Download or read book Institutions Institutional Change and Economic Performance written by Douglass C. North and published by Cambridge University Press. This book was released on 1990-10-26 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: An analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies is developed in this analysis of economic structures.
Download or read book Institutions Institutional Change and Economic Performance written by Douglass C. North and published by Cambridge University Press. This book was released on 1990-10-26 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: Continuing his groundbreaking analysis of economic structures, Douglass North develops an analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies, both at a given time and over time. Institutions exist, he argues, due to the uncertainties involved in human interaction; they are the constraints devised to structure that interaction. Yet, institutions vary widely in their consequences for economic performance; some economies develop institutions that produce growth and development, while others develop institutions that produce stagnation. North first explores the nature of institutions and explains the role of transaction and production costs in their development. The second part of the book deals with institutional change. Institutions create the incentive structure in an economy, and organisations will be created to take advantage of the opportunities provided within a given institutional framework. North argues that the kinds of skills and knowledge fostered by the structure of an economy will shape the direction of change and gradually alter the institutional framework. He then explains how institutional development may lead to a path-dependent pattern of development. In the final part of the book, North explains the implications of this analysis for economic theory and economic history. He indicates how institutional analysis must be incorporated into neo-classical theory and explores the potential for the construction of a dynamic theory of long-term economic change. Douglass C. North is Director of the Center of Political Economy and Professor of Economics and History at Washington University in St. Louis. He is a past president of the Economic History Association and Western Economics Association and a Fellow, American Academy of Arts and Sciences. He has written over sixty articles for a variety of journals and is the author of The Rise of the Western World: A New Economic History (CUP, 1973, with R.P. Thomas) and Structure and Change in Economic History (Norton, 1981). Professor North is included in Great Economists Since Keynes edited by M. Blaug (CUP, 1988 paperback ed.)
Download or read book Institutional Change and Globalization written by John L. Campbell and published by Princeton University Press. This book was released on 2004-08-15 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about some of the most important problems confronting social scientists who study institutions and institutional change. It is also about globalization, particularly the frequent claim that globalization is transforming national political and economic institutions as never before.
Download or read book Institutional Change And Adaptive Efficiency A Study Of China s Hukou System Evolution written by Tony J Saich and published by World Scientific. This book was released on 2023-11-06 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the 1990s, neo-institutionalists have posited that 'institutions matter'. However, they overlook one important issue: the ways institutions change also matters. Numerous academic studies have identified 'good' and 'bad' institutions, but little has been written about effective methods of transforming 'bad' institutions so that they enhance economic performance. To fill this gap, this book reframes the approach of neo-institutional economics to analyze institutions' role and evolution, focusing on the interaction between the household registration (hukou) system evolution and economic transformation.The authors apply an endogenous and dynamic perspective. First, the theory of endogenous institutional change illustrates how the drivers of hukou system evolution differ in the pre-reform and reform eras. Second, the theory of adaptive efficiency evaluates the evolution of the system's institutional efficiency. Finally, the authors were able to test the impact of the hukou reform on urban economic growth by examining local experimentation, helping explain the current 'stickiness' of the system.At the heart of hukou reform lies the question of how to deal with the link between hukou and welfare provision. This book will offer policymakers a better understanding of institutional change in dynamic economic contexts, helping them enhance economic performance.
Download or read book Beyond Continuity written by Wolfgang Streeck and published by Oxford University Press. This book was released on 2005-03-10 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Debates surrounding institutional change have become increasingly central to Political Science, Management Studies, and Sociology, opposing the role of globalization in bringing about a convergence of national economies and institutions on one model to theories about 'Varieties of Capitalism'. This book brings together a distinguished set of contributors from a variety of disciplines to examine current theories of institutional change. The chapters highlight the limitations of these theories, finding them lacking in the analytic tools necessary to identify the changes occurring at a national level, and therefore tend to explain many changes and innovation as simply another version of previous situations. Instead a model emerges of contemporary political economies developing in incremental but cumulatively transformative processes. The contributors show that a wide, but not infinite, variety of models of institutional change exist which can meaningfully distinguished and analytically compared. They offer an empirically grounded typology of modes of institutional change that offer important insights on mechanisms of social and political stability, and evolution generally. Beyond Continuity provides a more complex and fundamental understanding of institutional change, and will be important reading for academics, researchers, and advanced students of Political Science, Management Studies, Sociology, and Economics.
Download or read book Institutional Change Efficiency and Structure of Economy written by Oleg Sukharev and published by LAP Lambert Academic Publishing. This book was released on 2011-04 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book develops the theory of institutional change, is formed in the direction of economic analysis - institutional macroeconomics. The author developed the concept of economic dysfunction and applied it to writing problems of economic growth, offers a model of competition in the agents' innovator-conservative," corrects the doctrine of" creative destruction," offers a model of institutional change based on the effect of a chessboard, with the resulting conclusions from the change in criteria for public well-being that are not fair in terms of institutional change. In addition, the monograph developed axioms of efficiency of economic systems, and proposes a system to assess the economic efficiency of system dysfunction, using the apparatus of the theory of reliability.
Download or read book Legal Economic Institutions Entrepreneurship and Management written by Nezameddin Faghih and published by Springer Nature. This book was released on 2021-04-07 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study of dynamics of institutional change in emerging markets are subjects of great interest in contemporary political economy. The dynamics and quality of institutional change can have significant impacts on the long-run performance of economies, economic growth and development of nations, and play a fundamental role in societies. It provides a comprehensive understanding of legal-economic institutions, and sheds light on the way to global peace by producing a better understanding of the dynamics of historical change. Topics range from institutional uncertainty, hybrid market order and labor market institutions, to good governance of institutions and WTO rules as trade institutions, as well as entrepreneurship and institutional change in emerging markets, and the role of modern technologies. This edited volume emphasizes legal-economic institutions, and the role of management and entrepreneurship on dynamics, trends, and implications of institutional change in emerging markets. Presenting research articles by eminent scholars and experts engaged in education and research, who address and discuss the most recent issues in the field, they reveal new insights into the dynamics of institutional change for researchers interested in development of new theories and comparative studies, especially in the era of emerging markets. The book is appealing to a wide range of global audience, can serve as a useful reference work in education and research, offers innovative and productive discussions, and can satisfy scholarly and intellectual interests, regarding institutional development and a broad spectrum of its interactions with functioning of markets and economies.
Download or read book Renegotiating the World Order written by Phillip Y. Lipscy and published by Cambridge University Press. This book was released on 2017-06-09 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Phillip Y. Lipscy explains how countries renegotiate international institutions when rising powers such as Japan and China challenge the existing order. This book is particularly relevant for those interested in topics such as international organizations, such as United Nations, IMF, and World Bank, political economy, international security, US diplomacy, Chinese diplomacy, and Japanese diplomacy.
Download or read book The Impact of Institutional Change on Firm Efficiency written by Thomas Peter Triebs and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Institutional Change and American Economic Growth written by L. E. Davis and published by CUP Archive. This book was released on 1971-09-24 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a model for examining problems of institutional change and applies it to American economic development in the nineteenth and twentieth centuries. The authors develop their model of institutional change. They argue that if external economic factors make an increase in income possible but not attainable within the existing institutional structure, new organizations must be developed to achieve the potential in income. Their model is designed to explain the type and timing of these necessary changes in institutional organization. Individual, voluntary cooperative, and governmental arrangements are included in the discussion, although the latter differs considerably from the first two.
Download or read book Institutional Efficiency and Its Determinants written by Silvio Borner and published by OECD Publishing. This book was released on 2004 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication discusses the impact of institutions on economic development and the determinants that shape institutional quality, using a new institutional economics (NIE) model based on a multidisciplinary approach to understanding issues including growth, efficiency and income distribution. Using the experience of Argentina under the Menem government as a case study, a methodology is developed and applied to test theoretical hypotheses regarding the concept of institutional quality and how delineation between economic and political institutions work in practice. It also considers systems of democracy and autocracy, and the impact of traditional, legal and cultural frameworks on institutional efficiency.
Download or read book The Federal Civil Service System and the Problem of Bureaucracy written by Ronald N. Johnson and published by University of Chicago Press. This book was released on 2007-12-01 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: The call to "reinvent government"—to reform the government bureaucracy of the United States—resonates as loudly from elected officials as from the public. Examining the political and economic forces that have shaped the American civil service system from its beginnings in 1883 through today, the authors of this volume explain why, despite attempts at an overhaul, significant change in the bureaucracy remains a formidable challenge.
Download or read book The Competitiveness of Archaic Practices written by Franco L. Furger and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: From a theoretical point of view, explaining institutional stability and institutional change has remained a difficult task. The new institutional economics initially identified economic efficiency as the main driver of institutional change. In more recent times, it has been recognized that efficiency considerations alone don't always account for institutional change, and that the direction of change may significantly be affected by cultural factors and cognitive limitations. Conceptualizing these seemingly intuitive notions has proven very difficult. In this paper, I introduce the concepts of mutually reinforcing practices and of belief networks to explain several to account both for institutional stability and institutional change. I illustrate the usefulness of these concepts by focusing on several puzzling practices of marine insurance. I show that transaction costs and cognitive limitations are poor explanations of the entrenched nature of these institutions. I demonstrate that networks of beliefs and practices are a better explanation of the stability of these institutions. In a second step, I focus on two critical events, the crisis of the international maritime industry and exogenous regulatory and economic shocks, as an opportunity to better understand the mechanisms of institutional change. Central to this discussion are two questions: why did these changes occurred only in the late 20th century and not earlier, and what may account for the direction of the observed institutional change. I show that neither efficiency nor power explain this institutional transition. I identify three key factors that have triggered this transition, generalized uncertainty, periodicity, and economic impact. Finally, I provide some evidence for the hypothesis that updated practices of marine insurance are compatible with an institutional transition that minimizes changes to existing belief networks.
Download or read book Institutional Change written by Sven-Erik Sjostrand and published by Routledge. This book was released on 2016-06-16 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together some 15 papers drawn from the 330 papers presented at the Third Annual Conference of the Society for the Advancement of Socio-Economics in Stockholm, Sweden in June 1991. Part 1 outlines a basic theory of institutional change; Parts 2 and 3 examine case studies in international experience with institutional change. The authors of the original papers include Douglas North, Amitai Etzioni, Oliver Williamson, as well as eminent scholars from Eastern and Western Europe, representing views and analyses from ten different countries.
Download or read book Records Management and Knowledge Mobilisation written by Stephen Harries and published by Elsevier. This book was released on 2011-11-09 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues that records management can contribute to public sector reform and transformation in the new climate of austerity, without losing its essential characteristics. Over the last 15 years, records management has prospered, tackling problems of electronic information and building a strong case for information governance based on a model of regulation and management control. The public sector environment is now changing rapidly, with more emphasis on efficiency, flexibility and innovation, devolving control, loosening regulation, and cutting budgets. By linking practical ideas about the use and management of knowledge, the author will draw on insights from the study of policy-making and programme delivery to show how managing the relationship between records and knowledge, their creation and use, can not only make an important contribution to public sector innovation in itself, but also reconcile the demands of regulation through a wider concept of the governance of knowledge as well as information. Draws on practical real-world examples Focuses on how records management can respond to the challenges of transformation in this period of public sector retrenchment, as yet little discussed elsewhere Integrates concepts from records and knowledge management in a coherent applied framework, and locates this within the context of policy-making and delivery, to achieve positive benefits
Download or read book Transaction Costs Institutions and Economic Performance written by Douglass Cecil North and published by Ics Press. This book was released on 1992 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Alternative Institutional Structures written by Sandra Batie and published by Routledge. This book was released on 2008-06-16 with total page 553 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the spring on 2006, a workshop was held at Michigan State University to honour the career of A. Allan Schmid and his writings about how institutions evolve and how alternative institutions, including property rights, shape political relationships and impact economic performance. This edited book is the outcome of the workshop. It is a collection
