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Institutions of Macroeconomic Management History, Theory, and Practice

Chang, Ha-Joon

This paper demonstrates that institutions matter for the macro-economy a great deal, and therefore that we need to explicitly incorporate institutional factors in macroeconomic theory. It draws extensively on the history of the development of institutions of macroeconomic management in today's developed countries while Chang's ultimate interest is the role of institutions in the macroeconomic management in developing countries. Note: The opinions expressed in these papers represent those of the author(s) and not The Initiative for Policy Dialogue. These papers are unpublished and have not been peer reviewed. Please do not cite without explicit permission from the author(s).

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More About This Work

Academic Units
Initiative for Policy Dialogue
Publisher
Initiative for Policy Dialogue
Series
Initiative for Policy Dialogue Working Paper Series
Published Here
February 1, 2010

Notes

The opinions expressed in these papers represent those of the author(s) and not The Initiative for Policy Dialogue. These papers are unpublished and have not been peer reviewed. Please do not cite without explicit permission from the author(s).

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