Institutions And Development Processes: The Role Of Strategic Complementarities. A Review Of Main Literature
Source: Munich Personal Repec Archive
This paper is an overview on the literature that investigates the relationship between the institutions and development processes. The attention it has been focus, in sequence, on the ways in which it has been performed the empirical and the theoretical analysis of the relationship between the economic development and the role of institutions. As it is clear the first difficulty is the definition of what an institution is, so the survey gives dig relevance to the different manners to conceptualize the notion of institution. Another difficulty arises from the perplexity about how the efficiency of the institutions can be evaluated.