This book aims at reviewing the application of neo-institutional economics. Chapter 1 studies the impact of formal and informal institutional arrangements on provisions of fittings in Hong Kong, Boston and Nanjing. Chapter 2 reviews the invitation to treat and invitation to offer in shops based on transaction costs theory. Chapter 3 proposes that the enforcement of private property rights is important in a country's economic growth. Chapter 4 sheds light on the the linkage between legal enforcement and firms'size. Chapter 5 studies the FDI spillover effect on African economy.

Rita Yi Man Li es profesora del Departamento de Economía y Finanzas de la Universidad Shue Yan de Hong Kong. Antes de unirse a Shue Yan, enseñó en la Universidad Politécnica de Hong Kong y en la Universidad de Hong Kong. En los últimos cuatro años, ha publicado más de 50 artículos y ha recibido numerosos premios / becas.