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Institutions and development: generalizations that endanger progress

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  • NUGENT, JEFFREY B.

Abstract

This article draws on several of the major breakthroughs in the institutions and development field to demonstrate that criticisms of work in this field as a whole based on its allegedly universal and unquestioning support for liberalizing institutions and the simplistic rationale and deficient empirical methods that have been used to buttress that support are outdated, inappropriate and misleading.

Suggested Citation

  • Nugent, Jeffrey B., 2011. "Institutions and development: generalizations that endanger progress," Journal of Institutional Economics, Cambridge University Press, vol. 7(04), pages 561-565, December.
  • Handle: RePEc:cup:jinsec:v:7:y:2011:i:04:p:561-565_00
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    1. Nabli, Mustapha K. & Nugent, Jeffrey B., 1989. "The New Institutional Economics and its applicability to development," World Development, Elsevier, vol. 17(9), pages 1333-1347, September.
    2. Oded Galor & Omer Moav & Dietrich Vollrath, 2009. "Inequality in Landownership, the Emergence of Human-Capital Promoting Institutions, and the Great Divergence," Review of Economic Studies, Oxford University Press, vol. 76(1), pages 143-179.
    3. Nugent, Jeffrey B & Sanchez, Nicolas, 1993. "Tribes, Chiefs, and Transhumance: A Comparative Institutional Analysis," Economic Development and Cultural Change, University of Chicago Press, vol. 42(1), pages 87-113, October.
    4. Brent B Allred & Walter G Park, 2007. "Patent rights and innovative activity: evidence from national and firm-level data," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 38(6), pages 878-900, November.
    5. Erica Field, 2007. "Entitled to Work: Urban Property Rights and Labor Supply in Peru," The Quarterly Journal of Economics, Oxford University Press, vol. 122(4), pages 1561-1602.
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