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This double volume presents a collection of 23 papers on how institutions matter to socio-economic life. The effort was seeded by the 2015 Alberta Institutions Conference, which brought together 108 participants from 14 countries and 51 different institutions.
In this book Bo Rothstein seeks to defend the universal welfare state against a number of important criticisms which it has faced in recent years. He combines genuine philosophical analysis of normative issues concerning what the state ought to do with empirical political scientific research in public policy examining what the state can do. Issues discussed include the relationship between welfare state and civil society, the privatization of social services, and changing values within society. His analysis centres around the importance of political institutions as both normative and empirical entities, and Rothstein argues that the choice of such institutions at certain formative moments in a country's history is what determines the political support for different types of social policy. He thus explains the great variation among contemporary welfare states in terms of differing moral and political logics which have been set in motion by the deliberate choices of political institutions. The book is an important contribution to both philosophical and political debates about the future of the welfare state.
This important new text provides a broad-ranging introduction to the 'new' institutional theories which have become increasingly influential in recent years and gives an assessment of their application and utility in political analysis.
This report examines the precise nature of the required institutional reforms needed to achieve higher sustained rates of growth and to make a dent in poverty reduction and provides a framework for their design and implementation. The more modest objective is to examine how the concepts of the new institutional economics are useful for analyzing and designing institutions and to evaluate how political economy concepts can be used to develop strategies for implementing institutional reforms. Employing some of these concepts, the report demonstrates that sound institutional reform can be technically and politically viable in the following key sectors: banking; capital markets and legal institutions; educational institutions; judicial reforms; and public administration.
Policymaking in India evokes an image of rational decision-making and technical optimality. However, the arena of policymaking is characterized by conflict and contestation resolved through processes of negotiations and compromises. A significant amount of research in India focuses on policy goals and consequences, and less on policy processes. Breaking away from that approach, Public Policy and Politics in India directly addresses policy processes and discusses the role of institutions in policymaking in India. The wide-ranging essays cover issues such as environment, education, Parliament, liberalization, and governance. They highlight failures of implementation resulting from deep-rooted flaws in overall policy design. The volume aims not only to provoke a debate but also to encourage more systematic studies in the area.
The conditions for sustainable growth and development are among the most debated topics in economics, and the consensus is that institutions matter greatly in explaining why some economies are more successful than others over time. This book explores the relationship between economic conditions, growth, and inequality.
Conventional wisdom holds that "institutions matter." Here, Andrew MacIntyre reveals exactly how they matter in the developing world. Combining an eye for current concerns in international politics with a deep knowledge of Southeast Asia, MacIntyre explores the impact of institutions on effective governance. He examines the "national political architecture"—the complex of rules that determine how leadership of a state is constituted and how state authority is exercised. The Power of Institutions sets out an intriguing conundrum: one well-established body of literature decries the evils of highly centralized political systems, while an equally vigorous school of thought outlines the dangers of political fragmentation. MacIntyre presents the problems associated with institutional extremes, common in developing countries, as the "power concentration paradox." Either extreme is likely to be associated with distinctive governance problems. MacIntyre illustrates his wider arguments by focusing on Indonesia, Malaysia, the Philippines, and Thailand. He shows how their diverse political architectures influenced their responses to the Asian economic crisis and played into pressures for political reform. The Power of Institutions makes clear why the configuration of political institutions is one of the most pressing challenges in many parts of the developing world today.
The twenty-first-century mind deeply distrusts the authority of institutions. It has taken several centuries for advocates of critical thinking to convince western culture that to be rational, liberated, authentic, and modern means to be anti-institutional. In this mold-breaking book, Hugh Heclo moves beyond the abstract academic realm of thinking about institutions to the more personal significance and larger social meaning of what it is to think institutionally. His account ranges from Michael Jordan's respect for the game of basketball to Greek philosophy, from twenty-first-century corporate and political scandals to Christian theology and the concept of office and professionalism. Think what you will about one institution or another, but after Heclo, no reader will be left in doubt about why it matters to think institutionally.
A groundbreaking new synthesis and theory of social institutions Understanding Institutions proposes a new unified theory of social institutions that combines the best insights of philosophers and social scientists who have written on this topic. Francesco Guala presents a theory that combines the features of three influential views of institutions: as equilibria of strategic games, as regulative rules, and as constitutive rules. Guala explains key institutions like money, private property, and marriage, and develops a much-needed unification of equilibrium- and rules-based approaches. Although he uses game theory concepts, the theory is presented in a simple, clear style that is accessible to a wide audience of scholars working in different fields. Outlining and discussing various implications of the unified theory, Guala addresses venerable issues such as reflexivity, realism, Verstehen, and fallibilism in the social sciences. He also critically analyses the theory of "looping effects" and "interactive kinds" defended by Ian Hacking, and asks whether it is possible to draw a demarcation between social and natural science using the criteria of causal and ontological dependence. Focusing on current debates about the definition of marriage, Guala shows how these abstract philosophical issues have important practical and political consequences. Moving beyond specific cases to general models and principles, Understanding Institutions offers new perspectives on what institutions are, how they work, and what they can do for us.
A leading conservative intellectual argues that to renew America we must recommit to our institutions Americans are living through a social crisis. Our politics is polarized and bitterly divided. Culture wars rage on campus, in the media, social media, and other arenas of our common life. And for too many Americans, alienation can descend into despair, weakening families and communities and even driving an explosion of opioid abuse. Left and right alike have responded with populist anger at our institutions, and use only metaphors of destruction to describe the path forward: cleaning house, draining swamps. But, as Yuval Levin argues, this is a misguided prescription, rooted in a defective diagnosis. The social crisis we confront is defined not by an oppressive presence but by a debilitating absence of the forces that unite us and militate against alienation. As Levin argues, now is not a time to tear down, but rather to build and rebuild by committing ourselves to the institutions around us. From the military to churches, from families to schools, these institutions provide the forms and structures we need to be free. By taking concrete steps to help them be more trustworthy, we can renew the ties that bind Americans to one another.