Shiping Tang

The Institutional Foundation of Economic Development

• Broschiertes Buch

Produktbeschreibung

"A systemic account of how institutions shape economic developmentInstitutions matter for economic development. Yet, despite this accepted wisdom, new institutional economics (NIE) has yet to provide a comprehensive look at what constitutes the institutional foundation of economic development (IFED). Bringing together findings from a range a fields, from development economics and development studies to political science and sociology, The Institutional Foundation of Economic Development explores the precise mechanisms through which institutions affect growth.Shiping Tang contends institutions shape economic development through four "Big Things": possibility, incentive, capability, and opportunity. From this perspective, IFED has six major dimensions: political hierarchy, property rights, social mobility, redistribution, innovation protection, and equal opportunity. Tang further argues that IFED is only one pillar within the New Development Triangle (NDT): sustained economic development also requires strong state capacity and sound socioeconomic policies.Arguing for an evolutionary approach tied to a country's stage of development, The Institutional Foundation of Economic Development advances an understanding of institutions and economic development through a holistic, interdisciplinary lens"--

Produktdetails

• Verlag: Princeton University Press
• Seitenzahl: 328
• Erscheinungstermin: 6. September 2022
• Englisch
• Abmessung: 155mm x 229mm x 23mm
• Gewicht: 526g
• ISBN-13: 9780691235578
• ISBN-10: 0691235570
• Artikelnr.: 63222670

Autorenporträt

Shiping Tang