The Rise of the Western World: A New Economic History

E579980

*The Rise of the Western World: A New Economic History* is a seminal work in economic history that explains the long-term development and dominance of Western economies through the evolution of institutions and property rights.

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Predicate Object
instanceOf book
economic history book
academicDiscipline economics
history
author Douglass C. North NERFINISHED
Robert Paul Thomas NERFINISHED
centralArgument institutions and property rights are key determinants of Western economic dominance
countryOfOrigin United States of America
surface form: United States
examines decline of feudal institutions
rise of England as an economic power
transition to market economies
field economic history
institutional economics
focusesOn evolution of institutions
long-term economic growth
property rights
geographicFocus North America NERFINISHED
Western Europe NERFINISHED
hasFormat hardcover
paperback
influenced development economics
institutional economic history
political economy of institutions
keyConcept path dependence in institutional development
political and economic institutions co-evolve
secure property rights promote investment and growth
transaction costs shape institutional change
language English
mainSubject Western economic development
economic history
institutional economics
methodology comparative historical analysis
publicationYear 1973
publisher Cambridge University Press NERFINISHED
recognizedAs foundational text in new institutional economics
seminal work in economic history
relatedTo Douglass C. North's later work on institutions and economic performance
theoreticalFramework new institutional economics
timePeriodCovered from the late Middle Ages to the modern era
usedIn graduate seminars on institutions and development
university courses on economic history

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Douglass C. North notableWork The Rise of the Western World: A New Economic History