Arbeitspapier

The Ideological Roots of Institutional Change

Why do some societies fail to adopt more efficient institutions in response to changing economic conditions? And why do such conditions sometimes generate ideological backlashes and at other times lead to transformative sociopolitical movements? We propose an explanation that highlights the interplay or lack thereof between new technologies, ideologies, and institutions. When new technologies emerge, uncertainty results from a lack of understanding how the technology will fit with prevailing ideologies and institutions. This uncertainty discourages investment in institutions and the cultural capital necessary to take advantage of new technologies. Accordingly, increased uncertainty during times of rapid technological change may generate an ideological backlash that puts a higher premium on traditional values. We apply the theory to numerous historical episodes, including Ottoman reform initiatives, the Japanese Tokugawa reforms and Meiji Restoration, and the Tongzhi Restoration in Qing China.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 10703

Klassifikation
Wirtschaft
Institutions: Design, Formation, Operations, and Impact
Economic History: Government, War, Law, International Relations, and Regulation: General, International, or Comparative
Economic History: Transport, International and Domestic Trade, Energy, Technology, and Other Services: General, International, or Comparative
Technological Change: Choices and Consequences; Diffusion Processes
Technological Change: Government Policy
Institutions and Growth
Cultural Economics; Economic Sociology; Economic Anthropology: General
Thema
ideology
institutions
conservatism
beliefs
uncertainty
institutional change
technological change

Ereignis
Geistige Schöpfung
(wer)
Iyigun, Murat
Rubin, Jared
Ereignis
Veröffentlichung
(wer)
Institute of Labor Economics (IZA)
(wo)
Bonn
(wann)
2017

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Iyigun, Murat
  • Rubin, Jared
  • Institute of Labor Economics (IZA)

Entstanden

  • 2017

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