change and economic development

Ha‐Joon Chang

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Culture, Economy, and Development Studies Economic Theory and Institutions Economic Growth and Productivity

Abstract

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 their role in economic development. However, there are still some important knowledge gaps that need to be filled before we can say that we have a good grip on the issue of institutions and economic development, both theoretically and at the policy level. This book constitutes an attempt to fill these gaps.--Publisher's description.

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References

1985Economic Action and Social Structure: The Problem of Embeddedness 2000The New Institutional Economics: Taking Stock, Looking Ahead 2017Kicking Away the Ladder: Development Strategy in Historical Perspective 1999Interfirm Relationships and Informal Credit in Vietnam 2001Intellectual Property Rights and Economic Development: Historical lessons and emerging issues

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