Synopses & Reviews
These specially commissioned essays apply new analytical methods to study the origins, maintenance, and adaptation of agrarian institutions in a variety of regions and cultures. The contributors, including J.E. Stiglitz, T.N. Srinivasan, Clive Bell, Louis Putterman, H. Binswanger, D. Newbery, and Alain de Janvry, focus on agrarian relations and rural development.
Review
"May well become a standard reference in institutional economics, especially in the context of LDCs."--Review of World Economics
"Bardhan brings together eighteen excellent essays on the theory of agrarian institutions...every essay is high in quality and contains something worth learning....This book constitutes a major and lasting contribution to the economic analysis of agrarian institutions."--Journal of Economic Literature
Synopsis
This volume demonstrates that advanced economic theory provides tools which may usefully be applied to an understanding of the operation of institutions, in the case with particular and significant implications for the problems faced by poor agrarian economies. While many economist accept the institutions are of fundamental importance, this recognition has until recently rarely been matched by the application of rigorous analysis of their formation and behavior, tending rather to confine itself to descriptive studies.