Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Joe Ghartey, Doing Business and Investing in Ghana

Joe Ghartey, Doing Business and Investing in Ghana BOOK REVIEWS – CRITIQUE BIBLIOGRAPHIQUE Doing Business and Investing in Ghana: Legal and Institutional Framework, Joe Ghartey [Accra, Janel, 2004] xxviii+336 pp At the heart of the New Institutional Economics (NIE) is the role that law plays in economic change. In particular, the NIE programme has as its focus a clearer specification, of property rights as being crucial to transforming transform poorer societies into more prosperous ones. The story of the gradual evolution of Western Europe from a poor backwater around the 13th century is largely, so the NIE scholars argue, a story that is underpinned by the development of institutions to facilitate economic transactions, protect the gains from these transactions. The NIE School has become highly influential in recent decades. With its roots in Ronald Coase’s two seminal papers, ‘The Nature of the Firm’1 and the ‘Problem of Social Cost’,2 NIE has developed into an important research programme. It claims a number of recent Nobel Laureates in economics including Coase, James Buchanan, Douglass North, Robert Fogel, George Stigler and Herbert Simon.3 These theoreticians have demonstrated and extended the insights of Coase’s research on the critical role of institutions and transaction costs in economic performance.4 NIE is extremely http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png African Journal of International and Comparative Law Edinburgh University Press

Joe Ghartey, Doing Business and Investing in Ghana

Download PDF
5 pages

Loading next page...
 
/lp/edinburgh-university-press/joe-ghartey-doing-business-and-investing-in-ghana-YCSWNMQUPI
Publisher
Edinburgh University Press
Copyright
© Edinburgh University Press
Subject
Book Reviews – Critique Bibliographique
ISSN
0954-8890
eISSN
1755-1609
DOI
10.3366/ajicl.2007.15.2.293
Publisher site
See Article on Publisher Site

Abstract

BOOK REVIEWS – CRITIQUE BIBLIOGRAPHIQUE Doing Business and Investing in Ghana: Legal and Institutional Framework, Joe Ghartey [Accra, Janel, 2004] xxviii+336 pp At the heart of the New Institutional Economics (NIE) is the role that law plays in economic change. In particular, the NIE programme has as its focus a clearer specification, of property rights as being crucial to transforming transform poorer societies into more prosperous ones. The story of the gradual evolution of Western Europe from a poor backwater around the 13th century is largely, so the NIE scholars argue, a story that is underpinned by the development of institutions to facilitate economic transactions, protect the gains from these transactions. The NIE School has become highly influential in recent decades. With its roots in Ronald Coase’s two seminal papers, ‘The Nature of the Firm’1 and the ‘Problem of Social Cost’,2 NIE has developed into an important research programme. It claims a number of recent Nobel Laureates in economics including Coase, James Buchanan, Douglass North, Robert Fogel, George Stigler and Herbert Simon.3 These theoreticians have demonstrated and extended the insights of Coase’s research on the critical role of institutions and transaction costs in economic performance.4 NIE is extremely

Journal

African Journal of International and Comparative Law – Edinburgh University Press

Published: Sep 1, 2007

There are no references for this article.