Douglass Cecil North's scientific contributions
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Publication (1)
Examines the role that institutions, defined as the humanly devised constraints that shape human interaction, play in economic performance and how those institutions change and how a model of dynamic institutions explains the differential performance of economies through time. Institutions are separate from organizations, which are assemblages of p...
Citations
... This paper adopts the neo-institutionalism approach (North, 1990) to reveal the impact of budget policy on the country's socio-economic development. This methodology for assessing the impact of the budget policy highlights that changes in the institutional environment of state regulation occur in stages, considering each country's unique economic and socio-political condition. ...
