Institutional Change and Path Dependence Flashcards
State
Permanent administrative, legal and coercive system with a monopoly over the legitimate use of force
Regime
Allows for the allocation of political power
Government
People who control the state
Policy
Tool used by governments and implemented by the state to try to achieve a desired social outcome
Path dependence
High costs of reversal; other choice points but entrenchment of certain institutional arrangements; inefficient institutional equilibria persist
Cage of norms
Fearing dominance, societies evolve social norms to maintain egalitarianism, but these norms keep society out of the corridor
Doorstep conditions
Rule of law for elites
Perpetually lived organisations in the public and private spheres
Consolidated control of the military
Limited Access Orders
Personal relationships form the basis for social organisation; access to organisation is limited
Open access orders
Impersonal relationships form the basis for social organisation
Four components of IFED
- Possibility; 2. Incentive; 3. Capability; 4. Opportunity