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Institutional Competition

  • Douglass C. North

    (Washington University)

My assignment for this conference is to explore the relevance of "institutional competition" as a deliberate strategy in improving the competitiveness of economies. The historical record gives us a very mixed response with respect to the success of economies in deliberately altering the institutional framework and thereby improving performance. In what follows I shall first describe the nature of institutional change (I); briefly explore the historical record (II); then derive some lessons from that history that may have present day relevance (III).

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Paper provided by EconWPA in its series Economic History with number 9411001.

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Length: 13 pages
Date of creation: 22 Nov 1994
Date of revision:
Handle: RePEc:wpa:wuwpeh:9411001
Note: about 13 pages ascii text, PostScript file also available
Contact details of provider: Web page: http://128.118.178.162

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