Institutions, Transition Economies, And Economic Development

Nonfiction, Social & Cultural Studies, Political Science
Cover of the book Institutions, Transition Economies, And Economic Development by Tim Yeager, Taylor and Francis
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Author: Tim Yeager ISBN: 9780429979392
Publisher: Taylor and Francis Publication: February 7, 2018
Imprint: Routledge Language: English
Author: Tim Yeager
ISBN: 9780429979392
Publisher: Taylor and Francis
Publication: February 7, 2018
Imprint: Routledge
Language: English

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.

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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.

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