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Market-Augmenting Government The Institutional Foundations for Prosperity (Economics, Cognition, and Society) by

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Published by University of Michigan Press .
Written in English


  • Economic theory & philosophy,
  • Public Policy,
  • Economic Development,
  • Public Policy - General,
  • Business & Economics,
  • Business / Economics / Finance,
  • Macroeconomics,
  • Business/Economics,
  • Free enterprise,
  • Economic policy,
  • Economic Conditions,
  • Economics - Microeconomics,
  • Public Policy - Economic Policy,
  • Political Science / General,
  • Development - Economic Development

Book details:

Edition Notes

ContributionsOmar Azfar (Editor), Charles A. Cadwell (Editor)
The Physical Object
Number of Pages368
ID Numbers
Open LibraryOL7633507M
ISBN 100472098179
ISBN 109780472098170

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Market-Augmenting Government is just such a book. "Market-augmenting government" was not, for Olson, a lightly considered articulation of an ideological middle between advocates of state or market. Instead, in developing this phrase, Olson turns on its head the question of how to get government out of the way of : $ Market-Augmenting Government: The Institutional Foundations for Prosperity [Omar Azfar and Charles A. Cadwell]. As recently as policymakers and academics believed widely that all that was needed for dramatic increases in prosperity in transition. Find helpful customer reviews and review ratings for Market-Augmenting Government: The Institutional Foundations for Prosperity (Economics, Cognition, and Society) at Read honest and unbiased product reviews from our users.2/5(1). Contribution to Book The Optimal Number of Governments for Economic Development Market-Augmenting Government ()Cited by:

Market Augmenting Public Goods Market-augmenting public goods are much closer to the standard list from economics text books, such as health and education whose provision can bring bene–ts to society beyond the bene–ts to individuals. They also include some kinds of infrastructure investments such as in electricity, transport and.   As I mention in the review, the late, great Mancur Olson gave a lot of thought to these issues. His term for Acemoglu's and Robinson's "inclusive institutions" was . {{Citation | title=Market-augmenting government: the institutional foundations for prosperity / Omar Azfar and Charles Cadwell, editors | author1=Azfar, Omar | author2=Cadwell, Charles, | year= | publisher=University of Michigan Press | isbn= | language=English }}.   Market-Augmenting Government. The page Market-Augmenting Government is edited by Omar Azfar and Charles A. Cadwell of the Center for Institutional Reform and the Informal Sector (IRIS) of the University of Maryland. Not only does the editors’ excellent introduction acknowledge a large debt to Mancur Olson, but the book also is dedicated Cited by: 5.

  Summers, Robert (), ‘Some Basic Ways Good Law, Good Legal Institutions, Good Legal Traditions, and the Principles of the Rule of Law Can Augment Markets’, in Azfar, Omar and Cadwell, Charles (eds.), Market Augmenting Government, Ann Arbor: University of Michigan, pp. 25 – Cited by:   The challenge ahead is not merely to hasten privatization, Olson says. Instead, economists must work to ensure that a "market-augmenting government" first secures individual rights to private property and guarantees the impartial enforcement of contracts--in his view the two essential ingredients for prosperity. (Mar.)Brand: Basic Books. “Napoleon, Bourses, and Growth: With A Focus on Latin America.” in Market-Augmenting Government: The Institutional Foundations for Prosperity, Eds. Omar Azfar and Charles A. Cadwell. Ann Arbor, MI: University of Michigan Press, , pp. 1The discussion below evolved out of my role as rapporteur for the conference, and is based on the papers presented at the conference not on their revised versions. 2Interestingly, the final version of the paper, Clague,(), is much less focused on the first two issues noted below. A ‘New Institutional Economics’ Perspective on Market Augmenting Government.