Institutions, Institutional Change and Economic Performance

Institutions, Institutional Change and Economic Performance
Author: Douglass C. North
Publisher: Cambridge University Press
Total Pages: 164
Release: 1990-10-26
Genre: Political Science
ISBN: 9780521397346

An analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies is developed in this analysis of economic structures.

Institutions, Institutional Change, and Economic Performance

Institutions, Institutional Change, and Economic Performance
Author: Douglass Cecil North
Publisher:
Total Pages: 152
Release: 1990
Genre: Economic development
ISBN: 9781139640909

"Continuing his groundbreaking analysis of economic structures, Douglass North develops an analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies, both at a given time and over time. Institutions exist, he argues, due to the uncertainties involved in human interaction; they are the constraints devised to structure that interaction. Yet, institutions vary widely in their consequences for economic performance; some economies develop institutions that produce growth and development, while others develop institutions that produce stagnation. North first explores the nature of institutions and explains the role of transaction and production costs in their development. The second part of the book deals with institutional change. Institutions create the incentive structure in an economy, and organisations will be created to take advantage of the opportunities provided within a given institutional framework. North argues that the kinds of skills and knowledge fostered by the structure of an economy will shape the direction of change and gradually alter the institutional framework. He then explains how institutional development may lead to a path-dependent pattern of development. In the final part of the book, North explains the implications of this analysis for economic theory and economic history. He indicates how institutional analysis must be incorporated into neo-classical theory and explores the potential for the construction of a dynamic theory of long-term economic change"--Provided by publisher.

Varieties of Capitalism

Varieties of Capitalism
Author: Peter A. Hall
Publisher: Oxford University Press
Total Pages: 557
Release: 2001
Genre: Business & Economics
ISBN: 0199247749

Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.

Institutional Change and Healthcare Organizations

Institutional Change and Healthcare Organizations
Author: W. Richard Scott
Publisher: University of Chicago Press
Total Pages: 454
Release: 2000-05
Genre: Medical
ISBN: 0226743101

The changes in the US healthcare system since World War II are documented here, from new technologies, service-delivery arrangements, to financing mechanisms and underlying sets of organizing principles. The authors illustrate the work with five types of healthcare organizations.

The New Institutionalism in Organizational Analysis

The New Institutionalism in Organizational Analysis
Author: Walter W. Powell
Publisher: University of Chicago Press
Total Pages: 488
Release: 2012-09-21
Genre: Social Science
ISBN: 022618594X

Long a fruitful area of scrutiny for students of organizations, the study of institutions is undergoing a renaissance in contemporary social science. This volume offers, for the first time, both often-cited foundation works and the latest writings of scholars associated with the "institutional" approach to organization analysis. In their introduction, the editors discuss points of convergence and disagreement with institutionally oriented research in economics and political science, and locate the "institutional" approach in relation to major developments in contemporary sociological theory. Several chapters consolidate the theoretical advances of the past decade, identify and clarify the paradigm's key ambiguities, and push the theoretical agenda in novel ways by developing sophisticated arguments about the linkage between institutional patterns and forms of social structure. The empirical studies that follow—involving such diverse topics as mental health clinics, art museums, large corporations, civil-service systems, and national polities—illustrate the explanatory power of institutional theory in the analysis of organizational change. Required reading for anyone interested in the sociology of organizations, the volume should appeal to scholars concerned with culture, political institutions, and social change.

Institutional Change and American Economic Growth

Institutional Change and American Economic Growth
Author: L. E. Davis
Publisher: CUP Archive
Total Pages: 304
Release: 1971-09-24
Genre: Business & Economics
ISBN: 9780521081115

This book presents a model for examining problems of institutional change and applies it to American economic development in the nineteenth and twentieth centuries. The authors develop their model of institutional change. They argue that if external economic factors make an increase in income possible but not attainable within the existing institutional structure, new organizations must be developed to achieve the potential in income. Their model is designed to explain the type and timing of these necessary changes in institutional organization. Individual, voluntary cooperative, and governmental arrangements are included in the discussion, although the latter differs considerably from the first two.

Reimagining Growth

Reimagining Growth
Author: Silvana De Paula
Publisher: Zed Books
Total Pages: 324
Release: 2005-05
Genre: Business & Economics
ISBN: 9781842775851

In this volume a group of eminent economists and other social scientists seek to present an innovative new approach to economic development, drawing in part from certain heterodox intellectual traditions within economics as well as from the other social sciences. The intention is to point the way theoretically to a much more sophisticated understanding of economic development. The ultimate prize, they show, by grounding theory in a more accurate analysis of social change, is policies that really will deliver higher economic growth and greater social justice worldwide.

Empirical Studies in Institutional Change

Empirical Studies in Institutional Change
Author: Lee J. Alston
Publisher: Cambridge University Press
Total Pages: 380
Release: 1996-07-28
Genre: Business & Economics
ISBN: 9780521557436

Empirical Studies in Institutional Change is a collection of nine empirical studies by fourteen scholars. Dealing with issues ranging from the evolution of secure markets in seventeenth-century England to the origins of property rights in airport slots in modern America, the contributors analyse institutions and institutional change in various parts of the world and at various periods of time. The volume is a contribution to the new economics of institutions, which emphasises the role of transaction costs and property rights in shaping incentives and results in the economic arena. To make the papers accessible to a wide audience, including students of economics and other social sciences, the editors have written an introduction to each study and added three theoretical essays to the volume, including Douglass North's Nobel Prize address, which reflect their collective views as to the present status of institutional analysis and where it is headed.

How Institutions Evolve

How Institutions Evolve
Author: Kathleen Thelen
Publisher: Cambridge University Press
Total Pages: 356
Release: 2004-09-06
Genre: Business & Economics
ISBN: 9780521546744

The institutional arrangements governing skill formation are widely seen as a key element in the institutional constellations defining 'varieties of capitalism' across the developed democracies. This book explores the origins and evolution of such institutions in four countries - Germany, Britain, the United States and Japan. It traces cross-national differences in contemporary training regimes back to the nineteenth century, and specifically to the character of the political settlement achieved among employers in skill-intensive industries, artisans, and early trade unions. The book also tracks evolution and change in training institutions over a century of development, uncovering important continuities through putative 'break points' in history. Crucially, it also provides insights into modes of institutional change that are incremental but cumulatively transformative. The study underscores the limits of the most prominent approaches to institutional change, and identifies the political processes through which the form and functions of institutions can be radically reconfigured over time.