Articles on Institutional economics

What is expropriation in Acemoglu’s work?

Published by Vivek December 11th, 2008 in Institutional economics. 0 Comments

Acemoglu and team have authored a set of influential papers arguing that colonial experience has had a lasting influence on the growth rates of countries well after colonisation through the lasting impact they have had on institutions. Apart from very neat econometric estimations testing of their hypothesis and evaluating them against a variety of [...]

Review of Easterly’s Elusive quest for growth

Published by Vivek December 11th, 2008 in Books, articles & talks and Institutional economics. 0 Comments

Book: The Elusive Quest for Growth: Economists’ Adventures and Misadventures in the Tropics
Author: William Easterly
Magnanimity of IMF and World Bank leads to policies unfavourable to poor people – The Fund and the Bank did not go far enough, argues Easterly
The Elusive Quest for Growth by William Easterly reviews various theories of growth and the consequent [...]

Easterly’s critique of cash for condoms: a case of poverty of economic approach

Published by Vivek December 11th, 2008 in Books, articles & talks and Institutional economics. 0 Comments

In his famous book Elusive quest for growth William Easterly criticizes World Bank’s attempts to control population. But his ‘economic approach’ and failure to get contextual information makes his analysis poor and prescriptions dangerous. For an overall review of the book, click here
Critique of ‘unwanted babies thesis’
The key theme of The elusive quest for growth [...]

Collected works on Anthropology and institutional economics

Published by Vivek December 11th, 2008 in Books, articles & talks and Institutional economics. 0 Comments

Book: Anthropology and institutional economics
Editor: James M. Acheson
This volume is one of the rare collection of papers I found looking at Anthropology and institutional economics. Surprisingly, though the two have a large scope for collaboration, there is very little work happening between these two disciplines, to my knowledge. This volume provides a useful [...]

Institutions for an unequal world: Talk by Ha Joon Chang

Published by Vivek December 3rd, 2008 in Books, articles & talks and Institutional economics. 0 Comments

In this very entertaining talk, Ha Joon Chang argues against mainstream trade theories. He argues that most of the success stories, including the USA followed practices that are rejected by the current trade theories and that those who followed the policies have actually not done well. Ha Joon Chang argues this from an [...]

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