Institution and development
- 최초 등록일
- 2020.10.02
- 최종 저작일
- 2019.03
- 8페이지/ MS 워드
- 가격 2,500원
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Humans are born to desire social interaction; this leads mankind to band together and eventually build factions, later recognized as countries. Why, then, are some countries wealthy while others endure poverty? The discipline of economics has attempted to explain this question by examining several different possibilities. The most likely possibility that has been closely linked with developmental differences is the idea that “institutions” govern how a country is molded. In an economic context, institutions set the rules: they regulate why, what, and where economic and political customs are practiced. The study of institutions revealed some important questions that need to be addressed: a few of these will be addressed in this literature review. They are as follows: Firstly, where do different institutions come from? Secondly, how do institutional differences affect international differences in economic development?
참고 자료
Douglass C. North. “Institutions” Journal of Economic Perspectives. VOL. 5, NO. 1, (1991) pp. 97-112
Robert E. Hall, Charles I. Jones. “Why Do Some Countries Produce So Mu;ch More Output Per Worker Than Others?” The Quarterly Journal of Economics, Vol. 114, No. 1 (Feb. 1999), pp. 83-116
Acemoglu, Daron, et al. “The Colonial Origins of Comparative Development: An Empirical Investigation.” The American Economic Review, vol. 91, no. 5, (2001), pp. 1369–1401.
Stanley L. Engerman & Kenneth Lee Sokoloff. "Factor Endowments, Inequality, and Paths of Development among New World Economies," (2002)
Nathan Nunn. "The Long-Term Effects of Africa's Slave Trades" The Quarterly Journal of Economics, MIT Press, vol. 123(1), (2008), pp 139-176, 02.
Nathan Nunn and Leonard Wantchekon. "The Slave Trade and the Origins of Mistrust in Africa." The American Economic Review 101, no. 7 (2011): 3221-252.