This publication discusses the impact of institutions on economic development and the determinants that shape institutional quality, using a new institutional e
New Institutional Economics (NIE) takes a multidisciplinary approach to understanding economic phenomena like growth, efficiency and income distribution. The au
"The essential role institutions play in understanding economic development has long been recognised and has been closely studied across the social sciences but
Originally published in 1975, Equality and Efficiency: The Big Tradeoff is a very personal work from one of the most important macroeconomists of the last hundr
'This book represents an important next step in the new institutional economics. Using this perspective, it undertakes a thorough re-examination of the problems