Institutional Analysis and Praxis: The Social Fabric Matrix Approach

The Social Fabric Matrix Approach (SFM-A) is a rigorous and holistic methodology for undertaking policy-relevant, complex systems research. This book contains both extensive applications of the SFM-A to contemporary issues and chapters that embed applied research in relevant theoretical, philosophical, and methodological frameworks. It offers a balance of applications through case studies across regions and topics that span areas of finance, development, education, and environment, to name a few. This book creates new ways of using the SFM and forges previously unexplored connections between institutional economics and other areas of study such as financial markets, micro credit, political economy and sustainable development, thus contextually refining the SFM-A. This book complements F. Gregory Hayden’s Policymaking for a Good Society: The Social Fabric Matrix Approach to Policy Analysis and Program Evaluation.