Institutions and market economies : the political economy of growth and development /
edited by W.R. Garside.
- xix, 346 pages : illustrations ; 23 cm
Includes bibliographical references and index.
"Average standards of living in the richest countries in the world are more than a hundred times greater than those in the poorest countries. Recent literarure has started to look for the more fundamental determinants of capital accumulation and innovation, hence long-term growth and development, to help explain this phenomenon. This volume is a timely reminder of the relationship between institutions, institutional change and economic development. Enriching contemporary debates with a mixture of empirical, historical and methodologcal approaches, this book explores the significance of instituions."--Publisher description.