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Revista de Economía Institucional

Print version ISSN 0124-5996

Abstract

PRATS, Joan Oriol. CRITICAL REVIEW OF INSTITUTIONALISM’S CONTRIBUTION TO THE THEORY AND PRACTICE OF DEVELOPMENT. Rev.econ.inst. [online]. 2007, vol.9, n.16, pp.121-148. ISSN 0124-5996.

This paper analyzes institutionalism’s contributions to development theory, and shows the need for a greater integration for the creation of successful institutional development strategies. It identifies the levels of institutional analysis levels, highlighting its frequency of change, type of institution and function performed. It also examines the contributions of rational and social choice institutionalism, organization theory, historical institutionalism and sociological institutionalism. Finally, it emphasizes the importance for complementarities between schools for the challenges faced by development policies.

Keywords : institutionalism; development theory; rational choice.

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