The Institutional Economics of the International Economy / Edition 1

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The Institutional Economics of the International Economy is a current and comprehensive examination of international economic issues within the framework of institutional economics. The volume covers the most important international topics that institutional economists historically have addressed.
One finds that evolutionary and neoclassical thinking converge and sometimes overlap on the matter of trends and problems of the international economy. A case in point is the increased attention both schools devote to the role of technology in shaping patterns of world trade and specialization.
This volume expands and stimulates this discourse on the economics of international relations, including global economic development.

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Editorial Reviews

From the Publisher
'All in all, I highly recommend the book. ... much can be learned from the chapters, and one or more may well spark an interest in a field that the reader never before considered. I know that was the case with me.'
Journal of Economic Issues, XXXII (1998)
A current, comprehensive examination of evolving international economic issues within the framework of institutional economics. The 12 contributions are divided into four sections: the theoretical foundations of international economic relations; international trade and foreign investment; labor, resources, and technology in the international economy; and institutional change in the international economy. Annotation c. by Book News, Inc., Portland, Or.
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Product Details

  • ISBN-13: 9780792397250
  • Publisher: Springer Netherlands
  • Publication date: 4/30/1996
  • Edition description: 1996
  • Edition number: 1
  • Pages: 255
  • Product dimensions: 9.21 (w) x 6.14 (h) x 0.69 (d)

Table of Contents

Figures. Tables. Preface. Introduction; J. Adams, A. Scaperlanda. I: Theoretical Foundations of International Economic Relations. 1. International Economic Affairs as Viewed from a Veblen-Ayres Perspective; H.E. Jensen. 2. Foreign Investment, Economic Growth, and Theories of Value: Evidence from Economic History; A. Mayhew. 3. Theory and Praxis of the Emerging Global Economy; M.D. Lower. II: International Trade and Foreign Investment. 4. Institutional Coordination, Transactions Costs, and World Trade; J. Adams. 5. Trade and the Role of Cities: What Does Institutionalism Have to Offer Us? P.K. Kresl. 6. Multinational Enterprise Expansion from an Institutionalist Perspective; A. Scaperlanda. III: Labor, Resources, and Technology in the International Economy. 7. Technology Transfer, Economic Development, and the Perpetuation of Poverty: Resource Creation Versus Frugality; T.R. DeGregori. 8. Technology and Third-World Development: A Twenty- to Thirty-Year Retrospective; D.D. James. 9. Labor Migration and Urban Employment in Developing Countries: The Impact of Population Growth and Property Institutions; W.E. Cole. IV: Institutional Change in the International Economy. 10. Institutional Adjustment and Economic Development: Insights from the Etiology of Privatization; W.P. Glade. 11. Institutional Reform of the International Monetary Regime; A. Scaperlanda. 12. A World of Nations and the United Nations; W.C. Gordon. Epilogue: The Influences of Wendell C. Gordon; J. Adams. Index.

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