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By:William D. Ferguson
Published on 2020-05-05 by Stanford University Press

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This book examines how a society that is trapped in stagnation might initiate and sustain economic and political development. In this context, progress requires the reform of existing arrangements, along with the complementary evolution of informal institutions. It involves enhancing state capacity, balancing broad avenues for political input, and limiting concentrated private and public power. This juggling act can only be accomplished by resolving collective-action problems (CAPs), which arise when individuals pursue interests that generate undesirable outcomes for society at large. Merging and extending key perspectives on CAPs, inequality, and development, this book constructs a flexible framework to investigate these complex issues. By probing four basic hypotheses related to knowledge production, distribution, power, and innovation, William D. Ferguson offers an analytical foundation for comparing and evaluating approaches to development policy. Navigating the theoretical terrain that lies between simplistic hierarchies of causality and idiosyncratic case studies, this book promises an analytical lens for examining the interactions between inequality and development. Scholars and researchers across economic development and political economy will find it to be a highly useful guide.

This Book was ranked at 6 by Google Books for keyword Economic Development.

Book ID of The Political Economy of Collective Action, Inequality, and Development's Books is n8vYDwAAQBAJ, Book which was written byWilliam D. Fergusonhave ETAG "Fq5+FOQrDFw"

Book which was published by Stanford University Press since 2020-05-05 have ISBNs, ISBN 13 Code is 9781503611979 and ISBN 10 Code is 1503611973

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Book which have "448 Pages" is Printed at BOOK under CategoryBusiness and Economics

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