Institutions assist in coordination, but encouraging the emergence of good
institutions is itself a coordination problem. Three barriers to building and
supporting institutions are important:
Organizing dispersed interests-it takes more for people to come together and
build a school than it takes for them to build individual homes.
Forging credible commitments-it takes more to commit to helping each other in
the future and over a longer period than to helping each other today.
Promoting greater inclusiveness-it takes more to coordinate for the common good
when access to assets and voice are exclusive, unequal, and undemocratic.
