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The New Comparative Economics

Simeon Djankov

出版	World Bank Publications, 2003
URL	http://books.google.com.hk/books?id=Qj0v7jsf_8QC&hl=&source=gbs_api
EBook	SAMPLE

註釋

Abstract: In recent years, comparative economics experienced a revival, with a new focus on comparing capitalist economies. The theme of the new research is that institutions exert a profound influence on economic development. The authors argue that, to understand capitalist institutions, one needs to understand the basic tradeoff between the costs of disorder and those of dictatorship. They then apply this logic to study the structure of efficient institutions, the consequences of colonial transplantation, and the politics of institutional choice. This paper"a product of the Private Sector Advisory Department, Private Sector Development Vice Presidency"is part of a larger effort to understand institutional differences in the regulation of business.