Institutions: Evolution, Path Dependency, Anachronisms and Impact
本专题从微观和宏观两个层面,探讨制度变迁的动态过程及其与经济发展的联系,强调理解制度演化是理解经济发展的关键。
This Special Section builds on cutting edge developments in the literature on institutional change and its link to economic development. It throws fresh light on this link from both a microeconomic (firm and household level) and a macroeconomic (country and cross country level) perspective. The main message is that understanding the dynamics of institutional change is key to understanding the process of economic development, while understanding evolving institutions and their links to economic development requires an understanding of the state of flux and the heterogeneous characteristics of individual settings.