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Institutional Economics
This thoroughly revised, extended and updated edition of a critically acclaimed textbook provides an accessible and cohesive introduction to the burgeoning discipline of institutional economics. Requiring only a basic understanding of economics, this lucid and well-written text will be essential reading for undergraduate and postgraduate students wanting to understand the problems of the real world Ð such as entrepreneurship, innovation, the cost of the welfare state, international financial crises, and economic development. As institutional economics is now revolutionising policy making, the book can also serve as a guide to the pressing problems facing policy makers in mature and emergent countries alike. Key features include: ¥ A short ÔPrimerÕ at the beginning of each chapter to highlight the main issues and their relevance. ¥ Key Concepts such as ÔinstitutionsÕ, Ôeconomic orderÕ, Ôcoordination costsÕ, ÔcompetitionÕ and Ôpublic policyÕ are highlighted and clearly defined. ¥ International coverage is ensured as the three authors, experienced academic teachers, work in the US, Europe and the Asia Pacific.
Institutional Economics
A dense textbook for students and others with a basic understanding of economics. Introduces the idea of institutions as rules that constrain possibly opportunistic human behavior, protect individual spheres of freedom, help avoid or mitigate conflicts, and enhance the division of labor and knowledge, thereby promoting prosperity, which Wolfgang and Streit value over comfort. Under foundations they discuss human behavior, fundamental human values, and individual rules. Their applications include the institutional foundations of capitalism, the dynamics of competition, economic organizations, public policy as collective action, the international dimension, the evolution of institutions, alternative economic systems, and reforming the mixed economies. Annotation copyrighted by Book News, Inc., Portland, OR
The Third World Debt Crisis
Questions the belief that foreign debt is a major cause of poverty in Third World countries. Includes commentaries by Wolfgang Kasper, Ray Block, Peter Jonson and Stephen Hoadley. The author is an emeritus professor of economics at the London School of Economics.
Why Constitutions Matter
As countries in the twentieth and twenty-first centuries change from colonialist to independent rule, or from a socialist to a democratic society, the need for a written constitution becomes apparent. Countries in the former Soviet Union, Africa, or nations once part of the British Empire face social, economic, and humanitarian problems as they experiment with democratic rule. Such issues as clearly defining where sovereignty lies, how much power is given to the people, and what rights are possessed by a nation's citizenry are new to these countries. While a constitution, being a man-made document, is subject to interpretation and does not always delineate in a lucid framework its parameters...
The Theory of Dynamic Efficiency
This book gathers a collection of multidisciplinary essays by Jess Huerta de Soto, examining the dynamic processes of social cooperation which characterize the market, with particular emphasis on the role of both entrepreneurship and institutions.
Trevor Winchester Swan, Volume I
This book, the first of two volumes, explores the legacy of Trevor Winchester Swan, often described as Australia’s greatest ever economist. An insightful biography is accompanied with Swan’s most prominent articles to provide a broad view of his life and work. Particular attention is given to the famous Swan Diagram, known among macroeconomists worldwide, Swan’s four zones of economic unhappiness, his view of how economies grew based on capital deepening and technical progress, and the Solow-Swan model of economic growth. This book aims to shed light on the enigmatic and influential life of Trevor Winchester Swan. It will be relevant to students and researchers interested in the history of economic thought.
Chinese Firms and Technology in the Reform Era
In Chinese Firms and Technology in the Reform Era, Yizheng Shi analyses the technological behaviour of state- owned firms. In particular he shows how they have imported, utilised and assimilated foreign technology into their operations. The author argues that despite being granted more autonomy and having to face increased competition, Chinese firms are still not motivated to assimilate properly imported technology because of the absence of well- delineated property rights.
Switzerland Economy
What is Switzerland Economy The economy of Switzerland is one of the world's most advanced and a highly-developed free market economy. The economy of Switzerland has ranked first in the world since 2015 on the Global Innovation Index and third in the 2020 Global Competitiveness Report. According to United Nations data for 2016, Switzerland is the third richest landlocked country in the world after Liechtenstein and Luxembourg. Together with the latter and Norway, they are the only three countries in the world with a GDP per capita (nominal) above US$90,000 that are neither island nations nor ministates. How you will benefit (I) Insights, and validations about the following topics: Chapter 1:...
