Costa, Keanu Telles da - In: Economia : revista da ANPEC 25 (2024) 1, pp. 109-156
analytical developments in pursuing a Grand Theory for why some countries are rich and others poor. Design … limitations of neoclassical economic theory to explain economic growth and social change. Incorporating transaction costs, the … explaining economic performance. Originality/value In the early 1970s, North adopted a naive theory of institutions and property …