The Price of Wealth

The Price of Wealth

The emerging consensus that institutions shape political and economic outcomes has produced few theories of institutional change and no defensible theory of institutional origination. Kiren Aziz Chaudhry shows how state and market institutions are created and transformed in Saudi Arabia and Yemen, two countries that typify labor and oil exporters in the developing worlds.

In a world where the international economy dramatically affects domestic developments, the question… (more)

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Book Details  


Publisher: Cornell University Press (November 06, 2015)

Collection: Cornell Studies in Political Economy

Parent ISBN: 9780801431647

Page count: 352 pages

Language: English


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