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2021 | OriginalPaper | Buchkapitel

Institutions and Institutional Change: Concepts and Theories

verfasst von : Ali Hussein Samadi, Masoumeh Alipourian

Erschienen in: Dynamics of Institutional Change in Emerging Market Economies

Verlag: Springer International Publishing

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Abstract

The failure of some countries to achieve sustainable growth is rooted in the history and poor performance of their social, economic, and political institutions. According to North (Institutions, institutional change and economic performance. Cambridge, Cambridge University Press, 1990), institutional change has defined the course of human societies’ evolution throughout history and is the key to understanding historical changes. Therefore, the process of development has been closely tied with the process of institutional change and the willingness to break connection with the paths already trodden. What is an institution? What are the different types of institutions? What does institutional change mean? In addition, what are the theories of institutional change? These are some important questions that are addressed in this chapter.

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Vorheriges Kapitel Overview of Institutional Change Contexts and Dynamics

Nächstes Kapitel Understanding Institutions and Revisiting the Theories of Institutional Change

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Titel: Institutions and Institutional Change: Concepts and Theories
verfasst von: Ali Hussein Samadi
Masoumeh Alipourian
Verlag: Springer International Publishing
Buch: Dynamics of Institutional Change in Emerging Market Economies
Print ISBN: 978-3-030-61341-9

Electronic ISBN: 978-3-030-61342-6

Copyright-Jahr: 2021
DOI: https://doi.org/10.1007/978-3-030-61342-6_4

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