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Institutions: Evolution, Path Dependency, Anachronisms and Impact

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  • Ralitza Dimova
  • Antonio Savoia

Abstract

This Special Section builds on cutting edge developments in the literature on institutional change and its link to economic development. It throws fresh light on this link from both a microeconomic (firm and household level) and a macroeconomic (country and cross country level) perspective. The main message is that understanding the dynamics of institutional change is key to understanding the process of economic development, while understanding evolving institutions and their links to economic development requires an understanding of the state of flux and the heterogeneous characteristics of individual settings.

Suggested Citation

  • Ralitza Dimova & Antonio Savoia, 2016. "Institutions: Evolution, Path Dependency, Anachronisms and Impact," Journal of Development Studies, Taylor & Francis Journals, vol. 52(2), pages 161-165, February.
    • Handle: RePEc:taf:jdevst:v:52:y:2016:i:2:p:161-165
    DOI: 10.1080/00220388.2015.1060319
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    References listed on IDEAS

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    Cited by:

    1. William Y. N. Suzuki & Marcio P. Laurini & Luciano Nakabashi, 2022. "Spatial heterogeneities, institutions, and income: Evidence for Brazil," Papers in Regional Science, Wiley Blackwell, vol. 101(3), pages 537-571, June.
    2. M. Niaz Asadullah & Antonio Savoia & Kunal Sen, 2020. "Will South Asia Achieve the Sustainable Development Goals by 2030? Learning from the MDGs Experience," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 152(1), pages 165-189, November.
    3. Kashwan, Prakash & MacLean, Lauren M. & García-López, Gustavo A., 2019. "Rethinking power and institutions in the shadows of neoliberalism," World Development, Elsevier, vol. 120(C), pages 133-146.

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