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Understanding the process of economic change - Douglass North

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Title
Understanding the process of economic change
Author
Douglass North
format
Paperback / softback
Publisher
Princeton University Press
Language
English
UK Publication Date
20100521

Description

Develops a way of understanding the process by which economies change. This title explains how different societies arrive at the institutional infrastructure that determines their economic trajectories. It argues that economic change depends largely on 'adaptive efficiency'.

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