Christopher J. Coyne, Mercatus Center and Department of Economics and Peter T. Leeson, Duncan Black Professor of Economics and Law, Department of Economics, George Mason University, US

‘Media, Development, and Institutional Change is substantively about the relationship between the media and economic development. But in the course of pursuing this issue, Coyne and Leeson also present the clearest exposition yet in print of the "New Comparative Political Economy", of which the book itself also constitutes an excellent example. This fact alone makes the book worth reading for all economists interested in the market process and institutional change, regardless of whether or not they are interested in the particular subject of the role of free media in development.'

• Contents: 1. The Big Picture: Media, Development, and Institutional Change 2. The Reformers’ Dilemma 3. The Determinants of Media Effectiveness 4. Inside the Black Box: Media Freedom, Political Knowledge, and Participation 5. Case Studies of Media, Institutions, and the Reformers’ Dilemma 6. Conclusion – Implications for Policy Index