There is now widespread consensus that institutions matter crucially for development, but what are 'institutions'? This briefing discusses institutions in general considering (1) how institutions are established, maintained and changed; and (2) how the many and varied social, economic and political institutions, both formal and informal, interact with each other - within and between societies, in complementary or conflicting ways, to promote or hinder pro-poor growth and development.
IPPG Briefing Paper No. 1, Manchester, UK, 2 pp.
What are Institutions?