The Mechanics of Modernity in Europe and East Asia
Institutional Origins of Social Change and Stagnation
By Erik Ringmar
Published August 12th 2009 by Routledge – 272 pages
Why, from the eighteenth century onwards, did some countries embark on a path of sustained economic growth, while others stagnated? This text looks at the kind of institutions that are required in order for change to take place, and Ringmar concludes that for sustained development to be possible, change must be institutionalized. Taking a global view, Ringmar investigates the implications of his conclusion on issues facing the developing world today.
Erik Ringmar is in the Department of Government at the London School of Economics