EconPapers    
Economics at your fingertips  
 

The Ideological Roots of Institutional Change

Murat Iyigun () and Jared Rubin ()

No 10703, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: Why do some societies fail to adopt more efficient institutions in response to changing economic conditions? And why do such conditions sometimes generate ideological backlashes and at other times lead to transformative sociopolitical movements? We propose an explanation that highlights the interplay – or lack thereof – between new technologies, ideologies, and institutions. When new technologies emerge, uncertainty results from a lack of understanding how the technology will fit with prevailing ideologies and institutions. This uncertainty discourages investment in institutions and the cultural capital necessary to take advantage of new technologies. Accordingly, increased uncertainty during times of rapid technological change may generate an ideological backlash that puts a higher premium on traditional values. We apply the theory to numerous historical episodes, including Ottoman reform initiatives, the Japanese Tokugawa reforms and Meiji Restoration, and the Tongzhi Restoration in Qing China.

Keywords: ideology; institutions; conservatism; beliefs; uncertainty; institutional change; technological change (search for similar items in EconPapers)
JEL-codes: D02 N40 N70 O33 O38 O43 Z10 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-evo, nep-his and nep-pke
Date: 2017-04
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6) Track citations by RSS feed

Downloads: (external link)
http://ftp.iza.org/dp10703.pdf (application/pdf)

Related works:
Working Paper: The Ideological Roots of Institutional Change (2017) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iza:izadps:dp10703

Ordering information: This working paper can be ordered from
IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany

Access Statistics for this paper

More papers in IZA Discussion Papers from Institute of Labor Economics (IZA) IZA, P.O. Box 7240, D-53072 Bonn, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Holger Hinte ().

 
Page updated 2019-07-20
Handle: RePEc:iza:izadps:dp10703