Institutional change and economic development / edited by Ha-Joon Chang.

"The chapters in the volume were all prepared for the UNU-WIDER project on 'Institutions and Economic Development : Theory, History, and Contemporary Experiences.' An initial project planning meeting was held in Oxford in March 2004. ... The project meeting was held in April 2005 at WIDER in Helsinki"--Page xxi-xxii.

Includes bibliographical references and index.

The issue of institutional development has come to prominence during the last decade or so. During this period, even the IMF and the World Bank, which used to treat institutions as mere 'details', have come to emphasize their role in economic development. However, there are still some important knowledge gaps that need to be filled before we can say that we have a good grip on the issue of institutions and economic development, both theoretically and at the policy level. This book constitutes an attempt to fill these gaps.--Publisher's description.

880-01 Institutional change and economic development: an introduction / Ha-Joon Chang -- part I: Theoretical Overview -- Understanding the relationship between institutions and economic development -- some key theoretical issues / Ha-Joon Chang -- Extending the 'institutional' turn: property, politics and development trajectories / Peter B. Evans -- Institutionalism ancient, old, and new: a historical perspective on institutions and uneven development / Erik S. Reinert -- part II: Evolution of Particular Institutions -- Modern bureaucracy / John Toye -- Central banks as agents of economic development / Gerald Epstein -- Corporate governance, innovative enterprise, and economic development / William Lazonick -- The political economy of taxation and tax reform in developing countries / Jonathan di John -- The rule of law, legal traditions, and economic growth: the East Asian example / Meredith Jung-En Woo.

part III: Country Experiences -- State formation and the construction of institutions for the first industrial nation / Patrick Karl O'Brien -- The Role of federalism in developing the US during nineteenth-century globalization / Eric Rauchway -- Institutions and economic growth: the successful experience of Switzerland, 1870-1950 / Thomas David and André Mach -- The rise and halt of economic development in Brazil, 1945-2004: industrial catching-up, institutional innovation and financial fragility / Leonardo Burlamaqui, José A.P. de Souza and Nelson H. Barbosa-Filho -- Rethinking import-substituting industrialization: development strategies and institutions in Taiwan and China / Tianbiao Zhu -- Developmental nationalism and economic performance in Africa: the case of three 'successful' African economies / Julius Kiiza.