Economic Analysis of Institutions: A Practical Guide

This case studies-based tool kit helps readers analyze institutional changes, reforms, and efforts to improve governance in the nation. The author applies the concepts of new institutional economics to a number of real-world problems and public policy issues relevant for developing economies. Divided into two parts, the book provides a succinct summary of the relevant theoretical insights of new institutional economics in the first, and application of these insights to eight specific issues in the second. These issues cover a wide range of areas including environment and natural resources, higher education, international migration, agricultural research, reforming the institutional framework for provision of electricity and water, and so on.