The New Institutional Economics and Third World Development

By Colin M. Lewis, Janet Hunter, John Harriss

Book Overview

The new institutional economics is one of the the most important new bodies of theory to emerge in economics in recent years. The contributors to this volume address its significance for the developing world. The book is a major contribution to an area of debate still in its formative phase. The book challenges the orthodoxies of development, especially concerning the role of markets. It includes articles from Robert Bates, John Toye and Nobel Laureate Douglass North.

• Format: Hardcover
• Language: English
• ISBN: 0415118239
• ISBN13: 9780415118231
• Release Date: May 1997
• Publisher: Routledge
• Length: 376 Pages
• Weight: 1.55 lbs.
• Dimensions: 0.9" x 6.1" x 9.2"

Customer Reviews

Reknown and experienced writers

This book is an excellent effort to compile several and relevant cases where the New Institutional Economics theory is explained through practical cases. The way in which each one of these cases is exposed, permits to see clearly the elements of this new economic thoery in the real world. Three characteristcs are prominent in this book. One, the cases show very diverse situations, which facilitates the understanding of this new theory in varied contexts. Two, in spite of that chapers are are short, which permits a easy and quick reading, they are supported in deep jobs of investigacion carried out by the authors. Three, the authors of this edition have different specific interpetaciones of this New Institutional Economics theory, which does a very valuable reading. Related to this book, there is "Institutions, Institutional Change and Economic Performance by Douglas North, or Colonialism and Underdevelopment in East Africa : The Politics of Economic Change, 1919-1939 by E.A. Brett