The New Comparative Economics
In recent years, comparative economics experienced a revival, with a new focus on comparing capitalist economies. The theme of the new research is that institutions exert a profound influence on economic development. The authors argue that, to unde...
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Format: | Policy Research Working Paper |
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2014
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Online Access: | http://documents.worldbank.org/curated/en/2003/05/2386464/new-comparative-economics http://hdl.handle.net/10986/18185 |
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okr-10986-181852021-04-23T14:03:41Z The New Comparative Economics Djankov, Simeon Glaeser, Edward La Porta, Rafael Lopez-de-Silanes, Florencio Shleifer, Andrei COMPARATIVE ECONOMICS ECONOMIC DEVELOPMENT COSTS INSTITUTIONAL ECONOMICS SOCIALISM CAPITALISM RESOURCE PLANNING PRIVATE INSTITUTIONS PUBLIC INSTITUTIONS PROPERTY RIGHTS ECONOMIC GROWTH GOVERNMENT REGULATIONS CORRUPTION DICTATORSHIP DEMOCRACY ECONOMIC REFORM ANTI-COMPETITIVE PRACTICES BANK SUPERVISION BENCHMARK BENEFITS BRIBERY CAPITALIST SYSTEMS CASH CENTRAL GOVERNMENT CENTRAL PLANNING CENTRALIZATION CIVIL LAW CIVIL WAR COLONIZATION COMMON LAW COMMUNISM COMMUNIST COMMUNIST PARTY COMPARATIVE ECONOMICS COMPETITIVE MARKETS CONSTITUTION CONSTITUTIONALITY CONSUMERS CONTRACT ENFORCEMENT CORRUPTION CRIME DAMAGES DECISION-MAKING DECISION-MAKING AUTHORITY DEMOCRACY DICTATORS DICTATORSHIP DISCLOSURE ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC PROBLEMS ECONOMIC REFORM ECONOMIC REFORMS ECONOMIC SYSTEMS ECONOMICS ECONOMISTS EMPIRICAL RESEARCH EMPIRICAL STUDIES EQUILIBRIUM ETHNIC GROUPS FACTOR ENDOWMENTS FEDERALISM GOVERNMENT EXPROPRIATION GOVERNMENT INTERVENTION GOVERNMENT OWNERSHIP GOVERNMENT REGULATION HUMAN CAPITAL INCOME INDUSTRIALIZATION INEFFICIENCY INEQUALITY INSTITUTIONAL DEVELOPMENT INSTITUTIONAL QUALITY INSTITUTIONAL STRUCTURE JUDICIAL DECISIONS JUDICIARY LABOR MARKETS LAWS LEGAL ACTION LEGAL ORIGINS LEGAL SYSTEM LEGAL SYSTEMS LEGISLATION LEGISLATORS LOCAL INSTITUTIONS MANDATES MARKET DISCIPLINE MARKET ECONOMY MARKET POWER MINES MONOPOLIES PENALTIES PER CAPITA INCOME POLITICAL CONTROL POLITICAL ECONOMY POLITICAL LEADERS POLITICAL SYSTEM PREDATORY PRICING PRESIDENCY PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PROPERTY RIGHTS PUBLIC CONTROL PUBLIC ENTERPRISES PUBLIC GOODS PUBLIC INSTITUTIONS PUBLIC INVESTMENTS PUBLIC WELFARE REGULATORY AGENCY REGULATORY INSTITUTIONS REGULATORY SYSTEM RESOURCE ALLOCATION RULE OF LAW SECURE PROPERTY RIGHTS SECURITIES SOCIAL CAPITAL SOCIAL CONTROL SOCIAL COSTS SOCIAL POLICY SOCIALISM STATE CONTROL STATE INTERVENTION STATE OWNERSHIP STATE POWER SUBJECTIVE ASSESSMENTS SUBVERSION TAXATION TECHNOLOGICAL CHANGE TRANSITION ECONOMIES WEALTH ECONOMIC REFORM ANTI-COMPETITIVE PRACTICES In recent years, comparative economics experienced a revival, with a new focus on comparing capitalist economies. The theme of the new research is that institutions exert a profound influence on economic development. The authors argue that, to understand capitalist institutions, one needs to understand the basic tradeoff between the costs of disorder and those of dictatorship. They then apply this logic to study the structure of efficient institutions, the consequences of colonial transplantation, and the politics of institutional choice. 2014-05-05T21:51:26Z 2014-05-05T21:51:26Z 2003-05 http://documents.worldbank.org/curated/en/2003/05/2386464/new-comparative-economics http://hdl.handle.net/10986/18185 English en_US Policy Research Working Paper;No. 3054 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
COMPARATIVE ECONOMICS ECONOMIC DEVELOPMENT COSTS INSTITUTIONAL ECONOMICS SOCIALISM CAPITALISM RESOURCE PLANNING PRIVATE INSTITUTIONS PUBLIC INSTITUTIONS PROPERTY RIGHTS ECONOMIC GROWTH GOVERNMENT REGULATIONS CORRUPTION DICTATORSHIP DEMOCRACY ECONOMIC REFORM ANTI-COMPETITIVE PRACTICES BANK SUPERVISION BENCHMARK BENEFITS BRIBERY CAPITALIST SYSTEMS CASH CENTRAL GOVERNMENT CENTRAL PLANNING CENTRALIZATION CIVIL LAW CIVIL WAR COLONIZATION COMMON LAW COMMUNISM COMMUNIST COMMUNIST PARTY COMPARATIVE ECONOMICS COMPETITIVE MARKETS CONSTITUTION CONSTITUTIONALITY CONSUMERS CONTRACT ENFORCEMENT CORRUPTION CRIME DAMAGES DECISION-MAKING DECISION-MAKING AUTHORITY DEMOCRACY DICTATORS DICTATORSHIP DISCLOSURE ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC PROBLEMS ECONOMIC REFORM ECONOMIC REFORMS ECONOMIC SYSTEMS ECONOMICS ECONOMISTS EMPIRICAL RESEARCH EMPIRICAL STUDIES EQUILIBRIUM ETHNIC GROUPS FACTOR ENDOWMENTS FEDERALISM GOVERNMENT EXPROPRIATION GOVERNMENT INTERVENTION GOVERNMENT OWNERSHIP GOVERNMENT REGULATION HUMAN CAPITAL INCOME INDUSTRIALIZATION INEFFICIENCY INEQUALITY INSTITUTIONAL DEVELOPMENT INSTITUTIONAL QUALITY INSTITUTIONAL STRUCTURE JUDICIAL DECISIONS JUDICIARY LABOR MARKETS LAWS LEGAL ACTION LEGAL ORIGINS LEGAL SYSTEM LEGAL SYSTEMS LEGISLATION LEGISLATORS LOCAL INSTITUTIONS MANDATES MARKET DISCIPLINE MARKET ECONOMY MARKET POWER MINES MONOPOLIES PENALTIES PER CAPITA INCOME POLITICAL CONTROL POLITICAL ECONOMY POLITICAL LEADERS POLITICAL SYSTEM PREDATORY PRICING PRESIDENCY PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PROPERTY RIGHTS PUBLIC CONTROL PUBLIC ENTERPRISES PUBLIC GOODS PUBLIC INSTITUTIONS PUBLIC INVESTMENTS PUBLIC WELFARE REGULATORY AGENCY REGULATORY INSTITUTIONS REGULATORY SYSTEM RESOURCE ALLOCATION RULE OF LAW SECURE PROPERTY RIGHTS SECURITIES SOCIAL CAPITAL SOCIAL CONTROL SOCIAL COSTS SOCIAL POLICY SOCIALISM STATE CONTROL STATE INTERVENTION STATE OWNERSHIP STATE POWER SUBJECTIVE ASSESSMENTS SUBVERSION TAXATION TECHNOLOGICAL CHANGE TRANSITION ECONOMIES WEALTH ECONOMIC REFORM ANTI-COMPETITIVE PRACTICES |
spellingShingle |
COMPARATIVE ECONOMICS ECONOMIC DEVELOPMENT COSTS INSTITUTIONAL ECONOMICS SOCIALISM CAPITALISM RESOURCE PLANNING PRIVATE INSTITUTIONS PUBLIC INSTITUTIONS PROPERTY RIGHTS ECONOMIC GROWTH GOVERNMENT REGULATIONS CORRUPTION DICTATORSHIP DEMOCRACY ECONOMIC REFORM ANTI-COMPETITIVE PRACTICES BANK SUPERVISION BENCHMARK BENEFITS BRIBERY CAPITALIST SYSTEMS CASH CENTRAL GOVERNMENT CENTRAL PLANNING CENTRALIZATION CIVIL LAW CIVIL WAR COLONIZATION COMMON LAW COMMUNISM COMMUNIST COMMUNIST PARTY COMPARATIVE ECONOMICS COMPETITIVE MARKETS CONSTITUTION CONSTITUTIONALITY CONSUMERS CONTRACT ENFORCEMENT CORRUPTION CRIME DAMAGES DECISION-MAKING DECISION-MAKING AUTHORITY DEMOCRACY DICTATORS DICTATORSHIP DISCLOSURE ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC PROBLEMS ECONOMIC REFORM ECONOMIC REFORMS ECONOMIC SYSTEMS ECONOMICS ECONOMISTS EMPIRICAL RESEARCH EMPIRICAL STUDIES EQUILIBRIUM ETHNIC GROUPS FACTOR ENDOWMENTS FEDERALISM GOVERNMENT EXPROPRIATION GOVERNMENT INTERVENTION GOVERNMENT OWNERSHIP GOVERNMENT REGULATION HUMAN CAPITAL INCOME INDUSTRIALIZATION INEFFICIENCY INEQUALITY INSTITUTIONAL DEVELOPMENT INSTITUTIONAL QUALITY INSTITUTIONAL STRUCTURE JUDICIAL DECISIONS JUDICIARY LABOR MARKETS LAWS LEGAL ACTION LEGAL ORIGINS LEGAL SYSTEM LEGAL SYSTEMS LEGISLATION LEGISLATORS LOCAL INSTITUTIONS MANDATES MARKET DISCIPLINE MARKET ECONOMY MARKET POWER MINES MONOPOLIES PENALTIES PER CAPITA INCOME POLITICAL CONTROL POLITICAL ECONOMY POLITICAL LEADERS POLITICAL SYSTEM PREDATORY PRICING PRESIDENCY PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PROPERTY RIGHTS PUBLIC CONTROL PUBLIC ENTERPRISES PUBLIC GOODS PUBLIC INSTITUTIONS PUBLIC INVESTMENTS PUBLIC WELFARE REGULATORY AGENCY REGULATORY INSTITUTIONS REGULATORY SYSTEM RESOURCE ALLOCATION RULE OF LAW SECURE PROPERTY RIGHTS SECURITIES SOCIAL CAPITAL SOCIAL CONTROL SOCIAL COSTS SOCIAL POLICY SOCIALISM STATE CONTROL STATE INTERVENTION STATE OWNERSHIP STATE POWER SUBJECTIVE ASSESSMENTS SUBVERSION TAXATION TECHNOLOGICAL CHANGE TRANSITION ECONOMIES WEALTH ECONOMIC REFORM ANTI-COMPETITIVE PRACTICES Djankov, Simeon Glaeser, Edward La Porta, Rafael Lopez-de-Silanes, Florencio Shleifer, Andrei The New Comparative Economics |
relation |
Policy Research Working Paper;No. 3054 |
description |
In recent years, comparative economics
experienced a revival, with a new focus on comparing
capitalist economies. The theme of the new research is that
institutions exert a profound influence on economic
development. The authors argue that, to understand
capitalist institutions, one needs to understand the basic
tradeoff between the costs of disorder and those of
dictatorship. They then apply this logic to study the
structure of efficient institutions, the consequences of
colonial transplantation, and the politics of institutional choice. |
format |
Publications & Research :: Policy Research Working Paper |
author |
Djankov, Simeon Glaeser, Edward La Porta, Rafael Lopez-de-Silanes, Florencio Shleifer, Andrei |
author_facet |
Djankov, Simeon Glaeser, Edward La Porta, Rafael Lopez-de-Silanes, Florencio Shleifer, Andrei |
author_sort |
Djankov, Simeon |
title |
The New Comparative Economics |
title_short |
The New Comparative Economics |
title_full |
The New Comparative Economics |
title_fullStr |
The New Comparative Economics |
title_full_unstemmed |
The New Comparative Economics |
title_sort |
new comparative economics |
publisher |
World Bank, Washington, DC |
publishDate |
2014 |
url |
http://documents.worldbank.org/curated/en/2003/05/2386464/new-comparative-economics http://hdl.handle.net/10986/18185 |
_version_ |
1764439108760895488 |