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Why, from the eighteenth century onwards, did some countries embark on a path of sustained economic growth, while others stagnated? This text looks at the kind of institutions that are required in order for change to take place, and Ringmar concludes that for sustained development to be possible, change must be institutionalized. Taking a global view, Ringmar investigates the implications of his conclusion on issues facing the developing world today.

338 <09> --- 338 <09> Economische geschiedenis --- Economische geschiedenis --- Entrepreneurship - East Asia - History. --- Entrepreneurship - Europe - History. --- Industrial productivity - East Asia - History. --- Industrial productivity - Europe - History. --- Social change - East Asia - History. --- Social change - Europe - History. --- Stagnation (Economics) - History. --- Entrepreneurship --- Industrial productivity --- Social change --- Stagnation (Economics) --- Economic stagnation --- Stationary state (Economics) --- Steady-state economics --- Economics --- Change, Social --- Cultural change --- Cultural transformation --- Societal change --- Socio-cultural change --- Social history --- Social evolution --- Productivity, Industrial --- TFP (Total factor productivity) --- Total factor productivity --- Industrial efficiency --- Production (Economic theory) --- Entrepreneur --- Intrapreneur --- Capitalism --- Business incubators --- History. --- History --- medieval --- society --- imperial --- china --- song --- dynasty --- dutch --- republic --- star --- demons