Development economics Books

Book SynopsisBooks on innovation have proliferated in the last quarter of a century, during what the author describes as 'the Schumpeterian Renaissance'. This volume provides an authoritative account of many of these new developments and represents the foundation of much ongoing research on innovation.This superlative set of essays by Chris Freeman, founder of SPRU and one of the pioneers of innovation studies, will be of interest to anyone wanting to gain a deeper understanding of technical and social change. The wide-scope lens of the author covers topics ranging from business cycles, through National Systems of Innovation to the information technology paradigm. Having this valuable material in a single volume will be welcomed by all those involved in the economics of innovation, be it in theory, policy or practice.Trade Review'Being asked to write a foreword to Chris Freeman's Selected Essays/i> has been for me an honour and a privilege. . . As one of the most prominent founding fathers of the economics of innovation as a distinct sub-discipline of social science and as influential maître-à-penser within and outside evolutionary economics and economic history, he has deserved for quite a while the most prestigious recognition in economics. . .' -- From the foreword by Giovanni DosiTable of ContentsContents: Foreword by Giovanni Dosi 1. Introduction 2. Technological Infrastructure and International Competitiveness 3. Structural Crises of Adjustment, Business Cycles and Investment Behaviour with Carlota Perez 4. Innovation and Growth 5. Family Allowances, Technical Change, Inequality and Social Policy 6. Continental, National and Sub-national Innovation Systems – Complementarity and Economic Growth 7. Rise of East Asian Economies and the Computerisation of the World Economy 8. A Hard Landing for the ‘New Economy’? Information Technology and the United States National System of Innovation 9. ‘Catching Up’ and Innovation Systems: Implications for Eastern Europe 10. The ICT Paradigm 11. A Schumpeterian Renaissance? 12. Conclusions: A ‘Theory of Reasoned History’ Index

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Book SynopsisThis book examines the interrelations between entrepreneurship, industrial location and economic growth. Thus, it covers a wide range of topics, including: the economic impact of entrepreneurship; industry dynamics; growth and survival of firms; firm location and globalisation patterns; and agglomeration and growth. The chapters in the book demonstrate the need to adopt a broad perspective that combines insights from different strands of literature if we are to better understand these complex economic phenomena. In addition, the original empirical evidence from a range of different countries provides a sound foundation for developing appropriate guidance for policymakers.The contributions in this book will appeal to practitioners and policymakers interested in entrepreneurship, industrial location and industry dynamics. It will also be of interest to economic geographers, environmental scientists and local planners.Trade Review'Being asked to write a foreword to Chris Freeman's Selected Essays has been for me an honour and a privilege. . . As one of the most prominent founding fathers of the economics of innovation as a distinct sub-discipline of social science and as influential maître-à-penser within and outside evolutionary economics and economic history, he has deserved for quite a while the most prestigious recognition in economics. . .' -- From the foreword by Giovanni Dosi'This important new book brings together a collection of penetrating new analyses linking regional economic growth and development to the entrepreneurial capacity of a region. Policymakers concerned with regional economic development as well as scholars will find this book an invaluable guide to understanding the new driving force, entrepreneurship, for economic growth.' -- David Audretsch, Indiana University, Bloomington, US and Otto Beisheim School WHU, GermanyTable of ContentsContents: INTRODUCTION 1. Entrepreneurship, Industrial Location and Economic Growth: An Appraisal Josep Maria Arauzo-Carod and Miguel Carlos Manjón-Antolin PART I: THE ECONOMIC IMPACT OF ENTREPRENEURSHIP 2. Entrepreneurial versus Routinized Regimes: Opportunity and the Cost of Experimentation Michael Peneder 3. New Firms and Employment Growth: Some Empirical Evidence Josep Maria Arauzo-Carod, Daniel Liviano-Solís and Mónica Martín-Bofarull PART II: INDUSTRY DYNAMICS 4. Demography of Enterprises in Poland: Entry and Exit Rates in the Manufacturing Sector Wojciech Rogowski and Jacek Socha 5. Creative Destruction and Transition: Evidence on Firm Demographics from Estonia Jaan Masso, Raul Eamets and Kaia Philips 6. Sunk Costs, Industry Dynamics and Firm Productivity José Carlos Fariñas, Ana Martín-Marcos and Sonia Ruano PART III: GROWTH AND SURVIVAL OF FIRMS 7. Gibrat’s Law as a Long-run Regularity: Theory and Evidence Francesca Lotti, Enrico Santarelli and Marco Vivarelli 8. Growth, Age and Location in Spanish Hotels Mercedes Teruel-Carrizosa and Agustí Segarra-Blasco 9. A Comparison of the Determinants of Survival of Spanish Firms Across Economic Sectors Paloma López-García and Sergio Puente-Díaz 10. Product and Process Innovations and the Likelihood of Survival Raquel Ortega-Argilés and Rosina Moreno PART IV: FIRM LOCATION 11. Cross-border Business Networks: The Case of the Basque Eurocity Corridor Saioa Arando, Mikel Navarro and Iñaki Peña 12. Beyond the Firm: Innovation and Networks of High-Technology SMEs Rob Winters and Erik Stam 13. Accessibility, Agglomeration and Location Ángel Alañón-Pardo, Josep Maria Arauzo-Carod and Rafael Myro-Sánchez PART V: LOCATION AND GLOBALISATION PATTERNS 14. Individual and Regional Determinants of R&D Location Corinne Autant-Bernard 15. The Impact of Outward FDI on Local Employment and Skill Upgrading: Preliminary Evidence from the Italian Case Ilaria Mariotti and Lucia Piscitello 16. A Survival Analysis of Manufacturing Firms in Export Markets Silviano Esteve-Pérez, Juan A. Máñez-Castillejo, María E. Rochina-Barrachina and Juan A. Sanchis-Llopis PART VI: AGGLOMERATION AND GROWTH 17. Innovation, Co-operation, and Labour Mobility Philip McCann and Jaakko Simonen 18. Agglomeration Economies and Firm Survival Jordi Jofre-Monseny Index

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Book SynopsisComprising specially commissioned essays, this Handbook provides an expansive overview of alternative theories of economic growth. It surveys major sub-fields (including classical, Kaleckian, evolutionary, and Kaldorian growth theories) and highlights cutting-edge issues such as the relationship between finance and growth, the interplay of trend and cycle, and stability issues in growth theory.Included in the text are comprehensive interpretations of subjects such as: the relationship between aggregate supply and demand and long run growth, the interaction of growth and technical change, and international and regional dimensions of growth. Alternative theories of economic growth represent a vibrant and ongoing research effort to understand the macrodynamics of capitalist economies. As such, this Handbook provides a valuable springboard for further research that will continue the development of these theories, inspiring both existing researchers and those new to the field to build upon the body of work the volume represents.The thought-provoking insights offered by the book?s thorough analysis will provide economists, graduate students, and advanced undergraduate students with a valuable reference.Table of ContentsContents: An Introduction to Alternative Theories of Economic Growth Mark Setterfield PART I: ALTERNATIVE THEORIES OF ECONOMIC GROWTH: AN OVERVIEW 1. The Structuralist Growth Model Bill Gibson 2. The Classical Theory of Growth and Distribution Duncan K. Foley and Thomas R. Michl 3. Evolutionary Growth Theory J. Stan Metcalfe and John Foster 4. The Post-Keynesian Theories of Growth and Distribution: A Survey Heinz D. Kurz and Neri Salvadori 5. Growth, Instability and Cycles: Harrodian and Kaleckian Models of Accumulation and Income Distribution Peter Skott 6. Surveying Short-run and Long-run Stability Issues with the Kaleckian Model of Growth Marc Lavoie 7. Kaldor and the Kaldorians John E. King 8. The Paths of Transformational Growth Davide Gualerzi PART II: AGGREGATE DEMAND, AGGREGATE SUPPLY AND LONG-RUN GROWTH 9. On Accounting Identities, Simulation Experiments and Aggregate Production Functions: A Cautionary Tale for (Neoclassical) Growth Theorists Jesus Felipe and John McCombie 10. The Endogenous Nature of the ‘Natural’ Rate of Growth Miguel A. León-Ledesma and Matteo Lanzafame 11. Reconciling the Growth of Aggregate Demand and Aggregate Supply Amitava Krishna Dutt PART III: ECONOMIC GROWTH AND TECHNICAL CHANGE 12. The Classical-Marxian Evolutionary Model of Technical Change: Application to Historical Tendencies Gérard Duménil and Dominique Lévy PART IV: MONEY, FINANCE AND GROWTH 13. ‘Financialisation’ in Post-Keynesian Models of Distribution and Growth: A Systematic Review Eckhard Hein and Till van Treeck 14. Inside Debt and Economic Growth: A Neo-Kaleckian Analysis Thomas I. Palley PART V: GROWTH AND DISTRIBUTION 15. Feasible Egalitarianism: Demand-led Growth, Labour and Technology C.W.M. Naastepad and Servaas Storm 16. Dissent-Driven Capitalism, Flexicurity Growth and Environmental Rehabilitation Peter Flaschel and Alfred Greiner 17. Profit Sharing, Capacity Utilization and Growth in a Post-Keynesian Macromodel Gilberto Tadeu Lima 18. Gender Equality and the Sustainability of Steady State Growth Paths Stephanie Seguino and Mark Setterfield PART VI: INTERNATIONAL AND REGIONAL DIMENSIONS OF GROWTH 19. Export-led Growth, Real Exchange Rates and the Fallacy of Composition Robert A. Blecker and Arslan Razmi 20. Trade and Economic Growth: A Latin American Perspective on Rhetoric and Reality Juan Carlos Moreno Brid and Esteban Pérez Caldentey 21. Endogenous Regional Growth: A Critical Survey Mark Roberts and Mark Setterfield Index

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Book SynopsisThis significant study discusses the emergence of partnerships for sustainable development as an innovative, and potentially influential, new type of governance. With contributions from leading experts in the field, the 'partnership paradigm' is discussed and the contributors explore the process, extent and circumstances under which partnerships can improve the legitimacy and effectiveness of governance for sustainable development.Scientific research on partnerships within the context of governance theory is fairly new, and there is a clear need to systemize a knowledge base to further define the international research agenda. In addition, there is an urgent demand from governments and international organizations, as well as from non-governmental actors, for strategic insights to build upon their activities in this field. This book is designed to address the questions, debates and agendas related to this new mode of governance.This multi-disciplinary book brings together unique perspectives from organizational theory, policy science, sociology and political science. As such, it will be warmly welcomed by academics of environmental policy and politics as well as scholars and researchers interested in governance for sustainable development. It will also appeal to public policy scholars.Trade Review'. . . this is a book to read for anybody who wants a good overview of ongoing research on environmental partnerships in public administration, business administration, political science and sociology.' -- Thomas Sikor, Journal of Integrative Environmental Sciences'The profit of this book is the well-proportioned mixture of theoretical reflections . . . and empirical findings, mostly presented in the form of case studies. . . the volume offers a well-structured and recommendable account of the current state of governance and partnerships in the field of sustainable development.' -- Thomas Krumm, Political Studies Review'This well-structured volume brings together a group of leading experts on an important emerging topic of global and local environmental policy. The book is highly recommended for every student and scholar in the field of environmental governance.' -- Martin Janicke, Freie Universitat Berlin, Germany'Partnerships have emerged as a critical "best practice" in the pursuit of sustainability. Glasbergen, Biermann and Mol's book explores the partnership issue from a variety of empirical and theoretical perspectives - highlighting how to understand them and what (not) to do. Highly recommended.' -- Daniel C. Esty, Yale University, USTable of ContentsContents: Preface 1. Setting the Scene: The Partnership Paradigm in the Making Pieter Glasbergen PART I: PARTNERSHIPS AS COLLABORATIVE ARRANGEMENTS: THE ACTOR PERSPECTIVE 2. The Process of Partnership Construction: Anticipating Obstacles and Enhancing the Likelihood of Successful Partnerships for Sustainable Development Barbara Gray 3. Sustainability through Partnering: Conceptualizing Partnerships between Businesses and NGOs James E. Austin 4. Partnership as a Means to Good Governance: Towards an Evaluation Framework Jennifer M. Brinkerhoff PART II: PARTNERSHIPS AS GOVERNANCE MECHANISMS: THE INSTRUMENTAL PERSPECTIVE 5. Enabling Environmental Partnerships: The Role of Good Governance in Madagascar’s Forest Sector Derick W. Brinkerhoff 6. Environmental Partnerships in Agriculture: Reflections on the Australian Experience Neil Gunningham 7. Partnership as Governance Mechanism in Development Cooperation: Intersectoral North–South Partnerships for Marine Biodiversity Ingrid J. Visseren-Hamakers, Bas Arts and Pieter Glasbergen PART III: PARTNERSHIPS AND THE LIBERAL-DEMOCRATIC GOVERNANCE STRUCTURE 8. Partnerships for Sustainability: An Analysis of Transnational Environmental Regimes Philipp Pattberg 9. Democracy and Accountability: The Challenge for Cross-sectoral Partnerships James Meadowcroft 10. Bringing the Environmental State Back In: Partnerships in Perspective Arthur P.J. Mol PART IV: THE FUTURE OF PARTNERSHIPS 11. Multi-stakeholder Partnerships for Sustainable Development: Does the Promise Hold? Frank Biermann, Man-san Chan, Aysem Mert and Philipp Pattberg 12. Multi-Stakeholder Global Networks: Emerging Systems for the Global Common Good Steve Waddell and Sanjeev Khagram 13. Conclusion: Partnerships for Sustainability – Reflections on a Future Research Agenda Frank Biermann, Arthur P.J. Mol and Pieter Glasbergen Index

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Book SynopsisWhere do new multinationals come from? How do firms in developing economies become global players? Gita Sud de Surie provides new perspectives on internationalization and the multinational corporation by focusing on firms in emerging markets rather than established multinationals in industrialized economies. She shows that firms in developing countries are not passive recipients of technology; rather, the attempt to absorb new technologies builds capabilities and generates new aspirations propelling them from being adopters of technology to innovators and participants in the global knowledge economy.Knowledge, Organizational Evolution, and Market Creation documents the emergence of the Indian multinational by looking at data from firms in the 'old' economy, such as those in manufacturing, steel-making, automotive components and heavy machinery and the 'new economy' such as software and biotechnology. The author provides insights on knowledge transfer, innovation and capability building processes through in-depth case studies in these industries and suggests that both entrepreneurship and distributed innovation are critical for the growth of firms globally. This book will be valuable for scholars in international management, business policy and strategy, organization and management theory, economic sociology and history and technology and innovation management. Analysts, consultants and executives will find many useful insights in this book as well.Trade Review'[Knowledge, Organizational Evolution, and Market Creation] presents an integrative framework for understanding organizational change in emerging economies. . . the book distills a tremendous amount of research relevant for understanding the culture of business in India. . . This book is important for its contribution to the literature on the rise of Indian business and economy. It has a wide reaching theoretical scope and makes significant linkages with cognitive, behavioral and cultural theories. . . Ms. Surie's research on Indian firms thus presents a rare glimpse into the organizational and economic forces that are globalizing Indian industry from steel to software.' -- Dinesh Sharma, Far Eastern Economic Review'An astute study that especially focuses on the invaluable qualities of entrepreneurship and distributive innovation. . . . Exhaustively researched, and featuring appendices packed with additional tables and statistics of hard data, Knowledge, Organizational Evolution, and Market Creation is especially recommended for college library business and economic studies shelves.' -- - Midwest Book Review - The Economics Shelf'India has become a global economic powerhouse and Sud de Surie offers in this book the first systematic analysis of the global spread of Indian businesses. She skillfully maps the foreign expansion of Indian firms in five different industries, from steel, automotive components and machinery to software and biotechnology, showing that economic, political and cultural factors need to be present in order for companies to internationalize successfully. This book sets a new standard for research on international business. It is essential reading for those interested in the increasing role of emerging companies in global competition.' -- Mauro F. Guillen, University of Pennsylvania, USTable of ContentsContents: Preface Foreword by Bruce Kogut 1. Introduction 2. Stages of Globalization: From Knowledge Transfer to Industrialized Innovation 3. Methods 4. Knowledge Transfer via Apprenticeship in Indian Manufacturing Firms: Stages I and II 5. Accelerating Innovation in Manufacturing – Architecting Complexity: Stage III 6. Industrializing Knowledge Production via Born Global Firms: Biotechnology and Software 7. From Paupers to Princes: The Emergence of the Indian Multinational Corporation Appendix A. A Note on the Indian Steel, Construction Equipment, and Auto-Component Industries Appendix B. Indian Software Industry: Historical Background Appendix C. Evolution of Biotechnology in India References Index

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Book SynopsisEvolutionary economics gained acceptance for the study of industrialized countries during the 1990s but has, as yet, contributed little to the study of world income inequality. The expert contributors gathered here approach underdevelopment and inequality from different evolutionary perspectives. It is argued that the Schumpeterian processes of 'creative destruction' may take the form of wealth creation in one part of the globe and wealth destruction in another. Case studies explore and analyse the successful 19th century policies that allowed Germany and the United States to catch up with the UK and these are contrasted with two other case studies exploring the deindustrialization and falling real wages in Peru and Mongolia during the 1990s. The case studies and thematic papers together explore, identify and explain the mechanisms which cause economic inequality. Some papers point to why the present form of globalization increases poverty in many Third World nations. Members of the anti-globalization movement will find the explanations given in this book insightful, as will employees of international organizations due to the important policy messages. The theoretical interest within the book will appeal to development economists and evolutionary economists, and policymakers and politicians will find the explanations of the present failure of many small nations in the periphery invaluable.Trade Review'This book offers a very interesting alternative approach to studying the impacts of globalization and would be a useful resource for researchers as well as postgraduate students (and perhaps advanced undergraduate students) of evolutionary economics, economic geography and international trade . It will also be of interest to policy makers and members of international organizations (including the so-called Washington Institutions!).' -- Dimitris Ballas, Economic IssuesTable of ContentsContents: Introduction Erik S. Reinert PART I: FOUNDATIONS OF AN ALTERNATIVE THEORETICAL PERSPECTIVE 1. The Other Canon: The History of Renaissance Economics Erik S. Reinert and Arno M. Daastøl 2. Natural versus Social Sciences: On Understanding in Economics Wolfgang Drechsler PART II: THE STRATEGY OF SUCCESS: NINETEENTH-CENTURY UNITED STATES AND GERMANY 3. The Views of the German Historical School on the Issue of International Income Distribution Jürgen G. Backhaus 4. Technical Progress and Obsolescence of Capital and Skills: Theoretical Foundations of Nineteenth-Century US Industrial and Trade Policy Michael Hudson PART III: THE STRATEGY OF FAILURE: LATE TWENTIETH-CENTURY DEINDUSTRIALIZATION AND THE ECONOMICS OF RETROGRESSION 5. Natural Resources, Industrialization and Fluctuating Standards of Living in Peru, 1950–1997: A Case Study of Activity-Specific Economic Growth Santiago Roca and Luis Simabuko 6. Globalization in the Periphery as a Morganthau Plan: The Underdevelopment of Mongolia in the 1990s Erik S. Reinert PART V: TECHNICAL CHANGE AND THE DYNAMICS OF INCOME INEQUALITY 7. Technological Revolutions, Paradigm Shifts and Socio-institutional Change Carlota Perez 8. Income Inequality in Changing Techno-economic Paradigms Chris Freeman 9. Information Technology in the Learning Economy: Challenges for Developing Countries Dieter Ernst and Bengt-Åke Lundvall 10. Diversity: Implications for Income Distribution David B. Audretsch 11. Convergence, Divergence and the Kuznets Curve Ådne Cappelen Index

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Book SynopsisRegulating Development examines the impact that regulation - good or bad - can have on the development of poorer societies. It opens with a succinct review of critical issues, including the implications of the spread of intellectual property rights legislation and the role of the World Trade Organisation (WTO).The volume examines the regulatory experiences of three important developing economies: Brazil, Ghana and South Africa. Key regulatory themes are analysed, most notably capital markets and corporate governance regulation, the regulation of the telecommunications sector and the use of regulatory reforms to promote the development of small- and medium-sized enterprises. Within each chapter policy lessons are drawn, the relevance of which extend well beyond national or even regional boundaries. The principal aim of the book is to show the extent to which regulation is moving increasingly to centre stage as a driver of development in Africa and Latin America. The book also demonstrates how thoughtful, well-planned regulation can make a real contribution to the emergence of supply-side competitiveness.This book will be invaluable reading for academics, researchers and students with an interest in economics and development studies, as well as for regulators and policymakers in developing countries.Table of ContentsContents: Preface 1. Introduction Edmund Amann Part I: General Considerations 2. Creating the Conditions for International Business Expansion: The Impact of Regulation on Economic Growth in Developing Countries – A Cross-Country Analysis Hossein Jalilian, Colin Kirkpatrick and David Parker 3. The World Trade Organisation and Domestic Regulation Peter Holmes 4. Learning to Love Patents: Capacity Building, Intellectual Property and the (Re)production of Governance Norms in the ‘Developing World’ Christopher May Part II: The Latin American Experience 5. From the Developmental to the Regulatory State: The Transformation of the Government’s Impact on the Brazilian Economy Edmund Amann and Werner Baer 6. Brazilian Regulatory Agencies: Early Appraisal and Looming Challenges Andrea Goldstein and José Claudio Linhares Pires 7. Corporate Governance, Regulation and the Lingering Role of the State in the Post Privatized Brazilian Steel Industry Edmund Amann, João Carlos Ferraz and Germano Mendes de Paula Part III: The African Experience 8. Privatization and Regulation in South Africa: An Evaluation Afeikhena Jerome 9. A Comparative Analysis of the Performance of Public and Private Water Utilities in Africa Colin Kirkpatrick, David Parker and Yin-Fang Zhang 10. Why Regulations Matter: A Small-Business Perspective Judi Hudson 11. The Changing Regulatory Environment and its Implications for the Performance of Small- and Medium-sized Enterprises in Ghana Ernest Aryeetey and Ama Asantewah Ahene 12. Regulating for Competition: The Case of Telkom in South Africa Oludele A. Akinboade and Fungai Sibanda Index

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Book SynopsisFrequent references are made to the 'Asian economic miracle' as a means of describing the wave of GDP growth experienced across the Asia-Pacific region over the past twenty years. Implicit in this description is the assumption that the Asia-Pacific region has progressed at the same rate that GDP has risen over the same period. But is this truly the case? Employing a Genuine Progress Indicator as an alternative measure of sustainable welfare, the contributors to this book aim to answer this question by presenting case studies of seven Asia-Pacific nations. The results reveal that all is not as positive as conventional indicators might suggest. The book shows that the three wealthy nations - Australia, New Zealand, and Japan - have long reached a level of GDP beyond which further growth is detrimental to their sustainable welfare while the four poorer nations - China, India, Thailand, and Vietnam - are fast approaching a similar situation, but at much lower per capita levels of sustainable welfare. In view of these results, it is argued that genuine progress in the Asia-Pacific region requires the wealthy nations to focus on qualitative improvement (development) rather than GDP growth. As for the poorer nations, it is argued that population stabilisation demands urgent attention while the GDP growth required over the next two to three decades must be as clean, efficient, and equitable as possible.Sustainable Welfare in the Asia-Pacific will appeal to a wide audience of academics and researchers in the areas of ecological, environmental and natural resource economics, development, green national accounting, and environmental management. It will also find a readership in policymakers, environmental managers and NGOs, particularly in the Asia-Pacific region.Trade Review'Lawn and Clarke have compiled and authored an excellent addition to the literature of ecological economics. . . this is an excellent resource for advanced students, academics and practitioners wishing to galvanise an understanding of the measurement of human progress.' -- Lindsay Greer, FORUM - Centre for Citizenship, Development and Human Rights'. . . I think the authors should be commended for attempting to develop a summary measure that brings together a diverse range of indicators relevant to human well-being.' -- Winton Bates, Asian-Pacific Economic Literature'It is no small thing to shift the burden of proof. Yet that is what Lawn and Clarke, and their colleagues, have done in this remarkable study. . . Thanks to Lawn and Clarke for suggesting many specific policies rooted in a clear analysis. . .' -- From the preface by Herman DalyTable of ContentsContents: Preface Herman Daly PART I: INTRODUCTION TO THE ASIA-PACIFIC REGION AND THE GENUINE PROGRESS INDICATOR 1. An Introduction to the Asia-Pacific Region Philip Lawn and Matthew Clarke 2. Why is Gross Domestic Product an Inadequate Indicator of Sustainable Welfare? Philip Lawn and Matthew Clarke 3. What is the Genuine Progress Indicator and How is it Typically Calculated? Philip Lawn and Matthew Clarke 4. In Defence of the Genuine Progress Indicator Philip Lawn and Matthew Clarke PART II: MEASURING THE GENUINE PROGRESS OF ASIA-PACIFIC NATIONS 5. Genuine Progress in Australia: Time to Rethink the Growth Objective Philip Lawn 6. Calculating the New Zealand Genuine Progress Indicator Vicky Forgie, Garry McDonald, Yanjiao Zhang, Murray Patterson and Derrylea Hardy 7. Genuine Progress in Japan and the Need for an Open Economy GPI Matsuyo Makino 8. Genuine Progress in India: Some Further Growth Needed in the Immediate Future but Population Stabilisation Needed Immediately Philip Lawn 9. From GDP to the GPI: Quantifying Thirty-Five Years of Development in China Zonggou Wen, Yan Yang and Philip Lawn 10. Genuine Progress in Thailand: A Systems-Analysis Approach Matthew Clarke and Judith Shaw 11. Genuine Progress in Vietnam: The Impact of the Doi Moi Reforms Vu Xuan Nguyet Hong, Matthew Clarke and Philip Lawn PART III: GENUINE PROGRESS ACROSS THE ASIA-PACIFIC REGION 12. Genuine Progress Across the Asia-Pacific Region: Comparisons, Trends, and Policy Implications Philip Lawn and Matthew Clarke Index

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Book SynopsisMost of the studies conducted to examine the growth performance of many developing economies are based on the traditional neoclassical growth frameworks. This book takes an alternative path. It employs a blend of historical, neoclassical, Kaldorian, and endogenous growth frameworks to shed further light on the growth process. Whereas most cross-sectional growth analyses tend to focus only on the steady state, this volume is one of the relative few that attempt to trace the whole growth path. In doing so, it addresses a number of important factors and issues associated with economic growth, and aims to answer to one of the hardest and most fundamental questions - how do we get poor developing countries on the path to sustained growth?This innovative book accumulates the various, and often conflicting, growth theories, which enable a greater understanding of the growth processes in the developing world. It will be of interest to students of development studies, Asia studies and public policy, as well as research scholars and practitioners, including government officials and policymakers.Trade Review'Altogether, Taylor's volume provides a role model for how serious research should be done on pressing vital, real-world problems especially those of developing countries.' -- From the foreword by G.C. Harcourt, University of New South Wales, AustraliaTable of ContentsContents: Foreword Preface 1. Introduction 2. Technological Progress and Long-run Economic Growth 3. Endogenous Growth: The Evolution of Technological Progress 4. Initial Conditions and Economic Development: The Malaysian Case 5. The Role of the State in the Development of the Manufacturing Sector 6. Structural Change, Labour Utilization and Economic Growth 7. The Role of Manufacturing in Economic Growth: A Kaldorian Perspective 8. Human Capital Accumulation: Education Development in Malaysia 9. Effects of Human Capital and International Trade on Total Factor Productivity and Economic Growth 10. Summary of Findings and Discussions Appendices References Index

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Book SynopsisThe innovation systems (IS) approach emerged as a theoretical framework in the industrialized world in the mid-1990s to explain innovation and growth in the developed world. This Handbook is the first attempt to adapt the IS approach to developing countries from a theoretical and empirical viewpoint. The Handbook brings eminent scholars in economics, innovation and development studies together with promising young researchers to review the literature and push theoretical boundaries. They critically review the IS approach and its adequacy for developing countries, discuss the relationship between IS and development, and address the question of how it should be adapted to the realities of developing nations.Spanning national, sectoral and regional innovation systems across Asia, Latin America and Africa, and written by the world's leading scholars within the field, this comprehensive Handbook will strongly appeal to academics, researchers and students with an interest in innovation and technology in developing countries.Trade Review'. . . this ambitious project definitely succeeds in putting together coherently a relatively recent body of research, and in arguing that a new policy approach to development is needed: one that puts knowledge accumulation at its core, that recognises the complex nature of learning processes and the need of new institutions to stimulate them. For the many who believe in the urgency of revising development strategies and policies in such a direction, this work is a must-read and a highly valuable teaching and reference aid. It is hoped that, as the editors themselves wish, it will serve as a stimulus for further theoretical and empirical efforts in this crucial field of research.' -- Elisabetta Marinelli, Science and Public PolicyTable of ContentsContents: 1. Innovation System Research and Developing Countries Bengt-Åke Lundvall, Jan Vang, K.J. Joseph and Cristina Chaminade PART I: INNOVATION AND DEVELOPMENT 2. Building Inclusive Innovation Systems in Developing Countries: Challenges for IS Research Tilman Altenburg 3. Innovation, Poverty and Inequality: Cause, Coincidence, or Co-evolution? Susan E. Cozzens and Raphael Kaplinsky 4. Innovation Systems, Technology and Development: Unpacking the Relationships Jan Fagerberg and Martin Srholec PART II: SCALES IN INNOVATION SYSTEMS: THEORETICAL PROGRESS AND EMPIRICAL OVERVIEW 5. National Innovation Systems in Developing Countries: The Chinese National Innovation System in Transition Xielin Liu 6. Regional Innovation Systems in Developing Countries: Integrating Micro and Meso-level Capabilities Ramón Padilla-Pérez, Jan Vang and Cristina Chaminade 7. Sectoral Innovation Systems in Developing Countries: The Case of ICT in India K.J. Joseph 8. The Global Dimension of Innovation Systems: Linking Innovation Systems and Global Value Chains Carlo Pietrobelli and Roberta Rabellotti PART III: BUILDING BLOCKS IN INNOVATION SYSTEMS IN DEVELOPING COUNTRIES: CHALLENGES UNDER GLOBALIZATION 9. The Role of Indigenous Firms in Innovation Systems in Developing Countries: The Developmental Implications of National Champion Firms’ Response to Underdeveloped National Innovation Systems Helena Barnard, Tracy Bromfield and John Cantwell 10. The Role of Multinational Corporations in National Innovation Systems in Developing Countries: From Technology Diffusion to International Involvement Anabel Marin and Valeria Arza 11. The Role of Universities in Innovation Systems in Developing Countries: Developmental University Systems – Empirical, Analytical and Normative Perspectives Claes Brundenius, Bengt-Åke Lundvall and Judith Sutz PART IV: IS-BASED POLICIES IN THE NEW GLOBAL SETTING 12. Institutions and Policies in Developing Economies Mario Cimoli, Giovanni Dosi, Richard R. Nelson and Joseph E. Stiglitz 13. Designing Innovation Policies for Development: Towards a Systemic Experimentation-based Approach Cristina Chaminade, Bengt-Åke Lundvall, Jan Vang and K.J. Joseph Epilogue: Which Way Now? Bengt-Åke Lundvall, K.J. Joseph, Cristina Chaminade and Jan Vang Index

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Book SynopsisThe authors of this timely book investigate various forms and measures of corruption, examine whether corruption is more acute in Persian Gulf countries than elsewhere, and illustrate the unique forms it takes in oil- and natural gas-rich economies. They also analyze the major factors that promote corrupt practices and how they impact economic growth and social development. While corruption is globally pervasive and adversely affects the interests of citizens worldwide, it has perhaps received the most notoriety in developing countries that have an abundance of mineral deposits. Among these developing countries, the oil-exporting countries of the Persian Gulf have received a significant amount of this attention in the popular media. This book argues that for intergenerational equity to be preserved while exploiting oil and gas reserves, other forms of capital must replace their depletion to preserve a constant capital stock. Corruption, wasteful expenditures - such as spending on armament and war - and even productive expenditures - those that enrich individual segments of society - rob much of the world's population. The authors conclude the book by offering a radical solution for containing corruption in natural resource-rich countries. This timely and thought-provoking work will resonate within the academic and business worlds alike. Those interested in Middle Eastern studies, the Persian Gulf, multinational corporations, corporate governance efforts and private NGOs will find this book of particular importance.Table of ContentsContents: Preface 1. Introduction to Corruption in the Persian Gulf 2. Islamic Teachings and Corruption 3. A Review of the Causes and Consequences of Corruption 5. The Impact of Oil and Gas Dependency on Corruption 6. Corruption, Economic Growth and the Petroleum Sector in the Persian Gulf 7. Addressing Corruption, the Natural Resource Curse and Intergenerational Equity in the Persian Gulf References Index

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Book SynopsisThe fading explanatory power of earlier development theories in providing a satisfactory account of diverse developmental experiences has necessitated a new framework to understand economic development. Bilin Neyapti presents this new framework, known as New Development Economics (NDE), which combines new institutional economics with collective action theory to explain the dynamic interaction between institutions and economic development.Besides reviewing earlier development theories and the fundamental building blocks of NDE, the author uses the NDE framework to present theoretical underpinnings and panel evidence on the effectiveness of fiscal and monetary institutions. The book incorporates the essential elements of institutional theory and highlights the issues pertaining to the measurement of institutional characteristics and the empirical analyses involving such measurement. It provides the theoretical framework of and empirical evidence on fiscal institutions, covering budgetary rules and procedures as well as fiscal decentralization, and reviews the theoretical framework for monetary institutions such as central bank independence, currency boards, monetary unions and inflation targeting in addition to providing empirical evidence on their effectiveness. The role of bank regulation and supervision is also investigated. This path-breaking and original book will prove a fascinating read for a wide-ranging audience including academics, think tanks, international development agencies and policymakers within the fields of development, economics, heterodox economics and money, banking and finance.Trade Review'Bilin Neyapti provides a framework for understanding some of the most important issues confronting the world's economy today. Viewing the government as a social planner charged with the task of delivering sustainable development as a public good, she examines features of global markets such as central bank independence, inflation targeting, monetary unions, and currency boards, in each case evaluating the capacity of the relevant institutions to deliver efficiency, equality, and stability over the long term. Neyapti's broad-ranging and ambitious book should be of value to anyone interested in the development and improvement of the institutions undergirding the world's financial system.' -- - Geoffrey P. Miller, New York University Law School, US'Poor nations have learned the hard way that there is no greater threat to their economic development than macroeconomic crises. Avoiding macro instability in turn depends on good monetary and fiscal institutions. This book by Bilin Neyapti - part textbook, part treatise - is a terrific synthesis of the relevant literature and an excellent addition to it.' -- Dani Rodrik, Harvard University, USTable of ContentsContents: Preface Introduction 1. A Modified Approach to Development Economics 2. The Model and Empirics 3. Fiscal Institutions and Empirical Evidence 4. Institutions of Monetary Policy and the Financial Sector: Theory and Evidence Conclusion References Index

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Book SynopsisTourism and Sustainable Economic Development highlights the opportunities and risks of nature-based tourism for economic development and explores selected strategies for sustainability. The prospect of tourism growth is a potential source of major challenges and considerable threats on a number of levels. The concept of sustainable tourism development has thus become the focus of the debate on this subject. This invaluable book aims to provide useful analytical and empirical tools in support of the idea that sustainability is not just about regulating and controlling the negative impacts of tourism. It is also about policies and actions that aim to reinforce the benefits and reduce the costs of tourism, in order to make it more profitable now and in the future.The chapters focused on economic modelling offer a valuable overview of the main issues currently debated at the academic level. The book also illustrates a number of empirical instruments that will provide a useful reference for academics and policymakers interested in how to put theory into practice. This study will be of great value to economists, geographers and to those who have a direct or indirect interest in tourism economics.Trade Review'An exceptionally well informed and meticulous scholarly analysis of the source of tourism as both a boon to and a bane upon the economies of developing nations. . . highly recommended for college library collections and personal reading lists on the subject of international economics in general, and the economic impact of tourism in particular.' -- - Library Bookwatch, Midwest Book ReviewTable of ContentsContents: Introduction PART I: MODELLING TOURISM DEVELOPMENT 1. Tourism, Growth and Pollution Abatement Fabio Cerina 2. Specialised Trade, Growth Differentials and the Performance of Tourism Economies Simone Valente 3. Tourism Development and Environmental Quality: Long-Run Effects of Monopoly Power Sauveur Giannoni and Marie-Antoinette Maupertuis 4. The Economics of Local Tourist Systems Guido Candela, Paolo Figini and Antonello E. Scorcu 5. Inbound Tourism and Internal Migration in a Developing Economy Jean-Jacques Nowak and Mondher Sahli 6. Tourism, Jobs, Capital Accumulation and the Economy: A Dynamic Analysis Chi-Chur Chao, Bharat R. Hazari, Jean-Pierre Laffargue, Pasquale M. Sgrò and Eden S.H. Yu PART II: MEASURING AND ASSESSING THE ECONOMIC SUSTAINABILITY OF TOURISM 7. The Volatility of Growth and Tourism Earnings Anil Markandya and Suzette Pedroso-Galinato 8. Managing Value-at-Risk in Daily Tourist Tax Revenues for the Maldives Michael McAleer, Riaz Shareef and Bernardo da Veiga 9. Uncovering the Macrostructure of Tourists’ Preferences: a Choice Experiment Analysis of Tourism Demand to Sardinia Rinaldo Brau and Davide Cao 10. Linking Environmental Quality Changes and Tourism Demand with the Repeat Visits Method Sophie Avila-Foucat and Juan L. Eugenio-Martin 11. Social Carrying Capacity of Mass Tourist Sites: Theoretical and Practical Issues about its Measurement Silva Marzetti Dall’Aste Brandolini and Renzo Mosetti Conclusion Index

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Book SynopsisIn this innovative collection, Oded Galor brings together some of the most influential contributions to the modern literature on income distribution and economic growth. Initially the essential volume analyses the importance of inequality and development, past and present. Further, it explores human capital formation, gender inequality, landownership, ethical division and political transitions. The editor has written an authoritative and lively introduction that provides a much-needed insight into this valuable field of study.Table of ContentsContents: Acknowledgements Introduction Inequality and the Development Process: An Overview Oded Galor PART I INEQUALITY AND DEVELOPMENT: PAST AND PRESENT 1. A.B. Atkinson (1997), ‘Bringing Income Distribution in from the Cold’ PART II THE ORIGINS OF THE MODERN PERSPECTIVE 2. Oded Galor and Joseph Zeira (1993), ‘Income Distribution and Macroeconomics’ PART III THE CREDIT MARKET IMPERFECTION APPROACH 3. Abhijit V. Banerjee and Andrew F. Newman (1993) ‘Occupational Choice and the Process of Development’ PART IV THE POLITICAL ECONOMY PERSPECTIVE 4. Alberto Alesina and Dani Rodrik (1994), ‘Distributive Politics and Economic Growth’ 5. Torsten Persson and Tabellini Guido (1994), ‘Is Inequality Harmful for Growth?’ 6. Roland Benabou, (2000), ‘Unequal Societies: Income Distribution and the Social Contract’ PART V A UNIFIED THEORY OF INEQUALITY AND ECONOMIC DEVELOPMENT 7. Oded Galor and Omer Moav (2004), ‘From Physical to Human Capital Accumulation: Inequality and the Process of Development’ PART VI INEQUALITY AND HURDLES FOR HUMAN CAPITAL ACCUMULATION 8. Kenneth L. Sokoloff and Stanley L. Engerman (2000), ‘History Lessons: Institutions, Factor Endowments, and Paths of Development in the New World’ 9. Oded Galor, Omer Moav and Dietrich Vollrath (2008), ‘Inequality in Landownership, the Emergence of Human- Capital Promoting Institutions, and the Great Divergence’ PART VII INEQUALITY AND SOCIAL AND POLITICAL TRANSITIONS 10. Daron Acemoglu and James A. Robinson (2000), ‘Why did the West Extend the Franchise? Democracy, Inequality, and Growth in Historical Perspective’ 11. Oded Galor and Omer Moav (2006), ‘Das Human-Kapital: A Theory of the Demise of the Class Structure’ PART VIII INDUSTRIALIZATION, GENDER INEQUALITY AND FERTILITY 12. Oded Galor and David N. Weil (1996), ‘The Gender Gap, Fertility, and Growth’ 13. David de la Croix and Matthias Doepke (2003), ‘Inequality and Growth: Why Differential Fertility Matters’ PART IX ETHNIC DIVISION 14. William Easterly and Ross Levine (1997), ‘Africa’s Growth Tragedy: Policies and Ethnic Divisions’ 15. Alberto Alesina, Arnaud Devleeschauwer, William Easterly, Sergio Kurlat and Romain Wacziarg (2003), ‘Fractionalization’ PART X EMPIRICAL FINDINGS 16. Roberto Perotti (1996), ‘Growth, Income Distribution, and Democracy: What the Data Say’ 17. Abhijit V. Banerjee and Esther Duflo (2003), ‘Inequality and Growth: What Can the Data Say?’ 18. William Easterly (2007), ‘Inequality Does Cause Underdevelopment: Insights from a New Instrument’ Name Index

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Book SynopsisChina, India and Beyond challenges the widespread belief that China and India will be the driving forces of the global economy in the 21st century. Scholars of these two countries offer scenarios ranging from buoyant to subdued to negative, depending on how they evaluate the drivers of development (market-oriented reforms, global integration and investment in human capital), and its limitations (infrastructure bottlenecks, environmental degradation and institutional frailties). The book covers a broad set of topics, including international trade and investment, health care and grassroots democracy. Readers from all countries will benefit from this cogent analysis of the delicate balance among the various ingredients of successful development versus failure.This timely book will appeal to political scientists, economists and other social scientists conducting research and teaching courses in political economy, development studies, globalization and public policy. Policy-oriented researchers and policymakers will also find this study an important resource.Table of ContentsContents: Foreword: The Asian Miracle and its Implications Lawrence Summers Introduction Natalia Dinello and Wang Shaoguang PART I: CHINA’S BOOM AND INDIA’S GROWTH 1. Perspectives on China’s Economic Growth: Prospects and Wider Impact Linda Y. Yueh 2. India’s Growth: Past and Future Shankar Acharya 3. Asian Century or Multipolar Century? David Dollar PART II: DRIVERS AND LIMITATIONS OF DEVELOPMENT 4. Specialization Patterns under Trade Liberalization: Evidence from India and China Choorikkadan Veeramani 5. Sources of China’s Export Growth Roberto Álvarez and Sebastián Claro 6. Trade Liberalization and R&D Investment: Evidence from Manufacturing Firms in India Mavannoor Parameswaran 7. Public–Private Partnership in the Provision of Health Care Services to the Poor in India A. Venkat Raman and James Warner Björkman 8. Labor Market Informalization and Implications for Sustainable Growth Du Yang, Cai Fang and Wang Meiyan 9. Financing China’s Entrepreneurs: The Role of Legislative Membership Wubiao Zhou 10. Grassroots Democracy, Accountability and Income Distribution: Evidence from Rural China Yan Shen and Yang Yao Index

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Book SynopsisIndustrial ecology provides a rigorous and comprehensive description of human production and consumption processes in the larger context of environmental and socioeconomic change. This volume offers methodologies for such descriptions, with contributions covering both basic and advanced analytical concepts and tools to explore the dynamics of industrial ecosystems, concentrating specifically on regions and networks.Each of the book's three parts contains an introduction by a leader in the field, as well as chapters ranging from conceptual models to case study applications. The first part offers an introduction to the main themes and issues surrounding regional and networked industrial ecosystems. The subsequent two parts broaden and deepen the discussion with emphasis on the regional and network characters relevant for analysis and management. The scale of issues ranges from buildings to regions to entire nations, with methods that range from input-output analysis to computer-assisted simulation games.Researchers in the fields of industrial ecology, ecological economics, environmental and energy policy, environmental engineering, and resource and environmental economics will find this comprehensive book of great interest.Table of ContentsContents: Foreword John R. Ehrenfeld PART I: CONCEPTS AND METHODS 1. The Dynamics of Regional and Networks in Industrial Ecosystems: Background and Concepts Matthias Ruth and Brynhildur Davidsdottir 2. Dynamics of Geographically Based Industrial Ecosystems Marian R. Chertow PART II: REGIONAL DYNAMICS AND INDUSTRIAL ECOSYSTEMS 3. Regional Dynamics and Industrial Ecosystems: An Introduction David L. Rigby 4. Spatial and Temporal Life Cycle Assessment: Ozone Formation Potential from Natural Gas Use in a Typical Residential Building in Pittsburgh, USA Shannon M. Lloyd and Robert Ries 5. Estimating Generalized Regional Input–Output Systems: A Case Study of Australia Blanca Gallego and Manfred Lenzen 6. The Economic and Environmental Consequences of Reduced Air Transport Services in Pennsylvania: A Regional Input–Output Life Cycle Assessment Case Study Gyorgyi Cicas, Chris T. Hendrickson and H. Scott Matthews 7. Design Approach Frameworks, Regional Metabolism and Scenarios for Sustainability Tim Baynes, Jim West and Graham M. Turner PART III: EVOLUTION OF NETWORKS IN INDUSTRIAL ECOLOGY 8. Learning and Evolution in Industrial Ecosystems: An Introduction Peter M. Allen 9. A Framework for Analysis of Industrial Networks Ruud Kempener, Brett Cohen, Lauren Basson and Jim Petrie 10. Understanding and Shaping the Evolution of Sustainable Large-Scale Socio-Technical Systems Igor Nikolic, Gerard P.J. Dijkema and Koen H. van Dam 11. Futures Scenarios of Industrial Ecosystems: A Research Design for Transportation Planning Paul Beavis, John A. Black, James Lennox, Graham M. Turner and Stephen J. Moore 12. PowerPlay: Developing Strategies to Promote Energy Efficiency Matthias Ruth, Clark Bernier, Alan Meier and John ‘Skip’ Laitner 13. The Dynamics of Regions and Networks in Industrial Ecosystems: Retrospect and Prospect Brynhildur Davidsdottir and Matthias Ruth Index

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Book SynopsisThis is a thorough and comprehensive study - both in terms of country coverage and in-depth analysis - covering the economic development of all the major economies in the Asian continent, namely China, India, Japan, South Korea, Taiwan, Malaysia and Singapore.Before embarking on analyses of different aspects of economic growth and development of these countries, the authors present a thought-provoking analysis of how institutional factors such as geography, history of religion, culture and political governance have been deeply interwoven with development dynamics to shape the growth and development trajectory that each country has subsequently followed. Each country’s development path consequently appeared almost be pre-determined. Japan’s role as the lead-country in technology transfer under the flying-geese pattern of development is discussed, however the emphasis has shifted of late to China, India, Korea, Malaysia and Singapore. The authors also propose that instead of discussing the failure of India to catch up with China in growth and development outcomes, economists should be commenting on whether China, bestowed with India’s highly decentralized democratic governance structure and institutional rigidities, would have been able to achieve the same results as that of India. Only then will a true understanding and appreciation of India’s achievements in economic growth and development emerge.Economic Development in China, India and East Asia will be warmly welcomed and appreciated by academics and researchers of international and development economics as well as Asian development and economics. Policy makers and those involved in NGOs in the development and aid arenas will also find this of great interest.Trade Review’This is an unusually rich and comprehensive comparative analysis of industrialisation and development in Asia. Drawing on the diverse experiences of Malaysia, Singapore, China, India and more, Roy, Blomqvist and Clark skilfully tease out the common institutional threads and the subtle differences in their developmental trajectories. An essential reading for all those interested in the lessons from Asian development.’- Jude Howell, London School of Economics, UKTable of ContentsContents: Preface 1. Evolution of the Developmental State 2. Institutional Foundations of a Developmental State 3. Institutional Foundations of East Asian and South Asian States 4. Trade, Technology and Industrialization in the Asian States 5. Growth and Income Distribution in the Asian States 6. Poverty and Human Development in the Asian States 7. Managing Development in the Asian States 8. Should Political Openness Precede Economic Openness? The Asian Experience 9. Development and Institutions in Asia: Pertinent Lessons References Index

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

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Book SynopsisThis fascinating book considers one of the most important problems in economics: the inception of modern economic development. There is at present no satisfactory explanation of the inception of modern economic development; an excessive focus on either pure theory or on unique histories limits the explanatory power. This book realises the need to integrate the two approaches, moving beyond the proximate causes of economic theory to review the role in an analytic narrative of significant ultimate causes - geography, risk environments, human capital, and institutions. Colin White distils the conclusions of a vast literature, drawing from economics, economic history and business and management, exploring economic theory, demonstrating limitations and highlighting alternative approaches. Particular attention is paid to the appropriate role of innovative entrepreneurs and of government, and three case studies illustrate how to build an analytic narrative. Showing how far we can generalise about the determinants of economic development and in particular how to understand the specific determinants in individual countries, this book will prove a stimulating and thought provoking read to academics, students and researchers with an interest in economics and economic development.Trade Review'An invaluable survey of the literature on growth. Colin White argues persuasively and expertly that any attempt to solve the profound mystery of economic growth at the large scales of world history must move beyond the limited vision of neo-classical economic theory, and incorporate the narrative methods and perspectives of history as well. This is a superb overview and critique of contemporary attempts to explain economic growth, and a perceptive re-examination of the whole issue of growth in human history.' -- David Christian, Macquarie University, Australia'Colin White transcends a number of false dichotomies in this work. He shows that we need both theory and history in order to comprehend the transition to modern economic growth. He appreciates that this transition was neither inevitable as many theorists argue nor entirely contingent as historical treatments often suggest. He argues that advice to present-day less developed countries should combine a general understanding of the process of transition with detailed analysis of the history and conditions of the country in question. He appreciates that it makes sense to speak of an Industrial Revolution while also recognizing that this was a gradual process that in turn built upon even more gradual changes in earlier centuries in the British economy. Less obviously but importantly he realizes that we can best understand economic growth if we recognize the limitations of each scholarly approach in order to integrate the best of these.' -- Rick Szostak, University of Alberta, CanadaTable of ContentsContents: Preface Part I: Introduction: Theory and History 1. The Role of Theory and History in Explaining Modern Economic Development 2. The Conventional Wisdom of the Economist 3. The Optimist’s View: Convergence 4. Introducing Real Time with a Narrative Part II: Ultimate Causes: A Fixed or Malleable Context 5. Resources as a Stimulant or Constraint: The Role of Geography 6. Geography and Beyond: The Importance of Risk Environments 7. Human Capital: Education, Health and Aptitude 8. The Institutional Setting: Government, Market and Civil Society Part III: The Driving Forces 9. Innovation as a Prime Mover 10. Government Provides the Context: Motivation and Policies Part IV: Devising Appropriate Narratives 11. Release from the Malthusian Trap 12. Continuity and Discontinuity: The Meaning of the Industrial Revolution 13. The Rise and Fall of the Soviet Union: The Failed Experiment Part V: Conclusions 14. Causes and Complexity Bibliography Index

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Book SynopsisThe contributors to this original volume of theoretically grounded case studies of the entrepreneurial phenomenon look at the process of entrepreneurship in the emerging regions of India, China, Ireland, Eastern Europe, North and South America, and North and South-East Asia. The book's organization is designed to take the reader from a general framework for understanding the relationship between economic development and entrepreneurship to more specific examples of how entrepreneurs and their firms respond to the opportunity and threats that are dynamically evolving in such places. The case studies provide scholars with the opportunity to develop theoretically grounded research questions that will advance the field beyond what we already know from previous work in the contexts of the US and developed economies. The book represents the first serious attempt to suggest new theoretical frameworks for understanding the emergence of entrepreneurship in regions that do not have all of the classical prerequisites (such as financial and human capital, favorable geography, institutional infrastructures, and so on) predicted in extant development models. This book takes an important step forward in our knowledge of entrepreneurship and will be of great interest to scholars and graduate students in business, economic development, and regional studies; policymakers in economic development, technology transfer, and financial markets; and journalists following business and development issues in emerging regions.Table of ContentsContents: Introduction Phillip H. Phan, Sankaran Venkataraman and S. Ramakrishna Velamuri PART I: INSTITUTIONAL DETERMINANTS OF ENTREPRENEURSHIP IN EMERGING REGIONS 1. The Dynamics of an Emerging Entrepreneurial Region in Ireland Frank Roche, Rory O’Shea, Thomas J. Allen and Dan Breznitz 2. The Entrepreneurial Drivers of Regional Economic Transformation in Brazil José Cezar Castanhar, João Ferreira Dias and José Paulo Esperança 3. Institutional Transformation During the Emergence of New York’s Silicon Valley Andaç T. Arıkan PART II: GOVERNMENT AND NON-GOVERNMENTAL ORGANIZATION INFLUENCES ON ENTREPRENEURSHIP IN EMERGING REGIONS 4. Institutional Entrepreneurship in the Emerging Regional Economies of the Western Balkans Denise Fletcher, Robert Huggins and Lenny Koh 5. The Role of Government in the Formation of Late Emerging Entrepreneurial Clusters of India Kavil Ramachandran and Sougata Ray PART III: EMERGENCE OF VENTURE CAPITAL IN ENTREPRENEURIAL ECONOMIES IN EMERGING REGIONS 6. A Comparative Analysis of the Development of Venture Capital in the Irish Software Cluster Frank Barry and Beata Topa 7. Policy Intervention in the Development of the Korean Venture Capital Industry Seungwha (Andy) Chung, Young Keun Choi, Jiman Lee, Sunju Park and Hyun-Han Shin PART IV: FIRM LEVEL RESPONSES TO ENTREPRENEURIAL OPPORTUNITIES IN EMERGING REGIONS 8. The Founding Conditions of Entrepreneurial Firms as a Function of Emerging Institutional Arrangements in China Atipol Bhanich Supapol, Eileen Fischer and Yigang Pan 9. The Entrepreneurial Role of Border Traders in Laos and Thailand Edward Rubesch 10. The Value of Social Capital to Family Enterprises in Indonesia Michael Carney, Marleen Dieleman and Wladimir Sachs Conclusion Phillip H. Phan, Sankaran Venkataraman and S. Ramakrishna Velamuri Index

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Book SynopsisUsing the rational choice approach, Syed Mansoob Murshed analyses the motivations behind civil war and identifies growth and institutional failure as catalysts of the greed and grievance that characterise the onset and persistence of civil war. This book explores the pre-conditions for conflict in terms of growth failure and critically appraises the greed and grievance theories common to conflict literature. It is argued that various institutional mechanisms of restraint that can be labeled the 'social contract' are crucial for violent conflict avoidance. The reasons underpinning the instability of treaties ending civil wars, post-conflict reconstruction issues, liberal peace theory, and how globalization and conflict relate are also examined. Explaining Civil War will be of interest to development economists and political scientists, as well as to students and researchers of political economy and conflict studies.Trade Review'Conflict is now identified as one of the most significant sources of development failure and thus of growing income divergence between nations. Dr. Murshed's book addresses the issues of weak institutions, conflict, and slow growth. It presents a synthesis of the existing theories, and provides many new insights. It will certainly be much consulted and read by academics, policy-makers and all those who are interested in the causes of conflict and post-conflict reconstruction.' -- Branko Milanovic, The World Bank'Masterfully integrating the logic of formal economic models, the insights of normative philosophy, and evidence from empirical analysis, Syed Mansoob Murshed explains civil wars. This is a brilliant, original work.' -- Scott Gates, PRIO and Norwegian University of Science and Technology, Norway'This masterly book succinctly surveys contemporary literature on the sources of conflict in developing countries as well as policies to secure a stable peace, including many insightful contributions by the author. The treatment of this important but controversial field is both informative and well balanced. It should be essential reading for all students and policy makers who believe that policy should be evidence-based.' -- Frances Stewart, University of Oxford, UKTable of ContentsContents: 1. Introduction 2. Growth and Conflict 3. Greed and Grievance 4. The Uneasy Commitment to Peace 5. The Social Contract and Lasting Peace 6. Post-War Economic Reconstruction 7. The Liberal Peace and Globalization 8. Conclusions References Index

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Book SynopsisThis unique book uses a transaction cost perspective to illustrate how hierarchies influenced the structure of markets and behaviour of individual businesses and cartels in pre-revolutionary, Soviet and present-day Russia. Ekaterina Brancato exposes the devastating effects of self-interested decision-making of government officials on economic growth, and highlights the inefficiencies of the legal system in Russia. She demonstrates that throughout Russian history considerable state involvement in the economy has meant that some markets were highly regulated; for most of the 20th century, open markets were suppressed by the political regime, and entrepreneurial success has been dependent on networking. The general population, the author argues, has exhibited an inadequate propensity to self-govern. In addition, the laws of contract and private property, crucial for development of markets, have been ineffective. The book concludes that, consequently, the cost of market transactions has been high and the cost of social networking through hierarchies relatively low.This book will strongly appeal to academics and students specializing in industrial organization, public choice, transition, entrepreneurship, social networks and cultural studies as well as Russian economic history and political economy. Business and management students focusing on transition economies will also find this book to be of particular interest.Trade Review'Historians have often debate why political factors have dominated economic developments in Russian history, but never as systematically as in this ambitious interdisciplinary study. . . An excellent, highly original work. It will interest a broad scholarly audience including economists, historians, free market advocates, business historians, management specialists, and public policy experts. This well-written volume is an essential holding for research libraries. Highly recommended.' -- J.P. McKay, ChoiceTable of ContentsContents: Foreword by Charles Rowley Part I: Introduction 1. Markets versus Hierarchies 2. Theoretical Background Part II: The Pre-Revolutionary Period 3. The Dominant Role of the State in Governing Economic and Political Affairs 4. Social Norms 5. Status of Merchants Part III: The Soviet Period: 1917–85 6. The Dominant Role of the Soviet State in Governing Economic and Political Affairs 7. Social Networks and Cultural Atavism Part IV: Perestroika and the Post-Soviet Era 8. The Political Economy of the Russian State: Elite Networks 9. Social Networks and Economic Efficiency: Everyday Networks 10. Networks and Post-Soviet Culture Conclusion: The Reality of Russian Political Economy Appendix A: War Statistics Appendix B: Distribution of Serfs Around Moscow Bibliography Index

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Book SynopsisTerutomo Ozawa introduces a newly reformulated theory of 'flying-geese' economic development, exploring Asia's dynamic growth and financial development. This unique book shows how the flying-geese theory can be expanded and applied to both the real- and the financial-sector structural transformation of regionally clustered economies.The author explores an array of concepts - from the ladder of economic development and hegemon-led growth clustering, through 'stages jumbling', to comparative advantage recycling and the Ricardo-Hicksian limits of industrialism - which together help bring an understanding of the dynamics of tandem growth and regional agglomeration in Asia. The book also investigates the causal mechanisms of structural upgrading and emphasizes the critical role of multinational corporations. Throughout this wide-reaching analysis, Terutomo Ozawa advocates a 'flying-geese' way of thinking—that is, to think of Asia's phenomenal growth in hierarchical, dialectical, and evolutionary terms.In a new era of rapid globalization and rising economic nationalism, this timely and insightful book will appeal strongly to scholars and students of international business, economics, political science, and international relations. Those specializing on Asia will find it of particular value.Trade Review'Ozawa is, in many ways, a political-economy pioneer. . . Ozawa shows his vast understanding of the topic by deconstructing each stage of economic development into small, more precise problems. . . Ozawa's vast economic, historical and philosophical knowledge shines through in this book. . . brings a much needed multi-faceted perspective to the subject of economic development. It is written as clearly as economic theory can be, and although it is clearly intended for an academic (political-economy) readership, it is a useful book for the general public as well.' -- Adelina Bulak, Central European Journal of International and Security Studies'... Ozawa's new book, The Rise of Asia, is a blast of fresh air. . . Turning from the production or real economy to the financial or money economy. . . Ozawa [also] proposes an innovative stages theory of the balance of payments, linked to the stages of the production economy. . . The book, moreover, not only analyzes big trends and big policy issues but does so in remarkably lucid and graceful prose, accessible to undergraduates and the general reader.' -- Robert H. Wade, London School of Economics, Winner of the 2008 Leontief Prize in Economics, reviewed in Asia Policy'Ozawa again breaks new ground in reformulating the flying-geese theory. . . This thought-provoking book is a must read, together with the previous one, for anyone who adopts the FG frame of reference for understanding of - and research on - the topic of economic development in an age of ever-deepening integration.' -- From the foreword by Kiyoshi KojimaTable of ContentsContents: Foreword Preface Part I: Agenda 1. Is the Flying-Geese Theory Passé – or Still Relevant? Part II: Real-Sector Growth: Industrial Upgrading 2. Akamatsu’s Flying-Geese Theory – in the Rough 3. A Dynamic Stages Model of Structural Upgrading, Industrial Transplantation, and Knowledge Diffusion 4. Comparative Advantage Recycling in Labor-Driven Growth: An Unprecedented Opportunity for the Poor to Rise? 5. Structural Upgrading, Infrastructure Development, and Insatiable Quest for Natural Resources 6. The Asian Model for Latin America? A Tale of Two Regions Part III: Money/Finance Dimension 7. Borrowed Growth: Balance of Payments, Capital Flows, and Development Finance 8. Creating the World in America’s Own Image? Bibliography Index

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Book SynopsisThis book explores the links between globalization, agriculture and development in a number of contemporary Asia-Pacific nations. It highlights the complex and diversified nature of agricultural change in these contexts, and the ways in which this shapes patterns of economic and social development. Globalisation, Agriculture and Development shows that while agriculture continues to play an important role in local, regional and national development, both the industry and the communities it supports are facing an increasing number of economic, social and environmental challenges.This well-researched book will appeal to undergraduate and postgraduate students in development studies, development economics, geography and rural sociology, public policy, politics and agricultural science. Researchers working in development studies, development economics, human geography, rural sociology, agricultural economics and rural sociology will also find this book beneficial.Trade Review’This book is an ambitious collection of 12 separate papers by different authors from Australia, New Zealand and China. . . The book is well-referenced throughout, with much new material. It is suitable for inclusion in University courses in agriculture, development studies and economic geography. Individual chapters provide up-to-date reference material for any reader interested in recent developments in agriculture for a particular country or region.' -- Mike Daw, Experimental Agriculture'This volume is both opportune and important. The issue of the links between globalization, agriculture and development need urgently to be emphasised in a world economy transfixed by issues of energy, industry and finance, the problems of the triad states, and the rise of the BRICs. The chapters in this volume begin this task through studies of agricultural change in Asia-Pacific countries, including Australia, New Zealand, the ASEAN nations, India and China. They show the uneven impacts of liberalization, contracting, and modernization that bring social change in their wake.’ -- Mike Taylor, University of Birmingham, UKTable of ContentsContents: 1. Globalisation, Agriculture and Development: Perspectives from the Asia-Pacific Matthew Tonts and M.A.B. Siddique 2. Australian Agriculture in the Global Economic Mosaic Neil Argent 3. Market Efficiency, Agriculture and Prosperity in Rural Australia Bill Pritchard and Matthew Tonts 4. Globalisation, Agriculture and Development: New Zealand’s Path to Prosperity? Kenneth E. Jackson 5. Agriculture and Economic Development in India and China: An Overview M.A.B. Siddique 6. Globalisation, India’s Evolving Food Economy and Trade Prospects for Australia and New Zealand Srikanta Chatterjee, Allan Rae and Ranjan Ray 7. Global Integration and Agricultural Productivity in China Yanrui Wu and Zhao Dingtao 8. Globalisation and Agriculture in the ASEAN Region M.A.B. Siddique 9. Agriculture, Development and Southeast Asian Megacities Brian J. Shaw 10. Contract Farming and Technology Transfer: Perspectives from the Philippines’ Oil Palm Industry Paul Huddleston 11. Agriculture, Land Use and Conservation Initiatives in Indonesia: Implications for Development and Sustainability Julian Clifton 12. Globalised Agriculture, Development and the Environment J.N. Callow and Julian Clifton 13. Globalisation, Agriculture and Development in the Asia-Pacific: Reflections and Future Challenges M.A.B. Siddique and Matthew Tonts Index

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

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Book SynopsisThis book examines how policies implemented by members of the Organisation for Economic Co-operation and Development (OECD) affect development and poverty in developing and transition economies. The book focuses on three areas of interaction between developed countries and the rest of the world: trade, migration and foreign direct investment. Global Exchange and Poverty is a great accompaniment to the ongoing debate surrounding OECD policy coherence. By tracing the link between OECD policy and poverty in the developing world, the authors provide the inputs necessary to make policy mutually consistent and coherent within each developed country and coordinated across developed countries in order to avoid contradictions and cumulative unintended consequences.As one of the first books to trace the impact of OECD-country policies on poverty in the developing world, this book will appeal to post-graduate students studying development, particularly poverty, trade, investment and migration. Development practitioners concerned with developed-country policies will also find this of great benefit.Trade Review‘The Global Development Network encourages policy-relevant research from developing countries. This volume assembles some results of this important work, focused here on the influence of policy on foreign trade, migration, and investment and of their influence in turn on growth and poverty in developing countries. Analysis of these influences on particular countries is an essential complement to the large-scale cross-country studies that have become so fashionable. Indeed, this detailed work casts doubt on the generality of some conventional wisdom, although not on the proposition that developing countries can gain significantly from engagement with the world economy. A most useful addition to the policy-relevant literature on developing countries.’ -- Richard N. Cooper, Harvard University, USTable of ContentsContents: Introduction Robert E.B. Lucas, Lyn Squire and T.N. Srinivasan PART I: TRADE 1. Global Economic Institutional, Intellectual and Religious Contacts: A Brief History T.N. Srinivasan 2. The Impact of Technical Barriers to Trade on Argentine Exports and Labor Markets Gabriel Sánchez, Maria Laura Alzua and Inés Butler 3. Agricultural Subsidies, Trade Barriers and Poverty: Household Microsimulation for Colombia Felipe Barrera-Osorio and Marcela Meléndez 4. Trade Liberalization in Southeastern Europe Joze Damijan, José de Sousa and Olivier Lamotte PART II: MIGRATION 5. Poverty Impacts of Romanian Remittances from the EU: Effects of Host-Country Migration Policies Ella Viktoria Kallai and Mircea Teodor Maniu 6. Skill Diffusion by Temporary Migration? Returns from Western European Working Experience in the EU Accession Countries Anna Iara 7. Host-Country Economic Policies and Worker Remittances to Developing Countries: The Cases of Turkey and Mexico Serdar Sayan and Ayça Tekin-Koru PART III: FOREIGN DIRECT INVESTMENT 8. Inequality: The Argentine Experience Daniel Chudnovsky, Andrés López and Eugenia Orlicki 9. The Effect of Policies on FDI Flows to Transition Countries Tom Coupé, Irina Orlova and Alexandre Skiba 10. Does Foreign Ownership Matter for Enterprise Training? Empirical Evidence from Transition Countries Vitaliy Oryshchenko Index

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Book SynopsisFunctional integration in the economy has developed sufficiently in Northeast Asia. The problem, identified by this book, lies in the lag or deficiency of institutional integration. The main impediments to such a move come from non-economic factors including political conflict. This study proposes a Northeast Asian version of the regional integration model. A crisis model and a political leadership model are suggested, with political leadership playing a critical role in utilizing crises to advance regional integration. A market-based transition model and a development model are also offered to show how to ease the transition of North Korea and the development of underdeveloped parts of the region.This book is an objective analysis combining both 'insider' and 'outsider' (most notably US) perspectives of Northeast Asian regionalism. It also usefully applies regional integration theories to the realities of the Northeast Asian situation and presents policy options for regional integration. As the contributions form an interdisciplinary approach, covering economics and political science, the book will appeal to a wide readership. This will include academics and researchers of regional studies, political economy and Asian studies. Practitioners and policymakers working in this area will also appreciate it.Trade Review'Too often analyses of East Asia are written by outsiders. The great merit of this broad-ranging and well-conceived collection is to showcase original perspectives from China, Korea and Japan. As such, it is a welcome addition to the existing literature.' -- Mark Beeson, The University of Birmingham, UKTable of ContentsContents: Preface 1. Introduction: Perspectives and Positions of Major Countries Jehoon Park 2. Regionalism in Northeast Asian: An American Perspective T.J. Pempel 3. Northeast Asian Security Regionalism: A Chinese Perspective Yongtao Liu 4. Northeast Asian Regional Integration: Regional Theories, Current Realities and Future Prospects Young Jong Choi 5. The Progress of Korea’s FTA Policy in the Context of Northeast Asian Economic Cooperation Inkyo Cheong 6. Economic Obstacles to a Northeast Asian FTA Fukunari Kimura and Mitsuyo Ando 7. The FTA Policies of China, Japan and Korea and Prospects for a CJK FTA: Korea’s Perspective Hyungdo Ahn 8. Financial Cooperation within the ASEAN +3: Viability and Prospects Jin-Young Kim 9. European Integration: What Lessons for Northeast Asia? Gérard Roland 10. Conclusion: Searching for Models of Regional Integration in Northeast Asia Jehoon Park Index

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Book SynopsisThis book focuses on what can be learned from the complex processes of industrial, technological and organizational change in the sectoral system of information hardware (IH). The IH innovation system is deliberately chosen to illustrate how sectors act as seeds of economic progress. Detailed firm-level studies were carried out in seven countries, three in Africa (Nigeria, Mauritius and South Africa) and four in Asia (China, Taiwan, Malaysia and Indonesia). Bringing together two important areas of research (the scholarship on technology, innovation and learning, and the development literature) this book creates a useful and novel framework for understanding development, and draws very strong policy lessons for latecomer countries. It will be of great interest to graduate students working on evolutionary economics, science and technology policy studies, as well as policymakers and research institutes.Trade Review'Why have East Asian countries grown so fast and the African countries so slowly for the last quarter century, even though many in the two groups at the beginning of the period had similar income levels? The authors provide an original, thoughtful and extremely insightful approach to this question by considering the experience of the two groups of countries in relation to the development of the information hardware industry. The results of this investigation are fascinating and thoroughly convincing. This volume makes a brilliant path breaking contribution to development economics and thoroughly deserves to be and will be widely read.' -- Ajit Singh, University of Cambridge and University of Birmingham Business School, UK'This book represents an important step forward towards understanding why some countries and regions are successful in catching-up with the rich part of the world while others tend to have great difficulties in doing so. It represents a very happy marriage between the literature on economic development and the literature on innovation and learning. At the end of the book a series of thoughtful recommendations for innovation policy are presented. This volume should be recommended to students and practitioners involved in understanding and promoting economic development.' -- Bengt-Ake Lundvall, Aalborg University, Denmark and Tsinghua University, Beijing, China'In recent years there has been a revolution in studies of economic development. The heart of successful development is seen as the growing mastery by firms of the technological, organizational, and managerial capabilities needed to be effective in a field of economic activity. In turn learning by firms is seen as strongly dependent upon the institutional structures that mold how they operate. And effective institutions are seen as often sectoral specific. The achievement of successful development thus requires that a nation put in place the appropriate institutions. This fine book is an important addition to this literature.' -- Richard R. Nelson, Columbia University, US'The authors demonstrate a good understanding of the theoretical scholarship which they have used competently in building up the intellectual foundations for analyzing the sources of uneven paths of development cross countries in Africa and Asia. Drawing on country data and experiences, the book offers evidence-based policy lessons relevant for learning to innovate and to catch-up in a complex process of industrial, technological and organizational changes at the firm- and sectoral-levels. This book deserves to be read by all those concerned with technology and development.' -- Kande Yumkella, UNIDOTable of ContentsContents: Preface 1. Learning to Innovate: Information Hardware in Asia and Africa 2. The Rapid Rise of China 3. Low Value-Added Operations in Indonesia 4. Rapid Expansion with Slow Upgrading in Malaysia 5. Making a Difficult Transition in Mauritius 6. Weak Institutions Constrain Growth in Nigeria 7. Information Hardware at Incipient Phase in South Africa 8. Taiwan’s Move from Follower to Leader 9. Conclusions and Policy Implications References Index

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Book SynopsisThe law and economics of intellectual property is attracting increased attention as technological innovation continues to have a major impact on economic growth. This authoritative two-volume set brings together the most significant scholarship on intellectual property. It provides comprehensive coverage, with a mix of theory, empirics and institutional details. The emphasis is on more recent writings, although it also includes some early work that continues to provide the platform for contemporary scholarship.This book will be an essential source of reference for both academics, students and practitioners concerned with this exciting new field of research.Trade Review‘Research on intellectual property is a classic topic that, if anything, is even more relevant today because of improvements and diffusion of copying technologies. Margolis and Newmark have done an excellent job of covering the main papers and controversies in this literature, including classic papers by authors such as Barzel, Demsetz, and Posner and more recent important authors such as Lerner and Liebowitz. The volume is an essential resource for anyone interested in understanding the many insights found in the literature on this important and timely topic.’ -- Michael Waldman, Cornell University, USTable of ContentsContents: Volume I Acknowledgements Introduction Stephen E. Margolis and Craig M. Newmark PART I INTELLECTUAL PROPERTY 1. Roger D. Blair and Thomas F. Cotter (2005), ‘The Law and Economics of IPRs’ 2. Richard A. Posner (2002), ‘The Law and Economics of Intellectual Property’ 3. Harold Demsetz (1964), ‘The Exchange and Enforcement of Property Rights’ 4. Harold Demsetz (1970), ‘The Private Production of Public Goods’ 5. Edmund W. Kitch (2000), ‘Elementary and Persistent Errors in the Economic Analysis of Intellectual Property’ 6. Mark A. Lemley (2005), ‘Property, Intellectual Property, and Free Riding’ 7. John F. Duffy (2005), ‘Intellectual Property Isolationism and the Average Cost Thesis’ 8. Mark A. Lemley (2005), ‘What’s Different About Intellectual Property? Reply’ 9. Peter S. Menell (2007), ‘Intellectual Property and the Property Rights Movement’ 10. Richard A. Epstein (2008), ‘The Property Rights Movement and Intellectual Property’ 11. Peter S. Menell (2008), ‘Intellectual Property and the Law of the Land’ 12. Richard A. Epstein (2008), ‘A Final Response to Menell’ 13. R. Polk Wagner (2003), ‘Information Wants to Be Free: Intellectual Property and the Mythologies of Control’ 14. Harold Demsetz (1967), ‘Toward a Theory of Property Rights’ 15. Robert P. Merges (2000), ‘One Hundred Years of Solicitude: Intellectual Property Law, 1900–2000’ PART II COPYRIGHT 16. William M. Landes and Richard A. Posner (1989), ‘An Economic Analysis of Copyright Law’ 17. Wendy J. Gordon (1982), ‘Fair Use as Market Failure: A Structural and Economic Analysis of the “Betamax” Case and Its Predecessors’ 18. S.J. Liebowitz (1985), ‘Copying and Indirect Appropriability: Photocopying of Journals’ 19. Stan J. Liebowitz (2006), ‘File Sharing: Creative Destruction or Just Plain Destruction?’ 20. Richard A. Epstein (1992), ‘International News Service v. Associated Press: Custom and Law as Sources of Property Rights in News’ 21. Stanley M. Besen, Shelia N. Kirby and Steven C. Salop (1992), ‘An Economic Analysis of Copyright Collectives’ Name Index Volume II PART I PATENTS 1. Yoram Barzel (1968), ‘Optimal Timings of Innovations’ 2. Edmund W. Kitch (1977), ‘The Nature and Function of the Patent System’ 3. Donald G. McFetridge and Douglas A. Smith (1980), ‘Patents, Prospects, and Economic Surplus: A Comment’ 4. Mark F. Grady and Jay I. Alexander (1992), ‘Patent Law and Rent Dissipation’ 5. John F. Duffy (2004), ‘Rethinking the Prospect Theory of Patents’ 6. F. Scott Kieff (2001), ‘Property Rights and Property Rules for Commercializing Inventions’ 7. Michael A. Heller and Rebecca S. Eisenberg (1998), ‘Can Patents Deter Innovation? The Anticommons in Biomedical Research’ 8. F. Scott Kieff, (2007) ‘On Coordinating Transactions in Intellectual Property: A Response to Smith’s Delineating Entitlements in Information’ 9. George Bittlingmayer (1988), ‘Property Rights, Progress, and the Aircraft Patent Agreement 10. Bronwyn H. Hall and Rosemarie Ham Ziedonis (2001), ‘The Patent Paradox Revisited: An Empirical Study of Patenting in the U.S. Semiconductor Industry, 1979–1995’ 11. Joshua Lerner (1994), ‘The Importance of Patent Scope: An Empirical Analysis’ PART II TRADE SECRECY AND PROPRIETARY INFORMATION 12. David D. Friedman, William M. Landes and Richard A. Posner (1991), ‘Some Economics of Trade Secret Law’ 13. Edmund W. Kitch (1980), ‘The Law and Economics of Rights in Valuable Information’ 14. Chris Montville (2007), ‘Reforming the Law of Proprietary Information’ PART III TRADEMARK 15. William M. Landes and Richard A. Posner (1987), ‘Trademark Law: An Economic Perspective’ 16. Alex Kozinski (1993), ‘Trademarks Unplugged’ 17. Mark A. Lemley (1999), ‘The Modern Lanham Act and the Death of Common Sense’ 18. Benjamin Klein and Keith B. Leffler (1981), ‘The Role of Market Forces in Assuring Contractual Performance’ 19. I.P.L. Png and David Reitman (1995), ‘Why Are Some Products Branded and Others Not?’ Name Index

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Book SynopsisAs a country's current development is path dependent, the rise of China and its strategic implications can only be understood in a historical context. Hence, the key to understanding contemporary China is the understanding of its past. So far there has been an absence of a comprehensive text dealing with Chinese economic history in the English language. An Economic History of Modern China fills this important gap, focusing on modern Chinese economic growth and comprehensively surveying the patterns of China's growth experience over the past 200 years, from the Opium wars to the present day. Key events are traced back to their foundations in history to explain their impact on China's modern economic growth.Trade Review‘Chai’s meticulous integration of historical events makes this concise yet comprehensive study a superb work.’ -- B.F. Hope, Choice‘This book is a remarkable tour de force. Joseph Chai offers a fine synthesis of thinking about the nature and origins of China’s long-run economic growth and structural change. Through the meticulous use of an impressive range of sources, he explores some of the most challenging puzzles of China’s economic history, such as its failure to match the modern industrial revolutions of Western Europe, or, closer to home, to rival Japan’s economic transformation in the final decades of the nineteenth century. His definition of history is broad and his narrative extends down to the present day, thereby illuminating continuities and discontinuities across not only the historical divides of 1840 and 1911, but also those of 1949 and 1979. But despite its ambitious scope, Chai’s analysis is authoritative, nuanced and full of detail. It will surely become necessary reading not only within the academic community of China scholars and students, but also among that even larger audience of readers seeking to understand the “rise of China”.’ -- Robert Ash, University of London, UK‘For most people interested in the contemporary Chinese economy, the story begins with Deng Xiaoping’s policy of Opening and Reform in 1978. This is especially true of students from China, where modern history is still taught in a simple, politically determined framework. This situation urgently needs remedying and Joseph Chai’s new book is a valuable step in this direction. Chai surveys China’s economic growth from the earliest times to the present day explaining the key turning points and the intellectual puzzles that arise in this long evolution. This book will be of interest to the general reader and will be valuable as a textbook for students studying any aspect of China’s current development and prospects.’ -- Christopher Howe, University of London, UK‘Joseph Chai places the recent phase of China’s spectacular economic growth in its historical context in his well-researched, interesting and accessible overview of the economic history of China. Because no similar up-to-date book is available in English, English readers will find this book particularly welcome. Valuable attributes of his exposition include analyses of various economic puzzles (for example, why did China, which was once the world’s economic leader, falter, suffer economic retardation, fall behind Europe and begin its economic resurgence later than Japan?) and his thoughtful considerations of the prospects for China’s future economic growth. This book is highly recommended.’ -- Clem Tisdell, The University of Queensland, AustraliaTable of ContentsContents: Introduction Part I: The Traditional Economy 1. Population 2. Agriculture 3. Urbanization and Traditional Industry 4. Trade 5. Social Structure 6. Why China Failed to Industrialize Part II: Transition to Modern Economic Growth 7. Growth of Foreign Trade and Investment 8. The Rise of Modern Sectors and their Impact 9. Why Japan Succeeded and China Failed Part III: Modern Economic Growth Under Socialism 10. The Soviet Model 11. The Great Leap Forward 12. The Great Famine 13. The Cultural Revolution 14. Socialist Modern Economic Growth: The Outcome Part IV: Reform and Growth Acceleration 15. The Reforms 16. Towards a New Growth Strategy 17. The Rise of China 18. China’s Modern Economic Growth: Retrospect and Prospect References Index

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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