Institutions, Social Norms and Economic Development

by Jean-Philippe Platteau

In order for economic specialization to develop, it is important that well-defined property rights are established and that suspicion and fear of fraud do not pervade transactions. Such conditions cannot be created ex abrubto, but must somehow evolve. What needs to develop is not only suitable practices and rules themselves, but also the public agencies and moral environment without which generalized trust is difficult to establish. The cultural endowment...

• Format: Hardcover
• Language: English
• ISBN: 9058230589
• ISBN13: 9789058230584
• Release Date: September 2000
• Publisher: Routledge
• Length: 408 Pages
• Weight: 1.66 lbs.
• Dimensions: 0.9" x 6.1" x 9.2"