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About PHD Thesis Summary: Informal Institutions and Economic Development
This PhD thesis examines the relationship between informal institutions (such as norms, traditions, religion) and economic development. Through conceptual analysis and three country case studies (Mexico, South Korea, Morocco), the thesis finds that informal institutions can both accelerate and slow economic growth. It concludes that for development policies to be effective, reforms must be compatible with a country's informal institutions, which are more resistant to change than formal rules and laws. The thesis also supports the classical views of thinkers like Aristotle, Montesquieu, and Tocqueville on the importance of understanding the interaction between a society's formal and informal institutions.
Detailed Information
| Author: | ['June Alapa'] |
|---|---|
| Publication Year: | 2017 |
| Pages: | 4 |
| Language: | English |
| Format: | |
| Price: | FREE |
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