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Item Details
Title: INSTITUTIONS AND THE PATH TO THE MODERN ECONOMY
LESSONS FROM MEDIEVAL TRADE
By: Avner Greif, Randall Calvert, Thrainn Eggertsson
Format: Paperback

List price: £32.00
Our price: £28.00
Discount:
12.5% off
You save: £4.00
ISBN 10: 0521671345
ISBN 13: 9780521671347
Availability: Usually dispatched within 3-5 days.
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Stock: Currently 1item in stock
Publisher: CAMBRIDGE UNIVERSITY PRESS
Pub. date: 1 January, 2006
Series: Political Economy of Institutions and Decisions
Pages: 526
Description: This 2006 book presents a unifying concept of the term institution.
Synopsis: It is widely believed that current disparities in economic, political, and social outcomes reflect distinct institutions. Institutions are invoked to explain why some countries are rich and others poor, some democratic and others dictatorial. But arguments of this sort gloss over the question of what institutions are, how they come about, and why they persist. They also fail to explain why institutions are influenced by the past, why it is that they can sometimes change, why they differ so much from society to society, and why it is hard to study them empirically and devise a policy aimed at altering them. This 2006 book seeks to overcome these problems, which have exercised economists, sociologists, political scientists, and a host of other researchers who use the social sciences to study history, law, and business administration. It presents a multi-disciplinary perspective to study endogenous institutions and their dynamics.
Illustrations: 7 tables
Publication: UK
Imprint: Cambridge University Press
Prizes: Winner of AFEE-EAEPE Veblen 150 Prize: Category 2 2007
Returns: Returnable
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