The knowledge and policy limits of new institutional economics on development

Brian Z. Tamanaha

doi:10.1080/00213624.2015.1013881

The knowledge and policy limits of new institutional economics on development

Brian Z. Tamanaha

Research output: Contribution to journal › Article › peer-review

28 Scopus citations

Abstract

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.

Original language	English
Pages (from-to)	89-109
Number of pages	21
Journal	Journal of Economic Issues
Volume	49
Issue number	1
DOIs	https://doi.org/10.1080/00213624.2015.1013881
State	Published - Mar 1 2015

Keywords

Development
New institutional economics

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10.1080/00213624.2015.1013881

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title = "The knowledge and policy limits of new institutional economics on development",

abstract = "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.",

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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.

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The knowledge and policy limits of new institutional economics on development

Abstract

Keywords

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