Abstract:
My assignment for this conference is to explore the relevance of "institutional competition" as a deliberate strategy in improving the competitiveness of economies. The historical record gives us a very mixed response with respect to the success of economies in deliberately altering the institutional framework and thereby improving performance. In what follows I shall first describe the nature of institutional change (I); briefly explore the historical record (II); then derive some lessons from that history that may have present day relevance (III).
JEL-codes:N (search for similar items in EconPapers) Date: 1994-11-22 Note: about 13 pages ascii text, PostScript file also available View citations in EconPapers