Summary of JOIE Article by Catherine Roween C. Almaden, Asian Institute of Management, Makati City, Philippines. The full article is available on the JOIE website When rice farmers in Northern Mindanao, Philippines or the Mekong Delta, Viet Nam watch saltwater creep into their fields, they face choices that extend beyond their own plots. Should they…
Tag: polycentric governance
Beyond Private Property Versus Public Property:
The Solution to Douglass. C. North’s Puzzle Concerning China’s Household Responsibility System Summary of JOIE article (15 October 2021) by Simon Deakin and Gaofeng Meng, Centre for Business Research, University of Cambridge, Cambridge, UK. The full article is available on the JOIE website. The dominant theory of property in economics views property rights as individualised and…
Crafting of cognitive institutions for overcoming the Covid-19 pandemic
Summary of the JOIE article (24 January 2022) by Daniil Frolov, Faculty of Economics and Management, Volgograd State Technical University, Russia. The full article is available on the JOIE website. National governments are the main actors enforcing preventative measures to contain the COVID-19 pandemic, focusing on top-down policies and sanctions. Now it is becoming more…