Castellano, Fernando Lpez; Garca-Quero, Fernando - In: Journal of Economic Issues 46 (2012) 4, pp. 921-940
The recent publication of "Institutions and Economic Development: Theory, Policy and History" (Chang 2011a) has stimulated a thought-provoking debate, and has brought forth a wide-ranging demonstration of the theoretical arsenal of the new institutional economics. The debate proves that, as of...