THE HANDBOOK OF ECONOMIC DEVELOPMENT AND INSTITUTIONS

By BALAND, JEAN-MARIE AT AL. (Author)

ISBN 9780691191218

Pages 775

Year 2020

Edition 1

Publisher MIT PRESS

Subject ECONOMICS & FINANCE

~~₹ 8795.60~~ ₹ 7036.48

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.

About Author(s)

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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