"The role of the evolutionary process and the role of institutions in shaping economic behavior."
Examines how political and social institutions influence economic development. Topics include property rights, corruption, political stability, and the rule of law.
Institutions and Economic Development: An Overview: This topic provides an overview of the relationship between institutions and economic development.
The Role of Institutions in Economic Growth: This topic explores how institutions can influence economic growth.
Institutional Analysis and Development: This topic provides an introduction to institutional analysis and development, a field that focuses on the study of institutions and their impact on economic development.
Political Economy of Institutions: This topic explores how political factors influence the development of institutions.
Property Rights and Institutions: This topic focuses on the role of property rights in economic development and how institutions can help to protect them.
Governance and Institutions: This topic explores the relationship between governance and economic development, and how institutions can shape governance.
Institutional Change and Development: This topic provides an introduction to institutional change and its relationship with economic development.
Corruption and Institutions: This topic explores the relationship between corruption and economic development and how institutions can help to prevent corruption.
Legal Systems and Institutions: This topic focuses on the role of legal systems in economic development and how institutions can help to create effective legal systems.
Culture and Institutions: This topic explores how cultural factors can influence the development of institutions.
Microfinance and Institutions: This topic focuses on the role of microfinance in economic development and how institutions can support microfinance.
Human Capital and Institutions: This topic explores how human capital can influence the development of institutions.
Environmental Sustainability and Institutions: This topic focuses on the role of institutions in promoting environmental sustainability.
Gender and Institutions: This topic explores how institutions can influence gender equality in economic development.
Regional Institutions and Development: This topic explores the role of regional institutions in economic development and how they can support economic growth.
International Financial Institutions (IFIs): These institutions lend money to developing countries and provide technical assistance for development projects, such as the World Bank and International Monetary Fund.
National Development Banks (NDBs): These institutions are government-owned, and exist to provide long-term financing for development projects in the country, such as the Brazilian Development Bank.
Microfinance Institutions: These institutions provide small loans and other financial services to poor individuals and households, typically in rural areas, to help them start small businesses or invest in education or healthcare.
Non-Governmental Organizations (NGOs): These institutions are usually non-profit organizations that provide various services or advocacy for specific causes, such as Oxfam International or Amnesty International.
Social Enterprises: These are businesses that aim to achieve a social or environmental goal alongside making a profit, such as TOMS Shoes.
Public-Private Partnerships (PPPs): These are agreements between governments and private companies to jointly undertake development projects, such as infrastructure development, that may not otherwise be feasible.
Multinational Corporations (MNCs): These are large businesses that operate in many different countries, and can play a role in development by creating jobs, transferring technology or investing in local infrastructure.
Universities and Research Groups: These institutions conduct research and provide training and education to individuals and organizations involved in development work.
Government Agencies: These institutions implement development policies and strategies at the national level, such as the United States Agency for International Development (USAID).
Development Networks: These are informal or formal networks of individuals and organizations that collaborate on development issues or projects, such as the United Nations Development Programme.
"Thorstein Veblen."
"Institutional economics emphasizes a broader study of institutions and views markets as a result of the complex interaction of these various institutions."
"Traditional institutionalism rejects the reduction of institutions to simply tastes, technology, and nature."
"If people live and work in institutions on a regular basis, it shapes their world views."
"The legal foundations of an economy and the evolutionary, habituated, and volitional processes by which institutions are erected and then changed."
"Learning, bounded rationality, and evolution."
"Thorstein Veblen, Wesley Mitchell, and John R. Commons."
"Some institutionalists see Karl Marx as belonging to the institutionalist tradition because he described capitalism as a historically bounded social system."
"A significant variant that integrates later developments of neoclassical economics into the analysis."
"The role of law (a formal institution) on economic growth."
"Based on what is known about psychology and cognitive science, rather than simple assumptions of economic behavior."
"Robert H. Frank, Warren Samuels, Marc Tool, Geoffrey Hodgson, Daniel Bromley, Jonathan Nitzan, Shimshon Bichler, Elinor Ostrom, Anne Mayhew, John Kenneth Galbraith, and Gunnar Myrdal."
"He was highly influenced by the institutionalist approach in his major studies."
"The evolutionary process and institutions."
"The legal foundations of an economy and the evolutionary, habituated, and volitional processes by which institutions are erected and then changed."
"They reject the reduction of institutions to simply tastes, technology, and nature."
"Learning, bounded rationality, and evolution."
"Thorstein Veblen, Wesley Mitchell, and John R. Commons."
"They see defining features such as markets, money, and the private ownership of production evolving over time as a result of the purposive actions of individuals."