The Institutional Foundation of Economic Development / / Shiping Tang.

A systemic account of how institutions shape economic developmentInstitutions matter for economic development. Yet, despite this accepted wisdom, new institutional economics (NIE) has yet to provide a comprehensive look at what constitutes the institutional foundation of economic development (IFED)....

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Superior document:Title is part of eBook package: De Gruyter EBOOK PACKAGE Business and Economics 2022 English
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Place / Publishing House:Princeton, NJ : : Princeton University Press, , [2022]
©2022
Year of Publication:2022
Language:English
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Physical Description:1 online resource (328 p.) :; 12 b/w illus. 25 tables.
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245 1 4 |a The Institutional Foundation of Economic Development /  |c Shiping Tang. 
264 1 |a Princeton, NJ :   |b Princeton University Press,   |c [2022] 
264 4 |c ©2022 
300 |a 1 online resource (328 p.) :  |b 12 b/w illus. 25 tables. 
336 |a text  |b txt  |2 rdacontent 
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505 0 0 |t Frontmatter --   |t CONTENTS --   |t List of Illustrations --   |t Abbreviations --   |t Preface --   |t Introduction: Institutions Matter? --   |t 1 Laying the Groundwork: What Do We Know about IFED? --   |t 2 A Systematic Statement of IFED --   |t Excursion: Three Inequalities --   |t 3 The Positional Market and Development: Social Mobility as an Incentive --   |t 4 Redistribution and Development: Good Redistribution as Empowerment --   |t 5 Hierarchy, Liberty, and Innovation: A New Institutional Theory and Qualitative Evidence --   |t 6 Democracy’s Unique Advantage in Promoting Development: Quantitative Evidence --   |t 7 Development as a Social Evolutionary Process --   |t 8 The New Development Triangle: State Capacity, Institutional Foundation, and Socioeconomic Policy --   |t Conclusion: Laying the Foundation for Development --   |t Appendixes --   |t Notes --   |t Bibliography --   |t Index --   |t A NOTE ON THE TYPE 
506 0 |a restricted access  |u http://purl.org/coar/access_right/c_16ec  |f online access with authorization  |2 star 
520 |a A systemic account of how institutions shape economic developmentInstitutions matter for economic development. Yet, despite this accepted wisdom, new institutional economics (NIE) has yet to provide a comprehensive look at what constitutes the institutional foundation of economic development (IFED). Bringing together findings from a range a fields, from development economics and development studies to political science and sociology, The Institutional Foundation of Economic Development explores the precise mechanisms through which institutions affect growth.Shiping Tang contends institutions shape economic development through four “Big Things”: possibility, incentive, capability, and opportunity. From this perspective, IFED has six major dimensions: political hierarchy, property rights, social mobility, redistribution, innovation protection, and equal opportunity. Tang further argues that IFED is only one pillar within the New Development Triangle (NDT): sustained economic development also requires strong state capacity and sound socioeconomic policies.Arguing for an evolutionary approach tied to a country’s stage of development, The Institutional Foundation of Economic Development advances an understanding of institutions and economic development through a holistic, interdisciplinary lens. 
538 |a Mode of access: Internet via World Wide Web. 
546 |a In English. 
588 0 |a Description based on online resource; title from PDF title page (publisher's Web site, viewed 29. Mai 2023) 
650 7 |a BUSINESS & ECONOMICS / Development / Economic Development.  |2 bisacsh 
653 |a Aggregate demand. 
653 |a Autocracy. 
653 |a Basic education. 
653 |a Bond Yield. 
653 |a Bureau of Economic Analysis. 
653 |a Capital accumulation. 
653 |a Capital control. 
653 |a Capital market. 
653 |a Classical economics. 
653 |a Consumer behaviour. 
653 |a Consumer spending. 
653 |a Consumer. 
653 |a Consumption (economics). 
653 |a Convergence (economics). 
653 |a Cost Of Funds. 
653 |a Credit default swap. 
653 |a Credit risk. 
653 |a Currency. 
653 |a Current account. 
653 |a Democracy and economic growth. 
653 |a Derivative (finance). 
653 |a Developed country. 
653 |a Development economics. 
653 |a Economic development. 
653 |a Economic equilibrium. 
653 |a Economic growth. 
653 |a Economic history. 
653 |a Economic indicator. 
653 |a Economic interventionism. 
653 |a Economic liberalization. 
653 |a Economic nationalism. 
653 |a Economic planning. 
653 |a Economic policy. 
653 |a Economic power. 
653 |a Economic recovery. 
653 |a Economic sociology. 
653 |a Economic surplus. 
653 |a Economics. 
653 |a Economy. 
653 |a Effectiveness. 
653 |a Endogeneity (econometrics). 
653 |a Entrepreneurship. 
653 |a Evolutionary economics. 
653 |a Exchange rate. 
653 |a Factor endowment. 
653 |a Financial inclusion. 
653 |a Financial transaction. 
653 |a Fiscal capacity. 
653 |a GDP deflator. 
653 |a Globalization. 
653 |a Historical institutionalism. 
653 |a Household. 
653 |a Human capital. 
653 |a Incentive. 
653 |a Inclusive growth. 
653 |a Income tax. 
653 |a Income. 
653 |a Innovation. 
653 |a Institution. 
653 |a Institutional economics. 
653 |a Institutional theory. 
653 |a Interest rate parity. 
653 |a Interest rate. 
653 |a International development. 
653 |a International trade. 
653 |a Investment fund. 
653 |a Investment. 
653 |a Investor. 
653 |a Journal of Political Economy. 
653 |a Knowledge economy. 
653 |a Labour economics. 
653 |a Market economy. 
653 |a Market integration. 
653 |a Market liquidity. 
653 |a Market power. 
653 |a Marketplace of ideas. 
653 |a Meritocracy. 
653 |a Neoclassical economics. 
653 |a Neoliberalism. 
653 |a Net Investment Income. 
653 |a New institutional economics. 
653 |a Output (economics). 
653 |a Probability theory. 
653 |a Production–possibility frontier. 
653 |a Public policy. 
653 |a Rate of return. 
653 |a Saving. 
653 |a Social capital. 
653 |a Social evolution. 
653 |a Social mobility. 
653 |a Social science. 
653 |a Socioeconomic development. 
653 |a State (polity). 
653 |a Supply (economics). 
653 |a Theoretical Value. 
653 |a Welfare economics. 
653 |a World Bank Group. 
653 |a World Bank. 
653 |a World Trade Organization. 
653 |a World Values Survey. 
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