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An analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies is developed in this analysis
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The conditions for sustainable growth and development are among the most debated topics in economics, and the consensus is that institutions matter greatly in e
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"In this book Richard R. Nelson mounts a full-blown attack on the standard neoclassical theory of economic growth, which he sees as hopelessly inadequate to exp
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"The essential role institutions play in understanding economic development has long been recognised and has been closely studied across the social sciences but
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This volume showcases the impact of the work of Douglass North, winner of the Nobel Prize and father of the field of new institutional economics. Leading schola