Douglas North and the New Economic History

Authors

  • Jorge Fernández-Baca UP

DOI:

https://doi.org/10.21678/apuntes.34.388

Keywords:

Economic theory, economic history, nobel prizes, institutional framework

Abstract

Douglass North' s most important contribution to economic theory is his emphasis in tire critical facilitating role of a favorable institutional environment for creating the necessary conditions that make possible economic growth. Creating such an environment is the most fundamental condition for the economic progress of the third world.

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Published

1994-11-13

How to Cite

Fernández-Baca, J. (1994). Douglas North and the New Economic History. Apuntes. Social Sciences Journal, (34), 3–10. https://doi.org/10.21678/apuntes.34.388

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Section

Articles