Rules, restrictions, constraints: structure and process in the new institutional economics

Article Abstract:

Research shows institutions play a significant role in economic thinking by focusing on comparison and providing asymmetric authority. Collective comparison practices within economic institutions should be minimized through regulation to enhance political analysis. A single-dimensional space proposals model is considered together with other models used in political science.

Research and Development in the Social Sciences and Humanities, Political Science, Models, Economics, Political science research

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Time, transition and institutional change

Article Abstract:

New Institutional Economics should help in understanding how conditions for economic reform can be improved. Time and the pace of reform are key issues, as is property law. Gradual reform appears to be more productive than big-bang policies.

Institutional economics

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Economic transition: speed and scope

Article Abstract:

Formerly socialist economies have undergone major changes, and both slow reform and very rapid change can bring about problems. Policy recommendations are discussed in further detail.

Social aspects, Economic aspects, Economic policy, Privatization, Privatization (Business)

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