Taking stock of Institutionalism

This year’s Nobel Symposium has been on the topic of Growth and Development. Several of the presentations (available here) deal with the impact of institutions on economic growth and development. The contributions by Daron Acemoglu and Andrei Shleifer in particular do a great job in taking stock of what we know about the role institutions play in society and the economy. And the discussion is useful in understanding the methodological challenges in demonstrating the importance of institutions as well. Highly recommended.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s