Development economics Books

Book SynopsisThis text presents the 'basic documents' on purchasing power parity theory and practice that will be useful to currency analysts, policymakers and scholars.Trade Review’. . . the compendium is worth reading by anyone who is interested in the understanding, history, importance and the empirical evidence of the ppp.’ -- Jan-Christoph Rülke, Jahrbucher fur Nationalokonomie und Statistik’The realignment of the dollar, the “true” value of the Chinese yuan, the expansion of the euro block, and the pricing of Big Macs around the world all relate to purchasing power parity. In short, never before has there been so much interest in the PPP theory of exchange rates and after a controversial history of ups and downs, the idea now seems here to stay. Manzur’s book presents in one convenient place the “basic documents” on PPP theory and practice that will be invaluable to currency analysts, policymakers and scholars everywhere.’ -- Kenneth W. Clements, The University of Western AustraliaTable of ContentsContents: Acknowledgements Introduction Meher Manzur and Felix Chan 1. Gustav Cassel (1916), ‘The Present Situation of The Foreign Exchanges’ 2. Gustav Cassel (1920), ‘Further Observations on the World’s Monetary Problem’ 3. Yihui Lan (2002), ‘The Explosion of Purchasing Power Parity’ 4. Bela Balassa (1964), ‘The Purchasing-Power Parity Doctrine: A Reappraisal’ 5. Paul A. Samuelson (1964), ‘Theoretical Notes on Trade Problems’ 6. Peter Isard (1977), ‘How Far Can We Push the “Law of One Price”?’ 7. Jacob A. Frenkel (1978), ‘Purchasing Power Parity: Doctrinal Perspective and Evidence from the 1920s’ 8. Michael Adler and Bruce Lehman (1983), ‘Deviations from Purchasing Power Parity in the Long Run’ 9. Dean Corbae and Sam Ouliaris (1988), ‘Cointegration and Tests of Purchasing Power Parity’ 10. Craig S. Hakkio (1984), ‘A Re-examination of Purchasing Power Parity: A Multi-Country and Multi-Period Study’ 11. Niso Abuaf and Philippe Jorion (1990), ‘Purchasing Power Parity in the Long Run’ 12. Meher Manzur (1990), ‘An International Comparison of Prices and Exchange Rates: A New Test of Purchasing Power Parity’ 13. James R. Lothian and Mark P. Taylor (1996), ‘Real Exchange Rate Behavior: The Recent Float from the Perspective of the Past Two Centuries’ 14. Jeffrey A. Frankel and Andrew K. Rose (1996), ‘A Panel Project on Purchasing Power Parity: Mean Reversion Within and Between Countries’ 15. Panos Michael, A. Robert Nobay and David A. Peel (1997), ‘Transactions Costs and Nonlinear Adjustment in Real Exchange Rates: An Empirical Investigation’ 16. Mark P. Taylor and Lucio Sarno (1998), ‘The Behaviour of Real Exchange Rates during the Post-Bretton Woods Period’ 17. Charles Engel (2000), ‘Long-Run PPP May Not Hold After All’ 18. Li Lian Ong (1997), ‘Burgernomics: The Economics of the Big Mac Standard’ 19. Kenneth Rogoff (1996), ‘The Purchasing Power Parity Puzzle’ Name Index

Read more less

Book SynopsisBuilding on Oliver Williamson's original analysis, the contributors introduce new ideas, different perspectives and provide tools for better understanding changes in the approach to regulation, the reform of public utilities, and the complex problems of governance. They draw largely upon a transaction cost approach, highlighting the challenges faced by major economic sectors and identifying critical flaws in prevailing views on regulation. Deeply rooted in sector analysis, the book conveys a central message of new institutional economics: that theory should be continuously confronted by facts, and reformed or revolutionized accordingly. With its emphasis on the institutional embeddedness of regulatory issues and the problems generated by the 'benign neglect' of institutional factors in the reform of major public utilities, this book will provide a wide-ranging audience with challenging views on the dynamics of regulatory approaches. Economists, political scientists, postgraduate students, researchers and policymakers with an interest in institutional economics and economic organization will find the book to be a stimulating and enlightening read.Trade Review'After 25 years of industry restructuring, regulatory reform and deregulation across many industrial sectors in many countries, it is an appropriate time to take stock of the impacts of these reforms on consumers, producers and overall economic performance. This book contains the latest thinking on these issues by a distinguished international group of scholars. It's a collection of essays for our time that is well worth reading.' -- Paul L. Joskow, Massachusetts Institute of Technology, US'The most exciting development in the study of regulation in the past quarter century is research on the incentives that are created by the details of the procedures for creating and enforcing regulatory rules. This book brings together a rich collection of studies that collectively advance our understanding of the effect of regulatory governance on the performance of regulated firms, with important lessons about how to design more effective regulatory instruments and processes.' -- Roger G. Noll, Stanford University, US'Cycles of poorly-designed or weakly-enforced regulation, disappointing performance and political over-reaction are now familiar to students of regulated industries. Nourished by recent developments in the economics of incentives, including their transaction costs and property rights dimensions, and written by renowned experts in the field, Regulation, Deregulation, Reregulation is a must-read for all those interested in the economics and politics of regulation. A timely book, the publication of which coincides with the designing of a post-subprime regulatory framework for the financial industry.' -- Jean Tirole, Toulouse School of Economics, FranceTable of ContentsContents: Introduction Claude Ménard PART I: ANALYTICAL FRAMEWORK 1. Transaction Cost Economics: The Precursors Oliver E. Williamson 2. Property Rights Allocation of Common Pool Resources Gary D. Libecap 3. An Institutional Theory of Public Contracts: Regulatory Implications Pablo T. Spiller 4. Incentives and Transaction Costs in Public Procurement Steven Tadelis 5. From Technical Integrity to Institutional Coherence: Regulatory Challenges in the Water Sector Claude Ménard PART II: GOVERNANCE AND PERFORMANCE 6. Regulatory Governance and Sector Performance: Methodology and Evaluation for Electricity Distribution in Latin America Luis Andres, José Luis Guasch and Sebastián Lopez Azumendi 7. Vertical Relations and ‘Neutrality’ in Broadband Communications: Neither Market nor Hierarchy? Howard A. Shelanski 8. Deregulation, Efficiency and Environmental Performance: Evidence from the Electric Utility Industry Magali A. Delmas, Michael V. Russo, Maria J. Montes-Sancho and Yesim Tokat 9. The Achievement of Electricity Competitive Reforms: A Governance Structure Problem? Jean-Michel Glachant and Yannick Perez 10. The US Postal Service R. Richard Geddes PART III: ADAPTATION AND CHANGES 11. The Sarbanes–Oxley Act at a Crossroads Roberta Romano 12. Information Asymmetries and Regulatory Rate-Making: Case Study Evidence from Commonwealth Edison and Duke Energy Rate Reviews Adam Fremeth and Guy L.F. Holburn 13. Adaptation in Long-term Exchange Relations: Evidence from Electricity Marketing Contracts Dean V. Williamson 14. Why and How Should New Industries with High Consumer Switching Costs be Regulated? The Case of Broadband Internet in France Jackie Krafft and Evens Salies 15. The Puzzle of Regulation, Deregulation and Reregulation Michel Ghertman Index

Read more less

Book SynopsisCompetitive markets are now established in most successful economies but the question of what competition is and what it means for policy in developing countries is often overlooked. This book provides a refreshing and critical examination of the issues relating to market competition and competition policy. The book discusses competition from different theoretical perspectives and examines the implications these viewpoints have for policy. The contributors assess competitiveness in domestic markets and the impact of foreign competition. They also review the experiences of a range of countries in developing competition policy and examine both the strengths and weaknesses of these policies.Written in a non-technical manner, Competitive Advantage and Competition Policy in Developing Countries is addressed to policymakers, as well as academics, concerned with regulation and competition. It will also be of interest to regulators in dedicated agencies such as utility regulators, competition agencies and those dealing with regulatory impact assessment.Trade Review'This is an ambitious collection of essays, in an area that needs good research and formalization. It should appeal to someone interested in the nexus between competition and development in developing countries. . .' -- Abel M. Mateus, World Competition'. . . a very good overview of both industry specific and policy issues facing developing economies as they embrace competition policy. The authors should be congratulated for raising our awareness of an increasingly important area of competition development.' -- Ray Steinwall, Competition and Consumer Law JournalTable of ContentsContents: Preface 1. Introduction Paul Cook, Raul Fabella and Cassey Lee PART I: COMPETITION POLICY AND DEVELOPMENT 2. Competition and the Regulation of Economic Development John Stanley Metcalfe and Ronnie Ramlogan 3. Model Competition Laws Cassey Lee 4. Legal Traditions and Competition Policy Cassey Lee 5. Establishing Consumers as Equivalent Players in Competition Policy Kamala Dawar 6. Guanxi and Taipans: Market Power and the East Asian Model of Competition Raul Fabella PART II: EXPERIENCE WITH COMPETITION POLICY 7. Competition Policy and the Legal System in Brazil Germano Mendes de Paula 8. Competition Policy and Enterprise Development: The Role of Public Interest Objectives in South Africa’s Competition Policy Trudi Hartzenberg 9. Competitive Markets and Competition Policy in Indonesia Efa Yonnedi 10. Competition Policy in Malaysia Cassey Lee 11. Competition Policy and Competitive Markets in Bangladesh Selim Raihan PART III: COMPETITION AND COMPETITIVE ADVANTAGE 12. The Role of South African Competition Law in Supporting SMEs Kim Kampel 13. Globalization and Competition in the South African Wine Industry Joachim Ewert and Jeffrey Henderson 14. Foreign Competition and Growth: Bangladesh Manufacturing Industries Selim Raihan 15. Domestic Competition and Technological and Trade Competitiveness Yuichiro Uchida and Paul Cook Index

Read more less

Book SynopsisEcological Economics and Sustainable Development comprises a carefully chosen selection of some 25 articles, speeches, congressional testimonies, reviews, and critiques from the last ten years of Herman Daly's ever-illuminating work.This book seeks to identify the blind spots and errors in standard growth economics, alongside the corrections that ecological economics offers to better guide us toward a sustainable economy - one with deeper biophysical and ethical roots.Under the general heading of sustainability and ecological economics, many specific topics are here brought into relation with each other. These include: limits to growth; full-world versus empty-world economics; uneconomic growth; definitions of sustainability; peak oil; steady-state economics; allocation versus distribution versus scale issues; non-enclosure of rival goods and enclosure of non-rival goods; production functions and the laws of thermodynamics; OPEC and Kyoto; involuntary resettlement and development; resource versus value-added taxation; globalization versus internationalization; immigration; climate change; and the philosophical presuppositions of policy, including the policies suggested in connection with the topics above.This fascinating work will appeal to scholars and academics of ecological, environmental, development, and environmental resource economics and studies.Trade Review'This clear-thinking collection brings together 25 of Daly's essays, speeches, reviews and testimonials from the past decade. . . as a whole they provide a useful masterclass on the principles of ecological economics. Daly's vision, as well as his frustration with mainstream economists' refusal to engage with his arguments, comes through loud and clear.' -- New Scientist'It's hard to imagine ecological economics without the numerous and profound contributions of Herman Daly. These papers reveal the consistency of his analysis and clarity of exposition that have made him one of the most influential economists of his generation. Because of Herman Daly we have a much better understanding of how economies relate to the environment, why so much is wrong with this relationship and what must be done to fix it.' -- Peter Victor, York University, Canada'This thrilling compilation outlines the origins of the young discipline of ecological economics by the intellectual leader of the movement, Herman Daly. He recounts how, as a member of the recently demoted environment department at the World Bank, he integrated ecology with economics during his six years in the bowels of the beast. Herman lucidly and compellingly combines common sense with profound understanding of both economics and ecology to arrive at sustainable solutions to the global problematique. Herman's rigorous yet compassionate solutions to climate change, peak oil, globalization vs. internationalization, poverty reduction, and the unsung concept of scale leading to uneconomic growth, are precisely what we need to prevent the current liquidation of our beautiful world. This book will galvanize you into the action we need so much.' -- Robert Goodland, Environmental adviser, World Bank Group, 1978-2001'In this book, written in crystal clear style, Herman Daly reiterates the main points of his analysis and vision, he praises some teachers (John Ruskin, Frederick Soddy, Nicholas Georgescu-Roegen, Kenneth Boulding), he fearlessly attacks some adversaries in the World Bank and MIT, and he offers some advice to the government of his own country, to the Russian Duma, and especially to OPEC that, if followed, would change the world very much for the better. Finally, on a different line of thought, he interrogates conservation biologists on their reasons for wanting to keep biodiversity since, as biologists, they claim that evolution has no particular purpose. Why not let the Sixth Great Extinction run its course? In other words, science cannot provide an ethics of conservation, which Herman Daly finds in religion more than in democratization deliberations.' -- Joan Martinez-Alier, Universitat Autonòma de Barcelona, SpainTable of ContentsContents: Introduction PART I: BASIC CONCEPTS AND IDEAS 1. Limits to Growth 2. Economics in a Full World 3. The Challenge of Ecological Economics: Historical Context and Some Specific Issues PART II: ISSUES WITH THE WORLD BANK 4. Sustainable Development: Definitions, Principles, Policies 5. The Illth of Nations: Comments on World Bank World Development Report, 2003 6. Can We Grow Our Way to an Environmentally Sustainable World? PART III: ISSUES IN ECOLOGICAL ECONOMICS AND SUSTAINABLE DEVELOPMENT 7. Consumption and Welfare: Two Views of Value Added 8. Ecological Economics: The Concept of Scale and its Relation to Allocation, Distribution, and Uneconomic Growth 9. Sustaining Our Commonwealth of Nature and Knowledge 10. The Steady-State Economy and Peak Oil 11. How Long Can Neoclassical Economists Ignore the Contributions of Georgescu-Roegen? PART IV: TESTIMONY AND OPINION 12. Off-Shoring in the Context of Globalization 13. Invited Testimony to Russian Duma on Resource Taxation 14. Involuntary Displacement: Efficient Reallocation or Unjust Redistribution? 15. Sustainable Development and OPEC PART V: REVIEWS AND CRITIQUES 16. Can Nineveh Repent Again? 17. Beck’s Case Against Immigration 18. Hardly Green 19. The Return of Lauderdale’s Paradox 20. When Smart People Make Dumb Mistakes PART VI: GLOBALIZATION 21. Globalization versus Internationalization, and Four Reasons Why Internationalization is Better 22. Population, Migration, and Globalization PART VII: PHILOSOPHY AND POLICY 23. Policy, Possibility, and Purpose 24. Feynman’s Unanswered Question 25. Roefie Hueting’s Perpendicular “Demand Curve” and the Issue of Objective Value 26. Conclusions Index

Read more less

Book SynopsisChoice Experiments in Developing Countries is an invaluable one-stop presentation of the best-practice case studies implementing the choice experiment method in developing countries. It highlights the theoretical and practical issues that should be taken into consideration when applying this method in a developing country context.The expert contributors gather recent state-of-the-art choice experiment studies undertaken in several developing countries, in Africa, Asia, Latin America and the Caribbean. These focus on a variety of environmental and agricultural issues, underlining the versatility of this method in valuing a wide array of interventions (for example policies, public and private services, new technologies) and emphasizing the value of the method in informing efficient, effective and equitable policies for sustainable economic development.This work will be of great interest to academics and researchers of environmental economics, agricultural and resource economics, development, environmental management and planning, as well as national and international development agencies and NGOs. Civil servants and policymakers in developing countries will find the work and recommendations within this book engaging and inspirational.Trade Review‘Overall, this book is a wide-ranging compilation of choice experiment studies in developing countries. . . we hope that the applications of choice modelling techniques in this volume help convince researchers that asking poor respondents in developing countries complex questions about their preferences is feasible and encourages researchers to tackle more complex research protocols deigned to improve the accuracy and reliability of respondents answers to questions in choice experiments.’ -- From the foreword by W.L. (Vic) Adamowicz and D. WhittingtonTable of ContentsContents: Foreword 1. Introduction: The Roles and Significance of Choice Experiments in Developing Country Contexts Jeff Bennett and Ekin Birol PART I: USING CHOICE EXPERIMENTS TO INVESTIGATE ENVIRONMENTAL CONSERVATION AND ECONOMIC DEVELOPMENT TRADE-OFFS 2. A Choice Experiment of Human–Elephant Conflict Resolution in Sri Lanka Roy Brouwer, Wolfgang Haider, Lokugam Gunaratne and Ben Beardmore 3. Using Choice Experiments to Estimate Wetland Values in Viet Nam: Implementation and Practical Issues Thang Nam Do and Jeff Bennett 4. Fishing Permit Price and Wetland Conservation: A Choice Experiment on the Value of Improved Environmental Quality of Lake Awassa, Ethiopia Girma G. Selassie and Yiannis Kountouris 5. Researcher-Selected versus Respondent-Selected Attributes: Improved Coastal Water Quality in Tobago Nesha Beharry-Borg and Riccardo Scarpa PART II: USING CHOICE EXPERIMENTS TO INVESTIGATE ENVIRONMENTAL CONSERVATION AND ECONOMIC DEVELOPMENT TRADE-OFFS: THE CASE OF CHINA’S SLOPING LAND CONVERSION PROGRAMME 6. Estimating the Non-market Environmental Benefits of Land Use Change in China Xuehong Wang, Jeff Bennett, Chen Xie and Zhitao Zhang 7. Assessing the Sustainability of the Sloping Land Conversion Programme: A Choice Experiment Approach Pauline Grosjean, Andreas Kontoleon and Shiqiu Zhang PART III: USING CHOICE EXPERIMENTS TO ESTIMATE DEVELOPING COUNTRIES’ VALUATION OF UNIQUE ECOSYSTEMS 8. Non-use Values of Ecosystems Dependent on the Indus River, Pakistan: A Spatially Explicit, Multi-ecosystem Choice Experiment Ali Dehlavi, Ben Groom, Babar Naseem Khan and Amna Shahab 9. Ecosystem Service Valuation of Ruil (Nothofagus Alessandrii) Forests in Central Chile: An Application of the Choice Experiment Method Pablo Villalobos and Carlos Huenchuleo PART IV: USING CHOICE EXPERIMENTS TO INFORM EFFECTIVE AND EFFICIENT PROVISION OF PUBLIC AND PRIVATE GOODS AND SERVICES 10. Informing Efficient Solid Waste Management to Improve Local Environmental Quality and Public Health in West Bengal, India Sukanya Das, Ekin Birol and Rabindra N. Bhattacharya 11. Farmers’ Choice between Public Goods and Agricultural Extension Packages in Ethiopia: A Stated Preference Analysis Alemu Mekonnen, Mahmud Yesuf, Fredrik Carlsson and Gunnar Köhlin 12. Valuing Preferences for Ecotourism in the Phnom Prich Wildlife Sanctuary, Cambodia Ou Ratanak and Mitsuyasu Yabe PART V: USING CHOICE EXPERIMENTS TO INFORM THE AGRICULTURAL SECTOR AND FOOD INDUSTRY 13. Farmer Preferences for Bt Maize, Seed Information and Credit in the Philippines Jose Yorobe Jr, Ekin Birol and Melinda Smale 14. Using Choice Experiments to Investigate Preferences for Cattle Traits in Kenya Eric Ruto and Riccardo Scarpa 15. Developing Country Consumers’ Demand for Food Safety and Quality: Is Mumbai Ready for Certified and Organic Fruits? Devesh Roy, Ekin Birol, Katharina Deffner and Bhushana Karandikar 16. Rural Consumers’ Preferences for Banana Attributes in Uganda: Is There a Market for GM Staples? Enoch Kikulwe, Ekin Birol, José Falck-Zepeda and Justus Wesseler 17. Concluding Remarks and Recommendations for Implementing Choice Experiments in Developing Countries Ekin Birol and Jeff Bennett Index

Read more less

Book SynopsisThe global economy is changing rapidly and multinational corporations (MNCs) are at the forefront of this transformation. The book provides novel and profound analyses of how MNCs and emerging economies are related, and how this relationship affects the dynamics of the global economy. In particular, the authors deal with the nexus between multinationals, emerging economies and innovation from a variety of different perspectives. Innovation is regarded as a core driving force in the global economy but the authors show how it can impede as well as encourage sustainability. Multinationals and Emerging Economies brings together insights from business studies and economics, and combines concise theoretical discussion with empirical analyses of unique data. Researchers and graduate students in the fields of international business, international economics, international relations, innovation studies and strategy will find much of interest to them throughout the book. It will also be an invaluable tool for policy-makers in economics and commerce.Table of ContentsContents: Preface Introduction Ionara Costa, Wilfred Dolfsma and Geert Duysters 1. Multinationals are Multicultural Units: Some Indications from a Cross-cultural Study Nantawan Noi Kwanjai and J. Friso den Hertog 2. The Innovativeness of Foreign Firms in China Branka Urem, Ludovico Alcorta and Tongliang An 3. New Europe’s Promise for Life Sciences Sergey Filippov and Kálmán Kalotay 4. Facing the Trial of Internationalizing Clinical Research to Developing Countries: Evidence from Mexico Fernando Santiago-Rodríguez Intermezzo I: Do Multinationals Matter for Emerging Markets, or Vice Versa? Rajneesh Narula 5. Strategic Motivations for International Alliances: The Chinese Perspective Tina Saebi and Qinqin Dong 6. Cross-border Investment and Economic Integration: The Case of Guangdong Province and Hong Kong SAR Naubahar Sharif and Can Huang 7. The ‘Making of’ National Giants: The International Expansion of Oil Companies from Brazil and China Flavia Carvalho and Andrea Goldstein 8. Beyond the Emission Market: Kyoto and the Internationalization of Firms from the Waste Industry Asel Doranova, Geert-Jan Eenhoorn and Ionara Costa Intermezzo II: Emerging Knowledge Economies Jojo Jacob and Luc Soete 9. Changing Configuration of Alternative Energy Systems Radhika Perrot 10. Serving Low-Income Markets: Rethinking Multinational Corporations’ Strategies Shuan SadreGhazi and Geert Duysters Index

Read more less

Book SynopsisThe Kenyan economy has experienced improved economic growth in recent years, and the government has maintained a commitment to generating 500,000 new jobs per year. But the country still faces severe problems of poverty-level employment - people working full-time yet living with their families in poverty. This study develops detailed proposals for greatly expanding decent employment opportunities in Kenya, and to accomplish this in a manner that also creates a wide range of employment and business opportunities, including those for small and medium-sized enterprises, agricultural small holders, commercial banks, and microfinance institutions.Trade Review'. . . an important and necessary contribution. The authors make several innovative departures from standard thinking about macroeconomic policies, both in terms of goals and strategies. While the study is focussed on Kenya, much of the approach and most of the policy conclusions have direct relevance for a wide range of developing countries. . . this is an extremely valuable book, because it provides a clear, systematic and context-driven set of proposals for macroeconomic policies and development strategy that is directed to the generation of decent employment. This is something that is frequently talked about as the desired alternative strategy, but elaborations of this idea to make it practical and feasible are rare. This book is therefore an important weapon in the struggle to bring about more progressive macroeconomics as well as more inclusive development.' -- Jayati Ghosh, Review of Radical Political Economics'Three decades after the International Labor Organization's ground-breaking study, Employment, Incomes and Equality, Profs. Pollin, Mwangi and Heintz re-open the path with 21st century economic analyses and instruments. Kenya's policymakers would be unwise not to study these ideas, and then study them again.' -- Mbui Wagacha, Former Director of Research, Institute of Policy Analysis and Research, and Economic Consultant to the African Development Bank and United Nations Economic Commission on Africa'A key challenge faced by African countries today is to translate economic growth into meaningful improvements in living standards at the household level. One of the effective means of addressing this challenge is to design macroeconomic and sectoral policies that explicitly target the creation of decent employment to allow households to overcome poverty. This detailed and innovative study on Kenya provides a valuable contribution on how this can be accomplished by offering a wide range of policy suggestions.' -- Leonce Ndikumana, United Nations Economic Commission on Africa'Average incomes in Kenya have been stagnant for about a quarter century and the rate of investment has declined. This important study contains a strategy for development that focuses on creating employment that lifts workers out of poverty by increasing public investment in roads and water infrastructure and promoting private investment in small enterprises by increasing the quantity of credit and lowering its cost. The strategy advocated stands in sharp contrast to those who believe the solution to Kenya's economic problems is to cut formal sector wages and increase "flexibility" in the labor market.' -- Keith B. Griffin, University of California-Riverside, USTable of ContentsContents: Brief Highlights of Major Proposals Summary of Major Findings and Proposals 1. Introduction 2. Employment Conditions and Living Standards 3. Profile of Non-agricultural Household Enterprises 4. Labor Costs, Labor Market Institutions and Employment Expansion 5. The Rural Sector: Institutional Reform for Development 6. Investing in Roads and Water Infrastructure 7. Monetary Policy, Inflation Control, and Interest Rates 8. Exchange Rate Policy and Foreign Trade 9. Restructuring Kenya’s Financial System 10. Fiscal Policy: How to Pay for New Pro-employment Initiatives 11. A Restatement of Goals and Strategies Appendix 1: Earnings Function for Household Enterprises Appendix 2: Supply Shock Inflation Appendix 3: Exchange Rate Overvaluation Model Acronyms Bibliography Index

Read more less

Book SynopsisAmidst mounting global policy attention directed toward international migration, this book offers an exhaustive review of the issues and evidence linking economic development in low-income countries with their migration experiences. The diversity of outcomes is explored in the context of; migration from East Europe and from the Maghreb to the EU; contract labor from South Asia in the Persian Gulf; highly skilled migrants moving to North America; and labor circulation within East Asia.Labor market responses at home, the brain drain, remittances, the roles of a diaspora, and return migration are each addressed, as well as an exploration of the effects of economic development upon migration and the implications of long-term dependence on a migration nexus. Robert Lucas concludes with an assessment of the winners and losers in the migration process, both at home and in the destination regions, before summarizing the main policy options open to both.This accessible and topical book offers invaluable insights to policy makers in both industrialized and developing countries as well as to scholars and researchers of economics, development, international relations and to specialists in migration.Trade Review'Robert E. B. Lucas draws together 15 chapters, including his own synopsis, on the important and somewhat controversial topic of international migration and economic development. Much prior work has focused on the interaction between internal migration and economic development with major emphasis on development in the migrants' destination. With its focus on the interaction between international migration and economic development in origin countries, this contribution diverges from much earlier work . . . Robert E. B. Lucas, is a major participant in this field of study, and he has drawn together a number of outstanding articles. Those who teach development economics would be wise to consider the International Handbook on Migration and Economic Development as a supplemental reader in their courses.' -- Michael J. Greenwood, Journal of Regional Science'. . . fascinating book. . . Lucas' study presents an overview of migration against the backdrop of globalisation, making it a fascinating and highly recommended read.' -- Antonio MartIn Artiles, Transfer'The book helps readers and policymakers to learn and think about the current status of complicated changing international migration and links with economic development in many countries and regions of the world.' -- Yasuko Hayase, The Developing Economies'Lucas provides a substantial contribution to our understanding of the effect of international migration on economic development as it exists at the turn of the millennium. He takes a remarkably even-handed approach to addressing the complex issues that surround migration and development today; seemingly willing to learn the truth no matter where it leads on this politically controversial issue. This impartial treatise will be useful to anyone studying migration, international labor markets, or economic development.' -- Kirk Dameron, Journal of Economic IssuesTable of ContentsContents: Part I: Introduction 1. The Context 2. The Determinants of Migration: Controls, Pressures and Outcomes Part II: Consequences for Economic Development in the Countries of Origin 3. Labor Market Responses to Emigration 4. Emigration of the Highly Skilled: Regimes, Costs and Responses 5. Reported and Informal Remittances: How Much? Who Sends? Who Benefits? 6. The Diaspora and Transnational Networks 7. Repeat and Return Migration: A Habit or ‘There and Back Again’ 8. Poverty, Inequality and the Social Impacts of Migration Part III: Conclusions: Policy Choices and the Political Economy of Migrations Regimes 9. Who Benefits from International Migration? Beyond Economic Development at Origin 10. Migration Regimes and Economic Development: Policy Implications References Index

Read more less

Book SynopsisRegional Economic Policy in Europe presents a tightly focused selection of policy, empirical and theoretical perspectives on contemporary dimensions of regional economic policy in the EU. It concentrates on three areas; the dissimilarities and resulting convergence of disparate regions within the EU; the localisation of economic activities and how regions can understand and manage them and, finally, the experiences and lessons that can be drawn from European regional policy. While exploring EU cohesion and regional development more widely, the book also examines Spanish, Belgian and Eastern European experiences on growth, human capital, foreign investment and technological spillovers.This up-to-date and thoroughly researched study is one that will be appreciated by academics and researchers of European studies and regional economics in Europe. Policymakers will also find the conclusions reached within the pages of this book invaluable.Trade Review'The book is recommended because it contains several interesting chapters that will prove useful for future research into the effects of the cohesion policy on the economic development of the new European Union member states over the past five years.' -- Toni Mora, Papers in Regional ScienceTable of ContentsContents: Preface PART I: OVERVIEW 1. New Challenges in Regional Economics: An Overview Ulrike Stierle-von Schütz, Michael H. Stierle, Frederic B. Jennings, Jr. and Adrian T.H. Kuah PART II: THE ECONOMIC LANDSCAPE IN EUROPE: REGIONAL DISPARITIES, CATCHING-UP AND CONVERGENCE 2. Human Capital, Growth and Inequality in the Spanish Regions Angel de la Fuente and Rafael Doménech 3. What Helps Regions in Eastern Europe Catch Up? The Role of Foreign Investment, Human Capital and Geography Gabriele Tondl and Goran Vuksic PART III: LOCALISATION OF ECONOMIC ACTIVITIES: THE ROLE OF TECHNOLOGY SPILLOVERS, CLUSTERS AND FISCAL POLICY 4. Asymmetric Economic Integration in a Two-Region Model and the Effects on Unemployment and Growth Pascal Hetze 5. Intra-Industry Trade and Technological Spillovers: The Case of Belgian Manufacturing Filip Abraham and Jan van Hove 6. Industrial Clusters and Transaction Cost Hailin Sun and Luoping Sun 7. Fiscal Design and the Location of Economic Activity Ulrike Stierle-von Schütz PART IV: EUROPEAN REGIONAL POLICY: EXPERIENCES AND LESSONS 8. Do Economic Models Tell Us Anything Useful about Cohesion Policy Impacts? John Bradley and Gerhard Untiedt 9. Conditions for a Contribution by the Structural Funds to Real Convergence of the Recently Acceded Member States Michael H. Stierle and Anita Halasz 10. Convergence and Public Investment in Spain: Regional Policies Revisited Santiago Lago-Peñas and Diego Martínez-López 11. European Cohesion Policy and the Spanish Economy Simón Sosvilla-Rivero and José A. Herce Index

Read more less

Book SynopsisThis important book is about the origins and diffusion of innovation, in theory and in practice. The practice draws on a variety of industries, from electronics to eyewear, from furniture to mechatronics, in a range of economies including Europe, the USA and China. The eminent contributors investigate how the latest technologies diffuse through the economy, helping to reinvigorate seemingly old and stagnant industries in the process. Examples drawn from Asia and Europe show how countries like China and India are increasingly able to catchup with, or even surpass, industrialized nations in Europe and North America, in some cases by becoming technological pioneers. The book also examines the effects of new information and communications technologies on regional economies, especially in Western Europe. The themes and findings are summarized and evaluated in an extensive introductory chapter. Scholars of innovation from a variety of disciplines, including management, economics, and human resources will find this study insightful. Postgraduate students in industrial studies, industrial dynamics and industrial development, including both advanced and industrialising countries, will also find much of interest to them in this timely book.Table of ContentsContents: 1. Knowledge Transfer and Technology Diffusion: An Introduction Paul L. Robertson and David Jacobson 2. Resources and Innovation in Low-tech Industries: An Empirical Study of Clusters in Spain and Italy José L. Hervas-Oliver and José Albors 3. Inward Flows of Information and Knowledge in Low-tech Industrial Districts: Contrasting the ‘Few Firms Gatekeeper’ and ‘Direct Peer’ Models Fiorenza Belussi, Silvia R. Sedita, Tine Aage and Daniele Porcellato 4. The Role of Company Networks in Low-tech Industries David Jacobson and Francesco Garibaldo 5. Technological Change, Knowledge Integration and Adaptive Processes: The Mechatronic Evolution of the Reggio Emilia District Lorenzo Ciapetti 6. Globalization and Low-technology Industries: The Case of Italian Eyewear Diego Campagnolo and Arnaldo Camuffo 7. Innovation and External Knowledge Sources in Industrial Districts: Evidence from an Italian Furniture Cluster Andrea Morrison 8. Engineering versus Craftsmanship: Innovation in the Electric Guitar Industry, 1945–1984 Thierry Rayna and Ludmila Striukova 9. How Low- and Medium-technology Industries in Developing Countries Compete with Multinationals: Lessons from China’s Home Electronics Sector Guo Yung-Hsing 10. New Patterns in Knowledge Transfer and Catching Up: Chinese R&D in ICT Vicky Long and Staffan Laestadius 11. Technological Learning and Capability Building in LMT Industries in Newly Industrializing Countries: Selected Examples from Taiwan Liang-Chih Chen 12. Understanding Regional Innovation Systems in LMT Industries: The Case of Turkey as an Emerging Market Economy Ali Fikirkoca, Bahar Çelikkol Erbas and Arcan Tuzcu 13. International Technology Diffusion and Productivity in Low- and Medium-technology Sectors in India Saon Ray Index

Read more less

Book SynopsisInternational Economic Law, Globalization and Developing Countries explores the impact of globalization on the international legal system, with a special focus on the implications for developing countries. The onset of the current process of globalization has brought about momentous changes to the rules and processes of international law. This comprehensive book examines a number of these changes, including the radical expansion of international economic law, the increase in the power of international economic organizations, and the new informal approaches to law-making. The greater reliance on judicial and arbitral mechanisms, and the proliferation of international human rights instruments, many of which have a direct bearing on international economic relations, are also discussed. The contributors to this book are all prominent experts in the fields of international law and international political economy, drawn from both developing and developed countries. This insightful book will appeal to scholars and advanced students with an interest in international law, development studies, international political economy and international governance. It will also be an indispensable tool for practitioners - including members of leading international NGOs, international lawyers, political scientists and international development specialists.Contributors: Y. Akyüz, D. Bradlow, E.R. Carrasco, P. Cullet, K.E. Davis, J. Faundez, M.E. Footer, J. Harrison, F. Macmillan, K. McMahon, P. Muchlinski, T. Novitz, P. Roffe, D. Salter, C. Tan, V.P.B. Yu IIITrade Review'This book is both breathtaking in its scope and impressive in its attention to legal and institutional detail in situating developing countries in the evolving body of international economic law. Essays in this volume canvas most important areas of international economic law, including international trade law, international financial regulation, the regulation of foreign direct investment and multinational corporations, foreign aid, the enforcement of human rights standards and core international labour standards on multinational corporations, international enforcement of anti-corruption conventions, international competition law, international intellectual property rights, and international environmental law. A pervasive theme, compellingly developed, in most of these papers is the asymmetric structure of international institutions that generate rules in these various areas, in which developing countries are mostly rule takers, rather than equal participants. The current global financial crisis may provide a welcome opportunity for re-evaluating these institutional asymmetries. In any such re-evaluation, this book will provide a veritable cornucopia of constructive new insights.' -- Michael Trebilcock, University of Toronto, Canada'The volume has much to offer the student of globalisation, whether lawyer, economist or policy-maker, for in the aggregate the essays make a significant contribution to the literature on the subject.' -- David A. Gantz, International Trade Law and Regulation'This book is an excellent choice for academic libraries collecting in international law. International development and globalization are hot topics that will become ever more popular as the world's economies become increasingly intertwined. A broad variety of topics are touched upon, since economic growth relates to many aspects of development, making the book appealing to many researchers of international law.' -- AALL SpectrumTable of ContentsContents: 1. Introduction Julio Faundez and Celine Tan 2. International Economic Law and Development: Before and After Neo-Liberalism Julio Faundez 3. Multilateral Disciplines and the Question of Policy Space Yilmaz Akyüz 4. Assessing International Financial Reform Daniel Bradlow 5. Crisis and Opportunity: Emerging Economies and the Financial Stability Board Enrique R. Carrasco 6. The New Disciplinary Framework: Conditionality, New Aid Architecture and Global Economic Governance Celine Tan 7. Taxing Constraints on Developing Countries and the Global Economic Recession David Salter 8. The World Trade Organization and the Turbulent Legacy of International Economic Law-making in the Long Twentieth Century Fiona Macmillan 9. Holistic Approaches to Development and International Investment Law: The Role of International Investment Agreements Peter Muchlinski 10. Human Rights and Transnational Corporations: Establishing Meaningful International Obligations James Harrison 11. Core Labour Standards Conditionalities: A Means by Which to Achieve Sustainable Development? Tonia Novitz 12. Developing Countries and International Competition Law and Policy Kathryn McMahon 13. Does the Globalization of Anti-Corruption Law Help Developing Countries? Kevin E. Davis 14. Intellectual Property, Development Concerns and Developing Countries Pedro Roffe 15. Biotechnology and the International Regulation of Food and Fuel Security in Developing Countries Mary E. Footer 16. Environment and Development – The Missing Link Philippe Cullet 17. The UN Climate Change Convention and Developing Countries: Towards Effective Implementation Vicente Paolo B. Yu III Bibliography Index

Read more less

Book SynopsisThis book analyses and draws policy implications from infrastructure's central role in lowering Asia's trade costs. Infrastructure is shown to be a cost-effective means of lowering trade costs and thereby promoting regional growth and integration. This book combines thematic and country studies, while breaking new ground in quantifying infrastructure's impact on Asia's trade costs. The contributors examine empirical estimates of Asia's trade costs and infrastructure's influence on those costs while also contributing to a better understanding of the region's logistics challenges. The book includes interesting case studies of rapid growth and congestion (in PRC), inland transportation challenges (India), port competition in an archipelago (Indonesia) and transportation modal switching as value-added rises (Malaysia) that are policy- and project-relevant in their own right. The analysis and policy implications in this book will be of interest to trade and infrastructure policy-makers and academics at graduate and higher levels involved in economic development or Asian studies, as well as the broader development community.Trade Review'This edited volume of eight insightful essays offers an excellent immediate overview of the emerging dynamics within the [Southeast Asian] region. . . This book presents a fascinating overview of the manner in which capitalism continues to transform Southeast Asia's transport infrastructure. . . a fascinating and invaluable accumulation of data, which future historians and social scientists can turn back to and usefully employ when the history of the first part of the Asian twenty-first century is eventually being written.' -- Alex Marshall, East Asia Integration Studies'Most of the analysis of infrastructure's impact on trade costs has focused on conditions in more developed countries. This volume contributes to our understanding by examining the situation in developing Asia, the world's most populous and fastest growing region. Chapters explore topics ranging from Asian trade patterns and trade costs to port competitiveness, congestion, and foreign direct investment in trade-related infrastructure. Empirical estimates complement the analysis of issues to inform the policy-making process.' -- From the foreword by Masahiro Kawai, Asian Development Bank InstituteTable of ContentsContents: Foreword Masahiro Kawai 1. Infrastructure’s Role in Lowering Asia’s Trade Costs Douglas H. Brooks 2. Trends in Asian Trade: Implications for Transport Infrastructure and Trade Costs David Hummels 3. Trade Infrastructure and Trade Costs: A Study of Selected Asian Ports Jon Haveman, Adina Ardelean and Christopher Thornberg 4. Empirical Estimates of Transportation Costs: Options for Enhancing Asia’s Trade Prabir De 5. Port Competitiveness: A Case Study of Semarang and Surabaya, Indonesia Arianto A. Patunru, Nanda Nurridzki and Rivayani 6. Infrastructure and trade costs in Malaysia: The importance of FDI and Exports Tham Siew Yean, Evelyn Devadason and Loke Wai Heng 7. Infrastructure Development in a Fast-Growing Economy: The People’s Republic of China Liqiang Ma and Jinkang Zhang 8. Trade Transportation Costs in South Asia: An Empirical Investigation Prabir De Index

Read more less

Book SynopsisThis timely and much-needed Handbook reconsiders an old topic from a fresh perspective, raising a number of new, interesting and worthwhile issues in the wake of ten years of globalization. This comprehensive analysis illustrates that old-style industrial policies whereby the government directly intervened in markets, and was often the producer itself, are no longer relevant. Structural changes occurring in economies - summarized in the term 'globalization' - are triggering the definition and implementation of new industrial policies. The contributors, leading experts in their field, unite to evaluate this shift of over a decade ago. Employing various empirical and methodological approaches with a strong theoretical underpinning, this world-wide study of the state-of-the-art of industrial policy issues is an invaluable reference tool. It has been enthusiastically received by a wide-ranging audience including scholars, researchers and policy makers with an interest in industrial economics and policy, business studies and policies for growth, competitiveness and development.Table of ContentsContents: Introduction Patrizio Bianchi and Sandrine Labory PART I: INDUSTRIAL POLICY IN A GLOBAL PERSPECTIVE 1. From ‘Old’ Industrial Policy to ‘New’ Industrial Development Policies Patrizio Bianchi and Sandrine Labory 2. Emerging Issues in the New Economy and Globalization Ashish Arora and Alfonso Gambardella 3. European Industrial Policy Jacques Pelkmans 4. Industrial Policy in Developing Countries: What Can We Learn from East Asia? Sanjaya Lall 5. Do Informational Service Activities Translate into New Industrial Policy Requirements? Jacques De Bandt PART II: COMPETITION AND REGULATORY ISSUES 6. Competition Policy and Innovation Jochen Lorentzen and Peter Møllgaard 7. State Aid to Business Stephen Martin and Paola Valbonesi 8. Mergers and Concentration Policy Hans Schenk 9. Liberalization and Regulation of Public Utility Sectors: Theories and Practice Tom Björkroth, Sonja Grönblom and Johan Willner 10. State-Owned Enterprises, Privatization and Industrial Policy Andrea Goldstein PART III: RESEARCH, TECHNOLOGY AND INNOVATION 11. Intellectual Property Rights and Market Dynamics Fabrizio Cesaroni and Paola Giuri 12. New Approaches to Intellectual Protection: From Open Software to Knowledge-based Industrial Activities Nicolas Jullien and Jean-Benoît Zimmermann 13. Science-based Industries and Spin-offs Marco Giarratana and Salvatore Torrisi 14. Science Parks and High-Tech Clustering Jan Annerstedt 15. Technology Policy and Social Policy: How Industrial Policy Applies to Health Daniele Paci and Stuart O. Schweitzer PART IV: TERRITORY, INDUSTRIAL DEVELOPMENT AND SMALL FIRMS 16. Decentralizing Industrial Policies: Threat or Opportunity in Developing Countries? Leandro Sepulveda and Ash Amin 17. The Local Dimensions of Industrial Policy Marco Bellandi and Marco Di Tommaso 18. Business Support Policies Nicola Bellini 19. Small and Medium-sized Enterprise Policies in Europe, Latin America and Asia Patrizio Bianchi, Sandrine Labory, Daniele Paci and Mario Davide Parrilli PART V: THE USE OF GAME THEORY IN INDUSTRIAL POLICY ANALYSIS 20. The Genesis of Game Theory and its Role in Industrial Economics Luca Lambertini 21. Differential Game-Theoretical Analysis and Industrial Policy Roberto Cellini and Luca Lambertini PART VI: PARTICULAR VIEWS 22. Industrial Policy: Perspectives, Experience, Issues Christos N. Pitelis Index

Read more less

Book SynopsisThis important Handbook is the first comprehensive account that brings together recent developments in the three related fields of environmental technology, environmental management and technology management. With contributions from more than 55 outstanding authors representing ten countries and five continents, the reader is provided with a vast range of insightful perspectives on the latest industry and policy issues. With the aid of numerous case studies, leading experts reflect on significant changes in the use of technology and management practices witnessed in the last decade. Within this Handbook, the authors discuss, in detail: eco-modernization and technology transformation environmental technology management in business practices measuring environmental technology management case studies in new technologies for the environment environmental technology management and the future. The International Handbook on Environmental Technology Management has a broad audience including researchers, practitioners, policymakers and students in the fields of sustainability and environmental science.Trade Review'This is a comprehensive volume with 36 chapters and contributions from 58 authors. . . For many in the business field this volume will be very useful. It will also be of great value to students, not just of environmental management, but also of business, construction, politics and sustainable development where environmental issues and methods for handling them are becoming more and more embedded in the curricula.' -- Geoff O'Brien, International Journal of Environmental Studies'This is an excellent textbook, suitable as a core text for environmental engineers and environmental scientists but equally it should, in my opinion, be compulsory reading for all researchers, practitioners, and policy-makers regardless of their discipline because it has relevance for all. In fact, the book is so lively and understandable that everyone and anyone could and should read it. . . Clearly written by a team of recognised environmental authors drawn from around the world, it guides the reader through current thinking on the tools and techniques industry. . . As an academic, it is a delight to find a book to recommend that I know students will enjoy and one which addresses so many different elements of a diversity of university courses, while covering the most important areas of environmental technology and management. I am certainly using it to enhance and update the content of some of my own lectures.' -- Susan Haile, International Journal of Sustainable Engineering'This substantial collection draws together a very wide variety of literatures and practices. . . I would expect this book to be a popular purchase by academic libraries, principally as a core text.' -- R&D Management'This stunning Handbook is an excellent tool for environmental manager and environmental officer alike. It is brimful of ideas, case studies and methodologies which stimulate continuous improvement thinking and help train staff to implement sustainability and environmental management concepts. Highly recommended.' -- Eagle BulletinTable of ContentsContents: Preface Part I: Introduction 1. Understanding Environmental Technology Management as a Move to Sustainability David Annandale, Dora Marinova and John Phillimore Part II: Ecomodernization and Technology Transformation 2. Industrial Ecology René van Berkel 3. Remaking the Way We Make Things: Creating a New Definition of Quality with Cradle-to-Cradle Design William McDonough and Michael Braungart 4. Users as a Source of Learning in Environmental Technology Management Harald Rohracher 5. Cleaner Production and Eco-efficiency René van Berkel 6. Natural Capitalism: Path to Sustainability? L. Hunter Lovins 7. Sustainable Strategies Towards Human Resources – A Way Forward Paul J. Gollan 8. Innovation Impacts of Environmental Policies Tim Foxon and René Kemp 9. Sustainable Production and Consumption Policy Development: A Case Study from Western Australia Andrew Higham and Piers Verstegen 10. Managing Research for Sustainable Development: Different Countries, Different Contexts Tim Turpin 11. Technology Transfer and Uptake of Environmentally Sound Technologies Steve Halls PART III: ENVIRONMENTAL TECHNOLOGY MANAGEMENT IN BUSINESS PRACTICES 12. Lifecycle Assessment David Evans and Stuart Ross 13. The Natural Step Framework: From Sustainability Fundamentals to Innovation Joe Herbertson and Christopher Tipler 14. Integrating Human and Ecological Factors: A Systematic Approach to Corporate Sustainability Suzanne Benn, Dexter Dunphy and Andrew Griffiths 15. Using Network Approaches to Engage Small and Medium-sized Enterprises in Environmental Management Systems Ruth Hillary 16. Green Marketing and Green Consumers: Exploring the Myths John Connolly, Pierre McDonagh, Michael Polonsky and Andrea Prothero 17. Business, Environmental Management and the Triple Bottom Line Steven Schilizzi 18. Eco-management and Audit Scheme in Sustainable Tourism Giulio Querini and Carmen Bizzarri PART IV: MEASURING ENVIRONMENTAL TECHNOLOGY MANAGEMENT 19. Measuring the True Productivity Gains from Environmental Technology Improvements Robert Repetto 20. Environmental Accounting Stefan Schaltegger and Roger Burritt 21. Indicators for Environmental Innovation: What and How to Measure Anthony Arundel, René Kemp and Saeed Parto 22. International Trends in Socially Responsible Investment: Implications for Corporate Managers Shanit Borsky, Diana Arbelaez-Ruiz, Chris Cocklin and Doug Holmes 23. Comparison of International Strengths in Sustainable Technological Solutions Dora Marinova and Michael McAleer 24. Sustainability Assessment Peter Newman 25. Trends and Volatility of Ecological and Anti-pollution Technology Patents in the USA Felix Chan, Dora Marinova and Michael McAleer PART V: CASE STUDIES IN NEW TECHNOLOGIES FOR THE ENVIRONMENT 26. Integrated Waste Management Robert Hughes, Martin Anda, Goen Ho and Kuruvilla Mathew 27. Renewable Energy Technologies: Key to Sustainable Futures Ian Lowe 28. Internet Tools for Environmental Technology Management Learning Dorit Maor and Dora Marinova 29. Russian Greenhouse Gas Emissions: Options for Sustainable Reduction Malcolm Hill 30. Environmentally Friendly Energy Development and Use: Key Capacities in the Building and Construction Industry in Australia Jane Marceau and Nicole Cook 31. Tools for Environmental Impact Assessment Sharon Jones 32. Technology Transfer and Adoption by Small-scale Women Farmers: A Case Study in Qwaqwa District in South Africa Stanley Yokwe, Wilhelm Nell and Dora Marinova 33. Waste Streams to Value Streams Compiled by Karlson ‘Charlie’ Hargroves and Michael H. Smith of the Natural Edge Project, with Chris Page, Caroline Plunkett, Gerry Gillespie and Alexis Nelson PART VI: ENVIRONMENTAL TECHNOLOGY MANAGEMENT AND THE FUTURE 34. Environmental Technology Management: Insights from Holistic Science Stephan Harding 35. The Value Loop – A New Framework for Business Thinking Hardin Tibbs PART VII: CONCLUSION 36. Environmental Technology Management – Lessons from Today for a More Sustainable Future Dora Marinova Index

Read more less

Book SynopsisThe authors in this book regard the process of economic expansion as a non-homogeneous and multifaceted phenomenon, which has deeply affected human welfare, and cultural, social and political change. The book is a bridge between the theorists (Rosenstein-Rodan, Lewis, Myrdal, and Hirschmann) who in the post-war period analyzed regional inequalities, structural change and dualism, and the modern literature on economic growth. The latter has emphasized the existence of multiple equilibria, bifurcations and various types of dynamic complexity, and clarified the conditions for the emergence of phenomena such as cumulative causation, path dependence and hysteresis. These are the typical ingredients of structural change, economic development or underdevelopment.Investigating the 'mechanisms of economic development', this book will be of great interest to researchers and postgraduate students, especially those oriented towards the study of structural and geographical aspects of economic growth and development.Trade Review'. . . this book provides a coherent picture of new developments and applications in economic geography with regards to explaining structural change. There is a healthy mix of new theoretical developments and elaborations of the foundational neoclassical economic models, economic growth models, econometric modeling, and hypothesis testing.' -- Dayton M. Lambert, The Review of Regional Studies'The volume is carefully edited and has a nice general format. The index at the end should be of great help for people looking for specific topics. . . it is quite likely that scholars on geography and structural change will find at least some chapter quite relevant to their own research.' -- Ola Olsson, Papers in Regional ScienceTable of ContentsContents: Introduction Pasquale Commendatore, Neri Salvadori and Massimo Tamberi PART I: THE IMPACT OF GEOGRAPHICAL FACTORS: ASPECTS OF LOCATION AND SPECIALIZATION 1. Footloose Capital and Productive Public Services Pasquale Commendatore, Ingrid Kubin and Carmelo Petraglia 2. FDI, Mode of Entry and Corporate Governance Giuseppina Maria Chiara Talamo 3. Natural Resources and Social Conflict: An Explanation of Sub- Saharan Countries’ Stagnation Davide Fiaschi 4. The Changing Location of European Industry: A Twofold Geographical Perspective Eleonora Cutrini 5. Specialize Rightly or Decline Alessia Lo Turco and Massimo Tamberi 6. South–South Regional Trade Agreements, Comparative Advantage and Industrial Growth: Evidence from MERCOSUR Countries Alessia Lo Turco PART II: THE PROCESS OF STRUCTURAL CHANGE AND THE ROLE OF DUALISM 7. Myrdal, Growth Processes and Equilibrium Theories Carlo Panico and Maria Olivella Rizza 8. The Legacy of Dualism in New Growth Theory Salvatore Capasso and Maria Rosaria Carillo 9. Distribution of Agricultural Surplus and Industrial Takeoff Ennio Bilancini and Simone D’Alessandro 10. Dualism and the Big Push Giovanni Valensisi 11. Labour Productivity and Technological Capability: An Econometric Analysis on the Italian Regions Giulio Guarini Index

Read more less

Book SynopsisWhile some argue that trade liberalization has raised incomes and led to environmental protection in developing countries, others claim that it generates neither poverty reduction nor sustainability. The detailed case studies in this book demonstrate that neither interpretation is universally correct, given how much depends on specific policies and institutions that determine ‘on-the-ground’ outcomes. Drawing on research from six countries around the developing world, the book also presents the unique perspectives of researchers at both the world’s largest development organization (The World Bank) and the world’s largest conservation organization (World Wildlife Fund) on the debate over trade liberalization and its effects on poverty and the environment. The authors trace international trade rules and events down through national development contexts to investigate on-the-ground outcomes for real people and places. The studies underscore the importance of evaluating trade from a perspective that pays attention to environmental and social vulnerability and understands the linkages between poverty reduction and environmental protection. The lessons drawn provide a critical first step in developing the appropriate response options needed to ensure that trade plays a positive role in promoting truly sustainable development. Academics and students in environmental economics, development economics and agriculture, as well as policymakers and those in development institutions will appreciate this groundbreaking work.Trade Review‘. . . the case studies and subsequent summarizing discussions provide interesting insights on the many interactions of trade, poverty and the environment. . . digestible also for those without an academic background in economics.’ -- Quarterly Journal of International AgricultureTable of ContentsContents: Preface Warren Evans and David Reed 1. Trade Liberalization, Rural Poverty and the Environment Jonathan A. Cook, Owen Cylke, Donald F. Larson, John D. Nash and Pamela Stedman-Edwards 2. Trade Liberalization, Rural Poverty and the Environment: A Case Study of the Forest and Salmon Sectors in Chile Raúl O’Ryan, with Mario Niklitschek, Edwin Niklitschek, Andrés Ulloa and Nicolo Gligo 3. The Impacts of Trade Liberalization in Pingbian, China He Daming and Liu Jiang, with Bobby Cochran 4. Shrimp Exports, Environment and Human Well-being in the Sunderbans, West Bengal Kanchan Chopra, with Pushpam Kumar and Preeti Kapuria 5. Trade Liberalization, Rural Poverty and the Environment: Two Studies of Agricultural Exports in Madagascar Bart Minten, with Philippe Méral, Lalaina Randrianarison and Johan Swinnen 6. Trade Liberalization, Rural Poverty and the Environment: A Case Study of Sugarcane Production in the Incomati River Basin in Mpumalanga, South Africa Jo Lorentzen, Anton Cartwright and Charles Meth 7. Expansion of Shrimp Farming in Ca Mau, Vietnam Mai Trong Thong, with Hoang Xuan Thanh, Ha Thi Phuong Tien, Nguyen Thu Huong, Tran Tuyet Hanh, Ngo Van Hai, Vu Ngoc Huyen, Le Dang Trung, Le Phu Cuong, Le Van Hung, Cao Chi Hung, Tham Thi Ngoc Diep and Jacques Marcille 8. Lessons from the Case Studies: 1 Pamela Stedman-Edwards, Jonathan A. Cook and Owen Cylke 9. Lessons from the Case Studies: 2 John D. Nash and Donald F. Larson 10. Beyond Trade: Economic Transition in the Globalization Era and Prospects for Poverty and Environment Bruno Losch Index

Read more less

Book SynopsisThe introduction of endogenous growth theory has led to new interest in the role of the entrepreneur as an agent driving technical change at the local regional level. This book examines theoretical and methodological issues surrounding the interface of the entrepreneur in regional growth dynamics on the one hand and on the other presents illuminating case studies. In total the book’s contributions amplify understanding of such critical issues as the relationship between innovation and entrepreneurship, the entrepreneur’s role in transforming knowledge into something economically useful, and knowledge commercialization with both conceptual and empirical contributions.The emergence of endogenous growth theory has unleashed a flurry of new hypotheses and related inquiries that have in turn created an exciting dynamic in the conceptual, theoretical and empirical foundations of the field. A central feature has been the recognition that local initiatives matter in how regions grow and adjust to changes and shocks. Moreover, it is the role of technical change, driven by entrepreneurs, that motivates these initiatives. This volume begins by outlining and explaining the theory and method behind entrepreneurship and development. This is followed by specific case studies of practice and policy. These cases are region specific, offering the reader concrete, empirically based research results. Scholars and students in economics, entrepreneurship and public policy will find this volume a valuable tool in understanding the latest research in regional economic development.Trade Review‘This volume is a timely and well-rounded contribution to the literature on the role of entrepreneurship in regional economic development. It should not be confused with several other publications with similar titles and entrances to this field and the editors offer a strong rationale for considering this book for purchase. . . Such a publication is somewhat overdue as there are few such book collections on the market setting discussions about entrepreneurship into a regional context.’ -- Mike Danson, International Journal of Entrepreneurship & InnovationTable of ContentsContents: PART I: THEORY AND METHODS IN ENTREPRENEURSHIP AND DEVELOPMENT 1. New Directions in Regional Economic Development: An Introduction Roger R. Stough, Sameeksha Desai and Peter Nijkamp 2. The Entrepreneur in Economic Theory Ronald W. McQuaid 3. A Contemporary Perspective on Public Sector Venture Capitalism John Sacco and Odd J. Stalebrink 4. Determinants and Impact of Entrepreneurship Capital: The Spatial Dimension and a Comparison of Different Econometric Approaches David Audretsch, Werner Bönte and Max Keilbach 5. The Design of Industrial Models: Addressing Cooperative Behaviours, Innovation and Public Policy Maria Teresa de Noronha Vaz 6. Differentials in Industrial Structure and Human Capital Performance Across Australia’s Regions and the Settlement System Robert J. Stimson 7. Innovation Clusters Linking Regions Brigitte Preissl PART II: CASE STUDIES INCLUDING PRACTICE AND POLICY 8. Explaining China’s Economic Growth: Does Entrepreneurship Matter? Junbo Yu, Shaoming Cheng and Roger R. Stough 9. Knowledge Accessibility and New Firm Formation Charlie Karlsson and Kristina Nyström 10. Migrant Female Entrepreneurship: Driving Forces, Motivation and Performance Tüzin Baycan-Levent and Peter Nijkamp 11. Industrial Effects on Resource Acquisition: Immigrant Enterprises in Kista, Stockholm Tobias Dalhammar and Terrence E. Brown 12. The Entrepreneurial Environment: Business Incubation in the Charlotte Metropolitan Region Peter M. Frank 13. University Spin-offs: An Exploration of Age-patterns of Obstacles to Growth Marina van Geenhuizen and Danny P. Soetanto 14. FDI Inflows to Sweden: Consequences for Innovation and Renewal Börje Johansson and Hans Lööf Index

Read more less

Book SynopsisThis essential collection contains the most influential articles written over the past two decades that help us to understand the role of entrepreneurs in the development process, both theoretically and empirically. These important papers span a wide methodological range, from theoretical models, over cross-country studies, to firm- and household-level studies, utilizing both regression analysis and simulation techniques.Professor Beck has written an insightful introduction which provides an overview of the area of entrepreneurship in developing countries.Trade Review‘This collection of pioneering studies of entrepreneurship provides a solid intellectual foundation for anyone seeking to understand the underlying dynamics of economic development.’ -- Ross Levine, Brown University, USTable of ContentsContents: Acknowledgements Introduction Thorsten Beck PART I THE THEORY OF ENTREPRENEURSHIP 1. Phillipe Aghion and Patrick Bolton (1997), ‘A Theory of Trickle-Down Growth and Development’ 2. Abhijit V. Banerjee and Andrew F. Newman (1993), ‘Occupational Choice and the Process of Development’ 3. David S. Evans and Boyan Jovanovic (1989), ‘An Estimated Model of Entrepreneurial Choice under Liquidity Constraints’ 4. Huw Ellis-Lloyd and Dan Bernhardt (2000), ‘Enterprise, Inequality and Economic Development’ 5. Anna L. Paulson, Robert M. Townsend and Alexander Karaivanov (2006), ‘Distinguishing Limited Liability from Moral Hazard in a Model of Entrepreneurship’ 6. Anna L. Paulson and Robert Townsend (2004), ‘Entrepreneurship and Financial Constraints in Thailand’ 7. Murat F. Iyigun and Ann L. Owen (1999), ‘Entrepreneurs, Professionals and Growth’ PART II ENTREPRENEURS, FINANCING CONSTRAINTS, AND MICROFINANCE 8. Christian Ahlin and Neville Jiang (2008), ‘Can Micro-Credit Bring Development?’ 9. Suresh De Mel, David McKenzie and Christopher Woodruff (2008), ‘Returns to Capital in Microenterprises: Evidence from a Field Experiment’ 10. Signe-Mary McKernan (2002), ‘The Impact of Microcredit Programs on Self-Employment Profits: Do Noncredit Program Aspects Matter?’ 11. Christopher Woodruff and Rene Zenteno (2007), ‘Migration Networks and Microenterprises in Mexico’ PART III INSTITUTIONAL BARRIERS AND ENTREPRENEURSHIP 12. Simeon Djankov, Rafael La Porta, Florencio Lopez de Silanes and Andrei Shleifer (2002), ‘The Regulation of Entry’ 13. Leora Klapper, Luc Laeven and Raghu Rajan (2006), ‘Entry Regulation as a Barrier to Entrepreneurship’ 14. Thorsten Beck, Asli Demirgüç-Kunt and Vojislav Maksimovic (2005), ‘Financial and Legal Constraints to Growth: Does Firm Size Matter?’ 15. Leo Sleuwaegen and Micheline Goedhuys (2002), ‘Growth of Firms in Developing Countries, Evidence from Côte d’Ivoire’ 16. Luc Laeven and Christopher Woodruff (2007), ‘The Quality of the Legal System, Firm Ownership and Firm Size’ 17. John McMillan and Christopher Woodruff (2002), ‘The Central Role of Entrepreneurs in Transition Economies’ 18. Daniel Berkowitz and John E. Jackson (2006), ‘Entrepreneurship and the Evolution of Income Distributions in Poland and Russia’ 19. Simon Johnson, John McMillan and Christopher Woodruff (2002), ‘Property Rights and Finance’ 20. Robert Cull and Lixin Colin Xu (2005), ‘Institutions, Ownership and Finance: The Determinants of Profit Reinvestment Among Chinese Firms’ PART IV WHO ARE THE ENTREPRENEURS? 21. Simeon Djankov, Yinyi Qian, Gerard Roland and Ekaterina Zhuravskya (2006), ‘Entrepreneurship in China and Russia Compared’ 22. Raymond J. Fisman (2003), ‘Ethnic Ties and the Provision of Credit: Relationship-Level Evidence from African Firms’ 23. Mike Burkart, Fausto Panunzi and Andrei Shleifer (2003), ‘Family Firms’ 24. Marianne Bertrand, Simon Johnson, Krislert Samphantharack and Antoinette Schoar (2008), ‘Mixing Family with Business: A Study of Thai Business Groups and the Families Behind Them’ PART V ENTREPRENEURS, POLITICIANS AND RENT-SEEKING 25. William J. Baumol (1990), ‘Entrepreneurship: Productive, Unproductive and Destructive’ 26. Kevin M. Murphy, Andrei Shleifer and Robert W. Vishny (1991), ‘The Allocation of Talent: Implications for Growth’ 27. Mara Faccio (2006), ‘Politically Connected Firms’ 28. Raymond Fisman (2001), ‘Estimating the Value of Political Connections’ 29. Stijn Claessens, Erik Feijen and Luc Laeven (2008), ‘Political Connections and Preferential Access to Finance: The Role of Campaign Contributions’ Name Index

Read more less

Book SynopsisEconomists have long relied on cross-country regression analysis to identify the determinants of continued growth, but with only limited success. This book demonstrates the value of a different approach.The editors isolate three attributes that appear to be associated with long-term growth. First, whatever the form of the decision-making authority, all are ultimately subject to an element of political constraint: the population at large must eventually experience the benefits of growth if the authority is to remain in power. Broad-based growth is therefore required for growth to be sustained. Second, given the complexity and dynamism of the world, and our imperfect understanding of how it works, ideological rigidity will inevitably prove disastrous, whereas pragmatism and responsiveness to changing conditions and to ineffective policy initiatives are more likely to prolong growth. Third, unconventional substitutes can fill critical gaps while more formal institutions are being developed, thus hastening the growth process in the short run. Drawing on the knowledge and understanding of local circumstances of researchers from the case-study countries, this book will appeal to post-graduate students studying development; particularly poverty, trade, investment and migration. Development practitioners concerned with the impact of developed-country policies on poverty in the developing world will also find this a captivating read.Trade Review'McMahon, Esfahani, and Squire have edited a useful volume of regional studies on economic growth. Recommended.' -- P.N. Hess, ChoiceTable of ContentsContents: Foreword Gobind Nankani Introduction: Re-examining Long-run Growth: Insights from Case Studies Gary McMahon, Hadi Salehi Esfahani and Lyn Squire 1. Understanding Economic Growth in Specific Contexts: An Overview of the First Phase of Global Research Project ‘Explaining Growth’ Hadi Salehi Esfahani 2. Explaining East Asian Growth: Converting Potential into Actual Growth Peter Warr 3. Explaining Growth in South Asia Siddiqur Osmani 4. Economic Growth in Latin America in the Twentieth Century Gary McMahon 5. Understanding Common Trends and Variations in the Growth Experience of MENA Countries Hadi Salehi Esfahani 6. Explaining Four Decades of Growth in Sub-Saharan Africa Augustin Kwasi Fosu and Ernest Aryeetey 7. Growth Experience and Prospects of Central and Eastern European Countries: A Synthesis Jan Fidrmuc, Mark Chandler and Julius Horvath 8. Explaining Economic Growth in the Commonwealth of Independent States Gur Ofer and Richard Pomfret 9. Diversity in Growth Experiences: The Role of Substitutes for the Fundamentals Hadi Salehi Esfahani, Gary McMahon and Lyn Squire Combined References Index

Read more less

Book SynopsisThe convergence of technology-based competitive capabilities among the world's economies has drastically altered the required economic growth strategies in industrialized nations. Based on a variety of corporate and government investment trend data and comparisons among national growth strategies, Gregory Tassey examines how this convergence has created an imperative for new growth models and strategies. In particular, he analyzes the major policy mechanisms for stimulating R&D investment and improving R&D efficiency over technology life cycles, detailing the needed changes. In the 65 years since Joseph Schumpeter's classic characterization of the 'creative destruction' process of industrial technological change, the role of technology in economic growth has grown relentlessly. The author provides the first detailed assessment of underinvestment in R&D and the two major R&D policy response mechanisms - tax policy and direct funding. The policy models and analyses presented are based largely on US economic experience, but the resulting prescriptions are relevant for all existing and emerging technology-based economies. The author's ultimate message is that the industry-centric Schumpeterian model must be expanded to one in which competition among governments is as important as it is within the private sector. This cutting-edge study will be of interest to science and technology policy researchers and analysts, economists focusing on the impacts of technological change, government managers of science and technology programs, and industry managers from high-tech firms.Trade Review'This book is highly persuasive and enlightening, and should be required reading for all interested in technology policy.' -- Andrew Tylecote, Prometheus'Tassey's work is timely, thought-provoking and essential reading for understanding the scope and depth required for S&T policy analysis in the new era where the current economic leader is struggling to retain its position.' -- Irene C. Makar, Research Policy'Page after page, this book builds a case of a major international transformation that has left the world economy much more dependent on science-driven technology. [The book's] arguments should attract attention and deserve to be discussed widely and thoroughly.' -- Nicholas S. Vonortas, The George Washington University, US'The innovative models, supporting data, and unique policy analyses make this book a must for economists, policy analysts, and industry managers concerned about S&T policies and economic growth. It could easily end up as a definitive work on the modern technology-based economy.' -- Albert N. Link, University of North Carolina, Greensboro, USTable of ContentsContents: Preface Part I: The Economics of Decline 1. Globalization of Technology 2. Indicators of Decline Part II: R&D in the Modern Economy 3. The Technology Paradigm 4. The Public–Private Growth Model 5. Underinvestment in R&D 6. Strategic Shifts in the IT Economy 7. The Technology Life Cycle 8. The Role of Technical Infrastructure Part III: Technology-Based Political Economy 9. Assessing the Government Role 10. Elements of STID Policy 11. To Compete or Not to Compete Bibliography Index

Read more less

Book SynopsisThis timely and important Handbook takes stock of progress made in our understanding of what sustainable development actually is and how it can be achieved. Twenty years on from the publication of the seminal Brundtland Report, it has become clear that formidable challenges confront policy makers who have publicly stated their commitment to the goal of sustainable development. The Handbook of Sustainable Development seeks to provide an account of the considerable progress made in fleshing out these issues. The Handbook brings together original and state-of-the-art contributions from internationally renowned scholars writing from a variety of perspectives and disciplines. These contributions acknowledge that there is no unified theory of sustainable development and reflect the breadth and diversity of the literature to date. Discussion encompasses the fundamentals of sustainable development and intergenerational equity, and covers issues such as: the capital approach, ecological resilience, population growth and safe minimum standards; intra-generational equity; resources, the environment and economic progress; urban and corporate sustainability; green accounting and sustainability indicators.This accessible, comprehensive and multidisciplinary approach to the theory and practice of sustainable development will prove an invaluable reference tool for researchers, students, academics and practitioners with an interest in the field of sustainable development.Trade Review'The book is a useful source/reference material for the students and teachers of environmental and natural resource economics. The editors have done a wonderful job in putting together the comprehensive volume that provides analytical and policy inputs for the researchers, policymakers and practitioners in the field.' -- V. Ratna Reddy, Journal of Social and Economic Development'As a whole, it thoughtfully reflects upon and elucidates the fundamental ideas and contributions that have taken root in the 20 years since publication of the Brundtland Report. Contributors offer a comprehensive survey of the field as it stands today, starting from basic principles, through inter- and intragenerational equity, to questions of growth and development, concluding with international perspectives. . . Atkinson, Dietz, and Neumayer have produced a volume that defines clearly the important thinking on sustainability as it stands today. Highly recommended.' -- J. Booker, ChoiceTable of ContentsContents: Preface 1. Introduction Giles Atkinson, Simon Dietz and Eric Neumayer PART I: FUNDAMENTALS OF SUSTAINABLE DEVELOPMENT 2. Ethics and Sustainable Development: An Adaptive Approach to Environmental Choice Bryan G. Norton 3. The Capital Approach to Sustainability Giovanni Ruta and Kirk Hamilton 4. Sustainable Development in Ecological Economics Jeroen C.J.M. van den Bergh 5. Ecological and Social Resilience W. Neil Adger 6. Benefit–Cost Analysis and a Safe Minimum Standard of Conservation Alan Randall PART II: INTERGENERATIONAL EQUITY 7. Valuing the Far-off Future: Discounting and its Alternatives Cameron Hepburn 8. Population and Sustainability Geoffrey McNicoll 9. Technological Lock-in and the Role of Innovation Timothy J. Foxon PART III: INTRAGENERATIONAL EQUITY AND THE SOCIAL DIMENSION 10. Distribution, Sustainability and Environmental Policy Geoffrey Heal and Bengt Kriström 11. Environmental Justice and Sustainability Julian Agyeman 12. Vulnerability, Poverty and Sustaining Well-being W. Neil Adger and Alexandra Winkels PART IV: GROWTH, CONSUMPTION AND NATURAL WEALTH 13. The Resource Curse and Sustainable Development Richard M. Auty 14. Structural Change, Poverty and Natural Resource Degradation Ramón López 15. Economic Growth and the Environment Matthew A. Cole 16. Sustainable Consumption Tim Jackson PART V: PROGRESS IN MEASURING SUSTAINABLE DEVELOPMENT 17. Environmental and Resource Accounting Glenn-Marie Lange 18. Genuine Saving as an Indicator of Sustainability Kirk Hamilton and Katharine Bolt 19. Measuring Sustainable Economic Welfare Clive Hamilton 20. Environmental Space, Material Flow Analysis and Ecological Footprinting Ian Moffatt PART VI: SUSTAINABLE DEVELOPMENT AT DIFFERENT SCALES 21. Sustainable Cities and Local Sustainability Yvonne Rydin 22. Sustainable Agriculture Clement A. Tisdell 23. Corporate Sustainability: Accountability or Impossible Dream? Rob Gray and Jan Bebbington PART VII: THE INTERNATIONAL DIMENSION 24. International Environmental Cooperation: The Role of Political Feasibility Camilla Bretteville Froyn 25. Trade and Sustainable Development Kevin P. Gallagher 26. The International Politics of Sustainable Development John Vogler 27. Financing for Sustainable Development David Pearce Index

Read more less

Book SynopsisSince the late 1980s, Vietnam, Cambodia, PDR Lao, and Myanmar have been opening their economies to international trade and investment. With the exception of Myanmar, the reforms have yielded impressive results, but the process is far from complete. In this enlightening book, a group of leading scholars outline the continuing reform efforts needed to survive the current global recession and place these economies in a competitive position on the recovery of the world economy.In the aftermath of the global financial crisis of 2008, this topical book analyses the opportunities and threats to continued globalization for the Mekong 4, particularly in relation to rapid industrialization through joining the production networks of East Asia. It then assesses the political will for sustaining the reform process.This book will be an important resource for national government agencies, such as the department of foreign affairs and aid agencies that have significant bilateral relationships with the Mekong 4 ? namely, Australia, Canada, Japan, Scandinavia, and the USA. International financial institutions that have existing (or potential) business links with the Mekong 4 as well as universities with courses in development economics will warmly welcome this book.Trade Review‘The book will provide good source material for political and economic university courses in development and is an important addition to the bookshelf for both academics and professionals interested in and/or working the Mekong region.’ -- Herb Thompson, Journal of Contemporary Asia‘A very topical book.’ -- Organiser WeeklyTable of ContentsContents: Preface PART I: DEVELOPMENTS IN EAST ASIA AND THE WORLD ECONOMY 1. Globalization and Development in the Mekong Economies: Vietnam, Lao PDR, Cambodia and Myanmar Suiwah Leung, Ben Bingham and Matt Davies 2. Innovation and Economic Development: The Role of Production Networks Ben Bingham 3. The Rise of China: Implications for the Mekong Countries Matt Davies 4. Finance, Trade and Development in East Asia: Opportunities for Mekong Economies Suiwah Leung 5. How Can Regional Public Expenditure Stimulate FDI in the Mekong? Pritha Mitra 6. Proliferation of PTAs in East Asia: What Does it Mean for the Mekong Countries? David Robertson PART II: CASE STUDIES OF MEKONG COUNTRIES 7. Vietnam: Country Case Study Ben Bingham and Suiwah Leung 8. The Lao People’s Democratic Republic: Growth, Reform and Prospects Kotaro Ishi 9. The Impact of Globalization on Economic Development in Myanmar Trevor Wilson, Leslie Teo and Masahiro Hori 10. Cambodia: Country Case Study Matt Davies PART III: POLITICAL ECONOMY OF REFORM IN THE MEKONG 11. Historical and Cultural Constraints on Development in the Mekong Region Martin Stuart-Fox 12. The Political Economy of Policy Reform: The Future of Reforms for the Mekong 4? Hal Hill, Suiwah Leung and Trevor Wilson Index

Read more less

Book SynopsisThis insightful collection of classic papers explores the effects of various legal institutions and policies on economic development. The editors include analysis of the historical, current, and future conditions of numerous legal traditions and strategies, both nationally and globally. The volume will enhance understanding of how legal policies influence economic growth. It will also contribute to the selection and advancement of those legal policies most likely to improve overall economic development and social welfare.This volume is an invaluable reference source for both scholars and practitioners interested or involved in the development of legal policy.Trade Review‘The study of the interaction between legal institutions and economic development is one of the most important research areas in economics and law. Professors Cooter and Parisi have produced a remarkable anthology. Their selection of articles and the way they have structured the literature form an original contribution in themselves. Even those who are already familiar with the literature will enjoy the refreshing perspective that is being offered by two of the leading scholars in the field.’ -- Gerrit De Geest, Washington University, St. Louis, USTable of ContentsContents: Acknowledgements Introduction Robert D. Cooter and Francesco Parisi PART I LAW, FINANCE AND ECONOMIC DEVELOPMENT 1. Rafael La Porta, Florencio Lopez-de-Silanes, Andrei Shleifer and Robert W. Vishny (1998), ‘Law and Finance’ 2. Paul G. Mahoney (2001), ‘The Common Law and Economic Growth: Hayek Might be Right’ 3. Frank B. Cross (2002), ‘Law and Economic Growth’ 4. Edward L. Glaeser and Andrei Shleifer (2002), ‘Legal Origins’ 5. Bernard S. Black and Vikramaditya S. Khanna (2007), ‘Can Corporate Governance Reforms Increase Firm Market Values? Event Study Evidence from India’ PART II COMMON LAW AND LEGAL EVOLUTION 6. Mark J. Roe (1996), ‘Chaos and Evolution in Law and Economics’ 7. Y. Barzel (2000), ‘Dispute and its Resolution: Delineating the Economic Role of the Common Law 8. Vincy Fon and Francesco Parisi (2003), ‘Litigation and the Evolution of Legal Remedies: A Dynamic Model’ 9. Keith N. Hylton (2006), ‘Information, Litigation, and Common Law Evolution’ PART III PUBLIC CHOICE AND PUBLIC LAW 10. Frank H. Easterbrook (1983), ‘Statutes’ Domains’ 11. McNollgast (1994), ‘Legislative Intent: The Use of Positive Political Theory in Statutory Interpretation’ 12. Robert Cooter (2002), ‘Constitutional Consequentialism: Bargain Democracy versus Median Democracy’ 13. Francesco Parisi (2003), ‘Political Coase Theorem’ 14. Alan Schwartz and Robert E. Scott (1995), ‘The Political Economy of Private Legislatures’ 15. Tom Ginsberg (2002), ‘Ways of Criticizing Public Choice: The Uses of Empiricism and Theory in Legal Scholarship’ PART IV FEDERALISM AND CHOICE OF LAW 16. Andrew T. Guzman (2002), ‘Choice of Law: New Foundations’ 17. Robert P. Inman and Daniel L. Rubinfeld (1997), ‘Rethinking Federalism’ 18. Lucian Arye Bebchuk (1992), ‘Federalism and the Corporation: The Desirable Limits on State Competition in Corporate Law’ 19. Roberta Romano (2006), ‘The States as a Laboratory: Legal Innovation and State Competition for Corporate Charters’ 20. Michael J. Trebilcock (2003), ‘The Law and Economics of Immigration Policy’ Name Index

Read more less

Book SynopsisFor over fifty years project analysis techniques have been applied in the assessment of development projects where poorly designed and appraised projects can waste scarce resources. This study examines the continued relevance of this approach, assesses methodological developments over this period and investigates current practical problems in the application of these techniques. This major work brings together authors with experience of both academic and operational project work to focus on issues such as the shadow exchange rate, the shadow wage, the discount rate and assessment of poverty impact and risk, as well as problems relating to specific sectors covering environmental projects, transport, education and health. There are also general chapters on the experience of semi-input-output-based estimation of shadow prices and the relevance of shadow pricing techniques to the context of developed economies in the EU. An overview by the editors sets out the evolution of the literature and highlights current issues. The general conclusion is that project analysis techniques remain relevant, albeit within a very different development context to that in which they were originally envisaged to be applied. With new perspectives on key economic parameters, this book will appeal to academics working on development, officials involved with project aid programs, postgraduate students of development and professional economists working on development projects. Contributors: P.B. Anand, M. Florio, M. Fujimura, E. Kula, E. Londero, C. Nash, D. Potts, S. Vignetti, K. Ward, J. WeissTable of ContentsContents: 1. Editors’ Introduction David Potts and John Weiss 2. Estimating a Shadow Exchange Rate Elio Londero 3. Shadow Wages Rates in a Changing World David Potts 4. Semi-Input–Output Methods of Shadow Price Estimation: Are They Still Useful? David Potts 5. Projects and the MDGs: Estimating Poverty Impact Manabu Fujimura 6. Projects and Risk John Weiss and Keith Ward 7. Discounting: Does it Ensure Intergenerational Equity? Erhun Kula 8. Environmental Valuation P.B. Anand 9. Assessing the Benefits of New or Improved Roads Chris Nash 10. Project Appraisal in Health: Cost Effectiveness Approaches John Weiss 11. Measuring Benefits from Education David Potts 12. Cost–Benefit Analysis Traditions: The Approach of EU Regional Policy Massimo Florio and Silvia Vignetti Bibliography Index

Read more less

Book SynopsisDrawing on cases from electricity distribution and other infrastructure industries, and from experiences spanning Asia, Africa and Latin America, this book examines new business models to bring basic utility services to the four billion people comprising the base of the socio-economic pyramid. Throughout the world, people continue to suffer severe electricity shortages and lack potable water. Contributors to this work, who include academics and practitioners from the World Bank, the Inter-American Development Bank, USAID, the AES Corporation and several academic institutions, show that access to utilities is key for achieving economic growth and improving the lives of citizens worldwide. They offer analyses of business models in utilities serving the bottom of the pyramid (BOP) through market mechanisms and showcase innovations in organizational processes and services in order to effectively reach the BOP. The book also discusses the key factors in developing profitable business ventures that can engage the world?s four billion poor. The book is aimed at both academics with an interest in applied research in business and the role of markets in servicing the poor worldwide, practitioners, public sector organizations and NGOs engaged in supplying, financing, and managing microcredit and market initiatives with low-income sectors, and international utility companies and other firms seeking to expand in emerging markets. In addition, the book will be useful as a text in a variety of courses and will give readers a deeper understanding of the potential for business to alleviate poverty, as well as inspire a deeper involvement in social issues as a career alternative or voluntary activity.Table of ContentsContents: Foreword 1. Introduction: Utilities at the Base of the Pyramid Patricia Márquez and Carlos Rufín 2. Reaching Scale: Utilities as Platforms to Provide Opportunities for the Majority Francisco Mejía 3. The Innovative Use of Mobile Telephony in the Philippines: Lessons for Africa Shawn Mendes 4. Information and Communication Technologies and the Base of the Pyramid: Lessons from the Philippines’ Last Mile Initiative Gigo Alampay 5. Power Distribution in Argentina: Are the Strategies for the Base of the Pyramid Actually BOP Strategies? Miguel Ángel Gardetti 6. Prepaid Meters in Electricity: A Cost–Benefit Analysis Ariel A. Casarín and Luciana Nicollier 7. Challenges and Opportunities in Electricity Service Provision for Urban BOP Communities Simone Lawaetz and Connie Smyser 8. Delivering Utility Services to the Poor Using Output-Based Aid Approaches Patricia Veevers-Carter and Cathy Russell 9. A Utility’s Perspective on Assisting BOP Communities: The AES Corporation’s Experience Scarlett Álvarez and Francisco Morandi 10. One Step Toward Citizenship: The Slum Electrification and Loss Reduction Pilot Project in São Paulo, Brazil Ivar Pettersson 11. Conclusions: Providing Utilities to the Poor Patricia Márquez and Carlos Rufín References Index

Read more less

Book SynopsisOver the past two decades, China has become an economic powerhouse. However, as the world's largest producer of CO2 emissions, the scale and seriousness of China's environmental problems are clearly evident. This pioneering book provides an economic analysis of the significant environmental and energy problems facing China in the 21st century.Chinese Economic Development and the Environment measures productivity, taking into account energy resources and environmental attributes that are central to sustaining economies. Applying an integrated model of energy production, transformation and consumption processes, the authors investigate the underlying driving forces behind trends in CO2 emissions in relation to the total primary energy supply. Exploring the history and development of China's economic, energy and environmental policy, this book will strongly appeal to postgraduate students in economics and environmental studies. It will also be beneficial for practitioners and policy-makers interested in understanding how successful market and environmental policies can contribute to efficiency by encouraging, rather than inhibiting, technological innovation.Trade Review'. . . the book represents a considerable effort to shed light on China's environmental crisis and its relationship to the rapid economic growth of the country. It is empirically driven, methodologically innovative, and well worth reading.' -- Bryan Tilt, Environment and Planning C'The authors are to be congratulated for a book that provides a comprehensive and vigorous analysis of many pressing environmental issues which China faces now and will face in the future. The book will be of interest to a broad audience, and is a must-read for and should be on the book shelf of anyone concerned about and attempting to understand environmental issues related to agriculture, water, industry, energy production and use, investment and development in China.' -- Zhongxiang Zhang, The China JournalTable of ContentsContents: Preface 1. Introduction: Economic Growth and the Environment 2. Environmental Kuznets Curve 3. Efficiency in Environment Management 4. Wastewater, Waste Gas and Solid Waste 5. Foreign Direct Investment and Environmental Policies 6. Increasing Returns to Pollution Abatement 7. Causal Direction Between Pollution Abatement and Environmental Efficiency 8. Water and Agriculture 9. Iron and Steel Industry 10. Stagnancy of Energy-Related CO2 Emissions 11. Energy Supply-Side and Demand-Side Effects 12. Experts’ Judgment on the Future Perspective 13. Conclusion Index

Read more less

Book SynopsisThe agriculture sector around the world has experienced profound changes in recent years. This unique and path-breaking Handbook draws together the best current research in the area of entrepreneurship in agriculture, food production and rural development.Agriculture policy reforms have impacted farm incomes, while demand side changes have required the development of sophisticated market driven strategies. Farmers have demonstrated uneven abilities to adapt and adjust to these ongoing changes. The ability and propensity of farmers to engage in entrepreneurial behaviors is a key explanation of the different patterns of responses within the sector. This book examines these issues through three main themes. The first theme focuses on the firm and the individual entrepreneurs, exploring entrepreneurship within the farm sector. The second takes a sector and industry perspective, exploring new developments in food production and distribution systems. The third theme explores the inter-relationship between agricultural entrepreneurship and its spatial context. Contributions are drawn from international research settings (Scandinavia, Europe, Asia, North America, Australasia) and offer an interdisciplinary approach to the subject.This astute Handbook, which will challenge and enrich the current literature, will appeal to academics in entrepreneurship, small business studies, agriculture, rural studies, rural sociology and agricultural economics, as well as food industry economists, policymakers and all those interested in supporting agricultural and rural businesses.Trade Review‘The great strength of The Handbook of Research on Entrepreneurship in Agriculture and Rural Development is the breadth of topics covered. . . all researchers in the field of entrepreneurship will find an inspiring source of diverse analyses bundled in this book. Newcomers in this field may value the book for giving an orientation of the domain of entrepreneurial research.’ -- Thomas Herzfeld, Quarterly Journal of International Agriculture‘The Handbook presents studies on entrepreneurship within the agricultural industry and how farmers and others within the industry have had to adapt to market changes in recent years. . . This title will provide a lot of new information and intriguing facts for those interested in agricultural entrepreneurship.’ -- Shannon Graff Hysell, American Reference Books Annual 2012‘The motivation for this book is well articulated by the editors in their excellent introduction. . . the editors deserve a lot of credit for drawing together different research domains on entrepreneurship in agriculture, food production and rural development. . . the Handbook gives a broad overview of the research going on in the field and because of the diverse nature of the contributions it also bundles a world of case studies and interesting literature sources. This makes it a must-read for everyone working in the field!’ -- Jos Verstegen, European Review of Agricultural EconomicsTable of ContentsContents: 1. Introduction: Researching Entrepreneurship in Agriculture and Rural Development Gry Agnete Alsos, Sara Carter, Elisabet Ljunggren and Friederike Welter PART I: ENTREPRENEURSHIP IN THE FARMING SECTOR 2. The Development of New Ventures in Farm Businesses Richard Ferguson and Christer Olofsson 3. Pluriactivity, Entrepreneurship and Socio-economic Success of Farming Households Lasandahasi R. de Silva and Sarath S. Kodithuwakku 4. The Family Farm as a Premise for Entrepreneurship Anne Moxnes Jervell 5. Entrepreneurial Efforts and Change in Rural Firms: Three Case Studies of Farms Engaged in On-farm Diversification Jorunn Grande 6. Obstacles to the Development and Strategic Intentions of Forestry SMEs in Eastern Canada Etienne St-Jean, Luc LeBel and Josée Audet 7. Entrepreneurial Skills Among Farmers: Approaching a Policy Discourse Jarkko Pyysiäinen, Darren Halpin and Kari Miko Vesala PART II: INNOVATIONS IN FOOD PRODUCTION AND DISTRIBUTION 8. The Determinants of High-growth Entrepreneurship in the Scottish Food and Drink Cluster Ross Brown 9. Entrepreneurship First or Last? Biodynamic Enterprise in New Zealand Kate Lewis, Robyn Walker and Sue Cassells 10. Contextualising Business Model Development in Nordic Rural Gourmet Restaurants Magdalena Markowska, Rögnvaldur J. Saemundsson and Johan Wiklund 11. The Arkansas Delta Produce Marketing Association: Rural Entrepreneurship in the US Delta Region Kenneth L. Robinson, Edward Abrokwah, Iris Liang, Scott Sanders, Michael Wang and Kytson McNeil 12. Why do Farm Entrepreneurs Sell at Farmers’ Markets? Insights from Norway Asbjørn Veidal and Ola Flaten 13. Beware of Geeks Bearing Gifts? Online Latent and Untapped Outlets for Farmers’ Markets in South East Wales David Pickernell, Christopher Miller, Julienne Senyard, Brychan Thomas and Richard Tunstall PART III: AGRICULTURAL ENTREPRENEURSHIP AND ITS SPATIAL CONTEXT 14. The Welfare Effect of Economic Diversity in Rural Regions: An Analysis of Dutch Municipalities Sierdjan Koster, Aleid E. Brouwer and Eveline S. van Leeuwen 15. Rural Enterprise and Neo-endogenous Development Jane Atterton, Robert Newbery, Gary Bosworth and Arthur Affleck 16. Agricultural and Forestry Entrepreneurship: Learning from the Experience of an Aboriginal Community in Canada Jean-Michel Beaudoin, Luc LeBel and Luc Bouthillier 17. The Entrepreneurial Farmer in Action: The Use of Different Forms of Capital Jane Glover Index

Read more less

Book SynopsisIn this fascinating book, Sambit Bhattacharyya presents a detailed account of the socio-economic processes that create broad variations in living standards across the globe. The author examines the world's economic history over the last five centuries, replete with growth miracles and growth debacles: growth in Britain was steady, yet China lost her early advantage; North America settler colonies performed significantly better than those of Asia and Africa; Australia and Argentina were notably similar at the start of the twentieth century but delivered strikingly different growth outcomes. The book argues that these differences in growth rate are best explained by an interplay of factors, namely economic, political and geographical. In conclusion it presents long-run comparative growth narratives for Africa, China, India, the Americas, Russia and Western Europe. Presenting a unique and original analytical framework to explain economic growth and decline, and bridging empirical growth literature and economic history, this book will prove a stimulating read for both academic and professional economists, and scholars of economic history and economic growth. Other social scientists including sociologists, political scientists and economic historians will also find the book to be of great value.Contents: 1. Introduction Part I: History and Economic Development 2. The Great Divergence: An Account of the Growth Miracles and Growth Debacles Since 1000 A.D. 3. Theories of Root Causes of Economic Progress 4. Empirical Evidence 5. Root Causes of Economic Development: A Unifying Framework Part II: Promoting Growth in the Current Environment: Evidence and Policies 6. Institutions and Trade: Competitors or Complements in Economic Development 7. Improving Institutions with Trade Policy: Myth or a Possibility 8. Which Institutions Matter Most for Economic Growth? 9. Making Policy Work: A Road Map for Future Growth BibliographyTrade Review’Sambit Bhattacharyya's book on economic growth reviews aspects of both theory and evidence from the modern growth literature. The review will be useful and interesting to anyone - laymen, students, or trained economists - who desire a better understanding of modern growth theory and evidence. Economic historians may be particularly interested in its application of modern growth theory to various countries at different stages of development and over time.’ -- John W. Dawson, EH.NetTable of ContentsContents: Preface 1. Introduction Part I: History and Economic Development 2. The Great Divergence: An Account of the Growth Miracles and Growth Debacles Since AD 1000 3. Theories of Root Causes of Economic Progress 4. Empirical Evidence 5. Root Causes of Economic Development: A Unifying Framework Part II: Promoting Growth in the Current Environment: Evidence and Policies 6. Institutions and Trade: Competitors or Complements in Economic Development 7. Improving Institutions with Trade Policy: Myth or a Possibility 8. Which Institutions Matter Most for Economic Growth? 9. Making Policy Work: A Road Map for Future Growth References Index

Read more less

Book SynopsisIntellectual property (IP) has gained an unprecedented importance in the new world of globalization and the knowledge economy. However, experience, as well as cyclical attitudes toward IP, show that there is no universal model of IP protection.This comprehensive book considers new and emerging IP issues from a development perspective, examining recent trends and developments in this area. Presenting an overview of the IP landscape in general, the contributing authors subsequently narrow their focus, providing wide-ranging case studies from countries across Africa, Asia and Latin America on topical issues in the current IP discourse. These include the impact of IP on the pharmaceutical sector, the protection of life forms and traditional knowledge, geographical indications, access to knowledge and public research institutes, and the role of competition policy. The challenges developing countries face in the TRIPS-Plus world are also explored in detail. The diverse range of contributions to this thought-provoking book offer a wide variety of alternative perspectives on and solutions for the controversial issues surrounding the role of IP within sustainable development. As such, it will prove a stimulating read for government policy-makers, trade negotiators, academics, lawyers and IP practitioners in general, UN and other intergovernmental agencies, development campaigners and aid agencies, environmentalist groups and university students.Trade Review‘Intellectual Property and Sustainable Development is a 459-page compendium cooperatively compiled and edited book featuring informed and informative perspectives from an impressive roster of academicians and experts on a range of intellectual property issues from international case studies drawn from Africa, Asia, Central America, and the Middle East. Enhanced with an extensive bibliography and a comprehensive index, Intellectual Property and Sustainable Development is a seminal work that is especially recommended for academic, corporate, and governmental reference libraries in general, and the reading lists of policy-makers, trade negotiators, and intellectual property attorneys in particular.' -- Michael Dunford, The Midwest Book Review'This is a thought-provoking book with relevance to a broad readership, especially IP practitioners with a strong international focus.' -- Australian Intellectual Property Law BulletinTable of ContentsContents: Introduction PART I: THE NEW IP LANDSCAPE Section 1: A General Perspective 1. Rights in Basic Information Peter Jaszi Section 2: Taking up Reform 2. The Politics of Reform in Developing Countries Carolyn Deere 3. Intellectual Property Reforms in China Peter K. Yu 4. A Perspective on Reform in Arab Countries Ahmed Abdel Latif Section 3: Implications for Drug Pricing 5. A Review of the Economic Literature Keith E. Maskus PART II: POLICY CHALLENGES IN THE SOUTH Section 1: The Pharmaceutical Sector 6. The Case of the Generic Industry in India Biswajit Dhar and K.M. Gopakumar 7. TRIPS-Plus Policies and the Pharmaceutical Industry in Thailand Jakkrit Kuanpoth 8. The Ability to Utilize TRIPS Flexibilities in Sub-Saharan African Countries Tenu Avafia, Jonathan Berger and Trudi Hartzenberg Section 2: The Protection of Life Forms and Traditional Knowledge 9. Genetic Use Restriction Technologies and Sustainable Development in Eastern and Southern Africa Patricia Kameri-Mbote and James Otieno-Odek 10. Sui Generis Systems for Plant Variety Protection and Traditional Knowledge in Asia Daniel Robinson Section 3: Geographical Indications 11. Indications of Geographical Origin in Asia: Legal and Policy Issues to Resolve Dwijen Rangnekar Section 4: Access to Knowledge and the Role of Research Institutes 12. Education and Access to Knowledge in Southern Africa Andrew Rens, Achal Prabhala and Dick Kawooya 13. Innovation and Public Research in Central American Countries Jorge Cabrera PART III: RESPONSES TO THE TRIPS-PLUS WORLD 14. Promoting Checks and Balances Carsten Fink 15. A Model Law for the Protection of Undisclosed Data Carlos M. Correa 16. Enforcement Provisions of EPAs Sisule F. Musungu Bibliography Index

Read more less

Book SynopsisThe main challenges the European Single Market is facing in the 21st century result from the enlargement to Central and Eastern Europe, the EMU, and the globalization of trade and investment that has aided the rise of competitive emerging markets. This state-of-the-art book provides fresh theoretical and empirical evidence on the challenges presented by integration and globalization for both developed and developing countries. The authors demonstrate how the European Single Market remains a work in progress with many critical issues still to be addressed. These include the rigidities in product and labor markets, the need for innovation and quality upgrading, and the rapid catch-up of new member countries. They go on to show how firms use the opportunities provided by integration and globalization to fragment their production processes internationally, which brings gains but also requires structural adjustment. The book also argues that global environmental coordination may be less detrimental to the growth prospects of developing countries than is commonly believed. Illustrating a number of methodologies, this book will be a great resource tool for postgraduates and undergraduates in the fields of international economics and business, as well as researchers and policy-makers.Trade Review'In some respects, intra-EU integration and globalisation move together since the Union is very open. In other respects, there are frictions such as a slowly widening wage gap between skills and the fear of continuous relocation of companies to other continents. This book highlights the interaction between these two phenomena in various ways by adding new empirical work on globalisation e.g. outsourcing, spill-overs for developing countries under climate change strategies ("carbon leakage" in EU jargon) and exchange pass-through after opening the economy to globalisation (example, India). For the EU the double challenge of absorbing the impact of globalisation and the ambitious deepening of its internal market is discussed by (rightly) focussing on EU countries most vulnerable to globalisation, i.e. the new Member States given their new production and trade structures. Altogether, a timely and useful contribution.' -- Jacques Pelkmans, College of Europe, Bruges and Vlerick School of Management (Leuven & Gent), Belgium'This is a well-researched collection by known and aspiring authors. Their mission is to describe and analyse the phenomenon of globalization with special reference to the European exemplar of this state of affairs, namely the EU. The reader will find enlightening material here on diverse aspects of the economic impact of Europeanization-globalization: students of modern international economics should find it on their reading lists.' -- Michael Artis, University of Manchester, UK'This is a collection of papers that is stimulating and rewarding to read. This book is a "must read" for graduate students, professional researches and policy-makers.' -- Hamid Beladi, University of Texas, San Antonio, US'Here is a volume that discusses the challenges of globalization and integration for both the European Union and for developing countries. Important issues like innovation, competition, integrated markets, outsourcing and exchange rate pass-through are discussed in detail. This volume will be of interest to practitioners and researchers interested in the challenges facing the global economy.' -- Rick van der Ploeg, University of Oxford, UKTable of ContentsContents: Preface PART I: OVERVIEW 1. Integration and Globalization: An Overview Helena Marques, Elias Soukiazis and Pedro Cerqueira PART II: EUROPEAN ECONOMIES AND INTEGRATION 2. Challenges for the Internal Market in the 21st Century Fabienne Ilzkovitz, Adriaan Dierx, Viktoria Kovacs and Nuno Sousa 3. Testing Nominal Rigidities in an Integrated Economy: An Application to Spain Maria Ángeles Caraballo and Carlos Usabiaga 4. Innovation, Competitiveness and Growth: The Case of Central and Eastern European Countries Eleonora Cavallaro and Marcella Mulino 5. Price Convergence in the New EU Member States: Selected Aspects and Implications Václav Zd’árek PART III: DEVELOPING ECONOMIES AND GLOBALIZATION 6. Outsourcing: A Story of Metamorphosis Soumodip Sarkar 7. International Spillovers and Learning by Doing in a Regionalized Model of Climate Change: A Post-Kyoto Analysis Nicola Cantore 8. Assessing Exchange Rate Pass-Through in India During Recent Globalization Sushanta Mallick and Helena Marques 9. A Dynamic CGE Analysis of the EU–Jordan FTA: Welfare and Policy Implications Omar Feraboli Index

Read more less

Book SynopsisThis book examines in detail the features and dynamics of sectoral systems of innovation and production in developing countries. Processes of rapid growth are usually associated with specific sectors such as automobiles, electronics or software, as well as with the transformation of traditional sectors such as agriculture and food. The book shows, however, that the variations across all these sectors in terms of structure and dynamics is so great that a full understanding of these differences is necessary if innovation is to be encouraged and growth sustained.The expert contributors promote this understanding by drawing upon empirical evidence from a wide range of sectoral systems, from traditional to high technology, and across a number of countries. They explore how these systems change and evolve, highlighting policy lessons to be drawn from the analysis. Case studies include the Brazilian aeronautical, pulp and paper industries, the Korean machine tool sector, motorbike manufacture in Thailand and Vietnam, pharmaceuticals and telecommunication equipment in India, ICT in Taiwan, the biofuels sector in Tanzania, salmon farming in Chile and software in Uruguay.Scholars and researchers in the fields of economics - development economics in particular - and innovation will find this book to be of great interest. Policymakers and managers focussing on innovation and growth in developing countries will also warmly welcome the book.Trade Review'Over the past decade there has been a dramatic increase in the quantity and quality of research focused on the processes through which technological capabilities are acquired by countries significantly behind the economic frontier, and the institutions that effectively support the catching up process. This book is a splendid contribution to this literature. The concept of a "sectoral innovation system" is well suited for framing studies of these kinds of questions, and serves well to unify the many interesting empirical studies in the book. Some of those studies are success stories, others of less successful cases. Readers new to this body of research will find this book a great introduction. All readers will learn a lot from it about what is required for and involved in economic development.' -- Richard R. Nelson, Columbia Earth Institute, US and University of Manchester, UKTable of ContentsContents: PART I: INTRODUCTION 1. Sectoral Systems of Innovation and Production in Developing Countries: An Introduction Franco Malerba and Sunil Mani PART II: ACTORS AND STRUCTURE OF SECTORAL SYSTEMS IN DEVELOPING COUNTRIES 2. Why is the Indian Pharmaceutical Industry More Innovative than its Telecommunications Equipment Industry? Contrasts between the Sectoral Systems of Innovation of the Indian Pharmaceutical and Telecommunications Industries Sunil Mani 3. From Innovation Projects to Knowledge Networks: Knowledge as Contingency in the Sectoral Organization of Innovation Fernando Perini 4. Learning, Innovation and Public Policy: The Emergence of the Brazilian Pulp and Paper Industry Hannes Toivanen and Maria Barbosa Lima-Toivanen 5. The Software Sector in Uruguay: A Sectoral Systems of Innovation Perspective Marjolein Caniëls, Effie Kesidou and Henny Romijn 6. Sectoral System of Innovation in Brazil: Reflections about the Accumulation of Technological Capabilities in the Aeronautic Sector (1990–2000) Rosane Argou Marques and L. Guilherme de Oliveira PART III: DYNAMICS AND EVOLUTION OF SECTORAL SYSTEMS 7. China’s Threat and Opportunity for the Thai and Vietnamese Motorcycle Industries: A Sectoral Innovation System Analysis Patarapong Intarakumnerd and Mai Fujita 8. ‘Low-Tech’ Industry: A New Path for Development? The Case of the Salmon Farming Industry in Chile Michiko Iizuka 9. Making a Technological Catch-up in the Capital Goods Industry: Barriers and Opportunities in the Korean Case Yoon-Zi Kim and Keun Lee 10. From ‘Nuts and Bolts’ to ‘Bits and Bytes’: The Evolution of Taiwan ICT in a Global Knowledge-based Economy Ting-Lin Lee 11. Prospects for Jatropha Biofuels in Tanzania: An Analysis with Strategic Niche Management Janske van Eijck and Henny Romijn Index

Read more less

Book SynopsisThe 2004 Asian tsunami was the greatest natural disaster in recent times. Almost 230 000 people died. In response, governments in Asia and the broader international community announced large aid programs. The resulting assistance effort was one of the largest humanitarian programs ever organized in the developing world. This book discusses the lessons of the aid effort for disaster protection policy in developing countries.How effective was the aid? What lessons can be learnt about how to respond when disasters strike in poor countries? This insightful book addresses these questions drawing on three themes of current development policy: international aid policy; human security and the poor; and approaches to disaster risk reduction. The most important lesson is the need to `go local' in building up resilience at the grassroots level in poor countries in Asia. Other lessons include the need for better cooperation between the international community and local and national organizations as well as the need to ensure that adequate funding is provided to support disaster protection and post-disaster recovery programs while taking into account cost inflation associated with large-scale reconstruction efforts.This analysis draws on the views of local contributors from the countries most affected by the disaster. Analysts and administrators involved in disaster response activities from international organizations, NGOs and national governments will find this a unique and important resource for their forward planning. The book will also prove to be invaluable for academics and students studying disaster management and human security, international aid policy, international relations and Asian economic issues.Trade Review‘This book is a welcome addition to the literature on aid and reconstruction after natural disasters. . . Policymakers in local agencies and international organisations, as well as those who are interested in the issues of aid delivery, will find this volume interesting and useful.’ -- Monica Lindberg, South East Asia Research‘The recent earthquakes and tsunami in Japan have focused the world’s attention on natural disasters and the costs of recovery perhaps more than at any time since the Asian tsunami of 2004. It is this 2004 tsunami that serves as the foundation for this very important, timely contribution to the literature on emergency relief response. . . Recommended.’ -- S.J. Gabriel, Choice‘The Asian Tsunami is designed for all those interested in the issues of aid delivery. However, I do suggest this book should also be essential reading for all politicians and journalists concerned with the issue.’ -- Nicholas Newman, Oxford Prospect‘This book is a valuable contribution to the literature on responses to megadisasters in Asia. The study looks closely at the lessons to be drawn from the unprecedented aid effort after the Asian tsunami. Unlike much of the literature about post-tsunami aid programs, the book presents data gathered by local scholars in key disaster-affected countries: Indonesia, Thailand and Sri Lanka. Focusing on the goal of strengthening human security, it emphasizes the need to design programs to build resilience against disaster at the local community level. The key recommendations propose two critical reforms to the approach to disaster risk reduction in the region: there should be more emphasis on pro-active disaster preparedness programs than on reactive post-disaster responses; and there should be much more attention given to engaging local communities in designing and implementing effective disaster preparation and response programs. Policy-makers in local agencies and in international organizations need to heed these vital conclusions.’ -- Glenn Denning, Columbia University, USTable of ContentsContents: Foreword by Masahiro Kawai Preface 1. The Tsunami 2. Response to Disaster: Issues 3. The Matter of Money 4. Indonesia: The First Two Years After the Tsunami 5. Sri Lanka 6. Thailand 7. Conclusion Index

Read more less

Book SynopsisThis important book addresses a number of key issues regarding the relationship between the rule of law and development. It presents a deep and insightful inquiry into the current orthodoxy that the rule of law is the panacea for the world's problems. The authors chart the precarious progress of law reforms both in overall terms and in specific policy areas such as the judiciary, the police, tax administration and access to justice, among others. They accept that the rule of law is necessarily tied to the success of development, although they propose a set of procedural values to enlighten this institutional approach. The authors also recognize that states face difficulties in implementing this institutional structures and identify the probable impediments, before proposing a rethink of law reform strategies and offering some conclusions about the role of the international community in the rule of law reform.Reviewing the progress in the rule of law reform in developing countries, specifically four regions - Latin America, Africa, Central and Eastern Europe, and Asia - this book makes a significant contribution to the literature. It will be of great interest to scholars and advanced students, as well as practitioners in the field, including international and bilateral aid agencies working on rule of law reform projects, and international and regional non-governmental organizations (NGOs) that focus on rule of law reform as a major aspect of their mandate.Trade Review‘Rule of Law Reform and Development stands out as an important contribution. Michael Trebilcock and Ronald Daniels have produced an ambitious, comprehensive, and persuasive book that will be of interest to both rule of law practitioners and academics. . . the book's overall strengths as a near-encyclopaedic appraisal of law and development will ensure its standing as a key resource for this still rapidly evolving field.' -- Irina Ceric, Canadian Journal of Law and Society'This book offers a sophisticated yet pragmatic account of the proper purposes of rule of law reform, the obstacles to achieving it, and the role that the international community can play. The procedural conception of the rule of law offers an appealing alternative to both one-size-fits-all universalism on the one hand and unconstrained relativism on the other.' -- Kevin Davis, New York University School of Law, US'This is the book that I have been waiting for. Even though "rule of law" has become the new mantra in development, its meaning remains elusive and its operational content unclear. This book helps us think systematically about it. Grounded in a procedural conceptualization of the rule of law, and supported by detailed case studies, Trebilcock and Daniels' analysis lays out a theoretically sophisticated, yet practical agenda for making progress with rule-of-law reforms.' -- Dani Rodrik, Harvard University, US'This is a book on the role of legal institutions in economic development that is rich in institutional analysis and nuanced in terms of sensitivity to social, historical and political-economy issues that arise in the implementation of the rule of law. I particularly value its major focus on the need for balance between "independence" and "accountability" that afflict any rule of law reform: a balance which is missing in more one-sided accounts in the literature. I believe the book will be widely read and appreciated.' -- Pranab Bardhan, University of California, Berkeley, USTable of ContentsContents: 1. The Relationship of the Rule of Law to Development 2. The Judiciary 3. Police 4. Prosecution 5. Correctional Institutions 6. Tax Administration 7. Access to Justice 8. Legal Education 9. Professional Regulation 10. Rethinking Rule of Law Reform Strategies Index

Read more less

Book SynopsisBuilding on Oliver Williamson's original analysis, the contributors introduce new ideas, different perspectives and provide tools for better understanding changes in the approach to regulation, the reform of public utilities, and the complex problems of governance. They draw largely upon a transaction cost approach, highlighting the challenges faced by major economic sectors and identifying critical flaws in prevailing views on regulation. Deeply rooted in sector analysis, the book conveys a central message of new institutional economics: that theory should be continuously confronted by facts, and reformed or revolutionized accordingly. With its emphasis on the institutional embeddedness of regulatory issues and the problems generated by the 'benign neglect' of institutional factors in the reform of major public utilities, this book will provide a wide-ranging audience with challenging views on the dynamics of regulatory approaches. Economists, political scientists, postgraduate students, researchers and policymakers with an interest in institutional economics and economic organization will find the book to be a stimulating and enlightening read.Trade Review'After 25 years of industry restructuring, regulatory reform and deregulation across many industrial sectors in many countries, it is an appropriate time to take stock of the impacts of these reforms on consumers, producers and overall economic performance. This book contains the latest thinking on these issues by a distinguished international group of scholars. It's a collection of essays for our time that is well worth reading.' -- Paul L. Joskow, Massachusetts Institute of Technology, US'The most exciting development in the study of regulation in the past quarter century is research on the incentives that are created by the details of the procedures for creating and enforcing regulatory rules. This book brings together a rich collection of studies that collectively advance our understanding of the effect of regulatory governance on the performance of regulated firms, with important lessons about how to design more effective regulatory instruments and processes.' -- Roger G. Noll, Stanford University, US'Cycles of poorly-designed or weakly-enforced regulation, disappointing performance and political over-reaction are now familiar to students of regulated industries. Nourished by recent developments in the economics of incentives, including their transaction costs and property rights dimensions, and written by renowned experts in the field, Regulation, Deregulation, Reregulation is a must-read for all those interested in the economics and politics of regulation. A timely book, the publication of which coincides with the designing of a post-subprime regulatory framework for the financial industry.' -- Jean Tirole, Toulouse School of Economics, FranceTable of ContentsContents: Introduction Claude Ménard PART I: ANALYTICAL FRAMEWORK 1. Transaction Cost Economics: The Precursors Oliver E. Williamson 2. Property Rights Allocation of Common Pool Resources Gary D. Libecap 3. An Institutional Theory of Public Contracts: Regulatory Implications Pablo T. Spiller 4. Incentives and Transaction Costs in Public Procurement Steven Tadelis 5. From Technical Integrity to Institutional Coherence: Regulatory Challenges in the Water Sector Claude Ménard PART II: GOVERNANCE AND PERFORMANCE 6. Regulatory Governance and Sector Performance: Methodology and Evaluation for Electricity Distribution in Latin America Luis Andres, José Luis Guasch and Sebastián Lopez Azumendi 7. Vertical Relations and ‘Neutrality’ in Broadband Communications: Neither Market nor Hierarchy? Howard A. Shelanski 8. Deregulation, Efficiency and Environmental Performance: Evidence from the Electric Utility Industry Magali A. Delmas, Michael V. Russo, Maria J. Montes-Sancho and Yesim Tokat 9. The Achievement of Electricity Competitive Reforms: A Governance Structure Problem? Jean-Michel Glachant and Yannick Perez 10. The US Postal Service R. Richard Geddes PART III: ADAPTATION AND CHANGES 11. The Sarbanes–Oxley Act at a Crossroads Roberta Romano 12. Information Asymmetries and Regulatory Rate-Making: Case Study Evidence from Commonwealth Edison and Duke Energy Rate Reviews Adam Fremeth and Guy L.F. Holburn 13. Adaptation in Long-term Exchange Relations: Evidence from Electricity Marketing Contracts Dean V. Williamson 14. Why and How Should New Industries with High Consumer Switching Costs be Regulated? The Case of Broadband Internet in France Jackie Krafft and Evens Salies 15. The Puzzle of Regulation, Deregulation and Reregulation Michel Ghertman Index

Read more less

Book SynopsisThis topical study focuses on entrepreneurship and economic development in Europe's border regions. It highlights the effects of EU enlargement in these regions - both within the EU and in neighboring countries - paying particular attention to cross-border entrepreneurial activity.Cross-border cooperation involving entrepreneurs is attracting increasing attention in Europe as EU enlargement has increased the length of its borders with the former Soviet republics. The expert contributors highlight that border regions tend to be economically disadvantaged as a result of their peripherality, which means that cross-border cooperation for business purposes represents a potential development tool. This groundbreaking book contains an empirical evidence base drawn from regions in EU member states and the Newly Independent States, as well as providing a conceptual base for informed policy development.This insightful book will prove invaluable for academics and students of entrepreneurship, economics, development and European studies.Contributors include: E. Aculai, G. Agelopoulos, N. Alex, A. Bulgac, V. Gryga, N. Isakova, S. Kolb, K. Kolarov, O. Krasovska, L. Labrianidis, O. Linchevskaya, B. Piasecki, M. Pihlak, A. Pobol, A. Rogut, M. Slonimska, A. Slonimski, D. Smallbone, K. Todorov, U. Venesaar, N. Vogiatzis, E. Voutira, M. Xheneti, F. Welter, P. ZashevTable of ContentsContents: 1. Entrepreneurship in Europe’s Border Regions David Smallbone, Friederike Welter and Mirela Xheneti PART I: CONCEPTUAL ISSUES 2. Consequences of EU Enlargement for Economic Development in Border Regions Urve Venesaar and Merle Pihlak 3. Trust, Learning and Cross-border Entrepreneurship Friederike Welter, Nadezhda Alex and Susanne Kolb PART II: REGIONAL CASE STUDIES FROM THE EU 4. Cross-border Cooperation Within an Enlarged Europe: Görlitz–Zgorzelec Anna Rogut and Friederike Welter 5. Cross-border Cooperation in the Bulgaria–Greece–FYR of Macedonia Triangle Lois Labrianidis, Kiril Todorov, Georgios Agelopoulos, Efi Voutira, Kostadin Kolarov and Nikos Vogiatzis PART III: REGIONAL CASE STUDIES FROM THE NIS 6. EU Enlargement and SME Development in Moldovan Border Regions Elena Aculai and Adela Bulgac 7. Cross-border Cooperation and Innovation in SMEs in Western Ukraine Nina Isakova, Vitalii Gryga and Olha Krasovska 8. Cross-border Entrepreneurial Cooperation at the Household Level: Belarus and EU Countries Anton Slonimski, Anna Pobol, Olga Linchevskaya and Marina Slonimska PART IV: POLICY PERSPECTIVES 9. Cluster Development and Cluster Policies in EU Border Regions Peter Zashev 10. Governance Structures and Practices in Cross-border Cooperation: Similarities and Differences between Polish Regions Anna Rogut and Bogdan Piasecki 11. Public Policy and Cross-border Entrepreneurship in EU Border Regions: An Enabling or Constraining Influence? David Smallbone and Mirela Xheneti Index

Read more less

Book SynopsisManaging Capital Flows provides analyses designed to help policymakers develop a framework for managing capital flows that is consistent with prudent macroeconomic and financial sector stability.While capital inflows can provide emerging market economies with significant benefits in pursuing economic development and growth, they can also pose serious policy challenges for macroeconomic management and financial sector supervision. The expert contributors cover a wide range of issues related to managing capital flows and analyze the experience of emerging Asian economies in dealing with surges in capital inflows. They also discuss possible policy measures to manage capital flows while remaining consistent with the goals of macroeconomic and financial sector stability. Building on this analysis, the book presents options for workable national policies and regional policy cooperation, particularly in exchange rate management.Containing chapters that bring in international experiences relevant to Asia and other emerging market economies, this insightful book will appeal to policymakers in governments and financial institutions as well as public and private finance experts. It will also be of great interest to advanced students and academic researchers in finance.Trade Review‘This is a good reference work to identify the slow but steady paradigm shift in thinking about the role of the State in handling hot money flows across international boundaries. It should appeal to both policymakers and students in economics, banking and finance in the search for workable national policies in an increasingly global and interlinked economy.’ -- Herb Thompson, Journal of Contemporary Asia‘Managing Capital Flows is an invaluable contribution to international economic studies shelves and highly recommended especially for college library collections and economic policymakers’ reading lists.’ -- The Midwest Book Review‘Restraints on hot money flows are respectable again, if only because of near zero short-term interest rates in the United States and Japan. This volume focuses mainly on Asian economies through overviews and nine specific country studies. It is an invaluable reference work on how governments use ever-changing rules governing banks as well as equity and portfolio investments to insulate their monetary systems from international hot money inflows.’ -- Ronald I. McKinnon, Stanford University, USTable of ContentsContents: Preface Masahiro Kawai Introduction Masahiro Kawai and Mario B. Lamberte PART I: MANAGING CAPITAL FLOWS IN EMERGING ASIA AND REVIEW OF THE LITERATURE 1. Managing Capital Flows: Emerging Asia’s Experiences, Policy Issues and Challenges Masahiro Kawai and Mario B. Lamberte 2. A Survey of the Literature on Managing Capital Inflows Masahiro Kawai and Shinji Takagi PART II: PERSPECTIVE PAPERS 3. Central Banks and Capital Flows Stephen Grenville 4. Managing Large Capital Inflows: Taking Stock of International Experiences Susan Schadler 5. Managing Recent Hot Money Inflows in Asia Robert N. McCauley 6. Crises, Capital Controls and Financial Integration Eduardo Levy-Yeyati, Sergio L. Schmukler and Neeltje van Horen 7. Managing Capital Flows: Experiences from Central and Eastern Europe Jürgen von Hagen and Iulia Siedschlag PART III: COUNTRY STUDIES 8. Managing Capital Flows: The Case of the People’s Republic of China Yongding Yu 9. Managing Capital Flows: The Case of India Ajay Shah and Ila Patnaik 10. Managing Capital Flows: The Case of Indonesia Ira S. Titiheruw and Raymond Atje 11. Managing Capital Flows: The Case of the Republic of Korea Soyoung Kim and Doo Yong Yang 12. Managing Capital Flows: The Case of Malaysia Kee Kuan Foong 13. Managing Capital Flows: The Case of the Philippines Josef T. Yap 14. Managing Capital Flows: The Case of Singapore Hwee Kwan Chow 15. Managing Capital Flows: The Case of Thailand Kanit Sangsubhan 16. Managing Capital Flows: The Case of Viet Nam Tri Thanh Vo and Chi Quang Pham Index

Read more less

Book SynopsisOrthodox trade and growth theory, and the world's multilateral development institutions, extol the virtues of trade liberalisation and free trade for more rapid economic development of poor countries. However, the contemporary reality and history seem to tell a different story. The world economy has experienced an unprecedented period of trade liberalisation in the last thirty years, and yet international and global inequality is widening; domestic poverty (outside of China) is increasing; poor countries' exports have grown more slowly than their imports leading to balance of payments crises, and the so-called globalising economies of the world (excluding China and India) have fared no better, and in some cases worse, than those countries that have not liberalised so extensively. This book argues that orthodox theory is based on many unreal assumptions, and that there are sound economic arguments for selective protection of industrial activities in the early stages of economic development. The historical evidence of the now-developed countries also illustrates this fact.With supporting empirical evidence, this book provides a powerful theoretical critique of orthodox trade theory. It will be of great interest to students taking courses in international trade and development economics, as well as to professional economists and policymakers in international development institutions.Trade Review'This is a meticulously researched and well written book on a subject of immense contemporary academic and policy interest.' -- Prema-chandra Athukorala, Journal of Development Studies'The book is a valuable contribution to the analysis of the links between trade liberalisation, poverty and inequality . . . The book is a coherent piece of work offering an abundance of well-researched and argued information, effectively establishing it as a notable contribution to the investigation and understanding of this very important field. Therefore this book is highly recommended as an important publication for everyone interested in this field as it is a powerful guide to the complex questions that emerge when dealing with the issues of trade liberalisation and poverty elimination at international level.' -- Marios Koutsias, International Trade Law and Regulation'Thirlwall and Pacheco-LOpez's book makes its contribution by serving as a clearly written synthesis of a diversity of literatures on trade liberalization and its impacts on growth, inequality and wages, and poverty. . . . the book is an excellent one. It should be a required reading companion to any graduate-level trade course.' -- Kevin P. Gallagher, Journal of Human Development and Capabilities'This book breaks out of the standard distinction between "free trade" and "protectionism", and shows how to think constructively about trade policy as an instrument of national economic strategy. It is highly recommended for those who wish to think beyond orthodoxy, and especially for those in developing countries who wish to influence negotiations with developed countries and western-based international organisations.' -- Robert Wade, London School of Economics, UKTable of ContentsContents: Preface 1. The Theory and Measurement of Trade Liberalisation 2. Trade Liberalisation, Trade Performance and Economic Growth 3. Trade Liberalisation and International Inequality 4. Trade Liberalisation, Poverty and Domestic Inequality 5. Trade Strategy and Economic Development Bibliography Index

Read more less

Book SynopsisFor many developing countries economic growth is an elusive quest. Both economists and policymakers have long known that issues such as education, investment and infrastructure are necessary ingredients for development and yet only a very small number of countries seem to be able to come up with the right mix of these ingredients. Bryan Ritchie demonstrates how political relationships among government, business, academic and labor leaders create different incentives for economic actors to make key decisions to promote economic upgrading and sustainable development. He reveals how these decisions affect matters such as bureaucratic structures, the language of education, a focus on technology and innovation, and the inclusion of labor in business strategy. These shape the institutional structures that in turn create the foundation of government policy. This insightful study shows that whether the political relationships that form are beneficial, or detrimental, to economic upgrading depends critically on levels of systemic vulnerability, a combination of resource endowments, domestic conflict and external military security. Systemic Vulnerability and Sustainable Economic Growth will be warmly welcomed by academics and researchers of political science, economics - development economics particularly - and Asian studies. Policymakers will find invaluable insights in to how government bodies can successfully incorporate actors from the private sector. The book will also appeal to business leaders wishing to know why policymakers act the way they do.Table of ContentsContents: Preface 1. Introduction 2. The Political Economy of Technical Intellectual Capital Formation 3. Some Preliminary Evidence 4. The Origin of Initial Institutional Decisions 5. Coalitions and Initial Decisions During State-Building 6. The Legacies of Initial Choices 7. Institutional Formation and Skills Development 8. The Asian Financial Crisis and Technical Intellectual Capital Formation References Index

Read more less

Book SynopsisGlobal threats can be expected to cause a global environmental crisis and declining living standards for most people. Threats analyzed include poverty, cultural, economic, political and religious fundamentalism, consumption, population increase and degradation of the global ecosystem. Chapters on the United States, China and Zambia illustrate difficulties that high, middle and low income countries face in addressing such threats. The final chapter examines the type of transformational change required just to reduce the rate and magnitude of future decline.Trade Review‘A work of political economy from the perspective of an anthropologist who has made a career of studying poverty and displaced people, Global Threats, Global Futures will prove rewarding reading for anyone concerned with issues of economic development, environmental and cultural degradation, and the causes and solutions of poverty. Most of all, Thayer Scudder illuminates a path, not only possible but plausible, through a destructive maze of humankind’s own making - if only the political will can be found to tread it.’ -- Engineering & Science‘Thayer Scudder is one of those gifted authors who have the experience and the vision to span multiple sectors and far flung sites in assessing where humankind and its habitat are heading. His restless curiosity in everything around him has led him to become not simply the world’s leading authority on the impacts on the lives of people resettled by dam-building projects but an innovative thinker about development anthropology and the threats to the globe from poverty, fundamentalism in all its pernicious forms and environmental degradation. This iconoclastic book assails sacred cows ranging from the World Bank to the malign role of Buddhist priests in the late civil war in Sri Lanka. The work is not reassuring. But its conclusion that humans can learn to live with declining living standards is more uplifting than doom-laden.’ -- David McDowell, Former Director General of the IUCN and New Zealand Ambassador to the United Nations‘Neither Pollyanna nor Prophet of Doom, Professor Scudder has drawn on his 55 years of international experience and presented a clear, hard hitting, extraordinarily well documented analysis of the critical and urgent global challenges that face humankind and of the transformations that will be required to meet those challenges. This is a very important book. It should be read by an informed public, but most particularly by leaders and policy makers of the world’s governments, international organizations, educational and religious institutions.’ -- Lee Talbot, George Mason University, US‘This is an extraordinary, bold, and exceptionally well thought out prospectus on the next century of the human condition. Declining living standards, consequential to the pervasive pursuit of growth in terms of Gross Domestic Product, is a central theme that is thoroughly documented and engagingly articulated. The decisive role in the decline of living standards played by global threats including poverty, fundamentalism, environmental degradation, wars, and excess consumption, is compellingly presented from the perspective of the author’s unique career.’ -- Burton Singer, Princeton University, USTable of ContentsContents: Introduction 1. The Threat of Global Poverty 2. The Threat of Fundamentalism 3. The Threat of Environmental Degradation 4. United States 5. People’s Republic of China 6. Zambia 7. Transforming Global Societies References Index

Read more less

Book SynopsisWorld economic performance over the last 50 years has been spectacular. The postwar period has witnessed impressive growth rates in Western Europe and Japan, and in recent times China and India. This new book discusses these issues and tackles topical questions such as; what are the socio-economic and institutional factors that have contributed to this impressive performance? Will China and India continue to grow at the same rate over the next two decades? What are the prospects for Japan, the US and other advanced economies? The book brings together contributions by eminent scholars including the late Angus Maddison, Professors Justin Lin, Bob Gordon, Ross Garnaut, Bart van Ark and others to provide answers to these fascinating questions. The chapters analyse the economic performance of selected countries including China, India, Japan, Indonesia and the US, as well as Western Europe, Latin America and developing countries as a group. The time period of the study is from 1850 to the present and includes forecasts to 2030.This well-documented book will be of considerable interest to development economists and country specialists working on countries such as China and India, economic historians who are interested in explaining the growth performance of countries, economists and economic statisticians who are interested in the measurement issues, and international organizations such as the OECD, World Bank and the UN. General readers and non-specialists who are interested in the world economic performance will also find much to interest them in this book.Contributors include: D. Blades, K. Fukao, R. Garnaut, R.J. Gordon, A.A. Hofman, D. Lal, A. Maddison, S. Menshikov, M. O'Mahony, D.S.P. Rao, O. Saito, A. Szirmai, M.P. Timmer, B. van Ark, P. van der Eng, F. Villarreal, H.X. Wu, J. Yifu LinTrade Review‘All in all, this extensive volume reads well, is thought provoking, and will stimulate further research. Angus would be certainly proud. I can only recommend you to rush to your library and get a copy before someone else does. You will not regret it!’ -- Leandro Prados de la Escosura, EH. Net‘Not only is this excellent collection of papers a fitting tribute to Angus Maddison, it is also a great resource for thinking about future patterns of global economic growth - both in the BRICS and the OECD - based on key insights from historical experience.’ -- Nicholas Crafts, University of Warwick, UK‘Angus Maddison may no longer be with us, but his spirit is very much alive. This collection of essays - including one by Maddison himself - shows how the methods he pioneered continue to shed new light on the comparative performance of nations and inspire successive generations of scholars.’ -- Barry Eichengreen, University of California at Berkeley, US‘The distinguished editors, leading authorities in the field of comparative quantitative economic development, have gathered a stellar group of authors to address arguably the most challenging question of our time: understanding development dynamics over time and across countries. They are to be congratulated for this comprehensive, stimulating and insightful volume. It is a fitting tribute to the late Angus Maddison, an intellectual giant in the study of long-term economic development, to whom the book is dedicated.’ -- Hal Hill, Australian National UniversityTable of ContentsContents: 1. Introduction D.S. Prasada Rao and Bart van Ark 2. Six Transformations in China: 960–2030 Angus Maddison 3. The Needham Puzzle, the Weber Question and China’s Miracle: Long Term Performance since the Sung Dynasty Justin Yifu Lin 4. An Indian Miracle? Deepak Lal 5. Analysis of Russian Performance since 1990 and Future Outlook Stanislav Menshikov 6. Japan’s Alternating Phases of Growth and Future Outlook Kyoji Fukao and Osamu Saito 7. Making the International System Work for the Platinum Age Ross Garnaut 8. Total Factor Productivity and Economic Growth in Indonesia Pierre van der Eng 9. Explaining Success and Failure in Economic Development Adam Szirmai 10. Past, Present and Future Economic Growth in Latin America André A. Hofman and Francisco Villarreal 11. Europe’s Productivity Performance in Comparative Perspective: Trends, Causes and Projections Bart van Ark, Mary O’Mahony and Marcel P. Timmer 12. Revisiting US Productivity Growth over the Past Century with a View of the Future Robert J. Gordon Epilogue: Life and Work of Angus Maddison Confessions of a Chiffrephile Angus Maddison Research Objectives and Results, 1952–2002 Angus Maddison A Story Behind Each Number – Angus Maddison (1926–2010) Derek Blades, Bart van Ark and Harry X. Wu Index

Read more less

Book SynopsisGlobal threats can be expected to cause a global environmental crisis and declining living standards for most people. Threats analyzed include poverty, cultural, economic, political and religious fundamentalism, consumption, population increase and degradation of the global ecosystem. Chapters on the United States, China and Zambia illustrate difficulties that high, middle and low income countries face in addressing such threats. The final chapter examines the type of transformational change required just to reduce the rate and magnitude of future decline.Trade Review‘A work of political economy from the perspective of an anthropologist who has made a career of studying poverty and displaced people, Global Threats, Global Futures will prove rewarding reading for anyone concerned with issues of economic development, environmental and cultural degradation, and the causes and solutions of poverty. Most of all, Thayer Scudder illuminates a path, not only possible but plausible, through a destructive maze of humankind’s own making - if only the political will can be found to tread it.’ -- Engineering & Science‘Thayer Scudder is one of those gifted authors who have the experience and the vision to span multiple sectors and far flung sites in assessing where humankind and its habitat are heading. His restless curiosity in everything around him has led him to become not simply the world’s leading authority on the impacts on the lives of people resettled by dam-building projects but an innovative thinker about development anthropology and the threats to the globe from poverty, fundamentalism in all its pernicious forms and environmental degradation. This iconoclastic book assails sacred cows ranging from the World Bank to the malign role of Buddhist priests in the late civil war in Sri Lanka. The work is not reassuring. But its conclusion that humans can learn to live with declining living standards is more uplifting than doom-laden.’ -- David McDowell, Former Director General of the IUCN and New Zealand Ambassador to the United Nations‘Neither Pollyanna nor Prophet of Doom, Professor Scudder has drawn on his 55 years of international experience and presented a clear, hard hitting, extraordinarily well documented analysis of the critical and urgent global challenges that face humankind and of the transformations that will be required to meet those challenges. This is a very important book. It should be read by an informed public, but most particularly by leaders and policy makers of the world’s governments, international organizations, educational and religious institutions.’ -- Lee Talbot, George Mason University, US‘This is an extraordinary, bold, and exceptionally well thought out prospectus on the next century of the human condition. Declining living standards, consequential to the pervasive pursuit of growth in terms of Gross Domestic Product, is a central theme that is thoroughly documented and engagingly articulated. The decisive role in the decline of living standards played by global threats including poverty, fundamentalism, environmental degradation, wars, and excess consumption, is compellingly presented from the perspective of the author’s unique career.’ -- Burton Singer, Princeton University, USTable of ContentsContents: Introduction 1. The Threat of Global Poverty 2. The Threat of Fundamentalism 3. The Threat of Environmental Degradation 4. United States 5. People’s Republic of China 6. Zambia 7. Transforming Global Societies References Index

Read more less

Book SynopsisDrawing on insights from theoretical applications, empirically based approaches and case study experience, this book contributes to the improved design and use of trade and related policy interventions in staple food markets.Trade policy interventions have a potentially critical role to play in the development of staple food markets in developing countries and, as a source of revenue, in wider processes of rural development. Governments have long defended trade and related policy interventions in staple food markets on the basis of food security concerns. However, the design and implementation of these policies has often resulted in unintended impacts, increasing the risks faced by private sector actors and reducing their incentives for investment in improved market performance. In the context of increasingly volatile staple food markets, this book, commissioned from leading experts in this field, seeks to enhance dialogue between stakeholders involved in, and affected by, the design and use of trade and related policy interventions.This significant book will appeal to policy analysts and decision makers influential in the design and implementation of trade and related market interventions, as well as students of development economics. Researchers contributing to debates on the use and impacts of trade and related market interventions in staple food markets in poor countries will also find this volume of great benefit.Trade Review‘The volume is a valuable compilation of evidence-based analysis of staple food markets in eastern and southern Africa. . . It will serve as a useful reference for applied researchers, policy-makers and development practitioners interested in food policy in developing countries.’ -- Nicholas Minot, European Review of Agricultural Economics‘As they often do, Jamie Morrison and Alexander Sarris have provided researchers, policy-makers, and the interested public with the firm empirical grounding needed for sound agricultural development policies. They have synthesized from a rich and varied set of country studies a unique contribution to one of the key challenges of our times - increasing the productivity of smallholder food production in the age of globalization.’ -- Timothy A. Wise, Tufts University, US‘Food security has been a major concern in Africa for decades, and a more pressing problem with recent increases in food prices. The editors and contributors to this volume are experts in the field and should be commended for a timely, informative and in places challenging analysis of food production and markets in eastern and southern Africa. The volume brings a refreshing variety of theoretical, analytical and informed case study approaches to bear on the food security problem; it should be read by anybody seriously interested in African development.’ -- Oliver Morrissey, University of Nottingham, UKTable of ContentsContents: Preface 1. Introduction Jamie Morrison and Alexander Sarris 2. Trade, Agriculture and Optimal Commercial Policy in Eastern and Southern Africa Edward F. Buffie 3. Smallholder Market Participation: Concepts and Evidence from Eastern and Southern Africa Christopher B. Barrett 4. Governance and Surplus Distribution in Commodity Value Chains in Africa Johan F.M. Swinnen, Anneleen Vandeplas and Miet Maertens 5. Liberalizing Trade Under Structural Constraints in Developing Countries: A General Equilibrium Analysis of Tanzania Piero Conforti and Alexander Sarris 6. Grain Marketing Policy at the Crossroads: Challenges for Eastern and Southern Africa T.S. Jayne, Antony Chapoto and Jones Govereh 7. Unofficial Cross-border Trade in Eastern Africa Peter D. Little 8. Regional Trade and Food Security: Recent Evidence from Zambia Paul A. Dorosh, Simon Dradri and Steven Haggblade 9. Maize Trade and Marketing Policy Interventions in Kenya Joshua Ariga and T.S. Jayne 10. Assessment of Maize Trade and Market Policy Interventions in Malawi Ephraim W. Chirwa 11. Alternative Staple Food Trade and Market Policy Interventions: Country-level Assessment of South Africa Lulama Ndibongo Traub and Ferdinand Meyer 12. Maize Trade and Marketing Policy Interventions in Tanzania Andrew E. Temu, Appolinary Manyama and Anna A. Temu 13. Assessment of Alternative Maize Trade and Market Policy Interventions in Zambia Jones Govereh, Antony Chapoto and T.S. Jayne 14. Trade and Market Policy Interventions: A Synthesis of Insights from Research on Eastern and Southern African Grain Markets Jamie Morrison and Alexander Sarris Index

Read more less

Book SynopsisThe structure and policy architecture of the world economy, as it emerges from the historic challenges now underway, will be affected by the dramatic rise of Asian economies and deepening connections among them. This important book examines the rapid transformation of the Asian economy, the challenges it faces, emerging regional solutions, and how Asia can play a more constructive role in the global economy.Asia is becoming not just the world?s factory, but also its leading creditor, and one of its key sources of dynamism and stability. Key questions are identified and addressed in three areas: Asia?s growth and productivity, financial stability, and regional economic integration. In each of these areas, the contributing authors evaluate current trends and the forces shaping the future. They consider whether the region?s progress is sustainable and what it will take to make it so. How is Asia reshaping its economy in response to the changing global landscape? More urgently, how can Asia weather the severe financial and economic storm originating from the global credit crisis? How will it extend its gains to people left behind? And how can it contribute to better governance and greater prosperity in the world economy? This book covers new ground by connecting theory, assembling detailed evidence on trends and challenges, and offering forward-looking policy prescriptions.This timely book will appeal to Asian economic policy-makers as well as postgraduate students interested in Asian economies, international economics and regional integration. Staff of international and regional organizations interested in Asian economies will also find this book invaluable.Trade Review'The important contributions included in this book make it a very exciting read about relevant issues of Asian economic cooperation and integration. I strongly believe that the time for Asian regionalism has come, and this study makes us understand why and how. I recommend anyone interested in Asian economic development and regional integration to read this book.' -- Chalongphob Sussangkarn, Thailand Development Research Institute and former Minister of Finance of the Royal Kingdom of ThailandTable of ContentsContents: 1. Asian Growth and Global Stability Masahiro Kawai, Jong-Wha Lee and Peter A. Petri PART I: SUSTAINING DYNAMISM: PRODUCTIVITY AND GROWTH 2. Technology Policy for Sustained Asian Dynamism Albert Guangzhou Hu and Gary H. Jefferson 3. Will Demographic Change Undermine Asia’s Growth Prospects? Andy Mason, Sang-Hyop Lee and Ronald Lee 4. Alternative Growth Strategies in Asia: Liberalization, Deregulation, Structural Reforms Philippa Dee 5. Regional Trade Agreements in Integrating Asia Masahiro Kawai and Ganeshan Wignaraja PART II: FINANCING DEVELOPMENT: INNOVATION AND STABILITY 6. Governance and Financial Integration in East Asia Douglas W. Arner, Paul Lejot and Wei Wang 7. Patterns and Determinants of Financial Integration in Asia Jong-Wha Lee 8. From Crisis to Crisis: Changing Capital Flows and Foreign Exchange Reserves in Asia Yiping Huang 9. Monetary Policy and Exchange Rate Stability in East Asia Ryuzo Miyao PART III: EXTENDING COOPERATION: SOCIAL AND POLITICAL FRAMEWORKS 10. Perceptions of Economic Interdependence: The View of Asian Opinion Leaders Giovanni Capannelli 11. How Asia Can Benefit from the European Experience Barry Eichengreen 12. South Asian Integration: Prospects and Lessons from East Asia Ramesh Chandra and Rajiv Kumar 13. Asia in Global Governance: A Case for Decentralized Institutions Masahiro Kawai, Peter A. Petri and Elif Sisli Ciamarra 14. Deepening Asian Integration and the Architecture for Regional Cooperation Peter Drysdale Index

Read more less

Book SynopsisOver coming decades, changes in population age structure will have profound implications for the macroeconomy - influencing economic growth, generational equity, human capital, saving and investment, and the sustainability of public and private transfer systems. How the future unfolds will depend on key actors in the generational economy: governments, families, financial institutions, and others. This path-breaking book provides a comprehensive analysis of the macroeconomic effects of changes in population age structure across the globe. The result of a substantial seven-year research project involving over 50 economists and demographers from Africa, Asia, Europe, Latin America and the United States, the book draws on a new and comprehensive conceptual framework - National Transfer Accounts - to quantify the economic lifecycle and economic flows across generations. It presents comprehensive estimates of both public and private economic flows between generations, and emphasizes the global nature of changes in population age structure which are affecting rich and poor countries alike. This unique and informative book will prove an invaluable reference tool for a wide ranging audience encompassing: students, researchers, and academics in fields such as demography, aging, public finance, economic development, macroeconomics, gerontology and national income accounting; policymakers and advisers focusing on areas of the public sector such as education, health, pensions, other social security programs, tax policy, and public debt; and policy analysts at international agencies such as the World Bank, the IMF and the UN.Trade Review‘While there already exists a crowded body of publications addressing the effect of an aging population on the economy, this monograph is most outstanding in presenting a global, in-depth analysis of the implications thereby generated for 23 developed and developing countries. . . Scholars, researchers, and practitioners everywhere will benefit immensely from this comprehensive work.’ -- H.I. Liebling, Choice‘Ron Lee and Andrew Mason’s Population Aging and the Generational Economy is a demographic and economic tour-de-force. Their collaborative, intercontinental. . . study of aging, consumption, labor supply, saving, and private and public transfers is the place to go to understand global aging and its myriad and significant economic challenges and opportunities.’ -- – Laurence Kotlikoff, Boston University, US‘The culmination of. . . work by Lee, Mason, and their collaborators from around the world to extend Samuelson’s framework to accommodate realistic demography, empirical measurement of age-specific earnings, consumption, tax payments, and benefit receipts, the studies. . . demonstrate the power of this integrated economic-demographic framework to advance our understanding of critical public policy challenges faced by countries at different stages of demographic transition and population aging.’ -- Robert Willis, University of Michigan, US‘Lee and Mason have done scholars and practitioners a magnificent service by undertaking this comprehensive, compelling, and supremely innovative examination of the economic consequences of changes in population age structure. The book is a bona fide crystal ball. It will be a MUST READ for the next decade!’ -- David Bloom, Harvard School of Public Health, USTable of ContentsContents: Preface PART I: FUNDAMENTAL PRINCIPLES AND CONCEPTS 1. Population Aging and the Generational Economy: Key Findings Andrew Mason and Ronald Lee 2. Theoretical Aspects of National Transfer Accounts Ronald Lee and Andrew Mason 3. Introducing Age into National Accounts Andrew Mason and Ronald Lee 4. Lifecycles, Support Systems, and Generational Flows: Patterns and Change Ronald Lee and Andrew Mason PART II: COMPARATIVE ANALYSES OF AGE AND THE MACROECONOMY 5. Labor Income Over the Lifecycle Sang-Hyop Lee and Naohiro Ogawa 6. Consumption Over the Lifecycle: An International Comparison An-Chi Tung 7. The Rise of the Intergenerational State: Aging and Development Tim Miller 8. Private Transfers in Comparative Perspective Ronald Lee and Gretchen Donehower 9. Asset-based Flows from a Generational Perspective Andrew Mason, Naohiro Ogawa, Amonthep Chawla and Rikiya Matsukura PART III: COUNTRY STUDIES OF AGE AND THE MACROECONOMY A. Overviews of the Generational Economy 10. How Intergenerational Transfers Finance the Lifecycle Deficit in Spain Concepció Patxot, Elisenda Rentería, Miguel Sánchez-Romero and Guadalupe Souto 11. National Transfer Accounts for Austria: Low Levels of Education and the Generosity of the Social Security System Jože Sambt and Alexia Prskawetz 12. The Significance of Inter-age Economic Transfers in Chile Jorge Bravo and Mauricio Holz 13. The Economic Lifecycle and Intergenerational Redistribution in Mexico  Iván Mejía-Guevara 14. National Transfer Accounts for Finland Risto Vaittinen and Reijo Vanne B. The Economic Lifecycle 15. The Changing Shape of the Economic Lifecycle in the United States, 1960 to 2003 Ronald Lee, Gretchen Donehower and Tim Miller 16. Labor Income and Consumption Profiles: The Case of Germany Fanny A. Kluge 17. Slovenia: Independence and the Return to the Family of European Market Economies Jože Sambt and Janez Malačič 18. Changes in Patterns of Philippine Lifecycle Consumption and Labor Income between 1994 and 2002  Rachel H. Racelis and J.M. Ian Salas 19. National Transfer Accounts for Kenya: The Economic Lifecycle in 1994 Germano Mwabu, Moses K. Muriithi and Reuben G. Mutegi C. Systems of Intergenerational Flows 20. Intergenerational Resource Allocation in the Republic of Korea Chong-Bum An, Young-Jun Chun, Eul-Sik Gim, Namhui Hwang and Sang-Hyop Lee 21. Idiosyncrasies of Intergenerational Transfers in Brazil Cassio M. Turra, Bernardo L. Queiroz and Eduardo L.G. Rios-Neto 22. The Changing Patterns of China’s Public Services Ling Li, Qiulin Chen and Yu Jiang 23. Intergenerational Redistribution in Sweden’s Public and Private Sectors Daniel Hallberg, Thomas Lindh, Gustav Öberg and Charlotte Thulstrup 24. Public Transfer Flows between Generations in Uruguay Marisa Bucheli and Cecilia González 25. The Structure of Generational Public Transfer Flows in Nigeria Adedoyin Soyibo, Olanrewaju Olaniyan and Akanni O. Lawanson 26. The Role of Familial Transfers in Supporting the Lifecycle Deficit in India Laishram Ladusingh and M.R. Narayana D. Issues Related to the Generational Economy 27. The Elderly as Latent Assets in Aging Japan Naohiro Ogawa, Rikiya Matsukura and Amonthep Chawla 28. Living Arrangements and Support for the Elderly in Taiwan An-Chi Tung and Nicole Mun Sim Lai 29. Transfer Accounts in Costa Rica’s Mixed Economy Under Rapidly Changing Demographic Conditions Luis Rosero-Bixby, Paola Zúñiga-Brenes and Andrea Collado 30. The Support System for Indonesian Elders: Moving Toward a Sustainable National Pension System Maliki 31. Incorporating Time into the National Transfer Accounts: The Case of Thailand Mathana Phananiramai 32. National Transfer Accounts in Hungary: Contribution Asset and Returns in a Pay-as-you-go Pension Scheme Róbert I. Gál, Vera Gergely and Márton Medgyesi PART IV: APPENDIX TABLES Glossary Index

Read more less

Book SynopsisWhile there have been numerous books and articles written on the popular topic of ?microfinance?, few books have been written on the business model behind it: the ?microenterprise?. Due to its diversity of thought and high quality of chapter contributions, this book is poised to be the book on ?microenterprises?. Contemporary Microenterprise is a collage of the latest research and viewpoints on the subject by recognized academics and experts from around the globe. Through the confluence of diverse and profound voices from around the world, very small (micro) businesses have proven to be the most prevalent and fastest-growing business form, and a suitable model for enterprise survival and success in a challenging global economy. Joseph Mark Munoz has brought together an international cast of contributors, and draws insights from concepts and cases from locations such as Vietnam, the United States, Latin America and Africa. The chapters include conceptual frameworks and research that yield valuable lessons and practical business solutions.The broad scope of this compendium, coupled with its careful attention to detail, will be of critical value to business students and their professors, industry executives, government officials, policymakers, consultants and entrepreneurs.Table of ContentsContents: Foreword Leo-Paul Dana 1. Introduction J. Mark Munoz 2. Microenterprise Start-up: A Cross-national Comparison Michael Troilo 3. Microenterprises: The Interface between Entrepreneur and Manager Michelle Ingram Spain 4. Microentrepreneurship in a Transitional Economy: Evidence from Vietnam Mai Thi Thanh Thai and Ho Thuy Ngoc EMERGING MICROENTERPRISE DYNAMICS 5. Theoretical View on Microenterprise Entrepreneurial Motivators Scott A. Hipsher 6. Creating a Typology for the Arts and Crafts Microenterprise Ian Fillis 7. The Challenges for Tourism Microenterprises in the Tiger Leaping Gorge, Southwest China Sacha Rawlence FINANCE AND THE MICROENTERPRISE 8. Microfinance and the Growth of Micro and Small Enterprises (MSEs) in Sub-Saharan Africa: The Case of Faulu Kenya Fred O. Newa 9. Is Microcredit Compatible with Microentrepreneurship? Evidence from Latin American Tienditas Michael J. Pisani 10. Microfinance: Assessing its Impact on Microenterprises Gwendolyn Tedeschi MANAGING THE MICROENTERPRISE 11. Serving the Poor: Innovative Business Models at the Base of the Pyramid Jamie Anderson and Martin Kupp 12. Micro-global: Can Web-enabled Microenterprises Successfully Internationalize? J. Mark Munoz and Daewon Choi 13. Micro-franchising Strategies: Drawing Lessons from Franchise Literature J. Mark Munoz, Ilan Alon and Matthew C. Mitchell MICROENTERPRISE GROWTH AND EXPANSION 14. Microfinance–Microenterprise Relationship: The Malaysian Growth Experience Sow Hup Chan 15. Microenterprise Growth: The Case of Dotz in Brazil Thelma Rocha and Tales Andreassi 16. Microenterprise in a Free Trade Era: The Case of Indonesia Tulus T.H. Tambunan MICROENTERPRISE AND ITS IMPACT ON SOCIETY 17. Social Capital and Cross-cultural Model Replication: The Case of Hand in Hand in India and South Africa Lin Lerpold and Laurence Romani 18. Sponsorship Practice at the Small Business Level: An Applied Perspective J. Terence Zinger and Norm O’Reilly 19. Engaging Transnational Corporations in Community Microenterprise Initiatives in Subsidiary Operations: The Case of TNCs in Tanzania Aloysius Newenham-Kahindi MICROENTERPRISE DEVELOPMENT AND SUSTAINABILITY 20. Achieving Economic Self-sufficiency through Microenterprise Training: Outcome-based Evidence from the Center for Women and Enterprise Colette Dumas 21. Microfinance and Poverty Alleviation: Underlying Values and Assumptions Laurence Romani and Lin Lerpold 22. Microenterprise Sustainability: A Philippine Perspective Jeanette Angeline Banzon Madamba 23. Conclusion J. Mark Munoz Index

Read more less

Book SynopsisThis Handbook provides an authoritative overview of current research in the field of cost-benefit analysis and is designed as a starting point for those interested in undertaking advanced research. The Handbook contains major contributions to the development of the field, focussing on standard microeconomic policy evaluations, the relatively neglected area of macroeconomic policy and its integration into a formal CBA framework, and dynamic considerations in CBAPresenting insights from many influential thinkers, and edited by a leading academic in the field, this comprehensive work will prove an invaluable reference tool for economists, researchers and scholars.Trade Review'Anyone interested in cost-benefit analysis will find this anthology valuable.' -- E. Kacapyr, Choice'This book breathes new life into an old but intellectually robust field by applying the principles of cost-benefit analysis to contemporary issues such as drug-abuse treatment, active labor market programs, tobacco addiction, financial regulation, malnutrition and corruption. Several chapters link cost-benefit analysis to other techniques such as cost-effectiveness and impact evaluation. The book will be valuable to scholars wanting to do further research in the field, as well as to consumers of cost-benefit analysis - those who need to know the underpinnings of what their analysts give them.' -- Shanta Devarajan, The World Bank, US'This is a very nice and very useful set of articles on cost-benefit applications. The book will be particularly useful for students but also for professionals interested in keeping up with the state of applied work. I will use some of the articles in my class. Brent's introduction is also well done.' -- Richard O. Zerbe, University of Washington, USTable of ContentsContents: Preface PART I: INTRODUCTION 1. Overview of the Field and the Contributions in the Handbook Robert J. Brent PART II: MICROECONOMIC EVALUATIONS 2. Cost–Benefit Analysis for Health Peter Zweifel and Harry Telser 3. Cost–Benefit Analysis of Drug Abuse Treatment William S. Cartwright 4. Can Cost–Benefit Analysis Guide Education Policy in Developing Countries? Emmanuel Jimenez and Harry Anthony Patrinos 5. Cost–Benefit Analysis in Transport: Recent Developments in Rail Project Appraisal in Britain Chris Nash and James Laird 6. Cost–Benefit Analysis of Environmental Projects and the Role of Distributional Weights Robert J. Brent and Booi Themeli 7. Cost–Benefit Analysis Applied to Labour Market Programmes Michele Campolieti and Morley Gunderson 8. Regulation and Cost–Benefit Analysis Franco Papandrea 9. Can Cost–Benefit Analysis of Financial Regulation be Made Credible? Patrick Honohan PART III: MACROECONOMIC EVALUATIONS 10. The Welfare Effects of Inflation: A Cost–Benefit Perspective Karl-Heinz Tödter and Bernhard Manzke 11. Cost–Benefit Analysis of Economic Globalization Clem Tisdell 12. Poverty Alleviation Programs and their Impacts: A Survey Jyotsna Jalan 13. Too Hungry to Read: Is an Education Subsidy a Misguided Policy for Development? Parantap Basu 14. Project Finance and Cost–Benefit Analysis Peggy B. Musgrave 15. Cost–Benefit Analysis and the Evaluation of the Effects of Corruption on Public Projects Robert J. Brent PART IV: DYNAMIC EVALUATIONS 16. Social Security and Future Generations Hans Fehr and Øystein Thøgersen 17. Irreversible Investments: A Cost–Benefit Perspective Rati Ram and Rajeev K. Goel 18. Pro-Growth, Pro-Poor: Is There a Trade-off? J. Humberto Lopez 19. The Value of the 1964 Surgeon General’s Report Frank Chaloupka and Richard M. Peck Index

Read more less

Book SynopsisWhat happens when a radically-new fuel or technology transforms the energy system? How does the energy system evolve at different stages of economic development? What are the implications for people's lives and their environment? Building on an award-winning article, in this exciting book Roger Fouquet investigates the impacts of technological innovations and economic development over the last seven hundred years on our ability to provide heat, power, transport and light. Using a unique data set, collected over a decade, the analysis identifies the forces driving revolutions in energy services. It highlights the tendency of markets to produce ever-cheaper energy services, which in turn incite greater energy consumption. It also examines how these revolutions affect people's well-being and the environment. The framework, analysis and insights in this book offer an original perspective on future energy markets, transitions to low-carbon economies and strategies for addressing climate change.Heat, Power and Light is an invaluable and unique contribution to this profoundly important topic. As such it will appeal to a wide audience of energy economists, climate change analysts, policymakers, economic and technology historians and economists more broadly.Trade Review'This book presents a fascinating accumulation of economic "facts" relating to the demand for and the supply of heat, power and light. . .' -- Gay Wenban-Smith, International Energy Law Review'Fouquet undertakes a heroic effort to organize and present data on energy prices and usage since the 14th century. He then uses this data as the foundation for a narrative and analysis of changes in energy usage over the long run. . . the sifting and analysis of so many different sources to provide a coherent account will prove useful to those seeking an overview of this important topic, or for those seeking a point of entry to the study of more specific topics. Highly recommended.' -- J.L. Rosenbloom, Choice'This is an innovative and important book that stands at the intersection of energy analysis and environmental history. Fouquet's central theme is that we buy fuels, such as coal, oil or gas, only as a means to an end. That end is initially the provision of energy services, such as a warm house, hot showers, cold beers and driving around. . . Fouquet. . . traces the changes in our use. . . of energy services over the last seven centuries. . . The result has been an utter transformation in our lives. . . this book, with its copious tables and fascinating graphs, is an essential reference tool for both the energy analyst and the environmental historian.' -- Horace Herring, Environment and History'Fouquet has dug widely and deeply into English sources, publications, statistical reconstructions and the best available data sets. Having such long-run quantitative perspectives under one cover is both very useful and quite revealing. Having it analyzed in consistent terms (as changes in per capita use, prices, conversion efficiency and energy intensity) makes it, of course, even more valuable. . . Fouquet has produced an outstanding contribution to our long-run understanding of energy uses.' -- Vaclav Smil, EH.NetTable of ContentsContents: Preface Part I: Introduction 1. The Past, Present and Future of Energy Services 2. Energy Demand, Technological Change and Economic Development 3. Historical Data and Methods Part II: The Past 4. Heating 5. Stationary Power 6. Transport 7. Lighting Part III: Analysis 8. Producing Cheaper Services 9. Consuming More Services 10. External Costs of Cheaper and More Energy Services 11. Policies Influencing the Trends in Energy Services Part IV: The Future 12. Future Trends in Energy Services 13. Policy Discussion Related to Long-Run Energy Services 14. Conclusion References Index

Read more less

Book SynopsisCompetition law and policy is a topical and relevant field of research which has been analysed from both global and national perspectives. This authoritative research review is the first of its kind to bring together seminal works from leading scholars in economic development and in competition law. This encompasses the most up-to-date and rigorous methodologies of empirical and technical analysis, with a specific focus on the problem of developing countries. This research review discusses the theoretical and political foundations of competition policies versus industrial policies and the raging debate between market-based versus interventionist industrialization policies as well as including the most relevant literature on competition law and enforcement in developing countries, including a cross section and case study perspective.Trade Review‘These two volumes contain a superb collection of readings on how markets, competition, and competition law can enhance the growth and development of developing countries. . . These volumes, containing also many other readings I have no space to mention, cover a wide range of topics lucidly, succinctly, and carefully. They are superb.’Table of ContentsContents: Volume I Acknowledgements Introduction Eleanor M. Fox and Abel M. Mateus PART I POLITICAL ECONOMY OF ECONOMIC DEVELOPMENT, INSTITUTIONS AND THE ROLE OF COMPETITION A. Economic Development and the Role of the Market Mechanism, Institutions and Policies in Developing Countries 1. Michael Spence et al. (2008), ‘Sustained, High Growth in the Postwar Period’ 2. Michael Spence et al. (2008), ‘The Policy Ingredients of Growth Strategies’ B. The Role of Markets and Competition Policies from a National Perspective 3. R.S. Khemani (2007), ‘Interplay and Implications of High Product, Ownership and Financial Market Concentration’ 4. R.S. Khemani (2007), ‘Pro-Poor Benefits of Competition and Economic Growth’ 5. Philippe Aghion and Mark Schankerman (2004), ‘On the Welfare Effects and Political Economy of Competition-Enhancing Policies’ C. Interest Groups, the Political Process and Competition in Developing Countries 6. Gene M. Grossman and Elhanan Helpman (1994), ‘Protection for Sale’ 7. Karla Hoff and Joseph E. Stiglitz (2004), ‘After the Big Bang? Obstacles to the Emergence of the Rule of Law in Post-Communist Societies’ D. The Role of Institutions in Development 8. Dani Rodrik (2000), ‘Institutions for High-Quality Growth: What They Are and How to Acquire Them’ E. The Problem of the Bottom Billion 9. Paul Collier (2006), ‘African Growth: Why a “Big Push”?’ PART II GLOBALIZATION AND ITS IMPACT ON DEVELOPING COUNTRIES 10. Jagdish Bhagwati and T.N. Srinivasan (2002), ‘Trade and Poverty in the Poor Countries’ 11. Pranab Bardhan (2004), ‘The Impact of Globalization on the Poor’ 12. Ann Harrison and Margaret McMillan (2007), ‘On the Links Between Globalization and Poverty’ 13. Joseph E. Stiglitz (2004), ’Globalization and Growth in Emerging Markets’ PART III INDUSTRIAL VERSUS COMPETITION POLICIES, PRIVATIZATION AND LIBERALIZATION A. Privatization and Liberalization: A Critique of the Washington Consensus 14. John Williamson (1993), ‘Democracy and the “Washington Consensus”’ 15. Clifford Zinnes, Yair Eilat and Jeffrey Sachs (2001), ‘The Gains from Privatization in Transition Economies: Is “Change of Ownership” Enough?’ 16. T.N. Srinivasan (2000), ‘The Washington Consensus a Decade Later: Ideology and the Art and Science of Policy Advice’ 17. Rudiger Dornbusch (1992), ‘The Case for Trade Liberalization in Developing Countries’ 18. Paul R. Krugman (1987), ‘Is Free Trade Passé?’ 19. Dani Rodrik (1992), ‘The Limits of Trade Policy Reform in Developing Countries’ 20. Sebastian Edwards (1998), ‘Openness, Trade Liberalization, and Growth in Developing Countries’ 21. Dani Rodrik (2006), ‘Goodbye Washington Consensus, Hello Washington Confusion? A Review of the World Bank’s Economic Growth in the 1990s: Learning from a Decade of Reform’ B. Industrial Policy Versus Competition Policy 22. Gene M. Grossman (1990), ‘Promoting New Industrial Activities: A Survey of Recent Arguments and Evidence’ 23. Dani Rodrik (2007), Normalizing Industrial Policy 24. Marcus Noland and Howard Pack (2003), ‘Conclusions’ Volume II Acknowledgements Introduction Eleanor M. Fox and Abel M. Mateus PART I COMPETITION LAW AND ADVOCACY A. Foundations and Perspectives – Are Developing Countries Different? 1. Eleanor M. Fox (2007), ‘Economic Development, Poverty and Antitrust: The Other Path’ 2. Ignacio De León (2008), ‘Latin American Competition Policy: From Nirvana Antitrust to Reality-Based Institutional Competition Building’ B. Monopolies and Abuse of Dominant Position 3. Michael Adam and Simon Alder (2008), ‘Abuse of Dominance and its Effects on Economic Development’ 4. Philippe Brusick and Simon J. Evenett (2008), ‘Should Developing Countries Worry About Abuse of Dominant Power?’ 5. David Lewis (2008), ‘Chilling Competition’ C. Cartels 6. Frédéric Jenny (2006), ‘Cartels and Collusion in Developing Countries: Lessons from Empirical Evidence’ 7. John M. Connor (2009), ‘Latin America and the Control of International Cartels’ D. Institutions 8. William E. Kovacic (2001), ‘Institutional Foundations for Economic Legal Reform in Transition Economies: The Case of Competition Policy and Antitrust Enforcement’ 9. Abel M. Mateus (2010), ‘Competition and Development: Towards an Institutional Foundation for Competition Enforcement’ E. International Architecture 10. Robert Anderson and Frédéric Jenny (2005), ‘Competition Policy, Economic Development and the Possible Role of a Multilateral Framework on Competition Policy: Insights from the WTO Working Group on Trade and Competition Policy’ 11. Eleanor M. Fox (2009), ‘Linked-In: Antitrust and the Virtues of a Virtual Network’ 12. Simon J. Evenett (2005), ‘What Can We Really Learn from the Competition Provisions of RTAs?’ 13. Joel P. Trachtman (2003), ‘Legal Aspects of a Poverty Agenda at the WTO: Trade Law and “Global Apartheid”’ PART V SELECTED COUNTRY EXPERIENCES A. China 14. Giacomo Di Federico (2009), ‘The New Anti-monopoly Law in China from a European Perspective’ B. India 15. Aditya Bhattacharjea (2008), ‘India’s New Competition Law: A Comparative Assessment’ C. Mexico 16. Rafael del Villar (2008), ‘Competition and Equity in Telecommunications’ D. Sub-Saharan Africa 17. Thulasoni Kaira (2008), ‘The Role of Competition Law and Policy in Alleviating Poverty – The Case of Zambia’

Read more less