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Introduction

In: Institutions and Development

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Abstract

A landmark contribution to our understanding of economic development. This significant book argues that fundamental changes in deeply rooted institutions do not happen because of outsiders’ money, advice, pressures, or even physical force; which explains why foreign aid has not, and can not, improve institutions. The impetus for changing institutions must come from within a society, and the author shows how groups of local scholars contribute to institutional change and development when the political opportunity presents itself.

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  • ., 2008. "Introduction," Chapters, in: Institutions and Development, chapter 1, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:12524_1
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    Keywords

    Development Studies; Economics and Finance;

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