The idea of path dependence is one popularized by the renowned Nobel Laureate Douglas North. The basic idea can be summarized as the following: "Actions in the present are constrained by actions in ...

This is a preview. Log in through your library . Abstract Studies on societal path dependencies tend to focus on mechanisms that anchor and stabilize national trajectories while paying less attention ...

JPKE is a scholarly journal of innovative theoretical and empirical work that examines contemporary economic problems. It is committed to the principle that the cumulative development of economic ...