Institutions and Economic Development: Growth and Governance in Less-Developed a

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Contributors include economists Christopher Clague, Robert Klitgaard, Peter Murrell, Mancur Olson, Vernon Ruttan, and Vito Tanzi, and political scientists Stephan Haggard, Margaret Levi, and Elinor Ostrom.

FORMATPaperback LANGUAGEEnglish CONDITIONBrand New Publisher Description

The premise of this book is that the puzzles of economic development and post-communist transitions can be illuminated by a serious economic analysis of institutions. Economic performance is strongly dependent on the economic policies selected and on the manner in which these policies are implemented by government agencies. Performance also depends on property rights and contract enforcement mechanisms in the business community, and patterns of participation in community organizations. These and other institutional arrangements are analyzed in this book under the rubric of the New Institutional Economics. Christopher Clague brings together a distinguished group of economists and political scientists to address the determinants and consequences of international differences in economic and political institutions. After reviewing the intellectual landscape of the New Institutional Economics and other contributions, the authors present new evidence that international differences in property rights and contract enforcement help to explain differences in income, investment and growth.

Notes

Leading economists and political scientists address the determinants and consequences of international differences in economic and political institutions

Author Biography

Christopher Clague is professor of economics at the University of Maryland, College Park.

Promotional

Leading economists and political scientists address the determinants and consequences of international differences in economic and political institutions

Long Description

The puzzles of economic development and post-communist transitions, according to Christopher Clague and his colleagues, can be illuminated by a serious economic analysis of institutions. Economic performance is strongly dependent on the economic policies selected and on the manner in which these policies are implemented by government agencies. Performance is also affected by property rights and contract enforcement mechanisms in the business community and by patterns of participation in community organizations. These and other institutional arrangements are analyzed in this book under the rubric of the New Institutional Economics. Christopher Clague brings together a distinguished group of economists and political scientists to address the determinants and consequences of international differences in economic and political institutions. After reviewing the intellectual landscape of the New Institutional Economics and other contributions, the authors present new evidence that international differences in property rights and contract enforcement help to explain differences in income, investment, and growth. Additional topics include the effects of democratic political institutions on economic performance, the determinants of success or failure in community organization, the institutional challenges facing formerly communist societies, and the use of the economics of information to improve government administrative performance. The book will be of interest to both scholars and development practitioners. Contributors include economists Christopher Clague, Robert Klitgaard, Peter Murrell, Mancur Olson, Vernon Ruttan, and Vito Tanzi, and political scientists Stephan Haggard, Margaret Levi, and Elinor Ostrom.

Promotional "Headline"

Leading economists and political scientists address the determinants and consequences of international differences in economic and political institutions

Details ISBN0801854938 Short Title INSTITUTIONS & ECONOMIC DEVELO Pages 408 Publisher Johns Hopkins University Press Language English ISBN-10 0801854938 ISBN-13 9780801854934 Media Book Format Paperback Year 1997 Imprint Johns Hopkins University Press Place of Publication Baltimore, MD Country of Publication United States Audience Age 17 Illustrations No Subtitle Growth and Governance in Less-Developed and Post-Socialist Countries DOI 10.1604/9780801854934 NZ Release Date 1997-08-05 US Release Date 1997-08-05 UK Release Date 1997-08-05 Edited by Christopher Clague Author Christopher Clague Series The Johns Hopkins Studies in Development Publication Date 1997-08-05 Alternative 9780801854927 DEWEY 330.91724 Audience Undergraduate AU Release Date 1997-05-14 We've got this

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