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Institutions and the Path to the Modern Economy by Greif, Avner
Institutions and the Path to the Modern Economy: Lessons from Medieval Trade
by Greif, Avner
 
It is widely believed that current disparities in economic, political, and social outcomes reflect distinct institutions. Institutions are invoked to explain why some countries are rich and others poor, some democratic and others dictatorial. The text seeks to answer questions of what institutions are, how they come about, and why they persist.
 
Published January, 2006 by Cambridge, Paperback, 526 Pages, ISBN: 9780521671347, ISBN-10: 0521671345, List Price $45.99.

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