Posts Tagged ‘incentive structures’
The Importance of Institutions: Analyzing the Egyptian Case
The Middle East, from the Persian Gulf to the Maghreb, is currently in the throes of revolution. Western journalists, in my opinion, suffering from myopia, are celebrating these revolutions as “the next 1989,” a series of revolutions that overthrew the political order in an entire region—the Eastern Bloc—and created a new world order in its place. Let us examine this claim, with an eye toward institutions. Read the rest of this entry »
Rate this:
Written by ryancberg
March 4, 2011 at 9:10 pm
Posted in Economics, Globalization, Strategy, Trade
Tagged with Egypt, Ghadafi, incentive structures, institutional change, institutions, institutions matter, Libya, Maghreb, Middle East, Mubarak, path dependency, Revolution
