Industrialization

About ITSR Lab

Industrial Technology and Society Research (ITSR) Lab is a Think-tank that carries out research on industrialization in the developing world with the intent of informing government policy and nurturing evidence-based societal discussions on issues pertaining to economic growth.
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Institutions…What are they?…Why are they important?

I had hinted in previous posts about the need to do a series on institutions and the critical role they play in development. This is the first of such posts and perhaps there is no better place to start than to ask what are institutions anyway?

An institution is a humanly devised structure of rules and norms that shape and constrain individual behavior `{`1`}`. Institutions are building blocks of social order: they represent socially sanctioned, that is, collectively enforced expectations with respect to the behavior of specific categories of actors or to the performance of certain activities `{`2`}`.

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How South Korea got Rich

I had mentioned in my last post that I was going to embark on a series of posts about Institutions. Given that I have to do some original research on the subject they will take some time. In a side task I had been preparing a write up on the South Korean economic development story for an On Air Personality (OAP), in the hope that it could serve as the basis of a radio program. I have decided to turn that write up into a post and in order to save time and effort, I am reproducing the original write up almost verbatim.
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Latest articles

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that inspire action on the topics you care about.
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For the past four posts I have been discussing achievements in science and technology on the African continent in times […]

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