Healing Sick Institutions
Published in: The Political Dimension of Economic Growth: Proceedings of the IEA Conference held in San Jose, Costa Rica, Silvio Borner and Martin Paldam (eds.) (St. Martin's Press, 1998), Chapter 19, p. 335-347
Posted on RAND.org on December 31, 1997
The author distinguishes inefficient institutions that do not fulfill their purported aims of service delivery, fair judgment, and efficient allocation, from sick institutions, characterized by weak information, ineffective incentives, and chronic shirking and malfeasance.