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Goals of the Institute



To build the capacity of young scholars to do relevant research and communicate their findings in their own countries.

To expand the body of knowledge on issues important to countries seeking to build a market economy.

To develop a worldwide network of scholars doing institutional research.

To assemble the major works in the field of institutional analysis and broaden the understanding of those ideas.



Past Activities

During 2001 the Institute conducted two workshops that trained 42 young scholars from developing and transitional countries to better identify and analyze institutional factors affecting development. These were promising scholars with the potential to implement research and become intellectual leaders. They were encouraged to communicate their research findings within their countries, to inform policy and improve outcomes.

In 2002 the Institute held a workshop for 10 more advanced researchers jointly with the Center for New Institutional Social Sciences, Washington University in St. Louis. It also conducted a workshop for 26 young scholars in Cambridge, Massachusetts, just before the annual conference of the International Society for New Institutional Economics.

The Institute also organized panels and participated in several conferences on institutional analysis around the world.

During 2003, 2004, and 2005 the Institute held further workshops for young scholars in Budapest, Hungary; São Paulo, Brazil; Tucson, Arizona, USA; and Barcelona, Spain.  During 2003 it co-organized a conference in São Paulo on institutional reforms in Latin America. Two research conferences on transaction costs were organized in 2003 and 2004 jointly with the Stigler Center, University of Chicago.

In 2006, 2007, and 2008 the Institute held five workshops for young scholars in Boulder, Colorado, USA; Reykjavik, Iceland; Singapore; Los Baños, Philippines; and Beijing, China.   The Institute also held a Chicago research conference for invited alumni in 2006 jointly with the Stigler Center, University of Chicago. 

In 2008 the Institute organized a conference on property rights and economic reform in Hong Kong jointly with Hong Kong Polytechnic University.  It also held an applied econometrics seminar for the analysis of micro data in Hong Kong, jointly with the University of Hong Kong. 
In 2009 it held a workshop for young scholars in Bratislava, Slovakia.

There are currently 289 workshop alumni from 56 countries.


Program for the Future

To build the capacity of young scholars, we will continue to

  ♦  Organize workshops on institutional analysis.
  ♦  Expand the Web site to make information and classic works on   institutional analysis more accessible.
  ♦  Develop and post on the Web curricula and reading lists for institutional analysis that could be used by research institutes and universities internationally.
  ♦  Support promising researchers through collaboration, funding, and advice.


To expand the body of empirical evidence on the role of institutions, we will

  ♦  Involve promising scholars in collaborative research on various questions.  Our first research projects measure the transaction costs of starting a new business, so that policy makers can better see the impact of high transaction costs on their economies and assess the effects of their reform efforts.


To build an international network of institutional scholars, we
plan eventually to

  ♦  Expand our bulletin board on the Web site, where scholars can post   
      questions and seek collaborators.       
  ♦ 
Organize regional conferences on institutions.




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