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Understanding Underdevelopment: Challenges for Institutional Economics from the Point of View of Poor Countries

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  • Pranab K. Bardhan

Abstract

In this paper we focus on a few broad analytical themes that have not been paid enough attention in the theoretical institutional economics literature: in particular, (a) the process of persistence of dysfunctional institutions in poor countries, (b) institutional impediments as strategic outcomes of distributive conflicts, (c) the collective action problems these conflicts exacerbate, and (d) in view of the critical need for coordination, a more complex and nuanced role of the state, which many (though not all) states fail to perform.

Suggested Citation

  • Pranab K. Bardhan, 2000. "Understanding Underdevelopment: Challenges for Institutional Economics from the Point of View of Poor Countries," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 156(1), pages 216-216, March.
  • Handle: RePEc:mhr:jinste:urn:sici:0932-4569(200003)156:1_216:uucfie_2.0.tx_2-q
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    Citations

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    Cited by:

    1. Gagliardi, Francesca, 2008. "Institutions and economic change: A critical survey of the new institutional approaches and empirical evidence," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(1), pages 416-443, February.
    2. Deininger, Klaus & Mpuga, Paul, 2004. "Does greater accountability improve the quality of delivery of public services? Evidence from Uganda," Policy Research Working Paper Series 3277, The World Bank.
    3. Duarte N. Leite & Sandra T. Silva & Oscar Afonso, 2014. "Institutions, Economics And The Development Quest," Journal of Economic Surveys, Wiley Blackwell, vol. 28(3), pages 491-515, July.
    4. Wanjala, Bernadette, 2016. "Can the big push approach end rural poverty in Africa? : Insights from Sauri millennium village in Kenya," Other publications TiSEM 5a686b22-6749-4e9e-8bf4-4, Tilburg University, School of Economics and Management.
    5. Zou, Liping & Tang, Tiantian & Li, Xiaoming, 2016. "The stock preferences of domestic versus foreign investors: Evidence from Qualified Foreign Institutional Investors (QFIIs) in China," Journal of Multinational Financial Management, Elsevier, vol. 37, pages 12-28.
    6. Deininger, Klaus & Mpuga, Paul, 2005. "Does Greater Accountability Improve the Quality of Public Service Delivery? Evidence from Uganda," World Development, Elsevier, vol. 33(1), pages 171-191, January.
    7. Tom De Herdt, 2003. "Cooperation and fairness: the flood-Dresher experiment revisited," Review of Social Economy, Taylor & Francis Journals, vol. 61(2), pages 183-210.
    8. Nugent, Jeffrey B. & Swaminathan, Shailender, 2005. "Voluntary Contributions to Informal Activities Producing Public Goods: Can these be Induced by Government and other Formal Sector Agents? Some Evidence from Indonesian Posyandus," WIDER Working Paper Series 019, World Institute for Development Economic Research (UNU-WIDER).
    9. Ravi Shankar & Leslie Chadwick & Shahzad Ghafoor & Farooq Khan, 2011. "Development of Corporate Social Responsibility (CSR) in India," Journal of Asian Scientific Research, Asian Economic and Social Society, vol. 1(3), pages 87-101, July.
    10. Michael Frenkel & Lukas Menkhoff, 2004. "Are Foreign Institutional Investors Good for Emerging Markets?," The World Economy, Wiley Blackwell, vol. 27(8), pages 1275-1293, August.
    11. Joan Oriol Prats, 2007. "Revisión crítica de los aportes del institucionalismo a la teoría y la práctica del desarrollo," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 9(16), pages 121-148, January-J.
    12. Bastiaensen, Johan & Herdt, Tom De & D'Exelle, Ben, 2005. "Poverty reduction as a local institutional process," World Development, Elsevier, vol. 33(6), pages 979-993, June.
    13. Selly Amal-Kerim & Hélène Rey-Valette & Francoise Seyte & Dorothé Boccanfuso, 2015. "A subjective view of governance indicators," Working Papers 15-10, LAMETA, Universtiy of Montpellier, revised Oct 2015.
    14. Raja, A.V & Rathinam, Francis, 2005. "Economic Efficiency of Public Interest Litigations (PIL): Lessons from India," MPRA Paper 3870, University Library of Munich, Germany.

    More about this item

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements

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