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With the Great Recession of 2008-09, a regulation-theoretic agenda, albeit ambigious, has come to the fore. In the field of political economy, it is principally the original institutionalism that bases its premises upon a constraint-theoretic regulation of economic institutions. This paper, in this context, aims first to examine the methodological and theoretical space of original institutionalism in the wider discipline of political economy with particular reference to its points of divergence from the new and rational choice institutionalism, and then to investigate its rudiments in terms of the systemic interactions between the building blocks of a politico-economic regime ranging from norm-contingent economic development to business cycles and innovation.
Field : Sosyal, Beşeri ve İdari Bilimler
Journal Type : Uluslararası
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