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The new comparative economics

Simeon Djankov (), Edward Glaeser (), Rafael La Porta (), Florencio Lopez de Silanes and Andrei Shleifer
Authors registered in the RePEc Author Service: Florencio Lopez-de-Silanes ()

No 3054, Policy Research Working Paper Series from The World Bank

Abstract: In recent years, comparative economics experienced a revival, with a new focus on comparing capitalist economies. The theme of the new research is that institutions exert a profound influence on economic development. The authors argue that, to understand capitalist institutions, one needs to understand the basic tradeoff between the costs of disorder and those of dictatorship. They then apply this logic to study the structure of efficient institutions, the consequences of colonial transplantation, and the politics of institutional choice.

Keywords: Labor Policies; Decentralization; National Governance; Environmental Economics&Policies; Economic Theory&Research; National Governance; Environmental Economics&Policies; Economic Theory&Research; Governance Indicators; Banks&Banking Reform (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cdm, nep-dev, nep-hpe and nep-tra
Date: 2003-05-31
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Working Paper: The New Comparative Economics (2003) Downloads
Working Paper: The new comparative economics (2003) Downloads
Working Paper: The New Comparative Economics (2003) Downloads
Working Paper: The New Comparative Economics (2003) Downloads
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