Institutions, Economic Performance and the Visible Hand: Theory and Evidence

ISBN-13: 9781781006245 / Angielski / Miękka / 2013 / 256 str.

Ashok Chakravarti

Opis

The book challenges the conventional wisdom on the determinants of economic performance and provides an alternative vision of the functioning of an economic system. The author provides a structured survey which critically evaluates the theory and evidence of neoclassical approaches to growth and development. He then skillfully integrates insights from the old and new institutional economics into an original and comprehensive vision of the relationship between institutions, growth and economic development.