September 15, 2009

Media, Development, and Institutional Change

  • Christopher Coyne

    Associate Director, F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics
  • Peter Leeson

    Senior Fellow, F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics
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Media, Development, and Institutional Change investigates mass media's profound ability to affect institutional change and economic development. The authors use the tools of economics to illuminate the media's role in enabling and inhibiting political-economic reforms that promote development.

The book explores how media can constrain government, how governments manipulate media to entrench their power, and how private and public media ownership affects a country's ability to prosper. The authors identify specific media-related policies that governments of underdeveloped countries should adopt if they want to grow. They illustrate why media freedom is a critical ingredient in the recipe of economic development and why even the best-intentioned state involvement in media is more likely to slow prosperity than to enhance it. Scholars and students of economics, political science and sociology; policy-makers, analysts and others in the development community; and academics in media studies will find this book insightful and provocative.

Citation (Chicago Style)

Coyne, Christopher and Peter T. Leeson. "Media, Development and Institutional Change." New Thinking in Political Economy. Cheltenham, UK: Edward Elgar, 2009.