The Institutional Economics of the International Economy

Editors: Adams, John, Scaperlanda, Anthony (Eds.)

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About this book

This book is the outgrowth of the editors' conviction that there is a need for 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. We hope that our initiative and necessarily limited choice of subjects will encourage additional applications of institutional economic theory to the international economy. For other economists, the analyses contained in the volume's dozen chapters afford an opportunity to become more aware of the theoretical work and policy recommendations of institutional economists. It may be surprising that, to an extent, evolutionary and neoclassical thinking converge and even 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. In the past few decades, global shifts in comparative advantages, the widespread adoption of more flexible exchange­ rate systems, and the remarkable shifts in institutional arrangements and policy regimes in the former Soviet Union and East Asia have compelled a reassessment of conventional static trade theories based on neoclassical assumptions. Links among trade, international investment, and the diffusion of economic growth are being more closely scrutinized and better understood. This volume is an effort to expand and stimulate this discourse on the economics of international relations, including global economic development.

Reviews

`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)

Table of contents (14 chapters)

  • The Institutional Economics of the International Economy

    Adams, John (et al.)

    Pages 1-10

  • International Economic Affairs as Viewed from a Veblen-Ayres Perspective

    Jensen, Hans E.

    Pages 13-33

  • Foreign Investment, Economic Growth, and Theories of Value: Evidence from Economic History

    Mayhew, Anne

    Pages 35-45

  • Theory and Praxis of the Emerging Global Economy

    Lower, Milton D.

    Pages 47-63

  • Institutional Coordination, Transactions Costs, and World Trade

    Adams, John

    Pages 67-86

Buy this book

eBook $149.00
price for USA (gross)
  • ISBN 978-94-009-1820-7
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $199.00
price for USA
  • ISBN 978-0-7923-9725-0
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $199.00
price for USA
  • ISBN 978-94-010-7311-0
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
The Institutional Economics of the International Economy
Editors
  • John Adams
  • Anthony Scaperlanda
Copyright
1996
Publisher
Springer Netherlands
Copyright Holder
Kluwer Academic Publishers
eBook ISBN
978-94-009-1820-7
DOI
10.1007/978-94-009-1820-7
Hardcover ISBN
978-0-7923-9725-0
Softcover ISBN
978-94-010-7311-0
Edition Number
1
Number of Pages
XX, 255
Topics