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Extending the 'Institutional' Turn: Property, Politics and Development Trajectories

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  • Peter Evans

Abstract

As institutional approaches have come to dominate the mainstream of development economics, they have outgrown earlier and simpler analyses of 'property rights'. This paper focuses on the work of Acemoglu, Johnson, and Robinson, which suggests that the distribution of property rights to a 'broad cross-section of the population' is the key to growth and that property rights protection that privileges elites undermines development.

Suggested Citation

  • Peter Evans, 2006. "Extending the 'Institutional' Turn: Property, Politics and Development Trajectories," WIDER Working Paper Series RP2006-113, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:rp2006-113
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    File URL: https://www.wider.unu.edu/sites/default/files/rp2006-113.pdf
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    References listed on IDEAS

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    3. Daron Acemoglu & Simon Johnson & James A. Robinson, 2002. "Reversal of Fortune: Geography and Institutions in the Making of the Modern World Income Distribution," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 117(4), pages 1231-1294.
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    7. Easterly, William & Levine, Ross, 2003. "Tropics, germs, and crops: how endowments influence economic development," Journal of Monetary Economics, Elsevier, vol. 50(1), pages 3-39, January.
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    9. Tim Allen & Suzette Heald, 2004. "HIV|AIDS policy in Africa: what has worked in Uganda and what has failed in Botswana?," Journal of International Development, John Wiley & Sons, Ltd., vol. 16(8), pages 1141-1154.
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    11. Jeffrey D. Sachs, 2001. "Tropical Underdevelopment," NBER Working Papers 8119, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Erik S. Reinert, 2006. "Institutionalism Ancient, Old and New: A Historical Perspective on Institutions and Uneven Development," WIDER Working Paper Series RP2006-77, World Institute for Development Economic Research (UNU-WIDER).
    2. Aldo Caliari, 2012. "Why do Shared Societies make economic sense? Three theoretical approximations," Working Papers 2012/28, Maastricht School of Management.
    3. Andrews, Abigail L., 2016. "Legacies of Inequity: How Hometown Political Participation and Land Distribution Shape Migrants’ Paths into Wage Labor," World Development, Elsevier, vol. 87(C), pages 318-332.

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