Institutional change and economic development
2007
Chang HaJoon (ed.)
This book draws together contributions from scholars in economics, history, political science, sociology, public administration and business administration. These experts discuss not only theoretical issues but also a diverse range of real-life institutions, - political, bureaucratic, fiscal, financial, corporate, legal, social and industrial, in a dozens of countries across time and space, from Britain, Switzerland and the USA to today's Botswana, Brazil and China. There is no simple formula for institutional development. Instead, real-life examples of institutional development which has been achieved through a mixture of deliberate imitation of foreign institutions and local institutional innovations are discussed and studied. While arguing there is no set formula for institutional development, this book will assist developing countries to improve their institutions by providing sophisticated theoretical discussions and helpful policy ideas based on real-life cases.
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