Beschrijving
This book provides a new answer to the old question of the ‘rise of the west’: why did some countries embark on a path of sustained economic growth while others stagnated? Taking a global view, Ringmar investigates the implications of his conclusions on issues facing the developing world today.
Why, from the eighteenth century onwards, did some countries embark on a path of sustained economic growth, while others stagnated? This text looks at the kind of institutions that are required in order for change to take place, and Ringmar concludes that for sustained development to be possible, change must be institutionalized. Taking a global view, Ringmar investigates the implications of his conclusion on issues facing the developing world today.
