Institutions, social norms and economic development Platteau, Jean-Philippe

Table of Contents:

1.The subject put into perspective
2.Resource endowments and agricultural developments
3.Property right in land - Part I: Dividing the commons
4.Property right in land - Part I:Individualization of land tenure
5.Egalitarian norms and economic growth
6.Endogeneity in the rise of market order
7.Market order,the rule of law and moral norms
8.No easy answer

In order for economic specialization to develop, it is important that well-defined property rights are established and that suspicion and fear of fraud do not pervade transactions. Such conditions cannot be created ex abrubto, but must somehow evolve. What needs to develop is not only suitable practices and rules themselves, but also the public agencies and moral environment without which generalized trust is difficult to establish. The cultural endowment of societies as they have developed over their particular histories is bound to play a major role in this regard, and the matter of cultual endowment is one of the central themes of this book.


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