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Institutions and development: generalizations that endanger progress

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  • NUGENT, JEFFREY B.

Abstract

This article draws on several of the major breakthroughs in the institutions and development field to demonstrate that criticisms of work in this field as a whole based on its allegedly universal and unquestioning support for liberalizing institutions and the simplistic rationale and deficient empirical methods that have been used to buttress that support are outdated, inappropriate and misleading.

Suggested Citation

  • Nugent, Jeffrey B., 2011. "Institutions and development: generalizations that endanger progress," Journal of Institutional Economics, Cambridge University Press, vol. 7(4), pages 561-565, December.
    • Handle: RePEc:cup:jinsec:v:7:y:2011:i:04:p:561-565_00
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    References listed on IDEAS

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    1. Nugent, Jeffrey B. & Robinson, James A., 2010. "Are factor endowments fate?," Revista de Historia Económica / Journal of Iberian and Latin American Economic History, Cambridge University Press, vol. 28(1), pages 45-82, March.
    2. Oded Galor & Omer Moav & Dietrich Vollrath, 2009. "Inequality in Landownership, the Emergence of Human-Capital Promoting Institutions, and the Great Divergence," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 76(1), pages 143-179.
    3. Nugent, Jeffrey B & Sanchez, Nicolas, 1993. "Tribes, Chiefs, and Transhumance: A Comparative Institutional Analysis," Economic Development and Cultural Change, University of Chicago Press, vol. 42(1), pages 87-113, October.
    4. Brent B Allred & Walter G Park, 2007. "Patent rights and innovative activity: evidence from national and firm-level data," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 38(6), pages 878-900, November.
    5. Nabli, Mustapha K. & Nugent, Jeffrey B., 1989. "The New Institutional Economics and its applicability to development," World Development, Elsevier, vol. 17(9), pages 1333-1347, September.
    6. Yifu Lin, Justin & Nugent, Jeffrey B., 1995. "Institutions and economic development," Handbook of Development Economics, in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 3, chapter 38, pages 2301-2370, Elsevier.
    7. Erica Field, 2007. "Entitled to Work: Urban Property Rights and Labor Supply in Peru," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 122(4), pages 1561-1602.
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    Cited by:

    1. Nadia von Jacobi, 2018. "Institutions as Meso-factors of Development: A Human Development Perspective," Journal of Contextual Economics (JCE) – Schmollers Jahrbuch, Duncker & Humblot, Berlin, vol. 138(1), pages 53-88.

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