(Paperback)

Numerous case studies and empirical investigations have demonstrated the importance, and merits and drawbacks of such institutions. This book builds on these studies and constructs a toolkit of theoretical models to analyze them. It examines the theory of private institutions that transcend or supplement weak economic governance from the state.

(Paperback)

This text looks for an improved understanding of the politics of economic policy-making from a transaction cost perspective. It uses US fiscal policy and the General Agreement on Tariffs and Trade (GATT) as two examples that illustrate the framework.