The New Institutional Economics and Development

The New Institutional Economics and Development

Theory and Applications to Tunisia

1st Edition - November 12, 1987

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  • Editors: M.K. Nabli, Jeffrey Nugent
  • eBook ISBN: 9781483299419

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The New Institutional Economics (NIE) and its two main branches, namely, the theory of transaction cost and contractual choice on the one hand, and that of collective action on the other, broaden the analytical framework of mainstream economics. In doing so the NIE attempts to explain the institutional phenomena which, although almost universally recognised as important, have previously eluded the group of economists. This book is concerned with the NIE and its possible application to Development Economics. It has two specific objectives. The first is to show the relevance and assess the applicability of the principles and insights of the NIE to the analysis of the problems of the LDC's. The second is to provide another set of applications and empirical investigations of the NIE. By combining the relevant theoretical background with applications, the book is self-contained and presented in such a way as to be accessible to each of the following types of reader: (1) development economists and practitioners (2) readers interested in institutions and the NIE (3) regional specialists in North Africa and in countries such as Tunisia and (4) those interested in political economy.

Table of Contents

  • The New Institutional Economics: Issues and Applications. The New Institutional Economics and Economic Development: An Introduction (M.K. Nabli, J.B. Nugent). Transaction Cost Economics and Contractual Choice: Theory and Evidence (S.K. Datta, J.B. Nugent). Collective Action, Institutions and Development (M.K. Nabli, J.B. Nugent). Tunisian Case Studies Applying the Theory of Transaction Cost. The Switch to Sharecropping in Medjez-el-bab (M.S. Matoussi, J.B. Nugent). Contractual Choice in Tunisian Fishing (M. Azabou, L. Bouzaïane, J.B. Nugent). Tax Farming: Anachronism or Optimal Contract? (An Illustration with Respect to Tunisia's Weekly Markets) (M. Azabou, J.B. Nugent). The Size Distribution and Ownership Type of Firms in Tunisian Manufacturing (M.K. Nabli, J.B. Nugent, L. Doghri). Tunisian Case Studies Applying the Theory of Collective Action. The Craft Guilds of Tunis and their Amins: A Study in Institutional Atrophy (T. Kuran). Educational Change and the Ulama in the 19th and Early 20th Centuries (A. Bsaies). Collective Action in Tunisia's Producer Organizations: Some Variations on the Olsonian Theme (J.B. Nugent). Collective Action and Governance Structure in Tunisia's Labor Organization (A. Zouari). The Wholesale Produce Market of Tunis and its Porters: A Tale of Market Degeneration (M. Azabou, T. Kuran, M.K. Nabli). The Political Economy of Interest Rate Determination in Tunisia (M.Z. Bechri). An Interest Group Analysis of Tunisia's State Enterprises (A. Grissa). Concluding Perspectives. A New Paradigm for the Study of Economic Development (B. Herrick). The New Institutional Economics and Development: Concluding Remarks (M.K. Nabli, J.B. Nugent). Index.

Product details

  • No. of pages: 480
  • Language: English
  • Copyright: © North Holland 1989
  • Published: November 12, 1987
  • Imprint: North Holland
  • eBook ISBN: 9781483299419

About the Editors

M.K. Nabli

Jeffrey Nugent

Affiliations and Expertise

University of Southern California, Los Angeles, CA, USA

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