The New Comparative Economics
In recent years, the field of comparative economics refocused on the comparison of capitalist economies. The theme of the new research is that institutions exert a profound influence on economic development. We argue that, to understand capitalist institutions, one needs to understand the basic tradeoff between the costs of disorder and those of dictatorship. We apply this logic to study the structure of efficient institutions, the consequences of colonial transplantation, and the politics of institutional choice.
Year of publication: |
2003-05-05
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Authors: | Shleifer, Andrei ; Djankov, Simeon ; Glaeser, Edward L. ; Porta, Rafael La ; Silanes, Florencio Lopez de |
Institutions: | School of Management, Yale University |
Saved in:
freely available
Extent: | application/pdf |
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Series: | |
Type of publication: | Book / Working Paper |
Classification: | K1 - Basic Areas of Law ; P1 - Capitalist Systems ; P14 - Property Rights ; P16 - Political Economy ; P37 - Legal Institutions; Illegal Behavior ; P5 - Comparative Economic Systems ; P51 - Comparative Analysis of Economic Systems ; H1 - Structure and Scope of Government |
Source: |
Persistent link: https://www.econbiz.de/10005587127