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This book, a third edition, has been significantly expanded and updated. It revisits the process of institutional change: its characteristics, determinants and implications for economic performance. New chapters address the significance of Post-Communist transition, the differences and importance of initial conditions in institutional building, and, social norms, values, and happiness. Other chapters have been expanded to include, for example, a focus on the Washington consensus, commentary on the 2008 financial crisis, state capacity and corruption, and new findings on redistribution and inequality.
Published by: Palgrave Macmillan
Publication Date: 2017-11-08
Format: Hardcover
ISBN-13: 9783319579573
DOI: 10.1007/978-0-230-29128-7
Dimensions: 210cm x148cm
Pages: 319