Public Policy Process And Analysis

1225 WordsDec 9, 20145 Pages
Clemson University Institutions, Institutional Change and Economic Performance Book Review Michelle Walls Public Policy Process and Analysis PADM 8220-400 Mark D. Mellott, PhD December 9, 2014 Institutions, Institutional Change and Economic Performance Book Review North starts off by affirming that institutions are the rules of the game in a society or, are the humanly devised constraints that shape human interaction. He then studies institutions, their changes, and the effect on economic routine over time. The book is separated into three sections and the main goal is to explain ways in which institutions and institutional change affect the performance of economies focusing on an issue of primary importance-economic performance through time. The author is cautious to make the division among institutions and organizations. Although they are different, both are works of the organizational basis that supports social collaboration. Institutions can be considered the guidelines of the game and governments can be reflected as the actors, as stated previously. The purpose is to explain the way that the game is played. Organizations are clusters of individuals who work toward a common objective or goal with common interests. Political parties, churches, schools, unions, and government agencies are all illustrations of organizations. The text studies organizations mainly as the agent for institutional change with importance on the relationship between the players
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