Economic Welfare, International Business and Global Institutional Change (Locke Institute)

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Scholars from European and US universities analyze institutional change and its political, social, and economic consequences from the perspectives of the relationship between institutions, economic growth, and welfare; the role played by institutions in global business; and the actual process of transition from one institutional framework to another. They offer diverse and often conflicting views. The 14 papers are revised from presentations to an international conference, The Political Economy of Institutional Development: Institutional Design in Periods of Rapid Change, held in Massina, Italy, in September 2000. Annotation ©2003 Book News, Inc., Portland, OR
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Product Details

  • ISBN-13: 9781843761884
  • Publisher: Elgar, Edward Publishing, Inc.
  • Publication date: 1/1/2003
  • Series: Locke Institute
  • Pages: 400

Table of Contents

List of contributors
1 Perspectives on global institutional change 1
2 Competition of political-economic systems and ideological neutrality as conditions for viable economic development 19
3 The impact of the electoral system and of other political institutions on public debt and government finances in Italy 36
4 Institutions matter for procedural utility: an econometric study of the impact of political participation possibilities 81
5 Institutional design in plural societies: mitigating ethnic conflict and fostering stable democracy 102
6 Fiscal federalism and the Stability and Growth Pact: a difficult union 138
7 The changing institutional form of innovation: from exploiting market power to developing corporate technological capability 167
8 Institutions, entrepreneurship, and growth: biomedicine and polymers in Sweden and Ohio 192
9 Corporate governance and capital markets in the two capitalisms 219
10 Political orientation and multinational investment flows into Italy 242
11 The Glorious Revolution of 1688: successful constitutional and institutional adjustment in a period of rapid change 265
12 The politics of poverty 294
13 The role of international monetary institutions after the EMU and the Asian Crisis: some preliminary ideas using constitutional economics 330
14 On the delegation of powers - with special emphasis on Central and Eastern Europe 345
Index 369
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