Research workshopPublic Policy Department

Institutions and DevelopmentImpact of conditions of social regulation systems on economic

development and other policy fields DRAFT 07.062015

Yury FogelsonEdgar Demetrio Tovar Garcia

Zinaida PogosovaMaria Belikova

Elena KorotkovaArtem Uldanov

Research area

• Application of the new institutional approach to explain development processes;

• Different schools of institutional thought in social sciences;

• Focus on Institutional theorists and New institutional economics;

• Institutions: set of rules (formal and informal) + organizations;

Research area

• The process of institutionalization (the process of embedding institutions), and its impact on economic and social development.

• Key authors: Ronald Coase, Oliver Williamson, Douglas

North, Daron Acemoglu, John. W. Meyer, Brian Rowan, Paul DiMaggio, Walter W. Powell

Aims of workshop

•To describe different institutional approaches in

social sciences

• To describe and explain the connection between

institutions, public policy and development process

•To connect public policy to the institutional

theoretical framework

• To combine qualitative and quantitative methods to

test the impact of institutions on public policy

Tasks of workshop

•To review current theoretical background on institutional approaches

•To review the empirical findings on the connection between

institutions, public policy and development process

•To find and analyze illustrative cases of institutional theoretical

framework application to public policy

•To collect data and to test statistically the influence of institutions +

case studies, interviews, and other qualitative methods

• To create models for particular dimensions of development process

Preliminary list of topics for research

• Institutional mechanisms of the global financial system regulation

• The impact of the Bank on International Settlements on institutions in banking policy

• Approaches to evaluate the influence of legal and ethical regulations on economic growth and social welfare

• Social norms internationalization and its impact on economic development

List of topics for research

•Language policy transformation as a result of

institutional changes

•Impact of formal and informal institutions on family

policy formation

•Institutions for sustainable urban development

•Influence of informal institutions on educational

outcomes and policies

Materialswebsites / e-journals

• International Society for New Institutional Economics (ISNIE)• http://www.isnie.org • European School on New Institutional Economics (ESNIE)• http://esnie.org • Austrian Society for New Institutional Economics (ASNIE)• http://www.univie.ac.at/asnie2013/ • The Ronald Coase Institute• http://coase.org/index.htm • Contracting and Organizations Research Center (University of Missouri)• http://cori.missouri.edu • Economics and Institutions WEBSITE - by prof. F. Toboso, University of Valencia,

Spain.• http://www.uv.es/ecoinst/ • Revista de Economía Institucional (Universidad Externado, Colombia)• http://www.economiainstitucional.com

Materialson-line videos and courses

• Институциональная экономика (Institutional economics) by Maria Yudkevich (HSE)

• https://class.coursera.org/instec-001• Effect of Institutions on Market Performance. Douglas North, Nobel Laureate,

Washington University• http://www.youtube.com/watch?v=A2xhmlpUKd8 • Why Institutions Matter (Part 2 of 8). Douglas North. University of the Philippines• http://www.youtube.com/watch?v=sleqhKuq2z0 • Ronald Coase: "Markets, Firms and Property Rights"• http://www.youtube.com/watch?v=ZAq06n79QIs • Ronald H. Coase: On Economics (The University of Chicago)• http://www.youtube.com/watch?v=04zFygmeCUA • Interview about the 2009 Prize in Economic Sciences (Nobel Prize)• http://www.youtube.com/watch?v=T4cK6LDQYpg •

HSE in coursera Institutional economics by Maria Yudkevich

Some articles and books

• Brousseau, É., & Glachant, J.-M. (Eds.). (2008). New institutional economics: a guidebook (p. 558). Cambridge University Press.

• Coase, R. H. (1998). The New Institutional Economics. American Economic Review, 88(2), 72–74.• DiMaggio, P., & Powell, W. (1991). Introduction. In P. DiMaggio & W. Powell (Eds.), The New Institutionalism in

Organizational Analysis (pp. 1–38). Chicago, IL: University of Chicago Press.• Hodgson, G. M. (1998). The approach of institutional economics. Journal of Economic Literature, 36(1), 166–

192. Retrieved from http://www.jstor.org/stable/2564954• Hodgson, G. M. (Ed.). (2002). A modern reader in institutional and evolutionary economics: key concepts (p.

239). Edward Elgar. Retrieved from http://books.google.com/books?hl=en&lr=&id=xDBmAwAAQBAJ&oi=fnd&pg=PR1&dq=A+Modern+Reader+in+Institutional+and+Evolutionary+Economics+Key+Concepts&ots=rmTS-oDCf7&sig=LGnAgGyi2MGRYr4qvVMqHgbSYbI

• Ménard, C., & Shirley, M. M. (Eds.). (2008). Handbook of new institutional economics (p. 884). Springer-Verlag Berlin Heidelberg. Retrieved from http://link.springer.com/content/pdf/10.1007/978-3-540-69305-5.pdf

• Rutherford, M. (2001). Institutional economics: then and now. Journal of Economic Perspectives, 15(3), 173–194. Retrieved from http://www.jstor.org/stable/2696562

• Staniek, Z. (2010). Diversification of institutional economics. Warsaw Forum of Economic Sociology, 1(1), 90–116. Retrieved from http://yadda.icm.edu.pl/yadda/element/bwmeta1.element.ekon-element-000171274067

• Williamson, O. E. (1999). Public and private bureaucracies: a transaction cost economics perspectives. Journal of Law, Economics, and Organization, 15(1), 306–342. Retrieved from http://jleo.oxfordjournals.org/content/15/1/306.short

• Williamson, O. E. (2005). The economics of governance. American Economic Review, 95(2), 1–18.

Feedback!

• This is a draft, so you should let us know your impressions!

Dr. Yury Fogelsonhttp://www.hse.ru/en/org/persons/68640 Dr. Edgar Tovarhttp://www.hse.ru/org/persons/75264782 Dr. Zinaida Pogosovahttp://www.hse.ru/en/org/persons/188369