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商品简介:

Develops a way of understanding the process by which economies change. This title explains how different societies arrive at the institutional infrastructure that determines their economic trajectories. It argues that economic change depends largely on 'adaptive efficiency'.


书评与摘要:

In this landmark work, a Nobel Prize-winning economist develops a new way of understanding the process by which economies change. Douglass North inspired a revolution in economic history a generation ago by demonstrating that economic performance is determined largely by the kind and quality of institutions that support markets. As he showed in two now classic books that inspired the New Institutional Economics (today a subfield of economics), property rights and transaction costs are fundamental determinants. Here, North explains how different societies arrive at the institutional infrastructure that greatly determines their economic trajectories. 

North argues that economic change depends largely on adaptive efficiency, a society's effectiveness in creating institutions that are productive, stable, fair, and broadly accepted--and, importantly, flexible enough to be changed or replaced in response to political and economic feedback. While adhering to his earlier definition of institutions as the formal and informal rules that constrain human economic behavior, he extends his analysis to explore the deeper determinants of how these rules evolve and how economies change. Drawing on recent work by psychologists, he identifies intentionality as the crucial variable and proceeds to demonstrate how intentionality emerges as the product of social learning and how it then shapes the economy's institutional foundations and thus its capacity to adapt to changing circumstances. 
Understanding the Process of Economic Change accounts not only for past institutional change but also for the diverse performance of present-day economies. This major work is therefore also an essential guide to improving the performance of developing countries.


图书简介:

在这本里程碑式的著作中,诺思提出了一种新的理解经济变迁过程的方式。二十年前,道格拉斯?诺思通过揭示经济绩效大体上是由支撑市场的制度类型及质量所决定的,激发了经济目前的一场**。正如他在开启新制度经济学之门的两本经典著作中所表明的,产权和交易成本是基本的决定因素。这里,诺思阐释了不同社会是如何形成制度*基础的,这种制度*基础在很大程度上决定了它们的经济轨迹。


作者简介:

道格拉斯.C.诺思(Douglass C.North),1993年诺贝尔经济学奖得主,美国有名经济学家、政治学家,曾任美国经济史学会会长、华盛顿大学经济系主任。他的主要学术贡献在于建立了包括产权理论、**理论和意识形态理论在内的“制度变迁理论”。主要著作有《经济目前的结构和变革》、《西方世界的兴起》、《制度、制度变迁与经济效益》等。

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