Rapporteur's report on institutional framework for agricultural development From: Indian Journal of Agricultural Economics | Date: July 1, 1998| Author: | Copyright Indian Society of Agricultural Economics Jul-Sep 1998. Provided by ProQuest LLC.Copyright information

"There is an intimate connection between the institutions and technology employed, (and) the efficiency of a market (economy) is directly shaped by the institutional framework. "

Douglass C. North (1997)

Winner of Nobel Prize for Economics, 1993.

1

INTRODUCTION

It is indeed highly opportune that the Indian Society of Agricultural Economics has selected the theme of institutional framework for discussion in this Conference. Worldwide, there has been a great revival of interest in institutions and their role in economic development. The old institutionalist thinking lead by Thorstein ...

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