The New Institutional Economics and Third World DevelopmentJohn Harriss, Janet Hunter, Colin Lewis Routledge, 14 déc. 1995 - 376 pages The new institutional economics is one of the the most important new bodies of theory to emerge in economics in recent years. The contributors to this volume address its significance for the developing world. The book is a major contribution to an area of debate still in its formative phase. The book challenges the orthodoxies of development, especially concerning the role of markets. It includes articles from Robert Bates, John Toye and Nobel Laureate Douglass North. |
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Africa agents agricultural allocation analysis argued Bank’s behaviour Brazil Brazilian Buenos Aires capital markets cent century Coase cocoa coffee colonial commodity competitive concentration contracts country’s created crops debt Dertilis Douglass North economic growth economic reforms economists efficient enforcement enterprises equilibrium exchange existing explain export external factors farmers favour finance firms foreign framework Ghana Greek groups Handoussa important incentives increase individuals Indonesia institutional change institutional economics institutionalism institutionalists interest intervention investment labour land LDCs loans market failure maximise mental models merchants Mexico monetary neo-classical economics neo-liberal North ofthe operate organisations Pareto optimality performance pesos planters political transaction costs problem production property rights rates Rawlings regime rent-seeking result revenues Riestra role rural São Paulo sector smallholders social structural adjustment taxes theory trade transaction costs transition Type II failure World Bank