Which institutions matter? Separating the chaff from the wheat

被引:3
|
作者
John, Arielle [1 ]
Storr, Virgil Henry [1 ]
机构
[1] George Mason Univ, Dept Econ, Fairfax, VA 22030 USA
关键词
FOREIGN-AID;
D O I
10.1017/S1744137411000051
中图分类号
F [经济];
学科分类号
02 ;
摘要
Ha-Joon Chang (2011), in his article 'Institutions and Economic Development: Theory, Policy and History', argues that economists place too much faith in 'liberalized' institutions. Institutions matter for growth, he contends, but not the way institutional economists think they do. In this article, we offer a defense of the hypothesis that 'institutions matter' for economic growth and present several objections to Chang's arguments.
引用
收藏
页码:583 / 588
页数:6
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