The Political Economy of Collective Action, Inequality, and Development by William D. Ferguson
English | May 26th, 2020 | ISBN: 1503604616, 1503611973 | 448 pages | EPUB | 4.48 MB
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.