Description
Institutlar, institutsional o'zgarish va iqtisodiy ijro examines the fundamental role of institutions in shaping economic development and long-term economic performance. Drawing on institutional economics and economic history, Douglass C. North explains how formal rules, informal norms, and enforcement mechanisms influence incentives, transaction costs, and organizational behavior. The book explores the processes of institutional change, path dependence, and their impact on economic growth, providing a theoretical framework for understanding why some societies achieve sustained development while others face persistent economic challenges.
