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The Nature of Institutional Impediments to Economic Development

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  • Bardhan, Pranab

Abstract

In this paper I shall focus, to a large extent, on (a) institutional impediments as outcomes of distributive conflicts and (b) the collective action problems they exacerbate and (c), in view of the critical need for coordination, on a more complex and nuanced role of the state, which many states fail to perform, but some succeed at. Recent Indian economic history will provide the context of the discussion.

Suggested Citation

  • Bardhan, Pranab, 1996. "The Nature of Institutional Impediments to Economic Development," Center for International and Development Economics Research, Working Paper Series qt8w12j7q1, Center for International and Development Economics Research, Institute for Business and Economic Research, UC Berkeley.
    • Handle: RePEc:cdl:ciders:qt8w12j7q1
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    Cited by:

    1. Dessí, Roberta & Piccolo, Salvatore, 2016. "Merchant guilds, taxation and social capital," European Economic Review, Elsevier, vol. 83(C), pages 90-110.
    2. Roberta Dessí & Sheilagh Olgivie, 2003. "Social Capital and Collusion: The Case of Merchant Guilds," CESifo Working Paper Series 1037, CESifo.
    3. Roberta Dessì & Salvatore Piccolo, 2008. "Two is Company, N is a Crowd? Merchant Guilds and Social Capital," CSEF Working Papers 202, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, revised 12 Jul 2009.
    4. S N Sangita & T K Jyothi, 2010. "Globalisation, Democratic Decentralisation and Social Security in India," Working Papers 243, Institute for Social and Economic Change, Bangalore.
    5. Jacinto Brito González, 2004. "Conocimiento, geografía e instituciones: Una aproximación a la problemática del crecimiento en el archipiélago canario," Documentos de trabajo conjunto ULL-ULPGC 2004-03, Facultad de Ciencias Económicas de la ULPGC.
    6. Dessi, Roberta & Ogilvie, Sheilagh, 2004. "The Political Economy of Merchant Guilds: Commitment or Collusion ?," IDEI Working Papers 278, Institut d'Économie Industrielle (IDEI), Toulouse.
    7. Ogilvie, Sheilagh & Carus, A.W., 2014. "Institutions and Economic Growth in Historical Perspective," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 2, chapter 8, pages 403-513, Elsevier.

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    More about this item

    Keywords

    International economics; institutional economics; development; India;
    All these keywords.

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements

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