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PDF
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Type:
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Working Paper |
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Author:
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North, Douglass C. |
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Date:
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1994 |
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Agency:
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Series:
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Economic History, no. 9411001 |
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URI:
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https://hdl.handle.net/10535/3760
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Sector:
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Theory |
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Region:
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Subject(s):
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institutions
competition
economic development
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Abstract:
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"My assignment for this conference is to explore the relevance of 'institutional competition' as a deliberate strategy in improving the competitiveness of economies. The historical record gives us a very mixed response with respect to the success of economies in deliberately altering the institutional framework and thereby improving performance. In what follows I shall first describe the nature of institutional change (I); briefly explore the historical record (II); then derive some lessons from that history that may have present day relevance (III)."
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