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The Understanding of Institutions and their Link to Resource Management from a New Institutionalism Perspective

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dc.contributor.author Haller, Tobias en_US
dc.date.accessioned 2009-07-31T15:12:02Z
dc.date.available 2009-07-31T15:12:02Z
dc.date.issued 2002 en_US
dc.date.submitted 2007-08-14 en_US
dc.date.submitted 2007-08-14 en_US
dc.identifier.uri https://hdl.handle.net/10535/4042
dc.description.abstract "This paper looks at the theory of the New Institutionalism and how it helps to understand livelihood strategies and institutional change in regard to resource management. This economic theory makes use of methodological individualism and looks at the role formal and informal institutions (rules, norms, values and laws) play in lowering or rising transaction costs in resource management. The paper argues that this approach is a useful tool in order to discuss livelihood strategies. The New Institutionalism looks at historic changes and at power questions (bargaining power of individuals or groups) that are so crucial in the debate on natural resource management. One of the themes useful to illustrate the position of the New Institutionalism is the debate on common property resource management where the notion of the Tragedy of the Commons can be critically questioned. This is done by showing cases where institutions work in order to regulate a sustainable use of common property resources and cases where such rules are absent or do not work (Ostrom 1990). The approach is interesting because it also focuses on the role of the state and external economic, political, demographic and technical changes and how these influence prices for goods and the terms of trade (changes in relative prices). These prices then have an influence on the local level and lead to changes in informal, local institutions, organisation, ideology and bargaining power (Ensminger 1992). In order to illustrate the approach and its use an illustrative example on the institutional changes in African floodplain wetlands is given in the paper." en_US
dc.language English en_US
dc.relation.ispartofseries IP 6 Institutional Change and Livelihood Strategies, Working Paper No. 1 en_US
dc.subject new institutionalism en_US
dc.subject institutional change--theory en_US
dc.subject resource management--economics en_US
dc.subject common pool resources en_US
dc.subject tragedy of the commons en_US
dc.subject wetlands en_US
dc.title The Understanding of Institutions and their Link to Resource Management from a New Institutionalism Perspective en_US
dc.type Working Paper en_US
dc.publisher.workingpaperseries NCCR North-South Management Centre, Centre for Development and Environment, Bern, Switzerland en_US
dc.coverage.region Africa en_US
dc.coverage.country Mali Nigeria en_US
dc.subject.sector Theory en_US
dc.subject.sector Forestry en_US
dc.submitter.email lwisen@indiana.edu en_US


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