The Economic Theory of Agrarian Institutions - Bardhan, Pranab (ed.)
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This volume breaks new ground in the economic theory of institutions. The contributors show how some of the tools of advanced economic theory can usefully contribute to an understanding of how institutions operate. They show how sound theoretical analysis can in fact enable economists to reach conclusions which will help practitioners avoid many pitfalls in the formation and implementation of development policies, both within individual countries and in the context of international aid.
This volume demonstrates that advanced economic theory provides tools which may usefully be applied to an…mehr

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Produktbeschreibung
This volume breaks new ground in the economic theory of institutions. The contributors show how some of the tools of advanced economic theory can usefully contribute to an understanding of how institutions operate. They show how sound theoretical analysis can in fact enable economists to reach conclusions which will help practitioners avoid many pitfalls in the formation and implementation of development policies, both within individual countries and in the context of international aid.
This volume demonstrates that advanced economic theory provides tools which may usefully be applied to an understanding of the operation of institutions, in the case with particular and significant implications for the problems faced by poor agrarian economies. While many economist accept the institutions are of fundamental importance, this recognition has until recently rarely been matched by the application of rigorous analysis of their formation and behavior, tending rather to confine itself to descriptive studies.