Economic growth Books

Book SynopsisChapter 1: From Early and Pilot Implementation to Pilot Demonstration Work Hard on Writing More Spring Stories.- Chapter 2: Special Economic Zones Become the Pioneers of China's New Economic System.- Chapter 3: The Shenzhen Mode and Shenzhen Experience for Special Economic Zones.- Chapter 4: Shenzhen is A Socialist Market Economy.- Chapter 5: On the Role of Finance in Helping Shenzhen Become the World's Most Successful Special Economic Zone.- Chapter 6: A Comparative Institutional Analysis of the Rise of Financial Industries in the Shanghai Pudong New Area, Singapore and Hong Kong.-  Chapter 7: Explorations on the Stage Characteristics and Experience of the Shenzhen Special Economic Zone in Its Development of the Past 40 Years.-  Chapter 8: Promotion of the System of Innovation and the Path of Regional Synergetic Development of China's Special Economic Zones.-  Chapter 9: Rule of Law, Rule of Wisdom and Rule of Both Law and Wisdom: Shenzhen's Explorations for and Practices of Urban Governance Modernization.-  Chapter 10: An International Comparative Study on Building Shenzhen Into a Global Ocean Center City.- Chapter 11: Standing at a New Historical Starting Point, Xiamen Special Economic Zone is Promoting China's Reform and Opening-Up.- Chapter 12: On the Strategic Opportunity of the 40th-Year Anniversary and Restarting for the Shantou Special Economic Zone.-  Chapter 13: Study on the High-quality Development of the Hainan Free Trade Port.- Chapter 14: Analysis of the Road for the Reform, Innovation and Development of the Tianjin Binhai New Area. -  Chapter 15: Focal Points of A New Round in the High-level Opening-Up of Qianhai.- Chapter 16: The Efficiency of Logistics and the Value of Supply Chains on the Way of the New Silk Road Countries in the Context of the One Belt and One Road Megaproject.

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Book SynopsisChapter 1. 75 Years of Growth, Development and Productivity in India - An Introduction.- Chapter 2. Sources of Growth in the Indian Economy: Looking Back at the Last 75 years since India's Independence.- Chapter 3. Economic Growth in India, A longer view.- Chapter 4. Monetary Policy in India: A Global Perspective.- Chapter 5. Does the Productivity Growth Numbers Explain the Unbalanced Growth Experience of the Indian Economy?.- Chapter 6. Indian Agriculture through the decades: Returns and Efficiency of Resource Use.- Chapter 7. Total Factor Productivity Growth in Indian Agriculture and Regional Convergence.- Chapter 8. Rural market imperfections and land productivity in India.- Chapter 9. Service Sector Dynamics and Role in the Indian Economy.- Chapter 10. Service Sector Growth Perspective: Recapitulations and Reflections.- Chapter 11. Regional Growth Dynamics in India since Independence.- Chapter 12. Club convergence in growth and financial development: evidence from Indian state.- Chapter 13. Development and Change in Services Sector of India: The Drivers and the Users.- Chapter 14. The status of Self-employed and Casual Workers in India.- Chapter 15. Rural Non-Farm Sector: Development Perspective.- Chapter 16. Changing Dynamics of Internal Migration in India.- Chapter 17. International Finance: Missing Link in Theory and Practice.- Chapter 18. Mapping Skill, Innovation, and Education in Determining Social Capital.- Chapter 19. Economic Impact of Global Warming in India: An Updated Review of Methods, Policies, and Recent Empirical Literature.- Chapter 20. National Accounts and Productivity Measurement : Challenges in Time series Analysis.- Chapter 21. 75 Years of India's Industrial Policy and Performance and Prospects for a Manufacturing-led Transformation.- Chapter 22. International Trade and Uneven Gains What do theory and structure of India's foreign trade tell us?.- Chapter 23. Trade, FDI and Growth :  Policies, Trends, Patterns and Econometric Evidence from India.- Chapter 24. Assessing the Productivity of Indian Ports.

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Book SynopsisSustainable Economy and Emerging Markets provides a snapshot of the different dimensions of sustainability and analyses how they interact and configure themselves, case by case, in selected emerging economies. The parameters of economic growth in developing economies are explored in the context of systems, climate change, and environmental challenges.With contributions from a range of business academics, economists, and practitioners, this book conveys a picture of the complex nature of the new global business environment, especially the geopolitical dynamics of emerging countries, and breaks down the challenges across geographic fault lines, offering insights into current business practice. By adopting an in-depth case study approach, this edited book offers and discusses examples from several emerging markets and elucidates how these organisations have modelled business based on sustainable development in its various forms. This book will prove valuable reading for students and scholars of international business, international trade, sustainability, and development. Trade Review"A valuable study of sustainable development in emerging markets. It offers original insights and in-depth research with lessons for policymakers and scholars alike." — Professor Clinton Fernandes, UNSW Canberra, Australia"This book will be useful to students of International Business and Management courses who wish to explore contemporary content around emerging markets and their business opportunities." — Professor Basil Janavaras, Minnesota State University, USATable of ContentsList of contributors Introduction: sustainable economy and emerging markets Stefania Paladini and Suresh GeorgePART I 1 Dimensions of sustainability in impoverished contexts in emerging economies Stefanie Beninger and Matthew Wilson2 Public–private partnership as a mechanism to encourage MNEs’ contributions to sustainable development goals: insights from Brazilian experience Leonardo Elizeire Bremermann, Roman Teplov, Sina Mortazavi, Juha Väätänen and Suraksha Gupta3 MNEs’ sustainability challenges and corporate social responsibility in emerging markets: the case of Amway Won-Yong Oh, Rami Jung, Young Kyun Chang and Yeojin Kim4 The Belt and Road Initiative: infrastructure and sustainable development Neil RenwickPART II 5 A tale of two debt crises: the IMF and the unsustainable development of Ghana James Silverwood and Jeremy F. G. Moulton6 Political economy of Small-to-Medium Enterprise (SME) finance: lessons from Root Capital Mine Aysen Doyran7 Perspectives on governance and development of sustainable economy: institutional policies, challenges, and scenarios in Kenya Andrew Amayo8 Democracy, sustainability, and economic growth: the case of Bangladesh’s garment industry Krish Saha and Stefania PaladiniPART III 9 Work time and environmental impact in a global perspective Alexandra Arntsen and Bruce Philp10 Green innovation in South Asia’s clothing industry: issues and challenges Amira Khattak11 Designing business models to overcome the barriers to renewable energy market creation in developing and emerging countries: Masar box, a case study Valtteri Kaartemo12 Innovative business models towards sustainability: specificities and challenges on the Russian market Anna Veselova, Yulia Aray, Anna Logacheva and Dmitry Knatko13 E-waste and sustainability in a changing environment: a Behavioural Economics approach Xavier PierronConclusions: many paths to sustainability, an underlying philosophy Stefania Paladini and Suresh GeorgeIndex

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Book SynopsisAlanoud al-Sharekh is the Director of Ibtkar Strategic Consultancy leading political, leadership and diversity training programs in Kuwait and the GCC region. She is chairperson of the Chaillot award winning Abolish 153 campaign to end honor killing legislations, and a cofounder of Mudhawis List, a platform to support women running for political office. Her research won the Arab Prize for best publication in a foreign journal in 2014, and includes books such as The Gulf Family, and Popular and Political Cultures of the Arabian Gulf States, examining the persistent importance of family and tribe in modern Gulf politics and society. She is currently a MENA Fellow at Chatham House and a Research Fellow at AGISW.Courtney Freer is Assistant Research Fellow at the Middle East Centre at the London School of Economics and Political Science. She is the author of Rentier Islamism: The Influence of the Muslim Brotherhood in Gulf Monarchies (2018).Trade ReviewInsightfully ... the book presents a historical, conceptual and digital understanding of tribal mechanisms in these states and represents an outstanding contribution to Gulf studies. * International Affairs *This book is essential for a meaningful understanding of the prevailing political, social and economic conditions of the countries of the Gulf Cooperation Council. An admirable contribution to the literature that will stand the test of time. -- Hossein G. Askari, Iran Professor of International Business and International Affairs, The George Washington University, USAA richly nuanced study of the changing relations of tribe and state in the Arabian Peninsula. The authors pose a fresh challenge to the prominent notion that the rentier state has significantly limited the role of independent actors, and especially tribes, in contributing to national identity formation in the Gulf region. A most welcome contribution that will attract the interest of scholars working across the social sciences. -- Philip S. Khoury, Ford International Professor of History, Massachusetts Institute of Technology, USAConcentrating on the impact of tribes in the three Gulf states with high income and small national populations, Freer and Alsharekh ably explain tribal importance in badu identity, electoral politics, and their continuing sociopolitical role -- J.E. Peterson, historian and political analystTable of ContentsTable of Contents Chapter One: Introduction Chapter Two: The Historical Relationship between Badu and Monarchies Chapter Three: Heritage Production and Branding of the Modern Badu in State Formation Chapter Four: The Social Evolution of the Tribe Chapter Five: Tribalisation of traditionally non-tribal actors and future impact of the resurgence of tribal rhetoric Chapter Six: Electoral Tribalism Chapter Seven: Tribal Intersections in the Digital Age Chapter Eight: Conclusion

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Book SynopsisSouth Africa, like many countries in Africa, is resource rich but the benefits are not shared by the whole population. High levels of unem-ployment are leading to increasing conflict and violence, undermining the brighter future hoped for when apartheid was abolished.Trade Review"Lateral ideas on tax raising to generate social justice for all South Africans whilst maintaining international investor confidence" Peter Hain // "The concept of community-created natural resource rentals as described ... does much to stimulate the basis for an expectation for finding and unleashing forces that could give rise to economic regenera-tion." Alex Anderson, Chairman of MIS Holdings // "This is an innovative proposal on taxation that simultaneously addresses the issues of equity, growth, job creation and tax efficiency. It goes beyond the theory and outlines practical steps that can be taken to a different taxation regime ..." JP Landman, Economic Advisor, Accelerated and Shared Growth Initiative for South Africa// "... abounds with new ideas ... they must be debated, for only in this manner can a solution to the crisis be found." Dr Thami Mazwai, University of Johannesburg // "[The authors] challenge us to totally rethink the nature of taxation." Kennedy Maxwell, past President, Chamber of Mines of South Africa // "For a country in search of inspiration, here's an idea that deserves a decent airing." Ciaran Ryan, Moneyweb // "A valuable contribution filled with sensible commentary that is well supported and well evidenced." Dr Adrian Saville, Chief Investment Officer, Cannon Asset ManagersTable of ContentsList of Figures; List of Tables; Acknowledgements; Foreword by Nobantu Mbeki; Preface: Collecting the resource rentals that belong to the people of South Africa; 1 Taxes, Please, or Else!; 2 Adam Smith, Godfather of Modern Taxation; 3 The Magic of Rental Collection and Tyranny of Taxation; 4 Problems and Precedents; 5 The Tangled Tentacles of Tyranny Revealed: Unpacking the Tax Burden; 6 Rental Collection: General; 7 Rental Collection: Special Cases; 8 Rental Collection: Mineral Resources; 9 Mining; 10 Legacy Rentiers, Luxuries and Polluters; 11 Commercial Agriculture; 12 Rural Areas; 13 Urban Areas; 14 Resource Rentals Budget for South Africa; 15 What About Me?; 16 Our Credit; 17 Why South Africa?; Appendix: Farm Land Values 2005-2006; Abbreviations; Bibliography; Glossary of Terms Used; Index

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Book SynopsisThe sharp increase in oil revenues since 2002 has left the Arab Gulf States with billions of petro-dollars. But how will these countries fare in the post-oil era? The rulers of these states are taking serious measures to ensure the survival of their economies, and indeed their regimes, in a world with scarce mineral resources.Table of ContentsContents Acknowledgements 7 Introduction 9 1. Building the Foundation for a Post-Oil Era: The Case of the GCC Countries 15 2. GCC Sovereign Wealth Funds and Islamic Finance: Financial Foundations for the Post-Oil Gulf? 45 3. The GCC Countries as Knowledge-Based Economies: Future Aspirations and Challenges 73 4. Higher Education in the Gulf States: From Traditional to Modern 97 5. A 'Smart' Technology-Enhanced Learning for the Post-Oil Arab Gulf 117 6. The Role of Women in a Post-Oil Arab Gulf Future 143 Bibliography 175 Notes on Contributors 187 Index 191

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Book SynopsisA frightening wake-up call regarding the surging economic strength of China -- and how the Chinese are quickly strategizing to overtake the United States as the premier economic power in the world today

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Book SynopsisDiscover the secrets that distinguish successful entrepreneurs from those who fail, and learn which rules to follow and which to break. This is not just another one of those books about ''rules''; this book may be the defining factor that will turn your dream into reality. Many have succeeded at being an entrepreneur, but many, many more have failed. Which side would you rather be on? Sure, entrepreneurship is often about breaking the rules. But there are also a number of them that you should follow if you want to survive long enough to see what happens when you do. A business should be more than just a venture - it should be an adventure! The difference between a successful journey, rather than a wasted one, is knowing when to do what. That is what this book is about. Not science, but experience. The rules of hustle.Marnus Broodryk, one of South Africa''s best-known young entrepreneurs, shares the lessons he wishes he''d been taught before he started

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Book SynopsisFeaturing detailed profiles of the Chinese tech companies making waves, the tech sectors that matter most in China's grab for super power status, and predictions for China's tech dominance in just 10 years.The rise of China's tech companies and intense competition from the sector is just beginning. This will present an ongoing management and strategy challenge for companies for many years to come. Tech Titans of China is the go-to-guide for companies (and those interested in competition from China) seeking to understand China's grand tech ambitions, who the players are and what their strategy is. Fannin, a leading expert on the Chinese tech sector, is an internationally-recognized journalist, author and speaker. Through her company, Silicon Dragon, Fannin hosts 12 live events annually for business leaders, venture capitalists, start-up founders, and others impacted by or interested in the Chinese tech industry.

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Book SynopsisA thorough investigation of the validity of the economic concepts currently used in development strategies for Africa.

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Book SynopsisThis title begins from the standpoint that new thinking is needed if South Africa is to generate sustainable economic growth, provide employment and decent work and promote rural development. As comparisons with other developing economies, particularly South Korea and Brazil, show, it is possible for the so-called developmental state to direct and plan economic activity and achieve developmental objectives. At the same time the title warns about the perverse impacts of black economic empowerment, particularly the growth of a rentier class of well-connected entrepreneurs.Table of ContentsThe challenge of development. South Africa's political economy. The global environment.

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Book SynopsisInformative and captivating, this record examines the present structure of the South African economy and asks what needs to be done to meet the challenges of deep poverty, high unemployment, and growing inequality that still mark the nation after 15 years of democracy. Considering the role that a developmental state could play in effecting change, it argues that despite being a resource-rich country, South Africa and its people do not benefit proportionally from the use of these resources due to difficulties in the realm of public decision-making. Written by leading thinkers within the African National Congress (ANC), this book belongs to a series that offers short yet informative introductions to ANC history, politics, and policy.Table of ContentsThe structure of the economy. Value addition in the real economy. Potential resources for development. Is a great leap forward possible?. Transforming SA: Restructuring the growth path for development.

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Book SynopsisAustralia has written one of the most remarkable economic growth stories of the century and is now poised to shape its future not out of crisis but out of opportunity. The past two decades have brought unprecedented change and major shifts in demographics, the economy, and businesses. The population has grown rapidly, adding five million people to the increasingly diverse ranks of those who call the country home. GDP and per-capita income have skyrocketed, and businesses are thriving as more profitable ventures than ever before. This book sheds light on the road the nation has travelled and the efforts of the inspired business leaders who shaped that journey. Drawing on examples from forward-thinking players, Australia 2034 charts the way for businesses to navigate the next 20 years. While the focus of this book is Australia and Australian business, the capabilities discussed are highly relevant for players in other markets - especially those that have been less fortunate, but are looking for ways to create their own "luck" in a world that seems to offer few second winds.Table of ContentsPART I: INTRODUCTION CHAPTER 1: LOOKING BACK, LOOKING AHEAD PART II: NURTURE AN EXPANSIVE MINDSET CHAPTER 2: PROACTIVELY ENGAGE WITH ASIA CHAPTER 3: UNLOCK SHARED VALUE PART III: INJECT AGILE DNA CHAPTER 4: THINK AGILE CHAPTER 5: BE AGILE PART IV: LEAD THROUGH VALUE INNOVATION CHAPTER 6: CREATE VALUE AT PIVOTAL CUSTOMER EVENTS CHAPTER 7: EMBRACE PRODUCTIVITY AS A STRATEGIC CAPABILITY CHAPTER 8: GAIN ADVANTAGE THROUGH ANALYTICS PART V: PREPARING FOR TOMORROW'S CHALLENGES

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Book SynopsisAs China’s economy, global influence and interactions with other countries grow, its diplomatic strategy is attracting more and more interest internationally. This book aims to answer the following questions:What kind of development path has China chosen? What does China’s development mean to the world? What ideas and theories guide China’s diplomacy? What diplomatic policies does China pursue? How will China’s rise impact neighbouring countries? Will China break away from the traditional pattern of ‘a rising power always seeking hegemony’? Will developing countries benefit from China’s development? How does China define its international role and its participation in multilateral governance? How does China conduct public diplomacy?One of the key goals of China’s foreign policy is to develop mutually beneficial trade deals. The first and largest FTA (free trade agreement) China established with other countries was the ASEAN+1 FTA concluded in January 2010, which was also ASEAN’s first FTA with a foreign country. China ASEAN trade exceeded US$400bn in 2013, US$470bn in 2018 and is expected to reach US$1 trillion by 2020.While this book expounds the orthodox China view on its place in the world, its relations with other countries and its diplomatic strategy of peaceful cooperation and mutual benefit, it concedes that despite all parties’ best efforts, sometimes territorial disputes can’t be quickly or easily resolved. In such cases, China takes the pragmatic view that it’s OK for some problems to be put on hold pending future resolution, and the book explores many of the key problem areas in some detail such as the North Korean nuclear issue, the disputed China-India border and sovereignty over islands and territorial waters in the South China Sea.In terms of land and maritime border issues, the authors concede that whereas only two of 14 land borders with neighbouring countries remain unresolved (with India and Bhutan), to date China has yet to agree maritime borders with any of the eight countries with which it shares maritime borders.

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Book SynopsisThis book aims to tell the Abu Dhabi story in economic development, from its past dominance in oil to its economic vision for the future. More than being an exemplar of industrial restructuring and diversification from a resource-based to a 21st century knowledge-based economy and society, Abu Dhabi emphasises its cultural legacy and tradition as an environmental advocate for green and sustainable pathways. It has as many challenges as creative responses to show that its success is not by wealth alone. This case study unveils Abu Dhabi in particular and the rest of Arabic and GCC economic development in general. They have all attracted foreign investment and global business, typically as hydrocarbon-rich resource economies. Beyond that, the geoeconomics and geopolitics of the Middle East and North Africa, with or without the Arab Spring in 2011 is in and of itself, a rich region for multidisciplinary studies and research, not just for economics and business. With Qatar, Abu Dhabi boasts of one of the highest per capita income in the world; therein lies a reason to enquire about its success and pivotal role in the GCC and global contexts.Table of ContentsIntroduction; Transformation From Oil to Industrialisation; Non-Oil Knowledge-Based Economy Services; Enablers in Labour, Laws and Regulations; Abu Dhabi's Economic Development Model.

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Book SynopsisThis volume presents studies from experts in twelve industries, providing insights into the future role of innovation and entrepreneurship in driving economic growth across sectors. We live in an era in which innovation and entrepreneurship seem ubiquitous, particularly in regions like Silicon Valley, Boston, and the Research Triangle Park. But many metrics of economic growth, such as productivity growth and business dynamism, have been at best modest in recent years. The resolution of this apparent paradox is dramatic heterogeneity across sectors, with some industries seeing robust innovation and entrepreneurship and others seeing stagnation. By construction, the impact of innovation and entrepreneurship on overall economic performance is the cumulative impact of their effects on individual sectors. Understanding the potential for growth in the aggregate economy depends, therefore, on understanding the sector-by-sector potential for growth. This insight motivates the twelve studiesTable of ContentsAcknowledgmentsIntroduction: Beyond 140 Characters Michael J. Andrews, Aaron K. Chatterji, and Scott Stern I. Productivity Drivers1. The “Weighty” Manufacturing Sector: Transforming Raw Materials into Physical Goods Erica R. H. Fuchs, Christophe Combemale, Kate S. Whitefoot, and Britta Glennon2. Concentration and Agglomeration of IT Innovation and Entrepreneurship: Evidence from Patenting Chris Forman and Avi Goldfarb3. Innovation, Growth, and Structural Change in American Agriculture Julian M. Alston and Philip G. PardeyComment: Brian Davern Wright4. Innovation and Entrepreneurship in the Energy Sector David Popp, Jacquelyn Pless, Ivan Haščič, and Nick Johnstone II. The On-Demand Economy5. What’s Driving Entrepreneurship and Innovation in the Transportation Sector? Derrick Choe, Alexander Oettl, and Rob SeamansComment: Gilles Duranton6. The Recent Evolution of Physical Retail Markets: Online Retailing, Big Box Stores, and the Rise of Restaurants Francine Lafontaine and Jagadeesh SivadasanComment: Emek Basker7. The Servicification of the US Economy: The Role of Startups versus Incumbent Firms Mercedes Delgado, J. Daniel Kim, and Karen G. MillsComment: Sharat Ganapati8. Digitization and Its Consequences for Creative-Industry Product and Labor Markets Joel WaldfogelComment: Gustavo Manso III. The Cost Disease Sectors9. Innovation in the US Government Joshua R. Bruce and John M. de FigueiredoComment: Manuel Trajtenberg10. Venture Capital–Led Entrepreneurship in Health Care Amitabh Chandra, Cirrus Foroughi, and Lauren Mostrom11. Innovation and Entrepreneurship in Housing Edward KungComment: Jessie Handbury12. Education and Innovation Barbara Biasi, David Deming, and Petra MoserComment: Eleanor Wiske DillonPanel Remarks: Creating “Smart” Policy to Promote Entrepreneurship and Innovation Karen G. Mills and Annie V. DangPanel Remarks: Measuring Business Innovation Using a Multidimensional Approach Lucia Foster13. Where Innovation Happens, and Where It Does Not Benjamin F. Jones Contributors Author Index Subject Index

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Book SynopsisGovernance, Conflict, and Natural Resources in Africa puts forward a novel framework for understanding the role of private economic actors in extractive industries in Africa and sheds new light on foreign private-sector contributions to capacity building and economic development.Trade Review"This ambitious book helps us better understand how firms that extract Africa's natural resources contribute to economic development. Governance, Conflict, and Natural Resources in Africa offers comparative case studies that shed new light on the potential for foreign investors to build capacity in stable, fragile, and post-conflict states. The book's detailed coverage of governance realities 'on the ground' is informative and engaging." Adam Sneyd, University of Guelph and author of Politics Rules: Power, Globalization and Development

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Book SynopsisTrade ReviewThe Nature of Value is a well-reasoned, thought-provoking book that belongs in the library of every investor, professional and retail, value and growth. Reading the Markets Blog [Gogerty's] arguments will stretch the reader's investment intellect. Library Journal Gogerty... provides considerable sound advice to individual investors and professional capital allocators. The volume is packed with interesting information and questions serious investors should ask themselves, such as when and how a firm's earnings stream will ultimately die. CHOICE Lucid and thought-provoking... The Nature of Value will help all investors attain a more robust understanding of the dynamics that create and sustain value. Financial Analysts JournalTable of ContentsPreface Part I: Value 1. The Problem with Price? It's Not Value 2. Value and Why It Matters 3. The Theory of Value Part II: Inos 4. Knowledge and Innovation 5. How Innovative Capabilities Enable Value Creation 6. Allocating to Firms with a Unique Capability Mix Part III: Clusters 7. Birth and Growth of Clusters 8. Cluster Convergence, Maturation, and Death 9. Stable and Unstable Clusters Part IV: Moats 10. The Value of Moats 11. How Moats Affect Cost, Competition, and Customer Forces 12. Managing Moats, for Value Creation Today and Wealth Tomorrow Part V: The Economy 13. The Economy as a Macroprocessing Network 14. Monetary Shocks and Their Implications for the Allocator Part VI: The Nature of Value 15. The Nature of Value Allocation 16. Conclusion Notes Index

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Book SynopsisThree International Monetary Fund economists show that the increase in inequality has been a political choiceand explain what policies we should choose instead to achieve a more inclusive economy. Confronting Inequality is a rigorous and empirically rich book that is crucial for a time when many fear a new Gilded Age.Trade ReviewThis book shows that, far from being either necessary or good for growth, inequality leads to weaker economic performance. Moreover, increases in inequality have been a choice, not an unexpected outcome. The extent of inequality depends very much on the policies governments chose. These conclusions come from careful research conducted over several years. This book’s message is simple: societies are free to choose policies that will deliver more inclusive growth. -- From the foreword by Joseph Stiglitz, Nobel Laureate in EconomicsThe IMF has been an unlikely accompaniment to the chorus of voices speaking out against increasing inequality, influenced primarily by the work of these authors. Here they explain why concerns about income distribution should be more central to policy making, and why the world will be better off for it. Backed by sensible empirical work, their arguments deserve to be read and discussed widely. -- Raghuram G. Rajan, University of Chicago Booth School of BusinessOstry, Loungani, and Berg have done some of the best empirical research on globalization, inequality, and economic growth. This book not only brings the work together, but also sets out a rich policy agenda on inclusive growth. Confronting Inequality should be on the shelf of everyone who wants to understand the future of our economies. -- Dani Rodrik, Harvard UniversityWe must move from assessing the effects of economic policies only on growth to assessing their effect on both growth and inequality. Some growth policies also decrease inequality, others increase it. Understanding the effects of specific policies, be it structural reforms or macroeconomic policies, is of the essence, and this book represents an important start at addressing the issue. -- Olivier Blanchard, senior fellow, Peterson Institute for International Economics, and former chief economist, International Monetary FundThe book provides a rigorous and pragmatic argument for why income inequality is a threat to sustained economic growth and what policies should be used to address it. Coming from the top IMF economists, this new approach may herald a major change in global policies such that attention is paid to both growth and equality. -- Branko Milanović, The Graduate Center, CUNYBuilding on years of research conducted by the authors at the International Monetary Fund, Ostry, Loungani, and Berg tell a compelling story—in a pithy, accessible way—about how inequality hurts economic growth and stability and how to design policies to deliver a more inclusive growth. -- Heather Boushey, executive director and chief economist, Washington Center for Equitable GrowthConfronting Inequality is a valuable primer on one of the central issues of the present day. Ostry, Loungani, and Berg make a powerful argument that inequality has economic, social, and political effects that slow economic growth—and they suggest a menu of sensible policies to make the world a better, fairer, and more prosperous place. A cogent and concise summary of what we know about inequality and about how to reduce it. -- Jeffry Frieden, Harvard UniversityTable of ContentsForeword, by Joseph E. StiglitzPreface1. Introduction2. Inequality: Measures and Drivers3. Inequality and Sustained Growth4. Structural Policies and Inequality5. Financial Globalization and Inequality6. Austerity and Inequality7. Central Banks and Inequality8. Technology, Robots, and Inequality9. Remedies for Inequality—Redistribution10. ConclusionsData AppendixTechnical AppendixGlossaryReferencesIndex

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Book SynopsisThree International Monetary Fund economists show that the increase in inequality has been a political choice—and explain what policies we should choose instead to achieve a more inclusive economy. Confronting Inequality is a rigorous and empirically rich book that is crucial for a time when many fear a new Gilded Age.Trade ReviewThis book shows that, far from being either necessary or good for growth, inequality leads to weaker economic performance. Moreover, increases in inequality have been a choice, not an unexpected outcome. The extent of inequality depends very much on the policies governments chose. These conclusions come from careful research conducted over several years. This book’s message is simple: societies are free to choose policies that will deliver more inclusive growth. -- From the foreword by Joseph Stiglitz, Nobel Laureate in EconomicsThe IMF has been an unlikely accompaniment to the chorus of voices speaking out against increasing inequality, influenced primarily by the work of these authors. Here they explain why concerns about income distribution should be more central to policy making, and why the world will be better off for it. Backed by sensible empirical work, their arguments deserve to be read and discussed widely. -- Raghuram G. Rajan, University of Chicago Booth School of BusinessOstry, Loungani, and Berg have done some of the best empirical research on globalization, inequality, and economic growth. This book not only brings the work together, but also sets out a rich policy agenda on inclusive growth. Confronting Inequality should be on the shelf of everyone who wants to understand the future of our economies. -- Dani Rodrik, Harvard UniversityWe must move from assessing the effects of economic policies only on growth to assessing their effect on both growth and inequality. Some growth policies also decrease inequality, others increase it. Understanding the effects of specific policies, be it structural reforms or macroeconomic policies, is of the essence, and this book represents an important start at addressing the issue. -- Olivier Blanchard, senior fellow, Peterson Institute for International Economics, and former chief economist, International Monetary FundThe book provides a rigorous and pragmatic argument for why income inequality is a threat to sustained economic growth and what policies should be used to address it. Coming from the top IMF economists, this new approach may herald a major change in global policies such that attention is paid to both growth and equality. -- Branko Milanović, The Graduate Center, CUNYBuilding on years of research conducted by the authors at the International Monetary Fund, Ostry, Loungani, and Berg tell a compelling story—in a pithy, accessible way—about how inequality hurts economic growth and stability and how to design policies to deliver a more inclusive growth. -- Heather Boushey, executive director and chief economist, Washington Center for Equitable GrowthConfronting Inequality is a valuable primer on one of the central issues of the present day. Ostry, Loungani, and Berg make a powerful argument that inequality has economic, social, and political effects that slow economic growth—and they suggest a menu of sensible policies to make the world a better, fairer, and more prosperous place. A cogent and concise summary of what we know about inequality and about how to reduce it. -- Jeffry Frieden, Harvard UniversityTable of ContentsForeword, by Joseph E. StiglitzPreface1. Introduction2. Inequality: Measures and Drivers3. Inequality and Sustained Growth4. Structural Policies and Inequality5. Financial Globalization and Inequality6. Austerity and Inequality7. Central Banks and Inequality8. Technology, Robots, and Inequality9. Remedies for Inequality—Redistribution10. ConclusionsData AppendixTechnical AppendixGlossaryReferencesIndex

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Book SynopsisNicholas Jepson shows how Chinese demand not only transformed commodity markets but also provided resource-rich states with the financial leeway to set their own policy agendas. He combines analysis of China-led structural change with fine-grained detail on how the boom played out across fifteen different resource-rich countries.Trade ReviewIn China's Wake is a bold and thorough piece of research in the tradition of ‘big picture’ global political economy. Steered by a theoretical framework, it weaves together China’s soaring demand for commodities; the boom in global markets for metals, fuels, and agricultural products; and development trajectories in resource-rich economies. The result is a fascinating contribution to development studies. -- Robert H. Wade, London School of Economics and Political ScienceThe commodity boom driven by China’s demand has come and gone. Yet Nicholas Jepson shows that this boom transformed the developmental landscape of natural resource exporters forever. In China’s Wake is the most comprehensive account to date of the different responses to the boom across the global South and their consequences. It is an incisive introduction to the post-neoliberal, post-China world of development. -- Ho-fung Hung, author of The China Boom: Why China Will Not Rule the WorldThis is an excellent book about China’s rise and its major ramifications for developing countries. Focusing on the role of commodities exports, Jepson employs a thoughtful, carefully honed analytical approach. He further adds quantitative analyses and fieldwork interviews. This book makes an important contribution to development studies. -- Jan Nederveen Pieterse, author of Multipolar Globalization: Emerging Economies and DevelopmentAmong the excellent books that explore the consequences of China’s externalization for the global South, In China’s Wake is perhaps the best. Theoretically robust and empirically rich, it engages with the implications of China-driven shifts in global market conditions for the development trajectories of fifteen countries across four world-regions. This is a path-breaking and stunningly original contribution that substantially advances our understanding of China’s relation to global transformation. -- Jeffrey Henderson, professor emeritus of international development, University of BristolWhile much of today’s China scholarship focuses on the negative impact of China’s growing technological and economic power on other countries, this important book looks at the other side of the argument: how China’s break with neoliberal orthodoxy benefited resource-rich countries, particularly during the boom period of commodity exports. This balanced account is a must-read for anyone interested in China’s global role with developing countries. -- Richard P. Appelbaum, coauthor of Innovation in China: Challenging the Global Science and Technology SystemHighly recommended * Choice *Table of ContentsList of Figures and TablesAcknowledgmentsList of AbbreviationsIntroduction1. World Markets in China’s Wake2. Natural Resources and Development Under Shifting Global Regimes3. The Rise of China as a Necessary Condition for Post-Neoliberal Breaks4. A Typology of Political-Economic Trajectories Under Commodity Boom Conditions5. Neodevelopmentalist Type: Argentina and Brazil6. Extractivist-Redistributive Type: Ecuador, Bolivia, and Venezuela7. Extractivist-Oligarchic Type: Angola and Kazakhstan8. Donor-Dependent Orthodoxy Type: Zambia, Laos, and Mongolia9. Homegrown Orthodoxy Type: Jamaica, Peru, South Africa, Colombia, and Indonesia10. China and Global TransformationAppendix: Research Design—Qualitative Comparative Analysis and InterviewsNotesBibliographyIndex

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Book SynopsisThis book brings together prominent international contributors to consider a range of questions concerning the quality of growth in Africa. Offering both diagnoses and prescriptions, The Quality of Growth in Africa helps envision a future that goes beyond increasing GDP to ensuring that growth translates into improvements in well-being.Trade ReviewHow can so many decades of economic growth yield so little equity, so few decent jobs, and only limited and disorderly structural transformation? Ravi Kanbur, Akbar Noman, and Joseph E. Stiglitz, some of the leading economists of our time, have assembled a dream team of contributors to break new ground on the diagnostic. This sparkling book provides a practical roadmap to prosperity and a blueprint to help Africa reclaim its rightful place in the world. -- Célestin Monga, vice president and chief economist, African Development Bank GroupThe Quality of Growth in Africa provides timely and authoritative reviews of the challenges, opportunities, and approaches for achieving inclusive and sustainable growth in Africa—a continent with a burgeoning young population and significant difficulties for realizing the UN’s Sustainable Development Goals. It is essential reading for scholars and policy makers in Africa and the global development community. -- Justin Yifu Lin, Peking University and former chief economist of the World BankIn this timely and welcome volume, the contributors bring a myriad of crucial issues—levels of inequality, the quality and quantity of employment, the structural transformation of the African economy, the diversification of exports, and the quality of life in a rapidly industrializing continent—to the front of the policy agenda. Adept and refreshing, this book should be widely disseminated and read. -- Thandika Mkandawire, London School of Economics and former director of the United Nations Research Institute for Social DevelopmentAfrican countries have pursued economic reforms to attain more rapid growth in the last three decades. They have also been driven to reduce poverty and income inequality. This book provides good explanations of the countries’ varied successes. It is an excellent indication of the challenges that Africa faces as it considers structural transformation. -- Ernest Aryeetey, secretary general, African Research Universities AllianceTable of ContentsAcknowledgmentsIntroduction. Quality of Growth in Africa: An Overview, by Ravi Kanbur, Akbar Noman, and Joseph E. StiglitzPart I. Gross Domestic Product, Equity, and Employment1. Beyond GDP: Measuring the Quality of Growth in Africa, by Lorenzo Fioramonti2. Recent African Growth Experience: Poverty, Equity, and Political Stability, by Andy McKay3. The Quality of Jobs and Growth in Sub-Saharan Africa, by Moazam MahmoodPart II. Structural Transformation for Quality Growth4. New Global Rules, Policy Space, and Quality of Growth in Africa, by Antonio Andreoni, Ha-Joon Chang, and Isabel Estevez5. What Should Africa Learn from East Asian Development?, by Jomo Kwame Sundaram6. Economic Transformation for High-Quality Growth: Insights from International Cooperation, by Akio HosonoPart III. Economic Transformation: Industrializing Agriculture, Complexity, and Global Value Chains7. Oranges Are Not Only Fruit: The Industrialization of Freshness and the Quality of Growth, by Christopher Cramer and John Sender8. Sub-Saharan Africa’s Manufacturing Sector: Building Complexity, by Haroon Bhorat, Ravi Kanbur, Christopher Rooney, and François Steenkamp9. A Generalized Linkage Approach to Local Production Systems Development in the Era of Global Value Chains, with Special Reference to Africa, by Antonio Andreoni10. (Re)shaping Markets for Inclusive Economic Activity: Competition and Industrial Policies Relating to Food Production in Southern Africa, by Simon RobertsPart IV. Environment11. Climate Change and the Quality of Growth in Africa, by Ben Orlove12. Does Environmental Policy Make African Industry Less Competitive? The Possibilities in Green Industrial Policy, by Go ShimadaPart V. Urbanization13. Urbanization and the Quality of Growth in Africa, by Takyiwaa Manuh and Edlam Abera Yemeru14. Migrants, Towns, Poverty, and Jobs: Insights from Tanzania, by Luc Christiaensen, Joachim De Weerdt, Bert Ingelaere, and Ravi Kanbur15. Distributing Benefits from Africa’s Urban Growth, by Gabriella Y. CaroliniContributorsIndex

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Book SynopsisWhile dozens of books and articles have predicted the near-certainty of China's rise to global supremacy, this book boldly counters such widely-held assumptions. It brings to light the daunting array of challenges that today confront China, as well as the inadequacy of the responses.Trade Review"'Timothy Beardson is a brilliant entrepreneur and investment strategist and his observations about China are sobering - and a must-read for the well-informed.' (Steve Forbes, Chairman and Editor-in-Chief, Forbes Media) 'A thoughtful reconsideration of China's actual place in the new world order, based on reality rather than fanciful speculation.' (Kirkus Reviews)"

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Book SynopsisThe political fragmentation and constant warfare of medieval Japan did not necessarily inhibit economic growth. Rather, as this book shows, these conditions created opportunities for a wider spectrum of society to participate in trade, markets, and monetization, laying the groundwork for Japan’s transformation into an early modern society.Trade ReviewSegal’s book is a highly readable, lively analysis of money, trade, and the economy in pre-1600 Japan, with emphasis on the first half (late Heian through Kamakura periods) of the medieval age… Given its readability and substantive coverage, Coins, Trade, and the State could be used in Japanese history courses at all levels, surveys through graduate seminars… [Segal] richly illustrates how various members of society participated in a complex economy, including those with estate affiliations as well as those in warrior domains. This approach to history could put an end to the still-common notion that Japan before the early modern (Tokugawa) period was an economically primitive place, a sea of self-sufficiency. -- Suzanne Gay * Harvard Journal of Asiatic Studies *Segal breaks new ground in Japanese history by focusing on economic developments in the 12th–13th centuries that laid the groundwork for the economic growth Japan experienced during the period of political decentralization and civil war in the 14th–16th centuries. In doing so, Segal fills a gap in knowledge of the economic history of Japan before the Edo period. Using evidence coaxed from a wide range of original Japanese sources and writing in an accessible style, he shows how the circulation of copper coins and the expansion of trade led to the emergence of a market-centered economy. A key part of this story is how the peripheral elites such as merchants, warriors, estate managers, and religious leaders devised new ways to circumvent the traditional center-controlled forms of commodity taxes and exchange by importing Chinese coinage, trading in local markets, and devising an effective system of long-distance money remittance. The author’s fresh analysis of the Kamakura bakufu’s late-13th-century ‘virtuous government’ (tokusei) decrees is particularly noteworthy. -- M. D. Erickson * Choice *

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Book SynopsisThe Cuban Economy in ?a New Era diagnoses the ills afflicting Cuba's economy and examines seven areas: macroeconomic policy, central planning, small and medium private enterprises, nonagricultural cooperatives, financing options for the new private sector, state enterprise management, and relations with international financial institutions.Trade ReviewWith the passing of Fidel Castro and the reestablishment of U.S.–Cuban relations, Cuba is poised for major change—but towards what? In The Cuban Economy in a New Era, we get a rare glimpse from the inside. Ten leading scholars from the island discuss critical factors in that transformation, including the major economic reforms to date, the key players (from new cooperatives to the emerging private sector), and the role of the formal financial sector and the challenges of innovation and planning. In the process, we get an invaluable first-hand view of how the Cuban economy really functions. To cap it all, as bookends, two long-time Cuban analysts, Harvard’s acclaimed Jorge Domínguez and Lorena Barberia of the Universidade de São Paulo, put this in perspective for us. This book is a key contribution, at precisely the right time. -- Michael Chu, Harvard Business School, and Managing Director and Co-Founder, IGNIA PartnersThis is an excellent volume that profoundly analyzes Raúl Castro’s economic reforms, including the documents of the VII PCC Congress in 2016, with solid and balanced evaluations of performance, and sound recommendations for the future. -- Carmelo Mesa-Lago, Distinguished Service Professor Emeritus of Economics and Latin American Studies, University of Pittsburgh

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Book SynopsisDaniel Immerwahr tells how the United States sought to rescue the world from poverty through small-scale, community-based approaches. He also sounds a warning: such strategies, now again in vogue, have been tried before, alongside grander moderization schemes with often disastrous consequences as self-help gave way to crushing local oppression.

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Book SynopsisProvides a simple framework to organize the debate on what we should do for the future. This title outlines the basic theory of the discount rate and the various arguments that favor using a smaller discount rate for more distant cash flows. It offers a suitable framework for dynamic problems and decision making.Trade Review"Pricing the Planet's Future is a technically adept compendium of ideas on social discounting in an uncertain world, seen through the lens of the discounted utilitarianism and the Ramsey framework... [T]he book is not necessarily for the faint-hearted newcomer to intergenerational issues. Yet it will serve as an excellent accompaniment to the previous texts in this area, ... and as a clarifying resource for the technician or policymaker entering into the ever advancing literature on social discounting."--Ben Groom, Journal of Economic Literature "For readers with the appropriate technical background the book provides a very good introduction to the research frontier. Incorporating uncertainty into long-run project evaluation and discounting is certainly a central component of a more satisfactory approach to decision making, and Gollier's contributions are required reading for those wishing to understand the issues involved."--Antony Millner, Environment and Planning Government and PolicyTable of ContentsPreface vii Introduction 1 Part I: The Simple Economics of Discounting 1 Three Ways to Determine the Discount Rate 17 2 The Ramsey Rule 26 3 Extending the Ramsey Rule to an Uncertain Economic Growth 41 Part II: The Term Structure of Discount Rates 4 Random Walk and Mean-Reversion 61 5 Markov Switches and Extreme Events 74 6 Parametric Uncertainty and Fat Tails 84 7 The Weitzman Argument 98 8 A Theory of the Decreasing Term Structure of Discount Rates 111 Part III: Extensions 9 Inequalities 131 10 Discounting Non-monetary Benefits 149 11 Alternative Decision Criteria 168 Part IV: Evaluation of Risky and Uncertain Projects 12 Evaluation of Risky Projects 185 13 The Option Value of Uncertain Projects 203 14 Evaluation of Non-marginal Projects 215 Global Conclusion 225 Index 227

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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 SynopsisMost of us who live in the North and the West consume far too much - too much meat, too much fat, too much sugar, too much salt. We are more likely to put on too much weight than to go hungry. We live in a society that is heading for a crash. We are aware of what is happening and yet we refuse to take it fully into account.Trade Review"I would like to use the opportunity of this review to urge readers to take up Latouche's remarkable book." Sustainability, Science, Practice, and Policy "This little book is a pleasure to read. It is critical, contrarian, informative and provocative. Latouche advances a coherent set of proposals for reversing the treadmill of an ever-more insistent growth dynamic in favour of a more serene existence based on quality of life, solidarity and respect for the environment." Bob Jessop, University of LancasterTable of ContentsForeword Introduction 1 The Territory of De-Growth A UFO in the Microcosm of Politicking What is De-Growth? A Battle over Ideas and Words The Two Sources of De-Growth The Green Algae and the Snail An Unsustainable Ecological Footprint A False Solution: Reducing the Population 2 A Concrete Utopia The De-Growth Revolution The Virtuous Circle of Quiet Contraction De-Growth as a Local Project Is Reducing Growth a Retrograde Step? De-Growth: A Challenge for the South Is De-Growth Reformist or Revolutionary? 3 A Political Programme An Electoral Programme Jobs for All in a De-Growth Society De-Growth: Behind the Work-Based Society Is De-Growth Soluble in Capitalism? Is De-Growth a Right-Wing Policy or a Left-Wing Policy? Do We Need a De-Growth Party? Conclusion References

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Book SynopsisTranslated by David Fernbach The 21st century will be the century of Africa. This continent was once seen as empty, rural, animist, poor, and forgotten by the world. Now, fifty years after independence, it is full to bursting, urban and monotheist. If poverty and violence are still rampant, economic growth has taken off again and a middle class is developing. Africa will hold a central place in the big issues facing the world today. If it once made a false start', here it is back again in the fast lane. The West has missed the turnaround of a continent that will no longer wait for us. How can we best understand it? Demography, economics, politics, diplomacy, cultures and religions this book presents the different facets of this new Africa, which will soon have a billion people, at the mid point of the most rapid population boom that humanity has ever known. Without ignoring the risks of its metamorphosis, it brings to light the forces and hopes that Africa harbors.Trade Review"A wake-up call. Its message is simple: look out world, here comes Africa." Wall Street Journal "Clearly conceived, cleanly structured, tightly written and lucidly expressed. A highly readable text." European Voice "Their optimistic analysis of the continent and its inhabitants should be read by all who are interested in looking at Africa with a fresh and different perspective." African Security Review "A significant book for those interested in questions of economic and cultural change." The Age "Africa's Moment has the great value of underlining that Africa's future is indeed in the hands of Africans." South World "A timely and positive assessment of Africa's prospects founded upon deep understanding and a distinctive perspective." Paul Collier, University of Oxford "The West is wedded to a retrograde vision of Africa's past and know nothing of its present, even less of its future. This unprecedented book forces revision of that outlook by addressing a world, just a few decades from now, where one in four human beings will be African." Keith Hart, University of LondonTable of Contents Acknowledgements Foreword by Paul Collier Introduction Part One: The Peopling of a Continent Chapter 1: Who Wants to Be a Billionaire? Chapter 2: Malthus on CNN Part Two: Africa on the Move Chapter 3: A Black Peril? Chapter 4: Crowded Roads Part Three: Africa Versus Growth Chapter 5: The Undiscoverable Curse Chapter 6: The Great Wheel of Growth Part Four: When Africa Awakes Chapter 7: The Great Clean-Up Chapter 8: Emerging Africa Part Five: God's Africa Chapter 9: Urban Compositions Chapter 10: Crescent and Cross Chapter 11: Switched-On Africa Chapter 12: The End of Ethnicity Chapter 13: African Democracy Part Six: One March, Three Directions Chapter 14: Countries of Rent, Countries in Danger Chapter 15: The Vanguard of Development Chapter 16: Fragile Africa: One Crisis After Another Part Seven: Africa, The World's Vitality Chapter 17: The End of Infinity Chapter 18: Light Against Darkness Chapter 19: The Hunger for Land Chapter 20: The Struggle for Man Part Eight: The Newcomer at the Feast of Nations Chapter 21: Africa Courted Chapter 22: Emerging Powers: Africa's New Exploiters? Chapter 23: Acknowledging Africa Conclusion Maps Notes Index

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Book SynopsisThe 21st century will be the century of Africa. How can we best understand it? Demography, economics, politics, diplomacy, cultures and religions, this book presents the different facets of this new Africa, which will soon have a billion people, at the mid point of the most rapid population boom that humanity has ever known.Trade Review"A wake-up call. Its message is simple: look out world, here comes Africa." Wall Street Journal "Clearly conceived, cleanly structured, tightly written and lucidly expressed. A highly readable text." European Voice "Their optimistic analysis of the continent and its inhabitants should be read by all who are interested in looking at Africa with a fresh and different perspective." African Security Review "A significant book for those interested in questions of economic and cultural change." The Age "Africa's Moment has the great value of underlining that Africa's future is indeed in the hands of Africans." South World "A timely and positive assessment of Africa's prospects founded upon deep understanding and a distinctive perspective." Paul Collier, University of Oxford "The West is wedded to a retrograde vision of Africa's past and know nothing of its present, even less of its future. This unprecedented book forces revision of that outlook by addressing a world, just a few decades from now, where one in four human beings will be African." Keith Hart, University of LondonTable of ContentsAcknowledgementsForeword by Paul CollierIntroductionPart One: The Peopling of a ContinentChapter 1 Who Wants to Be a Billionaire?Chapter 2 Malthus on CNNPart Two Africa on the MoveChapter 3 A Black Peril?Chapter 4 Crowded RoadsPart Three: Africa Versus GrowthChapter 5 The Undiscoverable CurseChapter 6 The Great Wheel of GrowthPart Four: When Africa AwakesChapter 7 The Great Clean-UpChapter 8 Emerging AfricaPart Five: God’s AfricaChapter 9 Urban CompositionsChapter 10 Crescent and CrossChapter 11 Switched-On AfricaChapter 12 The End of EthnicityChapter 13 African DemocracyPart Six: One March, Three DirectionsChapter 14 Countries of Rent, Countries in DangerChapter 15 The Vanguard of DevelopmentChapter 16 Fragile Africa: One Crisis After AnotherPart Seven: Africa, The World’s VitalityChapter 17 The End of InfinityChapter 18 Light Against DarknessChapter 19 The Hunger for LandChapter 20 The Struggle for ManPart Eight: The Newcomer at the Feast of NationsChapter 21 Africa CourtedChapter 22 Emerging Powers: Africa’s New Exploiters?Chapter 23 Acknowledging AfricaConclusionMapsNotesIndex

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Book SynopsisA systematic and thorough comparison between Canada's and Britain's actions on climate change.Trade Review"When Green Growth Is Not Enough will inform a wide North American audience about European climate change and policy - we simply do not hear about this in conventional media and no similar debate takes place in Canada and the United States. We need this public discussion of what might be done and how we might do it." Robert Paehlke, Environmental and Resource Studies, Trent University

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Book SynopsisThe book offers an eclectic treatment of the human capital-economic growth nexus and uses state-of-the-art nonlinear econometric methods to provide an empirical assessment of the link between human capital and economic growth.Trade Review"The authors provide an in-depth investigation of the link between human capital and economic growth. They take an innovative approach, examining the determinants of economic growth through a historical overview of the concept of human capital." —Abstracts of Public Administration, Development, and Environment"This book imparts a deep understanding of the nexus between human capital and aggregate economic growth. By studying this book, you will have not only acquired the specific human capital knowledge to participate in the literature on human capital and growth, but will also have acquired general human capital knowledge that will improve your productivity in other economic areas." —Merwan H. Engineer, University of Victoria"The authors are excellent writers and experts on the topics they cover in this volume. They use an array of results to make the case that, indeed, human capital affects growth in a highly nonlinear way. There is nothing that is as extensive on the issue of human capital and economic growth as this book."—Chris Papageorgiou, Research Department of the International Monetary FundTable of ContentsPART I Introduction 1 Introduction to Human Capital and Economic 3 Growth 2 The Concept of Human Capital: A Brief 10 Historical Review PARTII Theoretical Research on Human Capital and Economic Growth 3 Theoretical Models of Human Capital and 27 Economic Growth 4 Human Capital and Endogenous Models of 53 Economic Growth 5 Threshold Effects, Multiple Equilibria, and 84 Nonlinearities in Human Capital and Economic Growth PARTIII The Empirics of Human Capital and Economic Growth 6 Empirical Studies on Human Capital and 107 Economic Growth 7 Human Capital and Economic Growth: Linear 156 Specifications 8 A Primer on Nonparametric Methods and Their 172 Application to Research in Human Capital and Economic Growth 9 Human Capital and Economic Growth: 193 Nonlinear Specifications Appendix: Nonparametric Methods 211 Glossary 217 Bibliography 221

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Book SynopsisTrade Review"Elsenhans and Babones critique development orthodoxies with aplomb, providing clear guidance on what can be done at a policy level. The authors' knowledge of relevant theory and debates, brought together with original data, results in an impressive synthesis of argument and evidence."—Robert Holton, Trinity College Dublin"Covering a wide range of theory and empirical evidence, this concise, critical survey chronicles the rise of the BRICS and the policy dilemmas that they face. Highly recommended."—Ray Kiely, Queen Mary University of London, author of The BRICs, US "Decline" and Global Transformations"This is a wonderful introduction to the critical policy problems facing the BRICS and to the wide-ranging and deeply insightful global political economy of Hartmut Elsenhans, one of the undersung giants in the field."—Craig N. Murphy, Wellesley College"This remarkable book provides a practical road map with theoretical underpinnings about how BRICS countries, despite enormous differences in their socio-political systems, can coalesce for the common goal of escaping the 'low or middle income trap.' The intellectual challenge that the authors pose to conventional market-oriented wisdom is a must-consider for concerned economists and politicians."—Amit Bhaduri, Jawaharlal Nehru University"This is a well-written book on a very important subject: the BRICS. At times provocative and controversial, it is most interesting and highly readable."—Lim Chong Yah, National University of Singapore and Nanyang Technological University"Are the BRICS caught in the middle-income 'trap,' facing a structural 'barrier' to further development? Through a detailed examination of the recent slowdown in these economies, this book offers a compelling theoretical analysis and a clear, actionable set of policies to overcome the barrier."—Jan Kregel, Director of Research, Levy Economics Institute, Bard CollegeTable of ContentsIntroduction 1. The BRICS Trajectories: Economic, Political, and Social 2. The Role of the State in Economic Development 3. Mass Demand as the Basis of Growth 4. Selective Links to the World Market Conclusion

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Book SynopsisThis detailed book explores and provides insights into the development and transformation of various clusters, economies and industrial sectors in East and Southeast Asia.Trade Review‘The book is thus a useful addition to the large and growing literature involving industrial agglomeration and clustering in the dynamic geographic region of East Asia, particularly in an international setting. . . the collection is of value.’ -- Srikanta Chatterjee, World Economics Association NewsletterTable of ContentsContents: Preface 1. Cluster Policies and Entrepreneurial States in East Asia Alexander Ebner 2. Information and Communication Technology and Economic Growth of Four Asian Industrialized Economies Yanfei Li and Wai-Mun Chia 3. Industrial Agglomeration of Taiwanese Electronics Firms in Dongguan, China: Home Effects and Implications for Industrial Upgrading Felix Haifeng Liao, Karen Zhihua Xu and Bin Liang 4. The Rise of the Biomedical Cluster in Wonju, Korea Jun Koo and Jongmin Choi 5. The Global Economic Crisis as Leverage for Emerging Regional Growth Paths? Differentiated Evidence from China – Three Years Onwards Daniel Schiller and Henning Kroll 6. Technological Intensity of FDI in Vietnam – Implications for Future Economic Development and Emerging Clusters Curt Nestor 7. The Aircraft Industry as a Tool for Economic and Industrial Development – The Case of Indonesia Sören Eriksson 8. Foreign Knowledge Transfer in the Development of Aircraft Industry Clusters – The Case of Chengdu, China Sören Eriksson Index

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Book SynopsisToday, economic growth is widely understood to be conditioned by productivity increases which are, in turn, profoundly affected by innovation. This volume explores these key relationships between innovation and growth, bringing together experts from both fields to compile a unique Handbook.Table of ContentsContents: Preface 1. Introduction to the Handbook of Regional Innovation and Growth Philip Cooke, Bjørn Asheim, Ron Boschma, Ron Martin, Dafna Schwartz and Franz Tödtling PART I: REGIONAL INNOVATION THEORY Introduction Bjørn Asheim and Dafna Schwartz 2. Schumpeter and Regional Innovation Esben Sloth Andersen 3. Neo-Schumpeterian Perspectives on Innovation and Growth David Wolfe 4. Regional Agglomeration and Growth: The Classical Approach Eirik Vatne 5. Innovation, Product Life Cycle and Diffusion: Vernon and Beyond Gunther Tichy 6. Perspectives on Mature Marshallian Industrial Districts Marco Bellandi 7. The New Marshallian Districts and their Process of Internationalization Fiorenza Belussi PART II: REGIONAL INNOVATION AND GROWTH DYNAMICS Introduction Philip Cooke, Franz Tödtling and Dafna Schwartz 8. Innovation and Productivity: Local Competitiveness and the Role of Space Roberta Capello 9. Human Capital and Labour Mobility Determinants of Regional Innovation Daniel Felsenstein 10. The Geography of Knowledge Flows Stefano Breschi 11. Regional Innovation and Diversity Simona Iammarino 12. Networks of Innovation Elisa Giuliani 13. From Regional Anchors to Anchoring Lisa De Propris and Olivier Crevoisier PART III: REGIONAL INNOVATION AND EVOLUTION Introduction Ron Boschma and Ron Martin 14. Technological Relatedness, Related Variety and Economic Geography Ron Boschma and Koen Frenken 15. Regional Economies as Path-Dependent Systems: Some Issues and Implications Ron Martin 16. Absorptive Capacity in a Regional Context Maria Abreu 17. Regional Knowledge Networks Michael Steiner 18. Regional Competitiveness: From Endowments to Externalities to Evolution Ron Martin 19. Regional Cultural Economy: Evolution and Innovation Al James PART IV: AGGLOMERATION AND INNOVATION Introduction Philip Cooke and Bjørn Asheim 20. Proximity and Innovation Christophe Carrincazeaux and Marie Coris 21. The Changing Form and Geography of Social Capital Stuart Rosenfeld 22. Cluster Evolution Arne Isaksen 23. Transversality and Regional Innovation Platforms Philip Cooke 24. Technology Clusters Edward Malecki PART V: REGIONAL WORLDS OF INNOVATION Introduction Philip Cooke and Dafna Schwartz 25. Worlds of Production: Conventions and the Microfoundations of Regional Economies Peter Sunley 26. Culture as a Source for Growth and Change: Some Evidences from Cultural Clusters in Andalusia Luciana Lazzeretti 27. Service Innovation Yuko Aoyama and Rory Horner 28. Regional Services Innovation Philip Cooke 29. Open Innovation and Regional Growth Peter Prud’homme van Reine 30. Foreign Direct Investment and Regional Innovation Philip Cooke and Dafna Schwartz 31. Innovation Systems in Emerging Economies: The Case of India Scott Ptak and Sharmistha Bagchi-Sen 32. Green Innovation Philip Cooke PART VI: REGIONAL INNOVATION SYSTEM INSTITUTIONS Introduction Dafna Schwartz and Franz Tödtling 33. Regional Innovation Systems Franz Tödtling and Michaela Trippl 34. Intermediaries in Regional Innovation Systems: Role and Challenges for Policy Claire Nauwelaers 35. Regional Entrepreneurship Niels Bosma, Veronique Schutjens and Erik Stam 36. Venture Capital in Regional Innovation and Growth Jesper Lindgaard Christensen 37. Regional Entrepreneurship Development: Promoting Spin-offs through Coaching and Mentoring Magnus Klofsten and Staffan Öberg 38. Regional Innovation and Incubation: The Technological Incubators Programme for Entrepreneurship and Innovation Daniel Shefer and Amnon Frenkel PART VII: REGIONAL INNOVATION POLICY Introduction Philip Cooke and Ron Boschma 39. Regional Innovation Governance Martin Heidenreich and Knut Koschatzky 40. Learning Regions James Simmie 41. Regional Innovation Platforms Vesa Harmaakorpi, Tomi Tura and Helinä Melkas 42. Regional Innovation Policy and Dramaturgy Philip Cooke 43. Design-Driven Regional Innovation Philip Cooke and Arne Eriksson 44. Regional Innovation Policy between Theory and Practice Arnoud Lagendijk Index

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Book SynopsisAgainst the backdrop of the financial crisis that unfolded in 2008, this book deals with policy challenges going forward, focusing in particular on the ongoing catching-up process in Central, Eastern and South-Eastern European countries.Table of ContentsContents: Preface PART I: CATCHING-UP AND GROWTH PROSPECTS AFTER THE CRISIS 1. Challenges to European Economic Integration Vítor Constâncio 2. A Forward-looking View on Catching-up Strategies from an Austrian Angle Ewald Nowotny 3. Re-establishing Growth After the Crisis – Lessons from the Nordic Countries Seppo Honkapohja 4. Catching-up Prospects After the Crisis for the EU’s CESEE Region Kieran Mc Morrow and Werner Röger 5. Growth Prospects in the EU-10 Members States After the Crisis Dariusz K. Rosati 6. Neoclassicism in the Balkans Vladimir Gligorov 7. Unlocking Growth Potential in the Balkans Boštjan Jazbec and Albulenë Kastrati 8. The Catching-up Experience of the Western Balkans – the Cases of Serbia, FYR of Macedonia and Albania Michael Loufir PART II: POLICY CHALLENGES IN THE CESEE REGION AND BEYOND 9. Monetary Policy and Financial Stability: What’s Ahead for Central and Eastern Europe Stephen G. Cecchetti 10. Central Banking for the 21st Century: An American Perspective Paul A. Wachtel 11. Monetary Policy Challenges in the CESEE Region: Architecture for an Earthquake Zone Bas B. Bakker and Leslie Lipschitz 12. A Policy Recipe for Successful Convergence of CESEE Countries in the Post-crisis World Júlia Király, Attila Csajbók and Mihály András Kovács 13. Monetary Policy Challenges in the CESEE Region – the Case of Poland Marek Belka 14. Monetary Policy Challenges in the CESEE Region – the Case of Romania Christian Popa 15. Monetary Policy Challenges in the CESEE Region – the Case of Croatia Boris Vujčić 16. Challenges for Monetary and Exchange Rate Policy in CESEE Created by the Crisis: Back to Square One? Peter Mooslechner PART III: THE NEW ROLE OF FINANCIAL INTEGRATION, GROWTH FINANCING AND EXPORTS 17. Policy Perspectives on Financial Integration After the Crisis Ignazio Angeloni 18. The Need for an Enhanced Role of Local Supervisors and Shareholder Oversight Andrzej Stopczyński 19. Firms’ Patterns of Trade and Access to Finance Jože P. Damijan and Črt Kostevc 20. Financing for Growth in CESEE Joachim Nagel and Corinna Knobloch 21. Capital Inflows, Exports and Growth in the CESEE Region Jarko Fidrmuc and Reiner Martin 22. Structural Components of International Trade Growth 1995–2009 Joseph F. Francois and Julia Wörz 23. The Great Trade Collapse and its Impact on Firms in Europe László Halpern PART IV: CHALLENGES FOR BANKING IN THE CESEE REGION 24. After the Crisis: Financial Sector Reform in the EU María Teresa Fábregas Fernández 25. Banking Challenges in the CESEE Region from the Erste Group Perspective Andreas Treichl 26. Challenges for Banking in the CESEE Region – the Situation in Austria and CESEE in November 2010 Michael Hysek 27. The CESEE Experience of KBC Group Marko Voljć 28. Challenges for Banking in the CESEE Region – the Case of Swedbank Baltic Banking Håkan Berg Index

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Book SynopsisWritten by distinguished Chinese academics, this book provides a unique and rare insight into the development of the modern Chinese economy. The book concludes that following three decades of high economic growth, China now faces great challenges for sustainable growth, and the institutions of China’s economy have reached a critical point.Table of ContentsContents: 1. Introduction: The Reform and Opening-up of a Large, Developing Country 2. Political and Social Foundations of Economic Development 3. Urban and Rural Economic Development During the Process of Urbanization and Industrialization 4. Industrial Agglomeration in the Process of Globalization and Regional Economic Development 5. Transitions of Public Services and Government Responsibilities During the Marketization Process 6. Developmental Imbalances and Mechanisms for Improving the Market System 7. Appropriate Institutions and Sustainable Growth: China’s Development and its Worldwide Significance References Index

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Book SynopsisIt is these two factors that have determined not only the remarkable success of Asia in economic development but also the uniqueness of its growth model. This book examines the rise of Asia in the past two decades and draws lessons from its growth patterns.Trade Review'Asia, like other continents outside Western Europe and North America, was poor and considered a least-hope region for breaking the poverty trap in post WWII. However, Asia has surprisingly become the most dynamically growing region in the world in the recent decades with extraordinary speed and scale. This book is an insightful study of the root causes and strategic policy framework of Asia's development success. It provides convincing analyses to show that other lower-income countries can learn useful lessons from Asia to achieve their aspiration for prosperity. The book is a must-read for all policy makers and students in the developing world and international development institutions.' --Justin Yifu Lin, Peking University, China and formerly Chief Economist and Senior Vice President of the World Bank'There are many studies that attempt to explain the rapid rise of the economies of East and South Asia. Only a few of these studies base their analysis on a systematic quantitative comparison of the sources of growth in East and South Asia and none do so with more rigor than this work by Professor Vu Minh Khuong. The study is a major contribution to our understanding of these important economies performance.' --Dwight Perkins, Harvard Kennedy School, US'The astonishing rise of Asia over the past decades is transforming the world economy and changing the balances in global politics. In this book, Professor Vu Minh Khuong provides an in-depth study of the drivers of growth in sixteen Asian economies based on solid empirical analyses. While successful growth relies heavily on investment, technology catch-up and openness to trade, Professor Vu emphasizes the decisive importance of enlightened leadership that creates a favourable environment for countries to prosper.' --Marcel Timmer, University of Groningen, The NetherlandsTable of ContentsContents: Foreword by Dale W. Jorgenson Preface 1. Introduction 2. Developing Asia in the Global Dynamics of Catching Up and Falling Behind 3. The Rise of Asia 4. Sources of Developing Asia’s Economic Growth: Insights from the Standard Growth Accounting Approach 5. Sustaining High Economic Growth in Developing Asia: Strategic Insights and a Catch-up Policy Framework References Index

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Book Synopsis

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Book Synopsis

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