Institutions and development: generalizations that endanger progress
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and the simplistic rationale and deficient empirical methods that have been used to buttress that support are outdated, inappropriate and misleading.
Volume (Year): 7 (2011)
Issue (Month): 04 (December)
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References listed on IDEAS
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- 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,
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- Galor, Oded & Moav, Omer & Vollrath, Dietrich, 2008. "Inequality in Land Ownership, the Emergence of Human Capital Promoting Institutions and the Great Divergence," CEPR Discussion Papers 6751, C.E.P.R. Discussion Papers.
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- 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.
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