Evolution of Markets and Institutions: A Study of an Emerging Economy (Routledge Studies in Development Economics) - Tapa blanda

Libro 40 de 173: Routledge Studies in Development Economics

Patibandla, Murali

 
9780415494038: Evolution of Markets and Institutions: A Study of an Emerging Economy (Routledge Studies in Development Economics)

Sinopsis

The new institutional economics has been one of the most influential schools of thought to emerge in the past quarter century.  Taking its roots in the transaction cost theory of the firm as an economic organization rather than purely a production function, it has been developed further by scholars such as Oliver Williamson, Douglas North and their followers, leading to the rich and growing field of the new institutional economics.

This branch of economics stresses the importance of institutions in the functioning of free markets, which include elaborately defined and effectively enforced property rights in the presence of transaction costs, large corporate organizations with agency and hierarchical controls, formal contracts, bankruptcy laws, and regulatory institutions.  In this timely volume, Murali Patibandla applies some of the precepts of the new institutional economics to India - one of the world’s most promising economies.

"Sinopsis" puede pertenecer a otra edición de este libro.

Acerca del autor

Murali Patibandla

"Sobre este título" puede pertenecer a otra edición de este libro.

Otras ediciones populares con el mismo título

9780415339674: Evolution of Markets and Institutions: A Study of an Emerging Economy (Routledge Studies in Development Economics)

Edición Destacada

ISBN 10:  0415339677 ISBN 13:  9780415339674
Editorial: Routledge, 2006
Tapa dura