'. . . the book is a good example of the writing and reasoning style, sometimes vivid and intriguing, often used by NIE authors. Similarly, the book is a good sample of NIE's multidisciplinary approach to economics. . . The range of papers presented gives the reader a good picture of the variety of approaches used by NIE scholars, and their ability to integrate sociological and legal consideration within the economic analysis.'
- Martino Bianchi, CEU Political Science Journal

The field of institutional economics has witnessed a surge in interest over recent years and has attracted the attention of a growing number of social scientists. This topical and highly informative collection brings together critical writings on the relationship between institutions and economic performance. The included works encompass seminal cross-country studies of 'whether institutions matter', as well as leading examples of within-country studies on the role of specific institutions. This indispensable volume includes an original introduction by the editor which explores the definition and measurement of institutions. The book is essential reading for anyone interested in institutions and economic development.