This book offers a strong contribution to the growing field of
institutional economics, going beyond the question of why
institutions matter and examines the ways in which different types
of institutions are conducive to the enhancement of competitiveness
and economic development. Adopting a variety of approaches, ranging
from New Institutional Economics, Public Choice, Constitutional
Political Economy and Austrian Economics, to more traditional
economic approaches, contributors examine the important issues of
interest to development economics. This book asks whether democracy
is a pre-condition for economic development, what the proper role
of government is in the age of globalization and whether successful
government led policies were the cause of South Korea's economic
development. As well as these key questions, the book covers the
issues of whether the government should rely on the market process
to encourage economic development or must they interfere, and by
what criteria one can judge a proposal for policies for economic
prosperity. The book tries to make a contribution by introducing a
variety of perspective, some argue in favour of industrial policies
while others argue for a lesser role for the government and a
greater entrepreneurial freedom. Some question the wisdom of
promoting democracy as a necessary condition for economic
development while others argue that political liberalization is the
basis of lasting competitive edge of an economy. The book should be
of great interest to students and researchers in need of a
multi-perspective collection covering several approaches to the
issues of institutional economics and national competition.
General
Imprint: |
Routledge
|
Country of origin: |
United Kingdom |
Series: |
Routledge Frontiers of Political Economy |
Release date: |
July 2011 |
First published: |
2012 |
Editors: |
Young Back Choi
|
Dimensions: |
234 x 156 x 20mm (L x W x T) |
Format: |
Hardcover
|
Pages: |
238 |
ISBN-13: |
978-0-415-60026-2 |
Categories: |
Books >
Business & Economics >
Economics >
Political economy
Promotions
|
LSN: |
0-415-60026-X |
Barcode: |
9780415600262 |
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