In the Millennium Development Goals discussion, the question of how we eliminate bad institutions that perpetuate global poverty often arises. Democracy and participatory institutions are proposed as meta-institutions that are meant to create better ones. Democracies, however, also stumble. We...

The book draws together contributions from leading experts across a range of disciplines including economics, law, politics and governance, public management and business management. The authors begin with an extensive overview of the issues of regulation and competition in developing countries,...