International economics Books

Book Synopsis'This Handbook is a long-needed, comprehensive examination of fair trade's multifaceted and shifting coordinates by leading scholars from a wide range of disciplines. An invaluable resource for researchers and students alike.'- Daniel Jaffee, Portland State University'Raynolds and Bennett have done a major service with this excellent Handbook, providing a sweeping overview of the past quarter century of fair trade work and research. The book offers wide-ranging insights from top experts concerned with theory and practice, and careful attention to fair trade's gains and losses. It will be of great interest to practitioners, activists, and scholars, and bound to be a cornerstone for the next phase of fair trade work and research.'- Gavin Fridell, Saint Mary's University, CanadaFair trade critiques the historical inequalities inherent in international trade and seeks to promote social justice by creating alternative networks linking marginalized producers (typically in the global South) with progressive consumers (typically in the global North). This unique and wide-ranging Handbook analyzes key topics in fair trade, illuminating major theoretical and empirical issues, assessing existing research, evaluating central debates and identifying critical unanswered questions.The first of its kind, this volume brings together 43 of the foremost fair trade scholars from around the world and across the social sciences. The Handbook serves as both a comprehensive overview and in-depth guide to dominant perspectives and concerns. Chapters analyze the rapidly growing fair trade movement and market, exploring diverse initiatives and organizations, production and consumption regions, and food and cultural products.Written for those new to fair trade as well as those well versed in this domain, the Handbook is an invaluable resource for scholars and practitioners interested in global regulation, multi-stakeholder initiatives, social and environmental certification, ethical labeling, consumer activism and international development.Contributors: C.M. Bacon, G. Balineau, L. Becchetti, E.A. Bennett, V. Bezençon, K. Brown, S. Brown, S. Castriota, P. Conzo, E. Davenport, B. Doherty, C. Getz , M.K. Goodman, N. Greenfield, A. Herman, A. Hughes, B. Huybrechts, J. Keahey, R. Le Velly, A. Linton, M.A. Littrell, W. Low, S. Lyon, R. Makita, A.M. Martin, H. Maryanski, M. McConway, G. Moore, T. Mutersbaugh, V. Nelson, L.T. Raynolds, D. Reed, M-C. Renard, R.A. Rice, L. Riisgaard, C. Rosty, A.M. Smith, S. Smith, D. Stevis, S. Suranovic, A. Tallontire, P. Utting, B.R. WilsonTrade Review'Fairtrade is at a cross roads. It faces the challenges of managing successful rapid expansion in scale and scope, and tensions within the movement over whether its founding principles are compromised by mainstream commercial engagement. This handbook brings together an excellent set of critical contributions at the cutting edge of research on fair trade. They provide a wide range of perspectives and insights into different conceptual approaches and empirical case studies covering a variety of products, issues and regions. The handbook is vital reading for all academics, students and practitioners with an interest in fair trade and its future advance in a rapidly changing world.' --Stephanie Barrientos, University of Manchester, UK'This is an important contribution to building the research field of fair trade globally. The contributions significantly move a range of important debates forward and offer a state-of-the-art account of this most significant sector within ethical consumption' --Alex Nicholls, Said Business School and Harris Manchester College, University of Oxford, UK'Handbook of Research on Fair Trade is a critically important and highly recommended addition to governmental, NGO, and academic library International Economics reference collections and supplemental studies reading lists.' --The Midwest Book ReviewTable of ContentsContents: PART I INTRODUCTION: FAIRTRADE 1. Introduction to Research on Fair Trade Laura T. Raynolds and Elizabeth A. Bennett 2. Fair Trade: Movement and Markets Laura T. Raynolds and Nicholas Greenfield PART II THE FAIR TRADE MOVEMENT 3. The Meaning of Fair Trade Steven Suranovic 4. Corporate Accountability, Fair Trade and Multi-stakeholder Regulation Peter Utting 5. Fairtrade International Governance Elizabeth A. Bennett 6. Global Labor Politics and Fair Trade Dimitris Stevis 7. Fairtrade Certification, Conventions and Labor Lone Riisgaard 8. Connections in Fair Trade Food Networks Michael K. Goodman and Agatha Herman 9. Consumer Politics, Political Consumption and Fair Trade Keith Brown 10. Domestic Fair Trade in the United States Sandy Brown and Christy Getz 11. Fair Trade Places Alastair M. Smith PART III THE BUSINESS OF FAIR TRADE 12. Cooperatives, Corporations and Fair Trade Darryl Reed 13. Fair Trade and Social Enterprise Benjamin Huybrechts 14. Local Fair Trade Organizations and Institutional Logics Manush McConway and Geoff Moore 15. Fair Trade and Mainstreaming Ronan LeVelly 16. Fair Trade Certification, Performance and Practice Bradley R.Wilson and Tad Mutersbaugh 17. Retailers, Corporate Ethics and Fair Trade Alex Hughes 18. Fairtrade International and the European Market Bob Doherty, Valéry Bezençon and Gaëlle Balineau 19. The US Market and Fair Trade Certified April Linton and Claudia Rosty PART IV FAIR TRADE AND INTERNATIONAL DEVELOPMENT 20. Fair Trade, Peace and Development in Conflict Zones Eileen Davenport and William Low 21. Fair Trade and Development in African Agriculture Anne Tallontire 22. Fair Trade Coffee and Environmental Sustainability in Latin America Christopher M. Bacon, Robert A. Rice and Hannah Maryanski 23. Fair Trade and Women’s Empowerment Sally Smith 24. Fair Trade and Indigenous Communities in Latin America Sarah Lyon 25. Fair Trade and Racial Equity in Africa Jennifer Keahey 26. Fair Trade and Artisans Mary A. Littrell 27. Fair Trade for Small Farmer Cooperatives in Latin America Marie-Christine Renard 28. Fair trade and Plantation Workers in Asia Rie Makita 29. Fair Trade International’s Multi-dimensional Impacts in Africa Valerie Nelson and Adrienne Martin 30. Quantative Analysis of the Impacts of Fair Trade Leonardo Becchetti, Stefano Castriota and Pierluiga Conzo Index

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Book Synopsis'This Handbook is a long-needed, comprehensive examination of fair trade's multifaceted and shifting coordinates by leading scholars from a wide range of disciplines. An invaluable resource for researchers and students alike.'- Daniel Jaffee, Portland State University'Raynolds and Bennett have done a major service with this excellent Handbook, providing a sweeping overview of the past quarter century of fair trade work and research. The book offers wide-ranging insights from top experts concerned with theory and practice, and careful attention to fair trade's gains and losses. It will be of great interest to practitioners, activists, and scholars, and bound to be a cornerstone for the next phase of fair trade work and research.'- Gavin Fridell, Saint Mary's University, CanadaFair trade critiques the historical inequalities inherent in international trade and seeks to promote social justice by creating alternative networks linking marginalized producers (typically in the global South) with progressive consumers (typically in the global North). This unique and wide-ranging Handbook analyzes key topics in fair trade, illuminating major theoretical and empirical issues, assessing existing research, evaluating central debates and identifying critical unanswered questions.The first of its kind, this volume brings together 43 of the foremost fair trade scholars from around the world and across the social sciences. The Handbook serves as both a comprehensive overview and in-depth guide to dominant perspectives and concerns. Chapters analyze the rapidly growing fair trade movement and market, exploring diverse initiatives and organizations, production and consumption regions, and food and cultural products.Written for those new to fair trade as well as those well versed in this domain, the Handbook is an invaluable resource for scholars and practitioners interested in global regulation, multi-stakeholder initiatives, social and environmental certification, ethical labeling, consumer activism and international development.Contributors: C.M. Bacon, G. Balineau, L. Becchetti, E.A. Bennett, V. Bezençon, K. Brown, S. Brown, S. Castriota, P. Conzo, E. Davenport, B. Doherty, C. Getz , M.K. Goodman, N. Greenfield, A. Herman, A. Hughes, B. Huybrechts, J. Keahey, R. Le Velly, A. Linton, M.A. Littrell, W. Low, S. Lyon, R. Makita, A.M. Martin, H. Maryanski, M. McConway, G. Moore, T. Mutersbaugh, V. Nelson, L.T. Raynolds, D. Reed, M-C. Renard, R.A. Rice, L. Riisgaard, C. Rosty, A.M. Smith, S. Smith, D. Stevis, S. Suranovic, A. Tallontire, P. Utting, B.R. WilsonTrade Review'Fairtrade is at a cross roads. It faces the challenges of managing successful rapid expansion in scale and scope, and tensions within the movement over whether its founding principles are compromised by mainstream commercial engagement. This handbook brings together an excellent set of critical contributions at the cutting edge of research on fair trade. They provide a wide range of perspectives and insights into different conceptual approaches and empirical case studies covering a variety of products, issues and regions. The handbook is vital reading for all academics, students and practitioners with an interest in fair trade and its future advance in a rapidly changing world.' --Stephanie Barrientos, University of Manchester, UK'This is an important contribution to building the research field of fair trade globally. The contributions significantly move a range of important debates forward and offer a state-of-the-art account of this most significant sector within ethical consumption' --Alex Nicholls, Said Business School and Harris Manchester College, University of Oxford, UK'Handbook of Research on Fair Trade is a critically important and highly recommended addition to governmental, NGO, and academic library International Economics reference collections and supplemental studies reading lists.' --The Midwest Book ReviewTable of ContentsContents: PART I INTRODUCTION: FAIRTRADE 1. Introduction to Research on Fair Trade Laura T. Raynolds and Elizabeth A. Bennett 2. Fair Trade: Movement and Markets Laura T. Raynolds and Nicholas Greenfield PART II THE FAIR TRADE MOVEMENT 3. The Meaning of Fair Trade Steven Suranovic 4. Corporate Accountability, Fair Trade and Multi-stakeholder Regulation Peter Utting 5. Fairtrade International Governance Elizabeth A. Bennett 6. Global Labor Politics and Fair Trade Dimitris Stevis 7. Fairtrade Certification, Conventions and Labor Lone Riisgaard 8. Connections in Fair Trade Food Networks Michael K. Goodman and Agatha Herman 9. Consumer Politics, Political Consumption and Fair Trade Keith Brown 10. Domestic Fair Trade in the United States Sandy Brown and Christy Getz 11. Fair Trade Places Alastair M. Smith PART III THE BUSINESS OF FAIR TRADE 12. Cooperatives, Corporations and Fair Trade Darryl Reed 13. Fair Trade and Social Enterprise Benjamin Huybrechts 14. Local Fair Trade Organizations and Institutional Logics Manush McConway and Geoff Moore 15. Fair Trade and Mainstreaming Ronan LeVelly 16. Fair Trade Certification, Performance and Practice Bradley R.Wilson and Tad Mutersbaugh 17. Retailers, Corporate Ethics and Fair Trade Alex Hughes 18. Fairtrade International and the European Market Bob Doherty, Valéry Bezençon and Gaëlle Balineau 19. The US Market and Fair Trade Certified April Linton and Claudia Rosty PART IV FAIR TRADE AND INTERNATIONAL DEVELOPMENT 20. Fair Trade, Peace and Development in Conflict Zones Eileen Davenport and William Low 21. Fair Trade and Development in African Agriculture Anne Tallontire 22. Fair Trade Coffee and Environmental Sustainability in Latin America Christopher M. Bacon, Robert A. Rice and Hannah Maryanski 23. Fair Trade and Women’s Empowerment Sally Smith 24. Fair Trade and Indigenous Communities in Latin America Sarah Lyon 25. Fair Trade and Racial Equity in Africa Jennifer Keahey 26. Fair Trade and Artisans Mary A. Littrell 27. Fair Trade for Small Farmer Cooperatives in Latin America Marie-Christine Renard 28. Fair trade and Plantation Workers in Asia Rie Makita 29. Fair Trade International’s Multi-dimensional Impacts in Africa Valerie Nelson and Adrienne Martin 30. Quantative Analysis of the Impacts of Fair Trade Leonardo Becchetti, Stefano Castriota and Pierluiga Conzo Index

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Book SynopsisIn this book, outstanding political economists provide wide-ranging and accessible essays on the global monetary system and its interaction with dynamic and crisis-prone financial markets. The essays are filled with fresh and well-articulated insights. This timely survey of an increasingly important field deserves a prominent place on the syllabi of graduate and advanced undergraduate courses in international political economy, global governance, and international finance.'- Louis W. Pauly, University of Toronto, Canada'Here is an intellectual feast for anyone interested in the political economy of international monetary and financial systems, served up by an impressive collection of experts. Students and specialists alike can gorge themselves on the many fascinating analyses of core issues and latest debates in the field. Highly recommended for anyone with an appetite to learn more about global money and finance.'- Eric Helleiner, University of Waterloo, CanadaThis extensive Handbook provides an in-depth exploration of the political economy dynamics associated with the international monetary and financial systems. Leading experts offer a fresh take on research into the interaction between system structure, the self-interest of private firms, the political institutions within which governments make policy, and the ideas that influence beliefs about appropriate policy responses. Crucially they also assess how these factors have shaped the political economy of various facets of monetary and financial systems.Organized into four comprehensive sections, the Handbook begins with a focus on the international system and explores how the distribution of power in the system shapes its structure and dynamics. The next section then considers the politics of exchange rate regime choice before analyzing current research on financial crises and financial regulation. Key questions are asked, such as: what drives financial crises and why do some economies suffer banking and currency crises while others do not? How does politics shape the central characteristics of the IMF s approach to crisis management? And how does change in the distribution of power in the international system change the structure of the global monetary and financial systems? The Handbook addresses these concerns and concludes with an examination of international governance, including the IMF and institutional reform in the post-crisis eurozone.This detailed Handbook brings together original contributions from some of the leading authorities in the field, making it an invaluable resource to academics and students of international relations, governance, and political economy.Contributors: L.E. Armijo, D.H. Bearce, G. Bird, P.G. Cerny, M. Chang, H.-k. Chey, E.M.P. Chiu, S. Cooper, J. Echeverri-Gent, K.A. English, Y.H. Ferguson, J. Grittersová, M.J. Lee, R.W. Mansbach, B. Momani, T. Oatley, T.B. Pepinsky, D. Rowlands, H. Schwartz, W.T. Selmier II, A.C. Sobel, S. Walter, H. Wang, T.D. Willett, W.K. Winecoff, K. Young, E. YujuicoTrade Review‘In this book, outstanding political economists provide wide-ranging and accessible essays on the global monetary system and its interaction with dynamic and crisis-prone financial markets. The essays are filled with fresh and well-articulated insights. This timely survey of an increasingly important field deserves a prominent place on the syllabi of graduate and advanced undergraduate courses in international political economy, global governance, and international finance.’ -- Louis W. Pauly, University of Toronto, Canada‘Here is an intellectual feast for anyone interested in the political economy of international monetary and financial systems, served up by an impressive collection of experts. Students and specialists alike can gorge themselves on the many fascinating analyses of core issues and latest debates in the field. Highly recommended for anyone with an appetite to learn more about global money and finance.’ -- Eric Helleiner, University of Waterloo, CanadaTable of ContentsContents: 1. The Political Economy of the International Monetary and Financial Systems Thomas Oatley and W. Kindred Winecoff PART I: STRUCTURE, POWER, AND THE GLOBAL FINANCIAL SYSTEM 2. Financial Roots of Hegemony, Cooperation, and Globalization Andrew C. Sobel 3. Political Economy of Currency Internationalization Hyoung-kyu Chey 4. The Political Economy of the Contemporary Dollar Standard Thomas Oatley 5. Global Imbalances and the International Monetary System Herman Schwartz 6. The Triffin Dilemma, the Lucas Paradox, and Monetary Politics in the 21st Century W. Kindred Winecoff 7. The Renminbi-Dollar Relationship: Politics and Economics of a Diminishing Issue Yale H. Ferguson 8. Absolute or Relative Gains? How Status Quo and Emerging Powers Conceptualize Global Finance Leslie Elliott Armijo and John Echeverri-Gent PART II: THE POLITICAL ECONOMY OF EXCHANGE RATES Core Theoretical Perspectives 9. Private Actor Exchange Rate Policy Preferences Stephanie Walter 10. Domestic Institutions and Exchange Rates David H. Bearce Regional Exchange Rate Systems 11. Exchange Rates In Transition Economies Jana Grittersová 12. Currency Unions in the Developing World Scott Cooper 13. The Political Economy of Exchange Rates in East Asia Hongying Wang PART III: GLOBAL FINANCE: CRISES AND REGULATION 14. Financial Crises and the Politics of Adjustment and Reform Thomas B. Pepinsky 15. Fixed Exchange Rate Regimes and Financial Markets as Sources of Macroeconomic Discipline Thomas D. Willett, Eric M.P. Chiu and Stefanie Walter 16. The Politics of Global Financial Regulation Kevin Young 17. Why Club Goods Proliferated in Investment Finance W. Travis Selmier II 18. Rethinking Financial Regulation: Risk, Club Goods, and Regulatory Fatigue Philip G. Cerny 19. The Gnomes of Zurich Meet the Dogs of War: Financial Leadership and Regulation, 1850–2013 Michael Lee PART IV: INTERNATIONAL MONETARY INSTITUTIONS 20. Financial Governance in a Globalizing World Richard W. Mansbach 21. IMF Programs: Participation, Implementation, and Effects Graham Bird and Dane Rowlands 22. In Lieu of an Anchor: The Fund and its Surveillance Function Bessma Momani and Kevin A. English 23. The EU and the Euro Michele Chang 24. Our (Gracious?) Benefactors: US, Japan, China and East Asian Monetary Relations Emmanuel Yujuico Index

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Book SynopsisThis volume brings together a selection of recent articles by leading scholars on the economics of international trade and the environment. The collection incorporates key papers published between 2000 and 2013 that investigate the major themes in the field including the effects of globalization on environmental outcomes, the effects of environmental policy on international competitiveness, evidence on the pollution haven hypothesis, effects of trade on the sustainability of renewable resources, interaction between trade policy and environmental policy and trade and climate change. This insightful collection is an essential reference for students, researchers and policymakers.Trade Review'Wow, this book includes all of the best and most path-breaking original research on trade and the environment, all in one place. These authors have tackled some of the most difficult and vexing problems in economic policy analysis: does trade worsen the environment, by allowing wider exploitation? Or, can trade improve the environment, by allowing clean technology transfer? Is the abatement achieved by unilateral pollution control offset by increased pollution elsewhere? The conditions for each such outcome are carefully analyzed by the different papers in this book, as carefully selected by an editor who knows this field and has made major contributions to it.' -- Don Fullerton, University of Illinois, USTable of ContentsContents: Acknowledgements Introduction Brian R. Copeland PART I OVERVIEW 1. Brian R. Copeland and M. Scott Taylor (2004), ‘Trade, Growth and the Environment’ PART II EFFECTS OF TRADE ON POLLUTION 2. Werner Antweiler, Brian R. Copeland and M. Scott Taylor (2001), ‘Is Free Trade Good for the Environment’ 3. Matthew A. Cole and Robert J.R. Elliot (2003), ‘Determining the Trade-Environment Composition Effect: The Role of Capital, Labor and Environmental Regulations’ 4. Jeffrey A. Frankel and Andrew K. Rose (2005), ‘Is Trade Good or Bad for the Environment? Sorting out the Causality’ 5. Arik Levinson (2009), ‘Technology, International Trade, and Pollution from US Manufacturing’ 6. Lucas W. Davis and Matthew E. Kahn (2010), ‘International Trade in Used Vehicles: The Environmental Consequences of the NAFTA’ 7. Anca Cristea, David Hummels, Laura Puzzello and Misak Avetisyan (2013), ‘Trade and the Greenhouse Gas Emissions from International Freight Transport’ PART III EMPIRICAL EVIDENCE ON THE POLLUTION HAVEN EFFECT: NEW PLANT BIRTHS 8. Randy Becker and Vernon Henderson (2000), ‘Effects of Air Quality Regulations on Polluting Industries’ 9. John A. List, Daniel L. Millimet, Per G. Fredriksson and W. Warren McHone (2003), ‘Effects of Environmental Regulations on Manufacturing Plant Births: Evidence from a Propensity Score Matching Estimator’ PART IV EMPIRICAL EVIDENCE ON THE POLLUTION HAVEN EFFECT: INTERNATIONAL TRADE 10. Josh Ederington, Arik Levinson and Jenny Minier (2005), ‘Footloose and Pollution-Free’ 11. Arik Levinson and M. Scott Taylor (2008), ‘Unmasking the Pollution Haven Effect’ PART V EMPIRICAL EVIDENCE ON THE POLLUTION HAVEN EFFECT: FOREIGN DIRECT INVESTMENT 12. Wolfgang Keller and Arik Levinson (2002), ‘Pollution Abatement Costs and Foreign Direct Investment Inflows to U.S. States’ 13. Gunnar S. Eskeland and Ann E. Harrison (2003), ‘Moving to Greener Pastures? Multinationals and the Pollution Haven Hypothesis’ 14. Rema Hanna (2010), ‘US Environmental Regulation and FDI: Evidence from a Panel of US-Based Multinational Firms’ 15. Judith M. Dean, Mary E. Lovely and Hua Hwang (2009), ’Are Foreign Investors Attracted to Weak Environmental Regulations? Evaluating the Evidence from China’ 16. Ulrich J. Wagner and Christopher D. Timmins (2009),’Agglomeration Effects in Foreign Direct Investment and the Pollution Haven Hypothesis’ PART VI TRADE AND RENEWABLE RESOURCES 17. Erwin H. Bulte and Edward B. Barbier (2005), ‘Trade and Renewable Resources in a Second Best World: An Overview’ 18. Louis Hotte, Ngo Van Long and Huilan Tian (2000), ‘International Trade with Endogenous Enforcement of Property Rights’ 19. Brian R. Copeland and M. Scott Taylor (2009), ‘Trade, Tragedy and the Commons’ 20. M. Scott Taylor (2011), ‘Buffalo Hunt: International Trade and the Virtual Extinction of the North American Bison’ 21. Christopher Costello, Michael Springborn, Carol McAusland and Andrew Solow (2007), ‘Unintended Biological Invasions: Does Risk Vary by Trading Partner’ PART VII TRADE AND ENVIRONMENTAL POLICY 22. Josh Ederington and Jenny Minier (2003), ‘Is Environmental Policy a Secondary Trade Barrier? An Empircal Analysis’ 23. Josh Ederington (2001),’International Coordination of Trade and Domestic Policies’ 24. Kyle Bagwell and Robert W. Staiger (2001), ‘Domestic Policies, National Sovereignty, and International Economic Institutions’ 25. Ronald Fischer and Pablo Serra (2000), ‘Standards and Protection’ 26. Carol McAusland (2008), ‘Trade, Politics and the Environment: Tailpipe vs. Smokestack’ 27. Mary E. Lovely and David Popp (2011), ‘Trade, Technology, and the Environment: Does Access to Technology Promote Environmental Regulation?’ PART VIII TRADE, TRANSBOUNDARY, POLLUTION AND CLIMATE CHANGE 28. Mustafa H. Babiker and Thomas F. Rutherford (2005), ‘The Economic Effects of Border Measures in Subglobal Climate Agreements’ 29. Rachel Aichele and Gabriel Felbermayr (2012), ‘Kyoto and the Carbon Footprints of Nations’ 30. Brian R. Copeland and M. Scott Taylor (2005), ‘Free Trade and Global Warming: A Trade Theory View of the Kyoto Protocol’ 31. Nuno Limaõ (2005), ‘Trade Policy, Cross-Border Externalities and Lobbies: Do Linked Agreements Enforce More Cooperative Outcomes’ 32. Thomas Eichner and Rüdiger Pethig (2011), ‘Carbon Leakage, the Green Paradox and Perfect Futures Market’ 33. Bård Harstad (2012), ‘Buy Coal! A Case for Supply-Side Environmental Policy’

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Book SynopsisI have used the materials contained in this book extensively in a major trade-related capacity, building a technical training program for trade officials and business people in six countries in Southeast Asia to great effect. The book fills an important gap in the existing literature on the subject and links international economic policy to practical hands on international business management. It underlines the importance of understanding the increasingly complex nature of international markets and offers useful options for mitigating their risk.'- Wayne Robinson, Estey Centre for Law and Economics in International Trade, CanadaThis MBA textbook provides a guide to the international institutions, both public and private, that exist to regulate and facilitate international business. William Kerr and Nicholas Perdikis explain how international business decision making should take into account the ideas and institutions that make up the international commercial environment, such as why trade theories are important to business; the ways in which governments can restrict trade; the role of international trade rules in reducing risk; the threats that anti-dumping and countervail actions pose; the pros and cons of operating multilaterally; the role of trading houses and the advantages of using private sector institutions to settle international business disputes.Key features include:- Economic theory presented in a business-friendly style;- Major arguments in international trade theory outlined and critically assessed;- An explanation of the role and rules of international organizations, such as the WTO- Barriers to trade and how they can affect competitiveness;- An exploration of the organizational choices (e.g. direct exporting, becoming a multinational, joint ventures, etc.) open to those participating in international business; and- Discussion of the international private sector arrangements which ensure payment, facilitate the movement of products and resolve disputes.This book will be essential reading for senior executives needing to familiarize themselves with the international commercial environment. It will also be an excellent resource for executive and international MBAs, as well as upper level international business students.Contents: Introduction 1. Why Study the Global Business Environment? 2. International Trade and Economic Theory 3. The Great Debate - Free Trade Versus Protectionism 4. The Search for Orderly system for Trade 5. Regional Trade Associations 6. Institutions of the Multilateral Trading System 7. Orderly Markets 8. How Countries Restrict Trade 9. Control of the Use of Trade Barriers 10. 'Fair' Trade 11. National Firms and Transnational Firms 12. Private Firms and State Trading Agencies 13. Production Firms and Trading Houses 14. Financing International Transactions 15. Moving Products Between Countries 16. The Settlement of International Disputes 17. Facing the Future 18. Issues for the International Trading System Exercise Glossary IndexTrade Review‘This book is a tour de force of international commerce. It is a must read for both, high level students and practitioners interested in understanding all the risks and benefits of the global trade activity. The breath of coverage in the book of all the issues involved in the commercial activity, from the theoretical economic models to the institutional approach, with the explanation of the role and rules of the international organizations, provides a unique and coherent vision of the real life issues in the global business environment.’ -- Me. Luis Carlos Yllana Kopschina, Feevale University, Brazil‘I have used the materials contained in this book extensively in a major trade-related capacity, building a technical training program for trade officials and business people in six countries in Southeast Asia to great effect. The book fills an important gap in the existing literature on the subject and links international economic policy to practical hands on international business management. It underlines the importance of understanding the increasingly complex nature of international markets and offers useful options for mitigating their risk.’ -- Wayne Robinson, Estey Centre for Law and Economics in International Trade, CanadaTable of ContentsContents: Introduction 1. Why Study the Global Business Environment? 2. International Trade and Economic Theory 3. The Great Debate - Free Trade Versus Protectionism 4. The Search for Orderly system for Trade 5. Regional Trade Associations 6. Institutions of the Multilateral Trading System 7. Orderly Markets 8. How Countries Restrict Trade 9. Control of the Use of Trade Barriers 10. ‘Fair’ Trade 11. National Firms and Transnational Firms 12. Private Firms and State Trading Agencies 13. Production Firms and Trading Houses 14. Financing International Transactions 15. Moving Products Between Countries 16. The Settlement of International Disputes 17. Facing the Future 18. Issues for the International Trading System Exercise Glossary Index

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Book SynopsisI have used the materials contained in this book extensively in a major trade-related capacity, building a technical training program for trade officials and business people in six countries in Southeast Asia to great effect. The book fills an important gap in the existing literature on the subject and links international economic policy to practical hands on international business management. It underlines the importance of understanding the increasingly complex nature of international markets and offers useful options for mitigating their risk.'- Wayne Robinson, Estey Centre for Law and Economics in International Trade, CanadaThis MBA textbook provides a guide to the international institutions, both public and private, that exist to regulate and facilitate international business. William Kerr and Nicholas Perdikis explain how international business decision making should take into account the ideas and institutions that make up the international commercial environment, such as why trade theories are important to business; the ways in which governments can restrict trade; the role of international trade rules in reducing risk; the threats that anti-dumping and countervail actions pose; the pros and cons of operating multilaterally; the role of trading houses and the advantages of using private sector institutions to settle international business disputes.Key features include:- Economic theory presented in a business-friendly style;- Major arguments in international trade theory outlined and critically assessed;- An explanation of the role and rules of international organizations, such as the WTO- Barriers to trade and how they can affect competitiveness;- An exploration of the organizational choices (e.g. direct exporting, becoming a multinational, joint ventures, etc.) open to those participating in international business; and- Discussion of the international private sector arrangements which ensure payment, facilitate the movement of products and resolve disputes.This book will be essential reading for senior executives needing to familiarize themselves with the international commercial environment. It will also be an excellent resource for executive and international MBAs, as well as upper level international business students.Contents: Introduction 1. Why Study the Global Business Environment? 2. International Trade and Economic Theory 3. The Great Debate - Free Trade Versus Protectionism 4. The Search for Orderly system for Trade 5. Regional Trade Associations 6. Institutions of the Multilateral Trading System 7. Orderly Markets 8. How Countries Restrict Trade 9. Control of the Use of Trade Barriers 10. 'Fair' Trade 11. National Firms and Transnational Firms 12. Private Firms and State Trading Agencies 13. Production Firms and Trading Houses 14. Financing International Transactions 15. Moving Products Between Countries 16. The Settlement of International Disputes 17. Facing the Future 18. Issues for the International Trading System Exercise Glossary IndexTrade Review‘This book is a tour de force of international commerce. It is a must read for both, high level students and practitioners interested in understanding all the risks and benefits of the global trade activity. The breath of coverage in the book of all the issues involved in the commercial activity, from the theoretical economic models to the institutional approach, with the explanation of the role and rules of the international organizations, provides a unique and coherent vision of the real life issues in the global business environment.’ -- Me. Luis Carlos Yllana Kopschina, Feevale University, Brazil‘I have used the materials contained in this book extensively in a major trade-related capacity, building a technical training program for trade officials and business people in six countries in Southeast Asia to great effect. The book fills an important gap in the existing literature on the subject and links international economic policy to practical hands on international business management. It underlines the importance of understanding the increasingly complex nature of international markets and offers useful options for mitigating their risk.’ -- Wayne Robinson, Estey Centre for Law and Economics in International Trade, CanadaTable of ContentsContents: Introduction 1. Why Study the Global Business Environment? 2. International Trade and Economic Theory 3. The Great Debate - Free Trade Versus Protectionism 4. The Search for Orderly system for Trade 5. Regional Trade Associations 6. Institutions of the Multilateral Trading System 7. Orderly Markets 8. How Countries Restrict Trade 9. Control of the Use of Trade Barriers 10. ‘Fair’ Trade 11. National Firms and Transnational Firms 12. Private Firms and State Trading Agencies 13. Production Firms and Trading Houses 14. Financing International Transactions 15. Moving Products Between Countries 16. The Settlement of International Disputes 17. Facing the Future 18. Issues for the International Trading System Exercise Glossary Index

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Book SynopsisTransnational corporations (TNCs) have moved to the forefront of regulatory governance both within states and in the international arena. The Research Handbook on Transnational Corporations provides expert background commentary and up-to-date insights into regulatory frameworks impacting on TNCs at global, industry and national levels. Written by global experts in their field, this unique collection of essays provides in-depth understanding of how the forces of globalisation affect the world's largest corporations, and how those corporations, in turn, shape globalisation. Comprehensive yet highly accessible, this is the first major work on the reciprocal impact of TNCs on regulatory processes. The Research Handbook provides guidance on how best to understand the rapidly evolving relationship between TNCs and the processes of treaty making, the formation of global industry standards and the processes of national law making and policy formation (with a focus on resource taxation). Global, industry and national-level case studies are used to explain the basic principles used to support state, private, and international regulatory programs. Delivering both theoretical and practical insights into the regulation of TNCs, this timely and authoritative Research Handbook will be of particular interest to policy makers, industry practitioners and lawyers. Students and academics will also find it to be an invaluable resource.Contributors include: R. Anderson, M. Bowman, L. Catá Backer, A. Chou, A. De Jonge, G. Gilligan, D. Gleeson, M.A. Gonzalez-Perez, V. Harper Ho, J.A. Kirshner, D. Kraal, L. Leonard, R. Lopert, M.E. Monasterio, P. Neuwelt, J. O'Brien, A. Rühmkorf, R. Tomasic, M. WörsdörferTable of ContentsContents: Introduction: Understanding Transnational Corporations in the 21st Century Alice de Jonge and Roman Tomasic PART I THE GLOBAL CONTEXT 1. The Evolving Nature of the Transnational Corporation in the 21st Century Alice de Jonge 2. Theoretical Approaches to Global Regulation of Transnational Corporations Rachel J. Anderson 3. The Evolving Relationship between TNCs and Political Actors and Governments Larry Catá Backer 4. The UN Global Compact Maria Alejandra Gonzalez-Perez and Liam Leonard 5. The Equator Principles and the ‘Business and Human Rights Debate’: Hype or Hope? Manuel Wörsdörfer 6. Group Companies: Supply Chain Management, Theory and Regulation Jodie A. Kirshner 7. Global Sourcing through Foreign Subsidiaries and Suppliers: Challenges for Corporate Social Responsibility Andreas Rühmkorf PART II TNC BEHAVIOR AND STRATEGY IN THE 21ST CENTURY: INDUSTRY CASE STUDIES 8. How the Transnational Pharmaceutical Industry Pursues its Interests Through International Trade and Investment Agreements: A Case Study of the Trans Pacific Partnership Deborah Gleeson, Pat Neuwelt, Erik Monasterio and Ruth Lopert 9. A Case in Supply Chain and Business Sustainability: Samsung’s Management of Human Rights in Consumer Electronics Manufacturing Anna Chou PART III TNC BEHAVIOUR AND STRATEGY IN THE 21ST CENTURY: COUNTRY CASE STUDIES 10. China’s Investment Traditions and the Modern Transnational Corporation Megan Bowman, George Gilligan and Justin O’Brien 11. Capital Market Disclosure Regimes: Advancing Accountability for Chinese TNCs Virginia Harper Ho 12. Transnational Corporations and Mining Tax Reform: The Story of the Australian Mineral Resources Rent Tax Revolt Roman Tomasic 13. Risks and Fiscal Concerns in the Extraction of Natural Resources: A study of transnational corporations in Papua New Guinea Diane Kraal Index

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Book SynopsisThis extensive collection, skillfully edited by David Deese, provides a comprehensive overview of the politics of international trade in the contemporary era. Bringing together an unusually diverse group of scholars from multiple disciplines, approaches, and countries, the volume examines trade both on its own terms and in relation to a host of other topics, including human rights, the environment, the internet, and more. Essential reading for experts and students alike.'- David A. Lake, University of California, San Diego, US'Since the global financial crisis, policymakers and researchers need to revisit the fundamentals of global governance. The Handbook of the International Political Economy of Trade tightly edited by David Deese is an indispensable roadmap and guide to the rapidly evolving multilateral system of trade its institutions, processes, regulatory rules and trade politics. In particular students will find the diversity of perspectives and approaches of the contributors essential to grasp the dynamics of the world trading order being reshaped by regional trade agreements, the rise of emerging market economies, global value chains and new trade strategies. The Handbook is packed with information, analytical insight and case studies from an international political economy perspective. It makes for essential reading about the interface between trade, global governance and domestic politics.'- Daniel Drache, Robarts Centre for Canadian Studies, York University, Toronto, Canada'The less the World Trade Organization can deliver, the more national governments engage in bilateral and regional trade agreement, and thus encompassing negotiations of trade deals have become prominent in the last couple of years. Trade policies today are not so much about tariffs any longer than they are about market access, intellectual property rights, foreign direct investment rules, and regulatory practices. This volume, edited by David Deese, is timely, and covers exactly such relevant areas of trade policy. Students and practitioners alike will benefit from the deep analytical insights.'- Kurt Huebner, Jean Monnet Chair for European Integration and Global Political Economy, The University of British Columbia, CanadaIntegrating work from the fields of political science, economics, law and policy the Handbook of The International Political Economy of Trade is a fresh perspective on the fundamental political causes and consequences of trade.Under the guidance of David Deese, a prestigious group of international authors address the most important and promising research questions underlying international trade policy today including:- Trade as an 'Engine' of integration, growth or inequality?- Domestic politics, development strategy and democracy- Regions and regionalism in the lead- The global governance of trade: who's accountable and who governs?- Trade as globalization- The future of tradeThis accessible, comprehensive and pertinent Handbook will be of interest to academics, researchers and students working in the fields of international politics, in particular political economy and foreign policy, and the economics of trade. Practitioners working in civil society trade organizations, government agencies, and intergovernmental organizations will also find much of interest.Contributors: S.A. Aaronson, M. Abdollahian, A. Afilalo, G. Anderson, C. Bliss, D.A. Deese, D. Elms, M.D. Froese, M. Garcia, K.J. Hancock, R.R. Hendrickson, B. Hoekman, W. Liang, M.A. Madeira, R. Maxim, C. May, E. Mitbrodt, A. Nölke, E. Postnikov, J.M. Rothgeb, Jr., E. Smythe, A. Tomashevskiy, J.P. Trachtman, S. Trommer, G. Villalta Puig, Z. Yang, L. ZarskyTrade Review‘This extensive collection, skillfully edited by David Deese, provides a comprehensive overview of the politics of international trade in the contemporary era. Bringing together an unusually diverse group of scholars from multiple disciplines, approaches, and countries, the volume examines trade both on its own terms and in relation to a host of other topics, including human rights, the environment, the internet, and more. Essential reading for experts and students alike.’ -- David A. Lake, University of California, San Diego, US‘Since the global financial crisis, policymakers and researchers need to revisit the fundamentals of global governance. The Handbook of the International Political Economy of Trade tightly edited by David Deese is an indispensable roadmap and guide to the rapidly evolving multilateral system of trade – its institutions, processes, regulatory rules and trade politics. In particular students will find the diversity of perspectives and approaches of the contributors essential to grasp the dynamics of the world trading order being reshaped by regional trade agreements, the rise of emerging market economies, global value chains and new trade strategies. The Handbook is packed with information, analytical insight and case studies from an international political economy perspective. It makes for essential reading about the interface between trade, global governance and domestic politics.’ -- Daniel Drache, Robarts Centre for Canadian Studies, York University, Toronto, Canada'The less the World Trade Organization can deliver, the more national governments engage in bilateral and regional trade agreement, and thus encompassing negotiations of trade deals have become prominent in the last couple of years. Trade policies today are not so much about tariffs any longer than they are about market access, intellectual property rights, foreign direct investment rules, and regulatory practices. This volume, edited by David Deese, is timely, and covers exactly such relevant areas of trade policy. Students and practitioners alike will benefit from the deep analytical insights.' -- Kurt Huebner, Jean Monnet Chair for European Integration and Global Political Economy, The University of British Columbia, CanadaTable of Contents1. Introduction: Politics, Trade and the International Political Economy David A. Deese PART I: TRADE AS AN “ENGINE” OF INTEGRATION, GROWTH, OR INEQUALITY? 2. Commerce as Communication: Montesquieu’s View Randal R. Hendrickson 3. Trade, Development, and Inequality Christopher Bliss 4. Trade Networks, Regional Agreements, and Growth Zining Yang and Mark Abdollahian PART II: DOMESTIC POLITICS, DEVELOPMENT STRATEGY AND DEMOCRACY 5. The New Politics of the New Trade: The Political Economy of Intra-Industry Trade Mary Anne Madeira 6. From “Investor Rights” to “Sustainable Development”? Challenges and Innovations in International Investment Rules Lyuba Zarsky 7. Developing Countries and Temporary Trade Barriers John M. Rothgeb, Jr 8. Agricultural Trade and Economic Development: Contradictions and Incongruities between Law and Policy Gonzalo Villalta Puig and Erik Mitbrodt 9. Democracy and Trade: Which Leads and How? Andrey Tomashevskiy PART III: REGIONS AND REGIONALISM IN THE LEAD 10. Regionalism’s Past, Present, and Future Greg Anderson 11. Governing Trade: Regional Leadership in the Asia Pacific Deborah Elms 12. African Regionalism: The Complex Role of Regional Trade Kathleen J. Hancock 13. Multilateral Institutions and African Economic Integration Bernard Hoekman 14. The EU, China and Trade in ‘Green’ Technologies: Cooperation and Conflict Maria Garcia PART IV: The Global Governance of Trade: Whose Accountable and Who Governs? 15. Trade Policy Review and Dispute Settlement at the WTO Marc D. Froese 16. Looking Back, Looking Forward: Multilateral and Regional Trade Governance Wei Liang 17. Rotating Checks and Balances in International Economic Law Ari Afilalo PART V: Trade as Globalization 18. Using Ideas Strategically: Non-State Actors and the Politics of Trade Silke Trommer 19. Capitalism in Large Emerging Economies and the New Global Trade Order Christian May and Andreas Nölke 20. Food is Different: Globalization, Trade Regimes and Local Food Movements Elizabeth Smythe 21. The Political Economy of International Migration Law Joel P. Trachtman PART VI: THE FUTURE OF TRADE 22. The Design of Social Standards in EU and US Preferential Trade Agreements Evgeny Postnikov 23. Trade and the Internet: Policies in the US, EU, and Canada Susan Ariel Aaronson and Rob Maxim Index

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Book SynopsisWhat is the link between the financial cycle -financial booms, followed by busts - and the real economy? What is the direction of this link and how salient is this connection? This unique book examines these fundamental questions and offers a paramount contribution to the debate surrounding the recent financial and economic crisis.With contributions from eminent academics and policy makers, this multi-disciplinary collection ascertains the policy challenges perpetuated by financial cycles in the real economy. Prominent macroeconomic models are challenged as experts question the nexus between financial deepening and growth, and assess the contribution of real estate bubbles to financial crises. Focusing on Europe, and in particular on Central, Eastern and South-Eastern Europe, the collection provides country-specific accounts, suggesting policy initiatives for dealing with financial cycles. The book concludes that financial cycles are leading indicators for financial crises and calls for economists to integrate financial factors into macroeconomic modeling.The multi-faceted nature of this book will be invaluable to researchers and students interested in the post financial crisis debate. Policy makers and practitioners will find the expert insight into lessons learned in Europe in the wake of the financial crisis and the proposal for dynamic policy initiatives to be invaluable.Contributors: J. Asmussen, M. Belka, D. Bernhofer, C. Borio, C.M. Buch, G. M. Caporale, K. D'Hulster, M. Dumi i , O. Fernández-Amador, M. Gächter, U. Herman, O. Holtemöller, B. Jazbec, M. Lozej, D. Mihaljek, B. Mijailovi , E. Nowotny, E. Ortega, J. Peñalosa, C. Rault, F. Sindermann, V. o i , A. Sova, R. Sova, A. Subelyte, J.W. van den End, P. van den Noord, A. Winkler, E. Zamrazilová, V. árekTable of ContentsContents: Preface PART I: FRAMING THE DISCUSSION ON THE FINANCE-GROWTH NEXUS 1. Towards a European Perspective on Financial Integration Ewald Nowotny 2. The Financial Ccycle and Macroeconomics: What Have We Learned and What are the Policy Implications? Claudio Borio 3. Do We Need New Modelling Approaches in Macroeconomics? Claudia M. Buch and Oliver Holtemöller 4. Economic Convergence Across Central, Eastern and South-Eastern Europe: Achievements and Challenges Jörg Asmussen PART II: CREDIT CYCLES, CENTRAL BANK POLICY AND THE REAL ECONOMY IN CESEE 5. Capital Flows as a Source of Funding in a Catching-up Economy: Lessons from the Crisis, Challenges for the Future Marek Belka 6. Synchronisation and Decoupling of Cycles in Slovenia Boštjan Jazbec, Uroš Herman and Matija Lozej 7. Credit Cycles and Central Bank Policy in Croatia: Lessons from the 2000s Mirna Dumičić and Vedran Šošić 8. Two Czech Crises Revisited: Panta Rhei Eva Zamrazilová and Václav Žďárek PART III: REAL ESTATE BUBBLES AND THE FINANCIAL CRISIS 9. Do We Understand What Drives House Prices? Dubravko Mihaljek and Agne Subelyte 10. The Real Estate Sector and the Financial Crisis: the Spanish Experience Eloísa Ortega and Juan Peñalosa 11. Housing Bubbles: What are their Causes and Can We Get Rid of Them? Paul van den Noord PART IV: THE FINANCE-GROWTH NEXUS: IMPLICATIONS FOR CESEE 12. Finance, Growth and Crisis – a European Perspective Adalbert Winkler 13. The Finance-growth Nexus: Evidence from Ten New EU Members Guglielmo Maria Caporale, Christophe Rault, Anamaria Sova and Robert Sova 14. Finance, Potential Output and the Business Cycle Dominik Bernhofer, Octavio Fernández-Amador, Martin Gächter and Friedrich Sindermann PART V: THE POLICY RESPONSE IN EUROPE: HOW TO DEAL WITH THE FINANCIAL CYCLE 15. Building Resilient Financial Systems in the CESEE Region Katia D'Hulster 16. How to Deal with the Financial Cycle – the Case of Serbia Bojana Mijailović 17. Financial Cycles and Macro-prudential Policy Jan Willem van den End Index

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Book SynopsisThe defence sector is a critical industry that is currently undergoing a phase of momentous transformation. Over the last twenty years, market liberalization, the growing instability of geo-political scenarios and rapid technological change have completely reshaped the structural features of this industry. Taking as a starting point the Norwegian case, Fulvio Castellacci and Arne Fevolden provide a very acute analysis of the main trends of evolution of the European defence industry. Their study makes good use of the latest insights emerging from the economics of innovation, international trade and industrial dynamics literature. One of the most innovative features of Castellacci and Fevolden's approach is the construction of an industry-tailored agent based simulation model that permits the systematic exploration of different policy scenarios. Because of its broad scope and its original approach, this book is going to represent fundamental reading for all economists and political scientists interested in the defence industry for a long time to come.'- Alessandro Nuvolari, Sant Anna School of Advanced Studies, ItalyTraditionally, the EU defence sector has been fragmented into several weakly integrated and highly protected domestic markets which often leads to the duplication of innovative efforts, rising production costs and an overall lack of competitiveness. This book investigates the ongoing liberalization of the European defence market and explores how companies can respond to these changes by adjusting their innovation and internationalization strategies.Using a variety of methods including case studies, econometric analyses and agent-based modelling, the authors reveal that liberalization will provide new and relevant opportunities for European defence companies. However, any potential benefits will only be realized if private firms perceive that a full and well-coordinated implementation process is in place. As a whole, the book provides an original assessment of innovation policy in the context of EU defence and security market liberalization.In addition to those studying innovation, European and security studies, this unique book is an indispensible reference for practitioners and policy makers dealing with EU defence and security market liberalization.Trade Review‘The defence sector is a critical industry that is currently undergoing a phase of momentous transformation. Over the last twenty years, market liberalization, the growing instability of geo-political scenarios and rapid technological change have completely reshaped the structural features of this industry. Taking as a starting point the Norwegian case, Fulvio Castellacci and Arne Fevolden provide a very acute analysis of the main trends of evolution of the European defence industry. Their study makes good use of the latest insights emerging from the economics of innovation, international trade and industrial dynamics literature. One of the most innovative features of Castellacci and Fevolden’s approach is the construction of an industry-tailored agent based simulation model that permits the systematic exploration of different policy scenarios. Because of its broad scope and its original approach, this book is going to represent fundamental reading for all economists and political scientists interested in the defence industry for a long time to come.’ -- Alessandro Nuvolari, Sant’Anna School of Advanced Studies, ItalyTable of ContentsContents: 1. Introduction 2. The Defence Sector and Industrial Policies: Background, Stylized Facts and the Liberalization Scenario 3. What Explains the Export Performance of Firms in the Defence Industry? 4. Defence Companies’ Response to EU Liberalization: A Comparative Study 5. A Simulation Model of the European Defence Industry 6. Policy Scenario Analysis: Small Countries in a European Perspective 7. Conclusions and Policy Implications Index

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Book SynopsisThe growth of financial markets has clearly outpaced the development of financial market regulations. With growing complexity in the world of finance, and the resultant higher frequency of financial crises, all eyes have shifted toward the current inadequacy of financial regulation.This book expertly examines what this episode means for Asia's financial sector and its stability, and what the implications will be for the region's financial regulation. By focusing on legal and institutional frameworks, the book also elaborates on various issues and challenges in terms of how financial liberalization can maximize the benefits and minimize the risks of crisis.The book will appeal to academics, students, and policymakers across a diverse range of fields including: international finance and trade, economics, Asian studies, development, and development economics.Trade Review‘Policymakers and academics, especially those interested in understanding the complexity of Asian economies, may ?nd this book very useful as a starting point in their studies.’ -- Asian-Pacific Economic LiteratureTable of ContentsContents: PART I INTRODUCTION 1. Overview and Summary Iwan J. Azis and Hyun Song Shin PART II MACRO PRUDENTIAL SUPERVISORY SYSTEM AND DEVELOPMENT IMPACT 2. Monetary Aggregates and Procyclicality of the Financial System: An Asian Perspective Joon-Ho Hahm, Hyun Song Shin and Kwanho Shin 3. Non-Core Bank Liabilities and Vulnerability to Crisis: Implications for Asia Joon-Ho Hahm, Hyun Song Shin and Kwanho Shin 4. Monetary Aggregates and Global Liquidity: Evidence from Individual Firm Data from Asia Hyun Song Shin and Laura Yi Zhao 5. Economy-Wide Vulnerability in Asia: Flow-of-Fund Analysis Iwan J. Azis and Damaris Yarcia PART III ISSUES AND CHALLENGES ON LEGAL AND INSTITUTIONAL FRAMEWORK FOR EMERGING ASIA 6. Addressing Systemic Risk in East Asia: Financial Regulatory Design Rolf H. Weber, Douglas W. Arner, Evan C. Gibson and Simone Baumann 7. Financial Innovation and Development in East Asia: Balancing Risks and Opportunities Ross P. Buckley, Douglas W. Arner and Michael Panton 8. Implications of Global Financial and Regulatory Policies on Systemic Risk in Asia Fariborz Moshirian PART IV FINANCIAL INTEGRATION AND COOPERATION TO SUPPORT FINANCIAL STABILITY 9. Equity Home Bias, Financial Integration, and Regulatory Reforms: Implications for Emerging Asia Cyn-Young Park and Rogelio V. Mercado, Jr. 10. Regional Financial Arrangements: Lessons from the Eurozone Crisis for East Asia Emilios Avgouleas, Douglas W. Arner and Uzma Ashraf 11. The Role of Deposit Insurance in Financial Stability: Issues and Options in ASEAN + 3 A. Michael Andrews 12. Effective Resolution Regimes for Financial Institutions in ASEAN + 3 A. Michael Andrews 13. Capital Structure and the Issuance of Corporate Bonds in Emerging Asia Paul Mizen, Frank Packer, Eli Remolona and Serafeim Tsoukas PART V FINANCIAL SUPERVISION AND DEVELOPMENT CHALLENGES IN ASIA 14. Financial Monitoring in the New ASEAN-5 Countries Se Hee Lim and Noel Reyes 15. Financial Inclusion and Regulatory Implications Qifeng Zhang and Josephine Valle-Sison 16. Innovative Financing Modalities for SMEs and the Regulatory Implications Shigehiro Shinozaki 17. Global Financial Regulatory Trends and Challenges for the Development of the Insurance and Pensions Sector in the Asia-Pacific Region Arup Chatterjee 18. Impact of the Global Financial Crisis on Trade Finance in Asia and Cooperation that Reduced the Impact Steven Beck Index

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Book SynopsisThis Research Handbook explores the latest frontiers in services trade by drawing on insights from empirical economics, law and global political economy. The world's foremost experts take stock of the learning done to date in services trade, explore policy questions bedeviling analysts and direct attention to a host of issues, old and new, confronting those interested in the service economy and its rising salience in cross-border exchange. The Research Handbook's 22 chapters shed analytical light on a subject matter whose substantive remit continues to be shaped by rapid evolutions in technology, data gathering, market structures, consumer preferences, approaches to regulation and ongoing shifts in the frontier between the market and the state. Expert contributors explore the subject through a multidisciplinary lens, offering a comprehensive overview of lessons learned over two decades of GATS jurisprudence. The book further chronicles the rising stakes and involvement of developing countries in global services trade, notably their growing insertion in global value chains, as well as the latest advances and remaining challenges in the statistical measurement of trade in services.Academics and experts in the policy research community will find value in this book, as will officials in governmental and international organization circles as well as representatives of service sector industry associations.Contributors include: A. Berry, T. Bohn, T. Broude, M. Burri, R. Chanda, P. Delimatsis, G. Gari, B. Hoekman, G.C. Hufbauer, M. Krajewski, R. Lanz, E. Leroux, J. Magdeleine, A. Maurer, P. Mavroidis, M. Mayakeshi, S. Miroudot, M. Molinuevo, S. Moses, N. Mulder, M. Roy, S. Saez, P. Sauvé, B. Shepherd, A. Shingal, S. Stephenson, D. Taglioni, L. Tuthill, E. van de Marel, C. Van Grasstek, N. Ward, J. WilsonTrade Review'The Research Handbook on Trade in Services is the most comprehensive study to date on one of the most relevant, albeit least explored areas in the field of international trade policy. By adopting a multi-disciplinary approach that brings together the economic, legal and political economy perspectives of renowned experts, Pierre Sauvé and Martin Roy have made a significant contribution to better understanding trade in services. Trade policy-makers, practitioners and scholars will find solid evidence in this book to inform bold and comprehensive reforms to fully exploit the potential of the services economy.' --Anabel Gonzalez, World Bank Group Global Practice on Trade and CompetitivenessTable of ContentsContents: Introduction and Overview Pierre Sauvé and Martin Roy PART I EMPIRICAL PERSPECTIVES 1. Charting the evolving landscape of services trade policies: Recent patterns of protection and liberalization Martin Roy 2. Measuring trade in services in a world of global value chains Andreas Maurer, Joscelyn Magdeleine and Rainer Lanz 3. Trade costs and global value chains in services Sébastien Miroudot and Ben Shepherd 4. Ricardo does services: Service sector regulation and comparative advantage in goods Erik van der Marel 5. Going beyond the 0/1 dummy: Estimating the effect of heterogeneous provisions in services agreements on services trade Anirudh Shingal 6. Nurturing the competitiveness of services exports: Metrics and policy options Sebastian Sáez and Daria Taglioni 7. Services trade and regulatory reform: A methodology for developing countries Martin Molinuevo and Sebastián Sáez PART II LEGAL PERSPECTIVES 8. Twenty years of GATS case law: Does it taste like a good wine? Eric H. Leroux 9. Domestic regulation and services trade: Lessons from regional and bilateral free trade agreements Markus Krajewski 10. A technical barriers to trade agreement for services? Bernard M. Hoekman and Petros C. Mavroidis 11. Standard-setting in services: New frontiers in rule-making and the role of the EU Panagiotis Delimatsis 12. Services and state-owned enterprises Sherry Stephenson and Gary C. Hufbauer 13. Designing future-oriented multilateral rules for digital trade Mira Burri 14. Cross-border data flows: What role for trade rules? L. Lee Tuthill PART III POLITICAL ECONOMY AND DEVELOPMENT PERSPECTIVES 15. The behavioural dynamics of positive and negative listing in services trade liberalization: A look at the Trade in Services Agreement (TiSA) negotiations Tomer Broude and Shai Moses 16. Demographics and labour markets: Implications for mode 4 trade Rupa Chanda 17. The changing landscape of global trade in business services and value chains: Are emerging economies taking over? Andrew Berry, Timon Bohn and Nanno Mulder 18. Opening services markets in developing countries: What role for competition law? Joseph Wilson 19. The services trade agreements of developing countries Craig VanGrasstek and Mina Mashayekhi 20. A trade in services waiver for least developed countries: Towards workable proposals Pierre Sauvé and Natasha Ward 21. Services negotiations: Where have we been and where are we heading? Gabriel Gari Index

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Book SynopsisThis unique compilation of essays addresses a core political economy question: how do market forces and trade regulation interact? Its fresh Asian perspective offers a much-needed contribution to our understanding of how treaty-based regional and bilateral economic integration is driven by the Factory Asia phenomenon. The authors also compellingly show where the World Trade Organization could fit in. An informative read for scholars and experts alike.'- Manfred Elsig, University of Bern, SwitzerlandThe global financial crisis exposed great shortcomings in the global economic architecture, generating extensive international debate about possible remedies for these deficiencies. The postwar global architecture was guided by major developed economies, centered around the IMF, the GATT, and the World Bank. Today, the balance of economic power is shifting toward emerging economies. Global governance and economic policy must reflect this shift. With contributions from prominent Asian and international trade experts, this book critically examines key changes occurring in the world trading system and explores policy implications for Asia.The world trading system, led by the World Trade Organization (WTO), is under pressure to evolve and address 21st-century trade issues. Meanwhile, economically salient Asia has built deep supply chains over decades, whilst experimenting with mega-regional trade agreements and economic policies to sustain growth amid a fragile economy. The Asian-led Regional Comprehensive Economic Partnership (RCEP) and the United States-led Trans-Pacific Strategic Economic Partnership (TPP) are competing to set standards for Asia's trade and supply chains. Lessons from the Asian experience offer new approaches and economic policies to sustain growth, presenting the WTO as a forum for action to improve global and regional trade governance in the 21st century.Policy makers will benefit from the expert knowledge and policy lessons presented in this book, and development economists and researchers will profit from its critical examination of the world trading system. Undergraduate and postgraduate students interested in development, development economics, international development, and related fields will find this essential supplementary reading.Contributors: R. Baldwin, S.Y. Chia, B. Dhar, S.J. Evenett, S. Inomata, M. Kawai, P. Low, M. Nakatomi, R. Pomfret, V. Pontines, J. Tijaja, S. Urata, R. Wang, G. Wignaraja, Y. ZhangTrade Review‘This unique compilation of essays addresses a core political economy question: how do market forces and trade regulation interact? Its fresh Asian perspective offers a much-needed contribution to our understanding of how treaty-based regional and bilateral economic integration is driven by the Factory Asia phenomenon. The authors also compellingly show where the World Trade Organization could fit in. An informative read for scholars and experts alike.’ -- Manfred Elsig, University of Bern, SwitzerlandTable of ContentsContents: Preface Foreword Pascal Lamy 1. Introduction and Overview Richard Baldwin, Masahiro Kawai and Ganeshan Wignaraja 2. WTO 2.0: Governance of Global Supply-Chain Trade Richard Baldwin 3. Trade in Value-added Cocept, Development, and an East Asian Perspective Satoshi Inomata 4. Joining the Supply Chain: A Firm-level Perspective Ganeshan Wignaraja 5. Effective Industrial Policies and Global Value Chains Patrick Low and Julia Tijaja 6. Mapping Crisis-era Protectionism in the Asia-Pacific Region Simon J. Evenett 7. Exchange Rate Policy and Regional Trade Agreements: A Case of Conflicted Interests? Victor Pontines and Richard Pomfret 8 Policy Challenges Posed by Asian Free Trade Agreements: A Review of the Evidence Masahiro Kawai and Ganeshan Wignaraja 9. Constructing and Multilateralizing the Regional Comprehensive Economic Partnership: an Asian Perspective Shujiro Urata 10. The ASEAN Economic Community: Progress, Challenges and Prospects Siow Yue Chia 11. The Future of the World Trade Organization Biswajit Dhar 12. Plurilateral Agreements: A Viable Alternative to the World Trade Organization? Michitaka Nakatomi 13. Role of Foreign Direct Investment Flows and a Possible Multilateral Agreement Yunling Zhang and Rongyan Wang Index

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Book SynopsisThis research review brings together the most influential theoretical and empirical contributions to the topic of trade and inequality from recent years. Segregating the subject into four key areas, it forms a comprehensive study of the subject, targeted at academic readers familiar with the main trade models and empirical methods used in economics. The first two parts cover empirical evidence on trade and inequality in developed and developing countries, while the third and fourth sections confront transition dynamics following trade liberalization and new theoretical contributions inspired by the previously-discussed empirical evidence, respectively.Presented with an extensive original introduction by the editor, Trade and Inequality will be an invaluable tool in the study of this field to advanced undergraduate students, graduate students and faculty alike.Table of ContentsContents: Acknowledgements Introduction Pinelopi K. Goldberg PART I EMPIRIRCAL STUDIES ON THE US AND DEVELOPED ECONOMIES 1. Adrian Wood (1995), ‘How Trade Hurt Unskilled Workers’ 2. Amit Khandelwal (2010), ‘The Long and Short (of) Quality Ladders’ 3. David H. Autor, David Dorn and Gordon H. Hanson (2013), ‘The China Syndrome: Local Labor Market Effects of Import Competition in the United States’ 4. Robert C. Feenstra and Gordon H. Hanson (1999), ‘The Impact of Outsourcing and High-Technology Capital on Wages: Estimates for the United States, 1979–1990’ 5. David Hummels, Rasmus Jørgensen, Jakob Munch and Chong Xiang (2014), ‘The Wage Effects of Offshoring: Evidence from Danish Matched Worker-Firm Data’ 6. Maarten Goos, Alan Manning and Anna Salomons (2014), ‘Explaining Job Polarization: Routine-Biased Technological Change and Offshoring’ PART II EMPIRICAL STUDIES ON DEVELOPING COUNTRIES 7. Orazio Attanasio, Pinelopi K. Goldberg and Nina Pavcnik (2004), ‘Trade Reforms and Wage Inequality in Colombia’ 8. Guido G. Porto (2006), ‘Using Survey Data to Assess the Distributional Effects of Trade Policy’ 9. Pinelopi Koujianou Goldberg and Nina Pavcnik (2005), ‘Trade, Wages, and the Political Economy of Trade Protection: Evidence from the Colombian Trade Reforms’ 10. Petia Topalova (2010), ‘Factor Immobility and Regional Impacts of Trade Liberalization: Evidence on Poverty from India’ 11. Brian K. Kovak (2013), ‘Regional Effects of Trade Reform: What Is the Correct Measure of Liberalization?’ 12. Pinelopi Koujianou Goldberg and Nina Pavcnik (2003), ‘The Response of the Informal Sector to Trade Liberalization’ 13. Eric A. Verhoogen (2008), ‘Trade, Quality Upgrading and Wage Inequality in the Mexican Manufacturing Sector’ 14. Irene Brambilla, Daniel Lederman and Guido Porto (2012), ‘Exports, Export Destinations, and Skills’ 15. Brian McCaig (2011), ‘Exporting Out of Poverty: Provincial Poverty in Vietnam and U.S. Market Access’ PART III TRADE REFORMS AND LABOUR MARKET DYNAMICS 16. Erhan Artuç, Shubham Chaudhuri and John McLaren (2010), ‘Trade Shocks and Labor Adjustment: A Structural Empirical Approach’ 17. Rafael Dix-Carneiro (2014), ‘Trade Liberalization and Labor Market Dynamics’ 18. Gueorgui Kambourov (2009), ‘Labour Market Regulations and the Sectoral Reallocation of Workers: The Case of Trade Reforms’ PART IV THEORETICAL ADVANCES 19. Arnaud Costinot and Jonathan Vogel (2010), ‘Matching and Inequality in the World Economy’ 20. Elhanan Helpman, Oleg Itskhoki, Stephen Redding (2010), ‘Inequality and Unemployment in a Global Economy’ 21. Pol Antràs, Luis Garicano and Esteban Rossi-Hansberg (2006), ‘Offshoring in a Knowledge Economy’ 22. Arnaud Costinot, Jonathan Vogel and Su Wang (2012), ‘Global Supply Chains and Wage Inequality’ Index

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Book SynopsisThis comprehensive research review discusses seminal contributions that have increased our understanding of trade in Asia. Early debates centered on the advantages and disadvantages of joining the global economy as exporters to the high-income countries, while trade within Asia was of minor importance. Increasingly, however, trade spilled across Asian borders, and as production chains became more complex attention has shifted towards the organization of international trade within Asia and specifically the operation of global or regional value chains. The review examines the wider literature and will serve as a valuable resource for researchers, students and practitioners.Table of ContentsContents: Acknowledgements Introduction Richard Pomfret PART I FLYING GEESE AND NIES 1. Kaname Akamatsu (1961), ‘A Theory of Unbalanced Growth in the World Economy’, Review of World Economics, 86 (3), 196–217 2. Kiyoshi Kojima (2000), ‘The “Flying Geese” Model of Asian Economic Development: Origin, Theoretical Extensions, and Regional Policy Implications’, Journal of Asian Economics, 11 (4), Autumn, 375–401 3. James Riedel (1988), ‘Economic Development in East Asia: Doing What Comes Naturally?’, in Helen Hughes (ed.), Achieving Industrialization in East Asia, Chapter 1, Cambridge, UK and New York, NY: Cambridge University Press, 1–38, references PART II THE SECOND GENERATION 4. William R. Cline (1982), ‘Can the East Asian Model of Development be Generalized?’, World Development, 10 (2), February, 81–90 5. Gustav Ranis (1985), ‘Can the East Asian Model of Development Be Generalized? A Comment’, World Development, 13 (4), April, 543–5 6. World Bank (1993), ‘Overview: The Making of a Miracle’, in The East Asian Miracle: Economic Growth and Public Policy, New York, NY: Published for the World Bank by Oxford University Press, 1–26, references PART III THE BENEFITS OF OPENNESS 7. Mary Amiti and Jozef Konings (2007), ‘Trade Liberalization, Intermediate Inputs, and Productivity: Evidence from Indonesia’, American Economic Review, 97 (5), December, 1611–38 8. Bee Yan Aw, Sukkyun Chung and Mark J. Roberts (2000), ‘Productivity and Turnover in the Export Market: Micro-Level Evidence from the Republic of Korea and Taiwan (China)’, World Bank Economic Review, 14 (1), January, 65–90 PART IV SUBCONTRACTING AND OTHER INSTITUTIONAL NOVELTIES 9. G.K. Helleiner (1973), ‘Manufactured Exports from Less-Developed Countries and Multinational Firms’, Economic Journal, 83 (329), March, 21–47 10. Gary Gereffi (1999), ‘International Trade and Industrial Upgrading in the Apparel Commodity Chain’, Journal of International Economics, 48 (1), June, 37–70 PART V SUBREGIONAL ZONES 11. Chia Siow Yue and Lee Tsao Yuan (1993), ‘Subregional Economic Zones: A New Motive Force in Asia-Pacific Development’, in C. Fred Bergsten and Marcus Noland (eds), Pacific Dynamism and the International Economic System, Chapter 7, Washington, DC: Institute for International Economics in association with The Pacific Trade and Development Conference Secretariat, 225–69 12. Richard Pomfret (1996), ‘Sub-regional Economic Zones’, in Bijit Bora and Christopher Findlay (eds), Regional Integration and the Asia-Pacific, Chapter 14, Oxford University Press: Melbourne, 207–22, references 13. Christopher M. Dent and Peter Richter (2011), ‘Sub-Regional Cooperation and Developmental Regionalism: The Case of BIMP-EAGA’, Contemporary Southeast Asia, 33 (1), April, 29–55 PART VI REGIONAL INTEGRATION 14. Peter A. Petri (1993), ‘The East Asian Trading Bloc: An Analytical History’, in Jeffrey A. Frankel and Miles Kahler (eds), Regionalism and Rivalry: Japan and the United States in Pacific Asia, Chapter 1, Chicago, IL and London, UK: University of Chicago Press, 21–52 15. Peter Drysdale, Andrew Elek and Hadi Soesastro (1998), ‘Open Regionalism: The Nature of Asia Pacific Integration’, in Peter Drysdale and David Vines (eds), Europe, East Asia and APEC: A Shared Global Agenda?, Chapter 5, Cambridge, UK and Melbourne, Australia: Cambridge University Press, 103–35 16. M. Kabir Hassan (2001), ‘Is SAARC a Viable Economic Block? Evidence from Gravity Model’, Journal of Asian Economics, 12 (2), Summer, 263–90 17. Jayant Menon (2007), ‘Bilateral Trade Agreements’, Asian-Pacific Economic Literature, 21 (2), November, 29–47 18. Richard Pomfret (2009), ‘Regionalism in the Asia-Pacific Region: How Wide, How Deep?’, Journal of the Korean Economy, 10 (3), December, 285–306 19. John Ravenhill (2009), ‘East Asian Regionalism: Much Ado about Nothing?’, Review of International Studies, 35, Supplement, February, 215–35 PART VII ASEAN 20. Mari Pangestu, Hadi Soesastro and Mubariq Ahmad (1992), ‘A New Look at Intra-ASEAN Economic Co-operation’, ASEAN Economic Bulletin, 8 (3), March, 333–52 21. Miriam Manchin and Annette O. Pelkmans-Balaoing (2008), ‘Clothes Without an Emperor: Analysis of the Preferential Tariffs in ASEAN’, Journal of Asian Economics, 19 (3), June, 213–23 22. Peter A. Petri, Michael G. Plummer and Fan Zhai (2012), ‘ASEAN Economic Community: A General Equilibrium Analysis’, Asian Economic Journal, 26 (2), 93–118 PART VIII RVCS AND GVCS 23. Guillaume Gaulier, Françoise Lemoine and Deniz Ünal-Kesenci (2007), ‘China’s Emergence and the Reorganisation of Trade Flows in Asia’, China Economic Review, 18 (3), 209–43 24. Prema-Chandra Athukorala (2008), ‘Singapore and ASEAN in the New Regional Division of Labor’, Singapore Economic Review, 53 (3), December, 479–508 25. Prema-Chandra Athukorala (2011), ‘Production Networks and Trade Patterns in East Asia: Regionalization or Globalization?’, Asian Economic Papers, 10 (1), Winter/Spring, 65–95 Index

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Book SynopsisThe global financial crisis and its aftermath saw boom-bust cycles in cross-border capital flows of astounding magnitude. Issues of capital account liberalization and the imposition of capital controls are back in the headlines, and on researchers' agendas. This comprehensive and timely research review covers many of the themes central to the issue of capital account liberalization, and provides a balanced assessment of the role that capital controls might play in the effective management of capital flows to reap their benefits. Table of ContentsContents: Acknowledgements Introduction Jonathan D. Ostry, Atish R. Ghosh and Mahvash S. Qureshi PART I CAPITAL ACCOUNT LIBERALIZATION: POTENTIAL GAINS 1. Herbert G. Grubel (1968), ‘Internationally Diversified Portfolios: Welfare Gains and Capital Flows’, American Economic Review, 58 (5), December, 1299–314 2. Alan C. Stockman and Alejandro Hernández D. (1988), ‘Exchange Controls, Capital Controls, and International Financial Markets’, American Economic Review, 78 (3), June, 362–74 3. Maurice Obstfeld (1995), ‘Risk-Taking, Global Diversification, and Growth’, American Economic Review, 84 (5), December, 1310–29 4. Vihang Errunza and Etienne Losq (1989), ‘Capital Flow Controls, International Asset Pricing, and Investors’ Welfare: A Multi-Country Framework’, Journal of Finance, 44 (4), September, 1025¬–37 5. Sebastian Edwards and Jonathan D. Ostry (1992), ‘Terms of Trade Disturbances, Real Exchange Rates, and Welfare: The Role of Capital Controls and Labor Market Distortions’, Oxford Economic Papers, 44 (1), January, 20¬–34 6. Harris Dellas and Oded Galor (1992), ‘Growth via External Public Debt and Capital Controls’, International Economic Review, 33 (2), May, 269–81 7. Dani Rodrik and Arvind Subramanian (2009), ‘Why Did Financial Globalization Disappoint?’, IMF Staff Papers, 56 (1), 112–38 8. Pierre-Olivier Gourinchas and Olivier Jeanne (2006), ‘The Elusive Gains from International Financial Integration’, Review of Economic Studies, 73 (3), 715¬–41 9. Dennis P. Quinn and A. Maria Toyoda (2008), ‘Does Capital Account Liberalization Lead to Economic Growth?’, Review of Financial Studies, 21 (3), May, 1403–49 10. Alessandra Bonfiglioli (2008), ‘Financial Integration, Productivity and Capital Accumulation’, Journal of International Economics, 76 (2), December, 337–55 11. Hali J. Edison, Ross Levine, Luca Ricci and Torsten Sløk (2002), ‘International Financial Integration and Economic Growth’, Journal of International Money and Finance, 21 (6), November, 749¬–76 12. Graciela Laura Kaminsky and Sergio L. Schmukler (2008), ‘Short-Run Pain, Long-Run Gain: Financial Liberalization and Stock Market Cycles’, Review of Finance, 12 (2), 253–92 13. M. Ayhan Kose, Eswar E. Prasad and Marco E. Terrones (2009), ‘Does Financial Globalization Promote Risk Sharing?’, Journal of Development Economics, 89 (2), July, 258–70 14. Ross Levine (2001), ‘International Financial Liberalization and Economic Growth’, Review of International Economics, 9 (4), 688–702 15. E. Borensztein, J. De Gregorio and J. Lee (1998), ‘How Does Foreign Direct Investment Affect Economic Growth’, Journal of International Economics, 115–35 16. Brian J. Aitken and Ann E. Harrison (1999), ‘Do Domestic Firms Benefit from Direct Foreign Investment? Evidence from Venezuela’, American Economic Review, 89 (3), June, 605–18 PART II SEQUENCING OF CAPITAL ACCOUNT LIBERALIZATION 17. Ronald I. McKinnon (1973), ‘The Transition: Exchange-Rate Flexibility and the Role of Foreign Capital’, in Money and Capital in Economic Development, Chapter 11, Washington, DC: Brookings Institution, 150–69 18. Dani Rodrik (1987), ‘Trade and Capital-Account Liberalization in a Keynesian Economy’, Journal of International Economics, 23 (1-2), 113–29 19. Sebastian Edwards and Sweder van Wijnbergen (1986), ‘The Welfare Effects of Trade and Capital Market Liberalization’, International Economic Review, 27 (1), February, 141–8 20. Rod Falvey and Cha Dong Kim (1992), ‘Timing and Sequencing Issues in Trade Liberalisation’, Economic Journal, 102 (413), July, 908¬–24 21. Guillermo A. Calvo (1988), ‘Costly Trade Liberalizations: Durable Goods and Capital Mobility’, IMF Staff Papers, 35 (3), September, 461–73 22. Ronald I. McKinnon and Huw Pill (1997), ‘Credible Economic Liberalizations and Overborrowing’, American Economic Review Papers and Proceedings, 87 (2), May, 189–93 23. Masaya Sakuragawa and Koichi Hamada (2001), ‘Capital Flight, North-South Lending, and Stages of Economic Development’, International Economic Review, 42 (1), February, 1–24 24. Leonardo Bartolini and Allan Drazen (1997), ‘Capital-Account Liberalization as a Signal’, American Economic Review, 87 (1), March, 138–54 25. Vittorio Grilli and Gian Maria Milesi-Ferretti (1995), ‘Economic Effects and Structural Determinants of Capital Controls’, IMF Staff Papers, 42 (3), September, 517–51 PART III ROLE OF CAPITAL CONTROLS TO MANAGE RISKS 26. Richard N. Cooper (1999), ‘Should Capital Controls be Banished?’, Brookings Papers on Economic Activity, 30 (1), 89–125 27. James Tobin (1996), ‘A Currency Transactions Tax, Why and How’, Open Economics Review, 7, July-October, 493–99 28. Olivier Jeanne and Anton Korinek (2010), ‘Excessive Volatility in Capital Flows: A Pigouvian Taxation Approach’, American Economic Review, 100 (2), May, 403–7 29. Jonathan D. Ostry, Atish R. Ghosh, Marcos Chamon and Mahvash S. Quresih (2011), ‘Capital Controls: When and Why?’, IMF Economic Review, 59 (3), 562–80 30. Carmen M. Reinhart and R. Todd Smith (2002), ‘Temporary Controls on Capital Inflows’, Journal of International Economics, 57 (2), August, 327–51 31. Peter Garber and Mark P. Taylor (1995), ‘Sand in the Wheels of Foreign Exchange Markets: A Skeptical Note’, Economic Journal, 105 (428), January, 173–81 32. Michael P. Dooley (1996), ‘Capital Controls and Emerging Markets’, International Journal of Finance and Economics, 1 (3), 197–205 33. Harris Dellas and Alan Stockman (1993), ‘Self-Fulfilling Expectations, Speculative Attack, and Capital Controls’, Journal of Money, Credit and Banking, 25 (4), November, 721–30 34. Daniel Gros (1992), ‘Capital Controls and Foreign Exchange Market Crises in the EMS’, European Economic Review, 36 (8), 1533–44 35. Mihir A. Desai, C. Fritz Foley and James R. Hines Jr. (2006), ‘Capital Controls, Liberalizations, and Foreign Direct Investment’, Review of Financial Studies, 19 (4), Winter, 1433¬–64 PART IV EFFECTIVENESS OF CAPITAL CONTROLS AS A SHORT-RUN POLICY TOOL 36. Sebastian Edwards and Roberto Rigobon (2009), ‘Capital Controls on Inflows, Exchange Rate Volatility and External Vulnerability’, Journal of International Economics, 78 (2), July, 256–67 37. José De Gregorio, Sebastian Edwards and Rodrigo O. Valdés (2000), ‘Controls on Capital Inflows: Do They Work?’, Journal of Development Economics, 63 (1), October, 59–83 38. Eliana Cardoso and Ilan Goldfajn (1998), ‘Capital Flows to Brazil: The Endogeneity of Capital Controls’, IMF Staff Papers, 45 (1), 161–202 39. Kristin J. Forbes (2007), ‘One Cost of the Chilean Capital Controls: Increased Financial Constraints for Smaller Traded Firms’, Journal of International Economics, 71 (2), April, 294–323 40. Jonathan D. Ostry, Atish R. Ghosh, Marcos Chamon and Mahvash S. Qureshi (2012), ‘Tools for Managing Financial-Stability Risks from Capital Inflows’, Journal of International Economics, 88 (2), November, 407–21 41. Hali Edison and Carmen M. Reinhart (2001), ‘Stopping Hot Money’, Journal of Development Economics, 66 (2), December, 533–53 42. Sebastian Edwards (1999), ‘How Effective are Capital Controls?’, Journal of Economic Perspectives, 13 (4), Fall, 65–84 PART V MEASUREMENT OF CAPITAL MOBILITY AND CAPITAL CONTROLS 43. Martin Feldstein and Charles Horioka (1980), ‘Domestic Saving and International Capital Flows’, Economic Journal, 90 (358), June, 314–29 44. Atish R. Ghosh (1995), ‘International Capital Mobility Amongst the Major Industrialised Countries: Too Little or Too Much?’, Economic Journal, 105 (428), January, 107–28 ] 45. Menzie D. Chinn and Hiro Ito (2006), ‘What Matters for Financial Development? Capital Controls, Institutions, and Interactions’, Journal of Development Economics, 81 (1), October, 163–92 Index

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Book SynopsisThe role of BRIC countries in the world's economy will continue to grow despite temporary setbacks. Kedia and Aceto's edited collection of chapters sheds important light on marketing in these countries, the rise of emerging market multinationals, entrepreneurship, and environmental sustainability. Useful reading for all who seek to better understand these countries.'- Rosalie L. Tung, Simon Fraser University, Canada, President of the Academy of Management and 2015-2016 President of the Academy of International Business'This collection of articles on diverse subjects relating to the four BRICs and to emerging markets offers an interesting panorama of content, from exploring the competitive strengths of BRIC companies in international competition to looking at sustainability, and from marketing issues in these countries to entrepreneurship in liberalized institutional contexts. Almost any analyst of emerging markets can find in this smorgasbord one or more chapters that will provide thoughtful, new discussion of important issues in these countries, which themselves will be the engines of economic growth for the rest of this century.'- Robert Grosse, American University of Sharjah, United Arab Emirates'Barring an unforeseen global disaster it is commonly accepted that BRIC countries will continue to exhibit far higher growth rates than advanced nations. What this useful volume focuses our attention on are the still-remaining obstacles to further and faster development, namely institutional maturity, continued regulatory liberalization, environmental sustainability and the need to bring more women into the organized workforces in BRIC nations. With contributions by noted scholars, this volume extends the frontier of knowledge on emerging country development and should also be useful to policy makers.'- Farok J. Contractor, Rutgers University, US'In this timely volume, Kedia and Aceto have assembled a rich collection of chapters that explore the social, economic, environmental, and business implications of the slowing growth in the BRIC countries and the rise of a new crop of dynamic emerging economies. This book is essential reading for doctoral students, professors, and managers working or operating in emerging economies.'- Ravi Ramamurti, Northeastern University, USIn 2008, it appeared that the BRIC nations' economies would continue to provide growth opportunities for businesses of all kinds. After a decade of unprecedented growth, however, Brazil, Russia, India, and China have unexpectedly slowed. In this innovative book, expert contributors diagnose and examine the factors that might be responsible for the changing trends in the BRIC and other emerging market economies and that may determine the future course of these economies and their prospects for sustained growth.This volume offers valuable insights into a wide range of issues pertaining to emerging economies that demand the attention of researchers and practitioners. In particular, contributors explore topics such as the importance of innovation, internationalization trends of emerging market firms, sustainability and social issues, market liberalization and entrepreneurship, consumer behavior and customer relations.Rigorous scholarly research, including empirical work, and perspectives from emerging markets make this an essential resource for doctoral students, business academics and executives, and politicians and policy makers involved in developing nations and their economies.Contributors: P.C. Bhattacharya, T.V. Bilgili, M. Bishop, S.S. Graça, B.L Kedia, A.H. Kirca, C. Li, R. MitraI, I. Naoumova, J. Pancras, M. Peterson, V.A. Rebiazina, R.K. Reddy, A.G. Rozhkov, M.M. Smirnova, Y. Song, M. ZobninaTrade Review‘The role of BRIC countries in the world's economy will continue to grow despite temporary setbacks. Kedia and Aceto's edited collection of chapters sheds important light on marketing in these countries, the rise of emerging market multinationals, entrepreneurship, and environmental sustainability. Useful reading for all who seek to better understand these countries.’ -- Rosalie L. Tung, Simon Fraser University, Canada, President of the Academy of Management and 2015–2016 President of the Academy of International Business‘This collection of articles on diverse subjects relating to the four BRICs and to emerging markets offers an interesting panorama of content, from exploring the competitive strengths of BRIC companies in international competition to looking at sustainability, and from marketing issues in these countries to entrepreneurship in liberalized institutional contexts. Almost any analyst of emerging markets can find in this smorgasbord one or more chapters that will provide thoughtful, new discussion of important issues in these countries, which themselves will be the engines of economic growth for the rest of this century.’ -- Robert Grosse, American University of Sharjah, United Arab Emirates‘Barring an unforeseen global disaster it is commonly accepted that BRIC countries will continue to exhibit far higher growth rates than advanced nations. What this useful volume focuses our attention on are the still-remaining obstacles to further and faster development, namely institutional maturity, continued regulatory liberalization, environmental sustainability and the need to bring more women into the organized workforces in BRIC nations. With contributions by noted scholars, this volume extends the frontier of knowledge on emerging country development and should also be useful to policy makers.’ -- Farok J. Contractor, Rutgers University, US‘In this timely volume, Kedia and Aceto have assembled a rich collection of chapters that explore the social, economic, environmental, and business implications of the slowing growth in the BRIC countries and the rise of a new crop of dynamic emerging economies. This book is essential reading for doctoral students, professors, and managers working or operating in emerging economies.’ -- Ravi Ramamurti, Northeastern University, USTable of ContentsContents: Preface PART I ECONOMIC GROWTH AND INTERNATIONALIZATION 1. Forging Ahead with Innovation: The Importance of Institutions and Factor Markets to the Continued Development of the BRICS Ben L. Kedia, Rama Krishna Reddy, and Tsvetomira V. Bilgili 2. Internationalization of Firms from Emerging Markets: Summary of Findings Based on Three Meta-Analyses Ahmet H. Kirca PART II SOCIAL CONTEXT AND ENVIRONMENTAL SUSTAINABILITY 3. Sustainability in the BRICS and Beyond: An Examination of the Sustainability Society Index Mark Peterson and Melissa Bishop 4. Environmental Sustainability as Competitive Driver in Emerging Markets Rahul Mitra 5. Gender Balance and Economic Outcomes in Russia, India and China Prabir C. Bhattacharya PART III LIBERALIZATION AND ENTREPRENEURSHIP 6. Liberalization of the Electricity Market in Russia – the Tool of the Growing Democracy or Dictatorship? Irina Naoumova 7. Startup Development, Investments, and Growth Barriers Margarita Zobnina PART IV MARKETING IN EMERGING MARKETS 8. Forging Global B2B Relationships through Effective Communication Sandra S. Graça 9. The Demonstration Effect of Consumption across Cities in China: Evidence from the Automobile Market Yiping Song, Chenxi Li, and Joseph Pancras 10. Customer Orientation in Emerging Markets: Concepts and Empirical Tests Alexander G. Rozhkov, Maria M. Smirnova, and Vera A. Rebiazina Index

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Book SynopsisThis volume presents carefully selected research by reputed scholars on diverse topics dealing with the economic life of Muslims. The book provides a perspective not only on key aspects of the moral economy but also on the behaviour and expectations of economic agents. The distinguished editors have made a valuable contribution by expanding the scope of typical Islamic economics literature and by including topics dealing with the day-to-day life of Muslim society.'- Zamir Iqbal, The World Bank Global Center for Islamic Finance DevelopmentAccording to the most recent Pew Forum on Religion and Public Life, nearly one in four people in the world are Muslim. In light of these numbers, Handbook on Islam and Economic Life is one of the first books to consider Islam within a broader economic sphere by focusing on the ways in which Islam shapes and interacts with the economy.With contributions from leading scholars, this unique Handbook explores how Islam impinges upon and seeks to condition major aspects of economic life including economic organization, business and management, finance and investment, charity, mutuality and self-help, and government. It concludes by analyzing the link between religion and development, the present economic circumstances in Arab countries and the vexed issue of the origins and causes of underdevelopment in Muslim countries.Covering a breadth of topics and research, this book will be essential reading for academics in both Muslim and western universities, graduates and postgraduates of Islamic studies as well as Islamic and other research institutes.Contributors include: B.A. Al-Foul, A.A. Adeyemi, H. Ahmed, T.A. Alias, M. Ariff, M. Chaudry, M. Çizakça, H. Furqani, I.H. Genc, R. Haniffa, M.K. Hassan, M. Hudaib, Z. Iqbal, A.A. Islahi, A.G. Ismail, A.A. Jobst, M. Kahf, M. Khan, S. Kostyshak, M.A. Laldin, M.K. Lewis, N.A. Muhamed, G. Naufal, V. Nienhaus, U.A. Oseni, B.T. Possumah, J.E. Rauch C.E. Regenstein, J.M. Regenstein, M.N. Riaz, J. Rubin, M. Safari, M.N. Siddiqi, S.A. Siddiqui, A. Subhani, R. Wilson, O. Yousfi, A. ZamanTrade Review‘This volume presents carefully selected research by reputed scholars on diverse topics dealing with the economic life of Muslims. The book provides a perspective not only on key aspects of the moral economy but also on the behaviour and expectations of economic agents. The distinguished editors have made a valuable contribution by expanding the scope of typical Islamic economics literature and by including topics dealing with the day-to-day life of Muslim society.’ -- Zamir Iqbal, The World Bank Global Center for Islamic Finance DevelopmentTable of ContentsContents: 1. Islam, The Economy and Economic Life M. Kabir Hassan and Mervyn K. Lewis PART I: DEVELOPMENTS IN ISLAMIC ECONOMICS 2. Muslim Contributions to Economics Science Abdul Azim Islahi 3. Islam Versus Economics Asad Zaman 4. Methodology of Islamic Economics Muhammad Nejatullah Siddiqi 5. Analytical Tools of Islamic Economics: Choice and the Equi-Marginal Principle Habib Ahmed PART II: THE PROBLEM OF INTEREST 6. Riba, Time Value of Money and Discounting Shamim A. Siddiqui 7. Riba in Islamic Economics and Finance Monzer Kahf 8. Structural Compliance of Islamic Finance with Qur’anic Exegesis Azeemuddin Subhani PART III: ECONOMIC ORGANIZATION 9. The Halal Food Industry Joe M. Regenstein, Mian Nadeem Riaz, Muhammad Chaudry and Carrie E. Regenstein 10. A Socio-Economic Profile of Muslim Countries Mohamed Ariff and Meysam Safari 11. Female Labor Force Participation in Islamic Countries Ismail H. Genc, George Naufal and Bassam Abu Al-foul PART IV: BUSINESS AND MANAGEMENT 12. The Islamic Accounting Triangle: Measurement, Disclosure and Enforcement Roszaini Haniffa and Mohammad Hudaib 13. Principles of Islamic Corporate Governance Mervyn K. Lewis 14. Economics and Morality from an Islamic Perspective Rodney Wilson 15. The Islamic Position on Corruption Zafar Iqbal and Mervyn K. Lewis PART V: FINANCE AND INVESTMENT 16. The Islamic Debate on Derivatives Andreas A. Jobst 17. Meeting Expectations: The Roles and Responsibilities of Shari’ah Scholars in Islamic Finance Mohamad Akram Laldin and Hafas Furqani 18. Moral Hazard in Islamic Profit-loss Sharing Contracts and Private Equity Ouidad Yousfi and M. Kabir Hassan 19. Globalizing Islamic Investment Funds Nurul Aini Muhamed and Mervyn K. Lewis 20. The Regulation and Supervision of Sukuk in Global Capital Markets Umar A. Oseni and M. Kabir Hassan 21. Islamic Micro-financing Adewale Abideen Adeyemi and M. Kabir Hassan PART VI: CHARITY, MUTUALITY AND SELF-HELP 22. Poverty and Social Security in Islam Abdul Ghafar Ismail and Bayu Taufiq Possumah 23. Zakat and the Economy Zafar Iqbal and Mervyn K. Lewis 24.The Gift Economy: Waqf in the Islamic World today Tunku Alina Alias PART VII: GOVERNMENT 25. The Economic Role of the State in Islam Murat Çizakça 26. Political Authority in Islam Muqtedar Khan 27. Budget Deficit and Instruments of Public Borrowing in the Islamic System Monzer Kahf PART VIII: RELIGION AND DEVELOPMENT 28. Religion and Development Volker Nienhaus 29. Islamic Institutions and Underdevelopment Jared Rubin 30. The Three Arab Worlds on the Eve of the ‘Arab Spring’ James E. Rauch and Scott Kostyshak 31. An Islamic Perspective on the Global Financial Crisis and its Aftermath Mervyn. K. Lewis Index

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Book SynopsisThe Changing Global Economy and its Impact on International Entrepreneurship addresses different changes and challenges that small and medium sized enterprises (SMEs) face in an economy where they need to compete at home and cannot refrain from participating in international markets. Contributors examine diverse SMEs that have succeeded in the face of adversity. They offer a combination of practical strategies and efficient tactics, grounded in solid theory and research, for firms in different competitive industries.This volume presents a collection of 12 carefully selected chapters that highlight challenging real-world cases to illustrate a variety of difficult problems. Hamid Etemad presents an analytical framework with three levels of analysis - entrepreneurial level, firm level, and institutional level - to document comprehensive, realistic and experientially-based entrepreneurial initiatives, potent firm and public policy strategies and informative and applicable results.The interactive structural design of this book offers progressively higher levels of analysis and incisive lessons, which make it perfect for academics interested in the rich range of theories, methodologies and topics surrounding SMEs' internationalization processes. Its analysis will also inform management and effective policy formulation for entrepreneurs, managers, and policymakers.Contributors: J. Almarri, S. Aureli, L. Battaglia, E. Cedrola, M. Del Baldo, S. Denicolai, N. Dominguez, H. Etemad, B. Hagen, E.J.B. Jørgensen, K. Juusola, D. Kabbara, S. Kock, H. Le Nguyen, J.I.G. Meewella, M. Migliaccio, A.G. Quaranta, E. Rasmussen, F. Rivetti, V. Stanisauskaite, I. Wictor, A. ZucchellaTable of ContentsContents: 1. Introduction Hamid Etemad PART I: EXAMINATION OF ENTREPRENEURIAL ORIENTATION–PERFORMANCE RELATIONS 2. International Entrepreneurship and Performance: What are the Important Factors in Markets with High Cultural Distance? Elena Cedrola, Loretta Battaglia and Anna Grazia Quaranta 3. Risk-seeking Behaviors in SMEs’ Internationalization Noémie Dominguez 4. Psychological Traits, Experiences, Foreign Language Knowledge of Entrepreneurs, and Re-internationalization Strategies of SMEs: A Theoretical Analysis Huu Le Nguyen and Sören Kock PART II: COLLABORATIVE INTER-DEPENDENCE 5. The Dynamic Development of International Entrepreneurial Networks Vaiva Stanisauskaite and Sören Kock 6. The Influence of the Entrepreneur and the Accelerator in the Internationalization Process of Web-based Firms Diala Kabbara 7. Formal Inter-firm Cooperation and International Expansion: How Italian SMEs are Using the Network Contract Selena Aureli and Mara Del Baldo 8. How are Knowledge Acquisition and SMEs’ Internationalization Related? Empirical Evidence from Gruppo Germani Mirella Migliaccio and Francesca Rivetti 9. Value Chain Activities in Born Global Companies Ingemar Wictor PART III: INSTITUTIONAL CONTEXT 10. The Creation and Internationalization of Border Firms Eva J.B. Jørgensen and Einar Rasmussen 11. Institutional Entrepreneurship and the Embedded Roles of the Leaders and State: An Historical Case Study of Abu Dhabi Jasem Almarri, Katarriina Juusola and John Meewella 12. Concluding Remarks, Implications and Lessons Hamid Etemad Index

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Book SynopsisElgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences and law, expertly written by the world's leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas. Globalisation impacts almost all aspects of life. It is often said that change is accelerating, and that the nation state is increasingly anachronistic. This book challenges that consensus, arguing that globalisation is neither an historic nor technological inevitability; rather, globalisation and technological change are as old as capitalism itself. Jonathan Michie makes the case for a new, more realistic approach to economics. He argues that the reduced power of national governments is a result of the free-market reforms of globalisation created in the 1980s era of Thatcher and Reagan, which led to the 2008 global financial crisis and recession. The free-market 'capitalism unleashed' form of globalisation is neither inevitable nor desirable - it is possible to develop a new global green deal for economic progress, being socially and environmentally sustainable. Michie demonstrates that capital has become unproductive with increased speculation and tax evasion, and that taxing wealth is necessary to create a new era of globally sustainable development. Key features include: in-depth coverage of globalisation written in a concise and accessible style disputes the consensus that globalisation is an historic or technological inevitability focus on current issues such as unproductive capital, a result of increased speculation, tax evasion and avoidance advocates policy proposals for global regulation, taxation and corporate diversity argues the need for a new global green deal for social and environmental sustainability and makes a clear case for an improved and more realistic approach to economics. The Advanced Introduction to Globalisation will be a challenging yet engaging read for policy makers, academics and advanced students of economics, management and business, politics and environmental studies. This book sets out an alternative worldview which will interest anyone concerned with our future global prospects.Trade Review'This book is a tour-de-force on the dynamics of globalisation. It provides an overview of the main trends and shows how seemingly geographically remote issues are connected. Far from commonplace, it manages to provide original and provocative interpretations of how globalization has changed our lives.' --Daniele Archibugi, Italian National Research Council, Italy and Birkbeck College, University of London, UKTable of ContentsContents: 1. Introduction: what’s it all about? 2. Globalisation in historical context 3. The theory of globalisation 4. Technology, innovation, and globalisation 5. Multinationals, corporate diversity and globalisation 6: The practice of globalisation 7. The global architecture 8. Global challenges: conflict, terrorism, and environmental change 9. Tax evasion and unproductive capital 10. Policy implications for governments 11. Conclusion Index

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Book SynopsisElgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences and law, expertly written by the world's leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas. Globalisation impacts almost all aspects of life. It is often said that change is accelerating, and that the nation state is increasingly anachronistic. This book challenges that consensus, arguing that globalisation is neither an historic nor technological inevitability; rather, globalisation and technological change are as old as capitalism itself. Jonathan Michie makes the case for a new, more realistic approach to economics. He argues that the reduced power of national governments is a result of the free-market reforms of globalisation created in the 1980s era of Thatcher and Reagan, which led to the 2008 global financial crisis and recession. The free-market 'capitalism unleashed' form of globalisation is neither inevitable nor desirable - it is possible to develop a new global green deal for economic progress, being socially and environmentally sustainable. Michie demonstrates that capital has become unproductive with increased speculation and tax evasion, and that taxing wealth is necessary to create a new era of globally sustainable development. Key features include: in-depth coverage of globalisation written in a concise and accessible style disputes the consensus that globalisation is an historic or technological inevitability focus on current issues such as unproductive capital, a result of increased speculation, tax evasion and avoidance advocates policy proposals for global regulation, taxation and corporate diversity argues the need for a new global green deal for social and environmental sustainability and makes a clear case for an improved and more realistic approach to economics. The Advanced Introduction to Globalisation will be a challenging yet engaging read for policy makers, academics and advanced students of economics, management and business, politics and environmental studies. This book sets out an alternative worldview which will interest anyone concerned with our future global prospects.Trade Review'This book is a tour-de-force on the dynamics of globalisation. It provides an overview of the main trends and shows how seemingly geographically remote issues are connected. Far from commonplace, it manages to provide original and provocative interpretations of how globalization has changed our lives.' --Daniele Archibugi, Italian National Research Council, Italy and Birkbeck College, University of London, UKTable of ContentsContents: 1. Introduction: what’s it all about? 2. Globalisation in historical context 3. The theory of globalisation 4. Technology, innovation, and globalisation 5. Multinationals, corporate diversity and globalisation 6: The practice of globalisation 7. The global architecture 8. Global challenges: conflict, terrorism, and environmental change 9. Tax evasion and unproductive capital 10. Policy implications for governments 11. Conclusion Index

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Book SynopsisIslamic economics and finance has recently enjoyed a spike in interest and a rise in status from theology-tinged discussion fodder for Muslim intellectuals to a fully fledged academic discipline knocking on the doors of university social science departments. The Handbook of Empirical Research on Islam and Economic Life provides a solid background and overview of current empirical research, evaluating how well Islamic institutions have performed in pursuing their objectives. With contributions from leading scholars, this unique Handbook provides chapters examining a range of phenomena in Islamic finance, focusing on five main research areas: religion and growth, Islamic social finance, Islamic banking and finance, Islamic capital market and Sukuk (Islamic bonds). This selection of research literature provides:- a socio-economic profile of Muslim countries- an outline of Islamic systems of accounting and governance- an analysis of the religion-development link- a consideration of the role of the state under Islam.Scholars of finance and Islam in Muslim and in Western universities, students in graduate and post-graduate courses in Islamic studies, and Islamic research institutes and libraries in Western, Middle Eastern and Asian universities will all find great value in this vital resource and its exploration of a compelling approach to finance.Contributors include: A.U.F. Ahmad, M.S. Akhtar, E. Aksak, M.A.M. Al JanabiIhsan Isik, N. Alam, F. Alqahtani, S.O. Alhabshi, C. Aloui, S.B. Anceaur, D. Ashraf, M. Asutay, A.F. Aysan, O. Bacha, A. Barajas, M. Bekri, C. De Anca, G. Dewandaru, M. Disli, A.O. El Aloui, M. Farooq, K. Gazdar, R. Grassa, H.B. Hamida, M.K. Hassan, R. Hayat, C.M. Henry, J. Howe, M.H. Ibrahim, M. Jahrom, K. Jouaber-Snoussi, F. Kamarudin, M. Khawaja, H. Khan, K. Khan, O. Krasicka, M.T. Majeed, N.A.K. Malim, M. Masih, A. Massara, D.G. Mayes, A.K.M. Meera, M. Mehri, C. Mertzanis, H.S. Min, M.A. Mobin, Y.A. Nainggolan, M. Naseri, A.M. Nassir, A. Ng, S. Nowak, M.S. Nurzaman, M. Omran, H. Ozturk, M. Rashid, M.E.S.M. Rashid, R.M. Shafi, A. Shah, N.S. Shirazi, F. Sufian, G.M.W. Ullah, P. Verhoeven, L. Weill, S. Zaheer, S.R.S.M. Zain, A. ZarkaTrade Review'Kabir Hassan presents an impressive collection of more than 30 empirical studies on a wide spectrum of Islamic finance issues. The authors apply state-of-the-art methods of quantitative research and produce a wealth of fresh and often surprising results. Finance practitioners, policy makers and regulators can benefit from the findings, and Islamic as well as conventional researchers can get references and inspiration for further studies.' --Volker Nienhaus, University of Bochum, Germany'The Handbook of Empirical Research on Islam and Economic Life presents the reader with the fruits of research in a new area in the RF (Riba Free) Islamic economics, banking and finance. This book is a great addition to the library of the field. I enjoyed reading many of the empirical findings contributed by the book. The research papers included in the book are masterfully assembled by Professor Kabir Hassan: a recognized pioneering and prolific author, teacher and researcher in economics in general and in RF (Riba Free) Islamic economics, banking and finance. Most published books in the field focus on the theory and/or application of Islamic life, economics and finance. The reader of this great new book will enjoy getting introduced to a new dimension of research dealing with empirical findings. These findings can be used by theoreticians to ponder on and practitioners to apply in their business.' --Yahia Abdul Rahman, Founder of the LARIBA System - LARIBA Finance and LARIBA Bank of WhittierTable of ContentsContents: 1. Introduction Part I: Religion and Growth: 1. Social Preferences and Values: An Experimental Analysis for Religiosity Anwar Shah, Karim Khan and Hayat Khan 2. Openness, Culture, Legal Environment and Islamic Finance Kaouthar Gazdar, Rihab Grassa and M. Kabir Hassan 3. Islamic Finance in Movement: Public Opinion in the Arab Region Clement Henry Part II: Islamic Social Finance: 4. Evaluating The Impact of Zakat by Indicator of Disaggregated Human Development Index: An Empirical Finding Mohamad Soleh Nurzaman 5. Poverty, Finance and Institutions: Evidence from OIC Countries Muhammad Tariq Majeed 6. The Social and Cultural Impact on Firms’ Access to Finance in an Islamic Environment Charilaos Mertzanis 7. Reporting of Zakat and Charitable Activities in Islamic Banks: Theory and Practice in a Multi-cultural Setting Mamunur Rashid, M. Kabir Hassan, How Shi Min and G.M. Wali Ullah 8. Achieving Sustainable Economic Development through Islamic Microfinance and Potential of proposed Two Tier Mudarabah Waqf Business Model Mohammad Ashraf Mobin and Abu Umar Faruq Ahmad 9. Can Islamic Banking Increase Financial Inclusion? Sami Ben Naceur, Adolfo Barajas and Alexander Massara 10. Social tax and transfers for poverty alleviation: A case for low and middle income countries Nasim Shah Shirazi and Anas Zarka Part III: Islamic Banking and finance 11. The Impact of the Global Financial Crisis on Islamic Banking Faisal Alqahtani and David G. Mayes 12. Country Governance and the Performance of Islamic and Conventional Banks: International Evidence Fadzlan Sufian, M. Kabir Hassan, Fakarudin Kamarudin and Annuar Md. Nassir 13. How Institutions Shape the Gap in Efficiency between Islamic and Conventional Banks Laurent Weill 14. Differences between Islamic and Conventional Finance in Malaysia Olga Krasicka and Sylwia Nowak 15. On the Co-existence of Conventional and Islamic Banks: Do These Banks Differ in Business Structure Sajjad Zaheer and Moazzam Farooq 16. Macroeconomic Shocks and Islamic Bank Behavior in Turkey Ahmet Faruk Aysan, Mustafa Disli, Adam Ng and Huseyin Ozturk 17. Explaining Intermediation Costs of Islamic Banks in OIC Countries Nurhafiza Abdul Kader Malim, Mansor H. Ibrahim and Mohamed Eskandar Shah Mohd Rasid 18. Liquidity Risk Management in Emerging and Islamic Markets in Post Financial Crisis in Gulf Cooperation Council Mazin A.M. Al Janabi 19. How Efficient are the Commercial, Investment and Islamic Bank Managers in Jordan Ihsan Isik, Mohammed Omran and M. Kabir Hassan Part IV: Islamic Capital Market 20. Does Islamic investment accrue hedging benefits? Dawood Ashraf and Mohsin Khawaja 21. Volatility forecasting, value-at-risk and expected shortfall estimations under Basel II accord in GCC Sharia stocks Chaker Aloui, M. Kabir Hassan and Hela ben Hamida, 22. Do stock returns react to an Islamic label Raphie Hayat and Celia de Anca 23. Taking a Leap of Faith: Are Investors Left Short Changed? Yunieta A. Nainggolan, Janice C.Y. How and Peter Verhoeven 24. Quantitative Studies of Islamic and Conventional Assets Shumi Akhtar and Maria Jahromi 25. Profit-Sharing Ratio as a Screening Device in Venture Capital Meryem Mehri, Kaouther Jouaber-Snoussi and M. Kabir Hassan 26. On the dependency structure of Islamic assets Mahmoud Bekri, M. Kabir Hassan and Nafis Alam 27. Malaysian Investors’ perspectives on the integration and Co-movement of Islamic Stock Markets in Developed and Developing Countries Marjan Naseri, Syed Othman Alhabshi and Mansur Masih 28. A Wavelet approach to time-scale relationships among the Islamic and conventional stock markets and LIBOR AbdelKader O. el Alaoui, Ginanjar Dewandaru, Obiyathulla Bacha and Mansur Masih Part V: Sukuk (Islamic Bonds) 29. Testing the Financial Distress Prediction Model for Sukuk-Issuing Companies In Malaysia Roslina Mohamad Shafi, Sharifah Raihan Syed Mohd Zain, Mohamed Eskandar Shah Mohd Rasid and Ahamed Kameel Mydin Meera 30. The Economic and Political Determinants of Depth and Strength in Sukuk Markets Mehmet Asutay and Ercument Aksak Index

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Book SynopsisBilateral economic diplomacy is an increasingly popular method of ensuring both commercial and broader economic interests. In this Handbook over 30 leading experts from developed and developing countries, industrial nations and emerging economies have come together to form a global view of economic diplomacy. Representing a move away from Euro-centric books on the topic, this Handbook uses a combination of qualitative and quantitative research to explore how state visits, embassies and economic sanctions are being increasingly used as forms of diplomacy. Editors Peter van Bergeijk and Selwyn Moons have ensured that the entire research process is covered, from data collection to evidence-based policy advice. As such, the Handbook reveals how and under which conditions economic diplomacy can be most effective, proving an invaluable tool for future research.The Research Handbook for Economic Diplomacy is a key resource for academics and researchers at policy institutions who wish to understand the field in greater depth. Policy makers and other actors at domestic and international levels would also greatly benefit from this extensive international view of economy diplomacy.Trade Review‘Economic diplomacy has long been a neglected dimension in the study of international commerce. Governments around the globe actively seek to promote exports, attract investment, and protect the interests of their firms in foreign markets. They do so through a variety of instruments of foreign policy. This excellent Research Handbook brings together an outstanding set of contributions that provide a comprehensive overview of the instruments of economic diplomacy, as well as evidence and tools that can be used to assess their effectiveness. It should be required reading for foreign policy practitioners, trade promotion organizations, students of international business and scholars working on commercial policy.’ -- Bernard Hoekman, European University Institute, ItalyTable of ContentsContents: 1. Introduction to the Research Handbook on Economic Diplomacy Peter A.G. van Bergeijk and Selwyn J.V. Moons 2. (Economic) diplomacy: in need of a new paradigm? Gorazd Justinek 3. Business diplomacy: its role for sustainable value chains Désirée M. van Gorp 4. 25+ years of economic diplomacy research: how study design influences economic diplomacy coefficients Selwyn J.V. Moons 5. The use of case studies in economic diplomacy research Renata Cavalcanti Muniz PART I ECONOMIC DIPLOMATS 6. Trips and trade Volker Nitsch 7. The anatomy and the impact of export promotion agencies Marcio Cruz, Daniel Lederman and Laura Zoratto 8. Quantitative evidence on commercial diplomats’ time allocation on roles and activity areas Olivier Naray 9. Indonesian trade promotion Prahastuti Maharani 10. Embassies matter for trade, but diplomats matter most: evaluation of Dutch economic diplomacy in Latin America Phil Compernolle and Mark Vancauteren PART II IMPACTS, COSTS AND BENEFITS 11. Economic diplomacy and product characteristics Selwyn J.V. Moons and Remco de Boer 12. Passing export hurdles with a little help from my friends Arjan Lejour 13. Costs of Italian economic diplomacy: a comparative perspective Filippo Vergara Caffarelli and Giovanni Veronese 14. Social cost benefit analysis of trade missions Michiel de Nooij, Marcel van den Berg and Henri L.F. de Groot PART III POLITICS, TRADE AND SANCTIONS 15. Soft power, sanctions and exports: checking the BS in BDS Andrew K. Rose 16. Economic diplomacy and the liberal peace Syed Mansoob Murshed 17. Economic diplomacy in Iran: reorientation of trade to reduce vulnerability Sajjad F. Dizaji 18. China’s economic diplomacy and the politics-trade nexus Andreas Fuchs PART IV EMERGING MARKETS AND DEVELOPING COUNTRIES 19. Economic diplomacy: a developing country perspective Kishan S. Rana 20. Economic diplomacy in Africa: the impact of regional integration versus bilateral diplomacy on bilateral trade Sylvanus Kwaku Afesorgbor 21. Impact of hard and soft infrastructure: evidence from North Africa and CEECs Hugo Lapeyronie, Mathilde Maurel and Bogdan Meunier 22. China’s foreign aid: towards a new normal? Arjan de Haan and Ward Warmerdam 23. The future of economic diplomacy research Peter A.G. van Bergeijk, Sewlyn J.V. Moons and Christian Volpe Martincus Index

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Book SynopsisIn recent decades, the international economy has witnessed profound changes. International Trade and the New Global Economy includes key papers on the leading research discussing the links between these changes and international trade. Written by an outstanding set of distinguished economists and political scientists, the seminal papers in this volume address the proliferation of preferential trade agreements, the effects of the Great Recession on trade, and mass attitudes about trade and globalization. With an original introduction by the editor, this volume is an excellent source of reference for social scientists and graduate students interested in international economic affairs.Trade Review‘In this volume, Edward D. Mansfield collects some of the key pieces of research on three of the most important and hotly debated topics of our time in the international political economy of trade: trade agreements, individual trade policy preferences, and the great recession. The papers within this volume are essential reading for those wishing to understand the modern dynamics of the international trading system.’Table of ContentsContents: Introduction Edward D. Mansfield PART I THE SOURCES AND FEATURES OF PREFERNTIAL TRADE AGREEMENTS 1. Scott L. Baier and Jeffrey H. Bergstrand (2004), ‘Economic Determinants of Free Trade Agreements’, Journal of International Economics, 64 (1), 29–63 2. Edward D. Mansfield, Helen V. Milner and B. Peter Rosendorff (2002), ‘Why Democracies Cooperate More: Electoral Control and International Trade Agreements’, International Organization, 56 (3), Summer, 477–513 3. Kerry A. Chase (2003), ‘Economics Interest and Regional Trading Arrangements: The Case of Nafta’, International Organization, 57 (1), Winter, 137–74 4. Mark S. Manger (2012), ‘Vertical Trade Specialization and the Formation of North- South PTAs’, World Politics, 64 (4), October, 622–58 5. Edward D. Mansfield and Eric Reinhardt (2003), ‘Multilateral Determinants of Regionalism: The Effects of GATT/WTO on the Formation of Preferential Trading Arrangements’ International Organization, 57 (4), Autumn, 829–62 6. Richard Baldwin and Dany Jaimovich (2012), ‘Are Free Trade Agreements Contagious?’, Journal of International Economics, 88 (1), 1–16 PART II WHAT DOES THE PUBLIC THINK ABOUT TRADE? 7. Kenneth F. Scheve and Matthew J. Slaughter (2001) ‘What Determines Individual Trade-Policy Preferences’, Journal of International Economics, 54 (2), 267–92 8. Kevin H. O’ Rourke and Richard Sinnott (2001), ‘The Determinants of Individual Trade Policy Preferences: International Survey Evidence’, Brookings Trade Forum, 157–206 9. Anna Maria Mayda and Dani Rodrik (2005), ‘Why are Some People (and countries) More Protectionist than Others?’, European Economic Review, 49 (6), 1393–430 10. Jude C. Hays, Sean D. Ehrlich and Clint Peinhardt (2005), ‘Government Spending and Public Support for Trade in the OECD’, International Organization, 59 (2), Spring, 473–94 11. Andy Baker (2003), ‘Why is Trade Reform so Popular in Latin America? A Consumption- Based Theory of Trade Policy Preferences’, World Politics, 55 (3), 423–55 12. Jens Hainmueller and Michael J. Hiscox (2003), ‘Learning to Love Globalization: Education and Individual Attitudes Toward International Trade’, 60 (2), 365–85 13. Edward D. Mansfield and Diana C. Mutz (2009), ‘Support for Free Trade: Self Interest, Sociotropic Politics, and Out-Group Anxiety’, International Organization, 63 (3), Summer, 425–57 14. Yotam Margalit (2012), ‘Lost in Globalization: International Economic Integration and the Sources of Popular Discontent’, International Studies Quarterly, 56 (3), 484¬–500 PART III THE GREAT RECESSION AND INTERNATIONAL TRADE 15. Hiau Looi Kee, Cristina Neagu and Alessandro Nicita (2013), ‘Is Protectionism on the Rise? Assessing National Trade Policies during the Crisis of 2008’, Review of Economics and Statistics, 95 (1), March, 342¬–46 16. Chad P. Bown and Meredith A. Crowley (2013), ‘Import Protection, Business Cycles and Exchange Rates: Evidence from the Great Reccession’, Journal of International Economics, 90 (1), 50¬–64 17. Kishore Gawande, Bernard Hoekman and Yue Cui (2014), ‘Global Supply Chains and Trade Policy Responses to the 2008 Crisis’, World Bank Economic Review, 29 (1), 102–28 18. Daniel W. Drenzer (2014), ‘The System Worked: Global Economic Governance During the Great Recession’, World Politics, 66 (1), January, 123–64 Index

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Book Synopsis'Already an accomplished scholar Shen Wei offers a masterly study of the Chinese shadow banking sector in context. The book constitutes a thorough analysis of the nature of the Chinese shadow banking sector and of the political events, economic rationales and institutions that have shaped it. Beyond offering expert legal analysis this book is also very rich on information and research about the institutional and economic necessities that have shaped the Chinese financial system in its present form and gave rise to a mighty shadow banking sector. The book is very well organized and competently drafted, thus, it is easily accessible to both the expert and non-expert reader. I have no doubt that this is bound to become the standard reference work for everybody wishing to study the nature of the Chinese shadow banking sector and of the institutions underpinning it in context.'- Emilios Avgouleas, University of Edinburgh, UK'Shadow Banking in China: Risk, Regulation and Policy by Professor Shen Wei is a timely book, presenting readers with a comprehensive and coherent conceptualization of shadow banking in China. It systematically defines shadow banking, describes how the different types of shadow banking subsectors -- including wealth management products, peer-to-peer lending, local government financing vehicles, and underground lending -- are growing, and examines how Chinese regulators are responding. It also explains the risk-taking, economics, and behavioral aspects of each of these subsectors, revealing the endogenous market forces driving their expansion and describing how shadow banking is innovatively helping to channel funding to the cash-starved private sector and real economy.'- from the Foreword by Steven L. Schwarcz, Duke University, School of LawIn light of the current regulatory regime in China's banking sector, this book investigates the causes, key forms, potential risks and regulation of shadow banking in China.The first China-specific book of its kind, the author takes policy considerations into account whilst providing an analysis of the regulatory instruments tackling the systematic risks in its banking as well as shadow banking sectors. Key shadow banking subsectors discussed include P2P lending, wealth management products, local government debts, and the underground lending market. This book will be of interest to students and scholars in the legal field, as well as those from other disciplines including social science, business, and finance. It will also be of use to lawyers, policymakers and regulators looking for practical solutions in tackling the issues facing a rising shadow banking sector today.Trade Review'Shadow banking is attractive to those who like the informal sector, and other alternatives to the highly regulated state. For some observers, it is frightening, and global financial crises are blamed on it. Shen Wei informs and appeals to both groups in this comprehensive and innovative book on Shadow Banking in China. I highly recommend it to anyone interested in modern China, the regulatory strategies of the modern state, or money and banking.' --Saul Levmore, University of Chicago'If one wants to understand either the past or the future of the world financial system, one must understand the nature, impact, and role of shadow banking. If one wants to understand shadow banking, one must understand what the Chinese Communist Party might call ''shadow banking with Chinese characteristics.'' This book, by a highly respected legal and economic scholar explains both.' --Frank Upham, New York University, School of Law'Shadow banking has become one of the most important areas of study in domestic and international finance. China's sector is recognised as particularly significant, not least because of its size, and potential to destabilise. This work by a leading scholar contains a detailed factual explanation of the sector, and places it in the context of China's financial and regulatory system as a whole. The book is a valuable source of information and analysis that will provide a solid basis for practitioners, regulators and academics alike.' --Sir William Blair, Justice of the Queen's Bench Division, Commercial Court, President of the Board of Appeal of the European Supervisory AuthoritiesTable of ContentsContents: Foreword 1. Decoding Shadow Banking: A Primer 2. Myth of Chinese Banks’ Success and Shadow Banking 3. Financial Regulatory Architecture: Status Quo 4. Central Bank and Monetary Policy 5. Regulating Wealth Management Products 6. The Logic (or Illogic) of Local Government Debts Out of Control 7. Optimizing the Regulation of Internet Lending: From Popularity to Risks 8. Removing Underground Lending Markets out of the Shadows 9. Credit Crunch and Liquidity Supply in China’s Banking Sector 10. Interest Rate Reform: Full or Partial Liberalization? 11. Renminbi’s Ongoing Exchange Rate Reform 12. “A Tale of Three Zones” and Financial Reforms 13. Is China’s New Deposit Insurance Scheme a Panacea? – a Functional Analysis 14. No Conclusion Yet: Bringing China’s Shadow Banking into the Light Index

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Book SynopsisThe second edition of Miroslav Jovanovic's The Economics of International Integration will be a useful addition to the bookshelf of anybody interested in teaching a course on economic integration. It is especially strong and up-to-date on developments in Europe, both with respect to completing the EU market and to the evolution of the eurozone. The various integration schemes are situated in the 21st century global economy with its rapidly changing technology. The analysis is always accessible to non-specialists and, while Jovanovi has his own views, he is careful in presenting various sides of debates.'- Richard Pomfret, University of Adelaide, Australia'A wide ranging, comprehensive but accessible and topical discussion of the many different dimensions of international economic interdependence and the instruments that governments around the world use to cooperate in the pursuit of greater integration of markets. Highly recommended for students seeking a non-technical treatment of the economics of international integration with extensive discussion of the European experience in moving towards economic and monetary union.'- Bernard Hoekman, European University Institute, Italy'Europe, the Americas, Asia and the Pacific, Africa, and the Middle East, within a region as well as across countries, have been integrating not only by FTAs but also by the development of global supply chains. However, we don't know much about how the integration is really going and what consequences will be brought about by it. This book provides us with theoretical tools and empirical facts to understand it. Policy makers should read this book to implement good policy.'- Daisuke Hiratsuka, Institute of Developing Economies (IDE), JETRO, JapanIn this comprehensive second edition of The Economics of International Integration, Miroslav N. Jovanovi examines the theory of international economic integration and explores the existing and emerging international integration agreements, their achievements, problems and prospects. One of the most important issues in international economics today concerns the dissipating multilateral trading system and the proliferation of a number of trading blocs and arrangements. This has been particularly the case after the establishment of the World Trade Organization in 1995 and especially during the Doha Round (2001-13).This book takes on those and other important new issues such as integration through spatially fragmented production, and the operation of supply chains. The author argues that international economic integration deals are here to stay, and evolve with variable successes in spite of advantages offered by the multilateral trading system. Jovanovi 's second edition includes up-to-date surveys of economic integration and their agreements, criticism of the eurozone and speculation on the future of integration.This thoroughly revised second edition provides a broad understanding of international economic integration and its complexities, and will be of great interest to students and scholars of international economics, development economics, policy and international business.Trade Review‘The second edition of Miroslav Jovanovic’s The Economics of International Integration will be a useful addition to the bookshelf of anybody interested in teaching a course on economic integration. It is especially strong and up-to-date on developments in Europe, both with respect to completing the EU market and to the evolution of the eurozone. The various integration schemes are situated in the 21st century global economy with its rapidly changing technology. The analysis is always accessible to non-specialists and, while Jovanovic has his own views, he is careful in presenting various sides of debates.’ -- Richard Pomfret, University of Adelaide, Australia‘A wide ranging, comprehensive but accessible and topical discussion of the many different dimensions of international economic interdependence and the instruments that governments around the world use to cooperate in the pursuit of greater integration of markets. Highly recommended for students seeking a non-technical treatment of the economics of international integration with extensive discussion of the European experience in moving towards economic and monetary union.’ -- Bernard Hoekman, European University Institute, Italy‘Europe, the Americas, Asia and the Pacific, Africa, and the Middle East, within a region as well as across countries, have been integrating not only by FTAs but also by the development of global supply chains. However, we don’t know much about how the integration is really going and what consequences will be brought about by it. This book provides us with theoretical tools and empirical facts to understand it. Policy makers should read this book to implement good policy.’ -- Daisuke Hiratsuka, Institute of Developing Economies (IDE), JETRO, Japan‘A very effective and up-to-date book for a deep understanding of the complex labyrinth of second-best solutions provided by the existing trading system.‘Table of ContentsContents: 1. Introduction 2. Dissipating Multilateralism 3. Theory of Customs Unions 4. Common Markets 5. Globalisation 6. Economic Union 7. Integration Groups 8. Measurement of the Effects of International Economic Integration 9. Conclusions 10. Bibliography Index

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Book SynopsisThis book offers a critical reflection of the North-South regional trade agreements (RTAs), known as the Economic Partnership Agreements, negotiated between the EU and the African, Caribbean, and Pacific countries. Conceiving of regions as legal regimes, Clair Gammage highlights the challenges facing developing countries when negotiating RTAs with developed countries. North-South Regional Trade Agreements as Legal Regimes offers a rich analysis of the negotiations between the EU and the southern African regional group as well as a factual presentation of liberalisation under the final agreement. Interrogating the assumption that economic growth will lead to sustainable development, this book draws insights from the experience of the Caribbean countries as they implement their Economic Partnership Agreement to question the extent to which RTAs between developed and developing countries will and can promote development through trade. This unique book will appeal to academics and advanced students in international trade law and development law. Trade practitioners in government, the private sector and civil society, including those involved in policy making and challenging the policy making process will appreciate the author's lucid analysis of analysis of the law and the broader concept of promoting development through trade.Trade Review'This is a must-read for anyone interested in regionalism, trade, human rights and sustainable development, and how law connects these areas. While focusing empirically on the Economic Partnership Agreement (EPA) between the European Union (EU) and the Southern African Development Community (SADC), Gammage transcends the bounderies of law, politics, economics, development studies and ethics with a truly critical and interdisciplinary account that combines various theoretical perspectives including the Habermasian paradigm of law as discourse, the Gramsian notion of hegemony, and the capabilities approach of Amartya Sen.' --Jan Orbie, Ghent University, Belgium'For the best part of two decades, the EU and ACP have been engaged in protracted negotiations, to find a successor to the Lome trade and development regime. In this important new book, Clair Gammage shows how and why these negotiations have defied common understanding of how North-South trade diplomacy actually works. Combining critical legal and international political economy scholarship with rich empirical detail, Gammage argues that the absence of equitable and meaningful deliberation during the process of the negotiations ultimately determined the outcome of these negotiations. This, in turn, explains why the EU-ACP Economic Partnership Agreements have, in almost all instances, fallen a long way short of original ambitious. In short, this book is an essential read for all interested in the past, present and future of EU-ACP relations.' --Tony Heron, University of York, UKTable of ContentsContents: 1. Integration Through Law 2. Regional Trade Agreements as Legal Regimes 3. The EU as a Global Actor 4. The Normative Legal Character of Sustainable Development 5. Transforming the ACP-EU ‘Special’ Relationship 6. African Regionalisms as Flexible Legal Regimes 7. Regionalism in Southern Africa 8. The SADC EPA: A Driver of Development? 9. Lessons from the CARIFORUM EPA Index

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Book SynopsisMega-regionalism in the Asia Pacific has led to the formation of several emerging trade blocs, including the Trans-Pacific Partnership. This book, in addition to the examination of trade policies in the region, offers a comprehensive analysis of ongoing developments such as the impact of new members on the incumbent TPP-12 and its spillover to third parties, as well an objective study of the crucial issues of liberalization of agriculture, pharmaceuticals, and intellectual property rights. Split into three diverse sections, this book is a joint venture of many outstanding scholars in various disciplines, all with expertise in the Asia Pacific's regional affairs. These contributions provide readers with a rigorous assessment of membership enlargement and sectorial liberalization of the TPP as well as the pathways toward region-wide free trade areas. Editor Peter C.Y. Chow includes both an analysis of the trade policies of China and the US and a discussion of the impact of new members on trade complementarity, global value chains, and the US's trade balance. Detailed studies on the effect of Taiwan's membership on the US economy and industries such as agriculture, manufacturing, and service are also explored.This edited volume will attract readers interested in international trade, economic integration, and globalization. Academics and practitioners in geopolitics, geo-economics, and international relations in the Asia Pacific will also be of interest.Contributors include: C. Barfield, T.-J. Cheng, L.-i. Chen Chiu, P.C.Y. Chow, D. Ciuriak, B.-X. Hsu, W.-C. Lee, C.-Y. Liu, A. Somwaru, H. Thompson, F. Tuan, J. XiaoTrade Review'This book is an outstanding collection of essays on the TPP. All 11 chapters were written by professionals. It starts with insightful analyses of the US security and economic interests, and the U.S. leadership in rebalancing Asia-Pacific. The book also includes unique captivating topics on pros and cons of enlarging the TPP memberships, especially using Taiwan as an example, and the effects of sectorial liberalization on agriculture, pharmaceuticals, income redistribution, and intellectual property protection. This book is a timely study of the TPP and is essential for economic and trade policymakers, political scientists, and empirical economists.' --Frank S.T. Hsiao, University of Colorado BoulderTable of ContentsContents: Preface PART I THE PATHWAYS TOWARD MEGA REGIONALISM AND THE TWO MAJOR PLAYERS 1. Pathways to a Free Trade Area of the Asia Pacific: Problems and Prospects Peter C.Y. Chow 2. The Trans-Pacific Partnership and America’s Strategic Role in Asia Claude Barfield 3. Wrestling over the Trans-Pacific Partnership: US Strategic Interests, China’s Responses, and Taiwan’s Membership Options Tun-Jen Cheng and Wei-Chin Lee PART II ENLARGING THE TPP MEMBERSHIP AS A ROAD MAP TOWARD MEGA TRADE BLOC 4. Taiwan's TPP Accession: Impact on the TPP12 and Spillovers on Third Parties Dan Ciuriak and Jingliang Xiao 5. Trade Complementarity and Natural Trading Partners between the US and Second Round of TPP members Peter C.Y. Chow 6. The Impact of Taiwan’s TPP Accession on the United States Dan Ciuriak and Jingliang Xiao 7. TPP as A Pathway to APEC-based FTAAP Peter C.Y. Chow and Bo-Xian Hsu PART III SECTORIAL LIBERALIZATION OF TRADE UNDER TPP 8. Agriculture and TPP with or without China – A Partial Equilibrium Analysis Francis Tuan and Agapi Somwaru 9. Pharmaceuticals and Herbal Medicine in the Asia Pacific amidst TRIPS and the TPP Lee-in Chen Chiu 10. Services and Income Redistribution in Specific Factor Models of the Trans-Pacific Partnership Henry Thompson 11. The Case for Flexible Intellectual Property Protections in TPP: How Can the US Do It Correctly Ching-Yi Liu Index

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Book SynopsisThe yen is now one of the major currencies freely traded in the world, and yet, many Japanese exporters take on a currency risk by invoicing in US dollars. In this book, the authors examine why this is the case, particularly for those exporters who have a strong presence in global markets.Managing Currency Risk enhances our understanding of exporters? behaviour by analysing the key factors that influence their choice of invoice currency. Detailed research based on unique data sets is used to highlight how firm size, product competitiveness, intra/inter-firm trade and the geography of export destination impact this decision.This book is a valuable resource for international finance researchers and political economists wishing to discover up-to-date information regarding currency invoicing by multinational firms. It will also be a vital tool for financial and governmental practitioners to discover more about their competitors? behaviour.Trade Review'This is an important book that gives us a detailed look into why Japanese firms do business. Rather than just rely on regressions, the authors do something rarely seen in economics: they talk to their data by conducting surveys and interviews with Japanese firms. This method adds a tremendous richness to their analysis.' --David E Weinstein, Columbia University, US'This book is a spectacular achievement. Based on unique interviews and questionnaire surveys, it provides various insights on the invoicing currency behavior of Japanese exporters. It will be useful not only for academic research but also for policymakers.' --Shin-ichi Fukuda, University of Tokyo, Japan'This book employs new data sets based on both interviews and questionnaire surveys of Japanese manufacturing firms operating globally. The information is used to obtain novel and convincing findings regarding the determinants of invoice currency choice and currency risk management by focusing on export destination, arm's-length vs. intra-firm trades, and types of subsidiaries.' --Eiji Ogawa, Hitotsubashi University, JapanTable of ContentsContents: 1. Introduction 2. Choice of Invoice Currency in Japanese Trade: Industry- and Commodity-Level Analysis 3. Findings from Interviews with Globally Operating Japanese Firms 4. Analysis of Questionnaire Surveys on Head Offices 5. Exchange Rate Risk Management in Japanese Firms 6. Invoice Currency Choice in Global Production and Sales Networks 7. Invoicing Currency and Yen Internationalization References Index

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Book SynopsisIf you care about food security in Asia and particularly rice and world trade, buy this book. The best authors in the business (legal, academic and private sector) have contributed to its success with 12 treatises on core issues. I complement the editors of this compendium, Michael Ewing-Chow and Melanie Vilarasau Slade, for their intellectual courage in bringing these experts to contribute to one book. The technical side of these issues have been kept at a minimum wherever possible for the general reader. Each chapter relates to the others and guides us to some conclusions and a call to action.'- Milo Hamilton, Firstgrain, US'This is a complete recipe for global food security as the most credible way forward in a world of continuously uncertain food supplies. Today the overall intact agricultural production potential appears mainly threatened by location-specific climate change challenges and by both national and international food policy governance failures. Hence, the role of trade and of trade rules is all the more important, as credibly emphasised by the authors' consequent advocacy for a removal of food trade barriers as part of a more coherent poverty strategy and towards collective food security.'- Christian Häberli, Bern University, Switzerland'Food security is one of the key challenges the world faces. The demand for food will increase as our population goes up from 7 billion to 9 billion. Global warming and an increasingly erratic weather pattern will have an impact on food production. It is in this context that I welcome this important book. The editors have rightly invited us to refocus our minds from self-sufficiency to collective food security.'- Tommy Koh, Chairman of the Governing Board Centre for International Law, National University of SingaporeFood security is one of the greatest challenges of our time. The food price crisis of 2008 exposed the vulnerabilities of the global food system. Governments across Asia acerbated the crisis by imposing export restrictions based on a policy of self-sufficiency.This book assesses whether self-sufficiency is an adequate response to the food security challenges we face. Pricing volatility drives isolationism at a time when climate change and increasingly uncertain weather patterns make it difficult for any single nation to guarantee adequate food production for itself.Through a collection of commissioned studies which draw upon the experience of leading experts and scholars in trade, investment, law, economics, and food policy, this book analyses the impact of this trend on the most essential crop in the Asian region rice.It suggests that food security policy should be reconceptualised: from the national to the regional and even the global level. It also provides its own proposals as to how this new paradigm of collective food security should be understood and developed.The book calls for a new conversation in the region, acknowledging that the challenges we face are global and the solutions must be found in collective action. This state-of-the-art study will appeal to lawyers, economists and political scientists, as well as trade and food security specialists by providing expert analyses and enlightening solutions for the future.Contributors: C. Boonekamp, R.M. Briones, R. Clarete, D. Dixit, M. Ewing-Chow, L.A. Jackson, J. Jackson Ewing, J. McVitty, E. Rogerson, J. Tijaja, C.P. Timmer, M. Vilarasau SladeTrade Review‘If you care about food security in Asia and particularly rice and world trade, buy this book. The best authors in the business (legal, academic and private sector) have contributed to its success with 12 treatises on core issues. I compliment the editors of this compendium, Michael Ewing-Chow and Melanie Vilarasau Slade, for their intellectual courage in bringing these experts to contribute to one book. The technical side of these issues have been kept at a minimum wherever possible for the general reader. Each chapter relates to the others and guides us to some conclusions and a call to action.’ -- Milo Hamilton, Firstgrain, US‘This is a complete recipe for global food security as the most credible way forward in a world of continuously uncertain food supplies. Today the overall intact agricultural production potential appears mainly threatened by location-specific climate change challenges and by both national and international food policy governance failures. Hence, the role of trade and of trade rules is all the more important, as credibly emphasised by the authors’ consequent advocacy for a removal of food trade barriers as part of a more coherent poverty strategy and towards collective food security.’ -- Christian Häberli, Bern University, Switzerland‘Food security is one of the key challenges the world faces. The demand for food will increase as our population goes up from 7 billion to 9 billion. Global warming and an increasingly erratic weather pattern will have an impact on food production. It is in this context that I welcome this important book. The editors have rightly invited us to refocus our minds from self-sufficiency to collective food security’ -- Tommy Koh, Chairman of the Governing Board Centre for International Law, National University of SingaporeTable of ContentsContents: Introduction: Setting the Stage: The Problem with Self-sufficiency and the Need for Collective Food Security for a Global Crisis Michael Ewing-Chow and Melanie Vilarasau Slade PART I 1. Food Security Issues and the Role of the Multilateral Trading System Evan Rogerson and Diwakar Dixit 2. Global Value Chains in the Food Sector Julia Tijaja 3. Food Security Initiatives in Asia and the Impact of WTO Regulation Roehlano M. Briones 4. A Case Study of Regional Food Security: APTERR Michael Ewing-Chow and Melanie Vilarasau Slade PART II 5. Managing Food Price Volatility in Asia: Why, What and How? C. Peter Timmer 6. Deepening ASEAN Rice Trade Ramon L. Clarete 7. A Private Sector View of Food Security and Pricing Volatility James McVitty PART III 8. Food Security and Limits to Resources Lee Ann Jackson 9. Environmental Change, Food Security and Trade in Southeast Asia J. Jackson Ewing 10. Is there a Role for International Law in Supporting Systemic Solutions to the Food Security Challenge? Melanie Vilarasau Slade PART IV 11. The WTO and Food Security – and a Possible Step Forward Clemens Boonekamp 12. Conclusion: Moving to Collective Food Security Michael Ewing-Chow and Melanie Vilarasau Slade Index

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Book SynopsisIslamic finance distinguishes itself from conventional finance with its strong emphasis on the moral consequences of financial transactions; prohibiting interest, excessive uncertainty, and finance of harmful business. When it comes to risk mitigation, it is unique in its risk sharing approach.This authoritative book tracks the evolution of the takaful industry over the course of the last four decades and makes a major attempt to highlight the importance of risk sharing through a discussion of various models of cooperation and critical analysis of their performance, including illuminating case studies and a critical assessment of the Islamic insurance model and the role of alternate financing mechanisms. Its high level discourse on shari'ah compliance and its nuances places emphasis on the importance of solidarity, cooperation, mutuality and reciprocity.Scholars and practitioners working in Islamic Finance will appreciate the context and nuance of this important book, and it will be essential reading for anyone interested in alternative forms of shari'ah compliant cooperative finance. The book is equally vital for academics and researchers interested in understanding various takaful models and their shari'ah considerations.Contributors include: A. Abozaid, A.U.F. Ahmad, A. Akhtar, S.N. Ali, H. Allam, M. Ayub, M. Al Bashir Al Amine, A. Bhatty, J.W. Bradford, S.E.B. Carmody, M.A. El-Gamal, M. Faisal, M.F. Haq, I. Bin Mahbob, A. Nana, V. Nienhaus, S. Nisar, U.A. Oseni, M. Rahman, A. Rehman, M.A. Samad, B. Shafiq, H. Sultan, A.-R. Syed, T.A. UddinTrade Review'This volume is probably the first of its kind in which the topic of takaful -- often neglected by literature -- is dealt with in a comprehensive fashion by leading academics and practitioners. The strength of the volume stems from its discussion of the ideas of mutuality and cooperatives, legal and regulatory frameworks, and the potential for takaful in social finance with a view towards sustainable development. Professors Ali and Nisar deserve congratulations for making this important and significant contribution to the literature on takaful.' --Zamir Iqbal, The World Bank Global Islamic Finance Development Center, Turkey'This book is a welcome addition to the literature on takaful, providing fresh perspectives, critical analysis and informative case studies which illustrate how Islamic insurance contributes to social finance in India and Indonesia. The principles of mutuality and solidarity are examined from different perspectives and the merits of a waqf-wakalah model are discussed. The legal and regulatory framework within which takaful operates is examined. The potential for shari ah-compliant cooperative financial services is assessed and a novel proposal is made for a lifetime annuity in family takaful. The standard of scholarship is impressive and Drs Nazim Ali and Shariq Nisar are to be congratulated in bringing together such a distinguished group of academics and professionals. The book is an essential purchase for libraries with collections in Islamic finance.' --Rodney Wilson, Durham University and INCEIF, Kuala LumpurTable of ContentsContents: Introduction PART I: INTRODUCTION TO TAKAFUL: FORM, FUNCTION AND CRITICISM 1. Takaful Journey: the Past and Present and Future Ajmal Bhatty and Shariq Nisar 2. Solidarity, Cooperation, and Mutuality in Takāful Volker Nienhaus 3. Mutuality, Reciprocity, and Justice within the Context of a Unified Theory of Riba and Ghara Mahmoud A. El-Gamal 4. A Proposed Marriage between Endowments, Mutual Insurance, and the Institution of Agency in Islamic Law—An Introduction to the Waqf-Wakalah Model of Takaful Abdullah Nana 5. A Critical Shari’ah Review of Takaful Structures: Towards a Better Model Abdulazeem Abozaid PART II: REGULATORY ENVIRONMENT AND LEGAL ASPECTS OF TAKAFUL 6. New Horizons: The Potential for Shari’ah-compliant Cooperative and Mutual Financial Services Sara E.B. Carmody 7. Toward a Watershed in Takaful Dispute Resolution: From Litigation to Effective Dispute Management Umar A. Oseni 8. Fatwā and its Role in Regulatory Capture and Arbitrage Joe W. Bradford PART III: TAKAFUL PRODUCT ANALYSIS 9. The Nature of Retakaful: Risk Sharing or Transferring Risks? Abu Umar Faruq Ahmad, Ismail Bin Mahbob and Muhammad Ayub 10. Commercial Credit Takaful Muhammad Al Bashir Muhammad Al Amine 11. Shari’ah Compliant High Watermark Protected Lifetime Annuity in Family Takaful? Hiba Allam and Volker Nienhaus PART IV: TAKAFUL AS SOCIAL FINANCE 12. Reimagining takaful: A New Model for Social Banking Hussam Sultan and Abdur-Rahman Syed 13. Islamic Co-operatives: A Route to Poverty Alleviation and Economic Development Mian Farooq Haq and Bushra Shafiq 14. Scaling Poverty Reduction in Indonesia: Enhancing the Institutional Effectiveness of Islamic Microfinance Institutions Tanvir Ahmed Uddin and Muhammad Maaz Rahman 15. Micro-takaful in India: A Path Towards Financial Inclusion and Sustainable Development Mohammad Faisal, Asif Akhtar, Asad Rehman and M. Abdul Samad Index

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Book SynopsisAnalyzing the role of multinational investors in emerging Asian economies and the implications for regional economic integration, this astute study examines the increasing role being played by Asian countries in the global economy.Encompassing a large number of diverse manufacturing and service sectors, this book highlights the cultural and strategic challenges faced by multinational investors in the region in which they invest. It shows that despite high rates of economic growth in Asian countries presenting multinational traders and investors with unparalleled market opportunities, there have been only tentative moves towards regional economic integration. Areas such as trade facilitation, uniform customs clearance, removal of non-tariff barriers and labour deployment issues are yet to be adequately addressed. Multifaceted and multidimensional in approach, Emerging Asian Economies and MNCs Strategies will appeal to students and scholars of Asian economies and business management in the region. Its presentation of the sociopolitical and investment environment will also prove invaluable in informing business investors targeting southeast Asian markets.Contributors include: B. Andreosso-O'Callaghan, N. Callinan, C. Dathe, S. Dzever, W. Feng, B. Gupta, J. Jaussaud, J.-L. Mucchielli, F. Nicolas, R. Taylor, U. Uprasen, W. Wei, P. Yu, G. Zhao, B. ZolinTrade ReviewTaylor and Andresso-O'Callaghan's new book is a very welcome addition to the literature on Asian economic integration in the context of its barriers, problematic decision-making of regional bodies and infrastructure. They use a plethora of international experts to cover a varied and disparate range of areas, including: regional production networks; food supply chain; R&D location strategies; outward investment into the EU; expatriation policies; innovation in food processing small firms and ICT using Samsung as a case. One of the most interesting and perceptive pieces is Taylor's on labour mobility and human resources and the need for corporate cultures to adapt to indigenous cultural values and norms and emergence of hybrid systems of management. This stands in useful contrast to the often naive navel-gazing and ethnocentric assertions of too much US-UK management literature. --Chris Rowley, Korea University, Nottingham University, UK, Griffith University, Australia and City University, London, UKThis is a very valuable contribution to the literature on emerging Asian economies and MNCs strategies. It covers an impressive range of countries and corporations. It should be of great interest to both academics and practitioners in the field. --Malcolm Warner, University of Cambridge, UKTable of ContentsContents: 1. Introduction Robert Taylor PART I: OVERALL OVERVIEW 2. Emerging Asian Economies and MNC Strategies: A Review of the Literature Bernadette Andreosso-O’Callaghan 3. Regional Production Networks in Asia – A Focus on China, Japan and Korea Françoise Nicolas 4. Selected Asian Countries and the Food Supply Chain (Between Food Security and Food Safety) Maria Bruna Zolin PART II: CHINA AND CHINESE MNCS 5. A Correlation of China’s Economic Growth and Trade Structure Induced by Transaction Costs Quoqin Zhao and Sam Dzever 6. MNCs’ Offshore R&D Co-Location Strategies: Comparison of Western and Asian Firms in China Pei Yu and Jean-Louis Mucchielli 7. Chinese Outward Direct Investment to the European Union Against the Background of the Euro Crisis Bernadette Andreosso-O’Callaghan and Christopher Dathe 8. Expatriation Policies of Chinese Emerging MNCs Feng Wei and Jacques Jaussaud PART III: EMERGING MNES FROM OTHER ASIAN COUNTRIES 9. The Transatlantic Free Trade Area: ASEAN’s Perspective Utai Uprasen 10. Innovation Performance in the Small and Medium Enterprises of India – Evidence from the Food Processing Industry Bhumika Gupta and Jeayaram Subramanian 11. The Emergence of Samsung as a Global ICT Player Nigel Callinan 12. Epilogue: Labour Mobility and Human Resources Robert Taylor Index

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Book SynopsisDespite its growing significance, the legal scrutiny of RTAs remains an underdeveloped academic field. This book considers how the interplay between multilateral and preferential liberalisation of trade in services increasingly raises concerns, both from the perspective of the beneficiaries of such liberalisation and that of regulators. With the application of a thorough article-by-article analysis, the author shows how these concerns lead to vast underutilisation of, and often prejudice against, the benefits of services liberalisation. The book meticulously analyses and compares the EU's obligations under the GATS and the services chapters of several RTAs to finally assess the merits of the various concerns. This book will be an invaluable resource for students and scholars of law and related subjects. It will also be of interest to government officials looking for a detailed analysis of the topic, and practitioners looking for a framework for analysing RTA provisions.Trade Review'Trade integration in today's world is largely a question of addressing divergent regulations, and services liberalization is at the apex of the discussion. For various reasons this issue is easier to address in clubs. The WTO is getting to grips with this emerging reality, and this thesis is a very timely contribution to what promises to be the motto in trade circles in the years to come.' --Petros C. Mavroidis, Columbia Law SchoolTable of ContentsContents: Introduction 1. Interpretation of GATS and the Selected EU RTAs 2. Structure of GATS and the Selected EU RTAs 3. The Scope of GATS and the Selected EU RTAs 4. Non-discrimination 5. Market Access 6. Domestic Regulation 7. Transparency 8. Exceptions Concluding Remarks Index

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Book SynopsisEurope's and Latin America's social and economic stagnation is a direct result of the unresolved phenomena of the financialization crisis that broke in 2008 in developed countries. Editors Noemi Levy and Etelberto Ortiz analyze the limitations of economic growth and development under capitalist economic organizations where financial capital is dominant as well as explore alternate economic policies.This book argues that institutional settings based on the international monetary market, the global production organization, and the international commerce arraignments need to be redesigned to improve countries' economic growth, job opportunities, and salaries. In order for economic disequilibria to be reduced among regions, countries, and social classes, economic surplus appropriation must be regulated. Divided into four distinct thematic sections, the chapters discuss how income distribution must be re-evaluated in order to halt the economic crisis of developing countries in Europe and Latin America and to boost a new cycle of economic growth and development.This critical discussion will be of value to economic scholars and researchers, policy makers wishing to learn more about the limitations of economic growth, as well as journalists specializing in economic issues.Contributors include: A. Álvarez, E. Basilio, R. Bellofiore, H. Bougrine, A. Chapoy, A. Cibils, C. Domínguez, F. Garibaldo, M. Guadalupe Huerta, L. Kato, N. Levy, T. López, J. Marroquín, S. Martínez, M. Mortagua, E. Ortiz, L.Á. Ortiz, G. Pinazo, L.-P. Rochon, C.A. Rozo, D. Tropeano. A. Vercelli,Trade ReviewImbalances, disparities and disequilibria are amongst the inherent features of capitalism. How those features play out in the era of financialization across Europe and Latin America are at the core of this book. There is a rich menu of papers here ranging over what policy and other measures can address the structural disequilibria in Europe and impacts of human welfare, the impact of the forces of disequilibria on economic growth, and deep analyses of many features of disequilibria in Mexico. --Malcolm Sawyer, University of Leeds, UKAs finance emerged to agitate market equilibria, theories of financialisation have set out to explain that agitation and link it to deflationary and distributional trends in our economies. The challenge of financialisation lies in the complexity necessary to incorporate finance effectively into models of production and distribution for economies that have become financial centres, as well as for countries where finance remains weakly developed. The editors and contributors of this book have risen to that challenge with a volume that lays out the new economics of open economy finance: a volume of first resort for those who wish to understand international finance today. --Jan Toporowski, SOAS, University of London, UK, University of Bergamo, Italy, and International University College, Turin, ItalyTable of ContentsContents: INTRODUCTION What are the Issues Now? Controversies About Disequilibria, Economic Growth, and Economic Policies Noemi Levy and Etelberto Ortiz PART I STRUCTURAL DESEQUILIBRIA IN EUROPE: WHAT TO DO 1. A Structural and Monetary Perspective of the Euro Crisis Riccardo Bellofiore, Francesco Garibaldo and Mariana Mortagua 2. The Big Financial Crisis and the European Economic Adjustment: A Road Towards the Strengthening of the Neoliberal Agenda Ma. Guadalupe Huerta 3. Debt Deflation Theory and the Great Recession Domenica Tropeano and Alessandro Vercelli PART II THE FORCES OF DESEQUILIBRIA AT WORK: THEIR IMPACT ON GROWTH 4. The Periphery in the Productive Globalization: A New Dependency? Alan Cibils and Germán Pinazo 5. Latin America in the New International Order: New Forms of Economic Organizations and Old Forms of Surplus Appropriation Noemi Levy 6. Inequality, Technological Change and Worldwide Economic Recovery Carlos A. Rozo 7. Global Disequilibria and the Inequitable Distribution of Income Alma Chapoy 8. Financialization, Crisis and Economic Policy Hassan Bougrine and Louis-Philippe Rochon PART III DISEQUILIBRIA IN THE MEXICAN ECONOMY: THE EXPORT GROWTH MODEL, ECONOMIC STAGNATION AND LABOR PRECARIZATION 9. The Limits of the Export Led Growth Model: The Mexican Experience Etelberto Ortiz 10. The Mexican Economy in 2014: Between Crisis, Free Trade, Social Devastation and Labour Precarization Alejandro Álvarez and Sandra Martínez 11. The Accumulation Mode of Production in Mexico and the Economic Structure of the Manufacturing Industry Luis Kato PART IV DISEQUILIBRIA IN MEXICO: THE FINANCIAL AND FISCAL TRAP 12. Economic Growth and Financial Development in Mexico: From a Virtuous Circle of a Bidirectional Causality to a Financial Subordination Teresa López and Eufemia Basilio 13. Private Sector Finance in the Era of Deregulation and Economic Openness: Mexico 2000-2014 Christian Domínguez and Juan Marroquín 14. Pro-cyclical Fiscal Policy and the Fiscal Support of the Mexican Monetary Policy Luis Á. Ortiz Index

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Book SynopsisThis fascinating volume offers a comprehensive synthesis of the events, causes and outcomes of the major financial crises from 1929 to the present day. Beginning with an overview of the global financial system, Sara Hsu presents both theoretical and empirical evidence to explain the roots of financial crises and financial instability in general. She then provides a thorough breakdown of a number of major crises of the past century, both in the United States and around the world. Hsu's thorough and ambitious survey begins with the Great Depression of 1929, the first crisis created within the institutions of our current financial system, and moves through the aftermath of the Depression in the 1930s and 1940s, the inter-crisis period of the 1950s through the 1970s, and the emerging market debt default crisis of the 1980s. From there, she tackles major crises in specific countries from the 1990s on, including those in Mexico, Asia (Thailand, Indonesia, South Korea and Malaysia), Russia, Brazil and Argentina, as well as the Great Recession of 2008. The book concludes with a chapter detailing insightful policy recommendations for preventing future crises. Students and professors of economic history, financial and regulatory economics and banking will find this an invaluable resource, both for its comprehensive historical approach and its thoughtful look toward the future of the global economy.Trade ReviewAcclaim for the first edition: 'Financial Crises, 1929 to the Present. . . offers a concise history of several of the world's major financial crises. The book could serve as a supplement for undergraduate courses in economic history, international finance, and macroeconomics or as a reference for anyone wishing summaries of the key events and issues surrounding particular crises.' --David C. Wheelock, EH.Net

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Book SynopsisThis unique Handbook provides multiple perspectives on the growth of illicit trade, primarily exploring counterfeits and internet piracy. The expert contributions, drawn from the private sector, the legal community, and leading enforcement and anti-counterfeiting agencies, cover a wide range of topics including the evaluation of key global enforcement issues, government and private-sector initiatives to stifle illicit trade, and the evolution of piracy on the internet. The authors also assess the efficacy of anti-counterfeiting strategies such as targeted consumer campaigns, working with intermediaries in the supply chain, authentication technology, and online brand protection. Offering a succinct and up-to-date overview of country initiatives to stem illicit trade in China, Mexico, and the US, the book addresses key global enforcement issues. It illustrates the unique problems facing key industry sectors and expands on a comprehensive and timely debate on the growing problem of illicit trade on the internet, highlighting distinct aspects of piracy in the music industry. The persistent problem of botnets, malware, and `malvertising' is discussed, along with an overview of the various issues associated with online brand protection. Furthermore, a variety of anti-counterfeiting measures are presented that target both the demand and supply of illicit trade, complemented by an examination of their relative effectiveness. This accessible, provocative, and timely synopsis of counterfeiting and illicit trade will be of great value to academics and researchers of law, criminology, and trade. It will also be an excellent resource for government agencies, policymakers, and private-sector managers in those industries most affected by this growing and pervasive problem.Contributors include: S. Betti, L. Cesareo, P.E. Chaudhry, A. Chikada, D. Collopy, R.S. Delston, B. Dobson, G.M. Dominguez Rodriguez, D. Follador, A. Gupta, R. Kinghorn, I. Lancaster, A. Pastore, E. Penz, M. Sonmez B. Stöttinger, H. Sudler, B.A. Sullivan, M. Tanji, S.C. Walls, P. Williams, J.M. Wilson, D. Yang, A.S. ZimmermanTrade Review'The team that Dr Peggy Chaudhry has assembled is an awesome team of leading experts from around the world on illicit trade. The collective wisdom of this group embodied in this book is destined to be not only widely read but also extensively debated.' --Mike Peng, University of Texas at Dallas, USTable of ContentsContents: 1. Introduction: Trojan Horses, Pirate Bays and Anti-counterfeiting Peggy E. Chaudhry PART I Alarming Trends in Illicit Trade and Key Global Enforcement Issues 2. Illicit Trade in Counterfeit Products: An Examination of the Opportunity-Risk Connection Brandon A. Sullivan, Jeremy M. Wilson and Rodney Kinghorn 3. Key Global Enforcement Issues on Illicit Trade in Goods Stefano Betti 4. Reaching Beyond Banks: How to Target Trade-Based Money Laundering and Terrorist Financing Outside the Financial Sector Ross S. Delston and Stephen C. Walls PART II Country Initiatives Designed to Stem Illicit Trade 5. Initiatives to Stem Illicit Trade in the United States Peggy E. Chaudhry 6. Initiatives to Stem Illicit Trade in Mexico Gloria Maria Dominguez Rodriguez 7. Initiatives to Stem Illicit Trade in China’s E-Commerce Davide Follador PART III Impact of Illicit Trade on Select Industry Sectors 8. The Challenge of Curtailing the Escalation of Counterfeit Pharmaceuticals Peggy E. Chaudhry 9. Counterfeiting Luxury Goods Ludovica Cesareo, Alberto Pastore and Patti Williams 10. Illicit Trade in the Tobacco Sector Peggy E. Chaudhry and Alan S. Zimmerman PART IV The Growing Problem on the Internet 11. Overview of the Magnitude of Piracy On The Internet Michael Tanji 12. Social Media’s Impact on Intellectual Property Rights Dennis Collopy 13. Dynamic Shifts In Music Piracy – A Review of the Music Industry and Underlying Technology Innovations Hasshi Sudler 14. Online Brand Protection Akino Chikada and Anil Gupta 15. The Looming Shadow of Illicit Trade on the Internet: Botnets, Malware and Malvertising Peggy E. Chaudhry PART V Managerial and Consumer Perceptions of the Effectiveness of Anti-Counterfeiting Tactics 16. Analysis of Anti-Counterfeiting Tactics to Diffuse Consumer Demand Barbara Stöttinger, Elfriede Penz and Ludovica Cesareo 17. Effectiveness Against Counterfeiting—Four Decades of Strategic Inquiry Deli Yang and Mahmut (Maho) Sonmez 18. The Critical Role of Intermediaries in Stopping Counterfeiting and Piracy William Dobson 19. Detecting Counterfeits in the Supply Chain: How to Use Authentication Methods Ian Lancaster Index

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Book SynopsisThe legal, political and economic rationales that underpin trade policy are reflected in the establishment and implementation of EU trade relations with the rest of the world. This comprehensive Handbook provides readers with a multidisciplinary overview of the major perspectives, actors and challenges in contemporary EU trade relations. Changes in institutional dynamics, Brexit, the politicisation of trade, competing foreign policy agendas, and adaptation to trade patterns of value chains and the digital and knowledge economy are reshaping the European Union's trade policy. The authors tackle how these challenges frame the aims, processes and effectiveness of trade policy making in the context of the EU trade relations with developed, developing and emerging states in the global economy.This Handbook presents students and practitioners with an accessible introduction to the policy processes in the EU?'s trade policy. Policy-makers, especially those outside of the EU, will also gain key knowledge regarding the trade policies of the EU by reading this.Contributors include: J. Adriaensen, L. Choukrounel, P. De Lombaerde, F. De Ville, M. Eagleton-Pierce, J. Eckhardt, M. Filadoro Alikhanoff, C. Gammage, M.J. Garcia, T. Heron, W.A. Kerr, S. Khorana, L. Kühnhardt, D. Martens, P. Murray-Evans, L. Nilsson, J. Orbie, L. Perdikis, N. Perdikis, G. Rósen, G. Siles-Brügge, A. Smith, M. Smith, N.R. Smith, M. Shu, L. van der Putte, S. Velluti, W.G. VossTrade Review'This Handbook is packed full of genuinely useful information. It covers all of the basics - with excellent chapters on the role of EU institutions, for example - and much more besides. EU trade policy has never been more complex or contested and this collection unpacks the issues in a clear and engaging way. Obligatory reading for anyone trying to understand EU trade.' --Annmarie Elijah, Australian National UniversityTable of ContentsContents: Introduction PART I INTRODUCTION TO EU TRADE POLICY FROM A MULTIDISCIPLINARY PERSPECTIVE 1. The Establishment and Development of the European Union and its Trade Policy Nicholas Perdikis and Laurie Perdikis 2. EU International Relations Law: the Power to Conclude International Trade Agreement Clair Gammage 3. EU Trade Policy from a Political Perspective María J. García PART II ACTORS IN EU TRADE POLICY 4. The European Commission’s Role in Trade Policy Lars Nilsson 5. The Council: Between European Legislator and National Executive Johan Adriaensen 6. The European Parliament Guri Rosén 7. EU Trade Policy and Civil Society Matthew Eagleton-Pierce 8. Business-Government Relations in EU Trade Politics Jappe Eckhardt PART III EU TRADE POLICY IN PRACTICE 9. Trade Policy and Foreign Policy in the European Union Michael Smith 10. The EU’s Foreign Trade Policy Towards its Eastern Frontier: Assessing its Triangular Trade Relationship with Ukraine and Russia in the Context of the Ukraine Crisis Nicholas Ross Smith 11. The EU and Africa: Trade, Development and the Politics of Inter-regionalism Tony Heron and Peg Murray-Evans 12. The Promotion of Social Trade by the European Union in its External Trade Relations Lore Van den Putte and Samantha Velluti 13. The role of ideas in legitimating EU trade policy: from the Single Market Programme to the Transatlantic Trade and Investment Partnership Ferdi De Ville and Gabriel Siles-Brügge 14. Re-shaping Global Borders: EU Trade Policy and the Interregional Preference Philippe De Lombaerde, Ludger Kühnhardt and Mario Filadoro 15. The European Union and Fair Trade: Hands-Off? Deborah Martens and Jan Orbie 16. European Union Trade Agreements and Global Value Chains Adrian Smith 17. Trade, Competitiveness and the China Factor Min Shu 18. EU and Developing Asia Trade Dispute Settlement: Assertive Legalism for Political Autonomy Leïla Choukroune 19. Building a Special Place in Europe-Asia Trade: EU-Singapore Commercial Relations William A. Kerr 20. Singapore Issues William A. Kerr 21. The Digital Single Market: Move from Traditional to Digital? Sangeeta Khorana and W. Gregory Voss Index

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Book SynopsisEntrepreneurship in emerging economies and developing countries presents us with a unique set of working attitudes, modes of thinking, social practices and processes. This book explores these characteristics, focusing on the conceptualization of entrepreneurship 'in-between'. It highlights top-down, bottom-up and hybrid initiatives as well as driving forces for entrepreneurial activities, presenting the diversity, nuances and multiplicity of facets of relevant but unexplored contexts that we need in order to expand our dominant and traditional understandings of entrepreneurship. This book examines entrepreneurship as a contextualized phenomenon from different theoretical and empirical perspectives, gathering a group of researchers with different nationalities, backgrounds and contexts to shed light on how societies with alternative paths of development trigger different entrepreneurial activities and practices. It covers geographical contexts from four continents in a novel and multifaceted analysis. Including case studies, literature reviews and discourse analysis, this book will be a valuable resource for academics and PhD students as well as programme directors in entrepreneurship, development studies and economic geography, and policy makers working with local and regional development and entrepreneurship.Contributors include: N. Akhter, E. Arévalo, D. Baboukardos, W. Balunywa, R. Basco, E. Brundin, J. Cestino, D. Chimdessa Gutu, A. Dawson, H. Deres Mekonnen, A. Discua Cruz, Q. Evansluong, M. Fonseca-Paredes, S. Kamugisha, A.A. Kebede, H. Lundberg, M. Markowska, S. Mutarindwa, M.J. Parada, E. Ramírez Pasillas, M. Ramirez Pasillas, P. Rosa, F. Sandoval-Arzaga, J.B. Shema, Y. Shitaye Anely, G. Silveyra, P. Sindambiwe, J. Teshome Bayissa, M. Vega Solano, Y. Welu Kidanemariam, E. Werkilul Asfaw, D.S. Xotlanihua-González, H. Yimam, K. ZehraTrade Review'It is time to acknowledge the difficult environment of entrepreneurs in the developing world without falling into the trap of undue pessimism by acknowledging the amazing resilience and ingenuity of those 450 million individuals participating in start-ups and new ventures in the world. This is what these highly international contributors to the book do and, therefore, the book is immensely helpful.' --(Michael Frese, NUS Business School, Singapore)Table of ContentsContents: 1. Contextualizing entrepreneurship in-between emerging economies and developing countries Marcela Ramírez-Pasillas, Ethel Brundin and Magdalena Markowska PART I CONTEXTUALIZING THE TOP-DOWN DRIVING FORCES FOR ENTREPRENEURIAL PRACTICES 2. The Political Economy of Indigenous Ethnic Entrepreneurship: The Ethiopian Experience Hussien Yimam 3. Who is really an ethnic minority? The Puzzling Paradox of Conceptualization of Ethnic Entrepreneurship Hussien Yimam 4. Women entrepreneurship in Rwanda: Overcoming entrepreneurial stereotypes through government support Jean Bosco Shema and Samuel Mutarindwa 5. The impact of the institutional context on women entrepreneurship in Ethiopia: Breaking the cycle of poverty? Hailemickael Deres Mekonnen and Joaquin Cestino 6. Contextualizing Entrepreneurship as an Antidote to Institutional Evangelizing: “Diezmo” and Informal Contract Commissions in Mexico Edmundo Ramírez-Pasillas and Hans Lundberg 7. Contextualizing universities for new venture creation: The case of family business students of Tecnologico de Monterrey in Mexico Fernando Sandoval-Arzaga, David Xotlanihua–González, Geraldina Silveyra and Maria Fonseca-Paredes 8. The Discursive Formation of ‘Seriousness’ in the Ship Canal Rat Race between Panama, Mexico and Nicaragua Hans Lundberg PART II CONTEXTUALIZING THE BOTTOM-UP DRIVING FORCES FOR ENTREPRENEURIAL PRACTICES 9. Jugaar as Entrepreneurial Resourcefulness Khizran Zehra 10. Contextualizing entrepreneurial networks in Ethiopia: The Case of the Ekubs of the Gurage Ethnic group Yaschilal Shitaye Anely 11. Contextualizing crowdfunding in low income countries: The case of Pakistan Nadia Arshad 12. Exploring Antecedents for New Venture Creation in Ethiopia Yikaalo Welu Kidanemariam 13. Contextualizing Entrepreneurial Opportunity Creation as an Outcome of Social Embeddedness Demeke Chimdessa Gutu and Jebessa Teshome Bayissa 14. Exploring Institutional Entrepreneurship in developing countries – Copreneurs in the tourism industry: A Bolivian case Maria José Parada and Alexandra Dawson 15. The interplay between the context and family business continuity in developing countries Pierre Sindambiwe 16. Entrepreneurship in family businesses in Ethiopia Ermias Werkilul Asfaw PART III CONTEXTUALIZING HYBRID DRIVING FORCES FOR ENTREPRENEURIAL PRACTICES 17. Placing the Ugandan Entrepreneurship Paradox in Context Peter Rosa and Waswa Balunywa 18. Barranquilla’s Carnival: the place where identity meets societal entrepreneurship Erika Arévalo 19. New Firms' survival in Rwanda: An analysis of institutional and social contexts Samuel Kamugisha 20. Daring to be different: A case of entrepreneurial stewardship in a Guatemalan family's coffee farm. Marcos Vega Solano and Allan Discua Cruz 21. Financial performance of family versus non-family firms in the context of an economy in turmoil: A market from ‘developed’ to ‘emerging’ Diogenis Baboukardos and Naveed Akhter 22. A literature review on mixed-embeddedness for immigrant entrepreneurship: lessons for developing countries Asres Abitie Kebede 23. Influences of immigrants from emerging economies and developing countries on immigrant entrepreneurship in Sweden Quang Evansluong 24. Epilogue – Multiple embeddedness for entrepreneurship Rodrigo Basco Index

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Book SynopsisTechnological progress and economic policies have enabled many economic activities to become highly mobile. A crucial question in contemporary economics therefore concerns where they will locate and relocate themselves in the future. This comprehensive, innovative book applies an evolutionary framework to spatial economics, arguing against the prevailing neoclassical equilibrium model and providing important theoretical and concrete insights. Throughout this book, Miroslav N. Jovanovic uses evolutionary concepts to analyse the behaviour of a multitude of players in the economic arena, from individuals to firms, institutions and industries, considering the ways in which they act, react, interact, adapt and change over time. Jovanovic begins with a thorough exploration of the theory underpinning his arguments and the history of the subject. Chapters then apply these concepts to an examination of current topics, including the supply chain economy, market structures, globalisation, international firms and regional policies, creating a strong argument for the importance and utility of an evolutionary model and illuminating areas of future enquiry. This book will be crucial reading for students and scholars working in economic geography, international economics and development, business studies and management. Policymakers will also appreciate its insights into recent developments and relevant policy suggestions.Trade Review'Through the lens of an evolutionary approach to economics and economic geography, this book provides a fascinating insight on an old and recurring economic problem, that of the location choice of economic activities. This book elegantly offers perspectives that open the mind for thinking outside the traditional theoretical box and for searching for innovative solutions.' --Roberta Capello, Politecnico di Milano, ItalyTable of ContentsContents: Preface Foreword 1. Introduction 2. Theory 3. Supply chain economy 4. Market structure and location of production 5. Globalisation 6. International firms 7. Regional policy 8. Conclusions Bibliography Index

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Book SynopsisKey elements of the North American Free Trade Agreement (NAFTA) deal with temporary labor mobility. Ideally, NAFTA status provisions should make the temporary movement of professionals easier across the border of all NAFTA countries. However, in the case of emerging sectors such as high technology and the creative industries, it is arguably not the case. Within the context of recent literature on cross-border trade, city regions, economic clusters, international labor mobility, and post-September 11 security measures, this book probes the dynamics of transitory immigration of 'knowledge-workers' between the North American west coast city regions of Vancouver, Seattle, and the greater San Francisco Bay and Silicon Valley area, namely, Cascadia. With particular attention given to the experiences and strategies of the high tech firms that must move highly skilled workers across the Canada-US border, this book draws from 80 in-depth interviews with Canadian and US immigration officials, immigration attorneys and executives and professional staff of new technology firms and Fortune 500 companies. It develops and presents new models towards the development of an innovation cross border region, and recommends new policy approaches. Ultimately, it explores whether or not the Canada-US border is an impediment to the development of cross-border high-tech clusters. This comprehensive book will serve as a critical resource for academics in geography; political science; international relations; global studies; economics; international business and law. It will also strongly appeal to practitioners such as professional immigration lawyers, corporate firms, and governmental policy makers alike.Trade Review'Knowledge Borders is required reading for anyone engaged in the pervasive and mobile world of highly skilled workers in advanced technologies. Through a perceptive analysis of the intersection of the Canada-US border, with the technology economy in the Seattle-Vancouver corridor and Silicon Valley, this study evaluates the efficacy of the NAFTA in facilitating professional cross-border movement in the North American west coast region. Kathrine Richardson draws from deep understanding of how borders work, informed comparison with other cross-border trade regions, and extensive interviews to assess how firms, immigration officials and immigration attorneys interpret NAFTA provisions and tailor a regional skilled labor mobility regime.' --Victor Konrad, Carleton University, CanadaTable of ContentsContents: PART I GENERAL INTRODUCTION AND OVERVIEW 1. Introduction 2. Borders and the Movement of the Highly Skilled 3. The Cascadia region in its Wider Context Part II THE EMPIRICAL WORK 4. The Firms 5. The Immigration Officials 6. The Immigration Attorneys Part III THE CONCLUSION 7. Conclusion Index

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Book SynopsisRecent events, such as capital flow reversals and banking sector crises, have shaken faith in the widely held belief in the benefits of greater financial integration and financial deepening, which are typical in advanced economies. This book shows that emerging economies have occasionally weathered the storm best, despite the supposed burden of 'weak institutions'. Written by leading scholars and practitioners, the authors demonstrate that a better policy framework requires reliable indicators of vulnerability to financial instability. Using empirical evidence and case studies, the twelve chapters stress the necessity of improved policy tools and automatic stabilizers that anticipate and limit the vulnerabilities to financial crises. Cross-border capital flows, international reserves and foreign exchange markets are covered in depth.This timely book offers an insightful overview and policy solutions to the issues surrounding macroprudential regulation of economies in a globalized world. It is required reading for students and scholars of international finance and regulation.Contributors include: S. Cho, R. Cifuentes, S. Claessens, S.R. Ghosh, M.S. Gochoco-Bautista, J.-H. Hahm, A. Jara, D. Jeong, K.-C. Jung, D. Kang, J. Lee, J.-E. Lee, A. Mason, A. Munro, C. Nam, M. Reddell, C. Rhee, H.S. Shin, S. SuhTable of ContentsContents: 1. Introduction and Overview Dongsoo Kang and Andrew Mason 2. Macroprudential Policies: Indicators and Tools Hyun Song Shin 3. Business and Financial Cycles in Emerging Markets: Lessons for Macroprudential Policies Stijn Claessens and Swati R. Ghosh 4. Capital Controls: A Pragmatic Proposal Maria Socorro Gochoco-Bautista and Changyong Rhee 5. Irrational Expectations, Financial Amplification and Prudential Capital Controls Sangwon Suh and Jinsoo Lee 6. The Optimal International Reserves with Sudden Stop Risks Kyu-Chul Jung 7. International Reserves for Emerging Economies Jong-Eun Lee 8. Foreign Currency Liquidity Risk and Prudential Regulation of Banks Sungbin Cho and Joon-Ho Hahm 9. Investment Patterns of Foreign Bank Branches in Korea and Their Role in the Foreign Exchange Market Dongsoo Kang and Daehee Jeong 10. The Role of Reserves in a Small Open Economy: The Case of New Zealand Anella Munro and Michael Reddell 11. Facing Volatile Capital Flows: The Role of Exchange Rate Flexibility and Foreign Assets Rodrigo Cifuentes and Alejandro Jara 12. Risk Hedging in Korea’s Financial Markets: The Impacts of Foreign Investment Changwoo Nam Index

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Book SynopsisInteroperability of enterprises is one of the main requirements for economical and industrial collaborative networks. Enterprise interoperability (EI) is based on the three domains: architectures and platforms, ontologies and enterprise modeling. This book presents the EI vision of the “Grand Sud-Ouest” pole (PGSO) of the European International Virtual Laboratory for Enterprise Interoperability (INTEROP-VLab). It includes the limitations, concerns and approaches of EI, as well as a proposed framework which aims to define and delimit the concept of an EI domain. The authors present the basic concepts and principles of decisional interoperability as well as concept and techniques for interoperability measurement. The use of these previous concepts in a healthcare ecosystem and in an extended administration is also presented. Table of ContentsForeword ix Gérald SANTUCCI Introduction xv Bernard ARCHIMÈDE, Jean-Paul BOURRIÈRES, Guy DOUMEINGTS and Bruno VALLESPIR Chapter 1 Framework for Enterprise Interoperability 1 David CHEN 1.1 Introduction 1 1.2 Enterprise interoperability concepts 2 1.2.1 Interoperability barriers 2 1.2.2 Interoperability concerns 4 1.2.3 Interoperability approaches 7 1.3 Framework for Enterprise Interoperability 10 1.3.1 Problem space versus solution space 10 1.3.2 The two basic dimensions 10 1.3.3 The third dimension 11 1.3.4 Complementary dimensions 13 1.4 Conclusion and prospects 16 1.5 Bibliography 17 Chapter 2 Networked Companies and a Typology of Collaborations 19 Séverine BLANC SERRIER, Yves DUCQ and Bruno VALLESPIR 2.1 Introduction 19 2.2 Various types of collaboration between companies 19 2.2.1 Strategic alliances 20 2.2.2 Integrated logistics management 21 2.2.3 Network enterprise 23 2.2.4 Virtual organizations and clusters 30 2.2.5 Virtual communities 35 2.3 Classification of the various types of collaboration and interoperability 37 2.3.1 Long-term strategic collaboration 37 2.4 Conclusion 40 2.5 Bibliography 40 Chapter 3 Designing Natively Interoperable Complex Systems: An Interface Design Pattern Proposal 43 Vincent CHAPURLAT and Nicolas DACLIN 3.1 Introduction 43 3.2 Work program: context, problematic, hypothesis and expected contributions 45 3.3 Concepts 47 3.4 Interface design pattern model 55 3.5 Conclusion and further work 60 3.6 Appendix 62 3.7 Bibliography 63 Chapter 4 Software Development and Interoperability: A Metric-based Approach 67 Mamadou Samba CAMARA, Rémy DUPAS and Yves DUCQ 4.1 Introduction 67 4.2 Literature review 68 4.2.1 Literature of software requirements’ verification and validation 68 4.2.2 System state evolution 68 4.2.3 Interoperability literature review 69 4.2.4 The method for the validation and verification of interoperability requirements 70 4.2.5 Calculation of business process performance indicators from event logs 74 4.2.6 Event logs 75 4.3 Metric-based approach for software development and interoperability 78 4.3.1 Data collection framework for the validation and verification of interoperability requirements 78 4.3.2 Evaluation and improvement of available data 80 4.4 Application 81 4.4.1 Example 1 81 4.4.2 Example 2 82 4.5 Conclusion 82 4.6 Bibliography 82 Chapter 5 Decisional Interoperability 87 Nicolas DACLIN, David CHEN and Bruno VALLESPIR 5.1 Introduction 87 5.2 Decision-making 88 5.2.1 Definition 88 5.2.2 Decision-making in the GRAI model 90 5.2.3 Formal characterization of decision-making in the GRAI model 92 5.3 Decisional interoperability 95 5.3.1 Basic concepts 97 5.3.2 Design principles for decisional interoperability 98 5.3.3 Formal characterization of decisional interoperability 100 5.4 Conclusion 104 5.5 Bibliography 104 Chapter 6 The Interoperability Measurement 107 Nicolas DACLIN, David CHEN and Bruno VALLESPIR 6.1 Introduction 107 6.2 Models for evaluation of interoperability 109 6.3 Interoperability measurement 111 6.3.1 The potentiality measurement 111 6.3.2 Interoperability degree measurement 113 6.3.3 Performance measurement 116 6.4 Taking it further 125 6.5 Conclusion and prospects 126 6.6 Bibliography 127 Chapter 7 Interoperability and Supply Chain Management 131 Matthieu LAURAS, Sébastien TRUPTIL, Aurélie CHARLES, Yacine OUZROUT and Jacques LAMOTHE 7.1 Introduction 131 7.2 Supply chains interoperability needs 133 7.3 Various types of supply chain interoperability 134 7.4 The main logistic Information Systems to support interoperability 138 7.5 Main architectures to support logistic interoperability 143 7.6 SaaS applications revolutionize logistic interoperability 145 7.7 Conclusion 149 7.8 Bibliography 149 Chapter 8 Organizational Interoperability Between Public and Private Actors in an Extended Administration 151 Yacine BOUALLOUCHE, Raphaël CHENOUARD, Catherine DA CUNHA and Alain BERNARD 8.1 Introduction 151 8.2 Public–private network 152 8.3 Inter-organizational interoperability 154 8.4 Management framework for extended administration 157 8.5 Application to the “public clothing” function 159 8.6 Conclusion 161 8.7 Acknowledgments 161 8.8 Bibliography 162 Chapter 9 An Inventory of Interoperability in Healthcare Ecosystems: Characterization and Challenges 167 Elyes LAMINE, Wided GUÉDRIA, Ariadna RIUS SOLER, Jordi AYZA GRAELLS, Franck FONTANILI, Léonard JANER-GARCÍA and Hervé PINGAUD 9.1 Introduction 167 9.2 eHealth interoperability 170 9.3 Levels of interoperability in eHealth ecosystems 174 9.3.1 Technical interoperability 175 9.3.2 Semantic interoperability 177 9.3.3 Organizational interoperability 180 9.4 Survey of interoperability frameworks 184 9.4.1 eHealth European Interoperability Framework (eHeath EIF) 185 9.4.2 Health Information Systems Interoperability Framework (HIS-IF) 186 9.4.3 eHealth Interoperability Framework (eHealth IF) 187 9.4.4 Personal Health Systems framework 188 9.5 Discussion 190 9.5.1 Interoperability levels 192 9.5.2 Interoperability concerns 192 9.5.3 Interoperability approaches 193 9.5.4 Discussion 193 9.6 Conclusion and future work 194 9.7 Bibliography 195 9.8 Glossary 198 List of Authors 199 Index 203

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Book SynopsisThe purpose of this book is to draw up a picture of the transformations in the innovation systems induced by globalization - or globalization. We understand the latter as the existence of new macroeconomic solidarities. These are attested since about the middle of the 1980s, with the observation of a tripolar world drawn up by Kenichi Ohmae. The book intends to explain all theories of globalization, as well as to clarify its relations with innovation. It constitutes an unprecedented synthesis on this theme, illustrated by examples from many sectors of activity.Table of ContentsIntroduction ix Chapter 1. Globalization and Innovation: An Intellectual Landscape 1 1.1. Globalization: theoretical approaches 2 1.1.1. The “Supply” approach: Kenichi Ohmae 2 1.1.2. The “Political Action” approach: Zygmunt Bauman 5 1.1.3. The “system” approach: Ulrich Beck 8 1.1.4. Theoretical approaches before 1986 14 1.2. Industrial risks in the world: catastrophes 15 1.3. Work accidents around the world 18 1.4. Discussion 25 Chapter 2. Scaling Up 31 2.1. As societies choose 31 2.2. The sociotechnical system of the electric vehicle 33 2.2.1. Light vehicle design 34 2.2.2. Decisive factors in the electric vehicle’s acceptability 37 2.3. Inglehart’s postmaterialist values 40 2.3.1. Cultural values and the electric vehicle 41 2.3.2. Discussions and implications 47 2.4. Deployment of the electric vehicle and power relations 48 2.4.1. The role of territorial collectives 49 2.4.2. Ulrich Beck’s “cosmopolitan communities of climate risk” 50 2.4.3. Individuality with multiple affiliations (Beck) 53 2.4.4. Electromobility 54 2.4.5. Rural and urban areas in the history of electric distribution networks 56 2.4.6. Sustainable territorial strategies: limitations of strategies based on space rationalization 57 2.4.7. “Technological conservatism” versus the “emancipatory catastrophe” 58 2.4.8. Where and how do climate risk communities emerge? 62 2.4.9. Efficiency of local policies 63 2.4.10. The spread of the hydrogen vehicle 64 2.5. The primary electric vehicle markets 66 2.5.1. Pioneering markets 68 2.5.2. Emerging markets 69 2.5.3. Renewal markets 70 Chapter 3. Born Global 73 3.1. Definition 73 3.2. The two worlds of born global organizations 78 3.2.1. Born global firms in regions with a majority of local entrepreneurship 80 3.2.2. Born global firms in open regions 81 3.2.3. A convergence of organizational form 83 3.3. The born global organization: a new paradigm 84 3.3.1. Redesign of the theoretical bases: intellectual rights, learning, intercultural distance 86 3.3.2. An entrepreneurial paradigm of simplicity 87 3.4. Collaborative economics and born global organizations 89 3.4.1. Creative destruction? 90 3.4.2. Collaborative economics and the dynamics of civic spirit 92 3.5. An economy of remoteness 96 3.5.1. Birth of the unicorn 97 3.5.2. The benefits of remoteness 98 Chapter 4. Penpushers and Hotheads 101 4.1. The curse of the company leader 101 4.2. The behavioral finance of attractiveness 103 4.2.1. Models with “heuristics and biases” 104 4.2.2. Models with preference formation 106 4.2.3. Coordination models 107 4.2.4. Argument and limits 108 4.3. The behavioral finances of venture capital 109 4.3.1. Models with heuristics and biases 112 4.3.2. Preference formation models 116 4.3.3. Coordination outside the market 117 4.3.4. The contribution of behavioral approaches to the analysis of venture capital 119 Chapter 5. Innovation and Freedom of Circulation 121 5.1. From the dilemma to the trilemma of Myrdal 121 5.1.1. Innovation systems in globalization: a comparison of 1997/2017 123 5.1.2. Common markets: two, three and four freedoms 125 5.1.3. Innovation, spatial or social segregation in common markets 128 5.2. Multilateral management 133 5.2.1. Migration, wage and commerce: a review of the literature 135 5.2.2. Citizenship around the world 139 5.2.3. Institutional outlines of multilateral management 147 5.2.4. Citizenship and innovation 148 Conclusion 153 Bibliography 171 Data sources 189 Index 193

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Book SynopsisThe concepts of innovation and export are traditionally considered in isolation, both within companies and within the support organizations dedicated to them. As a result, within this broad research field, very little academic work has focused on how to implement their relationship at an operational level. This book proposes a joint diagnostic tool for SMEs, highlighting good practices to be mastered in order to simultaneously improve innovation and export performance, in the form of a virtuous circle. Innovation and Export focuses on the integration of innovation and export into the strategic management of SMEs, for which the use of synergies is a powerful lever to overcome any difficulties in mobilizing significant resources.Table of ContentsAcknowledgments ix Introduction xi Part 1 The Relationship between Innovation and Export in SMEs 1 Chapter 1 The Innovation–Export Relationship: A Complex Vision 3 1.1 The innovation–export link: a controversial debate 4 1.1.1 In the industrial world: a compartmentalized vision 4 1.1.2 In the academic world: a causalist vision questioned 8 1.2 Towards a paradigm shift 16 1.2.1 Moving from analytical thinking to complex thinking 16 1.2.2 Theoretical framework: articulation of mobilized theories 21 1.2.3 The application of the complexity paradigm to SME innovation and export activities 30 Chapter 2 Joint Innovation–Export Best Practices 37 2.1 The construction of a theoretical frame of reference 37 2.1.1. Identifying innovation practices: the potential innovation index (PII) 38 2.1.2 Identification of export practices 41 2.1.3 Towards a joint reference system 44 2.2 What about the field? 55 2.2.1 Presentation of the consulted companies and method 57 2.2.2 Highlighting synergies 59 2.2.3 Discussions 65 Part 2 PE2I, or How to Model Synergies 67 Chapter 3 Design of a Joint Diagnosis Dedicated to SMEs: The PE2I 69 3.1 The methodological framework 69 3.1.1 The methodological background 70 3.1.2 The methodological tools used 72 3.1.3 PII and PEI as a basis for development 74 3.2 The construction of the PE2I 78 3.2.1 Step 1: create a maturity profile 78 3.2.2 Step 2: weighting and characterization of the evaluation model using multi-criteria analysis tools 80 3.2.3 Step 3: identify customized improvement paths 84 Chapter 4. Implementation of the PE2I: Test with French SMEs .. 87 4.1 Experimental panel and methodology 87 4.1.1 Presentation of the panel 88 4.1.2 The conduct of the interviews 89 4.2 Presentation of results and observations 91 4.2.1 Case 1: company 1 91 4.2.2 Case 2: company 2 96 4.2.3 Case 3: company 3 99 4.2.4 Case 4: company 4 103 4.2.5 Case 5: company 5 106 4.2.6 Case 6: company 6 110 4.3 Assessment 113 Chapter 5 Feedback on the PE2I Tool 115 5.1 The advantages and limitations of the PE2I tool 115 5.1.1 A customizable pedagogical representation tool 115 5.1.2 Operational difficulties 117 5.2 Prospects for improvement 120 5.2.1 Operationalizing the evaluation: reconciling the constraints of the field 121 5.2.2 Contextualization of the recommendation system: taking into account differentiating factors 123 5.2.3 Proposing evidence-based recommendations: an operational action plan to promote synergies 126 Conclusion 129 References 141

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Book SynopsisIn the age of globalisation, goods, services, labour and capital are crossing international borders on a scale never before known. They are creating a nationless market. Governed by both the invisible hand of business and interest and the visible hand of authority and direction, a world market can be a free-for-all, but it can also be constrained by the national interest of countries that differ greatly in their social institutions and material circumstances. This book provides a lucid and comprehensive account of contemporary international political economy. Beginning with the ideological underpinnings, it examines the globalisation of trade in goods and services and labour and capital. It relates the free economic market to social consensus and political regulation, both within sovereign countries and at the supra-national level. The book is comprehensive and interdisciplinary, incorporating philosophical, political, social and economic insights on an international scale and applying them directly to the ongoing phenomenon of globalisation. Topical and non-nation specific, it covers the WTO, EU, the transfer of technology, the multinational corporation, the exchange rate, free versus regulated trade, the status of agreements and blocs, as well as contemporary issues such as populism, xenophobia and rapid economic growth in both rich and poor nations. Accessible to specialists, students and the informed reader alike, State and Trade offers wide-ranging analysis of the politics of trade in goods and services, international investment and the migration of labour across the globe.Trade Review'State and Trade is a concise, comprehensive, and insightful assessment of international political economy (IPE) in the 21st century. Its balanced perspective is appropriate for students, and the crisp, original writing style, with thoughtful side comments, will attract scholars and experts alike.' --David A. Deese, Yale University and Boston College, USTable of ContentsContents: 1. The earth is flat 2. Science and ideology 3. The National Interest 4. Collective Action 5. Goods and Services 6. Agreements and Blocs 7. Development and Trade 8. The Multinational Enterprise 9. International Liquidity 10. Money without Borders Index

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Book SynopsisMonetary problems are important and widely debated, but the complexity of the international monetary system and the disparate systems that make it up gives rise to many fallacies about the inner workings of these systems. When shared by those who decide economic and monetary policies, these fallacies can have damaging consequences. This book provides a rigorous and approachable analysis of these systems and consequences, providing the keys to untangling and understanding their mechanisms and influence.A clear understanding of the working of monetary systems becomes an indispensable decision-making tool when it comes to pressing questions about reform and issues of global debate such as whether a country should join (or leave) the Eurozone or attempts to cure the so-called 'balance of payments problems'. Starting from basic concepts, Pascal Salin progressively builds upon his analysis of monetary systems in a coherent and easily readable way, drawing on the most reliable theoretical contributions from research and giving examples of lessons that can be drawn from this rigorous examination of topics including devaluations, fixed and flexible exchange rates, monetary integration, monetary crises, monetary policy, and more. His clear, orderly style pares down accumulated details and theories to leave a concise and usable toolkit for analysis and action.This book makes it possible for anyone, starting from scratch, to come to a comprehensive understanding of the working of monetary systems. Students and scholars in economics as well as policy makers and practitioners will find this lucid volume an important resource and reference, as it provides intellectual instruments to evaluate the working of any monetary system.Trade Review‘. . . The International Monetary System and the Theory of Monetary Systems is replete with well-grounded arguments and thought-provoking insights. It is thus both a useful and distinctive resource for economics scholars and students, and an intellectually compelling journey into the principles of domestically sound currencies, and into how to build sound international monetary systems..’ -- Carmen Elena Dorobat, ?Quarterly Journal of Austrian EconomicsTable of ContentsContents: PART I BASIC STATEMENTS AND ANALYSES 1. The Concept of Nation 2. The Theory of Exchange 3. Equilibrium and Disequilibrium 4. The Demand for Money 5. Money Creation 6. The Exchange Rate 7. An Overview of Monetary Systems and Exchange Rate Regimes PART II THE BALANCE OF PAYMENTS 8. The Accounting Approach to the Balance of Payments 9. The Economic Approach to the Balance of Payments 10. Lessons from the Analysis of the Balance of Payments PART III INTERNATIONAL MONETARY EQUILIBRIUM IN MODERN MONETARY SYSTEMS 11. Money Creation in Hierarchical Systems 12. Inflation, a Monetary Phenomenon 13. The Formation of International Prices 14. General Principles about the Working of Fixed Exchange Rate Systems and Flexible Exchange Rate Systems 15. The Monetary Approach to the Balance of Payments (Under Fixed Exchange Rates) 16. The Processes of Transmission Between Monetary Systems Under Fixed Exchange Rates 17. International Monetary Equilibrium Under Fixed Exchange Rates 18. The Monetary Approach to Exchange Rate Variations 19. The Devaluation PART IV MONETARY PROBLEMS 20. The Very Long Term Evolution of Monetary Systems 21. The Working of Fixed Rate Systems Without an International Currency 22. Monetary Policy and Monetary Crises 23. Monetary Integration in Europe Conclusion : The Future Of Monetary Systems References Index

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Book SynopsisAnyone trying to understand finance has to contend with the evolving and dynamic nature of the topic. Changes in economic conditions, regulations, technology, competition, globalization, and other factors regularly impact the development of the field, but certain essential concepts remain key to a good understanding. This book provides insights about the most important concepts in finance. Drawing from a broad background in finance, Benton Gup has brought together sixteen chapters written by leading academics and professionals to deal with topics including Bitcoin, cyber security, banking, corporate governance, state vs. private ownership, pension plans, interest rates, multi-asset investing, real estate, US and Islamic banking, and other issues that have a direct impact on the field, its practitioners and scholars trying to make sense of it. This book covers timely issues in a way that academics, regulators, investors, and bankers will find relevant and useable.Contributors include: P. Agrrawal, S. Aliyu, J.R. Barth, J. Brodmann, R.P. DeGennaro, G.P. Dwyer, B. Faulk, W. Faulk, M.J. Flannery, M.B. Frye, T.J. Gallagher, S.B. Guernsey, B.E. Gup, M.K. Hassan, M.A. Hines, J.S. Jahera, Jr., K.N. Johnson, S. Joo, T. Lutton, M.B. McDonald, W.L. Megginson, S.L. SchwarczTable of ContentsContents: Preface 1. What is Money? From Commodities to Virtual Currencies/Bitcoin Benton E. Gup 2. Blockchain: A Primer Gerald P. Dwyer 3. Innovating To New Heists: Regulating Cyber Threats in the Financial Services Industry Kristin N. Johnson 4. An Overview of Corporate Governance Melissa B. Frye 5. Regulating Corporate Governance in the Public Interest: The Case of Systemic Risk Steven L. Schwarcz 6. Who’s Winning the Big Match? Surveying State Versus Private Ownerships Effect on Corporate Value and Policy Scott B. Guernsey and William L. Megginson 7. Interest Rates Tim Gallager 8. Insights From Corporate Life Cycles Benton E. Gup 9. Multi-Asset Investing: Beyond the 60-40 Ball Park Pankaj Agrrawal 10. Risk And The Probability of Insolvency: A Regulatory Perspective Betsy Faulk, Walter H. Faulk, and Thomas Lutton 11. An Economic Perspective of Big Banks Benton E. Gup 12. International Real Estate Investment Mary Alice Hines 13. The State of Pension Plans: Challenges Ahead James R. Barth, John S. Jahera Jr. and Sunghoon Joo 14. An Introduction to Islamic Banking and Finance M. Kabir Hassan, Sirajo Aliyu and Jennifer Brodmann 15. Stabilizing Large Financial Institutions with Contingent Capital Certificates. Mark J. Flannery 16. The State of Research and the Economic Environment in Small-Firm Finance Ramon P. DeGennaro and Michael B. McDonald IV Index

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Book SynopsisThis timely research review analyses a broad selection of important readings from the existing literature addressing several fundamental questions about recessions. These include what a recession is, the causes and effects of recessions, how to identify and predict recessions, and how to manage the associated risks. The review offers a general overview of the subject, detailed analysis of the readings, discussion of policy implications and acknowledgment of the areas where further research is required, proving itself to be an invaluable source of reference for academics, scholars and practitioners alike.Trade Review‘This two-volume project contains an excellent collection of the leading articles on the economics of recessions that will be very useful to researchers in macroeconomics and students in Ph.D. programs. It is well organized with the appropriate set of topics and accompanied by a well written editorial introduction which provides provides a nice summary of the literature and puts the papers in perspective.’ -- Frederic S. Mishkin, Columbia Business School, USTable of ContentsContents: Introduction Arturo Estrella PART I WHAT IS A RECESSION? 1. Geoffrey H. Moore (1967), ‘What is a Recession?’, American Statistician, 21 (4), October, 16–9 2. Allan P. Layton and Anirvan Banerji (2003), ’What is a Recession?: A Reprise’, Applied Economics, 35 (16), 1789–97 3. Arthur F. Burns and Wesley C. Mitchell (1946), ‘Working Plans’, in Measuring Business Cycles, Chapter 1, New York, NY, USA: National Bureau of Economic Research, 3–22 4. Arthur F. Burns and Wesley C. Mitchell (1946), ‘Dating Specific and Business Cycles’, in Measuring Business Cycles, Chapter 4, New York, NY, USA: National Bureau of Economic Research, 56–114 5. Geoffrey H. Moore (1958), ‘Measuring Recessions’, Journal of the American Statistical Association, 53 (282), June, 259–316 6. James D. Hamilton (1989), ‘A New Approach to the Economic Analysis of Nonstationary Time Series and the Business Cycle’, Econometrica, 57 (2), March, 357–84 7. Michael D. Boldin (1994), ‘Dating Turning Points in the Business Cycle’, Journal of Business, 67 (1), January, 97–131 8. Don Harding and Adrian Pagan (2003), ‘A Comparison of Two Business Cycle Dating Methods’, Journal of Economic Dynamics and Control, 27 (9), July, 1681–90 9. João Victor Issler and Farshid Vahid (2006), ‘The Missing Link: Using the NBER Recession Indicator to Construct Coincident and Leading Indices of Economic Activity’, Journal of Econometrics, 132 (1), May, 281–303 10. James H. Stock and Mark W. Watson (2010), ‘Indicators for Dating Business Cycles: Cross-History Selection and Comparisons’, American Economic Review: Papers and Proceedings, 100 (2), May, 16–9 PART II WHAT CAUSES RECESSIONS? 11. Christina D. Romer and David H. Romer (1989), ‘Does Monetary Policy Matter? A New Test in the Spirit of Friedman and Schwartz’, in Olivier Jean Blanchard and Stanley Fischer (eds), NBER Macroeconomics Annual 1989, Cambridge, MA, USA and London, UK: MIT Press, 121–70 12. Ben S. Bernanke, Mark Gertler and Mark Watson (1997), ‘Systematic Monetary Policy and the Effects of Oil Price Shocks’, Brookings Papers on Economic Activity, 1997 (1), 91–157 13. Christopher A. Sims and Tao Zha (2006), ‘Does Monetary Policy Generate Recessions?’, Macroeconomic Dynamics, 10 (2), April, 231–72 14. Marvin Goodfriend (2007), ‘How the World Achieved Consensus on Monetary Policy’, Journal of Economic Perspectives, 21 (4), Fall, 47–68 15. Tobias Adrian and Arturo Estrella (2008), ‘Monetary Tightening Cycles and the Predictability of Economic Activity’, Economics Letters, 99 (2), May, 260–64 16. Christopher Allsopp and David Vines (2005), ‘The Macroeconomic Role of Fiscal Policy’, Oxford Review of Economic Policy, 21 (4), Winter, 485–508 17. Gary D. Hansen and Edward C. Prescott (1993), ‘Did Technology Shocks Cause the 1990-1991 Recession?’, American Economic Review: Papers and Proceedings, 83 (2), May, 280–86 18. Giovanni Caggiano, Efrem Castelnuovo and Nicolas Groshenny (2014), ‘Uncertainty Shocks and Unemployment Dynamics in U.S. Recessions’, Journal of Monetary Economics, 67, October, 78–92 19. Charlotte Christiansen (2013), ‘Predicting Severe Simultaneous Recessions Using Yield Spreads as Leading Indicators’, Journal of International Money and Finance, 32, February, 1032–43 PART III HOW DO RECESSIONS END? 20. John B. Taylor (1993), ‘Discretion versus Policy Rules in Practice’, Carnegie-Rochester Conference Series on Public Policy, 39, December, 195–214 21. Paul Krugman (2005), ‘Is Fiscal Policy Poised for a Comeback?’, Oxford Review of Economic Policy, 21 (4), Winter, 515–23 22. Alan J. Auerbach and Yuriy Gorodnichenko (2012), ‘Measuring the Output Responses to Fiscal Policy’, American Economic Journal: Economic Policy, 4 (2), May, 1–27 PART IV THE EFFECTS OF RECESSION: LABOR MARKETS 23. John Roberts (1987), ‘An Equilibrium Model with Involuntary Unemployment at Flexible, Competitive Prices and Wages’, American Economic Review, 77 (5), December, 856–74 24. Kenneth Clark, Derek Leslie and Elizabeth Symons (1994), ‘The Costs of Recession’, Economic Journal, 104 (422), January, 20–36 25. Truman Bewley (1999), ‘Work Motivation’, Federal Reserve Bank of St. Louis Review, 81 (3), May–June, 35–49 26. Lisa B. Kahn (2010), ‘The Long-Term Labor Market Consequences of Graduating from College in a Bad Economy’, Labour Economics, 17 (2), April, 303–16 27. Steven J. Davis and Till von Wachter (2011), ‘Recessions and the Costs of Job Loss’, Brookings Papers on Economic Activity, 2011 (2), Fall, 1–55 Volume II Contents: Introduction An introduction to both volumes by the editor appears in Volume I PART I THE EFFECTS OF RECESSION: OTHER SYSTEMIC EFFECTS 1. Min Ouyang (2009), ‘The Scarring Effect of Recessions’, Journal of Monetary Economics, 56 (2), March, 184–99 2. Arturo Estrella (2004), ‘The Cyclical Behavior of Optimal Bank Capital’, Journal of Banking and Finance, 28 (6), June, 1469–98 3. Alessandro Beber and Michael W. Brandt (2010), ‘When it Cannot Get Better or Worse: The Asymmetric Impact of Good and Bad News on Bond Returns in Expansions and Recessions’, Review of Finance, 14 (1), January, 119–55 4. Kyle Bagwell and Robert W. Staiger (1997), ‘Collusion over the Business Cycle’, RAND Journal of Economics, 28 (1), Spring, 82–106 5. Gadi Barlevy (2002), ‘The Sullying Effect of Recessions’, Review of Economic Studies, 69 (1), January, 65–96 6. Kwan Ok Lee and Gary Painter (2013), ‘What Happens to Household Formation in a Recession’, Journal of Urban Economics, 76, July, 93–109 7. Elizabeth A.M. Searing (2013), ‘Love Thy Neighbor? Recessions and Interpersonal Trust in Latin America’, Journal of Economic Behavior and Organization, 94, October, 68–79 8. Paola Giuliano and Antonio Spilimbergo (2014), ‘Growing Up in a Recession’, Review of Economic Studies, 81 (2), April, 787–817 9. Alexandra Graddy-Reed and Maryann P. Feldman (2015), ‘Stepping Up: An Empirical Analysis of the Role of Social Innovation in Response to an Economic Recession’, Cambridge Journal of Regions, Economy and Society, 8 (2), July, 293–312 10. Christopher J. Ruhm (2000), ‘Are Recessions Good for Your Health?’, Quarterly Journal of Economics, 115 (2), May, 617–50 11. Jan Boone and Jan C. van Ours (2006), ‘Are Recessions Good for Workplace Safety?’, Journal of Health Economics, 25 (6), November, 1069–93 12. Melissa McInerney and Jennifer M. Mellor (2012), ‘Recessions and Seniors’ Health, Health Behaviors, and Healthcare Use: Analysis of the Medicare Current Beneficiary Survey’, Journal of Health Economics, 31 (5), September, 744–51 13. Ehsan Latif (2014), ‘The Impact of Recession on Drinking and Smoking Behaviours in Canada’, Economic Modelling, 42, October, 43–56 PART II FORECASTING RECESSIONS 14. James H. Stock and Mark W. Watson (1989), ‘New Indexes of Coincident and Leading Economic Indicators’, in Olivier Jean Blanchard and Stanley Fischer (eds), NBER Macroeconomics Annual 1989, Cambridge, MA, USA and London, UK: MIT Press, 351–94 15. Arturo Estrella and Gikas A. Hardouvelis (1991), ‘The Term Structure as a Predictor of Real Economic Activity’, Journal of Finance, XLVI (2), June, 555–76 16. Benjamin M. Friedman and Kenneth N. Kuttner (1993), ‘Why Does the Paper-Bill Spread Predict Real Economic Activity?’, in James H. Stock and Mark W. Watson (eds), Business Cycles, Indicators, and Forecasting: National Bureau of Economic Research, Studies in Business Cycles, Volume 28, Chapter 5, Chicago, IL, USA and London, UK: University of Chicago Press, 213–53 17. Arturo Estrella and Frederic S. Mishkin (1997), ‘The Predictive Power of the Term Structure of Interest Rates in Europe and the United States: Implications for the European Central Bank’, European Economic Review, 41 (7), July, 1375–1401 18. Arturo Estrella and Frederic S. Mishkin (1998), ‘Predicting U.S. Recessions: Financial Variables as Leading Indicators’, Review of Economics and Statistics, 80 (1), February, 45–61 19. Henri Bernard and Stefan Gerlach (1998), ‘Does the Term Structure Predict Recessions? The International Evidence’, International Journal of Finance and Economics, 3 (3), July, 195–215 20. Arturo Estrella, Anthony P. Rodrigues and Sebastian Schich (2003), ‘How Stable is the Predictive Power of the Yield Curve? Evidence from Germany and the United States’, Review of Economics and Statistics, 85 (3), August, 629–44 21. Arturo Estrella (2005), ‘Why Does the Yield Curve Predict Output and Inflation?’, Economic Journal, 115 (505), July, 722–44, A1–A2 22. Agustin Duarte, Ioannis A. Venetis and Ivan Paya (2005), ‘Predicting Real Growth and the Probability of Recession in the Euro Area Using the Yield Spread’, International Journal of Forecasting, 21 (2), April–June, 261–77 23. Arturo Estrella and Mary R. Trubin (2006), ‘The Yield Curve as a Leading Indicator: Some Practical Issues’, Federal Reserve Bank of New York: Current Issues in Economics and Finance, 12 (5), July/August, 1–7 24. Charlotte Christiansen, Jonas Nygaard Eriksen and Stig Vinther Møller (2014), ‘Forecasting US Recessions: The Role of Sentiment’, Journal of Banking and Finance, 49, December, 459–68 25. John C. Bluedorn, Jörg Decressin and Marco E. Terrones (2016), ’Do Asset Price Drops Foreshadow Recessions?’, International Journal of Forecasting, 32 (2), April–June, 518–26 26. Marcelle Chauvet and Simon Potter (2005), ‘Forecasting Recessions Using the Yield Curve’, Journal of Forecasting, 24 (2), March, 77–103 27. Heikki Kauppi and Pentti Saikkonen (2008), ‘Predicting U.S. Recessions with Dynamic Binary Response Models’, Review of Economics and Statistics, 90 (4), November, 777–91 28. Pär Österholm (2012), ‘The Limited Usefulness of Macroeconomic Bayesian VARs When Estimating the Probability of a US Recession’, Journal of Macroeconomics, 34 (1), March, 76–86 29. Glenn D. Rudebusch and John C. Williams (2009), ‘Forecasting Recessions: The Puzzle of the Enduring Power of the Yield Curve’, Journal of Business and Economic Statistics, 27 (4), October, 492–503 PART III IDENTIFYING RECESSIONS IN REAL TIME 30. Marcelle Chauvet and Jeremy Piger (2008), ‘A Comparison of the Real-Time Performance of Business Cycle Dating Methods’, Journal of Business and Economic Statistics, 26 (1), January, 42–9 31. James D. Hamilton (2011), ‘Calling Recessions in Real Time’, International Journal of Forecasting, 27 (4), October–December, 1006–26 PART IV MANAGING THE INDIVIDUAL RISKS OF RECESSION 32. James Ang and Adam Smedema (2011), ‘Financial Flexibility: Do Firms Prepare for Recession?’, Journal of Corporate Finance, 17 (3), June, 774–87 33. Ricardo J. Caballero and Mohamad L. Hammour (1994), ‘The Cleansing Effect of Recessions’, American Economic Review, 84 (5), December, 1350–68 Index

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