Institutii inclusive si extractive in Europa medievala
Can the still-existent economic gap between the two halves of Europe be explained by studying the continent’s medieval past? I argue that the development of feudalism and the different trajectory of this complex web of institutions in Eastern and Western Europe respectively can be a potential explan...
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Format: | Article |
Language: | English |
Published: |
Scoala Nationala de Studii Politice si Administrative - Facultatea de Stiinte Politice
2018-12-01
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Series: | Perspective Politice |
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Online Access: | http://perspective.politice.ro/index.php/ppol/article/view/31/22 |
Summary: | Can the still-existent economic gap between the two halves of Europe be explained by studying the continent’s medieval past? I argue that the development of feudalism and the different trajectory of this complex web of institutions in Eastern and Western Europe respectively can be a potential explanation on why one half has always been behind the other in terms of economics. For this, I use the framework of inclusive and extractive institutions laid down by Douglass North and Robert Thomas and supplement it with a third type of institutions: non-inclusive ones. |
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ISSN: | 1841-6098 2065-8907 |