IDEAS home Printed from https://ideas.repec.org/h/pal/intecp/978-1-137-03401-4_3.html
   My bibliography  Save this book chapter

Social Organizations, Risk-sharing Institutions, and Economic Development

In: Institutions and Comparative Economic Development

Author

Listed:
  • Avner Greif

    (Stanford University)

  • Murat Iyigun

    (University of Colorado)

  • Diego Sasson

    (Goldman Sachs)

Abstract

Economic, legal, and political institutions are important determinants of economic development (see, for example, North 1990). Economic institutions govern interactions among economic agents, legal institutions govern contractual relations and the private use of force, and political institutions govern the political decision-making process. Economic and political developments thus require institutions that support impersonal exchange and align the incentives of political decision-makers and the public.1

Suggested Citation

  • Avner Greif & Murat Iyigun & Diego Sasson, 2012. "Social Organizations, Risk-sharing Institutions, and Economic Development," International Economic Association Series, in: Masahiko Aoki & Timur Kuran & Gérard Roland (ed.), Institutions and Comparative Economic Development, chapter 2, pages 48-63, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-137-03401-4_3
    DOI: 10.1057/9781137034014_3
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Klaus Desmet & Avner Greif & Stephen L. Parente, 2020. "Spatial competition, innovation and institutions: the Industrial Revolution and the Great Divergence," Journal of Economic Growth, Springer, vol. 25(1), pages 1-35, March.
    2. Iyigun, Murat, 2012. "Are We There Yet? Time for Checks and Balances on New Institutionalism," IZA Discussion Papers 6934, Institute of Labor Economics (IZA).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:intecp:978-1-137-03401-4_3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.