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...

Full description

Bibliographic Details
Main Authors: Djankov, Simeon, Glaeser, Edward, La Porta, Rafael, Lopez-de-Silanes, Florencio, Shleifer, Andrei
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2003/05/2386464/new-comparative-economics
http://hdl.handle.net/10986/18185
id okr-10986-18185
recordtype oai_dc
spelling 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