Analysing constitutional reform in Britain: Insights from economic approaches

Over the last decade, the British state has been profoundly restructured. These changes challenge scholars to develop accounts capable of providing a unified analysis of the various reforms and of enabling their effects to be identified. While there is now a large literature on constitutional change in Britain, most of these studies focus on individual institutions and neglect the reforms’ collective nature and effects. To develop a more unified analysis of the reforms and their consequences, we need an account of what institutions are and of how they work. Economic analyses of institutions provide such an account, helping us to identify the common operating logics that underpin different institutions along with their effects. Insights from the economic approach to institutions are drawn on to explore how the constitutional reforms in Britain affect the distribution of decision-making authority and the nature of political accountability.