Institutional Economics of the International Economy

'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)

• I. Theoretical Foundations of International Economic Relations.- 1 International Economic Affairs as Viewed From a Vehlen-Ayres Perspective.- 2 Foreign Investment, Economic Growth, and Theories of Value: Evidence from Economic History.- 3 Theory and Praxis of the Emerging Global Economy.- II. International Trade and Foreign Investment.- 4 Institutional Coordination, Transactions Costs, and World Trade.- 5 Trade and the Role of Cities: What Does Institutionalism Have to Offer Us?.- 6 Multinational Enterprise Expansion from an Institutionalist Perspective.- III. Labor, Resources, and Technology in the International Economy.- 7 Technology Transfer, Economic Development, and the Perpetuation of Poverty: Resource Creation Versus Frugality.- 8 Technology and Third-World Development: A Twenty- to Thirty-Year Retrospective.- 9 Labor Migration and Urban Employment in Developing Countries: The Impact of Population Growth and Property Institutions.- IV. Institutional Change in the International Economy.- 10 Institutional Adjustment and Economic Development: Insights from the Etiology of Privatization.- 11 Institutional Reform of the International Monetary Regime.- 12 A World of Nations and the United Nations.- Epilogue.- The Influences of Wendell C. Gordon.