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The book investigates the relation between technology and institutions and their mutual influence during processes of development and change and illustrates this on the development process in Argentina after 1946. General and case-study specific policy recommendations are offered.

This book illustrates how the treatment of complexity in analytical frameworks shapes economic studies. It explores the ways economists make sense of our economic environment and where their differences in interpretations of economic issues and policy proposals are rooted. Schwardt examines developments in economies and the role of the public sector over the last few centuries. Taking a theoretical approach and addressing different analytical frameworks, a basic distinction is introduced between top-down approaches, where assumptions about the economic environment are formulated at the...