This book presents a model for examining problems of institutional change and applies it to American economic development in the nineteenth and twentieth centur

An analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies is developed in this analysis

‘Institutional Change and Economic Development’ discusses not just theoretical issues but a diverse range of real-life institutions – political, bureaucra

Continuing his groundbreaking analysis of economic structures, Douglass North develops an analytical framework for explaining the ways in which institutions and

"The essential role institutions play in understanding economic development has long been recognised and has been closely studied across the social sciences but