You are looking at 1 - 10 of 132 items for :
- Institutional Economics x
- Refine by Level: Titles x
- Refine by Access: All content x
Offering a fresh analysis of late imperial China, this cutting-edge book revisits the roles played by merchant networks, economic institutions, and business practices in the divergence between Europe and China during the trade revolution.
This essential research review carefully analyses some of the most influential papers focusing on the relationship between economic and political institutions and economic development. Economic institutions shape economic incentives, such the incentives to become educated, to save and invest, to innovate and to adopt new technologies. Although economic institutions are critical for determining whether a country is poor or prosperous, it is politics and political institutions that determine which economic institutions are present in a country. This review explores these critical relationships and the causes of economic growth, whilst bringing forth the legal, colonial and financial factors, which contribute to economic discrepancies across countries. The text will be a valuable tool for economic researchers and scholars interested in this important subject.