Neo-Institutionalism: A Sociological View Of Institutions And Policies

What is Neo-Institutionalism?The term neo-institutionalism or new institutionalism is referred to the school of thought that focuses on developing a sociological view of institutions, the methods used by them to interact as well as the way they affects the society. This school of thought provides the policy makers a unique way of viewing institutions that is outside the traditional views of economy by explaining how as well as why institutions…