THE NEW INSTITUTIONAL ECONOMICS AND DEVELOPMENT In this essay I intend to briefly summarize the essential characteristics of the new institutional economics, to describe how it differs from neo-classical theory, and then to apply its analytical framework (as I see it) to problems of development.
THE NEW INSTITUTIONAL ECONOMICS AND DEVELOPMENT
In this essay I intend to briefly summarize the essential characteristics of the new
institutional economics, to describe how it differs from neo-classical theory, and then to
apply its analytical framework (as I see it) to problems of development.