Institutions: top down or bottom up? : design and reform of institutions in LDCs and transition economies

Abstract: This article poses the question whether top-down institutional change is desirable, using the case of land tenure reform versus customary rights. It recommends adopting an agenda of gradual reform that recognizes the constraints of bottom up evolution instead of delusory top down attempts.

Author(s): Easterly, William

Source(s): , American economic review; Vol. 98, No. 2 p. 95-99 American economic review Vol. 98, No. 2

Published: 2008 American economic association], [Nashville, TN (English

ISBN/ISSN: [0002-8282]/

Link: http://dri.fas.nyu.edu/docs/IO/11783/Institutions.pdf

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