The new institutional economics critique on ECLA thought: the institutional dimension and the role of ideology in economic development - This paper aims at discussing the validity of criticism raised by New Institutional Economics against ECLA (or Cepal) explanation of Latin America economic...

This paper deals with the nature of the economic growth process, given by the interaction of institutional and technological change, the role of firms and institutions. This analytical perspective is present in both the evolutionary and the institutionalist approach. They both agree in two...

Nobel Prize Douglass North´s ideas have developed for a long time, since the beginning of the seventies to the end of the nineties. As his historical analysis developed, North became convinced of the positive relationship between economic growth and liberties. This paper tries to demonstrate...

Most historical explanations of national development experiences assume a 'methodological nationalism' approach whereas different national performances are basically explained by State strategies. Developmental States are generally conceptualized as an autonomous entity distant from material...

Adam Smith and his context: the Scottish enlightenment This essay argues that Adam Smith´s thought should be interpreted within the intellectual context of the Scottish enlightenment. It discusses the origins and the specific nature of the enlightenment in Scotland in order to highlight the...