TY - JOUR
T1 - The knowledge and policy limits of new institutional economics on development
AU - Tamanaha, Brian Z.
N1 - Publisher Copyright:
© 2015, Journal of Economic Issues/Association for Evolutionary Economics.
PY - 2015/3/1
Y1 - 2015/3/1
N2 - I critically examine the effort of new institutional economics (NIE) scholars to define, map, and measure the realm of formal and informal institutions, and to offer specific policy prescriptions. I also articulate why these efforts face insurmountable barriers, and demonstrate the limits of the NIE policy agenda by showing that scholars are repeating lessons learned in law and development over four decades ago.
AB - I critically examine the effort of new institutional economics (NIE) scholars to define, map, and measure the realm of formal and informal institutions, and to offer specific policy prescriptions. I also articulate why these efforts face insurmountable barriers, and demonstrate the limits of the NIE policy agenda by showing that scholars are repeating lessons learned in law and development over four decades ago.
KW - Development
KW - New institutional economics
UR - https://www.scopus.com/pages/publications/84941345772
U2 - 10.1080/00213624.2015.1013881
DO - 10.1080/00213624.2015.1013881
M3 - Article
AN - SCOPUS:84941345772
SN - 0021-3624
VL - 49
SP - 89
EP - 109
JO - Journal of Economic Issues
JF - Journal of Economic Issues
IS - 1
ER -