Institutional reforms in the Gulf Cooperation Council economies: A conceptual framework
- UNCG Author/Contributor (non-UNCG co-authors, if there are any, appear on document)
- Nir B. Kshetri, Professor (Creator)
- Institution
- The University of North Carolina at Greensboro (UNCG )
- Web Site: http://library.uncg.edu/
Abstract: Institutions are slow to change in the Gulf Cooperation Council (GCC) economies. More to the point, institutions promoting free enterprise economy are lacking in the region. Concepts and theory building are lacking on the dynamics and forces related to institutional changes in GCC economies. In an attempt to fill this void, this paper proposes a framework for identifying clear contexts and attendant mechanisms associated with institutional changes in emerging economies. We then apply the framework in the context of GCC economies. The explanations offered in this paper shed light on the nature of power balance among various institutional actors associated with GCC economies and their cognitive frameworks.
Institutional reforms in the Gulf Cooperation Council economies: A conceptual framework
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Created on 6/22/2011
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Additional Information
- Publication
- Journal of International Management
- Language: English
- Date: 2008
- Keywords
- GCC, Institutions, Market orientation, Holistic order, Institutional entrepreneurship, Selective adaptation