Institutional microeconomics of development (MIT Press, 2010)
Includes bibliographical references and indexes
Institutional economics of development : some general reflections / Pranab Bardhan -- Spontaneous markets, networks, and social capital : lessons from Africa / Marcel Fafchamps -- Financial markets and conflict in the developing world / Eliana La Ferrara -- Liberalization meets investment climate / Robin Burgess -- Local democracy and ethnic diversity : a review, a new framework, and some evidence from Indonesian villages / Oriana Bandiera and Gilat Levy -- Local accountability improves health services / Martina Björkman, Ritva Reinikka, and Jakob Svensson -- Extended family networks in rural Mexico : a descriptive analysis / Manuela Angelucci ... [et al.] -- Land rights revisited / Stefan Dercon and Pramila Krishnan
"The narrative of development economics is now infused with discussions of institutions. Economists debate whether institutions-or other factors altogether (geography, culture, or religion)-are central to development. In this volume, leading scholars in development economics view institutions from a microeconomic perspective, offering both theoretical overviews and empirical analyses spanning three continents." "After substantial introductory chapters by Pranab Bardhan and Marcel Fafchamps, two scholars who have published important work on this topic, each of the remaining chapters examines a particular set of institutions in a unique setting. These chapters treat the effects of Angola's violent conflict on that country's development; institutional accountability in Uganda; the effect of Indonesia's ethnic diversity on the distribution of public goods; the impact of trade liberalization on India's investment climate; extended family networks in Mexico; and a microeconomic perspective on land rights in Ethiopia." "The chapters demonstrate the remarkable heterogeneity of institutions, government institutions, and families-as well as the empirical and methodological ingenuity of current research into this crucial topic." "Timothy Besley is Kuwait Professor of Economics and Political Science and Director of STICERD (Suntory and Toyota International Centres for Economics and Related Disciplines) at the London School of Economics. He is the author of Principled Agents? The Political Economy of Good Government. Rajshri Jayaraman is Assistant Professor at the European School of Management and Technology, Berlin."--BOOK JACKET.