Development economics Books

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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Book SynopsisThis unique book considers competition policy and regulation in light of the recent introduction of the anti-monopoly law in China. It addresses the relevance of competition policy for China from a broad theoretical and practical perspective, bringing together lawyers and economists from China, Europe and the US to provide an integrated law and economics approach. Given that the development of the Chinese anti-monopoly law in China was heavily reliant on a comparative approach, the contributors analyze how its text and practice actually compare to European and US legislation. The first cases in which Chinese anti-monopoly law were applied are explored, and both competition law and competition policy are discussed in detail. Topics include: industrial and professional regulation and their relationship to competition law, merger control, substantive competition law issues, cartels, and abuse of dominance and predation.This unique book will prove a fascinating read for competition lawyers, economists with a special interest in regulation and competition, and for practitioners concerned with competition policy and regulation. Contributors include: L.A. Andres, F.-L. Chen, M. Faure, R. Gilbert, J.L. Guasch, Y. Huang, R. Pardolesi, N. Philipsen, D. Rubinfeld, T. Ulen, R. Van den Bergh, S. Weishaar, D. Yu, L. Yu, V. Zhang, X. Zhang, Z. ZhangTrade Review‘. . . this edited collection should make for an interesting read for those interested in Chinese competition law, especially in abuse of administrative monopoly.’ -- Thomas K. Cheng, World CompetitionTable of ContentsContents: 1. Introduction/Editorial Foreword Michael Faure and Xinzhu Zhang PART I: GENERAL ISSUES 2. The Uneasy Case for Competition Law and Regulation as Decisive Factors in Development: Some Lessons for China Thomas S. Ulen 3. Study on Frontier Issues and the Future Road of Regulation Over Monopoly Agreements in China Yong Huang and Zhe Zhang 4. Critical Issues in the Enforcement of the Anti-Monopoly Law in China: A Law and Economics Perspective Roger Van den Bergh and Michael Faure PART II: COMPETITION LAW AND ADMINISTRATIVE MONOPOLIES 5. The Measure of Regional Administrative Monopoly in China Liangchun Yu and Donghua Yu 6. Administrative Monopolies, State Aid, Barriers to Entry and Market Integration: Challenges for the Chinese Anti-Monopoly Law Stefan Weishaar 7. Regulation and Corporate Governance of State-owned Enterprises: Issues for Improved Efficiency and Competitiveness and Lessons for China Luis Alberto Andrés, José Luis Guasch and Sebastián López Azumendi PART III: INDUSTRIAL AND PROFESSIONAL REGULATION 8. The Industrial Regulation of China: Basic Experiences and Lessons Fuliang Chen 9. Professional Licensing and Self-regulation in Europe and China: A Law and Economics Perspective Niels Philipsen PART IV: MERGER CONTROL 10. Chinese Merger Control: Patterns and Implications Xinzhu Zhang and Vanessa Yanhua Zhang 11. Revising the Horizontal Merger Guidelines: Lessons from the US and the EU Richard Gilbert and Daniel Rubinfeld PART V: SUBSTANTIVE COMPETITION LAW: CARTELS, ABUSE OF DOMINANCE AND PREDATION 12. Monopoly Agreements and Abuse of Dominance: Some Remarks About the Substantive Rules Roberto Pardolesi 13. The Legal Regime Preventing Predation in the People’s Republic of China: A Law and Economics Analysis Stefan Weishaar PART VI: CONCLUSIONS: FUTURE LOOK 14. Concluding Remarks Michael Faure and Xinzhu Zhang 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 SynopsisRegional economics - an established discipline for several decades - has gone through a rapid pace of change in the past decade and several new perspectives have emerged. At the same time the methodology has shown surprising development. This volume brings together contributions looking at new pathways in regional economics, written by many well-known international scholars. The most advanced theories, measurement methods and policy issues in regional growth are given in-depth treatment.The focus here is to collect cutting-edge theories explaining regional growth and local development. The authors highlight the recent advances in theories, the normative potentialities of these theories and the cross-fertilization of ideas among regional economists and mainstream economists. Theories of regional growth and development need to be able to interpret, more than ever, the way in which regions achieve a role in the international division of labour and, more importantly, the way in which regions can maintain this role over time. Topics covered include: regional growth and development policies and measurement methods; development theories of innovation, knowledge and space, and regional production factors; and growth theories and space.This book will be a source of reference and information for both scholars and students in the area of regional economics.Trade Review"Regional economics is back on the stage!" This wonderful statement, inspiring pride and confidence, is the starting sentence of the stunning Handbook of Regional Growth and Development Theories recently launched by the prestigious Edward Elgar Publishing. . . The editors. . . offer us a collection of cutting-edge theories explaining regional growth and local development in the twenty-first century. . . The whole book is so brimful of ideas, methodologies and case studies that will certainly stimulate fruitful debates and further insights in the international regional science research arena. It is a source of reference and information for both scholars and students, which deserves widespread circulation and recognition. I express my humble admiration and congratulations to the editors and all contributors, accompanied by sincere thanks to the marketing department [of Edward Elgar Publishing] for the gracefully enabled privilege of reviewing this authoritative handbook.' -- Daniela-Luminita Constantin, Romanian Journal of Regional Science'This Handbook is essential reading for anyone with an interest in the explanation of economic growth in the space economy. . . The editors and the individual contributors are to be congratulated on producing such an important collection of review essays which is destined to become one of the definitive reference books on the subject.' -- John McCombie, Scienze Regionali'. . . offers a valuable up-to-date overview of many aspects of these important theoretical developments.' -- Peter Wood, Environment & Planning B'The book contains a wealth of leading-edge material on regional growth and development issues and provides a good historical review of the dominant mainstream theories. This Handbook will be a valuable asset to any graduate student, researcher, regional planner, or policymaker interested in regional economic issues.' -- Laura Lamb, Review of Regional StudiesTable of ContentsContents: Introduction: Regional Growth and Development Theories in the Twenty-first Century – Recent Theoretical Advances and Future Challenges Roberta Capello and Peter Nijkamp PART I: GROWTH THEORIES AND SPACE 1. Theories of Agglomeration and Regional Economic Growth: A Historical Review Philip McCann and Frank van Oort 2. Space, Growth and Development Roberta Capello 3. Location/Allocation of Regional Growth Gunther Maier and Michaela Trippl 4. Regional Growth and Trade in the New Economic Geography and Other Recent Theories Kieran P. Donaghy 5. Endogenous Growth Theories: Agglomeration Benefits and Transportation Costs G. Alfredo Minerva and Gianmarco I.P. Ottaviano PART II: DEVELOPMENT THEORIES: REGIONAL PRODUCTION FACTORS 6. Agglomeration, Productivity and Regional Growth: Production Theory Approaches Jeffrey P. Cohen and Catherine J. Morrison Paul 7. Territorial Capital and Regional Development Roberto Camagni 8. Human Capital and Regional Development Alessandra Faggian and Philip McCann 9. Infrastructure and Regional Development Johannes Bröcker and Piet Rietveld 10. Entrepreneurship and Regional Development Manfred M. Fischer and Peter Nijkamp PART III: DEVELOPMENT THEORIES: INNOVATION, KNOWLEDGE AND SPACE 11. Knowledge Spillovers, Entrepreneurship and Regional Development David B. Audretsch and T. Taylor Aldridge 12. R&D Spillovers and Regional Growth Daria Denti 13. Knowledge and Regional Development Börje Johansson and Charlie Karlsson 14. Agglomeration Externalities, Innovation and Regional Growth: Theoretical Perspectives and Meta-Analysis Henri L.F. de Groot, Jacques Poot and Martijn J. Smit 15. Sustainable Development and Regional Growth Amitrajeet A. Batabyal and Peter Nijkamp PART IV: REGIONAL GROWTH AND DEVELOPMENT MEASUREMENT METHODS 16. Measuring Agglomeration Ryohei Nakamura and Catherine J. Morrison Paul 17. Measuring the Regional Divide Roberto Ezcurra and Andrés Rodríguez-Pose 18. Measuring Regional Endogenous Growth Robert J. Stimson, Alistair Robson and Tung-Kai Shyy 19. Regional Growth and Convergence: Heterogeneous Reaction versus Interaction in Spatial Econometric Approaches Cem Ertur and Julie Le Gallo 20. CGE Modeling in Space: A Survey Kieran P. Donaghy 21. Modern Regional Input–Output and Impact Analyses Jan Oosterhaven and Karen R. Polenske PART V: REGIONAL GROWTH AND DEVELOPMENT POLICIES 22. Institutions and Regional Development T.R. Lakshmanan and Kenneth J. Button 23. Regional Policy: Rationale, Foundations and Measurement of its Effects Jouke van Dijk, Henk Folmer and Jan Oosterhaven 24. New Regional Policies for Less Developed Areas: The Case of India Maria Abreu and Maria Savona 25. Economic Decline and Public Intervention: Do Special Economic Zones Matter? Peter Friedrich and Chang Woon Nam Index

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Book SynopsisThis book exposes intolerable global double standards in the treatment of debtors and argues that fairness, economic efficiency and principles common to all civilized legal systems, must and can be applied to so-called `developing countries', or Southern sovereign debtors.Tracing the history of Southern sovereign debts, describing the critical role of non-governmental organizations (NGOs) in enforcing improvements, and discussing technical debt issues, this book presents a solution incorporating the Millennium Development Goals (MDGs) as an appropriate form of debtor protection. Although most multilateral claims are statutorily subordinated to development needs, multilateral institutions wrongly claim preferred creditor status. They routinely violate their own statutes. Kunibert Raffer discusses grants and loans as alternative ways to finance the MDGs and development and necessary caveats on widely used debt statistics and indicators are made. The effects of the present US crisis are also discussed, making solving the never-ending debt problem particularly urgent.With innovative and never-before discussed topics, this book will appeal to NGO employees, academics and students in development or international relations and political studies. Overseas development institutions and development co-operation ministries and departments will also find this a very useful reference tool.Trade Review‘Professor Kunibert Raffer provides in this seminal work deep insights as well as several new policy issues emerging from global double standards for dealing with poor debtors and also pleads for some semblance of fairness as per all civilized legal systems indeed.’ -- Ramesh Wartandon, Convergence Asia‘The detailed coverage of the problems raised by the topic and the relevance of the proposal underlined, make the book a fundamental contribution for anyone interested in development studies.’ -- CEU Political Science Journal‘The problem of the debt burden and pleas for debt relief have been compared to the girl who killed both her parents and then pleaded for mercy on the grounds that she was an orphan. (It has been called the classic definition of chutzpah.) Kunibert Raffer has more sympathy for the debtors. He discusses the international debt problem in a profound way and his proposal, the Raffer proposal, is ingenious, practical and wise.’ -- Paul Streeten, Boston University, US‘Kunibert Raffer, a distinguished academic, has never confined himself to an ivory tower. Instead he has consistently used his extensive knowledge of law, history, economics and politics to argue for an end to the structural injustice of relationships between rich creditor countries and poor debtor nations. I have always admired the man and his work, and believe the ideas outlined in this book are vital if justice is to be the basis of international financial relations.’ -- Ann Pettifor, New Economics Foundation and Advocacy InternationalTable of ContentsContents: Preface 1. Brief History of Debt Management Until 1989 2. Brief History of Debt Management After 1989 3. In Quest of Solutions: Sovereign Insolvency Proposals, Collective Action Clauses and Recent Country Cases 4. Gleneagles, the Multilateral Debt Relief Initiative and the US Crisis 5. The Raffer Proposal: An International Chapter 9 for Countries 6. Debtor Rights and Fairness to Creditors in Rule of Law-based Insolvency Systems 7. MDGs, Debt Distress and Poverty: Theoretical Roots of Policies Protecting the Poor in Debtor Countries 8. Poverty, Debtor Protection and the MDGs 9. Debt Distress, Global Public Goods and a Global Development Partnership 10. NGO Advocacy for Debt Reduction Cum Debtor Protection 11. The Concept of Sustainability of International Financial Institutions 12. Problems of Overoptimism and Ownership 13. MDGs and Preferred Creditor Status 14. Lending or Granting: ODA and the MDGs Annex on Data: Caveats on Debt Statistics and Indicators Glossary Bibliography Index

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Book SynopsisThis book exposes intolerable global double standards in the treatment of debtors and argues that fairness, economic efficiency and principles common to all civilized legal systems, must and can be applied to so-called `developing countries', or Southern sovereign debtors.Tracing the history of Southern sovereign debts, describing the critical role of non-governmental organizations (NGOs) in enforcing improvements, and discussing technical debt issues, this book presents a solution incorporating the Millennium Development Goals (MDGs) as an appropriate form of debtor protection. Although most multilateral claims are statutorily subordinated to development needs, multilateral institutions wrongly claim preferred creditor status. They routinely violate their own statutes. Kunibert Raffer discusses grants and loans as alternative ways to finance the MDGs and development and necessary caveats on widely used debt statistics and indicators are made. The effects of the present US crisis are also discussed, making solving the never-ending debt problem particularly urgent.With innovative and never-before discussed topics, this book will appeal to NGO employees, academics and students in development or international relations and political studies. Overseas development institutions and development co-operation ministries and departments will also find this a very useful reference tool.Trade Review‘Professor Kunibert Raffer provides in this seminal work deep insights as well as several new policy issues emerging from global double standards for dealing with poor debtors and also pleads for some semblance of fairness as per all civilized legal systems indeed.’ -- Ramesh Wartandon, Convergence Asia‘The detailed coverage of the problems raised by the topic and the relevance of the proposal underlined, make the book a fundamental contribution for anyone interested in development studies.’ -- CEU Political Science Journal‘The problem of the debt burden and pleas for debt relief have been compared to the girl who killed both her parents and then pleaded for mercy on the grounds that she was an orphan. (It has been called the classic definition of chutzpah.) Kunibert Raffer has more sympathy for the debtors. He discusses the international debt problem in a profound way and his proposal, the Raffer proposal, is ingenious, practical and wise.’ -- Paul Streeten, Boston University, US‘Kunibert Raffer, a distinguished academic, has never confined himself to an ivory tower. Instead he has consistently used his extensive knowledge of law, history, economics and politics to argue for an end to the structural injustice of relationships between rich creditor countries and poor debtor nations. I have always admired the man and his work, and believe the ideas outlined in this book are vital if justice is to be the basis of international financial relations.’ -- Ann Pettifor, New Economics Foundation and Advocacy InternationalTable of ContentsContents: Preface 1. Brief History of Debt Management Until 1989 2. Brief History of Debt Management After 1989 3. In Quest of Solutions: Sovereign Insolvency Proposals, Collective Action Clauses and Recent Country Cases 4. Gleneagles, the Multilateral Debt Relief Initiative and the US Crisis 5. The Raffer Proposal: An International Chapter 9 for Countries 6. Debtor Rights and Fairness to Creditors in Rule of Law-based Insolvency Systems 7. MDGs, Debt Distress and Poverty: Theoretical Roots of Policies Protecting the Poor in Debtor Countries 8. Poverty, Debtor Protection and the MDGs 9. Debt Distress, Global Public Goods and a Global Development Partnership 10. NGO Advocacy for Debt Reduction Cum Debtor Protection 11. The Concept of Sustainability of International Financial Institutions 12. Problems of Overoptimism and Ownership 13. MDGs and Preferred Creditor Status 14. Lending or Granting: ODA and the MDGs Annex on Data: Caveats on Debt Statistics and Indicators Glossary Bibliography Index

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Book SynopsisInformation and communication technologies (ICT) are spreading fast across Latin American and the Caribbean. This trend has brought about important economic and social changes, which have largely gone unmeasured until recently. Here, analysts from the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) along with other distinguished scholars in the field of ICT, growth and productivity provide theoretical and empirical insights to the debate on the role of ICT in economic development.This book is the fruit of the research ECLAC has amassed, with ten chapters detailing the great strides that have been made of late in ICT. A distinguishing feature of this book is its multi-disciplinary approach to measuring the economic effects of these technologies, which incorporates the neo-classical growth accounting approach and the evolutionary-structuralist approach. These approaches are noteworthy because, much like the primary message of ECLAC, they exemplify the pivotal importance of technical progress, productivity and structural transformation in economic growth. Innovation and Economic Development identifies several opportunities and challenges for bringing about a more dynamic role of ICT in the process of structural change and productivity growth and contends that accelerating the adoption and efficient use of ICT is essential to any strategy for further success.Policymakers, entrepreneurs, students and scholars of ICT, development and economics, and other social actors who have raised concerns about the contribution of ICT to economic growth and productivity in Latin America are sure to have their questions answered and their persectives broadened by this discerning work.Table of ContentsContents: Foreword Alicia Bárcena Introduction and Synthesis Mario Cimoli, André A. Hofman and Nanno Mulder 1. Latin America and the World Economy Dale W. Jorgenson and Khuong Minh Vu 2. Technical Change and Economic Growth: Some Lessons from Secular Patterns and Some Conjectures on the Current Impact of ICT Carolina Castaldi and Giovanni Dosi 3. ICT and Productivity Growth in Europe: An Update and Comparison with the US Mary O’Mahony, Marcel Timmer and Bart van Ark 4. ICT Investment in Latin America: Does it Matter for Economic Growth? Gaaitzen J. De Vries, Nanno Mulder, Mariela Dal Borgo and André A. Hofman 5. Growth, Productivity and Information and Communications Technologies in Latin America, 1950–2005 Claudio Aravena, Marc Badia-Miró, André A. Hofman, Christian Hurtado and José Jofré González 6. The Impact of Information and Communication Technologies on Economic Growth in Latin America in Comparative Perspective Nauro F. Campos 7. ICT, Learning and Growth: An Evolutionary Perspective Mario Cimoli and Nelson Correa 8. ICT and Knowledge Complementarities: A Factor Analysis on Growth Marco Capasso and Nelson Correa 9. A Dynamic Input–Output Simulation Analysis of the Impact of ICT Diffusion in the Brazilian Economy Fabio Freitas, David Kupfer and Esther Dweck 10. The Relative Impact of the Regulatory Framework on the Diffusion of ICT: Evidence from Latin America, 1989–2004 Nauro F. Campos Index

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Book SynopsisFollowing the demise of the Washington Consensus, developing countries are looking for new ideas to guide their development. This innovative book suggests taking seriously some of the findings of evolutionary economics and paying specific attention to the institutions that matter for economic development, particularly those related to science, technology and innovation. The author highlights how the institutional framework that will allow countries to grow should include universities, government laboratories and policy incentives for human capital and business research and development. He argues that there are no simple policies and no 'one-size-fits-all' solutions, and that the majority of developing countries have not yet found the right combinations of institutions. The book suggests that building successful national and regional innovation systems requires at least one generation of continuous effort, significant trial and error, and a thorough knowledge of the experiences of the OECD countries that built those institutions in the past. It moves on to demonstrate how certain countries such as Canada, Finland and Singapore have succeeded in catching-up and how several others, for example Argentina, Egypt, Mexico and the Philippines, have failed. It then pinpoints the main industrial, science, technology and innovation policies required by developing countries to achieve their goals. This unique and timely book will appeal to postgraduate students of international economics, international business and development economics, as well as students of science, technology and society.Trade Review’The era of the Washington consensus, where the basic advice to developing countries was simply to let markets emerge and not to interfere with their operations, now is gone, at least for the present. The challenge now is to articulate a broad development strategy that really works. Over the last decade a group of economists has been putting together a body of knowledge and analysis oriented to helping poor countries build the economic, organizational, technological, and scientific capabilities that they need in order to develop. Jorge Niosi is an important member of that group. And this book provides an excellent discussion of the emerging perspective on development strategy.’ -- Richard R. Nelson, Columbia University, and Columbia Earth Institute’[T]his book is a valuable addition to the body of knowledge on the mechanics of innovation systems, technological catch-up and economic development. It comes across as historically rich, theoretically sound and surprisingly accessible. Academics, students and policy-makers who are interested in these topics will find the book appealing particularly because of its very clear message.’ -- Abiodun Egbetokun, Science and Public Policy’The book by Jorge Niosi, Building National and Regional Innovation Systems is a welcome and timely contribution to the literature. The book is about how to promote science, technology and innovation for development and catching up in developing countries. Niosi presents a clear opinion of how countries should stimulate catching up. . . This book is highly recommendable to students, researchers and policy-makers. It is commendable more for its clearly stated and thought-provoking messages than for its empirical examples. I found that the examples are used more to demonstrate the correctness of Niosi's arguments than to critically investigate their relevance.’ -- Arne Isaksen, Papers in Regional ScienceTable of ContentsContents: Preface 1. Convergence, Catching Up, Institutions, and Growth 2. Systems of Innovation and Economic Development 3. Industrial and Technology Policy 4. Building Blocks of Innovation 5. Building Systems of Innovation: Three Phases and Three Cases 6. Developing Countries: Four Cases 7. Regional Systems of Innovation: Four Cases Conclusion: Putting it Together 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 SynopsisIntellectual property (IP) has gained an unprecedented importance in the new world of globalization and the knowledge economy. However, experience, as well as cyclical attitudes toward IP, show that there is no universal model of IP protection.This comprehensive book considers new and emerging IP issues from a development perspective, examining recent trends and developments in this area. Presenting an overview of the IP landscape in general, the contributing authors subsequently narrow their focus, providing wide-ranging case studies from countries across Africa, Asia and Latin America on topical issues in the current IP discourse. These include the impact of IP on the pharmaceutical sector, the protection of life forms and traditional knowledge, geographical indications, access to knowledge and public research institutes, and the role of competition policy. The challenges developing countries face in the TRIPS-Plus world are also explored in detail. The diverse range of contributions to this thought-provoking book offer a wide variety of alternative perspectives on and solutions for the controversial issues surrounding the role of IP within sustainable development. As such, it will prove a stimulating read for government policy-makers, trade negotiators, academics, lawyers and IP practitioners in general, UN and other intergovernmental agencies, development campaigners and aid agencies, environmentalist groups and university students.Trade Review‘Intellectual Property and Sustainable Development is a 459-page compendium cooperatively compiled and edited book featuring informed and informative perspectives from an impressive roster of academicians and experts on a range of intellectual property issues from international case studies drawn from Africa, Asia, Central America, and the Middle East. Enhanced with an extensive bibliography and a comprehensive index, Intellectual Property and Sustainable Development is a seminal work that is especially recommended for academic, corporate, and governmental reference libraries in general, and the reading lists of policy-makers, trade negotiators, and intellectual property attorneys in particular.' -- Michael Dunford, The Midwest Book Review'This is a thought-provoking book with relevance to a broad readership, especially IP practitioners with a strong international focus.' -- Australian Intellectual Property Law BulletinTable of ContentsContents: Introduction PART I: THE NEW IP LANDSCAPE Section 1: A General Perspective 1. Rights in Basic Information Peter Jaszi Section 2: Taking up Reform 2. The Politics of Reform in Developing Countries Carolyn Deere 3. Intellectual Property Reforms in China Peter K. Yu 4. A Perspective on Reform in Arab Countries Ahmed Abdel Latif Section 3: Implications for Drug Pricing 5. A Review of the Economic Literature Keith E. Maskus PART II: POLICY CHALLENGES IN THE SOUTH Section 1: The Pharmaceutical Sector 6. The Case of the Generic Industry in India Biswajit Dhar and K.M. Gopakumar 7. TRIPS-Plus Policies and the Pharmaceutical Industry in Thailand Jakkrit Kuanpoth 8. The Ability to Utilize TRIPS Flexibilities in Sub-Saharan African Countries Tenu Avafia, Jonathan Berger and Trudi Hartzenberg Section 2: The Protection of Life Forms and Traditional Knowledge 9. Genetic Use Restriction Technologies and Sustainable Development in Eastern and Southern Africa Patricia Kameri-Mbote and James Otieno-Odek 10. Sui Generis Systems for Plant Variety Protection and Traditional Knowledge in Asia Daniel Robinson Section 3: Geographical Indications 11. Indications of Geographical Origin in Asia: Legal and Policy Issues to Resolve Dwijen Rangnekar Section 4: Access to Knowledge and the Role of Research Institutes 12. Education and Access to Knowledge in Southern Africa Andrew Rens, Achal Prabhala and Dick Kawooya 13. Innovation and Public Research in Central American Countries Jorge Cabrera PART III: RESPONSES TO THE TRIPS-PLUS WORLD 14. Promoting Checks and Balances Carsten Fink 15. A Model Law for the Protection of Undisclosed Data Carlos M. Correa 16. Enforcement Provisions of EPAs Sisule F. Musungu Bibliography Index

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Book Synopsishe urgent need to enhance sustainable development in developing countries has never been greater: poverty levels are growing, land conversions are uncontrolled, and there is rapid loss of biodiversity through land use change. This timely book highlights the need for integrated assessment tools for developing countries, considering the long-term impacts of decisions taken today. The success of land use policies has in the past often been hampered by the fact that we simply do not know enough about their impact on sustainable development across developing countries. This book contributes to bridging this knowledge gap while facilitating the successful design and implementation of land use policies. The challenge of land use changes in response to changes in the policy environment - macro policy, agricultural and forest policy, environmental policy - is explored with a focus on the South. Detailed case studies encompassing seven countries across Africa, Asia and Latin America are presented via a common framework of analysis. In each case, sustainable development concerns are identified from environmental, economic and social perspectives. The interrelated causes of these problems are analyzed by identifying key drivers and relevant land use policies, and the potential impact of prioritized land use policies are then discussed. This important book will prove invaluable to academics, researchers, postgraduate students and policy makers concerned with land-use planning, sustainable development and environmental studies. Contributors: A.M. Arbi, I. Bezlepkina, M. Bonin, F. Brouwer, M. Bursztyn, L. Chen, Y. Cisse, E. Coudel, S.A. Dalimunthe, N. Debortoli, N.I.S. Dewi, S. Feng, L.N. Gachimbi, P. Gicheru, H. Jeder, S. Kashyap, H. Konig, D. Lindoso, X. Ma, D. McNeill, S.N. Makokha, I. Nesheim, N. Novira, N. Ounalli, S. Patil, S. Purushothaman, F. Qu, T.S. Rahayu, P. Reidsma, S. Rodrigues-Filho, J. Schuler, M. Sghaier, X. Shi, J.-P. Tonneau, R. Verburg, J. Von Braun, J.W. Wamuongo, A.P. WicaksonoTrade Review‘I would recommend the text for both policy makers and postgraduate students concerned with land use planning as it provides a useful framework for policy analysis alongside the case studies by way of illustration of implementation.’ -- Alison Bailey, Experimental Agriculture‘The ever increasing competition for land, and the environmental pressures being placed on this most fundamental resource, call for a new approach to its governance. Based on case studies from around the world this book provides a comprehensive and unique insight into the development of sustainable land use policies in developing countries and heralds the need to integrate environmental, social and economic considerations for effective and sustainable governance.’ -- Lisa Emberson, University of York, UK‘Despite rapidly growing natural resource scarcity, land use policy remains an under-studied subject. This book provides a valuable resource on both methodologies and case studies on land use policy assessment for developing countries, where change is most rapid.’ -- Claudia Ringler, IFPRI, Washington, DC, USTable of ContentsContents: Preface 1. Introduction Floor Brouwer, Ingrid Nesheim and Desmond McNeill PART I: INTRODUCTION 2. Agriculture and Sustainable Development in Developing Countries in a Changed Global Context Joachim von Braun 3. Institutional Context for Sustainable Development Desmond McNeill, René Verburg and Marcel Bursztyn 4. Integrated Assessment Approach Pytrik Reidsma, Hannes König and Irina Bezlepkina PART II: CASE STUDIES 5. Agricultural Non-point Source Pollution in Taihu Lake Basin, China Shuyi Feng, Xiaoping Shi, Pytrik Reidsma, Xianlei Ma and Futian Qu 6. Land Degradation in the Arid Jeffara Region, Tunisia Mongi Sghaier, Abdeladhim Mohamed Arbi, Jean-Philippe Tonneau, Nadia Ounalli, Houcine Jeder and Muriel Bonin 7. Land Degradation and Irrigation Practices in the Office du Niger, Mali Youssouf Cissé, Muriel Bonin, Ingrid Nesheim, Jean-Philippe Tonneau and René Verburg 8. Pressure on Land in the Yogyakarta Region, Indonesia Nina Novira, Syarifah Aini Dalimunthe, Nur Indah Sari Dewi, Triana Sefti Rahayu, Aditya Pandu Wicaksono, Hannes König and Johannes Schuler 9. Land Subdivision and Degradation in Narok, Kenya Patrick Gicheru, Stella Nabwile Makokha, Le Chen, Louis N. Gachimbi and Jane W. Wamuongo 10. Agrarian Crisis and Policy Links: A Framework for Karnataka, India Seema Purushothaman, Sheetal Patil and Sham Kashyap 11. Road Development and Deforestation in Amazonia, Brazil Saulo Rodrigues-Filho, Marcel Bursztyn, Diego Lindoso, Nathan Debortoli, Ingrid Nesheim and René Verburg PART III: CONCLUSION 12. Lessons from a Comparative Analysis of Case Studies Ingrid Nesheim, Desmond McNeill, Irina Bezlepkina, Floor Brouwer, Youssouf Cissé, Shuyi Feng, Patrick Gicheru, Nina Novira, Seema Purushothaman, Saulo Rodrigues-Filho and Mongi Sghaier 13. Critical Analysis of Land Use Policies Muriel Bonin, Emilie Coudel, Youssouf Cissé, Shuyi Feng, Patrick Gicheru, Nina Novira, Nadia Ounalli, Seema Purushothaman, Saulo Rodrigues-Filho, Mongi Sghaier, Xiaoping Shi and Jean-Philippe Tonneau 14. Conclusions and Policy Recommendations Floor Brouwer, Desmond McNeill and Ingrid Nesheim Index

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Book SynopsisThis important and well-researched book examines the challenges to private sector growth in twelve Middle East and North African (MENA) countries, assessing comparative performance against a number of indicators and focussing on the special role of SMEs and entrepreneurial activity. Lois Stevenson highlights the variation among countries in private sector dynamism and performance, the major government policy initiatives supporting private sector and SME activity in each country, and the perspectives of government officials, researchers, and other stakeholders on research, policy and institutional capacity needs. The author concludes with a framework for guiding a comprehensive set of policies and strategies to unleash the potential of entrepreneurship as a platform for future private sector growth. Private Sector and Enterprise Development will be an invaluable resource for the policymaking, research and donor communities, stakeholders involved in building capacity in PSD and SME policy development, and scholars interested in entrepreneurship and development in the MENA region.Trade Review‘Stevenson’s book is valuable for the amount of information it has on the current economic situation in the MENA region. It sheds much light on the economic policies in place there and on the various economic problems that the region is facing and will face in the future.’ -- Journal of Entrepreneurship and Public Policy‘. . . this book is a very timely contribution to economic and private sector development (PSD) policies in the MENA countries, and a condensed and comprehensive resource for donor and development agencies.’ -- Donor Committee for Enterprise Development‘Stevenson’s book provides a through review for a diverse and complex region with a practical guide for policy makers to respond to the high unemployment and low productivity challenges facing the 12 countries covered in the analysis. Moreover, Stevenson advocates how to encourage a missing entrepreneurial spirit that is crucial to expand the private sector role. Written in a smooth style, it is a must read for academics, students and policy makers to understand the dynamics of the private-public sector relations. It is also useful to donor communities to help set their priorities in a regional context.’ -- Ibrahim Saif, Secretary General, Economic and Social Council of JordanTable of ContentsContents: Preface Part I: Context, Challenges and Priorities 1. Private Sector Development: Context and Framework 2. Introduction to the MENA-12 Country Context 3. Economic Growth Challenges 4. SME and Entrepreneurship Challenge 5. MENA Countries, the Market Economy and the Environment for Private Sector Development 6. Policy, Research and Capacity Issues 7. Entrepreneurship: A Platform for Future Private Sector Growth Part II: Profiles of the 12 MENA Countries 8. Profiles of More Dynamic PSD Environments 9. Profiles of Less Dynamic PSD Environments References Index

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Book SynopsisThis innovative and important book develops a new framework for analysing exchange that takes place within and outside markets over the course of development. The authors argue that development and social and economic progress are greatly enhanced by a fluent and efficient exchange system. Conversely, the process of development encourages and facilitates trade. The authors introduce the concept of exchange configurations to capture the multiplicity of settings within which exchange occurs and the many different forms exchange and transactions can take. The book shows how exchange configurations can help to identify the factors that constrain the exchange process and lead to the formulation of effective reforms. It then uses a historical analysis of systems of exchange during different phases of development over the last two millennia to illustrate different exchange configurations. Exchange and Development will appeal to students at both the graduate and undergraduate level in the fields of economic development, international trade, microeconomics, institutional economics and economic history. Researchers in universities and policy makers in governments and international agencies will also draw much benefit from the entirely novel approach formulated in this book.Trade Review‘Characterizing and understanding why and how economic actors exchange goods and services is undoubtedly one of the most important concerns of economics. Cornelisse and Thorbecke provide us with a framework to better understand the bewildering diversity of forms of exchange according to items transacted, actors involved, and environments where exchanges occur. This is done by developing the novel concept of exchange configurations. This relatively simple lens makes for a fascinating re-interpretation of the long and complex process of economic development.’ -- Alain de Janvry, University of California at Berkeley, US‘The authors of this volume are spot on when they note that “the perspective alters drastically when it is realized that economic exchange as it occurs in the real world is a laborious and costly process with uncertain and imperfect outcomes”. We all have a lot to learn from this highly original, thought provoking contribution to our understanding of the very core of economic and development thinking.’ -- Finn Tarp, United Nations University - World Institute for Development Economics Research, Finland and University of Copenhagen, DenmarkTable of ContentsContents: Preface 1. Introduction and Overview 2. The Concept of Exchange Configuration 3. Terms and Concepts for an Analysis of Exchange 4. Elements of Exchange 5. A Typology of Exchange Configurations 6. Systems of Exchange in Different Phases of Development 7. The Dynamic Forces in Exchange Configurations 8. Some Concluding Messages Index

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Book SynopsisThis innovative and important book develops a new framework for analysing exchange that takes place within and outside markets over the course of development. The authors argue that development and social and economic progress are greatly enhanced by a fluent and efficient exchange system. Conversely, the process of development encourages and facilitates trade. The authors introduce the concept of exchange configurations to capture the multiplicity of settings within which exchange occurs and the many different forms exchange and transactions can take. The book shows how exchange configurations can help to identify the factors that constrain the exchange process and lead to the formulation of effective reforms. It then uses a historical analysis of systems of exchange during different phases of development over the last two millennia to illustrate different exchange configurations. Exchange and Development will appeal to students at both the graduate and undergraduate level in the fields of economic development, international trade, microeconomics, institutional economics and economic history. Researchers in universities and policy makers in governments and international agencies will also draw much benefit from the entirely novel approach formulated in this book.Trade Review‘Characterizing and understanding why and how economic actors exchange goods and services is undoubtedly one of the most important concerns of economics. Cornelisse and Thorbecke provide us with a framework to better understand the bewildering diversity of forms of exchange according to items transacted, actors involved, and environments where exchanges occur. This is done by developing the novel concept of exchange configurations. This relatively simple lens makes for a fascinating re-interpretation of the long and complex process of economic development.’ -- Alain de Janvry, University of California at Berkeley, US‘The authors of this volume are spot on when they note that “the perspective alters drastically when it is realized that economic exchange as it occurs in the real world is a laborious and costly process with uncertain and imperfect outcomes”. We all have a lot to learn from this highly original, thought provoking contribution to our understanding of the very core of economic and development thinking.’ -- Finn Tarp, United Nations University - World Institute for Development Economics Research, Finland and University of Copenhagen, DenmarkTable of ContentsContents: Preface 1. Introduction and Overview 2. The Concept of Exchange Configuration 3. Terms and Concepts for an Analysis of Exchange 4. Elements of Exchange 5. A Typology of Exchange Configurations 6. Systems of Exchange in Different Phases of Development 7. The Dynamic Forces in Exchange Configurations 8. Some Concluding Messages Index

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Book SynopsisThe origin of markets is a central issue in economics and economic history, but until now there has been no definitive reference source on the subject. This authoritative collection fills the gap by reprinting key papers analysing the evolution of markets over the past millennium. These papers, written by leading scholars in the field, relate market development to urban growth, the spread of the credit system, and the evolution of capitalism. They show that markets did not evolve in a purely spontaneous fashion, but as part of the planned development of market centres by local landowners and business people. This volume, with an original introduction by the editor, will serve as an excellent reference tool to students, academics and practitioners interested in the broad field of economics and economic history, and market evolution in particular.Table of ContentsContents: Acknowledgements Introduction Mark Casson PART I MARKETS: ANTIQUE, CLASSICAL AND MEDIEVAL 1. Peter Temin (2002), ‘Price Behavior in Ancient Babylon’ 2. David W. Tandy (1997), ‘Early Movements of Goods and of Greeks’ 3. Joan M. Frayn (1993), ‘Commodities Sold in the Markets’ 4. George C. Maniatis (2000), ‘The Organizational Setup and Functioning of the Fish Market in Tenth-Century Constantinople’ 5. S.R.H. Jones (1993), ‘Transaction Costs, Institutional Change, and the Emergence of a Market Economy in Later Anglo-Saxon England’ 6. Richard H. Britnell (1993), ‘Markets and Rules’ 7. Christopher Dyer (1989), ‘The Consumer and the Market in the Later Middle Ages’ PART II INTERNATIONAL MARKETS: MERCHANTS AND MIDDLEMEN 8. Alwyn A. Ruddock (1951), ‘The Organization of Trade’ 9. Om Prakash (2004), ‘The Indian Maritime Merchant, 1500–1800’ 10. Hugo van Driel (2003), ‘The Role of Middlemen in the International Coffee Trade Since 1870: The Dutch Case’ PART III MARKETS AND URBAN CITIES 11. Robert Sabatino Lopez (1964), ‘Market Expansion: The Case of Genoa’ 12. James M. Murray (2005), ‘Wool, Cloth, and Gold’ 13. Clé Lesger (2006), ‘Amsterdam and the Organization of Trade’ 14. David Alexander (1970), ‘Aspects of a Changing Retail Market’ PART IV MARKET REGULATION: THE INSTITUTIONAL FRAMEWORK 15. Gary Richardson (2004), ‘Guilds, Laws, and Markets for Manufactured Merchandise in Late-Medieval England’ 16. Ronald F. Homer (2002), ‘The Pewterers’ Company’s Country Searches and the Company’s Regulation of Prices’ 17. Amanda McLeod (2008), ‘Quality Control: The Origins of the Australian Consumers’ Association’ PART V MARKET INTEGRATION AND PRICE CONVERGENCE 18. Carol H. Shiue and Wolfgang Keller (2007), ‘Markets in China and Europe on the Eve of the Industrial Revolution’ 19. David S. Jacks (2006), ‘What Drove 19th Century Commodity Market Integration?’ 20. Barry K. Goodwin, Thomas J. Grennes and Lee A. Craig (2002), ‘Mechanical Refrigeration and the Integration of Perishable Commodity Markets’ PART VI MARKETS, FAIRS AND RURAL DEVELOPMENT 21. S.R. Epstein (1994), ‘Regional Fairs, Institutional Innovation, and Economic Growth in Late Medieval Europe’ 22. James Masschaele (1997), ‘The Quest for Markets’ 23. Margaret Spufford (1984), ‘Introduction’ 24. R.W. Hoyle (2007), ‘New Markets and Fairs in the Yorkshire Dales, 1550–1750’ 25. Patrick O’Flanagan (1985), ‘Markets and Fairs in Ireland, 1600–1800: Index of Economic Development and Regional Growth’ 26. Ian D. Whyte (1979), ‘The Growth of Periodic Market Centres in Scotland 1600–1707’ 27. John R. Walton (1984), ‘The Rise of the Agricultural Auctioneering in Eighteenth- and Nineteenth-Century Britain’ 28. Polly Hill (1966), ‘Notes on Traditional Market Authority and Market Periodicity in West Africa’ PART VII THE SOCIAL LIMITS TO MARKET OPERATION: IMPROPRIETY AND CORRUPTION 29. Ruth Mazo Karras (1989), ‘The Regulation of Brothels in Later Medieval England’ 30. A.J. Arnold and J.M. Bidmead (2008), ‘Going “to Paradise by Way of Kensal Green”: A Most Unfit Subject for Trading Profit’ 31. Charles R. Mayes (1957), ‘The Sale of Peerages in Early Stuart England’

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Book SynopsisFollowing the demise of the Washington Consensus, developing countries are looking for new ideas to guide their development. This innovative book suggests taking seriously some of the findings of evolutionary economics and paying specific attention to the institutions that matter for economic development, particularly those related to science, technology and innovation. The author highlights how the institutional framework that will allow countries to grow should include universities, government laboratories and policy incentives for human capital and business research and development. He argues that there are no simple policies and no 'one-size-fits-all' solutions, and that the majority of developing countries have not yet found the right combinations of institutions. The book suggests that building successful national and regional innovation systems requires at least one generation of continuous effort, significant trial and error, and a thorough knowledge of the experiences of the OECD countries that built those institutions in the past. It moves on to demonstrate how certain countries such as Canada, Finland and Singapore have succeeded in catching-up and how several others, for example Argentina, Egypt, Mexico and the Philippines, have failed. It then pinpoints the main industrial, science, technology and innovation policies required by developing countries to achieve their goals. This unique and timely book will appeal to postgraduate students of international economics, international business and development economics, as well as students of science, technology and society.Trade Review’The era of the Washington consensus, where the basic advice to developing countries was simply to let markets emerge and not to interfere with their operations, now is gone, at least for the present. The challenge now is to articulate a broad development strategy that really works. Over the last decade a group of economists has been putting together a body of knowledge and analysis oriented to helping poor countries build the economic, organizational, technological, and scientific capabilities that they need in order to develop. Jorge Niosi is an important member of that group. And this book provides an excellent discussion of the emerging perspective on development strategy.’ -- Richard R. Nelson, Columbia University, and Columbia Earth Institute’[T]his book is a valuable addition to the body of knowledge on the mechanics of innovation systems, technological catch-up and economic development. It comes across as historically rich, theoretically sound and surprisingly accessible. Academics, students and policy-makers who are interested in these topics will find the book appealing particularly because of its very clear message.’ -- Abiodun Egbetokun, Science and Public Policy’The book by Jorge Niosi, Building National and Regional Innovation Systems is a welcome and timely contribution to the literature. The book is about how to promote science, technology and innovation for development and catching up in developing countries. Niosi presents a clear opinion of how countries should stimulate catching up. . . This book is highly recommendable to students, researchers and policy-makers. It is commendable more for its clearly stated and thought-provoking messages than for its empirical examples. I found that the examples are used more to demonstrate the correctness of Niosi's arguments than to critically investigate their relevance.’ -- Arne Isaksen, Papers in Regional ScienceTable of ContentsContents: Preface 1. Convergence, Catching Up, Institutions, and Growth 2. Systems of Innovation and Economic Development 3. Industrial and Technology Policy 4. Building Blocks of Innovation 5. Building Systems of Innovation: Three Phases and Three Cases 6. Developing Countries: Four Cases 7. Regional Systems of Innovation: Four Cases Conclusion: Putting it Together References Index

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Book SynopsisIndustrial Policy after the Crisis provides a fresh and insightful study on the lessons that can be drawn from the global financial crisis for the analysis, definition and implementation of industrial policy. The authors utilize a political economy framework for the analysis of industrial development post-crisis, centered on the organization of production and stressing its importance for the wealth of nations, meaning not only rising income but also 'justice and happiness'. Examining industrial policy as a long-term vision of development, this insightful study will appeal to students in industrial and business economics, political economy and development studies, as well as policy-makers. Offering a reflection on the theoretical basis of policy decision making and recommendation, it will also be beneficial to scholars in the field of economics and politics.Contents: Introduction; 1. The 2008 Financial Crisis; 2. Globalisation and the Organisation of Production; 3. Division of Labour and Industrial Development; 4. A Framework for Defining Industrial Policy; 5. Industrial Policies as Long-Term Strategies: Some Examples; 6. The European Experience; Conclusions; References; IndexTrade Review‘. . . offers a concise survey of the nature of production, division of labor in various systems, and potential impact of unbundled production on future competition policy.’ -- C.C. Copeland, Choice’This timely new book offers fresh insights into the scope and direction of industrial policy. With industrial policy back on the agenda in the wake of the crisis, this is a must-read for anyone interested in this important area of policy.’ -- David Bailey, Coventry University Business School, UKTable of ContentsContents: Introduction 1. The 2008 Financial Crisis 2. Globalisation and the Organisation of Production 3. Division of Labour and Industrial Development 4. A Framework for Defining Industrial Policy 5. Industrial Policies as Long-term Strategies: Some Examples 6. The European Experience Conclusions References Index

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Book SynopsisThe historic link between output (GDP) growth and employment has weakened. Since there is no quantitively verifiable economic theory to explain past growth, this unique book explores the fundamental relationship between thermodynamics (physical work) and economics. The authors take a realistic approach to explaining the relationship between technological progress, thermodynamic efficiency and economic growth. Their findings are a step toward the integration of neo-classical and evolutionary perspectives on endogenous economic growth, concluding in a fundamental explanation of endogenous growth that is both quantifiable and consistent with the laws of thermodynamics. For two centuries fossil and other sources of energy (work) have been replacing human and animal muscles. Now our civilization is truly addicted to fossil energy availability at ever low prices. Can increasing efficiency compensate for coming scarcity? This is the crucial question. The most important implication of this is that future economic growth is not guaranteed because the efficiency gains that have driven growth in the past may not continue in the future.Exploring the theory of growth with an emphasis on the role of energy, useful work and technological change, this book will be of great interest to academics and students focussing on growth theory, energy and ecological economics. It will also prove insightful to those concerned with policy making or responding to changes in policy related to the energy-growth nexus.Trade Review'It gives me great pleasure to review this important book. I recommend it highly to any physicist with an interest or curiosity about this "economy thing" within which we operate. . . There is no excuse not to get this invaluable volume onto your bookshelf.' -- Simon Roberts, Institute of Physics Energy Group'This book addresses a very important topic, namely economic growth analysis from the angle of energy and material flows. The treatment is well balanced in terms of research and interpretation of the broader literature. The book not only contains a variety of empirical indicators, statistical analyses and insights, but also offers an unusually complete and pluralistic view on theorizing about economic growth and technological change. This results in a number of refreshing perspectives on known ideas and literatures. The text is so attractively written that I found it very difficult to stop reading. All in all, this is a very original and important contribution to the everlasting debate on growth versus environment.' -- Jeroen C.J.M. van den Bergh, University of Barcelona, Spain and Free University, Amsterdam, The Netherlands'Would you want your great-grandchildren in 2100AD to have a 22nd-century industrial economy? If so, read this book to grasp how strongly wealth depends on energy and its efficient use. Start treating fossil energy not as continuing income, but as one-time energy capital to spend on efficiency and long-term sustainable energy production. Otherwise, your descendants will inherit a broken 20th-century economy that only worked with cheap fossil fuels. They will not be rich and they will wonder what their ancestors were thinking.' -- John R. Mashey, PhD, former Chief Scientist, Silicon Graphics'Current economic theory attributes most income growth to technical progress. However, since technical progress can neither be defined nor measured, no one really knows what policies will encourage income growth. Ayres and Warr show that access to useful work, which can be defined and measured, explain the bulk of post-1900 income changes in Japan, Britain and the USA. They see rising real prices for fossil fuel and stagnating efficiencies of converting raw energy into useful work as a threat to continued income growth. This brilliant and original work has profound policy implications for future income growth without significant improvements in energy conversion efficiency.' -- Thomas Casten, Chairman, Recycled Energy Development LLCTable of ContentsContents: Preface Introduction 1. Background 2. Technical Progress 3. Industrial Metabolism: Mass/Energy Flows 4. Exergy Conversion to Useful Work 5. Economic Growth Theories 6. The Production Function Approach 7. Numerical Results for the US and Japan 8. Growth Forecasting 9. Economic Growth and Development: Towards a Catch-up Model (Simplified REXSF Model) 10. Conclusions, Implications and Caveats References Index

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