Economic growth Books

Book SynopsisSince the publication of the first edition of this seminal textbook, the tourism economics landscape has undergone many changes. In this concise revised edition, the authors have incorporated new approaches and ideas influencing tourism economics and policy. This includes discussions of the implications of the sharing economy and its effect on industry structure in accommodation and transport, and Artificial Intelligence (AI) techniques that are being increasingly employed in tourism forecasting. It also includes new material on surface and marine transport, resident quality of life issues, the price mechanism, the economic contribution of tourism, tourism and economic growth, and tourism and sustainable development. It remains an important and accessible text for students, researchers and practitioners in tourism economics and tourism policy.Trade ReviewThis second edition shows that the authors have been continuously improving the relevance and readability of the text with the latest research findings in tourism economics. It is very well written and the flow and logic of the writing is appropriate and easily accessible for students, researchers and practitioners. * Haiyan Song, Hong Kong Polytechnic University, Hong Kong *This revised edition covers a wide range of key topics in tourism economics updated to reflect latest trends in scholarship. The book provides students and researchers with tools to understand the latest changes affecting the tourism industry globally and to support private and public sector decision making to deliver desirable economic outcomes. * Neelu Seetaram, University of Huddersfield, UK *I am pleased to recommend the second edition of Tourism Economics and Policy. This textbook is a rich resource for students, practitioners and scholars who want to enhance their knowledge and understanding on the subjects of tourism and economics. It provides a comprehensive picture of the main operations and activities in the tourism industry. * Mark Anthony Camilleri, University of Malta, Malta *Table of ContentsPart 1 Tourism Demand and Supply Chapter 1. The Demand for Tourism Chapter 2. Tourism Supply Chapter 3. The Price Mechanism Chapter 4. Tourism and Market Structure Chapter 5. Strategic Pricing in Tourism Part 2 Tourism Forecasting Chapter 6. Forecasting Tourism Demand Part 3 Tourism’s Economic Contribution and Economic Impacts Chapter 7. Economic Contribution of Tourism Chapter 8. Measuring Economic Contribution: Tourism Satellite Accounts Chapter 9. Economic Impacts of Tourism Chapter 10. Economic Evaluation of Special Events Part 4 Tourism Investment and Taxation Chapter 11. Investment by Tourism Firms Chapter 12. Investment in Tourism Infrastructure Chapter 13. Taxation of Tourism Part 5 Tourism and Transport Chapter 14. Tourism and Transport Part 6 Tourism and the Environment Chapter 15. Valuing Tourism’s Environmental Effects Chapter 16. Economic Instruments and Environmental Protection in Tourism Part 7 Tourism, Growth and Sustainability Chapter 17. Tourism and Economic Growth Chapter 18. Tourism and Sustainable Development Part 8 Destination Competitiveness Chapter 19. Destination Competitiveness Part 9 Future Directions Chapter 20. Future Directions in Tourism Economics

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Book SynopsisThis book is about what Mark Carney has called ‘the social licence for financial markets’ and how it can point us towards a more sustainable future. Author David Rouch argues that what it reveals contrasts sharply with the usual portrayals of markets as places of unrestrained financial self-interest. Drawing attention to a more complex reality and the presence of justice-focused aspirations in finance can positively impact individual, institutional, and systemic behaviour: change, not imposed by regulators, but emerging from the very substance of market relationships. The finance sector should have a key role in addressing humanity’s increasingly pressing sustainability challenges. Yet the relationship between finance and society has not recovered from the 2008 crisis and the scandals and austerity that followed. The Covid-19 pandemic and its economic fallout is sharpening some of the issues and creating new ones. Recognising that financial markets operate subject to a social licence has the potential to galvanise market participants in tackling these challenges, strengthening social solidarity on which markets also depend, and to provide coordinates for navigating a way through the post-pandemic social, political and economic landscape. Trade Review“This book is an important contribution to that debate that deserves to be widely read.” (Bruce Davis, Financial World, November 2020-January 2021)Table of Contents1. The Great Re-evaluation: Reaching for an EndPart I In the Beginning, an End2. People, Firms, Markets, Behaviour3. The Ends of Desire in Financial MarketsPart II The Social Licence and Justice4. The Social Licence for Financial Markets5. Realising Justice: the Role of Written StandardsPart III In the End, a Beginning6. Behaviour—Change in Practice7. Policy Implications8. Conclusion—Not an End, but a Beginning

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Book SynopsisThis book describes patterns of behavior that collectively allow universities to exchange knowledge more effectively with industry, accelerate innovation and eventually contribute to economic development. These are based on the effective practices of leading and ambitious universities around the world that the authors have benchmarked, and the personal experiences of the authors in a number of international institution building projects, including those of MIT.The authors provide guidance that is globally applicable, but must be locally adapted. The approach is first to describe the context in which universities act as engines of economic development, and then present a set of effective practices in four domains: education, research, innovation, and supporting practices. Each of these domains has three to six practices, and each practice is presented in a similar template, with an abstract, a rationale and description, key actions and one or two mini-case studies. The practices are summarized by integrative case studies. The book: Focuses on a globally adaptable set of effective practices, complemented by case studies, that can enhance universities’ contribution to economic development, based on an integrated view of education, research and innovation; Presents effective practices and broader insights that come from real global experience, spelled out in templates and explained by cases; Includes tangible resources for university leaders, policy makers and funders on how to proceed. Table of ContentsChapter 1. The Impact of Universities on Economic Development.- Chapter 2. A Systematic Approach to Knowledge Exchange.- Chapter 3. Education and Knowledge Exchange.- Chapter 4. Research and Knowledge Exchange.- Chapter 5. Catalyzing Innovation and Knowledge Exchange.- Chapter 6. Integrated Knowledge Exchange.- Chapter 7. Supporting the Academic Mission of the Adaptable University.- Chapter 8. Evaluation and Expectations at the Adaptable University.- Chapter 9. Alignment by Partners with the Adaptable University.- Chapter 10. Embracing Change at the Adaptable University.

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Book SynopsisUnderstanding Economic Transitions explains the genesis, operation, and transformation of the centrally-planned socialist economy, which figured prominently in the lives of billions of people in twentieth-century Europe and Asia. Just as importantly, the centrally-planned socialist economy’s demise coincided with the shift from nonindustrial to industrial economy (and de-industrialization in some cases) and the onset of ICT-driven globalization. Using theory, empirics, and selected country case studies, this book teases out the enduring lessons from the myriad and fraught pathways of transition from socialism to capitalism. Understanding Economic Transitions provides a self-contained, comprehensive, and authoritative treatment of modern economic systems. This textbook has four features of particular use to students: (i) Using the prism of comparative institutionalism, it melds theory and evidence to revisit the varieties of planned and market-driven systems today; (ii) It takes economic planning seriously in theory and practice (central, cooperative, or indicative) as the most prominent marker of the ever-changing boundaries between state and market; (iii) It focuses on the dynamics of systemic transition in formerly socialist countries by contextualizing them in terms of the whence (central planning), the how (modalities of transition), and the whither (illiberal or liberal capitalism) of politico-economic transformation; and (iv) It examines the profound impact on these structural processes of the post-1990 phase of economic globalization. With its clear, comprehensive content and useful pedagogical features, this textbook will prepare students to understand how economies transition and why.Table of ContentsPART ONE: THEORIES OF COMPARATIVE ECONOMICS.- 1. Economic Systems.- 2. Economic Planning in Various Settings.- PART TWO: TWO CANONICAL STATE SOCIALISMS.- 3. The Soviet CPE I: The Process of Planning.- 4. The Soviet CPE II: The Process of Implementation.- 5. The Chinese CPE: Planning in an Industrializing Economy.- PART THREE: SYSTEMIC TRANSITION IN THEORY AND PRACTICE.- 6. The Market-oriented Transition: Theory.- 7. The Isolationist Russian Road to Capitalism.- 8. The Nationalist Chinese Road to Capitalism.- 9. Two Integrationist Variants: Poland and Vietnam.- PART FOUR: TRANSITION UNDER THE NEW GLOBALIZATION.- 10. Market Integration in the Age of Global Value Chains.- 11. The Developmental State and Political Capitalism.- 12. Comparative Economics Redux.

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Book SynopsisMacroeconomics is the application of economic theory to the study of the economy’s growth, cycle and price-level determination. Macroeconomics takes account of stylized facts observed in the real world and builds theoretical frameworks to explain such facts. Economic growth is a stylized fact of market economies, since England’s nineteenth-century industrial revolution. Until then, poverty was a common good for humanity. Economic growth consists in the persistent, smooth and sustained increase of per-capita income. A market economy shows periods of expanding and contracting economic activity. This phenomenon is the economic cycle. The price of money is the amount of goods bought with one unit of money, in other words, the inverse of the price level. Determination of the price level, or the value of money, is a fascinating subject in a fiat money economy.Table of ContentsIntroduction.- 1. Macroeconomics.- 2. Mathematical Tool: Dynamical Systems.- 3. Book Layout.- Part I: Models with Flexible Prices.- Chapter 1 - The Representative Agent Model.- 1. Basic Model.- 2. Economy with a Government.- 3. Monetary Economy.- 3.1 Monetary Policy Rule: Money Stock Control.- 3.2 Monetary Policy Rule: Nominal Interest Rate Control.- 4. Real Business Cycles.- 5. Exercises.- Chapter 2 - The Open-Economy Representative Agent Model.- 1. Goods Aggregation.- 2. Constant Rate of Time Preference.- 3. Variable Rate of Time Preference.- 3. Interest Rate Risk Premium.- 4. The New Keynesian IS Curve.- 5. Exercises.- Chapter 3 - Overlapping Generations.- 1. Infinite-Live Overlapping Generations.- 2. Economy with a Government.- 3. Open Economy.- 4. Open Economy New Keynesian IS Curve.- 5. Finite-Lice Overlapping Generations.- 6. Exercises.- Chapter 4 - The Solow Growth Model.- 1. The Solow Model.- 2. The Solow Model with Human Capital.- 3. The Solow Model in the Small Open Economy.- 4. Growth Accounting.- 5. Exercises.- Chapter 5 - Economic Growth: Endogenous Savings and Growth.- 1. The Ramsey-Cass-Koopmans Model.- 2. Overlapping Generations Model.- 3. Endogenous Growth Models: An Introduction.- 4. The AK Model.- 5. The Acemoglu-Ventura AK Model of an Open Economy.- 6. The Lucas Human Capital Model.- 7. Romer’s Varieties of Inputs Model.- 8. Aghion and Howit’s Schumpeterian Model.- 9. Exercises.- Part II: Models with Sticky Prices.- Chapter 6 - Keynesian Models: The IS and LM Curves, the Taylor Rule, and the Phillips Curve.- 1. The Keynesian IS Curve.- 2. The New Keynesian IS Curve.- 2.1. Consumer Preferences.- 2.2. Consumer Equilibrium: The Euler Equation.- 2.3. The New Keynesian IS Curve: Discrete Variables.- 2.4. New Keynesian IS Curve: Continuous Variables.- 3. Natural Interest Rate.- 4. The LM Curve.- 5. The LM Curve: Microfoundations.- 5.1. Money in the Utility Function (MIU).- 5.2. Cash in Advance Constraint (CIA).- 5.3. Transaction Cost.- 6. The Taylor Rule.- 7. The Phillips Curve.- 8. The New Keynesian Phillips Curve.- 9. Exercises.- Chapter 7 - Economic Fluctuation and Stabilization.- 1. Keynesian Model: Inflation Inertia.- 2. Keynesian Model: No Inflation Inertia.- 3. New Keynesian Model.- 4. Encompassing Keynesian Model.- 5. Friedman’s Model.- 6. Exercises.- Chapter 8 - Open Economy Macroeconomics.- 1. Arbitrage Pricing of Goods and Services.- 1.1. Absolute Purchasing Power Parity.- 1.2. Relative Purchasing Power Parity.- 1.3. Tradable and Non-Tradable Goods.- 1.4. Terms of Trade and Real Exchange Rate.- 2. Interest Rate Arbitrage.- 2.1. Uncovered Interest Rate Parity.- 2.2. Exchange Rate Determination.- 2.3 Covered Interest Rate Parity.- 2. 4. Uncovered Real Interest Rate Parity.- 3. The Marshall-Lerner Condition.- 4. Open Economy IS Curve.- 4.1 Keynesian IS Curve.- 4.2. New Keynesian IS Curve.- 5. Natural Exchange Rate.- 6. Open Economy Taylor Rule.- 7. Open Economy Phillips Curve.- 7.1 Keynesian Phillips Curve.- 7.2 New Keynesian Phillips Curve.- 8. Exercises.- Chapter 9 - Economic Fluctuation and Stabilization in an Open Economy.- 1. Mundell-Fleming-Dornbusch Model: Fixed Exchange Rate.- 2. Extended Mundell-Fleming-Dornbusch Model: Fixed Exchange Rate.- 3. New Keynesian Model: Fixed Exchange Rate.- 4. Mundell-Fleming-Dornbusch Model: Flexible Exchange Rate.- 5. Extended Mundell-Fleming-Dornbusch Model: Flexible Exchange Rate.- 6. New Keynesian Model: Flexible Exchange Rate.- 7. Exercises.- Part III: Models of Monetary and Fiscal Policies.- Chapter 10 - The Government Budget Constraint.- 1. Treasury and Central Bank Accounts Consolidation.- 2. 2. Public Debt Sustainability.- 2.1. Constant Primary Deficit (Surplus).- 2.2. Variable Primary Deficit (Surplus).- 3. Inflation Tax.- 4. Hyperinflation.- 4.1. Bubble.- 4.2. Multiple Equilibria.- 4.3. Fiscal Crisis and Rigidity.- 4.4. Intertemporal Approach: Fiscal Crisis and Rational Expectations.- 5. Ricardian Equivalence.- 6. Fiscal Theory of the Price Level.- 7. Sustainable Monetary Regime.- 8. Exercises.- Chapter 11 - Monetary Theory and Policy.- 1. Price of Money.- 1.1 Bubbles vs. Fundamentals.- 1.2 Multiple Equilibria.- 1.3 Indeterminacy.- 2. Optimum Quantity of Money.- 3. Zero Lower-Bound Nominal Interest Rate.- 4. Dynamic Inconsistency.- 5. Interest Rate Smoothing.- 5.1 Keynesian Model.- 7.2 New Keynesian Model.- 6. Inflation Targeting.- 7. Operational Monetary Policy Procedures.- 8. The Term Structure of Interest Rates.- 9. Exercises.- Part IV: Mathematical Appendix.- Appendix A - Differential Equations.- 1. First-Order Linear Differential Equation.- 2. Second-Order Linear Differential Equation.- 3. First-Order Linear Differential Equations System.- 4. Linear System of n First-Order Differential Equations.- 5. Initial and Terminal Conditions of the Differential Equations System’s Solution.- 6. Hysteresis.- 7. Exercises.- Appendix B - Optimal Control Theory.- 1. Optimal Control: Basic Problem.- 2. Hamiltonian and Transversality Condition.- 3. Optimal Control with a Discount Rate and Infinite Horizon.- 4. Linear Optimal Control.- 5. Comparative Dynamics.- 5.1 Permanent Change: Unanticipated vs. Anticipated.- 5.2 Transitory Change: Unanticipated vs. Anticipated.- 6. Exercises.- Appendix C - Finite Differences Equations.- 1. First-Order Finite Differences Equation.- 2. Forward- and Backward-Looking Models.- 3. Keynesian Model.- 4. New Keynesian Model.- 5. Encompassing Keynesian Model.- 6. Hybrid Models.- 7. Hybrid New Keynesian Model.- 8 Exercises

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Book SynopsisThe Eurasian Economic Union (EAEU), which includes Russia, Kazakhstan, Belarus, Kyrgyzstan, and Armenia, is a new but substantial regional organization. Significant achievements include a common external customs tariff, a customs union and a common labour market: a well-developed institutional environment has emerged to support and advance these processes, ranging from the Eurasian Economic Commission and the EAEU Court to the Eurasian Development Bank and the Eurasian Fund for Stabilization and Development. This major integration achievement also has several drawbacks and ‘stumbling stones’—some due to Russia’s dominant position, some due to the authoritarian nature of political regimes, and some due to dependence on oil and gas exports. This book presents a detailed qualitative and quantitative assessment of the Eurasian Economic Union, including the history of Eurasian integration, the macroeconomy of EAEU member states, an assessment of trade and investment links, a descriptive analysis of the EAEU Treaty, an analysis of Eurasian institutions, the sociology of integration, the EAEU’s emerging foreign economic policy, relations with the EU and China, the EAEU’s position on One Belt One Road policies, and its mid-term policy agenda. This primer text will be of interest and value for students, academics and practitioners working in economic policy and business communities and interested in the history and development of the Eurasian Economic Union.Table of ContentsIntroductionChapter 1. The History of Eurasian Integration: 1991–2016Chapter 2. Economic and Social TiesChapter 3. EAEU Governance and InstitutionsChapter 4. EAEU Common Markets: Movement of Goods, Services, Labour, and CapitalChapter 5. EAEU External CooperationChapter 6. A “Normal” Regional Integration Organization: Explaining Eurasian IntegrationConclusionAnnex: Main Events of Eurasian integration, 1991-2017

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Book SynopsisModern business cycle theory and growth theory uses stochastic dynamic general equilibrium models. In order to solve these models, economists need to use many mathematical tools. This book presents various methods in order to compute the dynamics of general equilibrium models. In part I, the representative-agent stochastic growth model is solved with the help of value function iteration, linear and linear quadratic approximation methods, parameterised expectations and projection methods. In order to apply these methods, fundamentals from numerical analysis are reviewed in detail. In particular, the book discusses issues that are often neglected in existing work on computational methods, e.g. how to find a good initial value. In part II, the authors discuss methods in order to solve heterogeneous-agent economies. In such economies, the distribution of the individual state variables is endogenous. This part of the book also serves as an introduction to the modern theory of distribution economics. Applications include the dynamics of the income distribution over the business cycle or the overlapping-generations model. In an accompanying home page to this book, computer codes to all applications can be downloaded. Trade ReviewFrom the reviews of the second edition:“The book is devoted to the presentation of such methods applied to solving a variety of discrete stochastic and deterministic DGE models in infinite time horizon. The way the book is written enables to use it as a lecture book for courses on computational methods in macroeconomics or modern dynamic equilibrium modeling for graduate students. There are given many useful practical hints on using the methods in practice - this makes the book very valuable for practical users of DGE models.” (Piotr Mackowiak, Zentralblatt MATH, Vol. 1200, 2011)Table of ContentsRepresentative Agent Models.- Basic Models.- Perturbation Methods.- Deterministic Extended Path.- Discrete State Space Methods.- Parameterized Expectations.- Projection Methods.- Heterogeneous Agent Models.- Computation of Stationary Distributions.- Dynamics of the Distribution function.- Deterministic Overlapping Generations Models.- Stochastic Overlapping Generations Models.- Tools.- Numerical Methods.- Various Other Tools.

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Book SynopsisThe development of international trade theory has created a wide array of different theories, concepts and results. Nevertheless, trade theory has been split between partial and conflicting representations of international e- nomic interactions. Diverse trade models have co-existed but not in a structured relationship with each other. Economic students are introduced to international economic interactions with severally incompatible theories in the same course. In order to overcome incoherence among multiple theories, we need a general theoretical framework in a unified manner to draw together all of the disparate branches of trade theory into a single - ganized system of knowledge. This book provides a powerful – but easy to operate - engine of analysis that sheds light not only on trade theory per se, but on many other dim- sions that interact with trade, including inequality, saving propensities, education, research policy, and knowledge. Building and analyzing various tractable and flexible models within a compact whole, the book helps the reader to visualize economic life as an endless succession of physical ca- tal accumulation, human capital accumulation, innovation wrought by competition, monopoly and government intervention. The book starts with the traditional static trade theories. Then, it develops dynamic models with capital and knowledge under perfect competition and/or monopolistic competition. The uniqueness of the book is about modeling trade dyn- ics.Table of ContentsInternational Trade and Trade Theory.- Classical International Trade Theories.- Trade with Imperfect Competition.- Trade with Factor Mobility.- Money, Exchange Rate, and Trade.- Growth of Small Open-Economies with Capital Accumulation.- One-Sector Global Growth Models with Capital Accumulation.- Growth, Trade Patten and Structure.- Growth and Trade with Capital and Knowledge.- Trade Dynamics with Innovation and Monopolistic Competition.- Growth, Money and Trade.- Trade Patterns and Dynamics.

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Book SynopsisThe second book by one of India''s most influential names in politics who held both the home and financial portfolios when Congressed government was formed from 2004 to 2014, P.Chidambaram offers an exceptional writing ability of a practitioner of public policy. Recommended particularly for students of economics and keen readers, this book is a collection of 51 articles published in a series of Indian Express columns authored by the former finance minister with over three decades of experience in politics and policy-making. Many topics, no matter how controversial, have been detailed from an insider''s perspective and expressed as an outsider to emphasise the complexinks between politics and economics. Covering the 2015 Bihar elections, Goods and Services Tax Bill,and acquisition amendment and Armed Forces Special Powers Act (AFSPA), the author does not shy away from commenting on contentious topicsike- the wasted opportunities by UPA, role of RBI, inferences of the Union Budgets, the alarming challenges thatie at the forefront for the Modi government and the formidable rise of intolerance in the nation. Due of his candid expression and understanding of electoral politics the author provides a road map for the future by giving the opposition the power to voice their insights. The book enlightens the reader of the opposition''s role to stand guard and be as responsible of the nation as the present government. The author claims that a period outside governance makes one reflect on their accomplishments and failures in their tenure and truly understandimitations of the system of administration. The book covers a wide range of topics such as economy, governance, policy and programs, foreign policies, politics andegislation. About the Author PC Chidambaram, born in 1945, is an corporateawyer, a Rajya Sabha MP and an important member of the Congress party. He has served both as the finance minister and home minister of India.

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Book SynopsisSystems approaches for agricultural development are needed to determine rational strategies for the role of agriculture in national development. Mathematical models and computer simulation provide objective tools for applying science to determine and evaluate options for resource management at field, farm and regional scales. However, these tools would not be fully utilizable without incorporating social and economic dimensions into their application. The second international symposium, Systems Approaches for Agricultural Development (SAAD), held in Los Baños, 6-8 December 1995, fostered this link between the biophysical sciences and the social sciences in the selection of keynote papers and oral presentations, a selection of which are included in these books. The contents further reflect how systems approaches have definitely moved beyond the research mode into the application mode. The large number and high quality of interdisciplinary research projects reported from different parts of the globe, to determine land use options that will meet multiple goals and yet sustain natural resource bases, is a key indicator of this `coming of age'. At the farm level, where trade-off decisions between processes and products (commodities) feature strongly, much progress is also evident in the development of systems-based tools for decision making. At the field level optimization of resource use and minimizing environmental effects has become of major concern for which systems approaches are indispensable. The books, of which Volume I deals with regional and farm studies level and Volume II with field level studies, will be of particular interest to all agricultural scientists and planners, as well as students interested in multidisciplinary and holistic approaches to agricultural development.Table of ContentsPreface. The Challenge of Integrating Systems Approach in Plant Breeding: Opportunities, Accomplishments, and Limitations; P.K. Aggarwal, et al. Using Systems Approaches for Targeting Site Specific Management on Field Level; J. Bouma, et al. New High-Yielding, Weed Competitive Rice Plant Types Drawing from O. sativa and O. glaberrima Genepools; M. Dingkuhn, et al. Improving Rice Tolerance to Barnyardgrass through Early Crop Vigour: Simulations with INTERCOM; J.L. Lindquist, M.J. Kropff. Recent Advances in Breeding for Drought Tolerance in Maize; G.O. Edmeades, et al. Potential Yield of Irrigated Rice in African Arid Environments; M. Dingkuhn, A. Sow. Assessing the Potential Yield of Tropical Crops: Role of Field Experimentation and Simulation; R.C. Muchow, M.J. Kropff. Evaluation of the CROPGRO-Soybean Model over a Wide Range of Experiments; K.J. Boote, et al. Adaptation of the CROPGRO Model to Simulate the Growth of Field-Grown Tomato; J.M.S. Scholberg, et al. A Modified Version of CERES to Predict the Impact of Soil Water Excess on Maize Crop Growth and Development; J.I. Kizaso, J.T. Ritchie. Mitigating Climate Change Effects on Rice Yield; S. Mohandass, T.B. Ranganathan. Competition for Light in Windbreak-Millet Systems in the Sahel; M. Mayus, et al. Crop Models and Precision Agriculture; M.Y.L. Boone, et al. A Conceptual Model for Sodium Uptake and Distribution in Irrigated Rice; F. Asch, et al. Using Decision Support Systems to Optimize Barley Management on Spatial Variable Soil; H.W.G. Booltink, J. Verhagen. Application of SOYGRO in Argentina; S. Meira, E. Guevara. Modeling the Effect of Nitrogen on Rice Growth and Development; T. Hasegawa, T. Horie. Optimization of Nitrogen Fertilizer Application to Irrigated Rice; R.N. Dash, et al. Simulating Rice Leaf Area Development and Dry Matter Production in Relation to Plant N and Weather; M. Ohnishi, et al. Influence of Split Application of Nitrogen on Foliar N Content, Photosynthesis, Dry Matter Production and Yield in Short and Medium Duration Rice Cultivars; C. Vijayalakshmi, M. Nagarajan. Systems Approaches to Improve Nitrogen Management in Rice; B. Mishra. Use of Simulation Models to Optimize Fungicide Use for Managing Tropical Rice Blast Disease; S.B. Calvero, P.S. Teng. Yield Gap Analysis of Rainfed Lowland Systems to Guide Rice Crop and Pest Management; H.O. Pinnschmidt, et al. Quantification of the Effects of Bacterial Blight Disease on Rice Crop Growth and Grain Yield; P.R. Reddy. Better Biological Control by a Combination of Experimentation and Modelling; J.C. Van Lenteren, H.W.J. Van Roermund. Quantitative Evaluation of Growth and Yield of Rice Plants Infested with Rice Planthoppers; T. Watanabe, et al. Addressing Sustainability of Rice&endash;Wheat Systems: Analysis of Long-Term Experimentation and Simulation; J. Timsina, et al. Systems Approach in the Design of Soil and Water Conservation Measures; L. Stroosnijder, P. Kiepe. Farming Systems for Sustainable Agriculture and Environmental Quality; R.S. Kanwar, et al. Harnessing Crop Research Data to Develop Expert Systems; K. Muralidharan, E.A. Siddiq. Comparison of Predictions and Observations to Assess Model Performance: A Method of Empirical Validation; P.L. Mitchell, J.E. Sheehy. Acronyms. Subject Index.

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Book SynopsisThis publication aims to facilitate the systematic integration of gender equality dimensions into value chain (VC) development programmes. It raises awareness about gender inequalities and discusses the importance of addressing these dimensions in VC development, while also building a common approach towards work on gender-sensitive VC development. Despite the many advantages of addressing social inequality, gender dimensions often remain overlooked in agricultural development programmes. VC development practitioners may find it challenging to mainstream gender within their work, either because they are unaware of the relevance of gender dynamics to VCs, or because they need technical support in translating gender equality objectives into concrete actions in the implementation of programmes. This framework, companion to the publication, Developing gender-sensitive value chains: Guidelines for practitioners, aims to respond to this gap by raising awareness, building a common approach, and providing concrete guiding principles.

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Book SynopsisThis is an Open Access book. The primary objective of this book is to seek out insights into the concept of high-quality growth (HQG). It explores the essential attributes of HQG, such as inclusiveness, sustainability, and resilience, as well as its relationship with transformation, by drawing principally on illustrative cases and instances of international cooperation. The United Nations document on Sustainable Development Goals (SDGs) states that “We resolve to create conditions for sustainable, inclusive and sustained economic growth, shared prosperity and decent work for all.” As such, the concept of quality growth is inherent in many aspects of the SDGs. A similar approach can be seen in the Development Cooperation Charter announced by the Japanese government in 2015. According to the Charter, one of the most important challenges of development is quality growth and the reduction of poverty achieved through such growth. The approach in the Charter emphasizes inclusiveness, sustainability, and resilience.This volume is a pioneering study on quality growth as well as its relationship with SDGs and transformation. Comprehensive studies on quality growth are very few. The case study approach distinguishes the present volume from some previous literature that discussed quality growth within the framework of general policy. Instead, in this book, concrete cases and experiences provide insights into hands-on “ingredients”. Through the case studies, it can be seen more clearly that transformation and quality growth are phenomena that do not occur automatically but, rather, ones that require specific, properly designed strategies and approaches. Another unique feature of this book is that it aims to make explicit some of the consistent, but implicit, principles of Japan’s international cooperation.Table of ContentsSDGs, Transformation, and Quality Growth: An Overview.- Transforming Economies for Jobs and Inclusive Growth.- Quality growth focusing on resilience to disaster risks.

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Book SynopsisAgricultural products are one of Vietnam's most important exports, contributing considerably to the overall export turnover of the country. Vietnam's agricultural exports are easily affected by external factors. It is overly dependent on the Chinese market, and its agricultural products do not as yet meet strict global standards. Challenges facing Vietnam's export of fruits and vegetables to the Chinese market include technical barriers, long risk assessment periods, restrictions on products exported through official quotas to the Chinese market, and frequent changes in China's policy on border crossings. The ongoing COVID-19 pandemic has underscored the importance of market diversification to this sector. To further develop its agricultural export sector, Vietnam needs to gather and consolidate information on import standards and guide its farmers on product quality requirements. Besides, efforts to gradually diversify its markets are essential for it to avoid being dependent on a small number of partners and markets. Vietnam's participation in international organizations such as ASEAN, APEC, WTO, and AEC exemplifies its increasingly active efforts at seeking new development opportunities. The seventeen bilateral and multilateral free trade agreements which have been signed by Vietnam partly demonstrates efforts at achieving market diversification.

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Book SynopsisTrade Review"Winner of the 2018 Schumpeter Prize Competition, International Joseph A. Schumpeter Society""A rare breadth of economic analysis."---Paschal Donohoe, Irish Times"Best discerns and deciphers key economic trends at critical junctures in world history, and we should warmly welcome his willingness to sacrifice many of the sacred cows of economics on the altar of greater understanding."---Michael M. Rosen, Weekly Standard"A wonderful analysis of how regions catch up and shape the industrial frontier through the capability triad."---Rajah Rasiah, Asia Pacific Business Review"Best shows that overlooking production in economics has led to a major misunderstanding of how the economy grows in the real world." * Choice *

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Book SynopsisChad's economy has contracted since 2015, preventing poverty reduction and the improvement of development outcomes. This Systematic Country Diagnostic identifies key constraints on poverty reduction and recommends solutions.

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Book SynopsisStudents in economics are ever more distressed by the disconnect between mainstream economics and the real world. This book shows how post-Keynesian economics constitutes a coherent heterodox alternative, based on realistic assumptions and the integration of the financial and real sides of the economy, with an emphasis on the many paradoxes that arise in a truly macroeconomic analysis.The book is a considerably revised and updated version of the widely used and frequently cited 2014 edition. It provides a comprehensive account of post-Keynesian theory and policy. Topics covered include its methodological foundations, consumer theory and choice under fundamental uncertainty, firms and pricing, money and credit, effective demand and employment, growth theory, open-economy issues, inflation theory. It also links with ecological economics. Scholars of economics, particularly post-Keynesian and heterodox economists, will find this comprehensive look at the field a necessary addition to their libraries, while students and instructors will find it a perfect text for any class on post-Keynesian economics.Trade ReviewWinner of the EAEPE Myrdal Prize (now the Joan Robinson Prize)‘Marc Lavoie’s thoroughly revised Post-Keynesian Economics provides an irrefutable critique of mainstream economics, which is becoming ever more recondite and irrelevant. But the book does much more, offering the clear prospect of an intellectual renewal of both micro- and macroeconomics, firmly founded on realistic assumptions relevant for a world of fundamental uncertainty and integrating finance and the real economy. Lavoie’s Post-Keynesian Economics, unparalleled in its coverage of establishment and post-Keynesian micro- and macroeconomics, is a work of lasting importance. An amazing feat.’ -- Servaas Storm, Delft University of Technology, the NetherlandsAcclaim for the first edition:‘I am delighted to have been invited to present a discussion of Marc Lavoie’s Post-Keynesian Economics: New Foundations. I was contemplating whether to give my short review, “it’s a brilliant book, you must buy it”, or my longer and more considered review, “it’s a brilliant book, you must buy it and I wish I had written it!” . . . It is a book every economist should have on his (or her) shelf, placed within easy reach.’ -- John McCombie, European Journal of Economics and Economic Policies: InterventionTable of ContentsContents: Notation used in the book Preface to the Second Edition 1. Essentials of heterodox and post-Keynesian economics 2. Theory of choice 3. Theory of the firm 4. Credit, money and central banks 5. Effective demand and employment 6. Accumulation and capacity 7. Open-economy macroeconomics 8. Inflation theory 9. Concluding remarks References Index

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Book SynopsisThe fascinating sociocultural story of how the silk textile conquered the luxury world and remained prestigious throughout the ages.Trade Review"Back in economic history, we find that a Dutch philosopher from the 17th century -- Mandeville -- elicited luxury as the sole support for the economy to work. the Scottish Adam Smith, a century later -- well-known as the father of economics -- was heavily influenced by Mandeville. Trini Callava went with all vigor back to history, and thoroughly pursued a profound study of silk -- an icon of luxury of all times -- as key not to just social and economic order, but also, an anthropological need. The strategy of luxury should be a core study in all business schools." --Alejandro Ruelas-Gossi, PhD, Clinical Professor of Strategy and Innovation, Universidad de Navarra, School of Economics & Business "Trini takes a unique perspective to explore and understand the remarkable journey of silk through the ages as a symbol of luxury. In this journey, the reader will get a chance to ponder culture, consumerism, and globalization." --Michael Tsiros, PhD, Patrick J. Cesarano Professor and Chair of Marketing, University of Miami Business School

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Book SynopsisThis landmark handbook collects in a single volume the current state of cutting-edge researchon the capability approach. It includes a comprehensive introduction to the approach as well as new research from leading scholars in this increasingly influential multi-disciplinary field, including the pioneers of capability research, Martha C. Nussbaum and Amartya Sen. Incorporating both approachable introductory chapters and more in-depth analysis relating to the central philosophical, conceptual and theoretical issues of capability research, this handbook also includes analytical and measurement tools, as well as policy approaches which have emerged in the recent literature. The handbook will be an invaluable resource for students approaching the capability approach for the first time as well as for researchers engaged in advanced research in a wide range of disciplines, including development studies, economics, gender studies, political science and political philosophy.Trade Review'Starting with Amartya Sen's seminal 1979 Tanner Lectures, the capabilities approach has come to occupy a major space in economics and philosophy. The handbook's audacious range, covering the subject's historical roots, summarizing econometric techniques to operationalize it, evaluating its inter-connection with traditional welfare economics, and also to the mysteries of nature and the role of wonder - make it an intellectual feast. I have no doubt that the book will become the most important compendium on the subject.' Kaushik Basu, Cornell University'This volume situates the capability approach to justice historically and philosophically, provides a record of its achievements in modeling and measuring a vital aspect of human flourishing, and identifies a continuing program of promising research and reflection. Looking back and looking forward, it is an essential handbook for novices and experts alike.' Philip Pettit, Princeton University & Australian National University'Understanding the capability approach is a great challenge, given the wide range of disciplines and debates involved. This handbook will greatly help those taking up that challenge. It includes chapters on the historical roots of the capability approach, philosophical debates, questions of measurement and evaluation, and questions of public policy and social concerns. This major contribution will be required reading for all students and scholars of the capability approach.' Ingrid Robeyns, Utrecht UniversityTable of ContentsForeword Amartya Sen; General introduction Enrica Chiappero-Martinetti, Siddiqur Osmani and Mozaffar Qizilbash; Part I. Historical Antecedents and Philosophical Debates: Introduction to Part I Mozaffar Qizilbash; 1. The capabilities approach and the history of philosophy Martha C. Nussbaum; 2. Karl Marx and the capabilities approach David Leopold; 3. Utility and capability: J. S. Mill and Amartya Sen L. Wayne Sumner; 4. Intellectual history and defending the capabilities approach David Weinstein; 5. Sen, Smith and the Cambridge tradition Luigino Bruni; 6. The capability approach to well-being and freedom from the viewpoint of welfare economics and social choice theory Kotaro Suzumura; 7. Resources or capabilities? An introduction to the debate Ilse Oosterlaken; 8. Taking multidimensionality seriously: capabilities, Rawls's primary goods, and guiding action Henry S. Richardson; 9. The capabilities approach and political liberalism Richard Arneson; 10. Selecting a list: the capability approach's Achilles heel Rutger Claassen; 11. Individualism and the capability approach: the role of collectivities in expanding human capabilities Solava Ibrahim; 12. The politics of wonder: the capabilities approach in the context of mass extinction Jeremy Bendik-Keymer; Part II. Methods, Measurement and Empirical Evidence: Introduction to Part II Enrica Chiappero-Martinetti; 13. Social choice and the capability approach Maurice Salles; 14. On capability and its measurement Prasanta K. Pattanaik and Yongsheng Xu; 15. Analyzing capabilities: games, groups and effectivity Martin van Hees; 16. Implementing the capability approach with respect for individual valuations: an illustration with Colombian data Koen Decancq, Erik Schokkaert and Blanca Zuluaga; 17. Capability, opportunity, outcome – and equality Ravi Kanbur; 18. The distribution of capabilities: up, down, sideways and along Tania Burchardt; 19. Inter-group disparities in the distribution of human development: two apparent conundrums and how we might address them Peter J. Lambert and Sreenivasan Subramanian; 20. Multidimensional inequality and human development Suman Seth and Maria Emma Santos; 21. The research agenda on multidimensional poverty measurement: important and as-yet unanswered questions Sabina Alkire; 22. Measuring gender inequality using the capability approach: issues and challenges Stephan Klasen; 23. Econometric and statistical models for operationalising the capability approach Jaya Krishnakumar; 24. Expanding capabilities through participatory action research Alejandra Boni and Alexandre Apsan Frediani; Part III. Issues in Public Policy: Introduction to Part III Siddiqur Osmani; 25. On education and capabilities expansion Melanie Walker; 26. Capability approach to children's well-being and well-becoming Mario Biggeri; 27. Capability and disability Lorella Terzi; 28. Social exclusion and capability development Jonathan Wolff; 29. Human security Des Gasper; 30. Income inequality and human capabilities Rolph van der Hoeven; 31. The capability approach and human rights Polly Vizard; 32. Capabilities and the law Katharine Gelber; 33. Capabilities, public reason and democratic deliberation Jay Drydyk; 34. Entitlements and capabilities Sanjay G. Reddy and Adel Daoud; 35. Religion and the capability approach Séverine Deneulin and Augusto Zampini-Davies.

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Book SynopsisWhat makes countries rich? What makes countries poor? Europe''s Growth Champion: Insights from the Economic Rise of Poland seeks to answer these questions, and many more, through a study of one of the biggest, and least heard about, economic success stories. Over the last twenty-five years Poland has transitioned from a perennially backward, poor, and peripheral country to unexpectedly join the ranks of the world''s high income countries. Europe''s Growth Champion is about the lessons learned from Poland''s remarkable experience, the conditions that keep countries poor, and the challenges that countries need to face in order to grow. It defines a new growth model that Poland and its Eastern European peers need to adopt to grow and catch up with their Western counterparts. Poland''s economic rise emphasizes the importance of the fundamental sources of growth- institutions, culture, ideas, and leaders- in economic development. It demonstrates that a shift from an extractive society, wherTrade ReviewThe clarity of the author's reasoning is in fact one of the book's greatest merits * Guzowski, Piotr, EH.Net *Poland's economic success over the last three decades is nothing short of remarkable. This insightful book shows how Poland owes its success to its ability to build broadly inclusive economic institutions, and traces the roots of ability to build broadly inclusive economic institutions, and traces the roots of this institutional transformation to the country's history, to its political transition driven by its middle class, to the anchor that the European Union provided, and to good political leadership. A must read for anybody who wants to understand the process of economic reform, especially today when we are witnessing the rise of an authoritarian government in Poland threatening to reverse some of these achievements. * Daron Acemoglu, Massachusetts Institute of Technology, US *An ambitious and successful effort at explaining the evolution of Poland from feudalismto communism and to today' success story. Full of insights, with deep lessons about development in general. A pleasure to read. * Olivier Blanchard, Peterson Institute, US, former Chief Economist of the IMF *This highly readable book provides a comprehensive and novel explanation of Poland's rise to the ranks of high-income economies over the course of a single generation. The book will be essential reading for economists and economic policy-makers, including those in Poland, who face the daunting task of creating and implementing a new economic model for the future. * Dale Jorgenson, Harvard University, US *Based on comprehensive comparative research and rich personal experience, Piatkowski wrote a unique book on the post-communist transformation to a market-based, democratic and civic society. This is a tour de force on socio- socioeconomicchanges in Poland-a country that almost 30 years ago initiated the historic process of transition and was the most successful economy to cope with its immense challenges. Piatkowski persuasively explains how this happened and what is the likely future not only for Poland, but also for the whole post-communist region and Europe. * Grzegorz W. Kolodko *Most countries in the world are trapped in poverty or middle-income status. However, a country's destiny can change. Piatkowski analyzes Poland's recent success of ascending from a relatively poor to a high-income country in a generation's time. The book provides both inspiration and useful lessons for countries still struggling to change the fate of their nations. * Justin Yifu Lin, Peking University, China, former Chief Economist of the World Bank *What did Poland do to become the most successful European economy in the past thirty years? This brilliant and original book answers the question and rekindles the debate on whether successful economic development is driven by good institutions, good policies, lucky geography . . . or all three. * Branko Milanovic, Graduate Center City University of New York, US *No country did better than Poland after the fall of communism. This book dissects not just the specific policies that made this successful transition possible, but also its deeper roots in culture, institutions, and ideas-providing some surprising answers along the way. Piatkowski has written a deeply hopeful book that shows the way forward for Poland and other similarly situated economies. * Dani Rodrik, Harvard University, US *A new book on Poland's success, Europe's Growth Champion, by Marcin Piatkowski, highlights a paradox. What outsiders saw, and Poles bemoaned, in 1989 was indeed dreadful, a destitute country with dire infrastructure, pitiful wages, clapped-out industry and bankrupt public finances. But the deeper legacy of communism, the book argues, was a positive one. . . . Mr Piatkowski's arguments deserve careful consideration. The question of why some countries get rich and others stay poor is the most important economic puzzle of our times, and one that economists themselves struggle to solve. * Edward Lucas, The Times *A deep, surprising and cleverly written book about Europe's untold success story. * Tim Harford, author of Fifty Inventions That Shaped The Modern Economy and The Undercover Economist *Europe's Growth Champion is an in-depth analysis of why and how Poland has managed to build a competitive and inclusive market economy just within one generation. Marcin Piatowski's careful and theoretically sound analysis of what has and has not worked in Poland is a great guide for any reformer-and the reassurance that market reforms can deliver if correctly designed and implemented. * Sergei Guriev, Chief Economist, European Bank for Reconstruction and Development *"Poland has entered its true Golden Age," writes Marcin Piatowski in this lucid and stimulating account of Poland's transformation. * Tony Barber, Financial Times *Today, many take Poland's postcommunist economic success for granted, but that was never true. Piatkowski underscores how extractive Poland's old economic system was and how harmful its old elite. He shows convincingly that Poland's transformation proves that success is possible also where rent seeking is deeply entrenched. But it requires a real shock that breaks the old system and its ruling class. New institutions as well as a different culture are needed and they can be built. * Anders Åslund, Atlantic Council, Washington, DC *One of the main reasons why countries in Central and Eastern Europe are poorer than Western European countries is because they often reverse important reforms. Poland is no exception in this regard, this time around despite an enviable economic and social performance since the transition and the historically unparalleled anchoring that the European Union provides. This book not only provides an excellent analysis of the fundamental factors that brought about this unprecedented growth spurt in Poland, but it also offers a strong hope that these factors will be robust enough to prevent reform reversals and keep Poland on its rapid convergence trajectory. I can only hope that the author is right about this. A must read for economists, policymakers and politicians in the region. * Istvan Szekely, Director, European Commission, DG ECFIN *Piatkowski's book provides the most thorough analysis so far of the reasons behind Poland's economic successes since it embarked on the transition to the market economy. Blending advanced economic analysis together with a deep historical perspective, this book is a great example of how contemporary economic methods can deliver very fruitful insights and enlighten policy debates. * Prof. Gerard Roland, E. Morris Cox Professor of Economics and Political Science at the University of California, Berkeley *Europe's Growth Champion. Insights from the Economic Rise of Poland is a groundbreaking analysis, a pioneering work on post-communist development in Poland and in Central and Eastern Europe, and a crucial guide to understanding how to achieve developmental success in the post-communist context. It should be read by anyone who is interested in development and postcommunist economic transition in Poland and beyond, or in root causes, institutional arrangements, state policies and other factors of contemporary development successes. * Andrzej Bolesta, United Nations Economic and Social Commission for Asia and the Pacific, Europe-Asia Studies *Table of ContentsIntroduction 1: Fundamental Sources of Growth: Institutions, Culture and Ideas 2: From Black Death to black hole 3: What the Black Death was to Western Europe, Communism was to Central and Eastern Europe 4: Poland's Transition Success Story 5: Drivers of Poland's Successful Transition 6: Fundamental Sources of Poland's Growth: The Role of Institutions 7: The Role of Culture, Ideas, and Leadership 8: Will Poland's Success Continue? Projections, Scenarios, and Risks 9: The New Growth Model for Central and Eastern Europe: "The Warsaw Consensus" 10: Conclusions and the Way Forward

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Book SynopsisOrlando Patterson returns to Jamaica, his birthplace, to reckon with its history and culture. Locals claim to be some of the world’s happiest people, and their successes in music and athletics are legendary. Yet the country remains violent and poor. In Jamaica the dilemmas of globalization and postcolonial politics are thrown into stark relief.Trade ReviewFascinating…Such breadth makes this an eye-opening volume. It is also illuminating because Patterson carefully explores the complexity of the structural machinery behind Jamaica’s dazzling successes and dismal failures, rather than just chalking these up to simple causes. Although at times Patterson is critical of and disappointed by his fellow Jamaicans, his admiration for the nation’s independent spirit shines through. -- Carrie Gibson * New York Times Book Review *An exploration of politics, economic development, and popular culture in the nearly 60 years since the island’s independence, the book seeks to understand what became of the promises of decolonization…In the ruins of postcolonial Jamaica, Patterson unearths a vibrant popular culture, centered in particular on dancehall music, that can provide new resources to address the postcolonial predicament…He uses the ‘confounding island’ as the site from which to understand the world. -- Adom Getachew * The Nation *Excellent…One thing I like so much about this book is that it tries to answer actual questions you might have about Jamaica. -- Tyler Cowen * Marginal Revolution *Patterson explores the paradoxes of his native Jamaica in a series of stimulating essays. -- Richard Feinberg * Foreign Affairs *Everybody wonders what makes Jamaica so different. The prominent Harvard sociologist dares to ask. Dares to answer, too. -- Stephen L. Carter * Bloomberg Opinion *Unlike many observers of Jamaica, Patterson is thoroughly balanced in his assessment of Jamaica’s postcolonial failures…Patterson’s masterpiece covers a wide range of topics from democracy to culture, thus making it a must-read for anyone interested in understanding the paradox of Jamaica. -- Lipton Matthews * Jamaica Observer *[A] masterful study. -- Paget Henry * American Journal of Sociology *Filled with piercing insights and written in Patterson’s crystalline style, The Confounding Island exemplifies the universalization of the particular that is the hallmark of great art and great social science. Patterson draws on research as well as personal experience and family history to shed light on some of the paradoxes, great failures, and outsized successes of postcolonial Jamaica. -- George Steinmetz, author of The Devil’s HandwritingJamaica, the birthplace of reggae, a fiercely democratic island with staggeringly high crime rates, and a case study in the history of extractive colonialism, is an enigma that still fascinates the world. In this masterful history infused with personal feeling and detail, Orlando Patterson, the eminent scholar of the Caribbean, delivers a memorable, nuanced, and insightful social analysis of the island and its place in global history. Highly recommended. -- Daron Acemoglu, coauthor of Why Nations Fail: Origins of Power, Prosperity, and PovertyIn The Confounding Island, Patterson challenges established dogma and slays old shibboleths by employing historical and cultural analyses to explain contemporary Jamaican social and economic phenomena, and he succeeds in taking the ‘confound’ out of ‘confounding’. The result is a clearer understanding of what makes Jamaica and Jamaicans tick. -- Ian Randle, Chairman, Ian Randle PublishersPatterson draws upon vast amounts of data, literature, and first-hand policy experience to present a rigorous and deeply insightful analysis of the paradox of Jamaica. This is an indispensable work for anyone interested in Jamaica’s development. -- Nigel Clarke, Minister of Finance and the Public Service of JamaicaOrlando Patterson weaves together an extraordinarily diverse range of disciplines to give us a comprehensive explanation of Jamaica’s history of success in some areas, yet chronic failure in others. This book is a game-changer whose themes resonate far beyond Jamaica to the challenges of economic development more generally; it will be assigned to generations of students to come. I predict that, despite its completely different subject matter, The Confounding Island will give Patterson’s iconic Children of Sisyphus strong competition as a must-read among West Indians. What a book! -- Eleanor Marie Brown, Pennsylvania State UniversityIn positioning Jamaica’s global impact in athletics and music against endemic violence and poverty, Patterson challenges the reader to engage with the stark contrasts between individual success in popular music and athletic sprints and failures in economic, social, and political pursuits that require sustained collective efforts. -- Rupert Lewis * sx salon *Demonstrates how one place—in this case, Jamaica—can provide critical insights into the broad theoretical and political issues of our time…A welcome capstone to a long and committed engagement with the legacies of slavery, the way the imperial era damaged us (rather than tutoring us, as is so often touted), and the ways the past lives in the present. -- Deborah A. Thomas * New West Indian Guide *

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Book SynopsisWhat is economic growth? And why, historically, has it occurred in only a few places? Previous efforts to answer these questions have focused on institutions, geography, finances, and psychology. But according to MIT''s antidisciplinarian César Hidalgo, understanding the nature of economic growth demands transcending the social sciences and including the natural sciences of information, networks, and complexity. To understand the growth of economies, Hidalgo argues, we first need to understand the growth of order.At first glance, the universe seems hostile to order. Thermodynamics dictates that over time, order,or information,disappears. Whispers vanish in the wind just like the beauty of swirling cigarette smoke collapses into disorderly clouds. But thermodynamics also has loopholes that promote the growth of information in pockets. Although cities are all pockets where information grows, they are not all the same. For every Silicon Valley, Tokyo, and Paris, there are dozens of placesTrade ReviewFinalist for the 2015 Hayek Book and Lecture Prize "The concept of information is necessary to make sense of anything that is not a boring featureless mass, including life, mind, society, and value. Why Information Grows lucidly explains the foundations of this essential concept, while creatively applying it in exciting new ways. It is filled with interesting ideas, and a pleasure to read."--Steven Pinker, Johnstone Professor of Psychology, Harvard University, and author of The Language Instinct and How the Mind Works "Mr Hidalgo succeeds brilliantly in bringing his complex subject to life. His book is full of nuggets, from memorable phrases to interesting metaphors."--Economist "Written in an accessible and entertaining style... Hidalgo has made a bold attempt to synthesise a large body of cutting-edge work into a readable, slender volume. This is the future of growth theory and his thought-provoking book deserves to be widely read."--Financial Times "Contains some innovative thinking about what drives growth that could help us to navigate the turbulence of the ever more interconnected global economy."--Nature "Thought-provoking...Well written and accessible, the book is full of interesting ideas that deserve to be read and discussed."--CHOICE "An impassioned argument for the advantages of an information-centric view of economic growth, and for understanding the different capacities of nations to provide solutions to human problems... Hidalgo persuasively demonstrates the value of this approach by placing the ideas firmly in their historical context, both in information theory and in physics... Hidalgo's perspective on economic wealth is wildly fresh and creative. Physicists will enjoy reading about familiar ideas in new ways, and will also find value in learning how these ideas can be applied fruitfully in areas seemingly far away from physics. Economists and other social scientists will find new concepts ripe for profitable use."--Physics World "Anybody interested in the future of mathematical theory in economics should read Cesar Hidalgo's book Why Information Grows. There are many things to like about this lucid account of the evolution of our scientific understanding of information. One of the most important may be the simplest. It illustrates what it means to think like a physicist."--Paul Romer, founding director of the Urbanization Project at NYU Stern "A mind-stretching, unconventional book that draws on information theory, physics, sociology and economics to explain economic growth and why it occurs in some places, not all."--Pittsburgh Tribune-Review ~b~>"Hidalgo invites us to understand the economy in an entirely different way... [A] novel, holistic take on the dismal science."--Kirkus Reviews "Why Information Grows shows us how humans infuse information into matter, making it more valuable than gold. Hidalgo's work brilliantly spotlights the true alchemy of the twenty-first century and its impact from economic complexity to national competitiveness."--Albert-Laszlo Barabasi, Distinguished Professor and Director of Northeastern University's Center for Complex Network Research, and author of Linked "Economies are built out of information. This has been true from the Stone Age to our knowledge economy today. Yet until Cesar Hidalgo's breakthrough book, we have not had a deep account as to how and why this is so. This exciting, important book is a major step toward a twenty-first century theory of growth."--Eric Beinhocker, Executive Director, Institute for New Economic Thinking, University of Oxford and author of The Origin of WealthspanTable of ContentsPrologue: The Eternal War Introduction: From Atoms to People to Economics PART I Bits in Atoms Chapter 1. The Secret to Time Travel Chapter 2. The Body of the Meaningless Chapter 3. The Eternal Anomaly PART II Crystallized Imagination Chapter 4. Out of Our Heads! Chapter 5. Amplifiers PART III The Quantization of Knowhow Chapter 6. This Time, It's Personal Chapter 7. Links Are Not Free Chapter 8. In Links We Trust PART IV The Complexity of the Economy Chapter 9. The Evolution of Economic Complexity Chapter 10. The Sixth Substance Chapter 11. The Marriage of Knowledge, Knowhow, and Information PART V Epilogue Chapter 12. The Evolution of Physical Order, from Atoms to Economics Acknowledgments: Bleeding Words Notes Index

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Book SynopsisLawrence McDonald (Author) Lawrence McDonald is risk consultant to hedge funds, family offices, asset managers and investors across twenty-three countries. One of Wall Street's most respected financial experts, McDonald has made more than 1,400 media appearances. Previously, he was a vice president of distressed debt and convertible securities trading at Lehman Brothers.James Robinson (Author) James Robinson is a co-founder of The Bear Traps Report and the CEO of Robinson Speakers Bureau.

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Book SynopsisAntoine van Agtmael coined the term "emerging markets" and built a career and a multibillion-dollar investing firm centered on these surging economies that would, over time, supplant the West as engines of wealth and prosperity. The trend held for decades, but a few years ago van Agtmael and Alfred Bakker, a renowned European journalist, began seeing signs that the tide might be turning. For example, during a visit to an enormously successful chip company in Taiwan, the company's leaders told them that their American competitors were now eating their lunch. And Taiwan was not the only place giving them this message.Thus began a remarkable two-year journey to reassess the conventional wisdom that the United States and Europe are yesterday's story and to determine whether there something profound is happening that points the way to the creation of the next economy. In The Smartest Places on Earth, van Agtmael and Bakker present a truly hopeful and inspiring investigation into the emerging sources of a new era of competitiveness for America and Europe that are coming from unlikely places--those cities and areas once known as "rustbelts" that have, from an economic perspective, been written off. Take Akron, Ohio, whose economy for decades was dependent on industries such as tire manufacturing, a product now made cheaply elsewhere. In Akron and other such communities, a combination of forces--including visionary thinkers, government initiatives, start-ups making real products, and even big corporations--have succeeded in creating what van Agtmael and Bakker call a "brainbelt." These brainbelts depend on a collaborative work style that is unique to the societies and culture of America and Europe, since they involve levels of trust and freedom of thinking that can't be replicated elsewhere. They are producing products and technologies that are transforming industries such as vehicles and transportation, farming and food production, medical devices and health care.For several decades, American and European industry focused on cost by outsourcing production to those emerging markets that can make things cheaper. The tide has now turned toward being smart, as van Agtmael and Bakker report, and the next emerging market, may, in fact, be the West.

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Book SynopsisTimely, compelling, and certain to be controversiala deeply researched study that reveals how companies and policy makers are hindering innovation-led growth Conventional wisdom holds that Western economies are on the threshold of fast-and-furious technological development. Fredrik Erixon and Bjorn Weigel refute this idea, bringing together a vast array of data and case studies to tell a very different story. With expertise spanning academia and the business world, Erixon and Weigel illustrate how innovation is being hampered by existing government regulations and corporate practices. Capitalism, they argue, has lost its mojo. Assessing the experiences of global companies, including Nokia, Uber, IBM, and Apple, the authors explore three key themes: declining economic dynamism in Western economies; growing corporate reluctance to contest markets and innovate; and excessive regulation limiting the diffusion of innovation. At a time of low growth, high unemployment, and increasing income inequality, innovation-led growth is more necessary than ever. This book unequivocally details the obstacles hindering our future prosperity.Trade Review"Fredrik Erixon and Björn Weigel make a thought-provoking and refreshingly non-ideological argument that a bleak future lies ahead unless capitalism undergoes a shake-up."—Matthew Rees, Wall Street Journal"Erixon and Weigel know how to make their case seductive and entertaining. They describe the four horsemen of capitalist decline riding down innovation before it has any chance of reaching the wider world . . . liberally sprinkled with colourful examples . . . nourished with statistics. . . . The book is eloquent in laying out its thesis."—Peggy Hollinger, Financial Times"Faceless owners, risk-averse managers, globalisers and regulators are the villains of this book that challenges the idea that we are in an age of endless innovation. On the contrary, the authors point out, many innovations are more fun than fundamental."—Andrew Hill, "Best Books of 2016: Business," Financial Times"For a serious book of its kind on economics, one that attempts to bridge the divide between think-tank land and the general reader, The Innovation Illusion is unusually clear and leavened with popular culture references. The Smiths and James Joyce are both quoted. . . . This is an important book that diagnoses the extent of the economic problem and prescribes a strong dose of disruption."—Iain Martin, TimesEconomic stagnation afflicts the developed world, and the puzzle of slow productivity growth is the leading economic question of our age. Erixon and Weigel have developed a profoundly original and multi-faceted explanation rooted in the dead weight of corporate bureaucracy, with its striving for short-term profits and avoidance of risk, as well as government-created regulatory complexity and policy uncertainty. The book is concise, lively, full of examples, and deeply researched from sources that span economics and management science."Economic stagnation afflicts the developed world, and the puzzle of slow productivity growth is the leading economic question of our age. Erixon and Weigel have developed a profoundly original and multi-faceted explanation rooted in the dead weight of corporate bureaucracy, with its striving for short-term profits and avoidance of risk, as well as government-created regulatory complexity and policy uncertainty. The book is concise, lively, full of examples, and deeply researched from sources that span economics and management science."—Robert J. Gordon, Stanley G. Harris Professor in the Social Sciences, Northwestern University, and author of The Rise and Fall of American Growth Innovation is the life blood of the modern economy and our economies seem to be a litre or two short. This highly accessible book argues convincingly that the problems we are having with R&D is not the ‘R’ part, it is the ‘D’ part. We are not lacking invention, we are lacking the policy and competitive environment needed to turn new science into new, economically useful product and processes. This is an important and insightful read for all those concerned by big-picture economic problems."A very well written account of how corporate bureaucracy, rent-seeking and regulation are slowing the pace of innovation."—John Kay, Financial Times and author of Other People’s Money"Today's hidebound capitalism is throttling not just the west’s economic growth, but even the aspirations of its people. If dynamism is to be regained, argues this thought-provoking book, we must reject the rentier capitalism that masquerades as the real thing. This argument for a more dynamic market economy is not just challenging; it is also of huge importance."—Martin Wolf, Financial Times

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Book SynopsisAn essential companion for understanding the decision theory underlying artificial intelligence, how to model the impacts of artificial intelligence on economic growth, productivity, labour markets and inequality, and how to make sense of the debate whether AI poses an existential risk.

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Book Synopsis

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a huge range and FREE tracked UK delivery on ALL orders.

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a huge range and FREE tracked UK delivery on ALL orders.

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Book Synopsis

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Book SynopsisInequality is a global concern, for its social and human consequences, and its impact on the pace and pattern of economic growth. In India and Brazil, this issue has received increasing attention in recent years. In Brazil, inequality grew until the 1980s, when it reached extreme levels, but has since been declining, especially during the first decade of the twenty-first century. In India, inequality showed little change up to the 1980s, but has since been rising. These differences result from a variety of economic, social and political factors, which are examined in depth in this comparative study. The book examines inequality in overall distributions of income and expenditure, and disparities across gender, region, caste, race, and access to education. It compares the experience of the two countries, and draws conclusions on the types of policy frameworks and institutions that might lead to a more equitable pattern of growth.Table of ContentsList of tables; List of graphs and maps; Preface and acknowledgements; List of abbreviations; 1. Brazil and India: a mirror image of each other?; 2. Approach and method 3. India and Brazil in the decades; 4. India and Brazil from 1980 until the present; 5. Key divides and cleavages: ruptures, continuities, or adaptation?; 6. Inequality in social and economic context; 7. Post-script; Index.

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Book SynopsisWhy are some states in India able to facilitate foreign capital inflows better while others are not? This book addresses the socio-political factors such as ideas and interests of political actors, which produce the different levels of foreign direct investment (FDI) in states of India. It studies the causal role of disparate state-society relations in the evolution of institutions facilitating and regulating FDI inflows in the states through a comparative case study on the manufacturing industries of Tamil Nadu and Odisha.Trade Review'Sojin Shin's study broadens our understanding of development in Asia. It highlights the local variation in state-society relations and institutional change that promotes or discourages foreign direct investment, as observed in the more politically inclusive Tamil Nadu and the largely exclusionary state of Odisha. In doing so, the study brings attention to the considerable importance of non-market factors that drive firm decisions to locate or dismantle investment projects. It is equally valuable for drawing out the economic linkages between East and South Asia. This book is a welcome addition to scholars of Asian political and economic development.' Sooyeon Kim, National University of Singapore'Sojin Shin's study offers a rare glimpse of the struggles and contests around FDI promotion in two important states of Tamil Nadu and Odisha. She shows how and why state actors embody different ideas, and negotiate with different elements of mobilized society in the two states. In essence, Sojin Shin adds a much-needed political flavor to the dynamics of FDI implementation in India. Societal responses to FDI policies and varying state-society linkages come alive in this important book.' Aseema Sinha, Claremont McKenna College, California'Why do some FDI projects succeed and some fail? A perplexing question everywhere, but particularly so for India where everything and its opposite can be true at the same time. Sojin Shin combines deep scholarship, sharp analysis and rich political economy insights to help us find an answer. A masterly book that policy makers and potential investors must read.' Duvuuri Subbarao, Former Governor, Reserve Bank of IndiaTable of ContentsPreface; 1. Introduction; 2. FDI inflows in India: ideas, interests, and institutional change; 3. FDI inflows in Tamil Nadu: inclusionary ideas, weakened interests, and incremental institutional change; 4. Making FDI work in Tamil Nadu; 5. FDI inflows in Odisha: weakened ideas, strong interests, and unstable institutional change; 6. Making FDI work in Odisha?; 7. Conclusion; Bibliography; Index.

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Book SynopsisDespite Ghana''s strong democratic track record in recent decades, the economy remains underdeveloped. Industrial policies are necessary to transform the colonial trading economy that Ghana inherited at independence, but successive governments have been unwilling or unable to implement them. In this highly original interpretation, supported by new empirical material, Lindsay Whitfield exposes the reasons for why the Ghanaian economy remains underdeveloped and sets her theory in the wider African context. She offers a new way of thinking about the political economy of Africa that charts a clear path away from defining Africa in terms of neopatrimonial politics and that provides new conceptual tools for addressing what kind of business-state relations are necessary to drive economic development. As a study of Ghana that addresses both the economy and politics from early colonialism to the present day, this is a must-read for any student or scholar interested in the political economy of dTrade Review'This important book, which synthesizes the large Ghana scholarship as well as using lots of original research by the author, makes a strong case for the country monograph and the generation of new knowledge about actually existing societies through serious, long-term fieldwork. At the same time, its comparative and theoretical relevance is much broader: as a companion volume to the influential The Politics of Industrial Policy in Africa, it clearly outlines the difficulties of transforming African states in a context of competitive clientelism and weak domestic capitalists. A must read for all interested in African political economy, the politics of development, and debates about economic diversification more generally.' Ricardo Soares de Oliveira, University of Oxford 'There is a growing consensus that we need to know more about who controls the economy, and how they do so, if we are to better understand contemporary Africa. This thorough and powerfully argued volume answers these questions for the case of Ghana. We need to read it, learn its lessons, and hope that it will inspire others to do the same for other African states.' Nic Cheeseman, University of Birmingham'This book provides a convincing argument for the importance of industrial policy but it also explains the deep political constraints that confront countries with ambitious plans to industrialize. The detailed and extensive research on Ghana that underpins this book is impressive. The book advances an argument about the role of power in shaping economic outcomes that goes beyond conventional institutional analysis. It should be required reading for students and policy makers in an era when industrial policy is gaining increasing attention.' Hazel Gray, University of Edinburgh'This book makes an exceptionally lucid and wide-ranging contribution to the literature the political economy of Ghanaian development, representing the distillation of over a decade of research by Whitfield on Ghana's puzzling lack of economic transformation. By examining the challenges to economic development in a country with a relatively positive trajectory of democratic governance, Whitfield's analysis resonates far beyond Ghana, raising crucial questions about how democracy and economic development might be achieved in tandem … This book is essential reading for all those concerned with understanding why structural transformation has proved such an intractable challenge in Ghana, and what this implies for the prospects for development in postcolonial African states more broadly.' Tom Goodfellow, University of SheffieldTable of Contents1. Ghanaian political economy and the politics of industrial policy; 2. Origins of competitive clientelism and weak domestic capitalists; 3. Return to competitive clientelism in the fourth republic; 4. Economic growth, but maintaining the colonial trading economy; 5. Challenges to diversifying exports: accessing global markets and learning to learn; 6. Challenges to modernizing agro-processing: struggles over inputs, organizing smallholders, and enforcing contracts; 7. NPP government and the not so 'Golden Age of Business'; 8. NDC II Government and managing the new oil wealth.

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Book SynopsisAt this time when many have lost hope amidst conflicts, terrorism, environmental destruction, economic inequality and the breakdown of democracy, this beautifully written book outlines how to rethink and reform our key institutions - markets, corporations, welfare policies, democratic processes and transnational governance - to create better societies based on core principles of human dignity, sustainability, and justice. This new vision is based on the findings of over 300 social scientists involved in the collaborative, interdisciplinary International Panel on Social Progress. Relying on state-of-the-art scholarship, these social scientists reviewed the desirability and possibility of all relevant forms of long-term social change, explored current challenges, and synthesized their knowledge on the principles, possibilities, and methods for improving the main institutions of modern societies. Their common finding is that a better society is indeed possible, its contours can be broadlyTrade Review'A Manifesto for Social Progress is a loud cry in favor of human dignity, irrespective of gender, race, religion, education, talent, and productive abilities. No cause is more important than social justice is for a better future of humanity, nor is there a better attempt to tackle the problem head-on than this book.' Ahmed Galal, Former Minister of Finance, Egypt'This is a most remarkable and dearly needed book. Its analysis of the current predicament of modern society is as sharp as its vision for overcoming the paradoxes and dilemmas is powerful. It carefully balances the pitfalls, dangers, and opportunities of the current state of global economic and political affairs, and imaginatively opens up routes for a future world which is at once more just, more democratic and more sustainable. A must read!' Hartmut Rosa, Chair for Sociology and Social Theory, Friedrich-Schiller-Universität Jena'This book lucidly articulates that social progress is not a given. It emerges from the genuine recognition of our limitations, the importance of our instincts for inclusion as citizens, and our audacity to imagine a better future for all. The book also challenges us to integrate participatory processes in our interactions and decisions with a clear vision and a strategy for a desired transformation for the wellbeing of all in a sustainable planet.' Youba Sokona, IPCC Vice-Chair'Filled with stimulating intellectual reflections and deep analytical insights, this book offers us a unique opportunity to improve our understanding of the manifold, mutually interdependent social processes in an increasingly globalized world. It not only addresses the many Janus faces of the evolution of contemporary societies but also provides us with crucial elements for a vision of our social future in an 'emancipating state'.' Wilhelm Krull, Secretary General, Volkswagen Foundation'Analyses of society have been marked by pessimism and resignation for many years now. This book is refreshingly optimistic, and above all, realistic.' Maurizio Ferraris, University of Turin'Is there reasonable hope for a sustainably generalizable and better way of life on earth, despite the mind-boggling challenges human progress has brought upon itself? Yes, there is - rooted in an impressive and unprecedented multidisciplinary enterprise, this little book proves it.' Philippe Van Parijs, Hoover Chair of Economic and Social Ethics, Université catholique de Louvain'Better is always possible: this is the vision of the authors of this book, and it is also the vision of our government. The book's focus on well-being and freedom, fairness, diversity and inclusion, as well as transparency and engagement provides a strong ethical and practical foundation for that vision. I commend the authors for their book's demonstration of how social science can serve the common good, and how, together, hope and hard work can lead to a better world.' The Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development, Quebec'Reading the book feels like finding a large flashlight after endless days of stumbling around in a dark cave.' Pam Martens and Russ Martens, Wall Street on Parade (www.wallstreetonparade.com)Table of ContentsIntroduction: the future is in our hands; Part I. Much to Worry, Reasons for Hope: 1. Looming catastrophes; 2. Globalization and technology: choices and contingencies; 3. The expanding circle of respect and dignity; 4. The big challenge; Part II. Acting for Social Progress: 5. In search of a new 'third way'; 6. Reforming capitalism; 7. From the welfare state to the emancipating state; 8. From polaritics to politics; Conclusion: mobilizing change-makers.

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Book SynopsisAfrica''s rapid population growth and urbanisation has made its socioeconomic development a global priority. But as China ramps up its assistance in bridging Africa''s basic infrastructure gap to the detriment of institutions building, warnings of a debt trap have followed. Building upon an extensive body of evidence, the editors argue that developing institutions and infrastructure are two equally desirable but organisationally incompatible objectives. In conceptualising this duality by design, a new theoretical framework proposes better understanding of the differing approaches to development espoused by traditional agencies, such as the World Bank, and emergent Chinese agencies. This new framing moves the debate away from the fruitless search for a ''superior'' form of organising, and instead suggests looking for complementarities in competing forms of organising for development. For students and researchers in international business, strategic and public management, and complex sysTrade Review'With a wealth of empirical evidence, this book exposes a fundamental choice underlying infrastructure development in Africa and elsewhere. Western development agencies emphasize institution-building, good governance and transparency with the result that investment is slow. In contrast, Chinese agencies seek to get it done so that investment is quick, but possibly unsustainable. Foreshadows a new era of geopolitics on the African continent.' Carliss Y. Baldwin, Harvard Business School'Africa's capacity for prosperity - which depends on the development of its infrastructure - is central to our way of life for a slate of reasons that are laid out in this terrific book. Gil explains what it will take to assure Africa's stability and security. This is essential reading for scholars interested in the construction of institutions, and for anyone interested in international political economy.' Anita McGahan, University of Toronto'Duality by design: The Global Race to Build Africa's Infrastructure is a rich and thought-provoking work, whose data and conclusions illuminate the Latin American reflection on the challenges in the development of infrastructure projects.' Rafael Valim, President of the Brazilian Institute of Legal Studies in Infrastructure (2014–16) and editor of the Brazilian Journal of Infrastructure'Africa has a rapidly growing population, which is projected to reach forty percent of the world's population by 2100. This rapid growth in population highlights the challenges presented by an infrastructure which is already woefully inadequate. Drawing on an extensive body of research, this book focusses on the incompatibility between building institutions and capital investment, a fundamental question that will become ever more pressing as the growth in population demands better infrastructure to serve it. The Western approach of institutional building as a necessary precursor to investment contrasts sharply with the Chinese focus on speed of investment, a contrast which will become more sharply drawn and debated in the future. This book makes a valuable contribution to that debate and is essential reading for all those interested in the provision of infrastructure to meet the needs of the growing population of Africa.' John Roberts, Former CEO of United Utilities'This book presents a new, probing and insightful slant on the well-trodden discussion of the duality involved in promoting infrastructure development in emerging market countries with weak institutions. Rather than treating this as a dilemma with dichotomous alternatives, each with its pros and cons, this book delivers hard-hitting arguments and multiple case studies to support the idea of looking for hybrid organizational solutions that can maximize the benefits and minimize the risks of both approaches. It poses questions that can help to launch a new set of research and experimentation in support of the aspirations and goals of both the local populations and the grantee countries and multilateral institutions that support infrastructure development. It is well worth a read!' Raymond E. Levitt, Kumagai Professor of Engineering Emeritus and Director of the Global Projects Center, Stanford University'Duality by Design is critical reading for anyone wanting to understand the dynamics of global development and the options we have for constructing a world that serves us all. It provokes us to think differently, to see alternative paths to progress, to more deeply understand challenges in developing economies, to open a more expansive conversation and to engage in a constructive debate about our collective future.' Sara Beckman, University of California, Berkeley'Duality by Design: The Global Race to build Africa's Infrastructure is laying out two development models that are implemented in a vast number of countries across Africa. … One model puts emphasis on investments and enhanced capacity while the other is following an approach of aligning infrastructure investments with much-needed institutional capacity building and governance. Perhaps the two models will need to come together to make a real development impact for the continent. A great start for a much-needed discussion on effectiveness of infrastructure development in Africa.' Benedict L. J. Eijbergen, The World Bank'This book has brought together some of the finest minds within the academic and research fields, who have real knowledge and understanding of the complex challenges faced by governments and their international agencies, and global private sector enterprises in responding, at a relevant scale, to the infrastructure needs of Africa. They have articulated the risks of not meeting this urgent challenge, while clearly acknowledging the risks of doing so. They have dared to confront these challenges, and to think very radically; nothing less will suffice.' Ian Reeves, Chairman, The Estates and Infrastructure Exchange, eix.globalTable of ContentsForeword Phanish Puranam; Acknowledgements; 1. Duality by design: the global race to build Africa's infrastructure Nuno Gil, Anne Stafford and Innocent Musonda; 2. Why the lights went out: a capability perspective on the unintended consequences of sector reform processes Hagen Worch, Mundia Kabinga, Anton Eberhard, Jochen Markard and Bernhard Truffer; 3. When the quest for electricity reform and the need for investment collide: South Africa, 1998–2004 Nchimunya Hamukoma and Brian Levy; 4. Institutional enablers of energy system transition: lessons from solar PV in eight African countries Valerie J. Karplus, Donald R. Lessard, Ninad Rajpurkar and Arun Singh; 5. Harnessing Africa's energy resources through regional infrastructure projects Amy Rose, Ignacio Pérez-Arriaga, Robert Stoner and Richard de Neufville; 6. Centralized vs decentralized generation in Zambia: meeting electricity demand in the context of climate change Malik Ismail, Murray Metcalfe and Madeleine McPherson; 7. Delivering healthcare infrastructure and services through public private partnerships: the Lesotho case Mark Hellowell; 8. Achieving long-term financial sustainability in African infrastucture projects Anne Stafford, Pamela Stapleton and Cletus Agyemin-Boateng; 9. A proactive social infrastructure model for future mixed-use housing in Egypt Wafaa Hussein Nadim; 10. Collective action under the shadow of contractual governance: the case of a participatory approach to upgrade Cairo's 'garbage cities' Nuno Gil and Samuel C. MacAulay; 11. Kenya's Madaraka express: an example of the decisive Chinese impulse for African mega infrastructure projects Uwe Wissenbach; 12. No one-size-fits-all organisational solution: learning from railway developments in South Africa and Ethiopia Innocent Musonda, Trynos Gumbo, Boniface Bwanyire, Walter Musakwa, Chioma Okoro and Nuno Gil; 13. Building institutions or capital investment? Organisational duality in the pursuit of socioeconomic development Nuno Gil, Jeff Pinto and Rehema Msulwa; Afterword Nuno Gil.

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Book SynopsisIn contrast to the USA, Europe has struggled to return to the growth path it was on prior to the financial crisis of 2007â11. Not only has the recovery been slow, it has also been variable with Europe's core countries recovering more quickly than those on the periphery. It is widely believed that the best way to address this slow recovery is through structural reform programmes whereby changes in government policy, regulatory frameworks, investment incentives and labour markets are used to encourage more efficient markets and higher economic growth. This book is the first to provide a critical assessment of these reforms, with a new theoretical framework, new data and new empirical methodologies. It includes several case studies of countries such as Greece, Portugal and France that introduced significant reforms, revealing that such programmes have very divergent, and not always positive, effects on economic growth, employment and income inequality.Trade Review'This remarkable book edited by Campos, De Grauwe and Ji is a testament to the importance of the analysis of impulse responses. The Global Financial Crisis (impulse) continues to influence our lives through various structural reform mechanisms (responses) and will do so for a very long time. A fascinating and balanced read for everyone interested in economics and more broadly in social sciences.' Yunus Aksoy, Birkbeck, University of London'The declines in economic growth rates across European countries have revived the call for structural reform. However, there are many different types of structural reform and some calls for reform are politically motivated. Therefore, this book fills an important gap by presenting a comprehensive overview of the existing knowledge on different types of reform and the evidence of their effectiveness. Politicians, commentators, academics as well as the public at large can benefit from reading this book and learn what would be most suitable type of reform for what country if any.' Wouter DenHaan , London School of Economics'Structural reforms are typically viewed as the solution to Europe's sluggish growth. This important collection of essays explains when they work and how.' André Sapir, Université libre de BruxellesTable of ContentsIntroduction; Part I. Economic Growth and Structural Reforms in Europe: 1. Euro area growth and European institutional reforms Mariarosaria Comunale and Francesco Paolo Mongelli; 2. Structural reforms and growth: the elusive quest for the silver bullet Alessio Terzi and Pasquale Marco Marrazzo; 3. Regulation, institutions and economic growth in advanced, emerging and developing countries Balázs Égert; Part II. Macroeconomic Implications of Reforms: 4. Heterogeneous market regulation and divergence in a currency union Mirko Abbritti and Sebastian Weber; 5. Macroeconomic imbalances in the euro erea: can they be managed? Michael Hume; 6. Financial crises and liberalization: progress or reversals? Orkun Saka, Nauro F. Campos, Paul De Grauwe, Yuemei Ji and Angelo Martelli; 7. Structural reforms and fiscal sustanability Davide Furceri and João Tovar Jallas; 8. Transitions in the EU labour market before and after the crisis: the role of reforms Corrado Macchiarelli, Vassilis Monastiriotis and Nikolitsa Lampropoulou; 9. On the complementarity between labour market regulation and tax reforms in the European Union Angelo Martelli, Nauro F. Campos, Michael Ganslmeier, Yuemei Ji and Orkun Saka; Part III. Case Studies: 10. Structural reforms in Europe: lessons from early experiences Orkun Saka, Nauro F. Campos, Paul De Grauwe, Michael Ganslmeier, Yuemei Ji and Angelo Martelli; 11. Fiscal consolidation and inequality: the distributive effects of fiscal reforms in Greece and Portugal Fabian Mushövel; 12. How openness to trade rescued the Irish economy Kieran McQuinn and Petros Varthalitis; 13. Goulash labour market structural reforms: Hungary, 1986–2016 Nauro F. Campos; Conclusions.

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Book SynopsisNative nation economies have long been dominated by public sector activities - government programs and services and tribal government-owned businesses - which do not generate the same long-term benefits for local communities that the private sector does. In this work, editors Robert Miller, Miriam Jorgensen, Daniel Stewart, and a roster of expert authors address the underdevelopment of the private sector on American Indian reservations, with the goal of sustaining and growing Native nation communities, so that Indian Country can thrive on its own terms. Chapter authors provide the language and arguments to make the case to tribal politicians, Native communities, and allies about the importance of private sector development and entrepreneurship in Indigenous economies. This book identifies and addresses key barriers to expanding the sector, provides policy guidance, and describes several successful business models - thus offering students, practitioners, and policymakers the information they need to make change.Table of ContentsIntroduction Miriam Jorgensen; Part I. The Setting: 1. Private sector economic development in Indian Country Robert J. Miller; 2. Opportunities to diversify: reservation workplaces and job numbers compared to nearby county areas Randall Akee, Elton Mykerezi and Richard M. Todd; Part II. Policy Barriers and Policy Needs: 3. The challenges of American Indian land tenure and the vastness of entrepreneurial potential Jessica A. Shoemaker; 4. Right-sizing use rights: Navajo land, bureaucracy, and home Ezra Rosser; 5. Access to credit in Indian Country: the promise of secured transaction systems in creating strong economies Patrice Kunesh and Benjamin Horowitz; 6. Retooling Indian Country for economic resurgence: reflections from a native CDFI practitioner David Castillo; Part III. Learning from Business Scholars: 7. Becoming an entrepreneur: essentials for any environment Mark C. Maletz; 8. Prototype, validate, pivot, repeat: a short, short course in entrepreneurship Daniel Stewart; 9. Mapping the sustainable development goals to Indian nations Carla F. Fredericks; 10. Supply chain management and Native American entrepreneurs Stephanie L. Black and Deanna M. Kennedy; Part IV. From Learning to Doing: Examples of Entrepreneurship in Indian Country: 11. Native American food sovereignty and youth entrepreneurship Raymond Foxworth, Krystal Langholz and A-dae Romero-Briones; 12. Indigenous arts ecology – a new investment model for Indian Country Lori Lea Pourier.

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Book SynopsisThis book derives from research and fieldwork in the rural and tribal hinterland of India, particularly in the mineral rich states. It looks at the nuances of land and resource politics and summarizes the long-standing land acquisition and mining debate. It discusses the relevant theoretical arguments from inter-disciplinary perspectives and develops an argument through the case study of Singrauli, a region in Madhya Pradesh in India, that has seen various ''regimes of dispossession'' in the last six decades in India. It looks at the legal and policy arguments around right to property, ''fair'' compensation, public purpose and the resource curse debate, and at contested ''spaces'' (left wing extremism) and resource-capital relationships.Table of ContentsList of tables and maps; List of figures and pictures; Preface; Part I: 1. Introduction: from colonial regime to 'welfare state'; 2. State, space and people; 3. Land, mines and minerals; 4. Land acquisition and resource development in India; 5. Resource development and compensation issues; Part II: 6. Singrauli: a 'space' of dependence; 7. Singrauli: a development dilemma; 8. Administering Singrauli: governance and institutions; 9. Land acquisition in the contemporary Singrauli: reflections from the field; Part III: 10. Understanding development; 11. Conclusion; Index.

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Book SynopsisLimits of Bargaining is an original addition to the political economy analysis of capital-labour relations in the organised industrial sector in the context of economic liberalisation in India. It analyses the dynamics of the capital-labour bargaining process in the context of the changing nature of the state and market as a result of adoption of policies of liberalisation and globalisation for the last two and half decades. It examines the nature of collective bargaining and analyses the underlying structural-political conditions that shape the capital-labour relations. Based on original empirical material from West Bengal, a state long considered pro-labour, the book presents bargaining between capital and labour as endogenous to the interplay of the triad of the market, technology and the institutions of the state. It illustrates everyday interactions between labour and management, different unions and outside actors that shape collective bargaining, and highlights the negotiation, Table of ContentsList of tables; List of figures; Preface; 1. Contextualising trade unions and collective bargaining; 2. Collective bargaining in India: an overview; 3. Everyday processes of collective bargaining in West Bengal; 4. Industrial stagnation due to 'labour militancy'? A critical look at the macro evidence; 5. Trade unions and working-class politics in contemporary West Bengal; 6. The state and collective bargaining; 7. Conclusion; References; Index.

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Book SynopsisThis book focuses on the changing gender patterns of work in a global retail environment associated with the rise of contemporary retail and global sourcing. This has affected the working lives of hundreds of millions of workers in high-, middle- and low-income countries. The growth of contemporary retail has been driven by the commercialised production of many goods previously produced unpaid by women within the home. Sourcing is now largely undertaken through global value chains in low- or middle-income economies, using a 'cheap' feminised labour force to produce low-price goods. As women have been drawn into the labour force, households are increasingly dependent on the purchase of food and consumer goods, blurring the boundaries between paid and unpaid work. This book examines how gendered patterns of work have changed and explores the extent to which global retail opens up new channels to leverage more gender-equitable gains in sourcing countries.Trade Review'We live in a world of global value chains, which link thousands of firms, large and small, across multiple cultural and political boundaries. Global value chains have changed how consumers interact with global corporations and their suppliers, and impacted the working conditions of millions of people employed in farms, factories and retail stores across the world. Building on years of detailed empirical research across different industries and in several countries, Barrientos shows how global values chains are also reshaping the gender profile of work across several middle- and low-income countries. Gendered patterns of work in these global value chains can both relegate women workers to poorly paid and unrecognized labor or lead to economic empowerment and enhanced worker rights. The conditions and mechanisms that lead to these alternative outcomes are beautifully detailed in this cutting edge piece of research. Gender and Work in Global Value Chains is a tour de force that will fundamentally change the way we think of the world of work and the gendered dynamics shaping the global economy.' Richard M. Locke, Brown University, Rhode Island'Based on over ten years of research across the globe and case studies from Africa, Asia and Latin America, Gender and Work in Global Value Chains provides an illuminating study of contemporary working relations and gender discrimination. Exploitation and low and uncertain wages are rife but not all is gloom and doom. Some women producers and progressive firms (as a consequence of the research) have recognised that women's 'socialised skills' increase product quality and speed of delivery. While the firms capture most of the gains, by organising, some women have improved their working conditions and secured support for domestic work and care.' Diane Perrons, London School of Economics and Political Science'Based on her excellent work on Capturing the Gains research programme, this book introduces global chains in a balanced, sophisticated and highly intelligent way. Barrientos is passionate about using GVCs to improve conditions of work of those who labour along these chains through advocating a stronger regulation of capital. She argues that this can be done only through a 'constant process of engagement, bargaining and contestation'. This book will be an excellent contribution to the debates on GVCs and their importance in understanding production, exploitation, and the campaigns to improve the way we consume. Shirin Rai, University of Warwick'This empirically rich, multi-layered and insightful book breaks down the barriers around global value chain analysis to demonstrate how these chains have been shaped by and are reshaping gender relations across the wage production and social reproduction divide. Importantly, it allows for women's agency and for gender relations to open to change by exploring not only the very considerable evidence of exploitation and undervaluation of women's work but also evidence of the contestation of these conditions and associated gendered norms.' Jill Rubery, University of ManchesterTable of ContentsList of tables; List of figures; List of abbreviations; Preface; 1. Introduction; 2. Retail shift and global sourcing; 3. Gender patterns of work in global retail value chains; 4. Global (re)production network analysis; 5. Smallholder (dis)articulations: the cocoa–chocolate value chain; 6. Mixed outcomes: downgrading and upgrading in African horticulture; 7. Contested terrain: the limits of social compliance in Asian apparel; 8. Upgrading strategies: innovation, skills and rights; 9. Governance challenges: promoting gender-equitable value chains; 10. Concluding reflections: future of work; References; Index.

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Book SynopsisThis book studies pitfalls in value added accounting of sectoral growth in real terms in the context of liberalisation of the Indian economy. Growth of sectoral gross value added can systematically deviate from that of final expenditure (and gross output), even maintaining the broad national accounting identity between the aggregates. For an investigation along these lines, input-output transactions tables provide invaluable information. The book discusses at length tricky questions of data handling and issues in interpretation of data. As the growth rate of the economy accelerated, economists observed that growth of value added came mostly from the service sector. Can the service sector maintain the momentum if manufacturing fails to get charged up in spite of all reforms aimed at this objective? The book studies this question in depth and addresses an audience interested in studying the Indian economy.Table of ContentsList of tables and figures; 1. The take-off; 2. Growth and structural change since 1978–9: issues in measurement; 3. Sectoral shares in Indian GDP: how to regard it?; 4. Sectoral growth: GVA – output dichotomy; 5. Manufacturing sector in the Indian economy: paradox of growth and stagnation; 6. Growth and sectoral GVA adjustments; 7. Growth of intermediate services; 8. Linkages and key sectors in the Indian economy; 9. Conclusion: a perspective of Indian economic growth; References; Index.

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