The latter have overlooked the role of institutions in the growth process, and new institutional economists ignore the role of economic structures in the dynamics of growth.
Most current internationalists focus principally on the role of institutions.
These practitioners are engaged in revealing the crucial role of institutions and culture in economic behavior.
Institutionalism, in the social sciences, an approach that emphasizes the role of institutions.
Renewed attention to history is thus allowing economists to consider more systematically the role of institutions in macroeconomic outcomes.
There were way fewer kids on the block then.'' Meg made me think about the role of institutions, then and now.
Macroeconomic models have tended to neglect the role of institutions, ranging from trade unions and employer associations to property-rights regimes and mechanisms for redistribution.
But it also means embracing progressivism in three distinct ways: the role of institutions, the role of the state, and the use of social justice as a measure of performance.
Finally, the global expansion of capitalism and European Union (EU) integration led to significant research demonstrating the role of institutions as intermediaries between structures and outcomes.
Then there is the role of institutions such as the BBC, which has found itself for the past 30 years continually behind the curve of the Scottish self-government debate and even the explosion of arts and culture.
In contrast, North emphasised the role of institutions – the rules and conventions of a society, such as laws, property rights, politics, customs and belief systems – in explaining differences in long-term economic growth.
