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This book offers a strong contribution to the growing field of institutional economics, going beyond the question of why institutions matter and examining the ways in which different types of institutions are conducive to the enhancement of competitiveness and economic development.
List of contents
Foreword
James M. Buchanan. Why Institutions Matter? [Reprint of a letter to the KIEA]
Oliver Williamson. Acknowledgment
Sung-Hee Jwa. Preface
Young Back Choi 1. Democracy and Prosperity
Randall Holcombe 2. Competition among Governments: The State's Two Roles in a Globalized World
Viktor Vanberg 3. Rent-Extraction, Liberal Reform, and Economic Development: Liberal Institutions as "Permanent" Sources of Competitive Advantage
Roger Congleton 4. Institutions for Economic Prosperity
Young Back Choi 5. Science, Scientific Institutions, and Economic Progress
Yong Joon Yoon 6. University and Industry Linkages: The Case of Korea
Joon Mo Yang 7. Institutions and Industrial Policy: The Case of Heavy-Chemical Industries in Korea 1973-79
Sung Sup Rhee 8. Myth about Korea's Rapid Growth
Jung Ho Yoo 9. The New Institutional Economy and the New Traditional Economy in Korea: Does the Confucian Tradition Give It a Competitive Edge?
Barkely Rosser, jr. and
Marina V. Rosser 10. The Effect of Fiscal Drag on Tax Revenue and Tax Burden
Sung-Kyu Lee 11. Alternative Visions of Incomplete Property Rights
Miah Dulal and
Yasushi Suzuki 12. Economic Development and Institutions
Seung Hee Jwa and
Yong Yoon
About the author
Young Back Choi is Professor of Economics at St. John’s University, New York, USA, and a faculty associate of the Colloquium on Market Institutions and Economic Processes at New York University, USA.
Summary
This book offers a strong contribution to the growing field of institutional economics, going beyond the question of why institutions matter and examining the ways in which different types of institutions are conducive to the enhancement of competitiveness and economic development.
