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Beyond the Miracle of the Market: The Political Economy of Agrarian Development in Kenya (Political Economy of Institutions and Decisions) Book
The last two decades of the 20th Century witnessed the first generation of economics reforms -- ones that promoted the market and denigrated the state. This book was one of the first to expose the inadequacy of this position and to demonstrate the importance of institutions for economic behavior. Noting that Kenya grew while other countries were declining, it attributed Kenya's exceptionalism to its economic institutions, which enabled people to undertake productive activities that they would have been afraid to undertake in purely market settings, i.e. settings that lacked political regulation and governing institutions.Read More
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Product Description
This book examines the political economy of Kenya from the Mau Mau rebellion of the 1950s to the tragic droughts of the 1980s, with emphasis upon the political and economic origins of institutions and the role of these institutions in Kenya's economic development.
- 052143792X
- 9780521437929
- Robert H. Bates
- 28 September 1992
- Cambridge University Press
- Paperback (Book)
- 219
- New Ed
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