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Institutions, Transition Economies, And Economic Development Tim Yeager

Institutions, Transition Economies, And Economic Development By Tim Yeager

Institutions, Transition Economies, And Economic Development by Tim Yeager

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Summary

This book explains the main elements of the New Institutional Economics and applies that theory to transition and developing economies. It explores the merger of East and West Germany, the transition experiences of Poland and Russia, and the developing economies of Mexico and South Korea.

Institutions, Transition Economies, And Economic Development Summary

Institutions, Transition Economies, And Economic Development by Tim Yeager

Why are some nations wealthy while others are desperately poor? Despite the rapid advancement of technology and the free flow of information provided by computers, many poor nations are falling further behind the wealthy nations of the world. Why is it that these poorer nations cannot catch up? Until recently, economic theory provided limited help

About Tim Yeager

Timothy J. Yeager received his Ph.D. from Washington University. He wrote Institutions, Transition Economies, and Economic Development while teaching at Humboldt State University. He currently works at the Federal Reserve in St. Louis.

Table of Contents

Introduction -- Dependency Theory and Neoclassical Growth Theory -- The Coase Theorem: The Link to Institutions -- Institutions and Economic Growth: The Static Case -- Institutions and Economic Growth: The Dynamic Case -- The Polity as Creator of Institutions -- Transition from Socialism to Capitalism -- Poland and Russia in Transition -- Institutions and Economic Development -- Mexico and South Korea in Development -- China in Transition and Development -- Conclusion

Additional information

NPB9780367316297
9780367316297
0367316293
Institutions, Transition Economies, And Economic Development by Tim Yeager
Tim Yeager
New
Hardback
Taylor & Francis Ltd
2019-08-28
184
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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