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Institutions and development: generalizations that endanger progress

Published online by Cambridge University Press:  08 February 2011

JEFFREY B. NUGENT
JEFFREY B. NUGENT*
Affiliation:
USC – Economics, Los Angeles, CA, USA
*
*Email: nugent@usc.edu
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Abstract:

This article draws on several of the major breakthroughs in the institutions and development field to demonstrate that criticisms of work in this field as a whole based on its allegedly universal and unquestioning support for liberalizing institutions and the simplistic rationale and deficient empirical methods that have been used to buttress that support are outdated, inappropriate and misleading.

Type
Research Article
Information
Journal of Institutional Economics , Volume 7 , Issue 4 , December 2011 , pp. 561 - 565
Copyright
Copyright © The JOIE Foundation 2011

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