This comprehensive two-volume collection brings together seminal contributions by leading scholars on institutions and governance in developing countries. Volume one analyses key theoretical perspectives on institutions and the empirical evidence of the role of institutions in economic development. Volume two further explores the literature, with important contributions in governance, the historical evidence on why institutions matter, formal and informal institutions and the key policy issues that originate from the literature.

Along with a new and original introduction, this essential collection is an indispensable tool for scholars and practitioners alike.