How Long to Read The Role of Institutions in Economic Development

How Long Does it Take to Read The Role of Institutions in Economic Development?

It takes the average reader and 11 minutes to read The Role of Institutions in Economic Development by Douglass Cecil North

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper contains the text of a lecture delivered by Nobel laureate Professor Douglass C. North in March 2003, the first in a second series of lectures in honour of Gunnar Myrdal (the first Executive Secretary of the UN Economic Commission for Europe). The lecture highlights the important role played by institutions (defined as including formal rules such as the rule of law and property rights, as well as informal constraints relating to beliefs, traditions and social norms) in promoting socio-economic development. Professor North argues that the considerable gaps in per capita income between richer and poorer countries reflect the quality of their institutions. However, in a continuously evolving world economy, there is no single strategy for institutional design to fit all countries seeking sustained economic growth and development.

How long is The Role of Institutions in Economic Development?

The Role of Institutions in Economic Development by Douglass Cecil North is 11 pages long, and a total of 2,761 words.

This makes it 4% the length of the average book. It also has 3% more words than the average book.

How Long Does it Take to Read The Role of Institutions in Economic Development Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 15 minutes to read The Role of Institutions in Economic Development aloud.

What Reading Level is The Role of Institutions in Economic Development?

The Role of Institutions in Economic Development is suitable for students ages 6 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy The Role of Institutions in Economic Development?

The Role of Institutions in Economic Development by Douglass Cecil North is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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