Martin Paldam (Denmark Aarhus Universitet)

The Grand Pattern of Development and the Transition of Institutions

• Gebundenes Buch

Produktbeschreibung

Summarizes the relationship between economic development with regards to income on the one hand and the evolution of institutions on the other; the transition of countries from one economic and social system to another. Challenges traditional views on development to show the direction of causality is from income to institutions.

Produktdetails

• Verlag: Cambridge University Press
• Seitenzahl: 288
• Erscheinungstermin: 3. August 2021
• Englisch
• Abmessung: 235mm x 157mm x 20mm
• Gewicht: 518g
• ISBN-13: 9781316515501
• ISBN-10: 1316515508
• Artikelnr.: 61265555

Autorenporträt

Martin Paldam is Professor Emeritus in the Department of Economics and Management at Aarhus University.

Inhaltsangabe

Foreword
Part I. Main Ideas: 1. Introduction
2. Some technical points
3. The largest historical event: the end of Soviet socialism
Part II. The Transitions of Institutions: Part IIA. The Democratic Transition: 4. Literature, data, transition path and causality
5. The jumps model for the short run, 1960-2016
6. Events are practically random
7. Three pillars model for the long run, 1800-2016
Part IIB. The Transition of the Economic System: 8. Ownership preferences: the B-index
9. Economic freedom: the F-index
Part IIC. The Transitions in Traditions and Beliefs: 10. The transition of corruption
11. The religious transition
Part III. The Grand Transition: 12. The hump-shaped transition path for the growth rate
13. Do improvements of institutions harm development?
14. Conclusions.