Social Institutions and Economic Development

Social Institutions and Economic Development PDF Author: Valpy FitzGerald
Publisher: Springer Science & Business Media
ISBN: 0306481596
Category : Business & Economics
Languages : en
Pages : 213

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Book Description
Jan Pronk The role of institutions in economic development has been debated at length. It is a major chapter in the history of economic thought. It was also a key - sue in comparisons of the effectiveness of Eastern and Western economic systems. Understanding the variety of social and cultural institutions has - ways been crucial in analysing development processes in Africa, Asia, the Middle East and Latin America. Less attention has been given to institutions in studies of the economic performance of Western countries. This may be because economic policies in the West were mostly oriented to the short and medium terms rather than to the long-term perspective. In the short run ins- tutions are given, in the long run they lend themselves for change. From the outset, economic institutions (e.g. markets, enterprises) and their underlying values (e.g. efficiency, economicfreedom) received much - tention. Similar attention was given to political institutions (the state, government, the law) and values (democracy, accountability, human rights). Thought also turned to social institutions (entrepreneurship, the middle class, the family household, land-tenure systems) and social values (tradition, gender and age relations, justice). Studies soon followed of cultural insti- tions (religion, ethnicity) and values (material consumerism or the bond between man and nature). Without the insight gained by studying insti- tions, economics would have become a dull discipline.

Social Institutions and Economic Development

Social Institutions and Economic Development PDF Author: Valpy FitzGerald
Publisher: Springer Science & Business Media
ISBN: 0306481596
Category : Business & Economics
Languages : en
Pages : 213

Get Book Here

Book Description
Jan Pronk The role of institutions in economic development has been debated at length. It is a major chapter in the history of economic thought. It was also a key - sue in comparisons of the effectiveness of Eastern and Western economic systems. Understanding the variety of social and cultural institutions has - ways been crucial in analysing development processes in Africa, Asia, the Middle East and Latin America. Less attention has been given to institutions in studies of the economic performance of Western countries. This may be because economic policies in the West were mostly oriented to the short and medium terms rather than to the long-term perspective. In the short run ins- tutions are given, in the long run they lend themselves for change. From the outset, economic institutions (e.g. markets, enterprises) and their underlying values (e.g. efficiency, economicfreedom) received much - tention. Similar attention was given to political institutions (the state, government, the law) and values (democracy, accountability, human rights). Thought also turned to social institutions (entrepreneurship, the middle class, the family household, land-tenure systems) and social values (tradition, gender and age relations, justice). Studies soon followed of cultural insti- tions (religion, ethnicity) and values (material consumerism or the bond between man and nature). Without the insight gained by studying insti- tions, economics would have become a dull discipline.

Institutions, Social Norms and Economic Development

Institutions, Social Norms and Economic Development PDF Author: Jean-Philippe Platteau
Publisher: Routledge
ISBN: 1136600450
Category : Business & Economics
Languages : en
Pages : 409

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Book Description
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 of societies as they have developed over their particular histories is bound to play a major role in this regard, and the matter of cultual endowment is one of the central themes of this book. On the other hand, division of labour does not only require well-enforced property rights and trust in economic dealings. It is also critically conditioned by the thickness of economic space, itself dependent on population density. This provides the second major theme of the volume: market development, including the development of private property rights is not possible, or will remain very incomplete, if populations are thinly spread over large areas of land. The book makes special reference to sub-Saharan Africa.

Institutions and Social Conflict

Institutions and Social Conflict PDF Author: Jack Knight
Publisher: Cambridge University Press
ISBN: 9780521421898
Category : Political Science
Languages : en
Pages : 256

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Book Description
A thorough critique of theories of institutional change followed by the development of a new theory emphasising the role of distributional conflict in the emergence of social institutions.

Explaining Social Institutions

Explaining Social Institutions PDF Author: Jack Knight
Publisher: University of Michigan Press
ISBN: 9780472085767
Category : Business & Economics
Languages : en
Pages : 254

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Book Description
Important scholars offer new perspectives on the formation and growth of social institutions

Money as a Social Institution

Money as a Social Institution PDF Author: Ann Davis
Publisher: Taylor & Francis
ISBN: 1317369289
Category : Business & Economics
Languages : en
Pages : 209

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Book Description
Money is usually understood as a valuable object, the value of which is attributed to it by its users and which other users recognize. It serves to link disparate institutions, providing a disguised whole and prime tool for the “invisible hand” of the market. This book offers an interpretation of money as a social institution. Money provides the link between the household and the firm, the worker and his product, making that very division seem natural and money as imminently practical. Money as a Social Institution begins in the medieval period and traces the evolution of money alongside consequent implications for the changing models of the corporation and the state. This is then followed with double-entry accounting as a tool of long-distance merchants and bankers, then the monitoring of the process of production by professional corporate managers. Davis provides a framework of analysis for examining money historically, beyond the operation of those particular institutions, which includes the possibility of conceptualizing and organizing the world differently. This volume is of great importance to academics and students who are interested in economic history and history of economic thought, as well as international political economics and critique of political economy.

The Evolution of Social Institutions

The Evolution of Social Institutions PDF Author: Dmitri M. Bondarenko
Publisher: Springer Nature
ISBN: 3030514374
Category : Political Science
Languages : en
Pages : 662

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Book Description
This book presents a novel and innovative approach to the study of social evolution using case studies from the Old and the New World, from prehistory to the present. This approach is based on examining social evolution through the evolution of social institutions. Evolution is defined as the process of structural change. Within this framework the society, or culture, is seen as a system composed of a vast number of social institutions that are constantly interacting and changing. As a result, the structure of society as a whole is also evolving and changing. The authors posit that the combination of evolving social institutions explains the non-linear character of social evolution and that every society develops along its own pathway and pace. Within this framework, society should be seen as the result of the compound effect of the interactions of social institutions specific to it. Further, the transformation of social institutions and relations between them is taking place not only within individual societies but also globally, as institutions may be trans-societal, and even institutions that operate in one society can arise as a reaction to trans-societal trends and demands. The book argues that it may be more productive to look at institutions even within a given society as being parts of trans-societal systems of institutions since, despite their interconnectedness, societies still have boundaries, which their members usually know and respect. Accordingly, the book is a must-read for researchers and scholars in various disciplines who are interested in a better understanding of the origins, history, successes and failures of social institutions.

Social Institutions

Social Institutions PDF Author: Michael Hechter
Publisher: Transaction Publishers
ISBN: 9780202368986
Category : Social Science
Languages : en
Pages : 360

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Book Description
This is the first book to present a synthesis of rational choice theory and sociological perspectives for the analysis of social institutions. The origin of social institutions is an old concern in social theory. Currently it has re-emerged as one of the most intensely debated issues in social science. Among economists and rational choice theorists, there is growing awareness that most, if not all, of the social outcomes that are of interest to explain are at least partly a function of institutional constraints. Yet the role of institutions is negligible both in general equilibrium theory and in most neoclassical economic models. There is a burgeoning substantive interest in institutions ranging from social movements, to formal organizations, to states, and even international regimes. Rational choice theorists have made great strides in elucidating the effects of institutions on a variety of social outcomes, but they have paid insufficient attention to the social dynamics that lead to the emergence of these institutions. Typically, these institutions have been assumed to be a given, rather than considered as outcomes requiring explanation in their own right. Sociological theorists, in contrast, have long appreciated the role of social structural constraints in the determination of outcomes but have neglected the role of individual agents. Michael Hechter is professor emeritus in the department of Sociology at the University of Washington. He is the author of numerous books. He became an Elected Fellow to the American Academy of Arts and Sciences in 2004 and has been featured in Who's Who. He is also currently on editorial boards for a numerous amount of journals. Karl-Dieter Opp is professor of sociology at Univesitat Leipzig. He has been a Fellow of the European Academy of Sociology since 1999 and has been member of the Council and Treasurer since 2000. He is also current on the advisory board for the magazine Mind and Society. Reinhard Wippler is professor of theoretical sociology at the University of Utrecht and scientific director of the Interuniversity Center for Sociological Theory and Methodology.

Social Institutions and International Human Rights Law

Social Institutions and International Human Rights Law PDF Author: Julie Fraser
Publisher: Cambridge University Press
ISBN: 1108489575
Category : Law
Languages : en
Pages : 339

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Book Description
Critiquing the State-centric and legalistic approach to implementing human rights, this book illustrates the efficacy of relying upon social institutions.

New Institutions for Socio-Economic Development

New Institutions for Socio-Economic Development PDF Author: Elena G. Popkova
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110699869
Category : Business & Economics
Languages : en
Pages : 200

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Book Description
The strategies and practical approaches for socio-economic development are undergoing systemic changes under the influence of new developments in global economic systems and markets. The most significant factors influencing such changes are connected to the start of the Fourth Industrial Revolution (Industry 4.0), which is impacting all economic systems to a greater or lesser extent. The creation of the digital economy and transition to Industry 4.0 particularly increases the significance of hi-tech for socio-economic development. Secondly, there is now a transition underway from a period of unlimited globalization and comprehensive integration to more limited globalization and selective economic integration. The growing importance of regionalization on the global economic system is manifested in the formation and rapid development of new integration unions at the regional or country level (e.g., the EU and the EAEU), and company level (e.g., regional sectoral economic clusters, special economic areas, technological parks, and innovative networks). Thirdly, there’s an urgent need for faster innovation, which leads to the formation of more innovative economies. The global financial crisis drew attention to the problems of managing sustainability and achieving balance in socio-economic development. The formation and exponential growth of the information society, based on digital technologies, is now stimulating the growth and significance of corporate social and environmental responsibility as a prerequisite for entrepreneurial success. Thus, the paradigm of socio-economic development is changing from absolute rationality (economic effectiveness) and stability – which has historically been associated with problems of stagnation – to responsibility (limited and socially-oriented rationality) and dynamism (quick innovative development based on leading technologies). This book aims to provide a scientific substantiation for this new paradigm.

Social Institutions, Gender Inequality, and Regional Convergence in Developing Countries

Social Institutions, Gender Inequality, and Regional Convergence in Developing Countries PDF Author: Boris Branisa Caballero
Publisher: Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
ISBN: 9783631614228
Category : Convergence (Economics)
Languages : en
Pages : 0

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Book Description
I. Social institutions and gender inequality -- 1. The Social Institutions and Gender Index (SIGI) -- 1.1. Introduction -- 1.2. The Database -- 1.3. Construction of the Subindices -- 1.3.1. Measuring the Association between Categorical Variables -- 1.3.2. Aggregating Variables to Build a Subindex -- 1.4. The Social Institutions and Gender Index (SIGI) -- 1.5. Results -- 1.5.1. Country Rankings and Regional Patterns -- 1.5.2. Simple Correlation with other Gender-related Indices -- 1.5.3. Regression Analysis -- 1.6. Conclusion -- 1.7. Tables -- 1.8. Figures -- 2. Why care about social inst. related to gender ineq. -- 2.1. Introduction -- 2.2. Social Institutions and Household Decisions -- 2.2.1. Social Institutions and Female Education -- 2.2.2. Social Institutions and Fertility and Child Mortality Rates -- 2.3. Social Institutions and the Society: Governance -- 2.4. Data -- 2.5. Empirical estimation and Results -- 2.5.1. Empirical estimation -- 2.5.2. Results -- 2.6. Conclusion -- 2.7. Tables -- 3. Reexamining the link between gender and corruption -- 3.1. Introduction -- 3.2. Empirical Estimation and Results -- 3.2.1. Data -- 3.2.2. Empirical Estimation -- 3.2.3. Results -- 3.3. Conclusion -- 3.4. Tables -- 3.5. Figures -- II. Regional growth convergence in Colombia -- 4. Regional convergence in Colombia: Income indicators -- 4.1. Introduction -- 4.2. Motivation and Background -- 4.2.1. Economic Background -- 4.2.2. Data Issues Affecting Convergence Results in Colombia -- 4.3. The Solow Model and Its Estimation -- 4.3.1. The Solow Model -- 4.3.2. Absolute Beta-Convergence -- 4.3.3. Conditional Convergence -- 4.3.4. Parameter Heterogeneity: Are There Different Steady States? -- 4.3.5. Sigma-Convergence -- 4.4. Distributional Approach: Quah's Critique -- 4.5. Empirical Estimation and Results -- 4.5.1. Sigma-Convergence -- 4.5.2. Absolute Beta-Convergence -- 4.5.3. Conditional Beta-Convergence Using Control Variables -- 4.5.4. Beta-Convergence Using Time-Series Cross-Sectional Data -- 4.5.5. Kernel Density Estimators -- 4.6. Conclusions -- 4.7. Tables -- 4.8. Figures -- 5. Regional convergence in Colombia: Social indicators -- 5.1. Introduction -- 5.2. Motivation -- 5.3. Methods for Measuring Convergence -- 5.4. Data and Empirical Estimation -- 5.4.1. Data -- 5.4.2. Empirical estimation -- 5.5. Results -- 5.5.1. Literacy Rate -- 5.5.2. Infant Survival Rate -- 5.5.3. Life Expectancy at Birth -- 5.5.4. Nourishment -- 5.6. Conclusions -- 5.7. Tables -- 5.8. Figures -- Appendices -- Appendix to Essay 1.