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List of Tables and Figures=xi

Preface=xiii

Acknawledgments=xv

1. Introduction=1

Economic Growth=1

Explanations for Growth=4

Institutions and Organizations=9

A Road Map=11

Questions for Discussion=12

Notes=12

2. Dependency Theory and Neoclassical Growth Theory=13

Dependency Theory=13

Neoclassical Growth Theory=17

Questions for Discussion=23

Notes=24

3. The Coase Theorem: The Link to Institutions=25

Economic Efficiency=25

Transaction Costs=26

The Coase Theorem=29

Link to Institutions=32

Questions for Discussion=33

Notes=34

4. Institutions and Economic Growth: The Static Case=35

The Theory=35

Questions for Discussion=45

Notes=46

5. Institutions and Economic Growth: The Dynamic Case=47

Institutions and Technological Change=47

The Persistence of Poor Economic Performance=51

Questions for Discussion=54

Notes=54

6. The Polity as Creator of Institutions=55

The Sovereign Ruler=57

The Congress=59

Market-Preserving Federalism=62

Limiting Corruption=64

Questions for Discussion=66

Notes=67

7. Transition from Socialism to Capitalism=69

East Germany Versus West Germany=69

The Merger=73

Macroeconomic Issues=75

Microeconomic Issues=79

Questions for Discussion=85

Notes=85

8. Poland and Russia in Transition=87

Poland=87

Macroeconomic Issues=88

Microeconomic Issues=90

Political and Social Issues=92

Russia=93

Macroeconomic Issues=97

Microeconomic Issues=100

Polish and Russian Transitions Contrasted=105

Questions for Discussion=109

Notes=109

9. Institutions and Economic Development=113

The Informal Economy=115

Import Substitution Industrialization Versus Export-Led Policies=119

Questions for Discussion=125

Notes=125

10. Mexico and South Korea in Development=127

Mexico=127

South Korea=134

Mexican and South Korean Development Contrasted=138

Questions for Discussion=141

Notes=142

11. China in Transition and Development=143

China=143

Mainland China=144

The Incorporation of Hong Kong=152

Questions for Discussion=154

Notes=154

12. Conclusion=157

Notes=159

Index=161

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Institutions, transition economies, and economic development 이용현황 표 - 등록번호, 청구기호, 권별정보, 자료실, 이용여부로 구성 되어있습니다.
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알라딘제공
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 in answering these questions. But the New Institutional Economics, a rapidly growing body of economic theory, may provide the answers. Timothy Yeager's Institutions, Transition Economies, and Economic Development clearly explains the New Institutional Economics, and applies its tenets to the transition economies of Poland and Russia. Readers will gain a perspective on transition and developing economies that has never been explored before in a single book.

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.

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