Development economics Books

Book Synopsis"As we look ahead to the recovery from the COVID-19 crisis, Making Money Moral could not come at a better time." —Jamie Dimon, Chairman and Chief Executive Officer, JPMorgan Chase The math doesn't add up: Global financial markets can no longer ignore the world's most critical problems. The risks are too high and the costs too great. In Making Money Moral: How a New Wave of Visionaries Is Linking Purpose and Profit, authors Judith Rodin and Saadia Madsbjerg explore a burgeoning movement of bold and ambitious innovators. These trailblazers are unlocking private-sector investments in new ways to solve global problems, from environmental challenges to social issues such as poverty and inequality. They are earning great returns and reimagining capitalism in the process. Pioneers in the field of sustainable and impact investing, Rodin and Madsbjerg offer first-hand stories of how investors of every type and in every asset class are investing in world-changing solutions—with great success. Meet the visionaries who are leading this movement:The investment managers putting trillions of dollars to work, like TPG, Wellington Management, State Street Global Advisors, Nuveen, Amundi, APG and Natixis;The asset owners driving the transition, like GPIF and PensionDanmark;A new generation of entrepreneurs benefiting from the investments, like DreamBox Learning, an innovative educational technology platform, and Goodlife Pharmacies, which is disrupting the traditional notion of a pharmacy; The corporations that are repurposing their business models to meet demand for sustainable products and services, like Ørsted; andThe nonprofits that are reimagining how to raise money for their work while creating significant value for investors, like The Nature Conservancy. In their book, Rodin and Madsbjerg offer a deep look at the most powerful tools available today—and how they can be unlocked. They reveal:Who the investors are and what they want;How innovative products and investment strategies can deliver long-term value for investors while improving lives and protecting ecosystems;How leaders can build strategies and prepare their organizations to enter and expand this dynamic market; andHow to measure impact, understand critical regulations, and avoid potential pitfalls.A roadmap to making the financial market a force for good, Making Money Moral is a must-read for those seeking private-sector capital to address a big problem, as well as those seeking both to mitigate risk and to invest in big solutions. "Judith Rodin and Saadia Madsbjerg identify an important new way of looking at money: from the root of all evil to the fount of all solutions. Their timely, important book on impact investing is full of powerful insights and compelling examples they've seen firsthand. Their work will be sure to accelerate momentum toward a more sustainable world." —Rosabeth Moss Kanter, Harvard Business School Professor and Author of Think Outside the Building: How Advanced Leaders Can Change the World One Smart Innovation at a TimeTrade Review"Judith Rodin and Saadia Madsbjerg identify an important new way of looking at money: from the root of all evil to the fount of all solutions. Their timely, important book on impact investing is full of powerful insights and compelling examples they've seen firsthand. Their work will be sure to accelerate momentum toward a more sustainable world." * Rosabeth Moss Kanter, Harvard Business School Professor and Author of Think Outside the Building: How Advanced Leaders Can Change the World One Smart Innovation at a Time *"As we look ahead to the recovery from the COVID-19 crisis, Making Money Moral could not come at a better time. Rodin and Madsbjerg make a compelling case, through well-researched analysis, that, in rebuilding our economies, healthy growth along with sustainable and impact investing will be critical for the future of our planet, its people, and our economic system. Making Money Moral challenges those of us in the investment community to help to lead the way." * Jamie Dimon, Chairman and Chief Executive Officer, JPMorgan Chase *"Anyone who wants to understand the link between capital markets and progress towards a more sustainable, peaceful, and prosperous world should put this book at the top of their reading list. Through real-life examples and in-depth conversations with experts, Making Money Moral demonstrates the power of bringing together the world of finance and the world of impact." * Jeff Skoll, Founder and Chairman, Skoll Foundation, Co-Founder, The Rise Fund *"This book is packed with powerful ideas, insightful analysis, and inspiring stories. In Making Money Moral, Rodin and Madsbjerg, who helped accelerate the growth of this field with their groundbreaking work at the Rockefeller Foundation, make the compelling argument that when capital markets shift their priorities and adopt more responsible, sustainable approaches to making a profit, they can become a tremendous force for good. It will be required reading for all business students seeking a critical lens on the field, including an outstanding chapter on impact measurement." * Laura Arrillaga-Andreessen, Founder and Chair, Stanford Center on Philanthropy and Civil Society, Silicon Valley Social Venture Fund; Author, Giving 2.0 *"Making Money Moral is an essential read for those who want to make capitalism work for everyone—not just a few. This is an issue that looms larger than ever as we come out of the current public health and financial crisis that highlighted long standing economic inequities. Through engaging stories and insightful analysis, Rodin and Madsbjerg offer an inspiring look at the partnerships and financial innovations reshaping capital markets in the twenty-first century. They show us how business leaders, nonprofit leaders, and investors can promote a thriving economy while also expanding opportunities for all." * Helene D. Gayle, MD, MPH, President & CEO for The Chicago Community Trust; Board Member, Colgate Palmolive, The Coca Cola Company, and Go Health *"At a time when capitalism is facing a profound crisis of legitimacy, Making Money Moral shows us how we can make capitalism more inclusive. Through lively, readable prose, using the latest research and expert interviews, the authors analyze how a sustainable and impact investment approach can enhance profitability and better serve society. They show us that the companies doing most to improve lives and protect the planet are poised to become tomorrow's most valuable businesses. This book is a critical read for asset owners and investment managers alike." * Lady Lynn Forester de Rothschild, Founder and CEO of the Coalition for Inclusive Capitalism; Founding and Managing Partner, Inclusive Capital Partners *"Making Money Moral could not be more timely. It will quickly become the go-to manual for anyone who wants to learn about impact investing, including those already in the field who are watching it explode, from two authors who were there from the beginning." * Anne-Marie Slaughter, CEO, New America *"In this rigorously researched and well-written book, Rodin and Madsbjerg tackle a vital subject: the role of financial markets in progress toward a better world. By tracking the growth of sustainable and impact investing and the potential it offers for meeting the sustainable development goals, the authors offer a view of the future of capitalism that is both realistic and hopeful." * Peter Blair Henry, W. R. Berkley Professor of Economics and Finance; Dean Emeritus, New York University Leonard N. Stern School of Business *"In Making Money Moral, Rodin and Madsbjerg describe investment strategies to increase environmental sustainability and ameliorate social challenges while also succeeding financially. This book provides an essential guide for business school students who want to understand this growing field. At once engaging and rigorous, this book provides critically important guidance for those in finance, business, government, and the nonprofit sector who seek to grow and strengthen the practice of sustainable and impact investing. The authors' emphasis on identifying and analyzing the critical partnerships in this ecosystem is first-rate." * Katherine Klein, Edward H. Bowman Professor, Professor of Management; Vice Dean and Director, Wharton Social Impact Initiative, The Wharton School *"If you're an entrepreneur looking to tap the $30 trillion market for impact and sustainable investment capital, Making Money Moral is an essential read. I watched first-hand how Rodin and Madsbjerg helped transform impact investing from a small, socially focused asset class to its prominence in the financial markets in every asset class. The book does an outstanding job in identifying who is moving the markets today and what it takes to succeed to create both purpose and profit. There is critical information for asset owners, advisors, and money managers alike, and for nonprofit and business leaders who want to think more boldly about their role in this new world." * Strive Masiyiwa, Founder and Group Executive Chairman, Econet Group *"Making Money Moral is a revelation for any firm looking to help investors take innovative paths toward growth. Rodin and Madsbjerg are the go-to experts to help guide an understanding of the concepts of sustainable and impact investing. Making Money Moral is a must-read for anyone looking to use new financial tools to build a better future." * John Haley, CEO, Willis Towers Watson *"We created The Rise Fund at TPG to finance cutting edge companies that have innovative, high impact solutions to social and environmental problems. Rodin and Madsbjerg show how these and other types of capital investments, in every asset class, can have transformative effects. Their book makes an essential contribution at this moment when reassessing the role of private capital is so high on the global agenda. Their critical review of the state of the field, their analysis of approaches to impact measurement and their understanding of what it takes to most effectively link purpose and profit makes this book a must-read for all who want to understand this exploding field." * Jon Winkelried, Co-Chief Executive Officer, TPG *

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Book SynopsisThis book takes the position that successful OD applications in cross-cultural settings are predicated on the ability of OD experts to localise them for purposes of suiting local conditions and context. Cultural frameworks have been utilised by global OD experts to understand the general cultural settings of environments in which they are working and applying OD techniques. However, the complexities of culture within organisations, communities and countries may not always be understood within these cultural frameworks and models. Assumptions of culture based or reliant on models alone can impede the successful applications of OD. The author discusses the role of cultural translations of OD techniques within a southern African context. It examines the approach of western consultants in a southern African environment as well as the approach of local southern African consultants as they interact with western developed OD applications in their own local environments.The book uses three methods for conveying the opportunities and experience of OD in southern Africa: research, practitioner point of view, and storytelling. The author recognises the works of renowned African scholars in the field of management as well OD practitioners carrying out innovative and pioneering work in southern Africa. Their work may not have had much exposure in the West; however, their contributions to the field of management should be recognised. OD is discussed in this book as an opportunity for change and development for southern African countries that are in democratic transitions, post conflict environments and on a path of development. The future of OD is explored within the context of economical, global and political emerging issues. The time is right for change and development in southern Africa with OD as the driving force.

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Book SynopsisThe attempt to sensitize the business practitioner and the public-policy planner, as well as students of business management and the social sciences, to the concept of sustainable development in an easily comprehensible manner. This book analyzes sustainable development from the perspective of economics. Environmental and social challenges are shaping policies and consumer preferences to facilitate sustainable development. This concept has become an integral part of global business strategy. However, these trends are not always backed up by an adequate understanding of the complexities of the concept, and their implications for decision-making.It is important to appreciate the economic logic under- lying both the necessity and the difficulty of moving to a world that can be sustained over time. The inter-relationship between the activities of human societies and nature lies at the core of sustainable development. Understanding this inter-relationship goes beyond the domain of conventional economics, into more interfaced terrains of ecological economics and environmental science

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Book SynopsisPrincipled Governance when Everything Matters is an essential handbook for Directors, Managers, Counsellors and Students, indeed for everyone challenged to answer the question: How do we get along?The democratic world has taken half a millennium to shift its governing principle from the power of might to the rule of law. Through centuries of errors (and trials), we have created a framework of regulation, accountability, and oversight, which, though now widely practiced, is still poorly understood.Principled Governance when Everything Matters is a guided tour of the field, led by an expert who spent three decades at boardroom and council tables, advising directors and managers in business and civil society. This accessible volume will be invaluable to all practioners providing context and analysis that will help them better understand their responsibilities and execute their duties.Principled Governance is based on David S. Fushtey's comprehensive academic text The Director and Manager: Law and Governance in a Digital Age – Machiavelli Had It Easy. That 1000-page volume has been reviewed and revised by a team of subject-area experts, who have drawn out the most useful, relevant – often crucial - lessons. The result is an engaging guide for students of business, civil society, and law, and for the continuing education of directors and the executives who advise them.

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Book SynopsisPrincipled Governance when Everything Matters is an essential handbook for Directors, Managers, Counsellors and Students, indeed for everyone challenged to answer the question: How do we get along?The democratic world has taken half a millennium to shift its governing principle from the power of might to the rule of law. Through centuries of errors (and trials), we have created a framework of regulation, accountability, and oversight, which, though now widely practiced, is still poorly understood.Principled Governance when Everything Matters is a guided tour of the field, led by an expert who spent three decades at boardroom and council tables, advising directors and managers in business and civil society. This accessible volume will be invaluable to all practioners providing context and analysis that will help them better understand their responsibilities and execute their duties.Principled Governance is based on David S. Fushtey's comprehensive academic text The Director and Manager: Law and Governance in a Digital Age – Machiavelli Had It Easy. That 1000-page volume has been reviewed and revised by a team of subject-area experts, who have drawn out the most useful, relevant – often crucial - lessons. The result is an engaging guide for students of business, civil society, and law, and for the continuing education of directors and the executives who advise them.

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Book SynopsisThe Maker City Playbook is a comprehensive case studies and how-to information useful for city leaders, civic innovators, nonprofits, and others engaged in urban economic development. The Maker City Playbook is committed to going beyond stories to find patterns and discern promising practices to help city leaders make even more informed decisions. Maker City Playbook Chapter 1: Introduction and a Call to Action Chapter 2: The Maker movement and Cities Chapter 3: The Maker City as Open Ecosystem Chapter 4: Education and Learning in the Maker City Chapter 5: Workforce Development in the Maker City Chapter 6: Advanced Manufacturing and Supply Chain inside the Maker City Chapter 7: Real Estate Matters in the Maker City Chapter 8: Civic Engagement in the Maker City Chapter 9: The Future of the Maker City Maker City Project is a collaboration between the Kauffman Foundation, the Gray Area for the Arts, and Maker Media.

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Book SynopsisThis volume is part of an ongoing partnership between the Research in Management Consulting book series and the Socio?Economic Institute for Firms and Organizations (ISEOR), located in Ecully, France, on the outskirts of Lyon. The socio?economic approach to management (SEAM) provides a pathway to creating more engaged, more responsible and responsive, and more productive organizations. In many respects this volume reflects a culmination of ISEOR’s work, drawing together Henri Savall and Veronique Zardet’s insights and framing them in the context of strategy creation and, just as if not more important, strategy implementation. This volume casts SEAM in the context of strategy development and implementation. Reflecting on the changing nature of work and the workplace, the potential power of—and need to develop and build on—human potential has never been greater. Savall and Zardet have always thought that the Western concept of human resources was misguided, that people are not a resource to use up but rather a source of potential to invest in, develop, and nurture. People bring their potential to the organizations in which they work—and it is their choice as to whether they will apply it in their jobs. Thus, a core managerial challenge is to create an environment in which that potential can be maximized. SEAM?based strategy builds on this premise, developing an approach to economic and social performance, providing direction as to how managers can create and implement strategies that enhance organizational effectiveness and efficiency. As Savall and Zardet argue, strategic vision does not have to be limited by constraints in the external environment—companies “are not compelled to enter in a `strategic’ tunnel” that mimics the competition and the market. Instead, companies can experience breakthroughs, turning constraints into opportunities by unleashing their internal energy, power, and cohesion, working and succeeding as a team. The SEAM approach to strategy is grounded in innovation and creation far more than imitation—and, as convincingly illustrated in the volume, that creativity can be self?financed through the value?added created by the elimination of organizational dysfunctions and the hidden costs they generate. The volume provides an insightful guide for enhancing economic and social performance, with a useful mixture of specific tools and techniques—grounded in a conceptual view of organizational life—interspersed throughout that illustrate how it can be done.Table of ContentsPreface, Anthony F. Buono. Foreword, Serge Pasquier. Introduction. Framing the SEAM Methodology. Part I: Renewal Of Strategic Analysis And Decision. The Micro? and Macroeconomic Stakes of Strategy. The Visible and Hidden Phenomena in Strategic Analysis. Part II: The Socio?Economic Strategy Concept. Socio?Economic Strategy Foundations. Socio?Economic Strategy. Strategic Socio?Economic Diagnosis: Indicators. Developing Socio?Economic Strategy. Part III: The Strategy Litmus Test: Implementation, Assessment, Adjustment. Implementing Socio?Economic Strategy. Strategy Implementation. The Assessment of Strategic Achievements. Strategic Bedrock Theory and the Cohesion Leverage Effect. General Conclusions. Appendix I: History of the Socio?Economic Strategy Concept. Appendix II: Socio?Economic Strategy of Companies. Appendix III: Assessment Scale of the Socio?Economic (SEAM) Strategy Criteria. References. About the Authors.

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Book SynopsisThis volume is part of an ongoing partnership between the Research in Management Consulting book series and the Socio-Economic Institute for Firms and Organizations (ISEOR), located in Ecully, France, on the outskirts of Lyon. The socio?economic approach to management (SEAM) provides a pathway to creating more engaged, more responsible and responsive, and more productive organizations. In many respects this volume reflects a culmination of ISEOR’s work, drawing together Henri Savall and Veronique Zardet’s insights and framing them in the context of strategy creation and, just as if not more important, strategy implementation. This volume casts SEAM in the context of strategy development and implementation. Reflecting on the changing nature of work and the workplace, the potential power of—and need to develop and build on—human potential has never been greater. Savall and Zardet have always thought that the Western concept of human resources was misguided, that people are not a resource to use up but rather a source of potential to invest in, develop, and nurture. People bring their potential to the organizations in which they work—and it is their choice as to whether they will apply it in their jobs. Thus, a core managerial challenge is to create an environment in which that potential can be maximized. SEAM?based strategy builds on this premise, developing an approach to economic and social performance, providing direction as to how managers can create and implement strategies that enhance organizational effectiveness and efficiency. As Savall and Zardet argue, strategic vision does not have to be limited by constraints in the external environment—companies “are not compelled to enter in a `strategic’ tunnel” that mimics the competition and the market. Instead, companies can experience breakthroughs, turning constraints into opportunities by unleashing their internal energy, power, and cohesion, working and succeeding as a team. The SEAM approach to strategy is grounded in innovation and creation far more than imitation—and, as convincingly illustrated in the volume, that creativity can be self?financed through the value?added created by the elimination of organizational dysfunctions and the hidden costs they generate. The volume provides an insightful guide for enhancing economic and social performance, with a useful mixture of specific tools and techniques—grounded in a conceptual view of organizational life—interspersed throughout that illustrate how it can be done.Table of ContentsPreface, Anthony F. Buono. Foreword, Serge Pasquier. Introduction. Framing the SEAM Methodology. Part I: Renewal Of Strategic Analysis And Decision. The Micro? and Macroeconomic Stakes of Strategy. The Visible and Hidden Phenomena in Strategic Analysis. Part II: The Socio?Economic Strategy Concept. Socio?Economic Strategy Foundations. Socio?Economic Strategy. Strategic Socio?Economic Diagnosis: Indicators. Developing Socio?Economic Strategy. Part III: The Strategy Litmus Test: Implementation, Assessment, Adjustment. Implementing Socio?Economic Strategy. Strategy Implementation. The Assessment of Strategic Achievements. Strategic Bedrock Theory and the Cohesion Leverage Effect. General Conclusions. Appendix I: History of the Socio?Economic Strategy Concept. Appendix II: Socio?Economic Strategy of Companies. Appendix III: Assessment Scale of the Socio?Economic (SEAM) Strategy Criteria. References. About the Authors.

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Book SynopsisWhen citizens take collaborative action to meet the needs of theircommunity, they are participating in the social economy. Co-operatives,community-based social services, local non-profit organizations, andcharitable foundations are all examples of social economies thatemphasize mutual benefit rather than the accumulation of profit. Whilesuch groups often participate in market-based activities to achievetheir goals, they also pose an alternative to the capitalist marketeconomy. Contributors to Scaling Up investigated innovativesocial economies in British Columbia and Alberta and discovered thatachieving a social good through collective, grassroots enterpriseresulted in a sustainable way of satisfying human needs that was also,by extension, environmentally responsible. As these case studiesillustrate, organizations that are capable of harnessing the power of asocial economy generally demonstrate a commitment to three outcomes:greater social justice, financial self-sufficiency, and environmentalsustainability. Within the matrix of these three allied principles lienew strategic directions for the politics of sustainability.Table of ContentsList of Tables and Figures ix Acknowledgements xi Introduction: Social Economics and Sustainability / MikeGismondi, Sean Connelly, Mary Beckie, Sean Markey, and MarkRoseland 1 Towards Convergence: An Exploratory Framework 7 / SeanConnelly, Mike Gismondi, Sean Markey, and Mark Roseland 2 The Green Social Economy in British Columbia and Alberta 27 /Mike Gismondi, Lynda Ross, and Juanita Marois 3 The Role of the Social Economy in Scaling Up Alternative FoodInitiatives 59 / Mary Beckie and Sean Connelly 4 Human Services and the Caring Society 83 / JohnRestakis 5 Towards Sustainable Resource Management: Community Energy andForestry in British Columbia and Alberta 113 / Julie L.MacArthur 6 Evolving Conceptions of the Social Economy: The Arts, Culture, andTourism in Alert Bay 147 / Kelly Vodden, Lillian Hunt, and RandyBell 7 Non-Profit and Co-operative Organizations and the Provision ofSocial Housing 171 / George Penfold, Lauren Rethoret, and TerriMacDonald 8 Land Tenure Innovations for Sustainable Communities 195 /Marena Brinkhurst and Mark Roseland 9 Sustaining Social Democracy Through Heritage-Building Conservation223 / Noel Keough, Mike Gismondi, and ErinSwift-Leppäkumpu 10 Strong Institutions, Weak Strategies: Credit Unions and the RuralSocial Economy 249 / Sean Markey, Freya Kristensen, and StewartPerry Conclusion "Social Economizing" Sustainability 271 /Mike Gismondi, Sean Connelly, and Sean Markey List of Contributors 299

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Book SynopsisShaping markets through competition and economic regulation is at the heart of addressing the development challenges facing countries in southern Africa. The contributors to Competition Law and Economic Regulation: Addressing Market Power in southern Africa critically assess the efficacy of the competition and economic regulation frameworks, including the impact of a number of the regional competition authorities in a range of sectors throughout southern Africa. Featuring academics as well as practitioners in the field, the book addresses issues common to southern African countries, where markets are small and concentrated, with particularly high barriers to entry, and where the resources to enforce legislation against anti-competitive conduct are limited. What is needed, the contributors argue, is an understanding of competition and regional integration as part of an inclusive growth agenda for Africa.By examining competition and regulation in a single framework, and viewing this within the southern African experience, this volume adds new perspectives to the global competition literature. It is an essential reference tool and will be of great interest to policymakers and regulators, as well as the rapidly growing ecosystem of legal practitioners and economists engaged in the field.Trade ReviewI enthusiastically recommend this book to scholars and practitioners. It reflects a good deal of original empirical work and it makes a great contribution in an undeveloped space."" — Eleanor Fox, Walter Derenberg Professor of Trade Regulation, New York University School of Law""This is a timely and important addition to the competition literature and makes a significant contribution to the development of competition policy in the southern African region and beyond."" — PJ Sutherland, Professor, Law Faculty, Mercantile Law Department, University of StellenboschTable of ContentsAcknowledgementsList of tables, figures and boxesAcronyms and abbreviationsIntroductionThe development of competition and regulation in southern Africa — Jonathan Klaaren, Simon Roberts and Imraan ValodiaCartel Law EnforcementChapter 1 Penalties and settlements for South African cartels: An economic review — Tapera Muzata, Simon Roberts and Thando VilakaziChapter 2 Cartel likelihood, duration and deterrence in South Africa — Ratshidaho MaphwanyaChapter 3 Cartel enforcement in the southern African neighbourhood — Thula KairaIssues in Competition and RegulationChapter 4 Excessive pricing under the spotlight: What is a competitive price? — Reena das Nair and Pamela MondliwaChapter 5 Competition and regulation interface in energy, telecommunications and transport in South Africa — Reena das Nair and Simon RobertsCompetition and Regulation in Reshaping African MarketsChapter 6 How multinational investments in grain trading are reshaping Zambia’s market — Nicholas J. Sitko and Brian ChisangaChapter 7 Competition and incumbency in South Africa’s liquid fuel value chain — Anthea Paelo, Genna Robb and Thando VilakaziChapter 8 South Africa’s renewable energy experience: Inclusive growth lessons — Gaylor Montmasson-Clair and Reena das NairChapter 9 Competition and regulation in Zimbabwe’s emerging mobile payments markets — Genna Robb, Isaac Tausha and Thando VilakaziChapter 10 Evaluating the competitiveness of Zimbabwe’s poultry industry — Tatenda ZengeniConclusionChapter 11 Competition, regional integration and inclusive growth in Africa: A research agenda — Simon Roberts, Thando Vilakazi and Witness SimbanegaviContributor biographiesIndex

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Book SynopsisThis volume, comprised of authors from the U.S., Canada, Africa, and Europe, centers on the development, transformation, and role of geographic /regional economies-- specifically in the globalized, post-2009 era. The authors address topics that every region must consider in responding to idea age, globally competitive, regionally driven economies. The volume builds on a large body of scholarship specific to regional economic development and geography by providing a much needed post-2009 perspective on regional economic environments and activities. Among the topics addressed are the emergence and boundaries of new economic geographies; the actors, characteristics, and functions of regional innovation systems as well as the opportunities and challenges associated with region-specific cultural and environmental interactions. It also examines the relationship of regional economies to diminishing country based economies and the critical relationship to globalization.Table of ContentsList of Contributors. Introduction: Entrepreneurship and Global Competitiveness in Regional Economies: Determinants and Policy Implications. Chapter 1 Globalization and Directed Technological Change at the Firm Level: The European Evidence. Chapter 2 Globalization and Innovation in Advanced Economies. Chapter 3 A Series of Unfortunate Events: The Growth, Decline, and Rebirth of Ottawa's Entrepreneurial Institutions. Chapter 4 Entrepreneurship and Growth: What Causes What?. Chapter 5 The New “Cluster Moment”: How Regional Innovation Clusters can Foster the Next Economy. Chapter 6 Wichita's Aircraft Manufacturing Cluster, Knowledge Spillovers, and the Emergence of a Medical Device Manufacturing Cluster. Chapter 7 The Role of Labor Market Institutions on Entrepreneurship Dynamics in Times of Crisis: Evidence from European Countries. Chapter 8 Knowledge Structure and Regional Economic Growth: The French Case. Chapter 9 An Innovative Vision for Economic Development in Higher Education: An Essay on Balancing Community Growth and Global Competitiveness. Entrepreneurship and Global Competitiveness in Regional Economies: Determinants and Policy Implications. Advances in the study of entrepreneurship, innovation and economic growth. Advances in the study of entrepreneurship, innovation and economic growth. Copyright page.

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Book SynopsisSince the very beginnings of economics as a science, which might be dated from Ibn Khaldun's "Introduction to History" (1377), the challenge of making societies escape from poverty and attain some degree of prosperity has always been, and will remain, a fundamental issue. It was and it is still recognized today that this central venture is multi-faceted. Inasmuch as investment and technical progress are central in the growth and development process, many other dimensions must be taken into consideration, such as institutions, the openness of the economy, the protection of the environment. This book will presents cutting edge research on each of these issues and features a preface from Ken Arrow.Table of ContentsAbout the series: Frontiers of Economics and Globalization. About the Editor. List of Contributors. Foreword. Chapter 1 How Growth Can Undermine Growth: Three Examples. Chapter 2 Commodity Price Volatility, Democracy, and Economic Growth. Chapter 3 Growth, Colonization, and Institutional Development: In and Out of Africa. Chapter 4 On the Relation Between Investment and Economic Growth: New Cross-Country Empirical Evidence. Chapter 5 Vintage Capital Growth Theory: Three Breakthroughs. Chapter 6 Adaptive Economizing, Creativity, and Multiple-Phase Evolution. Chapter 7 An Explicit Nonstationary Stochastic Growth Model. Chapter 8 Growth Volatility and the Structure of the Economy. Chapter 9 Stability of Growth Models with Generalized Lag Structures. Chapter 10 On the Track of the World's Economic Center of Gravity. Chapter 11 Homothetic multisector growth models. Chapter 12 Medium-Term Growth: The Role of Policies and Institutions. Chapter 13 Modeling Parameter Heterogeneity in Cross-Country Regression Models. Chapter 14 How Much Should a Nation Save? A New Answer. Chapter 15 Aggregation, the Skill Premium, and the Two-Level Production Function. Chapter 16 Factor Substitution and Biased Technology with Balanced Growth. Chapter 17 Illegal Immigration, Factor Substitution, and Economic Growth. Chapter 18 Investment, Technical Progress, and the Consequences of the Global Economic Crisis. Chapter 19 Market Power, Growth, and Unemployment. Chapter 20 Optimal Abatement Investment and Environmental Policies Under Pollution Uncertainty. Chapter 21 Robotics and Growth. Chapter 22 Government and Growth: Friend or Foe?. Economic Growth and Development. Frontiers of economics and globalization. Frontiers of economics and globalization. Copyright page.

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Book SynopsisThis study addresses the role of agricultural policies in raising incomes in developing countries. Higher incomes are essential for sustained progress on the first Millennium Development Goal (MDG1), which calls for the eradication of extreme poverty and hunger, and includes a specific target of reducing by 50% between 1990 and 2015 the proportion of people living on less than a dollar a day. The aim is to identify ways in which the appropriate set of policies may vary according to a country's stage of development. A synthesis volume will also be published for policy makers. With more than two-thirds of the world's poor living in rural areas, higher rural incomes are needed to sustain poverty reduction and reduce hunger. This volume sets out a strategy for raising rural incomes which emphasises the need to create diversified rural economies with opportunities within and outside agriculture. This means adopting policies that facilitate rather than impede structural change and integrate agricultural policies within the overall mix of policies and institutional reforms that are needed. By investing in public goods, such as infrastructure and agricultural research, and by building effective social safety nets, governments can reduce the pressures related to less efficient policies such as price controls and input subsidies.Table of Contents1: Executive summary 2: Agricultural policies for raising rural incomes: An introduction 2.1: A strategic framework for strengthening rural incomes in developing countries 2.2: Distributional impacts of commodity prices in developing countries 2.3: The distributional implications of agricultural policies in developing countries: Findings from the Development Policy Evaluation Model (DEVPEM) 2.4: Stabilisation policies in developing countries after the 2007-08 food crisis 2.5: The use of input subsidies in low-income countries

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Book SynopsisCapacity building is a topic of intense focus in many industrialized countries. This book explores the theoretical underpinnings of capacity building to sustain the natural, cultural and human resources of communities. It reviews the extensive literature on capacity-building strategies and policies and examines the implications of sustainable development in communities around the world. The book's approach is both theoretical and applied. It offers methods of operationalizing sustainable development and sustainability theories and explores capacity building methods at different levels of government. Successful practices in non-governmental and governmental agency roles are examined. By considering the path towards embracing whole, or partial, sustainability, it provides a comprehensive analysis and examination of how to build capacity in tackling many development problems, especially those linked to infrastructure accumulation and land-use development. Contributors shed light on the overall impact of globalisation and many concepts related to sustainable development and sustainability of the economic socio-cultural and environmental systems. This book: · Examines the links between environment and sustainable development; · Provides models for capacity building; · Considers the role of globalization in sustainable development; · Renders a theoretical and applied examination of the issues; · Provides multidisciplinary and interdisciplinary approaches. This book is recommended for research libraries, for graduate studies in economic development, sustainable development, environmental management; and undergraduate studies relating to developing and emerging countries. It is also useful for government officials, researchers, decision makers and policy analysts involved in sustainable development.Table of Contents1: Building the Capacities of Developing Countries to Protect the Environment 2: Operationalizing Concepts of Sustainable Development in Africa 3: Sustainability of Agriculture and Food Shortage: A Brief Analysis of the African Condition 4: Globalization and Sustainable Development in Africa: The Imperatives of Capacity Building 5: Understanding Capacity Building for Sustainable Tourism in the Niger Delta, Nigeria 6: The Link Between Environment and Development 7: Capacity Building for Environmental Impact Analysis in Nigeria 8: The Effect of Traditional Land Management Methods on Crop Yield in Betem, Biase Local Government Area of Cross River State Nigeria 9: Empowerment of Women and Sustainable Development in the Twentieth Century: The Yoruba Women Example 10: Capacity Building and Economic Growth in Sub-Saharan Africa 11: Business Sector and Global Sustainable Future 12: Empowerment of Women and Sustainable Development 13: Subaltern Hydro-Struggles Against Unsustainable Commercial Diamond-Mining Practices in Chiadzwa, Zimbabwe (2009-2013) 14: Proactive Learning Framework: Educational Model for Capacity-Building and Sustainable Development 15: Can Competitiveness be the Framework for Sustainable Electricity Supply in Nigeria? 16: Energy Production and Consumption for Sustainable Development 17: Climate Change and Coping Strategies for Sustainable Food Production Among Small Scale Farmers in Nigeria 18: Capacity Building for Rural Development in Nigeria: The Case of Rural Road Network 19: Oil, Conflict, and Sustainable Development in Nigeria 20: Energy Production and Consumption and Sustainable Development 21: The Challenges of Climate Change on the Livelihood and Sustainable Development of Selected Coastal Communities in Nigeria’s Niger Delta (1990-2015) 22: Human Rights Violation in a Bid for Sustainable Development: A Case of Tokwe-Mukosi Dam Construction in Chivi District in Masvingo Province in Zimbabwe 23: Relationships of Climate Variability and Change to Development

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Book SynopsisCountries that need industrial policy the most typically have the worst governance. This terrific book explicitly recognizes this difficulty, and provides a rich discussion of how it can be overcome. It presents a valuable series of country studies that focus on both successes (such as Ethiopian cut flowers) and failures (such as Namibia's export processing zones). The authors show that weak capacity is not necessarily a hindrance to effective industrial policy, just as strong capacity does not guarantee it.'- Dani Rodrik, Princeton University, US'This is the book our students have been waiting for.'- Hubert Schmitz, Institute of Development Studies and Founder of Sussex MA course Competing in the Global Economy'A green transformation holds the potential to sustain a healthy planet where ecosystems are well-managed and human well-being is secured for future generations. This book makes a compelling case for the design of industrial policies that support a green economy. Being at the crossroads of their development pathways, developing countries have the unique opportunity to define their industrial policies in a resource-efficient, low-carbon and socially inclusive manner in the context of the Post-2015 Development Agenda.'- Achim Steiner, Executive Director of the United Nations Environment Programme (UNEP)Industrial Policy in Developing Countries offers an in-depth assessment of both the potentials and perils of designing and implementing policy in countries at early stages of economic development. The range of insightful case studies illustrates the key dilemma: directing economic and social development through what are often incipient and weak institutions. This realistic, evidence-based assessment will appeal to both development researchers and industrial policy practitioners, particularly those working in developing countries.Trade Review'This is both a why book and a how-to book. It brings together a wealth of firsthand experience, empirical evidence and institutional theory to forge a compelling argument for industrial policy (or ''production transformation policy''), even where most parts of the state operate in a manner far from a Weberian bureaucracy. It is highly original, and an enjoyable read into the bargain.' --(Robert H. Wade, London School of Economics, UK and winner of the Leontief Prize in Economics, 2008)'A timely reminder both of the necessity of industrial policy and why designing successful industrial policy is so challenging for developing countries. Green technologies, social inclusion concerns and the problems of weak governance and political constraints means that industrial policy has to be appropriate for very specific contexts and problems.' --(Mushtaq Khan, SOAS, University of London, UK)'Historically industrial policy has been conducted by nearly all countries as a way of getting ahead in the international arena. Many have succeeded but many have failed. African countries have particularly failed miserably, mainly because their embryonic governments tried to do too much with too little. The present book provides a refreshing and balanced guidepost for such governments to employ relatively appropriate strands of industrial policy while avoiding the past pitfalls. As such, the book fills an important void in the economic development literature.' --(Augustin K. Fosu, University of Ghana, University of Pretoria, South Africa and University of Oxford, UK)Table of ContentsContents: 1. Why this Book? 2. Societal Goals Ruling Markets 3. Industrial Policy for Social Inclusion 4. Industrial Policy for a Green Transformation 5. Governance and Governments: Balancing Market and State Failure 6. What is Special about Industrial Policy in Developing Countries? 7. Selected Developing Country Case Studies 8. Comparative Insights into Success and Failure 9. Rethinking Industrial Policy in Developing Countries Index

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Book SynopsisAshok ChakravartiTrade ReviewThis book represents an important next step in the new institutional economics. Using this perspective, it undertakes a thorough re-examination of the problems of development. - Barry R. Weingast, Stanford University, US Institutions, Economic Performance, and the Visible Hand is a wide ranging, well-written, and provocative contribution to the study of political and economic organization. Ashok Chakravarti advances arguments and interpretations that are both interesting and, often, controversial. Although I find myself ''arguing'' with many of them, this is one of the many virtues of the book. I recommend the book to others who have an interest in institutional economics - why it is important, where it has been, and where it is going. - Oliver E. Williamson, Nobel Laureate in Economics, University of California, Berkeley, US This is an ambitious and wide-ranging book, which seeks to overthrow the minimalist view of the role of institutions in economic systems contained in the standard economic model, and instead advocates a more active institution-building effort to promote the development of poor countries. This important contribution is to review and consolidate the themes and issues that emerge from a very large literature on the subject of institutions and economic development, and to coherently formulate hypotheses relating institutions to economic performance. This should be useful to a wide range of scholars. --- John Toye, University of Oxford, UKTable of ContentsContents: Preface 1. Introduction 2. The Neoclassical Model and its Critique 3. The Old and New Institutional Economics 4. Development Strategies and Performance: An Overview 5. Institutions and Governance: The New Empirical Evidence 6. Institutions in Economic History 7. Discontinuous Institutional Change 8. Southern Sudan: A Case Study in Discontinuous Institutional Change 9. Markets and Institutions 10. Mechanisms of Institutional Transition Appendices Bibliography Index

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Book SynopsisThis book addresses the prospects and challenges concerning both soft and hard infrastructure development in Asia and provides a framework for achieving Asian connectivity through regional infrastructure cooperation towards a seamless Asia. Key topics included are: - demand estimates of national and regional infrastructure in transport, electricity, information and communication technology, and water and sanitation; - empirical results on the costs and benefits of regional infrastructure for economies and households; - the impact of infrastructure development on the environment and climate; - sources and instruments of infrastructure financing; - best practices and lessons learned from the experiences of the Asian region and other regions; and - experiences of public-private partnership projects. This insightful book will serve as a definitive knowledge product for policymakers, academics, private sector experts and infrastructure practitioners interested in the regional and national infrastructure demand, investment and benefits in the region. Concerned officials from private and public sectors, and other experts involved in environmental and natural resources studies will also find this compendium invaluable. Contributors: R. Adhikari, N. Banik, B.N. Bhattacharyay, H. Dick, M. Fujimura, K.-C. Fung, A. Garcia-Herrero, J. Gilbert, T. Hertel, M. Kawai, R.M. Nag, F. Ng, J. Nunez-Ferrer, P.J. Rimmer, S. Stone, A. Strutt, W. van der Geest, F. Zhai, Z. ZhangTrade Review'This prescriptive, highly fact-intensive, forward-looking and econometrically strong yet policy-oriented book is an important addition to the literature on trade infrastructure, economic integration and trade policy in Asia. Thus, it will benefit a wide range of specialist audiences, including economists and policy makers.' -- Pravakar Sahoo, Pacific AffairsTable of ContentsContents: Foreword Haruhiko Kuroda 1. Introduction Biswa Nath Bhattacharyay, Masahiro Kawai and Rajat M. Nag PART I: DEMAND FOR AND BENEFITS OF NATIONAL AND REGIONAL INFRASTRUCTURE NETWORKS 2. Estimating Demand for Infrastructure, 2010–2020 Biswa Nath Bhattacharyay 3. Benefits of Infrastructure Investment: An Empirical Analysis Fan Zhai 4. Socio-economic Impact of Regional Transport Infrastructure in the Greater Mekong Subregion Susan Stone, Anna Strutt and Thomas Hertel 5. Socio-economic Impacts of Regional Transport Infrastructure in South Asia John Gilbert and Nilanjan Banik PART II: POLICIES AND INSTITUTIONS FOR EFFECTIVE INFRASTRUCTURE 6. Evaluation of Regional Infrastructure Manabu Fujimura and Ramesh Adhikari 7. Economic Space for Transnational Infrastructure: Gateways, Multimodal Corridors and Special Economic Zones Peter J. Rimmer and Howard Dick 8. Institutional and Policy Frameworks for Sustainable Infrastructure ZhongXiang Zhang 9. Managing Regional Infrastructure: European Union Institutional Structures and Best Practices Willem van der Geest and Jorge Núñez-Ferrer PART III: ADDRESSING INFRASTRUCTURE FINANCING NEEDS 10. Modes of Asian Financial Integration: Financing Infrastructure Biswa Nath Bhattacharyay 11. Foreign Direct Investment in Financing Regional Infrastructure Kwok-Chiu Fung, Alicia Garcia-Herrero and Francis Ng 12. Public–Private Partnerships for Regional Infrastructure: Lessons from the European Union Willem van der Geest and Jorge Núñez-Ferrer Index

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Book SynopsisSouth Asian leaders have made it a priority to tackle key regional issues such as poverty, environment degradation, trade and investment barriers and food insecurity, among others. This book considers the leadership of the South Asian Association for Regional Cooperation (SAARC) and the interaction with civil society in the process of South Asian regional cooperation and integration, and discusses how the emerging urgency in the provision of regional public goods provides an excellent opportunity to add to the successes in South Asian regional integration. The book explores civil society's role in regional and economic integration in South Asian industries, trade and services, and the importance of regional public goods such as food security for future integration efforts. It concludes that there are a few successes on which future cooperation and integration in South Asia can be built and where engagement with civil society could be productive, and that these success stories are sector specific - for instance, in industry and trade sectors where cross-border activities have been established within the framework of a South Asia Free Trade Agreement (SAFTA). However, a greater number of success stories are required at the sector level to serve as building blocks for further regional cooperation and integration. This highly original book will prove a fascinating read for academics, students and policy makers across a diverse range of fields including: Asian studies, development, economics and regional and urban studies. Contributors: R. Amjad, Z. Bakht, N.C. Behera, D. de Mel, N. Hanif, M. Hossain, M. Iqbal, S. Jayaratne, K. Moinuddin, D. Premaratne, M. Quddus, N. Shinkai, S. Sohail, A. Wijesinha, M. YunusTable of ContentsContents: Foreword Sultan Hafeez Rahman Preface: Regional Integration for Shared Prosperity in South Asia PART I: CIVIL SOCIETY IN REGIONAL COOPERATION IN SOUTH ASIA 1. SAARC and Beyond: Civil Society and Regional Integration in South Asia Navnita Chadha Behera PART II: ECONOMIC INTEGRATION: INDUSTRIES 2. Vertical Integration of Industries in South Asia Deshal de Mel and Suwendrani Jayaratne 3. Integration of ICT Industries and its Impact on Market Access and Trade: The Case of Bangladesh and India Monzur Hossain, Naoko Shinkai, Mohammad Yunus and Zaid Bakht PART III: ECONOMIC INTEGRATION: TRADE AND TRADE IN SERVICES 4. Trade Facilitation Issues in South Asia Deshal de Mel, Suwendrani Jayaratne and Dharshani Premaratne 5. Liberalization of Air Services in South Asia: Prospects and Challenges Anushka Wijesinha and Deshal de Mel 6. Liberalization of Trade in Services under SAFTA: Prospects and Challenges for Pakistan Safdar Sohail, Noorulain Hanif and Maliha Quddus PART IV: REGIONAL PUBLIC GOODS FOR SOUTH ASIA 7. The Provision of Regional Public Goods in South Asia Khaja Moinuddin 8. Food Security in South Asia: Strategies and Programmes for Regional Collaboration Muhammad Iqbal and Rashid Amjad

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Book SynopsisThe main focus of the papers appearing in the first part of the book is on inequality and its effects on growth, labour market integration and government policies. The book continues by dealing with migration, its determinants and its possible effect on the host country's output, employment and standard of living. Finally, the authors discuss economic growth and its relationship with trade, capital accumulation and internal and external debts.Economists and researchers studying development economics and migration studies will find this original book, with its innovative state-of-the-art studies, of great interest.Trade Review'Mathias Czaika and Carlos Vargas-Silva have assembled an excellent collection of previously published articles on all aspects of the connections between migration and economic growth. As well, they provide an introduction that sets out the cross-connections between migration and economic growth, and provides and lead-in to the articles that follow in their compilation. An excellent place to start if one wanted to cover most of the important topics and researched areas in the overlap between migration and economic growth during the last fifty years.'Table of ContentsContents: Acknowledgements Introduction Mathias Czaika and Carlos Vargas-Silva PART I ECONOMIC DRIVERS OF MIGRATION: THE ROLE OF GROWTH AND RELATED ECONOMIC FACTORS [274 pp] A Classical Theories 1. Larry A. Sjaastad (1962), ‘The Costs and Returns of Human Migration’ 2. John R. Harris and Michael P. Todaro (1970), ‘Migration, Unemployment and Development: A Two-Sector Analysis’ 3. Jacob Mincer (1978), ‘Family Migration Decisions’ 4. Oded Stark and David Levhari (1982), ‘On Migration and Risk in LDCs’ 5. Oded Stark and J. Edward Taylor (1989), ‘Relative Deprivation and International Migration’ 6. Barry R. Chiswick (1999), ‘Are Immigrants Favorably Self-Selected?’ B Empirical Evidence 7. George J. Borjas (1987), ‘Self-Selection and the Earnings of Immigrants’ 8. Michael J. Greenwood and Gary L. Hunt (1989), ‘Jobs versus Amenities in the Analysis of Metropolitan Migration’ 9. Michael Vogler and Ralph Rotte (2000), ‘The Effects of Development on Migration: Theoretical Issues and New Empirical Evidence’ 10. Peder J. Pedersen, Mariola Pytlikova and Nina Smith (2008), ‘Selection and Network Effects – Migration Flows into OECD Countries 1990–2000’ 11. Anna Maria Mayda (2009), ‘International Migration: A Panel Data Analysis of the Determinants of Bilateral Flows’ 12. Mathias Czaika and Krisztina Kis-Katos (2009), ‘Civil Conflict and Displacement: Village-Level Determinants of Forced Migration in Aceh’ C Return Migration 13. Yaohui Zhao (2002), ‘Causes and Consequences of Return Migration: Recent Evidence from China’ 14. Christian Dustmann (2003), ‘Return Migration, Wage Differentials, and the Optimal Migration Duration’ 15. Dean Yang (2006), ‘Why do Migrants Return to Poor Countries? Evidence from Philippine Migrants’ Responses to Exchange Rate Shocks’ PART II THE DIRECT AND INDIRECT EFFECTS OF IMMIGRATION ON ECONOMIC GROWTH: MULTIPLE CHANNELS A Labour Markets 16. David Card (1990), ‘The Impact of the Mariel Boatlift on the Miami Labor Market’ 17. Jennifer Hunt (1992), ‘The Impact of the 1962 Repatriates from Algeria on the French Labor Market’ 18. George J. Borjas (1995), ‘The Economic Benefits from Immigration’ 19. Rachel M. Friedberg (2001), ‘The Impact of Mass Migration on the Israeli Labor Market’ 20. David Card (2001), ‘Immigrant Inflows, Native Outflows, and the Local Labor Market Impacts of Higher Immigration’ B Fiscal Impact 21. Alan J. Auerbach and Philip Oreopoulos (1999), ‘Analyzing the Fiscal Impact of U.S. Immigration’ 22. Kjetil Storesletten (2000), ‘Sustaining Fiscal Policy through Immigration’ 23. Ronald Lee and Timothy Miller (2000), ‘Immigration, Social Security, and Broader Fiscal Impacts’ 24. Assaf Razin, Efraim Sadka and Phillip Swagel (2002), ‘Tax Burden and Migration: A Political Economy Theory and Evidence’ C Technology and Innovation 25. William R. Kerr (2008), ‘Ethnic Scientific Communities and International Technology Diffusion’ 26. Jennifer Hunt and Marjolaine Gauthier-Loiselle (2010), ‘How Much Does Immigration Boost Innovation?’ 27. William R. Kerr (2010), ‘Breakthrough Inventions and Migrating Clusters of Innovation’ 28. Jennifer Hunt (2011), ‘Which Immigrants Are Most Innovative and Entrepreneurial? Distinctions by Entry Visa’ PART III THE DIRECT AND INDIRECT EFFECTS OF EMIGRATION ON ECONOMIC GROWTH: MULTIPLE CHANNELS A Brain Drain and Brain Gain 29. Robert E.B. Lucas (1987), ‘Emigration to South Africa's Mines’ 30. Michel Beine, Frédéric Docquier and Hillel Rapoport (2001), ‘Brain Drain and Economic Growth: Theory and Evidence’ 31. Oded Stark (2004), ‘Rethinking the Brain Drain’ 32. Michel Beine, Frédéric Docquier and Cecily Oden-Defoort (2011), ‘A Panel Data Analysis of the Brain Gain’ B Remittances 33. Richard H. Adams Jr. and John Page (2005), ‘Do International Migration and Remittances Reduce Poverty in Developing Countries?’ 34. Carlos Vargas-Silva (2008), ‘Are Remittances Manna from Heaven? A Look at the Business Cycle Properties of Remittances’ 35. Natalia Catrinescu, Miguel Leon-Ledesma, Matloob Piracha and Bryce Quillin (2009), ‘Remittances, Institutions, and Economic Growth’ 36. Paola Giuliano and Marta Ruiz-Arranz (2009), ‘Remittances, Financial Development, and Growth’ PART IV MIGRATION, LONG-TERM GROWTH AND CONVERGENCE 37. Richard A. Easterlin (1966), ‘Economic-Demographic Interactions and Long Swings in Economic Growth’ 38. Robert J. Barro and Xavier Sala-I-Martin (1991), ‘Convergence Across States and Regions’ 39. John F. Helliwell (1996), ‘Convergence and Migration among Provinces’ 40. Alan M. Taylor and Jeffrey G. Williamson (1997), ‘Convergence in the Age of Mass Migration’

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Book SynopsisThe emergence of China since 1979 has been a hallmark in the global economy, not only in the past but also in this century. This comprehensive book provides an analytical view of the remarkable economic development of the most exciting economy in the world.China's impressive economic growth has propelled it from being one of the poorest countries in the world to becoming its third largest economy. It is a complex economy with a mix of characteristics resulting from being both a transition economy and a developing country, which also points to the challenges that it still faces. This book explains China's remarkable transformation from a centrally planned to a more market-oriented economy through examination of the institutional reforms necessary to support such marketisation and eventual global integration. Although no book will be able to be completely comprehensive given the scale of the economy and the remarkable pace of transformation over three decades, this study highlights the key areas giving an overview of the major developments in China's economy, enabling its prospects of continuing growth to be assessed.With topical discussion incorporating recent data and developments, this book will be a stimulating read for academic researchers, postgraduate students in economics, international business, Chinese and area studies, as well as anyone interested in understanding the Chinese economy.Trade Review'[T]his is a comprehensive book written in a concise and well-structured manner. . . The book is a recommended read for a wide range of academic researchers, graduate students and for anyone with a professional interest in understanding the Chinese economy.' --Blagoy Kitanov, Europe-Asia Studies'The book is a very good snapshot introduction to China and could potentially be used as a supplementary text for undergraduates in their studies on the Chinese economy or Chinese studies.' --Herb Thompson, Journal of Contemporary Asia'By examining the institutional reforms used to make the transition, Yueh provides a comprehensive and exceptionally insightful analysis of economic change in what has become the world's second biggest economy. . . Highly recommended.' --C.A. Haulman, ChoiceTable of ContentsContents: Preface 1. Introduction 2. Economic Growth: 30 Years of Market Transition, Economic Development and Global Integration 3. Enterprises and Agriculture 4. Labour 5. Entrepreneurship 6. Banking and Finance 7. Law and Markets 8. Innovation 9. Social Coverage: Education, Pensions, Health System and Poverty 10. International Trade, Foreign Investment and the Global Economy Bibliography Index

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Book SynopsisThe commercialization of academic knowledge is increasingly seen as a potential economic development model, particularly for improving the capabilities and economic performance of regions. This insightful volume investigates the emerging factors in knowledge commercialization from an international perspective and highlights research agendas and challenges to be met across academia, industry and government.The expert contributors focus specifically on the new role of universities in regional economic development through knowledge commercialization, as well as university-industry interaction and the factors that influence knowledge and technology transfer. They explore knowledge commercialization in the US, 'knowledge valorization' in Europe, and technology transfer dynamics in China. A forum for discussion of whether, why, and how commercialization and valorization of knowledge can lead to higher levels of innovation and economic development from an international perspective is also provided.This thought-provoking book will prove a stimulating read for academics, students and researchers with an interest in regional economics, regional studies and knowledge management.Contributors: J. Aberman, Z.J. Acs, T. Baycan, T. Buddingh , M. Fernández-Esquinas, E. Feser, H. Goldstein, V. Grinevich, M. Ljunggren, E. Masurel, X.-f. Meng, D.J. Miller, P. Nijkamp, G.H.F. Noltes, A. Piccaluga, H. Pinto, K. Rao, A. Rehbogen, R.R. Stough, M. van Geenhuizen, P. van Hemert, P. Vulto, H. WestlundTable of ContentsContents: PART I: INTRODUCTION 1. Knowledge Commercialization and Valorization in Regional Economic Development: New Perspectives and Challenges Tüzin Baycan PART II: UNIVERSITY ENGAGEMENT, KNOWLEDGE COMMERCIALIZATION AND REGIONAL ECONOMIC DEVELOPMENT 2. Backing the Horse or the Jockey? University Knowledge Commercialization in the Entrepreneurial Age David J. Miller and Zoltan J. Acs 3. Knowledge Spillovers and Commercialization in Universities and their Regions Roger R. Stough, Jonathan Aberman, Tüzin Baycan and Paul Vulto 4. University Engagement and Knowledge Commercialization: An Analysis of Faculty Attitudes Harvey Goldstein and Alexander Rehbogen 5. Professors’ Attitude to Collaboration and Central Infrastructure for Collaboration: An Analysis of Social Capital Establishment Within Higher Education Institutions Maria Ljunggren and Hans Westlund 6. Entrepreneurship Education in the Research-Intensive Entrepreneurial University Edward Feser PART III: KNOWLEDGE AND TECHNOLOGY TRANSFER DYNAMICS AND REGIONAL ECONOMIC DEVELOPMENT 7. Valorization of University Knowledge: What are the Barriers and Can ‘Living Labs’ Provide Solutions? Marina van Geenhuizen 8. The Influence of Cross-Border Knowledge Interaction on the Relation between Key Subsystems of the RIS and Innovation Performance of Dutch SMEs Patricia van Hemert, Peter Nijkamp and Enno Masurel 9. Region-Specific Productivity Competitiveness and the University-Industry Interface Vadim Grinevich 10. Exploring Knowledge-Transfer Dynamics in a South European Region: Breadth, Intensity and Informality of University-Industry Interactions in Andalusia Hugo Pinto and Manuel Fernández-Esquinas 11. Performance Measurement in Business Incubators: Empirical Evidence from Europe Gregor H.F. Noltes, Enno Masurel and Toon Buddingh’ 12. The Impact of Human Resource Factors on University Patent Technology Transfer Activities in China – Based on the Analysis of Provincial Panel Data Kai Rao, Andrea Piccaluga and Xian-Fei Meng Index

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Book SynopsisThis book presents a detailed study of the interface between regional integration and competition policies of selected regional trade agreements (RTAs), and the potential of regional competition laws to help developing countries achieve their development goals. The book provides insights on the regional integration experiences in developing countries, their potential for development and the role of competition law and policy in the process. Moreover, the book emphasizes the development dimension both of regional competition policies and of competition law. This timely book delivers concrete proposals that will help to unleash the potential of regional integration and regional competition policies, and also help developing countries to fully enjoy the benefits deriving from a regional market. Bringing together analysis from well-known scholars in the developed world with practical insight from scholars in countries hoping to exploit the potential of competition law, this book will appeal to academics working in the field of competition law, practitioners, policymakers and officials from developing countries, as well as those in development organizations such as UNCTAD. Contributors: A. Amunategui Abad, M. Bakhoum, D.S. Beckford, J. Cortazar, J. Drexl, E.M. Fox, M.S. Gal, D.J. Gerber, G.K. Lipimile, G. Mamhare, J. Molestina, K. Moodaliyar, M. Ngom, T. Stewart, L. Thanadsillapakul, I.F. WassmerTrade ReviewThis book is very interesting and provides a valuable contribution to the scholarship on competition law in developing countries. Policymakers and lawyers involved in these fields will gain perspective about the benefits and problems related to the experiences presented in this work. --Andrés Palacios Lleras, World CompetitionThis wonderful volume offers a timely and important look at competition policy where it is changing the most - developing countries pursuing regional agreements. It provides superb analytical discussions of the impact of regional competition policy integration, why developing states have pursued this strategy, and the extent to which it is meeting their needs. The editors have assembled a superb roster of experts, so it is not a surprise that the book recommendations are insightful, and deserving of attention from policy makers. --Andrew Guzman, Berkeley Law SchoolThis book makes it perfectly clear that a pro-competitive environment is an important condition for further progress on the road to development. The potential for improvement is even larger if the competitive framework is not reserved to the national level but extends to the regional dimension. The task is complex, and errors cannot be excluded. This highly recommendable book shows how to avoid them. --Andreas Heinemann, International Review of Intellectual Property and Competition LawTable of ContentsContents: Introduction Mor Bakhoum PART I: PROMISES AND CHALLENGES IN IMPLEMENTING REGIONAL COMPETITION POLICY REGIMES 1. The Harmonization of ASEAN: Competition Laws and Policy from an Economic Integration Perspective Lawan Thanadsillapakul 2. Competition Law and Policy in the Framework of ASEAN Anthony Amunategui Abad 3. Southern African Development Community (SADC) Regional Competition Policy Gladmore Mamhare 4. Competition Policy in SADC: A South African Perspective Kasturi Moodaliyar PART II: INSTITUTIONAL COHERENCE, REGIONAL INTEGRATION AND COMPETITION POLICY 5. Institutional Coherence and Effectiveness of a Regional Competition Policy: The Case of the West African Economic and Monetary Union (WAEMU) Mor Bakhoum and Julia Molestina 6. Regional Integration and Competition Policy in the Economic Community of West African States (ECOWAS) Region Mbissane Ngom 7. Andean Competition Law: Looking for the Private Sector, or the Quest for the Missing Link in Antitrust Javier Cortázar PART III: ECONOMIC STRUCTURE, REGIONAL INTEGRATION AND COMPETITION LAW ENFORCEMENT 8. Regional Integration in the Caribbean: The Role of Competition Policy Taimoon Stewart 9. Implementing Effective Competition Policy through Regional Trade Agreements: The Case of CARICOM Delroy S. Beckford 10. The COMESA Regional Competition Regulations George K. Lipimile PART IV: THE DEVELOPMENT DIMENSION OF REGIONAL INTEGRATION AND COMPETITION POLICY 11. Economic Integration and Competition Law in Developing Countries Josef Drexl 12. Regionalization, Development and Competition Law: Exploring the Political Dimension David J. Gerber 13. Competition, Development and Regional Integration: In Search of a Competition Law Fit for Developing Countries Eleanor M. Fox 14. Regional Agreements of Developing Jurisdictions: Unleashing the Potential Michal S. Gal and Inbal Faibish Wassmer Index

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Book SynopsisThis innovative volume, with contributions from well-established and newer authors in the field, offers important contemporary insights on various issues in trade and development. It comprises both updated reviews on classic issues in the field; important contributions on newer areas including informal cross border trade, agglomeration and trade facilitation; and insights from firm studies. One important theme explored here is the greater difficulty Sub-Saharan Africa has had in benefiting from trade compared to East Asia and Latin America.'- Andy McKay, University of Sussex, UKThis timely Handbook comprehensively explores the complex relationships between trade and economic performance in developing countries, illustrating that it is not trade per se that is important but the context, at the firm, country and regional level, in which trade occurs.The Handbook on Trade and Development provides a review of the current understanding of major trade issues facing developing countries through considering specific region or country case studies. Broad topics are covered including trade costs and facilitation; trade preferences; trade and firm performance; and child labor. Chapters on sub-Saharan Africa cover primary commodities, informal cross-border trade, agglomeration and regional integration. Chapters on Latin America include the role of imported technology; exchange rates; export diversification; FDI; and firm exporting. Chapters on East Asia cover the increasing importance of China in world trade and links between trade and environment, labor markets and FDI.This discerning work will be an indispensable reference point for academics, researchers and students of development economics. The broad range of topics covered will provide a useful insight for practitioners and policy makers into the nuances of the complex relationship between trade and the economy in developing regions.Contributors include: C. Ackah, M.R. Agosin, P-.C. Athukorala, L.D.C. Chancí Arango, X. Cirera, E. Cooke, A.M. Fernandes, E. Ferro, R. Garcia, S. Golub, G. Herath, I.T. Kandilov, A. Leblebicio lu, G. Leeves, V. Leyaro, R.A. López, P. McConaghy, J. Menon, A. Mold, O. Morrissey, M. Persson, A. Prizzon, K. Sharma, E. Siba, M. Söderbom, T.T.H. Tambunan, F.E. Turkson, A. Voy, A. Waldkirch, W. Wei, J.S. Wilson, J. Zhang, X. ZhangTrade ReviewThis innovative volume, with contributions from well-established and newer authors in the field, offers important contemporary insights on various issues in trade and development. It comprises both updated reviews on classic issues in the field; important contributions on newer areas including informal cross border trade, agglomeration and trade facilitation; and insights from firm studies. One important theme explored here is the greater difficulty Sub-Saharan Africa has had in benefiting from trade compared to East Asia and Latin America.'--Andy McKay, University of Sussex, UK'The Handbook, a product of many expert contributions, will serve as a valuable guide for academics, researchers and students of development economics.'--Journal of Southeast Asian EconomiesTable of ContentsContents: 1. Introduction Oliver Morrissey, Ricardo A. López and Kishor Sharma Part I: MAJOR THEMES 2. Trade, Tariffs, Growth and Poverty Charles Ackah, Vincent Leyaro and Oliver Morrissey 3. Trade Costs Festus Ebo Turkson 4. Building the Infrastructure for Trade: Developments in Trade Facilitation and Aid-for-Trade Esteban Ferro, John S. Wilson and Peter McConaghy 5. Trade Preferences: Schemes and Effects Xavier Cirera and Edgar Cooke 6. Trade Preferences from a Policy Perspective Maria Persson 7. Trade and Firm Performance Ricardo A. López 8. Trade and Child Labour Annie Voy Part II: SUB-SAHARAN AFRICA 9. Enterprise Agglomeration and Firm Performance in sub-Saharan Africa Eyerusalem Siba and Måns Söderbom 10. Informal Cross Border Trade and Smuggling in Africa Stephen Golub 11. Integration and Regional Trade in Sub-Saharan Africa Festus Ebo Turkson 12. Commodity Prices and Export Performance in Sub-Saharan African Countries Andrew Mold and Annalisa Prizzon 13. Trade Structure and Trade Costs: What makes Sub-Saharan Africa different? Vincent Leyaro Part III: LATIN AMERICA 14. The Rise of Brazil in Global Trade Raffi Garcia and Ricardo A. López 15. Export Diversification Dynamics in Latin America Manuel R. Agosin and Luis David Chancí Arango 16. Exchange Rate Volatility and Exports: The Case of Colombia Ivan T. Kandilov and Asli Leblebicioğlu 17. Imported Technology and Firm Exporting: The Case of Chile Ana M. Fernandes and Ricardo A. López 18. Foreign Direct Investment in Mexico Andreas Waldkirch Part IV: EAST ASIA 19. Global Production Sharing, Trade Patterns, and Determinants of Trade Flows: The Role of East Asia Prema-chandra Athukorala and Jayant Menon 20. Exports and FDI in China Jing Zhang and Xufei Zhang 21. Trade, Growth and External Shocks in Indonesia Tulus T.H. Tambunan 22. Trade, Environment and the Labour Market in Malaysia Gamini Herath and Gareth Leeves 23. Vertical Specialization in Chinese Foreign Trade? Kishor Sharma and Wang Wei Index

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Book SynopsisA general expectation has developed that China's middle class will generate not only social but also political change. This expectation often overlooks the reality that there is no single Chinese middle class with a common identity or will to action. This timely volume examines the behaviour and identity of the different elements of China's middle class entrepreneurs, managers, and professionals - in order to understand their centrality to the wider processes of social and political change in China.The expert contributors seek to identify the social space occupied by the Chinese middle class rather than identifying social backgrounds and attitudes. In so doing they explore socio-political issues, the development of a consumer society, relationships between gender and class in the workplace, home-ownership and the appearance of gated communities, and the political interaction between the Party-state and the entrepreneurial middle classes and their impact on the new institutional economics.Providing a more nuanced understanding of the structure of the middle class in China and identifying dynamic elements in their behaviour, this unique book will prove a fascinating and thought provoking read for academics, students and researchers with an interest in Asian studies and public policy.Contributors include: C. Cartier, M. Chen, L. Chunling, D.S.G. Goodman, H. Hendrischke, D. Jianzhong, Y. Jing, J. Liu, J.L. Rocca, B. Tang, J. UngerTable of ContentsContents: Preface Introduction: Middle Class China – Discourse, Structure and Practice Minglu Chen and David S.G. Goodman 1. Sociopolitical Attitudes of the Middle Class and the Implications for Political Transition Li Chunling 2. Class, Consumption and the Economic Restructuring of Consumer Space Carolyn Cartier 3. Urban Housing-Status-Groups: Consumption, Lifestyles and Identity Beibei Tang 4. White-collar Workers: Gender and Class Politics in an Urban Organization Jieyu Liu 5. The Socioeconomic Status, Co-optation and Political Conservatism of the Educated Middle Class: A Case Study of University Teachers Beibei Tang and Jonathan Unger 6. Homeowners’ Movements: Narratives on the Political Behaviours of the Middle Class Jean-Louis Rocca 7. Institutional Determinants of the Political Consciousness of Private Entrepreneurs Hans Hendrischke 8. Understanding Entrepreneurs Yang Jing and Dai Jianzhong Bibliography Index

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Book SynopsisThis unique and fascinating book explores three decades of economic change in China and the consequent transformation of class relations and class-consciousness in villages and in the urban workplace. The expert contributors illustrate how the development of the urban economic environment has led to changes in the urban working class, through an exploration of the workplace experiences of rural migrant workers, and of the plight of the old working class in the state-owned sector. They address questions on the extent to which migrant workers have become a new working class, are absorbed into the old working class, or simply remain as migrant workers. Changes in class relations in villages in the urban periphery - where the urbanization drive and in-migration has lead to a new local politics of class differentiation - are also raised. Presenting new, original field research detailing social and socio-economic change in China, this book will prove invaluable to scholars, researchers and postgraduate students with an interest in Asian studies, public policy, regional and urban studies, political science or sociology. Contributors: J. Andreas, B. Carrillo, A. Chan, D.S.G Goodman, P.P. Leung, J. Linchuan Qiu, K. Siu, A.Y. So, L. Tomba, J. Unger, H. WangTrade Review'The strength of this thought provoking book is that each chapter combines theoretical reflections with penetrating empirical analysis, so it has a lot to offer anyone interested in social change in contemporary China.' --The China JournalTable of ContentsContents: Preface Introduction: The Sociopolitical Challenge of Economic Change – Peasants and Workers in Transformation Beatriz Carrillo and David S.G. Goodman 1. Status Groups and Classes in a Chinese Village: From the Mao Era through Post-Mao Industrialization Jonathan Unger 2. Awakening the God of Earth: Land, Place and Class in Urbanizing Guangdong Luigi Tomba 3. The Making and Re-making of the Working Class in South China Parry P. Leung and Alvin Y. So 4. Chinese Migrant Workers: Factors Constraining the Emergence of Class Consciousness Anita Chan and Kaxton Siu 5. Industrial Restructuring and Class Transformation in China Joel Andreas 6. Working-class Cultural Spaces: Comparing the Old and the New Jack Linchuan Qiu and Hongzhe Wang Bibliography Index

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Book SynopsisThis path-breaking book investigates the challenges of realizing the Asian century. Prosperity in Asia does not only mean economic growth; the issues of public health, sanitation, income equality, the social safety net and efficient use of natural resources are also important. It argues for new policy initiatives in social, environmental and natural resource areas of South, Southeast and East Asia.This insightful volume is presented in three parts: Part I identifies the major socio-economic factors which are likely to take away the opportunities in realizing the Asian century by 2050; Part II presents the responsible policy issues which would be needed to overcome the hurdles such as public finance, natural resources, public health and sanitation, intra-Asia migration and decentralized governance; and Part III articulates major challenges in realizing Asian prosperity including sustainable international business and sustainable growth. The topics examined range from demographic conditions and tax reform to responsible use of natural resources in the years to come.The Asian Century, Sustainable Growth and Climate Change will appeal to academics in the fields of Asian studies and environment ecology. Both practitioners and policymakers will find this detailed analysis of the major challenges for South Asian growth an invaluable resource.Contributors: R. Chakrabarty, S.L. Chakravarty, L.-H. Chan, M. Hossain, M.I. Hossain, S. Hossain, P. Howard, R.C. Keith, M.A. Khan, M. McIntosh, V.P. Murthy, T. Sarker, V. Sharma, P. Short, C. Tisdell, Y. TjoeTable of ContentsContents: Preface Introduction Moazzem Hossain PART I: FUTURE ISSUES OF ASIA 1. Agriculture, Structural Change and Socially Responsible Development in China and Vietnam Clem Tisdell 2. Population, Poverty and Responsible Social Protection Issues of Asia Moazzem Hossain 3. Resource Constraints and Asia’s Growth: Regional Cooperation for Enhancing Energy Security Shanawez Hossain and Tapan Sarker PART II: RESPONSIBLE POLICY MATTERS 4. Taxing for the Future: An Intergenerational Perspective Tapan Sarker 5. Indian Agriculture in the Era of Global Warming Ranajit Chakrabarty and Smwarajit Lahiri Chakravarty 6. China’s Changing Public Health Paradox and the New Generation of Health NGOs Lai-Ha Chan and Ronald C. Keith 7. Towards Universal Sanitation: The Cambodian Case Paul Howard 8. Decentralization and Poverty Reduction in Indonesia: The Case of East Nusa Tenggara (NTT) Yenny Tjoe 9. Migration of Bangladeshi Workers to Malaysia: Emerging Lessons of Economic and Social Costs and Benefits at the Migrant, Migrant Household and Community Levels Munshi Israil Hossain, M. Adil Khan and Patricia Short PART III: REALIZING THE ASIAN CENTURY: THE CHALLENGES 10. Sustainable Resource Development in Asia: Challenges and Opportunities Vigya Sharma and Tapan Sarker 11. Business’s Challenge: Relating Corporate Sustainability, Strategy and Leadership Vikram P. Murthy 12. The Asian Century is the Chinese Century and the Century of Turbulence Malcolm McIntosh Index

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Book SynopsisCai Fang has led Chinese and international understanding of the links between Chinese population and economic development over the past two decades. He has defined relationships that have been centrally important to structural change in China, with immense implications for the rest of the world. This book brings together the wisdom from decades of research at the frontiers of knowledge. It is essential reading for anyone wanting to understand today's world economy.'- Ross Garnaut, University of Melbourne, Australia'Cai Fang's book, China's Economic Growth Prospects, is masterful. This is a book only he could write. Dr Cai takes decades of theory and observations on the world's experience in growth and development, explains it in fully digestible terms and then applies it in a nuanced and understandable way to the reality of what happened, and what is happening, in China. It is a book that is full of hope; it is a book fraught with warnings. It is the only book I know of that truly captures today's China.'- Scott Rozelle, Senior Fellow, Stanford University, USChina has grown rapidly since the reform initiation of the 1970s. China's Economic Growth Prospects narrates the contribution of demographic transition to recent economic growth in China, and provides suggestions for ways in which it can sustain growth over the next few decades. The expert author provides reasons for the economic slowdown since the second decade of the twenty-first century; explores the challenges facing China's long-term sustainability of growth with the disappearance of demographic dividend; and proposes policy suggestions. He concludes that, in order to avoid the middle-income trap, economic growth in China must transform from an inputs-driven pattern, to a productivity-driven pattern.Academics, researchers and students of economics and business, particularly those specialising in China, will find this book to be a useful resource. Investment bankers, journalists, politicians and policy makers will find the discussions of past experience and the future potential of the Chinese economy to be of interest.Trade Review‘Cai Fang has led Chinese and international understanding of the links between Chinese population and economic development over the past two decades. He has defined relationships that have been centrally important to structural change in China, with immense implications for the rest of the world. This book brings together the wisdom from decades of research at the frontiers of knowledge. It is essential reading for anyone wanting to understand today's world economy.’ -- Ross Garnaut, University of Melbourne, Australia‘Cai Fang's book, China's Economic Growth Prospects, is masterful. This is a book only he could write. Dr Cai takes decades of theory and observations on the world's experience in growth and development, explains it in fully digestible terms and then applies it in a nuanced and understandable way to the reality of what happened, and what is happening, in China. It is a book that is full of hope; it is a book fraught with warnings. It is the only book I know of that truly captures today's China.’ -- Scott Rozelle, Senior Fellow, Stanford University, USTable of ContentsContents: 1. At the Crossroads of Long-Term Development 2. The Development of a Dual Economy 3. The Lewis Turning Point 4. The Demographic Dividend 5. Growing Old before Getting Rich 6. The Risk of a Middle Income Trap 7. The New Engine of Economic Growth 8. Macroeconomic Policies in Transition 9. Human Capital Accumulation 10. Reducing Income Inequality 11. Labor Market Institutions and Social Protections 12. Reaping China's Reform Dividends Index

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Book SynopsisAshok ChakravartiTrade ReviewThis book represents an important next step in the new institutional economics. Using this perspective, it undertakes a thorough re-examination of the problems of development. - Barry R. Weingast, Stanford University, US Institutions, Economic Performance, and the Visible Hand is a wide ranging, well-written, and provocative contribution to the study of political and economic organization. Ashok Chakravarti advances arguments and interpretations that are both interesting and, often, controversial. Although I find myself ''arguing'' with many of them, this is one of the many virtues of the book. I recommend the book to others who have an interest in institutional economics - why it is important, where it has been, and where it is going. - Oliver E. Williamson, Nobel Laureate in Economics, University of California, Berkeley, US This is an ambitious and wide-ranging book, which seeks to overthrow the minimalist view of the role of institutions in economic systems contained in the standard economic model, and instead advocates a more active institution-building effort to promote the development of poor countries. This important contribution is to review and consolidate the themes and issues that emerge from a very large literature on the subject of institutions and economic development, and to coherently formulate hypotheses relating institutions to economic performance. This should be useful to a wide range of scholars. --- John Toye, University of Oxford, UKTable of ContentsContents: Preface 1. Introduction 2. The Neoclassical Model and its Critique 3. The Old and New Institutional Economics 4. Development Strategies and Performance: An Overview 5. Institutions and Governance: The New Empirical Evidence 6. Institutions in Economic History 7. Discontinuous Institutional Change 8. Southern Sudan: A Case Study in Discontinuous Institutional Change 9. Markets and Institutions 10. Mechanisms of Institutional Transition Appendices Bibliography Index

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Book SynopsisThis volume provides a splendid and wide-ranging collection of studies analyzing the political-economy of decentralization in Latin-America. It's a fascinating story with numerous and profound insights into how fiscal decentralization actually works in the context of a variety of fiscal institutions and in a setting with a high degree of inequality in the distribution of income and territorial disparities.'- Wallace E. Oates, University of Maryland, College Park US'The volume on Decentralization and Reform in Latin America is an important addition to the growing literature on decentralization. Some of the issues in the implementation and effectiveness of decentralization are similar all over the world, but there are issues of particular salience to Latin America, a region where decentralization reforms have come sometimes in the wake of major political reforms. This volume pays special attention to the complexity of issues (both relating to equity and efficiency) arising in the context of vertical fiscal imbalance and inter-governmental transfers, in the delivery of social services or investment spending, in the sharing of rent from natural resources among social and regional groups and in macro-fiscal stabilization. I expect the volume to receive widespread attention.'- Pranab Bhardan, University of California, Berkeley, US'Giorgio Brosio and Juan Pablo Jiménez have made a remarkable job in preparing the best comprehensive treatment of comparative decentralization experiences in Latin America. It will be essential reading for analysts of fiscal and local government issues in the region and a very useful tool for Latin Americanists in general.'- José Antonio Ocampo, Professor, Columbia University. Former Executive Secretary of the Economic Commission for Latin America and the Caribbean and Finance Minister of ColombiaDecentralisation and Reform in Latin America analyzes the process of intergovernmental reform in Latin America in the last two decades and presents a number of emerging issues. These include the impacts of decentralization and the response of countries in the region to challenge such as social cohesion, interregional and interpersonal disparities, the assignment of social and infrastructure expenditure, macrofinancial shocks, fiscal rules and the sharing of natural resources revenue. The main aim of the book is to assess the effective working of decentralized arrangements and institutions, with a view of suggesting corrections and reforms where the system is not working according to expectations.Policymakers, researchers and academics with an interest in subjects related to public policy, fiscal rules, intergovernmental relations, governance and decentralization will find this book invaluable.Contributors include: J.R. Afonso, E. Ahmad, V. Almeida, G. Arballo, G. Brosio, K. Castro, O. Cetrángolo, S. Dain, L. de Mello, A. Faveret, R. Gargarella, A. Goldschmit, J.C. Gómez Sabaini, V. Grembi, J.P. Jiménez, A. Manoel, J. Martinez-Vasquez, F. Rezende, C. Sepulveda, T. Ter-Minassian, J. VelosoTrade Review‘This volume provides a splendid and wide-ranging collection of studies analyzing the political-economy of decentralization in Latin-America. It’s a fascinating story with numerous and profound insights into how fiscal decentralization actually works in the context of a variety of fiscal institutions and in a setting with a high degree of inequality in the distribution of income and territorial disparities.’ -- Wallace E. Oates, University of Maryland, US‘The volume on Decentralization and Reform in Latin America is an important addition to the growing literature on decentralization. Some of the issues in the implementation and effectiveness of decentralization are similar all over the world, but there are issues of particular salience to Latin America, a region where decentralization reforms have come sometimes in the wake of major political reforms. This volume pays special attention to the complexity of issues (both relating to equity and efficiency) arising in the context of vertical fiscal imbalance and inter-governmental transfers, in the delivery of social services or investment spending, in the sharing of rent from natural resources among social and regional groups and in macro-fiscal stabilization. I expect the volume to receive widespread attention.’ -- Pranab Bhardan, University of California, Berkeley, US‘When it comes to fiscal decentralization in developing countries, Latin America has long led the way. In the two decades prior to the mid-1990s, some countries in the region extensively decentralized expenditures, especially social expenditures, and to a much lesser extent revenues to subnational governments. Some excesses and distortions resulted from these initial efforts and over the next decade major attempts were made to offset such problems, primarily by changing fiscal rules and transfer systems. The recent boom in natural resource revenues has again exacerbated pressure on the intergovernmental fiscal system in many countries, leading to further attempts to adjust the flow of finance between governments in order to maintain macroeconomic balance while achieving both more effective service delivery and greater social cohesion. This book, which provides both description and analysis of the rich Latin American experience, should be required reading not only for all those interested in the region but for scholars and policy-makers anywhere who are concerned with the complex and many-faceted issues associated with decentralization.’ -- Richard M. Bird, University of Toronto, Canada‘Giorgio Brosio and Juan Pablo Jiménez have made a remarkable job in preparing the best comprehensive treatment of comparative decentralization experiences in Latin America. The volume reviews all aspects of the decentralization process: its constitutional roots and its contribution to social cohesion; the provision of social services and infrastructure; taxation, sharing in natural resource revenues and the design of the intergovernmental transfers; and its macro-financial implications and associated fiscal rules. It will be essential reading for analysts of fiscal and local government issues in the region and a very useful tool for Latin Americanists in general.’ -- José Antonio Ocampo, Professor, Columbia University. Former Executive Secretary of the Economic Commission for Latin America and the Caribbean and Finance Minister of ColombiaTable of ContentsContents: Preface 1. Introduction: Approaching Recent Transformations of Intergovernmental Relations from Multiple Profiles Giorgio Brosio and Juan Pablo Jiménez 2. Federalism and Fiscal Federalism: The Emergence and Distortion of the Centro-federalist Constitutional Model in its Political and Fiscal Manifestations Roberto Gargarella and Gustavo Arballo 3. Fiscal Decentralization: Increasing Social Cohesion Among Widely Disparate Territorial Units Oscar Cetrángolo and Ariela Goldschmit 4. Reflections on Two Decades of Social-spending Decentralization José Roberto Afonso, Sulamis Dain, Vivian Almeida, Kleber Castro and Ana Cecília Faveret 5. Fiscal Decentralization and Public Investment Luiz de Mello 6. The Financing of Subnational Governments Juan Carlos Gómez Sabaini and Juan Pablo Jiménez 7. Explaining Property Tax Collections in Developing Countries: The Case of Latin America Cristian Sepulveda and Jorge Martinez-Vazquez 8. Intergovernmental Transfers in Subnational Finances Fernando Rezende and João Veloso 9. Intergovernmental Transfers: A Policy Reform Perspective Jorge Martinez-Vazquez and Cristian Sepulveda 10. The Intergovernmental Allocation of Revenue from Natural Resources: Finding a Balance between Centripetal and Centrifugal Pressure Giorgio Brosio and Juan Pablo Jiménez 11. Macroeconomic Challenges of Fiscal Decentralisation Juan Pablo Jiménez and Teresa Ter-Minassian 12. Fiscal Rules for Subnational Governments? Evidence from Latin America Veronica Grembi and Alvaro Manoel 13. Intergovernmental Reforms in Latin America, ‘Asian Transplants’ and the Role of International Agencies Ehtisham Ahmad Index

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Book SynopsisThe emergence of specialized markets has profoundly improved the means of market access, enriched the driving forces of value chains, and changed the business environment for small firms in the developing world. This ground-breaking book summarizes the experience of specialized markets in a systematic manner. Specialized markets are a unique product of China's economic transition. They are marketplaces located in industrial clusters, specializing in the wholesale of local commodities and related goods. Ding Ke reveals that, despite their seemingly primitive form, specialized markets appeared in many of the modern industrial sectors and were paradoxically upgraded and expanded as these clusters developed. He argues that specialized markets have also formed solid linkages with marketplaces in various cities in China and in other developing economies. A powerful, emerging market-oriented distribution system has thus appeared. Based on thorough fieldwork covering ten years, and using the novel theory of the platform, this book clarifies the unique development logic of specialized markets. Specialized markets have thoroughly changed the business environment for SMEs in developing countries and greatly enriched the general understanding concerning SME development. This book will prove invaluable for SME, Chinese economy and platform researchers. Management scientists and managers in multinational firms focusing on bottom-of-the-pyramid markets will also find plenty of interesting information in this enlightening compendium.Published in association with the Institute of Developing Economies, JETRO Trade ReviewDing Ke's rich accounts of specialized markets will make for stimulating reading, not only for readers in Chinese economy but also for a broad range of readers in regional planning. --The Developing EconomiesTable of ContentsContents: Introduction 1. Specialized Markets and Small Business Dynamics in China 2. Analytical Framework 3. The General Situation in the “Province of Markets” 4. Local Government and Platform Governance in Yiwu 5. The Specialized Market System in the Daily Necessities Industry: An Observation from Yiwu Market 6. Overseas Linkages of Specialized Markets 7. Producer–Distributor Relationships in Yiwu Market 8. Local Government and Inter-Platform Competition 9. The Logic of Quantitative Expansion and Qualitative Upgrading in the Market Platform Mode Cluster 10. The Typology of Apparel Clusters in China 11. Conclusion Bibliography Index

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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

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Book SynopsisThis book provides a coherent and current account of how India, Indonesia, Malaysia, Thailand, the Philippines, and the People's Republic of China coped with the Asian financial crisis of the 1990s and the recent global economic recession, and how they may address future challenges in maintaining growth in difficult times. It features a valuable overview of issues from a regional perspective, five chapters on general elements and obstacles in development, and individual chapters on the experience of each of the six countries. Every chapter is replete with relevant institutional and statistical data. The volume fills a void in the literature and is highly recommended for graduate students and for economists concerned with contemporary Asia.'- Peter Drake, The University of New England and Australian Catholic University, Australia'To understand what makes Asia tick in the face of continuing global uncertainty and instability one has to go beyond numbers into the region's psyche and idiosyncrasies. This volume provides an interestingly intrusive and refreshingly insightful analysis of a highly complex phenomenon that defies generalizations as shown by the diversity of individual country experiences.'- Mohamed Ariff, International Centre for Education in Islamic Finance (INCEIF), MalaysiaThe center of global economic activity is shifting rapidly towards Asia, driven by a combination of the economic dynamism of the People's Republic of China, India, and other middle-income Asian countries, and sluggish growth in the OECD economies. The rapid growth and rising global prominence have raised a range of major challenges for Asia and for the rest of the world. This comprehensive, forward-looking book examines these issues through in-depth studies of major Asian economies and an analysis of the key development policy options.The contributors, leading international authorities in their field, explore cross-cutting thematic issues with special reference to developing Asia. They address a broad range of subjects including: investment and productivity, savings and the savings-investment relationship, financial development, the provision of infrastructure, and governance and institutions. Detailed country studies focusing on the People's Republic of China, India, Indonesia, Malaysia, the Philippines, and Thailand not only provide an analytical narrative for each case study, but also draw attention to the similarities and diversity within the region.This challenging and thought-provoking book will prove an important point of reference for scholars, researchers, and students in the fields of economics, development economics, and Asian studies.Trade Review‘This book provides a coherent and current account of how India, Indonesia, Malaysia, Thailand, the Philippines, and the People’s Republic of China coped with the Asian financial crisis of the 1990s and the recent global economic recession, and how they may address future challenges in maintaining growth in difficult times. It features a valuable overview of issues from a regional perspective, five chapters on general elements and obstacles in development, and individual chapters on the experience of each of the six countries. Every chapter is replete with relevant institutional and statistical data. The volume fills a void in the literature and is highly recommended for graduate students and for economists concerned with contemporary Asia.’ -- Peter Drake, The University of New England and Australian Catholic University, Australia‘To understand what makes Asia tick in the face of continuing global uncertainty and instability one has to go beyond numbers into the region’s psyche and idiosyncrasies. This volume provides an interestingly intrusive and refreshingly insightful analysis of a highly complex phenomenon that defies generalizations as shown by the diversity of individual country experiences.’ -- Mohamed Ariff, International Centre for Education in Islamic Finance (INCEIF), MalaysiaTable of ContentsContents: Foreword Changyong Rhee Preface PART I: OVERVIEW 1. Perspectives and Issues Hal Hill and Maria Socorro Gochoco-Bautista PART II: ASIAN DEVELOPMENT CHALLENGES 2. Institutions and Governance Emmanuel S. de Dios and Geoffrey M. Ducanes 3. Infrastructure Douglas H. Brooks and Eugenia C. Go 4. Productivity and Capital Accumulation Kyoji Fukao 5. Savings and Investment Charles Yuji Horioka and Akiko Terada-Hagiwara 6. Finance Shin-ichi Fukuda 7. Investment Treaties: ASEAN Diane A. Desierto PART III: COUNTRY STUDIES 8. Malaysia Tham Siew Yean 9. Indonesia Ari Kuncoro 10. India Rajendra R. Vaidya 11. People’s Republic of China Siow Yue Chia 12. Thailand Bhanupong Nidhiprabha 13. Philippines Desiree A. Desierto and Geoffrey M. Ducanes Index

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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

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Book SynopsisThis fascinating book examines the World Bank's capacity for change, illustrating the influence of overlapping political, organizational and epistemic constraints. Through comprehensive historical and economic analysis, Peter J. Hammer illuminates the difficulties faced by recent attempts at reform and demonstrates the ways in which the training and socialization of Bank economists work to define the policy space available for meaningful change.The author examines the patterns of change and continuity at the World Bank during the presidencies of James Wolfensohn (1995-2005), Paul Wolfowitz (2005-2007) and Robert Zoellick (2007-2012) and discusses the role that various Chief Economists have played in the evolution of the Bank's research activities. His analysis of Bank reforms - both successful and unsuccessful - demonstrates how neoclassical economics sets the Bank s research and development agendas and limits reform possibilities derived from different academic traditions.This clear and balanced account is an important case study in the role that epistemic constraints can play in the formation of public policy, with implications for both the World Bank and other international organizations. Students, professors and researchers with an interest in economic development, institutional economics and policy studies will find it an invaluable resource, as will government officials and practitioners working in international development. Contents: Preface - An Economic Pilgrimage 1. The World Bank and Wolfensohn Era Reforms 2. The ABCs of the World Bank 3. A Framework for Modeling Bank Behavior 4. The Dynamics of Epistemic Economic Change 5. Application to Debt Relief, Participation and Knowledge 6. Application to Social Capital 7. Application to Institutional Economics 8. Redefining Bank Research within the Epistemic Constraints of Economics 9. Bank Evolution since Wolfensohn 10. The Future of Development IndexTable of ContentsContents: Preface – An Economic Pilgrimage 1. The World Bank and Wolfensohn Era Reforms 2. The ABCs of the World Bank 3. A Framework for Modeling Bank Behavior 4. The Dynamics of Epistemic Economic Change 5. Application to Debt Relief, Participation and Knowledge 6. Application to Social Capital 7. Application to Institutional Economics 8. Redefining Bank Research within the Epistemic Constraints of Economics 9. Bank Evolution since Wolfensohn 10. The Future of Development Index

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Book SynopsisThis is an original and very well structured and informative book. Its particular interest stems from the multidimensional and detailed analysis of a set of core technologies and their uneven diffusion process in eight countries of quite different levels of development. It challenges received ideas about what really matters to democratize the access to new technologies and provides evidence-based suggestions for policy design. Scholars and students interested in the technological side of inequality will read this book with delight.'- Judith Sutz, Universidad de la República, UruguayInequality is one of the main features of globalization. Do emerging technologies, as they spread around the world, contribute to more inequality or less? This unique interdisciplinary text examines the relationships between emerging technologies and social, economic and other forms of inequality.Susan Cozzens, Dhanaraj Thakur, and the other co-authors ask how the benefits and costs of emerging technologies are distributed amongst different countries - some rich and some poor. Examining the case studies of five technologies across eight countries in Africa, Europe and the Americas, the book finds that the distributional dynamics around a given technology are influenced by the way entrepreneurs and others package the technology, how governments promote it and the existing local skills and capacity to use it. These factors create social and economic boundaries where the technology stops diffusing between and within countries. The book presents a series of recommendations for policy-makers and private sector actors to move emerging technologies beyond these boundaries and improve their distributional outcomes.Offering a broad range of mature and relatively new emerging technologies from a diverse set of countries, the study will strongly appeal to policy-makers in science, technology and innovation policy. It will also benefit students and academics interested in innovation, science, technology and innovation policy, the economics of innovation, as well as the history and sociology of technology.Contributors: B. Beckert, I. Bortagaray, L. Brito, R. Brouwer, S. Cozzens, M.P.Falcão, S.D. Gatchair, J.A. Holbrook, L.A. Pace, D. ThakurTrade Review‘Public Policy expert Susan Cozzens and political scientist Dhanarj Thakur examine the relationship between emerging technologies and inequality in this edited work, while reporting the results of comparative case studies tracing the costs and benefits of recombinant insulin, genetically modified corn, mobile phones, open-source software, and plant tissue culture on the economic well-being of eight nations across three continents. . . . Innovation and Inequality: Emerging Technologies in an Unequal World contributes worthwhile information to a growing field of study.’ -- Samuel B. Hoff, International Social Science Review'. . . this book is improving the lexicon of innovation so that policymakers and scholars alike begin to speak, the think, and to study this process with greater sensibility towards its distributive impacts.' -- Walter D. Valdivia, TechTank‘This is an original and very well structured and informative book. Its particular interest stems from the multidimensional and detailed analysis of a set of core technologies and their uneven diffusion process in eight countries of quite different levels of development. It challenges received ideas about what really matters to democratize the access to new technologies and provides evidence-based suggestions for policy design. Scholars and students interested in the technological side of inequality will read this book with delight.’ -- Judith Sutz, Universidad de la República, Uruguay‘This book will be valuable to scholars, students, and policymakers concerned with maximizing the benefits of new technologies and extending their distributional boundaries to reduce inequality.’ -- Eric Anderson, Science & Public PolicyTable of ContentsContents: Innovation and Inequality: Emerging Technologies in an Unequal World PART I: INTRODUCTIONS 1. Problem and Concepts Susan Cozzens and Dhanaraj Thakur 2. An Introduction to the Case Study Countries Dhanaraj Thakur and Susan Cozzens PART II: TECHNOLOGIES 3. Uneven Publics: Life, Death, and Recombinant Insulin Sonia D. Gatchair, Isabel Bortagaray, Lidia Brito and Roland Brouwer 4. Strong Champions, Strong Regulations: The Unexpected Boundaries of Genetically Modified Corn Sonia D. Gatchair, Isabel Bortagaray and Lisa A. Pace 5. Chain of Champions: Global Inequalities and Mobile Phones Dhanaraj Thakur, Bernd Beckert, Isabel Bortagaray, Roland Brouwer and Lídia Brito 6. Turning Technology on its Head: The Distributional Dynamics of Open-Source Software Dhanaraj Thakur, Bernd Beckert, Isabel Bortagaray, Roland Brouwer, Mário P. Falcão and Lídia Brito 7. Open Source Biotechnology: Plant Tissue Culture and the Growth of Opportunity Isabel Bortagaray, Lídia Brito, Roland Brouwer, Susan Cozzens, Mario P. Falcão and Sonia D. Gatchair PART III: COUNTRIES 8. Emerging Technologies in Argentina: Access and Distributional Consequences Isabel Bortagaray 9. Emerging Technologies and Low Inequality: Policy Implications for Canada Dhanaraj Thakur and J. Adam Holbrook 10. Distributive Paths of Emerging Technologies in Costa Rica Isabel Bortagaray 11. Policy Options for an Equitable Distribution of Technological Benefits in Jamaica Sonia D. Gatchair 12. Distributional Effects of Emerging Technologies in Germany: Analysis Based on Two Case Studies Bernd Beckert 13. The Diffusion of Emerging Technologies in a Micro-Economy: Implications for Malta Lisa A. Pace 14. Policies for Technological Innovation with Equity: The Case of Mozambique Roland Brouwer and Lídia Brito 15. Earning Less and Buying More: Emerging Technologies and United States Society Susan Cozzens PART IV: LESSONS LEARNED 16. Discussion and Conclusions Susan Cozzens and Dhanaraj Thakur Index

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Book SynopsisThis comprehensive two-volume collection brings together seminal contributions by leading scholars on institutions and governance in developing countries. Volume one analyses key theoretical perspectives on institutions and the empirical evidence of the role of institutions in economic development. Volume two further explores the literature, with important contributions in governance, the historical evidence on why institutions matter, formal and informal institutions and the key policy issues that originate from the literature.Along with a new and original introduction, this essential collection is an indispensable tool for scholars and practitioners alike.Trade Review‘In the last two decades, institutions became forcefully rooted in the mainstream of economic research. Professor Sen’s excellent and timely collection brings together major contributions to this literature (and process). It conveniently allows us to revisit these ideas. This is a must-have volume to any economist interested in institutions and development.’ -- Nauro F. Campos, Brunel University, UKTable of ContentsContents: Volume I Acknowledgements Introduction Kunal Sen PART I THEORETICAL PERSPECTIVES ON INSTITUTIONS A. Early Perspectives 1. Douglass C. North (1990), ‘Institutions’ 2. Oliver E. Williamson (2000), ‘The New Institutional Economics: Taking Stock, Looking Ahead’ 3. Elinor Ostrom (1986), ‘An Agenda for the Study of Institutions’ B. Recent Perspectives 4. Daron Acemoglu and James A. Robinson (2008), ‘Persistence of Power, Elites, and Institutions’ 5. Masahiko Aoki (2007), ‘Endogenizing Institutions and Institutional Change’ 6. Adam Przeworski (2004), ‘Institutions Matter’ 7. Simeon Djankov, Edward Glaeser, Rafael La Porta, Florencio Lopez-de-Silanes and Andrei Shleifer (2003), ‘The New Comparative Economics’ C. Critiques and Alternatives 8. Ha-Joon Chang (2002), ‘Breaking the Mould: An Institutionalist Political Economy Alternative to the Neo-Liberal Theory of the Market and the State’ 9. Geoffrey M. Hodgson (2006), ‘What are Institutions?’ 10. Pranab Bardhan (2005), ‘Institutions Matter, But Which Ones?’ PART II Empirical Evidence on the Role of Institutions in Economic Development 11. Daron Acemoglu, Simon Johnson and James A. Robinson (2002), ‘Reversal of Fortune: Geography and Institutions in the Making of the Modern World Income Distribution’ 12. Edward L. Glaser, Rafael La Porta, Florencio Lopez-De-Silanes and Andrei Shleifer (2004), ‘Do Institutions Cause Growth?’ 13. Robert Hall and Charles I. Jones (1999), ‘Why do Some Countries Produce so Much Output Per Worker than Others’ 14. Stephen Knack and Philip Keefer (1995), ‘Institutions and Economic Performance: Cross-Country Tests Using Alternative Institutional Measures’ 15. Dani Rodrik, Arvind Subramanian and Francesco Trebbi (2004), ‘Institutions Rule: The Primacy of Institutions over Geography and Integration in Economic Development’ 16. Janine Aron (2000), ‘Growth and Institutions: A Review of the Evidence’ 17. Alberto Chong and César Calderón (2000), ‘Institutional Quality and Poverty Measures in a Cross-Section of Countries’ 18. Jean-Phillippe Platteau (2009), ‘Institutional Obstacles to African Economic Development: State, Ethnicity, and Custom’ PART III HISTORICAL PERSPECTIVES 19. Daron Acemoglu, Simon Johnson and James Robinson (2005), ‘The Rise of Europe: Atlantic Trade, Institutional Change, and Economic Growth’ 20. Abhijit Banerjee and Lakshmi Iyer (2005), ‘History, Institutions and Economic Performance: The Legacy of Colonial Land Tenure Systems in India’ 21. Edward L. Glaeser and Andrei Shleifer (2002), ‘Legal Origins’ 22. Thorsten Beck, Asli Demirgiiç-Kunt and Ross Levine (2003), ‘Law and Finance: Why Does Legal Origin Matter?’ 23. Kenneth L. Sokoloff and Stanley L. Engerman (2000), ‘History Lessons: Institutions, Factor Endownments, and Paths of Development in the New World’ Volume II Acknowledgements Introduction by editor to appear in volume I PART I GOVERNANCE 1. Peter Evans (2004), ‘Development as Institutional Change: The Pitfalls of Monocropping and the Potentials of Deliberation’ 2. Merilee S. Grindle (2004), ‘Good Enough Governance: Poverty Reduction and Reform in Developing Countries’ 3. Daniel Kaufman, Aart Kraay and Massimo Mastruzzi (2004), ‘Governance Matters III: Governance Indicators for 1996, 1998, 2000 and 2002’ 4. David Booth (2011), ‘Aid, Institutions and Governance: What Have we Learnt?’ 5. Mushtaq H. Khan (2005), ‘Markets, States and Democracy: Patron-client Networks and the Case for Democracy in Developing Countries’ 6. Avinash Dixit (2009), ‘Governance Institutions and Economic Activity’ PART II FORMAL INSTITUTIONS 7. Timothy Besley (1995), ‘Property Rights and Investment Incentives: Theory and Evidence from Ghana’ 8. Timothy Besley and Robin Burgess (2004), ‘Can Labor Regulation Hinder Economic Performance? Evidence From India’ 9. Kunal Sen and Dirk Willem Te Vedle (2009), ‘State Business Relations and Economic Growth in Sub-Saharan Africa’ 10. Simeon Djankov, Rafael La Porta, Florencio Lopez de Silanes and Andrei Shleifer (2002), ‘The Regulation of Entry’ 11. Simeon Djankov, Rafael La Porta, Florencio Lopez de Silanes and Andrei Shleifer (2003), ‘Courts’ PART III INFORMAL INSTITUTIONS 12. Avner Grief (1993), ‘Contract Enforceability and Economic Institutions in Early Trade: The Maghribi Traders’ Coalition’ 13. Simon Johnson, John McMillan and Christopher Woodruff (2002), ‘Courts and Relational Contracts’ 14. Liesbet Steer and Kunal Sen (2010), ‘Formal and Informal Institutions in a Transition Economy: The Case of Vietnam’ 15. Marcel Fafchamps and Bart Minten (2001), ‘Property Rights in a Flea Market Economy’ PART IV POLICY ISSUES 16. William Easterly (2008), ‘Institutions: Top Down or Bottom Up?’ 17. Dani Rodrik (2008), ‘Second-Best Institutions’ 18. Raghuram Rajan and Arvind Subramanian (2007), ‘Does Aid Affect Governance?’ 19. Nancy Birdsall (2007), ‘Do No Harm: Aid, Weak Institutions and the Missing Middle in Africa’ 20. Ha-Joon Chang (2011), ‘Institutions and Economic Development: Theory, Policy and History’

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Book SynopsisBy providing the real-world examples and lessons, the book will guide policy-makers and experts in their efforts in exploring and applying these pathways and tools in the larger context of development policies of nations and the pursuit of a sustainable century.'- From the foreword by Achim Steiner United Nations Under-Secretary-General and Executive Director, United Nations Environment ProgrammeUsing a selection of authoritative and original contributions, this timely book explores the uncertainty surrounding the impact of decisions undertaken to manage ecosystem services worldwide.Invariably, the policies designed and implemented to manage forests, wetlands, and marine and coastal environments often involve conflicts of interest between various stakeholders. This has added an additional layer of complexity in the context of developing countries where institutions and governance are weak or absent. Economic valuation and the subsequent design of innovative response tools such as payment for ecosystem services (PES) have the potential to offer far greater transparency. In the case of LDCs, the identification of suitable institutions for executing these tools is also of vital importance.With a strong policy focus, the contributors synthesize the scientific approaches to PES, valuation, trade-offs, equity and the institutional requirements to operationalize a credible concept of economic value. The book also addresses the behavioral foundations of creating the incentive design and response policies for ecosystem management.This book will prove helpful to ecosystems management researchers and postgraduate students of conservation and development. Conservation managers, decision makers and development practitioners will also find this resource both interesting and beneficial to their work.Contributors: R. Arriagada, I. Bateman, J. Blignaut, A.G. Drucker, A.K. Duraiappah, T. Elmqvist, B. Fisher, J.M. Gowdy, K. Hylander, J. Krishnaswamy, P. Kumar, R. Muradian, U. Narloch, I. Parker, U. Pascual, N. Pazmino, C. Perrings, L.C. Rodriguez, A. Salman, I. Thiaw, R.K. Turner, M. Tuvendal, S. WhittenTrade Review‘By providing the real-world examples and lessons, the book will guide policy-makers and experts in their efforts in exploring and applying these pathways and tools in the larger context of development policies of nations and the pursuit of a sustainable century.’ -- From the foreword by Achim Steiner United Nations Under-Secretary-General and Executive Director, United Nations Environment ProgrammeTable of ContentsContents: Foreword Achim Steiner Preface 1. Values, Payments and Institutions for Ecosystem Management: A Developing Country Perspective Pushpam Kumar and Ibrahim Thiaw 2. Making Payments for Ecosystem Services Work Rodrigo Arriagada and Charles Perrings 3. Valuing Ecosystem Services: Benefits, Values, Space and Time Brendan Fisher, Ian Bateman and R. Kerry Turner 4. Managing Trade-offs in Ecosystem Services Thomas Elmqvist, Magnus Tuvendal, Jagdish Krishnaswamy and Kristoffer Hylander 5. Revisiting the Relationship between Equity and Efficiency in Payments for Ecosystem Services Unai Pascual, Roldan Muradian, Luis C. Rodriguez and Anantha K. Duraiappah 6. Are the Amounts of Payments for Environmental Services Enough to Contribute to Poverty Alleviation Efforts in Developing Countries? Luis C. Rodriguez, Unai Pascual and Roldan Muradian 7. Unifying Environmental and Social Protection: Learning from PES and CCT in Developing Countries Luis C. Rodriguez, Unai Pascual, Roldan Muradian, Nathalie Pazmino and Stuart Whitten 8. Exploring the Potential of Payments for Ecosystem Services for in-situ Agrobiodiversity Conservation Ulf Narloch, Adam G. Drucker and Unai Pascual 9. Paying for International Environmental Public Goods Rodrigo Arriagada and Charles Perrings 10. Institution and Ecosystem Functions: The Case of Keti Bunder, Pakistan John M. Gowdy and Aneel Salman 11. How Ecosystem-based Restoration Can Yield a Double Dividend of Adaptation to Climate Change and Enhancement of Ecosystem Services James Blignaut 12. The Ethical Foundations of Cultural Diversity in Ecosystems and their Role in Economic Valuation Ian Parker 13. Lessons Learned and Conclusions Pushpam Kumar Index

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Book SynopsisState Capitalism offers an illuminating guide to the debate about contemporary state capitalism: does it simply use different tools from other variants of capitalism, or is it an altogether new kind of economic regime? Barbara Krug, a leading expert in this field, sets out to define the concept of contemporary state capitalism as an economic model and presents a nuanced view of state capitalism in action. She points the way to new areas for further study and analysis.Table of ContentsVolume I Contents: Acknowledgements Introduction Barbara Krug PART I STATE CAPITALISM AND ECONOMIC REGIMES: DEBATES AND APPROACHES A The Beginning of the Debate 1. Ian Bremmer (2009), ‘State Capitalism Comes of Age: The End of the Free Market?’ 2. Henrique Schneider (2012), ‘State-capitalism and Globalization – A Challenge to Whom?’ 3. Paul Dragos Aligica and Vlad Tarko (2012), ‘State Capitalism and the Rent-seeking Conjecture’ B State Capitalism in Earlier Studies 4. Alex Dupuy and Barry Truchil (1979), ‘Problems in the Theory of State Capitalism’ 5. James Petras (1977), ‘State Capitalism and the Third World’ 6. Theda Skocpol and Kenneth Finegold (1982), ‘State Capacity and Economic Intervention in the Early New Deal’ 7. Ben Turok (1980), ‘Zambia’s System of State Capitalism’ 8. Markus Jäntti, Juho Saari and Juhana Vartiainen (2006), ‘Growth and Equity in Finland’ 9. Karen Farsoun (1975), ‘State Capitalism in Algeria’ C Political Science Approaches 10. Larry Diamond (2002), ‘Thinking about Hybrid Regimes’ 11. Raymond D. Duvall and John R. Freeman (1981), ‘The State and Dependent Capitalism’ 12. Beatriz Magaloni (2008), ‘Credible Power-Sharing and the Longevity of Authoritarian Rule’ 13. Andrew J. Nathan (2003), ‘Authoritarian Resilience’ D New Institutional Economics 14. Douglass C. North (1991), ‘Institutions’ 15. Douglass C. North (1993), ‘The New Institutional Economics and Development’ 16. Oliver E. Williamson (1991), ‘Economic Institutions: Spontaneous and Intentional Governance’ 17. Victor Nee (2000), ‘The Role of the State in Making a Market Economy’ 18. Andrei Shleifer and Robert W. Vishny (1994), ‘The Politics of Market Socialism’ E Varieties of Capitalism 19. Peter A. Hall and Daniel W. Gingerich (2009), ‘Varieties of Capitalism and Institutional Complementarities in the Political Economy: An Empirical Analysis’ 20. Colin Crouch (2005), ‘Models of Capitalism’ 21. Richard Whitley (2007), ‘The Contingent Nature of National Business Systems: Types of States and Complementary Institutions’ 22. Bruno Amable (2000), ‘Institutional Complementarity and Diversity of Social Systems of Innovation and Production’ PART II DIFFERENCES IN STATE CAPITALISM: THE ROLE OF THE STATE IN THE ASIAN BUSINESS SYSTEM 23. Michael Carney, Eric Gedajlovic and Xiaohua Yang (2009), ‘Varieties of Asian Capitalism: Toward an Institutional Theory of Asian Enterprise’ 24. Gary G. Hamilton and Nicole Woolsey Biggart (1988), ‘Market, Culture, and Authority: A Comparative Analysis of Management and Organization in the Far East’ 25. John Shuhe Li (2003), ‘Relation-based versus Rule-based Governance: An Explanation of the East Asian Miracle and Asian Crisis’ 26. Paul W. Kuznets (1988), ‘An East Asian Model of Economic Development: Japan, Taiwan, and South Korea’ 27. Robert Wade (1993), ‘Managing Trade: Taiwan and South Korea as Challenges to Economics and Political Science’ 28. Chung H. Lee (1992), ‘The Government, Financial System, and Large Private Enterprises in the Economic Development of South Korea’ 29. W.G. Huff (1995), ‘The Developmental State, Government, and Singapore’s Economic Development since 1960’ 30. Natasha Hamilton-Hart (2000), ‘The Singapore State Revisited’ 31. Masahiko Aoki (2013), ‘Historical Sources of Institutional Trajectories in Economic Development: China, Japan and Korea Compared’ Index Volume II Contents: Acknowledgements An introduction to both volumes by the editor appears in Volume I PART I DIFFERENCES IN STATE CAPITALISM: THE ROLE OF THE STATE IN TRANSITION ECONOMIES 1. Gérard Roland (2002), ‘The Political Economy of Transition’ 2. Timothy Frye and Andrei Shleifer (1997), ‘The Invisible Hand and the Grabbing Hand’ 3. David Lipton and Jeffrey Sachs (1990), ‘Creating a Market Economy in Eastern Europe: The Case of Poland’ 4. Richard Whitley and Laszlo Czaban (1998), ‘Institutional Transformation and Enterprise Change in an Emergent Capitalist Economy: The Case of Hungary’ PART II DIFFERENCES IN STATE CAPITALISM: THE ROLE OF THE STATE IN RENTIER STATES 5. Jonathan Isham, Michael Woolcock, Lant Pritchett and Gwen Busby (2005), ‘The Varieties of Resource Experience: Natural Resource Export Structures and the Political Economy of Economic Growth’ 6. Matthew Gray (2011), ‘A Theory of “Late Rentierism” in the Arab States of the Gulf’ 7. Rolf Schwarz (2008), ‘The Political Economy of State-Formation in the Arab Middle East: Rentier States, Economic Reform, and Democratization’ 8. H. Mahdavy (1970), ‘The Patterns and Problems of Economic Development in Rentier States: The Case of Iran’ 9. Ümit Cizre-Sakallhoglu and Erinç Yeldan (2000), ‘Politics, Society and Financial Liberalization: Turkey in the 1990s’ 10. Roy Karadag (2010), ‘Neoliberal Restructuring in Turkey: From State to Oligarchic Capitalism’ PART III DIFFERENCES IN STATE CAPITALISM: SELF-ORGANIZATION AND PRIVATE ACTION A Capitalism from Below 11. Victor Nee and Sonja Opper (2012), ‘Entrepreneurs and Institutional Innovation’ 12. Simon Johnson, Daniel Kaufmann and Andrei Shleifer (1997), ‘The Unofficial Economy in Transition’ 13. Michael L. Katz and Carl Shapiro (1994), ‘Systems Competition and Network Effects’ 14. Barbara Krug and Hans Hendrischke (2012), ‘Market Design in Chinese Market Places’ 15. Barbara Krug (2012), ‘Political Embeddedness in China: Strengths and Limitations’ B Rent-seeking 16. Joel S. Hellmann, Geraint Jones and Daniel Kaufmann (2003), ‘Seize the State, Seize the Day: State Capture and Influence in Transition Economies’ 17. Joel S. Hellmann (1998), ‘Winners Take All: The Politics of Partial Reform in Postcommunist Transitions’ C Elite Studies 18. Andrew G. Walder (2003), ‘Elite Opportunity in Transitional Economies’ 19. Nan Lin (2011), ‘Capitalism in China: A Centrally Managed Capitalism (CMC) and Its Future’ 20. Heinrich Best (2005), ‘Stabilizing Democracy in Eastern Europe under the Condition of Highly Volatile Political Elites’ 21. David Stark (1996), ‘Recombinant Property in East European Capitalism’ D Firms and Politics 22. Asim Ijaz Khwaja and Atif Mian (2005), ‘Do Lenders Favor Politically Connected Firms? Rent Provision in an Emerging Financial Market’ 23. Mike W. Peng (2003), ‘Institutional Transitions and Strategic Choices’ 24. Jay Pil Choi and Marcel Thum (2009), ‘The Economics of Politically-connected Firms’ 25. Mara Faccio (2006), ‘Politically Connected Firms’ 26. Andrei Shleifer and Robert W. Vishny (1994), ‘Politicians and Firms’ 27. Robert E. Hoskisson, Mike Wright, Igor Filatotchev and Mike W. Peng (2013), ‘Emerging Multinationals from Mid-Range Economies: The Influence of Institutions and Factor Markets’ 28. John Child and Suzana B. Rodrigues (2011), ‘How Organizations Engage with External Complexity: A Political Action Perspective’ Index

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Book SynopsisThis two-volume set provides fundamental analyses of the relations between cultural variables and economic performance. It encompasses indispensable contributions by economists and other influential social scientists in this growing interdisciplinary area. The classic and more recent articles in the first volume cover the effects of values and religion on economic performance, the importance of social capital and trust for economic and political outcomes, and the connections between culture, institutions and development. The second volume includes recent theoretical and empirical economic analyses, focusing on the intergenerational transmission of historical and cultural traits and their effects on macroeconomic and microeconomic outcomes.With an original introduction by the editor, the volumes will prove an essential tool for researchers, scholars and practitioners interested in the deep roots of economic outcomes and development.Trade Review‘This book provides a useful collection of 42 papers, mostly empirical, that highlight different channels through which culture affects economic growth. This collection, which includes studies from the disciplines of sociology and economics, focuses on recent work from the last two decades, but includes also important papers in the topic from the last century. . . . those who read the book will find it very useful for understanding the economic mechanisms that are translated from culture to economic prosperity nowadays.’ -- Assaf Sarid, Journal of Regional ScienceTable of ContentsVOLUME I Contents Acknowledgements Introduction Enrico Spolaore PART I RELIGION, VALUES AND ECONOMIC PERFORMANCE 1. Max Weber ([1930] 2005), ‘The Spirit of Capitalism’ 2. Max Weber ([1930] 2005), ‘Ascetism and The Spirit of Capitalism’ 3. David Landes (2000), ‘Culture Makes Almost All the Difference’ 4. Sascha O. Becker and Ludger Woessmann (2009), ‘Was Weber Wrong? A Human Capital Theory of Protestant Economic History’ 5. Maristella Botticini and Zvi Eckstein (2005), ‘Jewish Occupational Selection: Education, Restrictions or Minorities?’ 6. Ronald Inglehart and Wayne E. Baker (2000), ‘Modernization, Cultural Change, and the Persistence of Traditional Values’ 7. Robert J. Barro and Rachel M. McCleary (2003), ‘Religion and Economic Growth across Countries’ 8. Luigi Guiso, Paolo Sapienza and Luigi Zingales (2003), ‘People’s Opium? Religion and Economic Attitudes’ PART II SOCIAL CAPITAL, TRUST AND DEVELOPMENT 9. Edward C. Banfield (1958), ‘A Predictive Hypothesis’ 10. Glenn C. Loury (1977), ‘A Dynamic Theory of Racial Income Differences’ 11. James S. Coleman (1988), ‘Social Capital in the Creation of Human Capital’ 12. Robert D. Putnam with Robert Leonardi and Raffaella Y. Nanetti (1993), ‘Social Capital and Institutional Success’ 13. Stephen Knack and Philip Keefer (1997), ‘Does Social Capital Have an Economic Payoff? A Cross-Country Investigation’ 14. Luigi Guiso, Paola Sapienza and Luigi Zingales (2004), ‘The Role of Social Capital in Financial Development’ 15. Yann Algan and Pierre Cahuc (2010), ‘Inherited Trust and Growth’ 16. Philippe Aghion, Yann Algan, Pierre Cahuc and Andrei Shleifer (2010), ‘Regulation and Distrust’ 17. Nathan Nunn and Leonard Wantchekon (2011), ‘The Slave Trade and the Origins of Mistrust in Africa’ PART III CULTURE, INSTITUTIONS AND DEVELOPMENT 18. Douglass C. North (1990), ‘Informal Constraints’, 19. Gérard Roland (2004), ‘Understanding Institutional Change: Fast-Moving and Slow-Moving Institutions’ 20. Avner Greif (1994), ‘Cultural Beliefs and the Organization of Society: A Historical and Theoretical Reflection on Collectivist and Individualist Societies’ 21. Avner Greif and Guido Tabellini (2010), ‘Cultural and Institutional Bifurcation: China and Europe Compared’ 22. Guido Tabellini (2008), ‘Institutions and Culture’ 23. Amir N. Licht, Chanan Goldschmidt and Shalom H. Schwartz (2007), ‘Culture Rules: The Foundations of the Rule of Law and Other Norms of Governance’ 24. Joel Mokyr (2005), ‘The Intellectual Origins of Modern Economic Growth’ VOLUME II Contents Acknowledgements An introduction by the editor to both volumes appears in Volume I PART I HISTORY OF POPULATIONS, PERSISTENCE, INNOVATION AND LONG-RUN DETERMINANTS OF ECONOMIC GROWTH 1. Enrico Spolaore and Romain Wacziarg (2013), ‘How Deep are the Roots of Economic Development?’ 2. Louis Putterman and David N. Weil (2010), ‘Post-1500 Population Flows and the Long-Run Determinants of Economic Growth and Inequality’ 3. Diego Comin, William Easterly and Erick Gong (2010), ‘Was the Wealth of Nations Determined in 1000 BC?’ 4. Enrico Spolaore and Romain Wacziarg (2009), ‘The Diffusion of Development’ 5. Klaus Desmet, Ignacio Ortuño-Ortín and Romain Wacziarg (2012), ‘The Political Economy of Linguistic Cleavages’ PART II ECONOMIC MODELS OF INTERGENERATIONAL TRANSMISSION AND THE EVOLUTION OF PREFERENCES AND CULTURAL TRAITS 6. Alberto Bisin and Thierry Verdier (2000), ‘“Beyond the Melting Pot”: Cultural Transmission, Marriage, and the Evolution of Ethnic and Religious Traits’ 7. Alberto Bisin and Thierry Verdier (2001), ‘The Economics of Cultural Transmission and the Dynamics of Preferences’ 8. Oded Galor and Omer Moav (2002), ‘Natural Selection and the Origin of Economic Growth’ 9. Matthias Doepke and Fabrizio Zilibotti (2008), ‘Occupational Choice and the Spirit of Capitalism’ 10. Guido Tabellini (2008), ‘The Scope of Cooperation: Values and Incentives’ 11. Oded Galor and Stelios Michalopoulos (2012), ‘Evolution and the Growth Process: Natural Selection of Entrepreneurial Traits’ PART III CULTURAL DIFFERENCES AND MICROECONOMIC BEHAVIOR 12. Joseph Henrich, Robert Boyd, Sam Bowles, Colin Camerer, Ernst Fehr, Herbert Gintis and Richard McElreath (2001), ‘In Search of Homo Economicus: Behavioral Experiments in 15 Small-Scale Societies’ 13. Raymond Fisman and Edward Miguel (2007), ‘Corruption, Norms, and Legal Enforcement: Evidence from Diplomatic Parking Tickets’ 14. Raquel Fernández and Alessandra Fogli (2009), ‘Culture: An Empirical Investigation of Beliefs, Work and Fertility’ 15. Alberto Alesina and Paola Giuliano (2010), ‘The Power of the Family’ PART IV CULTURAL BARRIERS TO EXCHANGE AND DEVELOPMENT 16. Luigi Guiso, Paola Sapienza and Luigi Zingales (2009), ‘Cultural Biases in Economic Exchange?’ 17. Gabriel J. Felbermayr and Farid Toubal (2010), ‘Cultural Proximity and Trade’ 18. Enrico Spolaore and Romain Wacziarg (2012), ‘Long-Term Barriers to the International Diffusion of Innovations’

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Book SynopsisThis book addresses the prospects and challenges concerning both soft and hard infrastructure development in Asia and provides a framework for achieving Asian connectivity through regional infrastructure cooperation towards a seamless Asia. Key topics included are: - demand estimates of national and regional infrastructure in transport, electricity, information and communication technology, and water and sanitation; - empirical results on the costs and benefits of regional infrastructure for economies and households; - the impact of infrastructure development on the environment and climate; - sources and instruments of infrastructure financing; - best practices and lessons learned from the experiences of the Asian region and other regions; and - experiences of public-private partnership projects. This insightful book will serve as a definitive knowledge product for policymakers, academics, private sector experts and infrastructure practitioners interested in the regional and national infrastructure demand, investment and benefits in the region. Concerned officials from private and public sectors, and other experts involved in environmental and natural resources studies will also find this compendium invaluable. Contributors: R. Adhikari, N. Banik, B.N. Bhattacharyay, H. Dick, M. Fujimura, K.-C. Fung, A. Garcia-Herrero, J. Gilbert, T. Hertel, M. Kawai, R.M. Nag, F. Ng, J. Nunez-Ferrer, P.J. Rimmer, S. Stone, A. Strutt, W. van der Geest, F. Zhai, Z. ZhangTrade Review'This prescriptive, highly fact-intensive, forward-looking and econometrically strong yet policy-oriented book is an important addition to the literature on trade infrastructure, economic integration and trade policy in Asia. Thus, it will benefit a wide range of specialist audiences, including economists and policy makers.' -- Pravakar Sahoo, Pacific AffairsTable of ContentsContents: Foreword Haruhiko Kuroda 1. Introduction Biswa Nath Bhattacharyay, Masahiro Kawai and Rajat M. Nag PART I: DEMAND FOR AND BENEFITS OF NATIONAL AND REGIONAL INFRASTRUCTURE NETWORKS 2. Estimating Demand for Infrastructure, 2010–2020 Biswa Nath Bhattacharyay 3. Benefits of Infrastructure Investment: An Empirical Analysis Fan Zhai 4. Socio-economic Impact of Regional Transport Infrastructure in the Greater Mekong Subregion Susan Stone, Anna Strutt and Thomas Hertel 5. Socio-economic Impacts of Regional Transport Infrastructure in South Asia John Gilbert and Nilanjan Banik PART II: POLICIES AND INSTITUTIONS FOR EFFECTIVE INFRASTRUCTURE 6. Evaluation of Regional Infrastructure Manabu Fujimura and Ramesh Adhikari 7. Economic Space for Transnational Infrastructure: Gateways, Multimodal Corridors and Special Economic Zones Peter J. Rimmer and Howard Dick 8. Institutional and Policy Frameworks for Sustainable Infrastructure ZhongXiang Zhang 9. Managing Regional Infrastructure: European Union Institutional Structures and Best Practices Willem van der Geest and Jorge Núñez-Ferrer PART III: ADDRESSING INFRASTRUCTURE FINANCING NEEDS 10. Modes of Asian Financial Integration: Financing Infrastructure Biswa Nath Bhattacharyay 11. Foreign Direct Investment in Financing Regional Infrastructure Kwok-Chiu Fung, Alicia Garcia-Herrero and Francis Ng 12. Public–Private Partnerships for Regional Infrastructure: Lessons from the European Union Willem van der Geest and Jorge Núñez-Ferrer Index

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Book SynopsisUsing original research to address cutting-edge topics, this Handbook explores the rapidly evolving and increasingly multifaceted relations between China and developing countries.Innovative, data-rich analysis by leading experts from around the world critically assesses such timely issues as the 'China model', Beijing's role in international development assistance, World Bank governance, Chinese peacekeeping and South-South relations, and developing countries and the internationalization of China's currency. China's engagement with individual countries and regions throughout the developing world is examined, including Chinese private sector investment in Africa.This unique and comprehensive study is an essential reference for scholars and policy experts alike, with a breadth and depth of coverage that will inform and guide analysis for academics, practitioners and postgraduates.Contributors: L. Austin, A. Bodomo, D. Bräutigam, D.J. Bulman, C. Cheng, G. Chin, C.P. Freeman, M. Gurtov, S. Ho, G.L. Le Pere, B. Mariani, H. Mo, G. Paz, R. Roett, S. Shen, X. Shen, Y. Sun, N.L.P. Swanström, X Tu, M. Turzi, T. Wesley-Smith, Y. Xu, J. Zhang, Q. Zhang, S. ZhaoTrade Review'China's rise transforms its interactions with other developing countries in multiple ways. This volume offers a valuable introduction to this transformation from diverse perspectives.' --Justin Yifu Lin, Peking University, China'China will inevitably become the number one power in the world. In purchasing power parity terms, its economy is already number one. Increasingly, more and more developing countries are hitching their wagons to China's economic locomotive. Hence, this volume addresses a key dimension of our new global order. It could not be more timely or more relevant for both academics and policymakers.' --Kishore Mahbubani, National University of Singapore and author, The Great Convergence: Asia, the West and the Logic of One World'China's emergence as an economic and trading superpower is one of the dominant stories of our time, and its ties with other developing countries are an underappreciated part of this story. In 2011 China was the main trading partner of 124 different countries, most of which are developing. This handbook fills an essential gap in the literature on China's rise, examining China's relations with different regions and how these are reshaping global institutions from UN peace-keeping to IMF fire-fighting. This is an essential resource for the study of China and the global order.' --David Dollar, China Center, Brookings InstitutionTable of ContentsContents: Foreward Deborah Bräutigam 1. Introduction Carla P. Freeman PART I FRAMING CHINA’S RELATIONS WITH DEVELOPING COUNTRIES 2. The China Model: An Authoritarian State-led Modernization Suisheng Zhao 3. China’s Relations with Developing Countries: Patterns, Principles, Characteristics, and Future Challenges Qingmin Zhang 4. China’s Third World Odyssey: Changing Priorities, Continuities, and Many Contradictions Mel Gurtov PART II CHINA’S IDENTITY AND THE DEVELOPING WORLD 5. China’s Developing Country Identity—Challenges and Future Prospects Xinquan Tu and Huiping Mo 6. Another Angle on a New Intimacy: How the Chinese Perceive Africa and Latin America Simon Shen 7. African Traders in Guangzhou: A Bridge Community for Africa-China Relations Adams Bodomo PART III CHINA, THE DEVELOPING WORLD AND THE CHANGING INTERNATIONAL ORDER 8. The World Bank and China: The Long Decade of Realignment Gregory Chin 9. Official Development Finance with Chinese Characteristics: Development Cooperation between China and Africa Cheng Cheng 10. Expanded Privilege, Adjusted Risks: Developing Countries and Renminbi Internationalization David Janoff Bulman 11. China’s Role in UN Peacekeeping Operations Bernardo Mariani 12. Globalizing Grain: How China is Reshaping Global Agriculture Mariano Turzi 13. China’s Oil Industry: Investment in Developing Countries Jin Zhang 14. China as an Environmental Actor in the Developing World – China’s Role in Global Deforestation in Developing Countries Carla P. Freeman and Yiqian Xu PART IV CHINA’S RELATIONS WITH DEVELOPING COUNTRIES AND REGIONS 15. The China-Africa Connection: An Ambiguous Legacy? Garth L. Le Pere 16. Searching for Data: Increasing Understanding of China’s Investment in Africa Xiaofang Shen 17. China’s Deepening Middle East Relations Leila Austin 18. China and Greater Central Asia Niklas L.P. Swanstrom 19. Seeing the Forest for the Trees: China’s Shifting Perceptions of India Selina Ho 20. China and the Development of Myanmar Yun Sun 21. China in the Pacific Islands: Impacts and Implications Terence Wesley-Smith 22. China’s Expanding Ties with Latin America Riodan Roett and Guadalupe Paz Index

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Book SynopsisThe Handbook of Alternative Theories of Economic Development explores the theories and approaches which, over a prolonged period of time, have existed as viable alternatives to today?s mainstream and neo-classical tenets. With a total of 40 specially commissioned chapters, written by the foremost authorities in their respective fields, this volume represents a landmark in the field of economic development. It elucidates the richness of the alternative and sometimes misunderstood ideas which, in different historical contexts, have proved to be vital to the improvement of the human condition. The subject matter is approached from several complementary perspectives. From a historical angle, the Handbook charts the mercantilist and cameralist theories that emerged from the Renaissance and developed further during the Enlightenment. From a geographical angle, it includes chapters on African, Chinese, Indian, and Muslim approaches to economic development. Different schools are also explored and discussed including nineteenth century US development theory, Marxist, Schumpeterian, Latin American structuralism, regulation theory and world systems theories of development. In addition, the Handbook has chapters on important events and institutions including The League of Nations, The Havana Charter, and UNCTAD, as well as on particularly influential development economists. Contemporary topics such as the role of finance, feminism, the agrarian issue, and ecology and the environment are also covered in depth. This comprehensive Handbook offers an unrivalled review and analysis of alternative and heterodox theories of economic development. It should be read by all serious scholars, teachers and students of development studies, and indeed anyone interested in alternatives to development orthodoxy.Contributors: M. Alacevich, R. Arocena, J.G. Backhaus, E.B. Barbier, R. Bielschowsky, C.N. Biltoft, R. Boyer, L. Burlamaqui, C.P. Chandrasekhar, M. Cimoli, A.M. Daastøl, G. Derluguian, W. Drechsler, S. Endresen, M.S. Erkek, M.S. Floro, J. Ghosh, J.-C. Graz, J.P. Hochard, I. Ianos, P. Jha, A. Kadri, R. Kattel, J.A. Kregel, B.-Å. Lundvall, A.C. Macedo e Silva, J.A. Mathews, L. Mjøset, S. Moyo, R.R. Nelson, G. Omkarnath, E. Özveren, J.G. Palma, P. Patnaik, G. Porcile, E.S. Reinert, S.A. Reinert, P.R. Rössner, A. Saltelli, M. Shafaeddin, A. Singh, I.G. Shivji, J. Sutz, Y. Tandon, E. Thurbon, F. Tregenna, H.S. Ünal, L. Weiss, T. Xu, P. Yeros, X. ZhaoTrade Review'This collection provides some useful insights into the reality of development processes for practitioners in local development.' --Local EconomyTable of ContentsContents: Introduction Erik S. Reinert, Rainer Kattel and Jayati Ghosh PART I DEVELOPMENT THINKING ACROSS HISTORY AND GEOGRAPHY 1. Giovanni Botero (1588) and Antonio Serra (1613): Italy and The Birth of Development Economics Erik S. Reinert 2. Economic Emulation and the Politics of International Trade in Early Modern Europe Sophus A. Reinert 3. Cameralism and the German Tradition of Development Economics Erik S. Reinert and Philipp R. Rössner 4. Friedrich List: The International Dynamics of Mindpower Arno Mong Daastøl 5. Kathedersozialismus and the German Historical School Wolfgang Drechsler 6. Chinese Development Thinking Ting Xu 7. The Economic Cycle of Imperial China and Its Development Xuan Zhao 8. Islam and Capitalism: Military Routs, not Formal Institutions Ali Kadri 9. Unity and Diversity in the Ottoman School of National Economy: A Reappraisal of Ziya Gökalp and Ethem Nejat Eyüp Özveren, Mehmet Salih Erkek and Hüseyin Safa Ünal 10. Indian Development Thinking Goddanti Omkarnath 11. Latin American Structuralism: The Co-Evolution of Technology, Structural Change and Economic Growth Mario Cimoli and Gabriel Porcile 12. Revisiting the Debate on National Autonomous Development in Africa Issa G. Shivji 13. Development as the Struggle for Liberation from Hegemonic Structures of Domination and Control Yash Tandon 14. The League of Nations and Alternative Economic Perspectives Carolyn N. Biltoft 15. The Havana Charter: When State and Market Shake Hands Jean-Christophe Graz 16. The UNCTAD System of Political Economy Ricardo Bielschowsky and Antonio Carlos Macedo e Silva PART II APPROACHES TO UNDERSTANDING DEVELOPMENT 17. Marxist Theory and the “Underdeveloped Economies” Prabhat Patnaik 18. Economic Development as an Evolutionary Process Richard B. Nelson 19. Classical Development Economists of the Midtwentieth Century Rainer Kattel, Jan A. Kregel and Erik S. Reinert 20. Development and Régulation Theory Robert Boyer 21. The “Dependency School” and its Aftermath: Why Latin America’s Critical Thinking Switched from One Type of Absolute Certainties to Another José Gabriel Palma 22. Feminist Approaches to Development Maria Sangrario Floro 23. Reading Freeman when Ladders for Development are Gone Rodrigo Arocena and Judith Sutz 24. Albert O. Hirschman Michele Alacevich 25. Michal Kalecki Jayati Ghosh PART III ISSUES IN DEVELOPMENT 26. The Agrarian Question and Trajectories of Economic Transformation: A Perspective from the South Sam Moyo, Praveen Jha and Paris Yeros 27. The Effective Demand Approach to Economic Development Jan A. Kregel 28. Development Planning C.P. Chandrasekhar 29. The Nordic Route to Development Lars Mjøset 30. Competitiveness and Development: A Schumpeterian Approach Mehdi Shafaeddin 31. Innovation Systems and Development: History, Theory and Challenges Bengt-Åke Lundvall 32. Latecomer Industrialisation John A. Mathews 33. The Developmental State in the Late Twentieth Century Elizabeth Thurbon and Linda Weiss 34. Development, Ecology and the Environment Edward B. Barbier and Jacob P. Hochard 35. Competition, Competition Policy, Competitiveness, Globalisation and Development Ajit Singh 36. Knowledge Governance: Intellectual Property Management for Development and the Public Interest Leonardo Burlamaqui 37. Legal Structures and Economic Development: Towards an Ideal Economic Analysis of a Legal Problem Jürgen G. Backhaus 38. Deindustrialisation and Premature Deindustrialisation Fiona Tregenna 39. The Post-Soviet Industrial Extinctions and the Rise of Jihadi Terrorism in the North Caucasus Georgi Derluguian 40. Epilogue: The Future of Economic Development between Utopias and Dystopias Erik S. Reinert, Sylvi Endresen, Ioan Ianos and Andrea Saltelli Index

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Book SynopsisThe Handbook of Alternative Theories of Economic Development explores the theories and approaches which, over a prolonged period of time, have existed as viable alternatives to today?s mainstream and neo-classical tenets. With a total of 40 specially commissioned chapters, written by the foremost authorities in their respective fields, this volume represents a landmark in the field of economic development. It elucidates the richness of the alternative and sometimes misunderstood ideas which, in different historical contexts, have proved to be vital to the improvement of the human condition. The subject matter is approached from several complementary perspectives. From a historical angle, the Handbook charts the mercantilist and cameralist theories that emerged from the Renaissance and developed further during the Enlightenment. From a geographical angle, it includes chapters on African, Chinese, Indian, and Muslim approaches to economic development. Different schools are also explored and discussed including nineteenth century US development theory, Marxist, Schumpeterian, Latin American structuralism, regulation theory and world systems theories of development. In addition, the Handbook has chapters on important events and institutions including The League of Nations, The Havana Charter, and UNCTAD, as well as on particularly influential development economists. Contemporary topics such as the role of finance, feminism, the agrarian issue, and ecology and the environment are also covered in depth. This comprehensive Handbook offers an unrivalled review and analysis of alternative and heterodox theories of economic development. It should be read by all serious scholars, teachers and students of development studies, and indeed anyone interested in alternatives to development orthodoxy.Contributors: M. Alacevich, R. Arocena, J.G. Backhaus, E.B. Barbier, R. Bielschowsky, C.N. Biltoft, R. Boyer, L. Burlamaqui, C.P. Chandrasekhar, M. Cimoli, A.M. Daastøl, G. Derluguian, W. Drechsler, S. Endresen, M.S. Erkek, M.S. Floro, J. Ghosh, J.-C. Graz, J.P. Hochard, I. Ianos, P. Jha, A. Kadri, R. Kattel, J.A. Kregel, B.-Å. Lundvall, A.C. Macedo e Silva, J.A. Mathews, L. Mjøset, S. Moyo, R.R. Nelson, G. Omkarnath, E. Özveren, J.G. Palma, P. Patnaik, G. Porcile, E.S. Reinert, S.A. Reinert, P.R. Rössner, A. Saltelli, M. Shafaeddin, A. Singh, I.G. Shivji, J. Sutz, Y. Tandon, E. Thurbon, F. Tregenna, H.S. Ünal, L. Weiss, T. Xu, P. Yeros, X. ZhaoTrade Review'This collection provides some useful insights into the reality of development processes for practitioners in local development.' --Local EconomyTable of ContentsContents: Introduction Erik S. Reinert, Rainer Kattel and Jayati Ghosh PART I DEVELOPMENT THINKING ACROSS HISTORY AND GEOGRAPHY 1. Giovanni Botero (1588) and Antonio Serra (1613): Italy and The Birth of Development Economics Erik S. Reinert 2. Economic Emulation and the Politics of International Trade in Early Modern Europe Sophus A. Reinert 3. Cameralism and the German Tradition of Development Economics Erik S. Reinert and Philipp R. Rössner 4. Friedrich List: The International Dynamics of Mindpower Arno Mong Daastøl 5. Kathedersozialismus and the German Historical School Wolfgang Drechsler 6. Chinese Development Thinking Ting Xu 7. The Economic Cycle of Imperial China and Its Development Xuan Zhao 8. Islam and Capitalism: Military Routs, not Formal Institutions Ali Kadri 9. Unity and Diversity in the Ottoman School of National Economy: A Reappraisal of Ziya Gökalp and Ethem Nejat Eyüp Özveren, Mehmet Salih Erkek and Hüseyin Safa Ünal 10. Indian Development Thinking Goddanti Omkarnath 11. Latin American Structuralism: The Co-Evolution of Technology, Structural Change and Economic Growth Mario Cimoli and Gabriel Porcile 12. Revisiting the Debate on National Autonomous Development in Africa Issa G. Shivji 13. Development as the Struggle for Liberation from Hegemonic Structures of Domination and Control Yash Tandon 14. The League of Nations and Alternative Economic Perspectives Carolyn N. Biltoft 15. The Havana Charter: When State and Market Shake Hands Jean-Christophe Graz 16. The UNCTAD System of Political Economy Ricardo Bielschowsky and Antonio Carlos Macedo e Silva PART II APPROACHES TO UNDERSTANDING DEVELOPMENT 17. Marxist Theory and the “Underdeveloped Economies” Prabhat Patnaik 18. Economic Development as an Evolutionary Process Richard B. Nelson 19. Classical Development Economists of the Midtwentieth Century Rainer Kattel, Jan A. Kregel and Erik S. Reinert 20. Development and Régulation Theory Robert Boyer 21. The “Dependency School” and its Aftermath: Why Latin America’s Critical Thinking Switched from One Type of Absolute Certainties to Another José Gabriel Palma 22. Feminist Approaches to Development Maria Sangrario Floro 23. Reading Freeman when Ladders for Development are Gone Rodrigo Arocena and Judith Sutz 24. Albert O. Hirschman Michele Alacevich 25. Michal Kalecki Jayati Ghosh PART III ISSUES IN DEVELOPMENT 26. The Agrarian Question and Trajectories of Economic Transformation: A Perspective from the South Sam Moyo, Praveen Jha and Paris Yeros 27. The Effective Demand Approach to Economic Development Jan A. Kregel 28. Development Planning C.P. Chandrasekhar 29. The Nordic Route to Development Lars Mjøset 30. Competitiveness and Development: A Schumpeterian Approach Mehdi Shafaeddin 31. Innovation Systems and Development: History, Theory and Challenges Bengt-Åke Lundvall 32. Latecomer Industrialisation John A. Mathews 33. The Developmental State in the Late Twentieth Century Elizabeth Thurbon and Linda Weiss 34. Development, Ecology and the Environment Edward B. Barbier and Jacob P. Hochard 35. Competition, Competition Policy, Competitiveness, Globalisation and Development Ajit Singh 36. Knowledge Governance: Intellectual Property Management for Development and the Public Interest Leonardo Burlamaqui 37. Legal Structures and Economic Development: Towards an Ideal Economic Analysis of a Legal Problem Jürgen G. Backhaus 38. Deindustrialisation and Premature Deindustrialisation Fiona Tregenna 39. The Post-Soviet Industrial Extinctions and the Rise of Jihadi Terrorism in the North Caucasus Georgi Derluguian 40. Epilogue: The Future of Economic Development between Utopias and Dystopias Erik S. Reinert, Sylvi Endresen, Ioan Ianos and Andrea Saltelli Index

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Book SynopsisThis concise yet insightful sequel to the highly acclaimed The Nature of Economic Growth provides a comprehensive critique of both old and new growth theory, highlighting the importance of economic growth for reducing poverty.A.P. Thirlwall illustrates that orthodox growth theory continues to work with 'one-good' models and to treat factor supplies as exogenously given, independent of demand. Orthodox trade theory still ignores the balance of payments consequences of different patterns of trade specialization when assessing the welfare effects of trade. The author goes on to present theory underpinned by up-to-date empirical evidence that factors of production and productivity growth are endogenous to demand, and that the structure of production and trade matter for the long-run growth performance of countries because of their impact on the balance of payments. He concludes that trade liberalisation has proved disappointing in improving the trade-off between growth and the balance of payments.This book will provide a challenging read for students and academics in the fields of economics, heterodox economics, and development. Policymakers focussing on the relationship between growth, trade and the balance of payments will also find the book to be of great interest.Contents: Preface 1. Divisions in the World Economy and the Importance of Economic Growth 2. Growth Theory: Old and 'New' 3. A Critique of Orthodox Growth Theory: Structure and Demand Matter for Economic Growth 4. The Endogeneity of the Natural Rate of Growth and Constraints on Demand 5. Balance of Payments Constrained Growth 6. Trade Liberalisation, the Balance of Payments, Growth, Inequality and Poverty References IndexTrade Review‘The book is very well written and offers a host of theoretical and empirical insights into the problems at hand. It contains the fruits of the lifelong studies of a major development economist and is a must for everyone working in the field under consideration. Tony Thirlwall is to be congratulated for opening the reader’s eyes and freeing him from the fetters of ideology and prejudice.’ -- Heinz D. Kurz, Applied Economics Journal‘Economic Growth in an Open Developing Economy is revealed as a tour de force. It would serve equally well as either an introductory primer on balance-of-payments-constrained growth theory, or as a summary of the current state of the art for those already acquainted with the field. As such, it deserves to be read by all students and professionals with a sincere interest in long run growth and development.’ -- Review of Keynesian EconomicsTable of ContentsContents: Preface 1. Divisions in the World Economy and the Importance of Economic Growth 2. Growth Theory: Old and ‘New’ 3. A Critique of Orthodox Growth Theory: Structure and Demand Matter for Economic Growth 4. The Endogeneity of the Natural Rate of Growth and Constraints on Demand 5. Balance of Payments Constrained Growth 6. Trade Liberalisation, the Balance of Payments, Growth, Inequality and Poverty References Index

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Book SynopsisThe Handbook of Emerging Market Multinational Corporations focuses on why emerging market multinationals internationalize, how they do so and the advantages they explore and exploit as they internationalize. The Handbook highlights the requirement for new perspectives on theory and managerial practice to better comprehend this phenomenon.Internationalizing firms from emerging markets are sweeping the global economy. Here, expert contributors offer interesting insight into emerging market multinationals internationalization drivers, growth processes and expansion, and underscore similarities and differences between developed and emerging country internationalizing firms. Case studies from emerging market economies are presented, including corporations from China, Egypt, India, Thailand, Russia, and South Africa. Revised perspectives on internationalization theory are proposed, addressing changing global value chain configurations, institutional distance between home and host countries, the role of governments and preferred modes of entry into foreign markets.This theoretical, empirical and conceptual work is a fundamental point of reference for students and academics interested in business, economics and internationalization theory. Practitioners in internationalizing firms and policy makers within government and non-governmental organizations will find this discerning book to be of great value.Contributors include: Y. Aharoni, F. J. Contractor, A. Cuervo-Cazurra, M. Demirbag, L. Fernández-Méndez , L. Gao, E. García-Canal, M. F. Guillén, K. Kalotay, E. Lioliou, X. Liu, K. Meyer, S.R. Nair, P. Pananond, R. Ramamurti, J.N. Sheth, R. Singh, Y. Wei, G. Wood, Y. Wu, A. YaprakTable of ContentsContents: Introduction: The Rise of Internationalizing Firms from Emerging Markets Attila Yaprak and Mehmet Demirbag PART 1A THEORY PERSPECTIVES 1. The Many Faces of the Ever-changing Multinational Enterprise Yair Aharoni 2. Punching Above Their Weight: The Sources of Competitive Advantage for Emerging Market Multinationals Farok J. Contractor 3. Explaining the Internationalization of Emerging Economy Multinationals: The Relative Resource Specialization of the Firm and Environment Mechanisms Alvaro Cuervo-Cazura, Klaus Meyer and Ravi Ramamurti PART 1B CONCEPTUAL AND EMPIRICAL CONTRIBUTIONS ON EMERGING MARKET MULTINATIONALS 4. Breakout Multinationals: Emerging Market Multinationals in Global Value Chains Pavida Pananond 5. How Institutional Distance Matters to Cross Border Mergers and Acquisitions by Multinational Enterprises from Emerging Economies in OECD Countries Yingqi Wei and Yaoan Wu 6. Globalization of Indian Multinationals: What Lies Ahead? Jagdish N. Sheth and Rahul Singh 7. Indian Multinationals: Location Choices of Overseas Mergers and Acquisitions Smitha R. Nair and Mehmet Demirbag PART II CASE STUDIES ON EMERGING MARKET MULTINATIONALS 8. Relative Risk In Emerging Markets For Emerging Multinationals: The Case of Orascom Telecom Mauro F. Guillén, Esteban García-Canal and Laura Fernández-Méndez 9. Dynamic Capabilities, Managerial Mindsets and the Outcomes of Internationalization: The Case of Chinese State-Owned Enterprises Lan Gao, Xiaohui Liu and Eleni Lioliou 10. South African Multinationals in Africa: Growth and Controversy Geoffrey Wood 11. Acquisitions as Engines of Foreign Expansion of Russian Multinationals Kalman Kalotay 12. Conclusions and Future Research Directions: Lessons Learned from the Rise of Emerging Market Multinationals Mehmet Demirbag and Attila Yaprak Index

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Book SynopsisThe Handbook of Emerging Market Multinational Corporations focuses on why emerging market multinationals internationalize, how they do so and the advantages they explore and exploit as they internationalize. The Handbook highlights the requirement for new perspectives on theory and managerial practice to better comprehend this phenomenon.Internationalizing firms from emerging markets are sweeping the global economy. Here, expert contributors offer interesting insight into emerging market multinationals internationalization drivers, growth processes and expansion, and underscore similarities and differences between developed and emerging country internationalizing firms. Case studies from emerging market economies are presented, including corporations from China, Egypt, India, Thailand, Russia, and South Africa. Revised perspectives on internationalization theory are proposed, addressing changing global value chain configurations, institutional distance between home and host countries, the role of governments and preferred modes of entry into foreign markets.This theoretical, empirical and conceptual work is a fundamental point of reference for students and academics interested in business, economics and internationalization theory. Practitioners in internationalizing firms and policy makers within government and non-governmental organizations will find this discerning book to be of great value.Contributors include: Y. Aharoni, F. J. Contractor, A. Cuervo-Cazurra, M. Demirbag, L. Fernández-Méndez , L. Gao, E. García-Canal, M. F. Guillén, K. Kalotay, E. Lioliou, X. Liu, K. Meyer, S.R. Nair, P. Pananond, R. Ramamurti, J.N. Sheth, R. Singh, Y. Wei, G. Wood, Y. Wu, A. YaprakTable of ContentsContents: Introduction: The Rise of Internationalizing Firms from Emerging Markets Attila Yaprak and Mehmet Demirbag PART 1A THEORY PERSPECTIVES 1. The Many Faces of the Ever-changing Multinational Enterprise Yair Aharoni 2. Punching Above Their Weight: The Sources of Competitive Advantage for Emerging Market Multinationals Farok J. Contractor 3. Explaining the Internationalization of Emerging Economy Multinationals: The Relative Resource Specialization of the Firm and Environment Mechanisms Alvaro Cuervo-Cazura, Klaus Meyer and Ravi Ramamurti PART 1B CONCEPTUAL AND EMPIRICAL CONTRIBUTIONS ON EMERGING MARKET MULTINATIONALS 4. Breakout Multinationals: Emerging Market Multinationals in Global Value Chains Pavida Pananond 5. How Institutional Distance Matters to Cross Border Mergers and Acquisitions by Multinational Enterprises from Emerging Economies in OECD Countries Yingqi Wei and Yaoan Wu 6. Globalization of Indian Multinationals: What Lies Ahead? Jagdish N. Sheth and Rahul Singh 7. Indian Multinationals: Location Choices of Overseas Mergers and Acquisitions Smitha R. Nair and Mehmet Demirbag PART II CASE STUDIES ON EMERGING MARKET MULTINATIONALS 8. Relative Risk In Emerging Markets For Emerging Multinationals: The Case of Orascom Telecom Mauro F. Guillén, Esteban García-Canal and Laura Fernández-Méndez 9. Dynamic Capabilities, Managerial Mindsets and the Outcomes of Internationalization: The Case of Chinese State-Owned Enterprises Lan Gao, Xiaohui Liu and Eleni Lioliou 10. South African Multinationals in Africa: Growth and Controversy Geoffrey Wood 11. Acquisitions as Engines of Foreign Expansion of Russian Multinationals Kalman Kalotay 12. Conclusions and Future Research Directions: Lessons Learned from the Rise of Emerging Market Multinationals Mehmet Demirbag and Attila Yaprak Index

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Book SynopsisTaking an interdisciplinary approach, Vai Io Lo and Mary Hiscock, together with scholars and researchers from around the world, investigate the rise of the BRICS and assess the extent of their further development and influence from the perspectives of economics, international relations and law.Brazil, Russia, India, and China are expected to become the world s most influential economies, surpassing the current richest economies, by the middle of the 21st century. With the inclusion of South Africa in 2010, the BRICS span across four continents, creating an abundance of geopolitical clout, in addition to their potential economic dominance. This book examines the economic developments of individual BRICS countries, the current politico-economic condition of the BRICS vis-à-vis non-BRICS countries or groups, and the potential of the BRICS to bring about changing paradigms in the global political economy.This book is an essential resource for academics, researchers and students who are interested in the rise, development and impact of the BRICS economies. It will also be of interest to economists, political scientists, and specialists in international trade and investment.Contributors include: M. Ariff, R. Arora, L. Boulle, J. Chella, M. Conley Tyler, R. Dos Santos, J. Farrar, S. Fortescue, U. Ghori, M.Hiscock, D.B. Karimova, A. Khalid, R. Lahiri, E.T. Laryea, S. Lin, V.I. Lo, A.J. Makin, B. Nanda, M.P. Ramaswamy, S. Ratnasiri, M. Sornarajah, M. Thirlwell, M. ThomasTrade Review'Lo and Hiscock provide the reader with the opportunity to look at the BRICS in a much broader way. Bringing together scholars of international relations, law and economics, this book reminds us that the economic success of the BRICS depends not only on economic growth and trade, but also the future relations with the developed world and domestic reforms. '--Tevfik Murat Tildirim, European Political ScienceTable of ContentsContents: 1. The BRICS – an Indian Perspective H.E. Mr Biren Nanda 2. How Solid are the BRICS? An Economic Overview Anthony J. Makin and Rashmi Arora 3. Fiscal Policy and China’s Economic Growth Shuanglin Lin 4. Productivity Differences, Technology Adoption and Economic Growth: The Case of India Radhika Lahiri and Shyama Ratnasiri 5. Brazil: A Soft Power Rising with the BRICS Towards a Multipolar World Raquel Dos Santos 6. Sino-Brazilian Trade and Antidumping Concerns Muruga Perumal Ramaswamy 7. Joining the BRICs – the Case of South Africa Laurence Boulle and Jessie Chella 8. Implications of the Rise of the BRIC Countries for Africa Emmanuel T. Laryea 9. The BRICS: Experiments with State Capitalism and Institutional Investment John Farrar and Mohamed Ariff 10. The Power of the BRICS in the World Trade and Growth, Analysing the Macroeconomic Impacts Within and Across Ahmed Khalid 11. The BRICS+: Fault Lines and Opportunities Umair Ghori 12. The BRICS – Model for the Earth Living Dilyara B. Karimova 13. The BRICS and Russia Stephen Fortescue 14. New Players, New Rules? The BRICS and Global Economic Governance Mark Thirlwell 15. BRICS and Mortar(s): Breaking or Building the Global System? Melissa Conley Tyler and Michael Thomas 16. China’s Path to Development: Does Law Matter? Vai Io Lo 17. The Role of the BRICS in International Law in a Multipolar World Muthucumaraswamy Sornarajah 18. Conclusions: The BRICS – Ascendancy, Decline or Plateau? Mary Hiscock and Vai Io Lo

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Book SynopsisThe Handbook brings together leading scholars in international business as well as other disciplines to contribute state-of-the-art thinking on emerging markets. The volume extends theoretical and conceptual thinking, looks at operational practices and their implications and provides a research agenda to move the field forward.Contributors include a mix of new and established authors from around the world, for a diverse and current set of scholarly perspectives on emerging markets. Combining academic and operationally focused chapters, they offer a multifaceted, in-depth look at specific geographies and functional areas to enrich our understanding of emerging markets.This energetic and varied look at a burgeoning field will be an invaluable resource for academics and for students at the post-doctoral, PhD and MBA levels.Contributors: C.G. Alvstam, O.E. Annushkina, A. Arslan, M.S. Balakrishnan, E. Berselli, N. Bhatnagar, K. Braunsberger, I. Buciuniene, A. Cuervo-Cazzura, M. Demirbag, R.O. Flamm, M.W. Hansen, P.D.O. Jensen, S. Joshi, A. Karna, R. Kazlauskaite, C. Landau, J. Larimo, H. Merchant, K. Nair, W. Newburry, D. O'Reilly, B. Petersen, J. Prabhu, I. Pupieniene, K. Ramachandran, A. Soleimani, P. Strom, E. Tatoglu, F. Taube, L. Trevino, R. Trinca Colonel, C. Vithessonthi, R. WentrupTrade ReviewHemant Merchant has compiled a useful, 15-paper collection of contemporary contributions to our understanding of emerging markets. This is a welcome volume. It provides a mix of theory, empirical analyses, and a module on operational practices. As such, not only might this book serve as comprehensive resource, it could also be used as the core text for an MSc course on emerging markets. --Paul W Beamish, Western University, CanadaAs research on emerging markets has grown from a trickle to a flood, Professor Merchant rightly argues for pausing a moment to reflect on what is truly distinctive about these countries vis-a-vis developed markets. He has assembled in this handbook an outstanding collection of essays by established as well as up-and-coming scholars from around the world. A must-read for anyone interested in getting to the bottom of what makes emerging economies special and why their economic and political power will grow further in the coming decades. --Ravi Ramamurti, D'Amore-McKim, Northeastern UniversityTable of ContentsContents: PART I EXTENDING THEORETICAL AND CONCEPTUAL THINKING ABOUT EMERGING MARKETS 1. How do Emerging Markets Differ from Developed Markets?: A Conceptual and Empirical Analysis Olga E. Annushkina, Hemant Merchant, Renata Trinca Colonel and Elena Berselli 2. Heterogeneous Economic Space in a Global Archipelago: An Economic Geography Perspective of Emerging Markets Claes G. Alvstam, Patrick Strom and Robert Wentrup 3. Institutional Theory and Institution Building in Emerging Economies Len J. Treviño 4. Emerging Market Multinationals and Theory Development: A Multi-theoretical Approach Alvaro Cuervo-Cazurra 5. Learning from Sustainability Initiatives in Emerging Markets Karin Braunsberger and Richard O. Flamm PART II OPERATIONAL PRACTICES IN EMERGING MARKETS AND THEIR IMPLICATIONS 6. Mapping Institutional Influences on Multinational Firms’ R&D Investments in Emerging Markets: The Case of India Krishnan Nair, Jaideep Prabhu, Hemant Merchant 7. Brand Management Practices in an Emerging Country Market Ekrem Tatoglu, Mehmet Demirbag and Daragh O'Reiley 8. Employability of Older Workers in a Changing Labor Market: The Case of a Post-Soviet Country Rūta Kazlauskaitė, Irena Pupienienė and Ilona Bučiūnienė 9. Establishment Mode Strategy of Multinational Enterprises in the Emerging Economies: Influences of, and the Moderating Interrelationship Between Cultural Distance and Economic Freedom Ahmad Arslan and Jorma Larimo 10. Drivers and Strategies of International Service Firms in Emerging Markets Michael Wendelboe Hansen, Peter D. Ørberg Jensen and Bent Petersen PART III LOOKING FORWARD: ECLECTIC PERSPECTIVES ON EMERGING MARKETS 11. Emerging Paradigms of Corporate Governance and Managerial Professionalization in Family Firms Kavil Ramachandran, Shefali Joshi and Navneet Bhatnagar 12. Multi-level Reputation Influences on Latin America’s Inward and Outward Foreign Direct Investment William Newburry and Abrahim Soleimani 13. The Internationalization of Hidden Champions: Setting the Context for Advancing Research on Emerging Market Strategies for German Mittelstand Firms Christian Landau, Amit Karna and Florian Täube 14. Managing at the Edge of Chaos: Middle East North Africa – Perspectives for International Management Melodena Stephens Balakrishnan 15. Government Policy Uncertainty and Corporate Investment in Emerging Markets Chaiporn Vithessonthi Index

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