||||"Chaudry has written three books in one. The most important is an account of the connection between Saudi Arabia's government and economy. Using previously unknown Saudi archival material, her chapter on the 1914–73 period is spectacularly rich."―
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, th...
[PDF.xc62] The Price of Wealth: Economies and Institutions in the Middle East (Cornell Studies in Political Economy) Rating: 4.57 (735 Votes)
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