Multiregional

CIPE’s Global and Knowledge Management programs are designed to develop cross-cutting themes and projects that provide new insights, capture lessons learned from CIPE’s work, share information across regional departments and among CIPE partners, and develop new areas of expertise to shape worldwide debates on the interdependence of democracy and market reform. Global and Knowledge Management programs serve as a crucial resource for CIPE partners and staff while gathering and disseminating valuable institutional knowledge. Global programs and resources bolster CIPE’s overall activities while expanding international outreach and understanding on reform issues. These programs focus on a variety of areas, including anti-corruption, corporate governance, business association development, access to information, women’s empowerment, entrepreneurship, and youth engagement. 

Publication by Region

Remembering Ronald Coase's Legacy

Article at a glance:

  • Ronald Coase pioneered the work on transaction cost, which was transformative to economics at large.
  • The International Society for New Institutional Economics (ISNIE) continues Coase’s work and celebrates his legacy.
  • Oliver Williamson commemorates Coase, who was known for generously sharing credit for his work.

Future Directions of Research in the Coasean Tradition

Article at a glance:

  • Ronald Coase’s key insights about the theory of the firm and transaction costs continue to influence the economic research agenda today.
  • Within a firm, the price system and constantly contracted tasks would be more costly than authoritative allocation of resources and labor.
  • The implication of Coase’s work for corporate governance and the imperfect aspects of prices as a coordinating mechanism in the economy require further research.

CIPE

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