This volume breaks new ground in the economic theory of institutions. The contributors show how some of the tools of advanced economic theory can usefully contribute to an understanding of how institutions operate. They show how sound theoretical analysis can in fact enable economists to reach conclusions which will help practitioners avoid many pitfalls in the formation and implementation of development policies, both within individual countries and in the context of international aid.
`well worth reading'
Journal of Institutional and Theoretical Economics
`a welcome contribution to an economic understanding of institutions'
Quarterly Journal of International Agriculture
`the book may well become a standard reference in institutional economics, especially in the context of LDCs, and will additionally stimulate efforts towards more applied research'
Weltwirtschaftliches Archiv (Review of World Economics)
`Pranab Bardhan has enriched this volume with a very good summary of the present state of research on the alternative approaches to the theory of institution.'
'This is an important book to which non-economists should pay good heed ... It is a collection of excellent papers which can be considered to be part of a general upsurge of 'new-institutionalism' across the social sciences. This volume should be welcomed as a refreshing and valuable starting point for renewed cross-disciplinary debate in development studies, for which all the contributors are to be congratulated.'
J. Allister McGregor, University of Bath, Public Administration & Development 12/2
General introduction; Land and labour; Credit and interlinked transactions; Marketing and insurance; Co-operatives, technology and the State
Series: Clarendon Paperbacks
Number Of Pages: 416
Published: 12th December 1991
Country of Publication: GB
Dimensions (cm): 23.42 x 15.67
Weight (kg): 0.67