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Description :
The essential role that institutions play in understanding economic development has long been recognized across the social sciences, including in economics. Academic and policy interest in this subject has never been higher. The Handbook of Economic Development and Institutions is the first to bring together in one single volume the most cutting-edge work in this area by the best-known international economists. The volume’s editors, themselves leading scholars in the discipline, provide a comprehensive introduction, and the stellar contributors offer up-to-date analysis into institutional change and its interactions with the dynamics of economic development.
This book focuses on three critical issues: the definitions of institutions in order to argue for a causal link to development, the complex interplay between formal and informal institutions, and the evolution and coevolution of institutions and their interactions with the political economy of development. Topics examined include the relationship between institutions and growth, educational systems, the role of the media, and the intersection between traditional systems of patronage and political institutions. Each chapter—covering the frontier research in its area and pointing to new areas of research—is the product of extensive workshopping on the part of the contributors.
The definitive reference work on this topic, The Handbook of Economic Development and Institutions will be essential for academics, researchers, and professionals working in the field.
Jean-Marie Baland is professor of economics at the University of Namur. He is the coeditor of Inequality, Cooperation, and Environmental Sustainability (Princeton).
François Bourguignon is emeritus professor of economics at the Paris School of Economics, where he was previously director. He is the author of The Globalization of Inequality (Princeton).
Jean-Philippe Platteau is professor emeritus of economics at the University of Namur. He is the author of Islam Instrumentalized.
Thierry Verdier is professor of economics at the Paris School of Economics, École des Ponts ParisTech, and Pontifical Catholic University of Rio de Janeiro. He is the coeditor of The Organization of Firms in a Global Economy.
Content :
Contributors vii
Economic Development and Institutions: An Introduction 1
PART 1. POLITICAL INSTITUTIONS, CLIENTELISM, AND INEQUALITY
1. At the Intersection: A Review of Institutions in Economic Development 23
2. Clientelistic Politics and Economic Development: An Overview 84
3. Formal Institutions and Development in
Low-Income Countries: Positive and Normative Theory 103
4. Group Inequality in Democracies: Lessons
from Cross-National Experiences 137
5. Conflict and Development 153
PART 2. INSTITUTIONS AND GROWTH
6. Institutions, Development, and Growth: Where Does Evidence Stand? 189
7. Finance, Institutions, and Development:
Literature Survey and Research Agenda 218
PART 3. TRADE, AID, AND MIGRATION
8. Trade-Related Institutions and Development 255
9. Foreign Aid and Governance: A Survey 308
10. Migration, Institutions, and Development 357
PART 4. FAMILIES, GENDER, AND CULTURE
11. Formal and Informal Market Institutions: Embeddedness Revisited 375
12. Culture, Institutions, and Development 414
13. The Dynamics of Family Systems:
Lessons from Past and Present Times 449
14. Gender Institutions and Economic Development 520
PART 5. SECTORAL APPROACHES
15. Firms, Workers, and Labor Markets 557
16. Institutions, Firm Financing, and Growth 595
17. Institutions for Infrastructure in Developing Countries:
What we know … and the lot we still need to know 634
18. Education, Institutions, and Development 689
19. Media as a Tool for Institutional Change in Development 712
20. Institutions, the Environment, and Development 733
Index 751
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AARON CHATTERJI
