ENGLISH

Institutional Microeconomics of Development

By Timothy Besley; Robin Burgess; Rajshri Jayaraman; Manuela Angelucci; Pranab Bardhan; Giacomo de Gior

Book information

Publisher
MIT Press
Year
2010
ISBN
9780262289184, 9780262014069
LCC
HB99.5 -- .I575 2010eb
Language
english
Format
PDF
Filesize
3 MB (2736562 bytes)
Series
CESifo Seminar Ser.
Edition
1
Pages
263\263
Time added
2023-08-12 11:59:00
Institutional economics -- Case studies. ; Economi

Description

Leading scholars examine political, legal, social, and market institutions through a microeconomic lens. The narrative of development economics is now infused with discussions of institutions. Economists debate whether institutions--or other factors altogether (geography, culture, or religion)--are central to development. In this volume, leading scholars in development economics view institutions from a microeconomic perspective, offering both theoretical overviews and empirical analyses spanning three continents. After substantial introductory chapters by Pranab Bardhan and Marcel Fafchamps, two scholars who have published important work on this topic, each of the remaining chapters examines a particular set of institutions in a unique setting. These chapters treat the effects of Angola's violent conflict on that country's development; institutional accountability in Uganda; the effect of Indonesia's ethnic diversity on the distribution of public goods; the impact of trade liberalization on India's investment climate; extended family networks in Mexico; and a microeconomic perspective on land rights in Ethiopia. The chapters demonstrate the remarkable heterogeneity of institutions--policy change is mediated through local market institutions, government institutions, and families--as well as the empirical and methodological ingenuity of current research into this crucial topic. Contributors Manuela Angelucci, Oriana Bandiera, Pranab Bardhan, Timothy Besley, Martina Björkman, Robin Burgess, Giacomo De Giorgi, Stefan Dercon, Marcel Fafchamps, Rajshri Jayaraman, Pramila Krishnan, Eliana La Ferrara, Gilat Levy, Marcos A. Rangel, Imram Rasul, Ritva Reinikka, Jakob Svensson

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