Institutions and Geography in Economic Development: A Heterodox Economic Discussion

The debate about comparative roles of geographical and social (institutional) factors in economic development has been continuing for more than one hundred years. The fundamental basis of the debate is consideration of the economic world from the perspective of the interrelationship between nature a...

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Main Author: Svetlana Georgievna Kirdina
Format: Article
Language:Russian
Published: Economic Research Institute of the Far East Branch of the Russian Academy of Sciences 2016-09-01
Series:Prostranstvennaâ Èkonomika
Subjects:
Online Access:http://spatial-economics.com/eng/images/spatial-econimics/3_2016/SE.2016.3.133-150.Kirdina.pdf
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author Svetlana Georgievna Kirdina
author_facet Svetlana Georgievna Kirdina
author_sort Svetlana Georgievna Kirdina
collection DOAJ
description The debate about comparative roles of geographical and social (institutional) factors in economic development has been continuing for more than one hundred years. The fundamental basis of the debate is consideration of the economic world from the perspective of the interrelationship between nature and society. Emerging heterodox economics, which go beyond the limitations of the methodological prerequisites of mainstream economic thought, contributes new ideas to this continuing discussion. It focuses on the study of evolutionary processes and the development of economic phenomena from the long-term historical perspective. At the same time heterodox economics seeks to build a bridge between the study of social and economic processes, on the one hand, and the environment in which they are carried out, on the other hand. Therefore, the environment, climate and geography became topics of study in heterodox economics. The paper focuses on the consideration of a ‘geographical hypothesis’ found in the works of modern Russian and foreign institutionalists. It shows that for the analysis of long-term economic evolution ‘geography matters’. This conclusion is confirmed by the results of empirical studies carried out in Russia and worldwide since the early 2000’s
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spelling doaj.art-f4aaa84065aa441e822b7eef2e2a72672022-12-22T01:59:02ZrusEconomic Research Institute of the Far East Branch of the Russian Academy of SciencesProstranstvennaâ Èkonomika1815-98342587-59572016-09-01313315010.14530/se.2016.3.133-150Institutions and Geography in Economic Development: A Heterodox Economic DiscussionSvetlana Georgievna Kirdina0Institute of Economics RASThe debate about comparative roles of geographical and social (institutional) factors in economic development has been continuing for more than one hundred years. The fundamental basis of the debate is consideration of the economic world from the perspective of the interrelationship between nature and society. Emerging heterodox economics, which go beyond the limitations of the methodological prerequisites of mainstream economic thought, contributes new ideas to this continuing discussion. It focuses on the study of evolutionary processes and the development of economic phenomena from the long-term historical perspective. At the same time heterodox economics seeks to build a bridge between the study of social and economic processes, on the one hand, and the environment in which they are carried out, on the other hand. Therefore, the environment, climate and geography became topics of study in heterodox economics. The paper focuses on the consideration of a ‘geographical hypothesis’ found in the works of modern Russian and foreign institutionalists. It shows that for the analysis of long-term economic evolution ‘geography matters’. This conclusion is confirmed by the results of empirical studies carried out in Russia and worldwide since the early 2000’shttp://spatial-economics.com/eng/images/spatial-econimics/3_2016/SE.2016.3.133-150.Kirdina.pdfgeographical determinisminstitutionsheterodox economics
spellingShingle Svetlana Georgievna Kirdina
Institutions and Geography in Economic Development: A Heterodox Economic Discussion
Prostranstvennaâ Èkonomika
geographical determinism
institutions
heterodox economics
title Institutions and Geography in Economic Development: A Heterodox Economic Discussion
title_full Institutions and Geography in Economic Development: A Heterodox Economic Discussion
title_fullStr Institutions and Geography in Economic Development: A Heterodox Economic Discussion
title_full_unstemmed Institutions and Geography in Economic Development: A Heterodox Economic Discussion
title_short Institutions and Geography in Economic Development: A Heterodox Economic Discussion
title_sort institutions and geography in economic development a heterodox economic discussion
topic geographical determinism
institutions
heterodox economics
url http://spatial-economics.com/eng/images/spatial-econimics/3_2016/SE.2016.3.133-150.Kirdina.pdf
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