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The New Institutional Economics, Business Associations, and Development

Author

Listed:
  • Ben Ross Schneider
  • Richard F. Doner

Abstract

With the demise of development economics in the 1970s, the academic disciplineof economics had little specific theorizing on development to offer practioners and profferedinstead universal, liberal nostrums of free trade and free markets (Wing, 1990). These universalprescriptions evolved into the first catalogued Washington consensus in the 1980s onthe urgency of market-oriented reforms in developing countries (Williamson, 1990). In the1990s, a new connection formed between an emerging institutionalist subfield in economicsand the next consensus in Washington after the first generation of market-oriented reforms.The opening of the third annual meetings of the International Society for New InstitutionalEconomics (ISNIE) at World Bank headquarters in Washington, D.C. in September 1999symbolized this new connection. JEL Classification: B25; O10.

Suggested Citation

  • Ben Ross Schneider & Richard F. Doner, 2000. "The New Institutional Economics, Business Associations, and Development," Brazilian Journal of Political Economy, Center of Political Economy, vol. 20(3), pages 229-252.
    • Handle: RePEc:ekm:repojs:v:20:y:2000:i:3:p:229-252:id:1004
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    Citations

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    Cited by:

    1. Coe, Cari An, 2006. "Farmer Participation in Market Authorities of Coffee Exporting Countries," World Development, Elsevier, vol. 34(12), pages 2089-2115, December.
    2. L Gadzikwa & Mc Lyne & Sl Hendriks, 2006. "Collective Action In Smallholder Organic Farming: A Study Of The Ezemvelo Farmers' Organization In Kwazulu‐Natal," South African Journal of Economics, Economic Society of South Africa, vol. 74(2), pages 344-358, June.
    3. Renato Câmara Nunes Dias & Carlos César Santejo Saiani & Carlos Eduardo Carvalho & Ana Lúcia Pinto da Silva, 2016. "Analysis of the distribution of World Bank disbursements in Latin America between 1985 and 2010 [Analysis of the distribution of World Bank disbursements in Latin America between 1985 and 2010]," Nova Economia, Economics Department, Universidade Federal de Minas Gerais (Brazil), vol. 26(2), pages 393-427, May-Augus.
    4. Bryan K. Ritchie, 2010. "Systemic Vulnerability and Sustainable Economic Growth," Books, Edward Elgar Publishing, number 13731.

    More about this item

    Keywords

    Economic development; new institutional economics; history of economic thought;
    All these keywords.

    JEL classification:

    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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