Second-Best Institutions

By Dani Rodrik. 2008

593 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/cf202d1d43a19730c845dfccda4823588259bb8c

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Citations in the corpus

New institutional accounting and IFRS (2011, background): “It may be asked whether a country should be required to have a minimum set of supporting institutions before it can adopt IFRS? On a related note, even though certain institutions seem to support high-quality financial reporting in developed countries, it may be asked whether alternative institution”
Escaping Capability Traps Through Problem-Driven Iterative Adaptation (PDIA) (2013, unknown): “A second tension also plays out at this systemic level, affecting the space created for novelty: closed systems constrain novelty and do not allow new approaches to emerge, while open systems facilitate novelty (see Brafman and Beckstrom 2006).”
The interaction of entrepreneurship and institutions (2010, unknown): “In his discussion of second-best institutions, Rodrik (2008) points out that Ghanaian firms find courts too costly as a method of contract enforcement.”
The Politics of Governance Ratings (2008, background): “Rodrik (2008) argues for ‘‘second-best institutions’’ instead of the current overambitious governance agenda.”
The future of economic convergence (2011, background): “In Rodrik (2008b) I show that there is a systematic and robust association between undervaluation and economic growth, a relationship that seems to work through undervaluation’s positive effects on industrialization.”
Socio-cognitive traits and entrepreneurship: The moderating role of economic institutions (2019, background): “In that case, entrepreneurs increasingly rely on informal arrangements because of the inefficiency of the public sector (Rodrik, 2008).”
Capital is not enough: opportunity entrepreneurship and formal institutions (2018, unknown): “In countries with lower-quality formal institutions, often characterized by lack of respect for the rule of law, informal institutions such as social ties and generalized trust can fill the formal institutional gap by lowering uncertainty in social and market interactions (Rodrik 2008).”
Problem-Driven Governance and Political Economy Analysis : Good Practice Framework (2009, methodology): “‘Good enough’ governance and feasible approaches to reform The approach to GPE analysis proposed here is based on a diagnostic rather than a prescriptive approach to governance (Rodrik 2008a and 2008b).”
Diagnostics before Prescription (2010, background): “Yet the importance of this step, and the ingenuity involved, are often obscured by a tendency to rely on textbook solutions or " best-practices " (Rodrik, 2008).”