Institutional complementarity refers to situations of interdependence among institutions. This concept is frequently used to explain the degree of institutional diversity that can be observed across and within socio-economic systems, and its consequences on economic performance. In particular, the concept of institutional complementarity has been used to illustrate why institutions are resistant to change and why introducing new institutions into a system often leads to unintended, sometimes suboptimal, consequences.
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| - Complementariedad institucional (es)
- Institutional complementarity (en)
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| - La complementariedad institucional se refiere a situaciones de interdependencia entre instituciones. Este concepto se utiliza con frecuencia para explicar el grado de diversidad institucional que se puede observar en los sistemas socioeconómicos y dentro de ellos, además de sus consecuencias sobre el desempeño económico. En particular, el concepto de complementariedad institucional se ha utilizado para ilustrar por qué las instituciones se resisten al cambio y por qué la introducción de nuevas instituciones en un sistema podría conducir a consecuencias no deseadas, a veces subóptimas. (es)
- Institutional complementarity refers to situations of interdependence among institutions. This concept is frequently used to explain the degree of institutional diversity that can be observed across and within socio-economic systems, and its consequences on economic performance. In particular, the concept of institutional complementarity has been used to illustrate why institutions are resistant to change and why introducing new institutions into a system often leads to unintended, sometimes suboptimal, consequences. (en)
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| - Institutional complementarity refers to situations of interdependence among institutions. This concept is frequently used to explain the degree of institutional diversity that can be observed across and within socio-economic systems, and its consequences on economic performance. In particular, the concept of institutional complementarity has been used to illustrate why institutions are resistant to change and why introducing new institutions into a system often leads to unintended, sometimes suboptimal, consequences. Approaches, based on the concept of institutional complementarities, have found applications across a wide range of institutional spheres, going from firm governance and industrial relations to varieties of capitalism and political reforms. Formal models have also been developed to study the nature and consequences of institutional complementarity. After a brief description of the canonical formal representation of institutional complementarity, the most relevant domains of applications will be discussed. (en)
- La complementariedad institucional se refiere a situaciones de interdependencia entre instituciones. Este concepto se utiliza con frecuencia para explicar el grado de diversidad institucional que se puede observar en los sistemas socioeconómicos y dentro de ellos, además de sus consecuencias sobre el desempeño económico. En particular, el concepto de complementariedad institucional se ha utilizado para ilustrar por qué las instituciones se resisten al cambio y por qué la introducción de nuevas instituciones en un sistema podría conducir a consecuencias no deseadas, a veces subóptimas. (es)
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