Law, informal rules and economic performance

"Svetozar Pejovich makes the case within this book that a major reason for the success of capitalism lies in the efficiency-friendly incentives of its basic institutions, which continuously adjust the rules of the game to the requirements of economic progress. The analysis throughout is consistent and is supported by evidence. Key components of the proposed theory are the rule of law, the market for institutions, the interaction thesis, the carriers of change, and the process of changing formal and informal institutions." "This book will be of great interest to academics and students of law and economics, new institutional economics, comparative systems and public choice throughout the world and especially in East Asia and South America where institutional issues are being debated."--Jacket.

שנה

2008

שפה

English

הוצאה

Edward Elgar

מהדורות

4

עמודים

178

ISBN

9781845428730

מקור הנתונים: Wikidata