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Formal and Informal Institutions and Development

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  • Casson, Mark C.
  • Della Giusta, Marina
  • Kambhampati, Uma S.

Abstract

Summary Our paper presents a critical review of the literature on institutional change and the role of institutions in economic development. We discuss the roles and interrelationships of formal and informal institutions and introduce a collection of papers addressing this topic in a variety of development settings.

Suggested Citation

  • Casson, Mark C. & Della Giusta, Marina & Kambhampati, Uma S., 2010. "Formal and Informal Institutions and Development," World Development, Elsevier, vol. 38(2), pages 137-141, February.
    • Handle: RePEc:eee:wdevel:v:38:y:2010:i:2:p:137-141
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