The New Institutional Economics and Third World Development

This book is an excellent effort to compile several and relevant cases where the New Institutional Economics theory is explained through practical cases. The way in which each one of these cases is exposed, permits to see clearly the elements of this new economic thoery in the real world. Three characteristcs are prominent in this book. One, the cases show very diverse situations, which facilitates the understanding of this new theory in varied contexts. Two, in spite of that chapers are are short, which permits a easy and quick reading, they are supported in deep jobs of investigacion carried out by the authors. Three, the authors of this edition have different specific interpetaciones of this New Institutional Economics theory, which does a very valuable reading. Related to this book, there is "Institutions, Institutional Change and Economic Performance by Douglas North, or Colonialism and Underdevelopment in East Africa : The Politics of Economic Change, 1919-1939 by E.A. Brett