Institutions, Transition Economies, And Economic Development


By Tim Yeager

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Trade Paperback


Trade Paperback $41.00

This item is a preorder. Your payment method will be charged immediately, and the product is expected to ship on or around April 16, 1999. This date is subject to change due to shipping delays beyond our control.

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.


On Sale
Apr 16, 1999
Page Count
184 pages
Avalon Publishing

Tim Yeager

About the Author

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.

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