“The institutional perspective explains the present through its origins… [and] says that past events determine the course of history. An opposing perspective is the voluntarist perspective that says that everything can change by decision of the actors.”
WPF: The following article, authored by Rene Mendoza, Edgar Fernandez and Klaus Kuhnekath, reflects a key issue for development of the cooperative/organizational model in Nicaragua, i.e. getting beyond the crop lien system of financing coffee production.
Path-dependent institution or social indetermination: Critical geneology of the crop lien system in coffee