International economics Books

Book SynopsisIf there is a single message that emerges from the wonderful essays contained in this volume, it is that economics is hard. The fact that virtually all economists agree on a handful of simple truths that describe the marketplace belies the fact that, when push comes to shove, dynamic economic processes are notoriously difficult to understand and control. The Economic Crisis in Retrospect provides the reader with a window into how some of the most perceptive economic thinkers of the last two centuries have wrestled with these issues.'- Steven G. Medema, University of Colorado, US'When the financial crisis hit, Ben Bernanke defended the economics profession by arguing that economists such as Bagehot and Thornton had a complete analysis of financial crises. Unfortunately, until the crisis hit, most economics students had never heard of, let alone read, either. That's sad, and this book provides an excellent entrée into past economists' insights and how they relate to the financial crisis. It is a useful read.'- David C. Colander, Middlebury College, US'With apologies to Santayana. . . this excellent work shows that those who can remember past economic thought are condemned to repeat the insights of major economic thinkers and show their relevance by applying them to contemporary economic issues.'- Steven Pressman, Monmouth University, USAs the United States continues its slow recovery from the global financial crisis of 2008, politicians, policymakers and academics are increasingly turning to the lessons of history to gain insight into how we might address both current and future economic challenges. This volume offers contributions by eminent economists and historians, each commenting on the theories of a particular 20th century economist and the ways in which those theories apply to modern economic thought.Presented in rough chronological order of the lives of the featured economists, these chapters tackle a number of major economic issues, including the role of central banks, monetary and fiscal policy, government spending, entrepreneurship and financial innovation. The contributors apply the theories of Walter Bagehot, Thorstein Veblen, John Maynard Keynes, Joseph Schumpeter and Friedrich Hayek to these and other crucial topics, offering both comprehensive historical analysis and vital insights into the modern US and world economies. Two additional chapters on the Great Depression and US monetary and fiscal history round out this critical collection.Students and professors of all economic disciplines will find much to admire in this fascinating volume, as will anyone with an interest in economics both past and present.Contributors: B. Bateman, B. Caldwell, R.N. Langlois, P. Mehrling, R. Prasch, T.J. Sargent, P. Temin, G.P. West III, R.M. WhaplesTrade ReviewThis readable, well-written volume is an excellent resource for both undergraduate and graduate students interested in the history of economic ideas and the history of economic thought. Policy makers and politicians would also benefit tremendously from reading this work... Highly recommended. --S. Adjibolosoo, ChoiceTable of ContentsContents: 1. Insights for Today’s Trying Economic Times Robert M. Whaples and G. Page West III 2. Insights from Walter Bagehot Perry Mehrling 3. Insights from Thorstein Veblen Robert Prasch 4. Insights from John Maynard Keynes Bradley Bateman 5. Insights from the Great Depression Peter Temin 6. Insights from Joseph Schumpeter Richard N. Langlois 7. Insights from Friedrich Hayek Bruce Caldwell 8. Drawing Lines in US Monetary and Fiscal History Thomas J. Sargent Index

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Book SynopsisThis book provides rankings of national competitiveness alongside a series of sophisticated and specific guidelines for enhancing national competitiveness. Existing national competitiveness studies are often flawed since they are not based on rigorous models and appropriate methodologies. In this study, theoretical and methodological problems in existing studies are tackled and a series of tools for assessing national competitiveness is presented. The foundation underpinning the analysis is the MASI (Measure-Analyze-Simulate-Implement) approach, which is used to systematically address policy implications for enhancing national competitiveness. The data and analytical tools can also be utilized for other areas of study, including industry and firms, and intra-group rankings allow cross-country comparison among countries with similar characteristics. Specific guidelines for enhancing national competitiveness are also prescribed.This wide-ranging, comprehensive book will prove an essential reference tool for academics and researchers in the fields of international business and international economics. Both business and public-sector practitioners will also find this book to be a source of invaluable information on competition in investment locations and for setting benchmarks against leading country competitors.Contents: 1. User Guide 2. Highlights 3. Conceptual Framework and Analytical Methodologies 4. Application of MASI: Korea 5. Factor-level Analysis 6. Analysis of Nine Groups 7. Analysis of Special Topics 8. Country Profiles Appendix References IndexTable of ContentsContents: 1. User Guide 2. Highlights 3. Conceptual Framework and Analytical Methodologies 4. Application of MASI: Korea 5. Factor-level Analysis 6. Analysis of Nine Groups 7. Analysis of Special Topics 8. Country Profiles Appendix References Index

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Book SynopsisThis book provides a detailed analysis of major legal and public policy issues arising from the Trans-Pacific Partnership Agreement (TPP) - a treaty that will dramatically change the landscape of international trade, with effects that will be felt on a global scale.Experts from a range of backgrounds around the world provide perspectives on the significance and likely impact of the agreement, and in particular its implications for national regulatory autonomy. The chapters cover cross-cutting issues such as development, health and the environment, as well as more specific areas such as agriculture and services, and controversial questions of intellectual property, investment and dispute settlement under the agreement.With an analytical focus on broad principles and enduring issues arising from the TPP, this informative book will appeal to academics, government advisors, NGOs, and students of law, economics, and international relations. Legal practitioners will also find much of interest in this book.Contributors: W.-M. Choi, D. Elms, D. Kotlowitz, M. Lewis, J. Meltzer, A. Mitchell, J. Munro, R. Polanco, M. Rimmer, L. Trakman, T. Voon, K. WeatherallTrade ReviewProfessor Tania Voon has assembled a stellar team of authors to produce one of the first collections analysing the Trans-Pacific Partnership (TPP) - the world's most important and perhaps controversial contemporary trade agreement - from the legal perspective. Written and published before the conclusion of the negotiations, the collection provides preliminary analysis of the broader legal and policy issues at play during the negotiations. These issues will undoubtedly remain important following the conclusion of the negotiations. The snapshot provided by this collection will remain valuable long after the TPP comes into force. --Bryan Mercurio, The Chinese University of Hong KongTable of ContentsContents: 1. Introduction: National Regulatory Autonomy and the Trans-Pacific Partnership Agreement Tania Voon 2. Coping with Proliferating Preferential Rules of Origin and the TPP’s Role in their Harmonisation Won-Mog Choi 3. The Trans-Pacific Partnership Agreement and Development Meredith Kolsky Lewis 4. The TPP as a Case Study of Changing Dynamics for International Intellectual Property Negotiations Kimberlee Weatherall 5. Plain Packaging for the Pacific Rim: Tobacco Control and the Trans-Pacific Partnership Matthew Rimmer 6. Agriculture and the Trans-Pacific Partnership Negotiations Deborah Elms 7. Services in the TPP: A Case Study of Telecommunications Danny Kotlowitz and Tania Voon 8. State-State Dispute Settlement under the Trans-Pacific Partnership Agreement Andrew D Mitchell and James Munro 9. Investor-State Dispute Settlement under the Trans-Pacific Partnership Agreement Leon E Trakman 10. The Trans-Pacific Partnership Agreement, the Environment and Climate Change Joshua P Meltzer 11. The Trans-Pacific Partnership Agreement and Regulatory Coherence Rodrigo Polanco Bibliography Index

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Book SynopsisLittle is known about the volume of international recycling in Asia, the problems caused and the struggle to properly manage the trade. This pathbreaking book addresses this gap in the literature, and provides a comprehensive overview of the international trade flow of recyclable waste in Asia and related issues.The expert contributors discuss the various types of recyclable waste that Asian countries import, and illustrate that there are consequently higher numbers of cheaper informal recyclers with lower pollution control costs than formal recyclers with more expensive but environmentally sound technologies. They explore how governments across China, Vietnam, South Korea and Japan are therefore struggling to minimize the negative impact from informal recycling via trade regulation of recyclable and hazardous waste and comprehensive cooperation mechanisms to promote efficient use of resources. Preventive measures against illegal and/or improper transboundary movement of hazardous waste in Asia are also analyzed.This unique and fascinating book aims to facilitate a common understanding of the issues caused by international recycling in Asia to encourage effective international and regional cooperation in order to establish a sound recycling system. As such, it will prove an invaluable resource to academics, researchers and students with an interest in Asian studies, economics, environmental studies, international economics and industrial economics.Contributors: V. Atienza, S. Chung, M. Kojima, E. Michida, S. Sakata, S. Sasaki, T. Terao, J. Tsuruta, A. YoshidaTable of ContentsContents: Preface Michikazu Kojima 1. Issues Relating to the International Trade of Second-hand Goods, Recyclable Waste, and Hazardous Waste Michikazu Kojima 2. International Trade of Recyclables and Policies to Support their Sustainable Use in Asia Etsuyo Michida 3. Recyclable Waste Trade of Mainland China Aya Yoshida 4. Import of Recyclables and Environmental Pollution in Vietnam: A New Dilemma of Development Shozo Sakata 5. South Korea’s Approach to Transboundary Waste Management: Experiences and Lessons Learned Sungwoo Chung 6. Challenges in the Waste Management System in the Era of Globalization: The Case of the Philippines Vella Atienza 7. Japanese Implementation of the Basel Convention and its Problems Jun Tsuruta 8. Impact of the Raw Material Import Duty Reduction System on International Waste Trading So Sasaki 9. Lessons Learned from Illegal Transboundary Movement of Hazardous Waste in Asia Michikazu Kojima, Aya Yoshida, So Sasaki and Sungwoo Chung 10. From Shipbreaking to Ship Recycling: Relocation of Recycling Sites and the Expansion of International Involvement Tadayoshi Terao 11. Toward Efficient Resource Utilization in the Asian Region Michikazu Kojima Index

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Book SynopsisThis book addresses a largely unresolved mirror question. Does migration cause development or the other way around? As the contributors show, the compromise idea that they are mutually constitutive depends on a careful examination of the forms of migration (temporary, circular, permanent or return), the role of the destination and origin states and the ways in which remittance income has been deployed. Robert Lucas has assembled an excellent team of established and up-and-coming economists who address these issues in this instructive Handbook.'- Robin Cohen, University of OxfordMigration and economic development are mutually linked. Development is a catalyst for migration and vice versa. However, the signs of causal links in both directions remain widely disputed, prompting questions about the reciprocity between the two.This Handbook summarizes the state of thinking and presents new evidence on various links between international migration and economic development, with particular reference to lower-income countries. The connections between trade, aid and migration are critically examined through global case studies. Some of the topics covered include:- a review of European states' co-development strategies to limit immigration and redirect remittances- an exploration of the role of the diaspora in transferring technology and stimulating trade- an examination of the economic roots of international terrorism.The various chapters extend our frontiers of understanding with fresh evidence, providing a useful reference point for researchers, students and policymakers interested in development and migration.Contributors include: C. Carletto, M.A. Clemens, J. Crush, P. Derin-Güre, J. Gibson, F. Gubert, A.M. Ibáñez, O. Ivus, F. Kondylis, J. Larrison, R.E.B. Lucas, R. A. Margo, D. McKenzie, P. Mishra, V. Mueller, A. Naghavi, Ç. Özden, C.R. Parsons, J. Wahba, L.A. Winters, CB.Trade Review‘This book addresses a largely unresolved mirror question. Does migration cause development or the other way around? As the contributors show, the compromise idea that they are mutually constitutive depends on a careful examination of the forms of migration (temporary, circular, permanent or return), the role of the destination and origin states and the ways in which remittance income has been deployed. Robert Lucas has assembled an excellent team of established and up-and-coming economists who address these issues in this instructive Handbook.’ -- Robin Cohen, University of Oxford, UKTable of ContentsContents: 1. Migration and Economic Development: An Introduction and Synopsis Robert E.B. Lucas 2. Informing Migration Policies: A Data Primer Calogero Carletto, Jennica Larrison and Çaglar Özden 3. The Economic History of Migration: The Pre-World War One United States as Lens Robert A. Margo 4. International Migration, Trade and Aid: A Survey Christopher R. Parsons and L. Alan Winters 5. The Discourse and Practice of Co-development in Europe Flore Gubert 6. Does Development Reduce Migration? Michael A. Clemens 7. Development through Seasonal Worker Programs: The Case of New Zealand's RSE Program. John Gibson and David McKenzie 8. Southern Hub: The Globalization of Migration to South Africa Jonathan Crush 9. Emigration and Wages in Source Countries: A Survey of the Empirical Literature Prachi Mishra 10. Migration, Technology Diffusion and Institutional Development at the Origin Olena Ivus and Alireza Naghavi 11. The Migration-Trade Link in Developing Economies: A Summary and Extension of Evidence Robert E.B. Lucas 12. Return Migration and Economic Development Jackline Wahba 13. Growth in Forced Displacement: Cross-Country, Sub-National and Household Evidence on Potential Determinants Ana María Ibáñez 14. Economic Consequences of Conflict and Environmental Displacement Florence Kondylis and Valerie Mueller 15. Development, Immigration and Terrorism Pinar Derin-Güre Index

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Book SynopsisBathelt and Zeng have put together a stellar collection that is truly original. The book develops a rich understanding of trade fairs in knowledge ecologies, and in doing so provides the reader with a sophisticated analysis of the local-global dynamics of such events. Moreover, the book also offers one of the first comprehensive analyses of the role of trade fairs in the Asia Pacific region, thus illuminating the significance of such events for the global economy.'- James Faulconbridge, Lancaster University, UKThe development of trade fairs in the Asia-Pacific region has been highly uneven, with large differences between industries, cities and countries. Based on a knowledge perspective, this book is the first of its kind to connect economic growth with the rise and development of trade fairs.Using country-specific case studies, the contributors identify three key areas of exploration: knowledge generation and transfer processes through trade fairs, interrelationships between industrial and trade fair specializations, and linkages between economic development, industrial policy and trade fair dynamics. They demonstrate that trade fairs in the Asia-Pacific region have evolved from transaction-oriented places to knowledge-based and relational spaces.Researchers and students of economic geography, political economy and related disciplines interested in exploring the role of the developmental state in the Asia-Pacific region will find this book to be highly relevant. Policy makers and regional planners seeking to understand the role of international trade fairs will also find this to be an insightful study.Contributors: H. Bathelt, J.-Y. Chang, L.-C. Chen, L.-I. Chu, T.-L. Chou, F. Golfetto, D.R. Gress, J.-Y. Hsu, X. Jin, R.V. Kalafsky, X. Kong, P.-F. Li, P. Maskell, D. Rinallo, K. Weber, S.A. Weller, Y. Yokura, G. Zeng, Y.-F. Zhang, Y.-W. ZhuTrade Review‘Bathelt and Zeng have put together a stellar collection that is truly original. The book develops a rich understanding of trade fairs in knowledge ecologies, and in doing so provides the reader with a sophisticated analysis of the local-global dynamics of such events. Moreover, the book also offers one of the first comprehensive analyses of the role of trade fairs in the Asia Pacific region, thus illuminating the significance of such events for the global economy.’ -- James Faulconbridge, Lancaster University, UKTable of ContentsContents: Preface 1. Asia-Pacific Trade Fair Dynamics: An Introduction Gang Zeng and Harald Bathelt PART I. CONCEPTUALIZING TRADE FAIR ECOLOGIES IN THE ASIA-PACIFIC REGION 2. Accessing Remote Knowledge – The Roles of Trade Fairs, Pipelines, Crowdsourcing and Listening Posts Peter Maskell 3. The Evolution of Trade Show Systems: Lessons from Europe Francesca Golfetto and Diego Rinallo 4. Internationalization and Knowledge-based Strategies of European Trade Show Organizers in Asia: The Case of Messe Frankfurt Diego Rinallo and Francesca Golfetto 5. Temporary Clustering in Developing Economies: Trade Fairs in East and Southeast Asia Peng-Fei Li PART II. THE RISE OF CHINESE TRADE FAIR ECOLOGIES 6. Exhibition Destination Attractiveness: Dimensions and Perceptual Differences between Exhibitors and Visitors of China’s Exhibitions Xin Jin and Karin Weber 7. The Spatial Distribution of China’s Exhibition Industry Yi-Wen Zhu and Gang Zeng 8. Trade, Knowledge Circulation and Diverse Trade Fair Ecologies in China Harald Bathelt and Gang Zeng 9. Local Industry Structure and the Formation of Temporary Clusters: The Case of the Shanghai International Auto Show (SIAS) Xiang Kong and Yu-Fei Zhang PART III. TRADE FAIR DEVELOPMENT IN INDUSTRIALIZED ECONOMIES IN THE ASIA-PACIFIC REGION 10. Building Relationships at Local Trade Fairs in Japan: A Case Study of the Suwa Area Industrial Messe Yutaka Yokura 11. Trade Fairs in Peripheral Places: Toward a Political Economy of Australian Fashion Events Sally A. Weller 12. State Strategy and Industrial Socio-Economic Practices in Taipei’s International Trade Fairs Jung-Ying Chang, Jinn-Yuh Hsu and Tsu-Lung Chou 13. Upgrading of Latecomer Industries in Taiwan and the Case of the Taipei International Machine Tool Show Liang-Chih Chen and Ling-I Chu 14. How and Where Tigers Roam: The Role of Korean Trade Fairs in Supporting Firms’ Export Activities Ronald V. Kalafsky and Douglas R. Gress PART IV. SYNTHESIS AND IMPLICATIONS 15. Towards Temporary Knowledge Ecologies in the Asia-Pacific Region: A Synthesis Harald Bathelt, Peng-Fei Li and Gang Zeng Index

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Book SynopsisThis volume collects 22 articles by Masahiko Aoki, selected from writings published over the course of his 45-year academic career. These fascinating essays cover a range of issues, including mechanism design, comparative governance, corporate governance, institutions and institutional change, but are tied together by a focus on East Asia and a comparative institutional framework.Specific topics include the early stages of mechanism design theory, comparative analysis of vertical, horizontal and modular industrial coordination and its applications, cooperative game-theoretic approaches to the diversity of corporate government structure, the endogenous nature of institutions, and comparative and historical analysis of institutions in Japan, China and Korea.Students, professors and scholars with an interest in comparative institutional studies and East Asian studies will find this book a useful and illuminating resource.Table of ContentsContents: Acknowledgements Introduction Masahiko Aoki PART I COMPARATIVE MECHANISM DESIGN A Quality vs. Price in Non-Neoclassical Environments 1. Masahiko Aoki (1970), ‘A Note on Marshallian Process Under Increasing Returns’ 2. Masahiko Aoki (1971), ‘Marshallian External Economies and Optimal Tax-Subsidy Structure’ 3. Masahiko Aoki (1971), ‘Two Planning Processes for an Economy with Production Externalities’ 4. Masahiko Aoki (1971), ‘An Investment Planning Process for an Economy with Increasing Returns’ B Vertical, Horizontal and Modular Coordination 5. Masahiko Aoki (1986), ‘Horizontal vs. Vertical Information Structure of the Firm’ 6. Masahiko Aoki (1998), ‘The Evolution of Organizational Conventions and Gains from Diversity’ 7. Masahiko Aoki and Hirokazu Takizawa (2002), ‘Information, Incentives, and Option Value: The Silicon Valley Model’ 8. Masahiko Aoki and Geoffrey Rothwell (2013), ‘A Comparative Institutional Analysis of the Fukushima Nuclear Disaster: Lessons and Policy Implications’ PART II THE DIVERSITY OF CORPORATE GOVERNANCE: A COOPERATIVE GAME APPROACH 9. Masahiko Aoki (1980), ‘A Model of the Firm as a Stockholder–Employee Cooperative Game’ 10. Masahiko Aoki (1982), ‘Equilibrium Growth of the Hierarchical Firm: Shareholder–Employee Cooperative Game Approach’ 11. Masahiko Aoki (1983), ‘Managerialism Revisited in the Light of Bargaining-Game Theory’ 12. Masahiko Aoki (2012), ‘A Shapley-Value Parable of Corporations as Evolutive Systems of Associational Cognition’ PART III ANALYSIS OF THE ENDOGENOUS NATURE OF INSTITUTIONS 13. Masahiko Aoki (1996), ‘Towards a Comparative Institutional Analysis: Motivations and Some Tentative Theorizing’ 14. Masahiko Aoki (1994), ‘The Contingent Governance of Teams: Analysis of Institutional Complementarity’ 15. Masahiko Aoki (2010), ‘“Individual” Social Capital, “Social” Networks, and Their Linkages to Economic Game’ 16. Masahiko Aoki (2007), ‘Endogenizing Institutions and Institutional Changes’ 17. Masahiko Aoki (2011), ‘Institutions as Cognitive Media between Strategic Interactions and Individual Beliefs’ PART IV INSTITUTIONS IN EAST ASIAN ECONOMIC DEVELOPMENT 18. Masahiko Aoki (1990), ‘Toward an Economic Model of the Japanese Firm’ 19. Masahiko Aoki (1994), ‘Monitoring Characteristics of the Main Bank System: An Analytical and Developmental View’ 20. Masahiko Aoki (1994), ‘Controlling Insider Control: Issues of Corporate Governance in Transition Economies’ 21. Masahiko Aoki, Kevin Murdock and Masahiro Okuno-Fujiwara (2009), ‘Beyond The East Asian Miracle: Introducing the Market-Enhancing View’ 22. Masahiko Aoki (2013), ‘Historical Sources of Institutional Trajectories in Economic Development: China, Japan and Korea Compared’

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Book SynopsisExamines the culture and conduct of six small and medium-sized enterprises (SMEs) in England and West Germany from 1945 to the late-1970s, drawing on numerous archives in Germany and Britain. This is the first book length study that examines the detailed histories of SMEs in a comparative, transnational manner. Emerging from this study is an evaluation of German and British varieties of capitalism in action, showing that they were not fixed or static, but rather have changed considerably as they evolved over time. The German companies studied formed part of the Mittelstand, the family-owned sector which is unique to German-speaking countries. This book explores whether the principles of a close identification with the surrounding region and a patriarchal culture within a 'family' atmosphere were adopted in practice then, and whether they are still applicable today. Paulson compares the Mittelstand to British SMEs in order to understand how their approach differed from that of their German counterparts. For both countries, the 'ecosystem' which surrounded businesses is examined, paying particular attention to funding and vocational education. The book concludes that the potential for a British Mittelstand existed, but that British companies were often less well managed and had to operate within a less supportive external environment than that which favoured the Mittelstand. Historical lessons learned from the management of these companies still resonate today, and can help us to understand contemporary differences in business performance. This book will therefore be of interest to scholars and students of twentieth-century business and economic history, as well as management studies.Table of ContentsChapter 1: Introduction PART ONE: Operating Contexts Prologue Chapter 2: Culture, Community, and Continuity Chapter 3: Banking Chapter 4: Recruitment and Training PART TWO: Company Case Studies Prologue Chapter 5: Chr. Wandel KG, Reutlingen Chapter 6: Kenrick & Jefferson Ltd., West Bromwich Chapter 7: Julius Schneider GmbH & Co. KG, Ludwigsburg Chapter 8: Braithwaite & Co. (Engineers) Ltd., West Bromwich Chapter 9: RECARO GmbH & Co., Stuttgart Chapter 10: Jensen Motors Ltd., West Bromwich Chapter 11: Conclusion - A Better Way of Doing Business? Bibliography Index

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Book SynopsisCongratulations on an outstanding book on the WTO TBT Agreement! International regulations and standards reflect societies' fundamental choices. Regulating and monitoring them is complex, and the renowned co-authors of this book have well understood the multi-faceted matters at stake. In this book, world experts have seized a unique opportunity provided by the wealth of recent TBT jurisprudence to analyse the different dimensions of the TBT Agreement, a WTO agreement little discussed up to now. WTO experts as well as anyone interested in the reach of WTO law into the balance between national sovereignty and the need for international co-operation must read this book.'- Gabrielle Marceau, WTO, Legal Affairs Division, UNIGE and Graduate Institute, Geneva, SwitzerlandA relatively new frontier for legal and policy analysis, technical barriers to trade (TBT's) have become more common as traditional border barriers have been reduced. This comprehensive Handbook comprises original essays by eminent trade scholars exploring the implications of the WTO's TBT Agreement.The TBT Agreement imposes disciplines on the manner in which WTO member countries adopt and maintain technical measures, recognizing the importance of such measures to advance legitimate domestic policy goals such as health, safety and environmental objectives, but also the potential for technical measures to constitute barriers to trade. The contributors to this volume provide an in-depth examination of the text of the Agreement and how the WTO's dispute settlement system, the TBT Committee, WTO members, and other international organizations have engaged with and been affected by it.The book's comprehensive and accessible approach makes it a first point of reference for all trade law practitioners, policymakers and regulators. For scholars and students, the Handbook will prove essential reading for a deeper understanding of trade law.Contributors: A.E. Appleton, A. Arcuri, M. Cardwell, H. Churchman, M.M. Du, T. Epps, C. Gascoigne, L. Gruszczynski, B. Hazucha, R. Howse, A. Kudryavtsev, P.C. Mavroidis, G. Mayeda, A. Mitchell, D. Prévost, F. Smith, J.P. Trachtman, M.J. Trebilcock, T. Voon, M. Wagner, E.N. WijkströmTrade Review‘Congratulations on an outstanding book on the WTO TBT Agreement! International regulations and standards reflect societies’ fundamental choices. Regulating and monitoring them is complex, and the renowned co-editors of this book have well understood the multi-faceted matters at stake. In this book, world experts have seized a unique opportunity provided by the wealth of recent TBT jurisprudence to analyse the different dimensions of the TBT Agreement, a WTO agreement little discussed up to now. WTO experts as well as anyone interested in the reach of WTO law into the balance between national sovereignty and the need for international co-operation must read this book.’ -- Gabrielle Marceau, WTO, Legal Affairs Division, UNIGE and Graduate Institute, Geneva, SwitzerlandTable of ContentsContents: Foreword Michael J. Trebilcock 1. Introduction Robert Howse 2. The TBT Agreement in Context Arkady Kudryavtsev 3. Conformity Assessment Procedures Arthur E. Appleton 4. Transparency Obligations under the TBT Agreement Denise Prévost 5. Standard of Review in TBT Cases Michael M. Du 6. Moving Out of the Shadows: Bringing Transparency to Standards and Regulations in the WTO’s TBT Committee Petros C. Mavroidis and Erik N. Wijkström 7. International Standards Markus Wagner 8. Mutual Recognition Agreements and Equivalence Agreements Helen Churchman 9. The Limits of PTAs: WTO Legal Restrictions on the Use of WTO-Plus Technical Regulations in PTAs Joel P. Trachtman 10. The TBT Agreement and Developing Countries Graham Mayeda 11. Contemporary Problems of Climate Change and the TBT Agreement: Moving Beyond Eco-Labelling Michael Cardwell and Fiona Smith 12. The REACH Regulation and the TBT Agreement: The Role of the TBT Committee in Regulatory Processes Lukasz Gruszczynski 13. Consumer Information, Consumer Preferences and Product Labels under the TBT Agreement Tania Voon, Andrew Mitchell and Catherine Gascoigne 14. The TBT Agreement and Private Standards Alessandra Arcuri 15. Technical Barriers to Trade in Information and Communication Technologies Branislav Hazucha 16. Conclusion Tracey Epps Index

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Book SynopsisNeither Free Trade Nor Protection provides a critical exploration of mainstream and alternative theories of international trade and presents original evidence of trade's consequences. It rejects the choice between openness and closure. Mainstream economists almost always support 'free trade' but their arguments for this are flawed and too often rely on a caricature of their opponents as simple-minded protectionists. Meanwhile, many critics successfully emphasize shortcomings of the orthodoxy but struggle to identify a more positive agenda, either seeing free trade as a desirable, if unachievable, end or equally simplistically blaming trade for international inequality. Both sides of the trade debate share much in terms of how they understand the objectives of national wealth and in how they overlook other economic processes and social questions. Bill Dunn's examination covers:- critical interrogation of both mainstream and heterodox theories- systematic evaluation of contemporary evidence- historical context- trade, restructuring and the crisis of the 2000s- economics as a social scienceWritten in plain English, this book will appeal to students, researchers and political activists alike. It is an indispensable resource to those seeking a deeper understanding of alternative approaches to the mainstream theories of trade and economics.Table of ContentsContents: 1. Introduction: Contesting the Conservative Antinomies of Trade Theory 2. The Making of World Trade 3. Free Trade Theory and its Critics 4. Market Imperfections and State Strategies 5. Marxism, Trade and the Limits of Radical Nationalism 6. Evaluating Trade and Growth 7. Factor Endowments, Trade and Growth 8. International Trade and Inequality within Countries 9. Trade Opening and the Decline of Industrial Action 10. Global Restructuring, Trade and the Crisis of 2007-09 11. Conclusions Index

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Book SynopsisNew measures have opened up insights into the extent and complexity of global production networks. The chapters in this timely book deploy new tools to understand how global value chains change the nature of global economic interdependence, and to assess how that in turn changes our understanding of policies in this new environment.The authors bring to bear a wide variety of methodological tools and data, and perspectives ranging from the firm-level micro economy to the global macro economy. The book has two broad themes. The first is national economies' heightened exposure to adverse shocks (natural disasters, political disputes, recessions) elsewhere in the world as a result of greater integration and interdependence. The second theme is focused on the evolution of global value chains at the firm level and how this will affect competitiveness in Asia. It also traces the past and future development of production sharing in Asia.Employing an array of the latest methods and data to study global value chains, the book will prove a valuable resource for international organizations and regional bodies who have an active interest in anything related to global supply chain analysis. Researchers, academics and students in the fields of international trade and economics will also find its assessment of the evolution of global value chains at the firm level, and how this affects competitiveness in Asia, to be an insightful guide.Contributors: R.Baldwin, M. Chinn, H.Escaith, B.Ferrarini, R.Forslid, T.W. Hertel, D.Hummels, A.Levchenko, A.C. Ma, L.Puzzello, D.L. Swenson, P.A. Raschky, A.Van Assche, T.L. Walmsley, J.ZhangTrade Review‘The strengths of the edited volume arc aplenty, particularly on the methodological front where the contributors explore different approaches and models to better measure and investigate the implications of GVCs. The focus on Asia also provides a unique perspective into a region that is witness to the rapid growth or GVCs, where the accelerated participation and expansion or GVCs will surely alter the trajectory of the Asian and global economy.’ -- Journal of Southeast Asian EconomiesTable of ContentsContents Foreword 1. Asia and Global Production Networks— Implications for Trade, Incomes and Economic Vulnerability Benno Ferrarini and David Hummels 2. Developing a GTAP-Based Multi-Region, Input-Output Framework for Supply Chain Analysis Terrie L. Walmsley, Thomas Hertel, and David Hummels 3. The Vulnerability of the Asian Supply Chain to Localized Disasters Thomas Hertel, David Hummels and Terrie L. Walmsley 4. Global Supply Chains and Natural Disasters: Implications for International Trade Laura Puzzello and Paul Raschky 5. Vertical Specialization, Tariff Shirking and Trade Alyson C. Ma and Ari Van Assche 6. Changes in the Production Stage Position of People’s Republic of China Trade Deborah Swenson 7. External Rebalancing, Structural Adjustment, and Real Exchange Rates in Developing Asia Andrei Levchenko and Jing Zhang 8. Global Supply Chains and Macroeconomic Relationships in Asia Menzie Chinn 9. Mapping Global Value Chains and Measuring Trade in Tasks Hubert Escaith 10. The Development and Future of Factory Asia Richard Baldwin and Rikard Forslid Index

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Book SynopsisThe traumatic experiences of the first half of the twentieth century helped shape the postwar global architecture, which saw the creation of the IMF, the GATT, and the World Bank. Today, this economic architecture is ill-fitted to the global economy. The balance of financial power has moved towards the emerging economies, especially those in Asia, a shift which is not sufficiently reflected in the governance of these institutions.New Global Economic Architecture addresses how a regional architecture, particularly in Asia, can induce a supply of regional public goods that strengthens the global public goods supplied through the global architecture, to promote sustainable economic development. The global network is moving towards a decentralized system with global, regional, and national institutions, and the book presents a comparison of the pace of reforms in various institutions and the identification of the reform agenda from an Asian perspective. It provides suggestions for strengthening regional institutions in Asia so they may better provide regional public goods. The evolution of institutions and policies that comprise the international monetary, financial, trade and development architecture is considered since their establishment after the Bretton Woods conference of 1944.Policymakers, academics, think tanks and practitioners will benefit from the international perspective of the book, particularly those interested in the influential Asian architecture. This book is also a useful reference tool for students of macroeconomics, development economics, international trade, and finance at both undergraduate and graduate levels.Contributors: A. Chabchitrchaidol, A.F. Cooper, H. Hill, M. Kawai, J. Menon, P.J. Morgan, V. Nehru, M.G. Plummer, F. Prada, P.B. Rana, R. Siregar, G. WignarajaTrade Review'The spectacular rise in Asian economies has reshuffled the distribution of world economic power, while the Global Financial Crisis brought it to the fore. The global economic and financial architecture, inherited from World War II, has not responded to such changes. Focusing mainly on financial and partly on trade issues, this book provides a welcome perspective from seasoned Asia experts on the prospective benefits of a new, more decentralized and regionalized architecture. It will be a timely read, coinciding with the launching of the BRICS Development Bank.' --Eric Girardin, Aix-Marseille School of Economics, France; former member of the Asian Development Bank Institute Advisory Council'This edited volume makes a distinctive contribution to the literature on financial crises.' --Linda Low, Journal of Southeast Asian EconomiesTable of ContentsContents: Preface 1. Asian Perspectives on the Evolving Global Architecture Masahiro Kawai, Peter J. Morgan and Pradumna B. Rana 2. From a Centralized to a Decentralized Global Economic Architecture: An Overview Pradumna B. Rana 3. The Group of Twenty: Input and Output Legitimacy, Reforms and Agenda Andrew F. Cooper 4. Enhancing the Effectiveness of CMIM and AMRO: Challenges and Tasks Reza Siregar and Akkharaphol Chabchitrchaidol 5. Financial Safety Nets in Asia: Genesis, Evolution, Adequacy and Way Forward Hal Hill and Jayant Menon 6. Regional Financial Regulation in Asia Masahiro Kawai and Peter J. Morgan 7. Evolving Trade Policy Architecture and FTAs in Asia Masahiro Kawai and Ganeshan Wignaraja 8. The Emerging “Post-Doha” Agenda and the New Regionalism in the Asia-Pacific Michael G. Plummer 9. The World Bank and the Asian Development Bank: Should Asia Have Both? Vikram Nehru 10. World Bank, Inter-American Development Bank, and Subregional Development Banks in Latin America: Dynamics of a System of Multilateral Development Banks Fernando Prada Index

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Book SynopsisOfficial government policies against money laundering in the EU have been in place for roughly 25 years, after much concerted effort and a great deal of time and money invested. This volume examines the anti-money laundering policy of the EU Member States in connection to the threat of money laundering they face. During a three-year study the authors analyzed the policies in-depth by traveling to 27 Member States to interview over a hundred people involved in the fight against money laundering. The analysis includes an inquiry into the national supervisory architectures, a comparison of the definitions of money laundering used in practice, a breakdown of the role of Financial Intelligence Units and a cost-benefit analysis of anti-money laundering policy.Skillfully assessing the economic and legal effectiveness of anti-money laundering efforts in the EU, this comprehensive study will appeal to students, scholars and practitioners working in economics, banking, finance and law.Contents: 1. Introduction and Operationalization 2. Threat of Money Laundering 3. Harmonization of Substantive Norms in Preventative AML 4. Implementing International Conventions and the Third EU Directive 5. Supervisory Architectures in the Preventive AML Policy 6. Definitions of Money Laundering in Practice 7. FIU's in the European Union - Facts and Figures, Functions and Facilities 8. Information Flows and Repressive Enforcement 9. International Cooperation 10. Collection of Statistics 11. Effectiveness: Threat and Corresponding Policy Response 12. Cost Benefit Analysis 13. Summary and ConclusionsTable of ContentsContents: 1. Introduction and Operationalization 2. Threat of Money Laundering 3. Harmonization of Substantive Norms in Preventative AML 4. Implementing International Conventions and the Third EU Directive 5. Supervisory Architectures in the Preventive AML Policy 6. Definitions of Money Laundering in Practice 7. FIU’s in the European Union – Facts and Figures, Functions and Facilities 8. Information Flows and Repressive Enforcement 9. International Cooperation 10. Collection of Statistics 11. Effectiveness: Threat and Corresponding Policy Response 12. Cost–Benefit Analysis 13. Summary and Conclusions

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Book SynopsisThis innovative book analyses the role played by real estate markets in global financial stability and examines the fragile link between the two.Through what transmission channels do housing market cycles influence broader economic systems? How has the Global Financial Crisis shifted our view and understanding of these linkages? This detailed book answers these questions in an international comparative perspective. Specific topics covered include macroeconomic transmission channels of the housing cycle, the role of housing in the finance system, construction financing as a cycle amplifier, and various related public policy issues such as the policy remedies needed to deal with housing and mortgage-driven crises.Eminent scholars in the field provide insightful and original contributions, which will appeal to academics in the areas of macroeconomics, policy analysis and financial regulation. Practitioners involved in real estate and the mortgage market will also find it to be of interest.Contributors: C.-O. Chang, M.-C. Chen, M. Cho, G. Dell'Ariccia, H.-J. Dübel, M. Hwang, M. Iacoviello, D. Igan, K. Kim, K.-H. Kim, Y.I. Kim, C.-M. Lee, Y.-M. Lee, J.-y. Son, I. Song, S.H. Suh, M.J. Tcha, S. Wachter, T.T. Yang, J.Y. ZhangTable of ContentsContents: PART I INTRODUCTION AND SUMMARY 1. Global Financial Crisis and Housing: A New Policy Paradigm Susan Wachter, Man Cho and Moon Joong Tcha PART II HOUSING AND MORTGAGE MARKETS 2. Macroeconomics of Housing Matteo Iacoviello 3. Housing and Business Cycles in Korea: Assessing the Role of Housing Volume Cycles Young Il Kim 4. Global Financial Crisis and Early Warning System of Korean Housing Market Seoung Hwan Suh and Kabsung Kim 5. Housing Price and Mortgage Credit Cycles: Tales of Two Countries Man Cho 6. Transatlantic Mortgage Credit Boom and Bust – the Impact of Market Structure and Regulation Hans-Joachim Dübel and Dr. Finpolconsult PART III MARKET FOR CONSTRUCTION FINANCING 7. Financing Real Estate Development: A Case Study of US Real Estate Market in 2000s Min Hwang 8. Construction Financing in Taiwan: Current State and Policy Regime Chin-Oh Chang and Ming-Chi Chen 9. Korea’s Development Finance at the Crossroad Jae-young Son PART IV POLICY RESPONSES 10. Mortgage Defaults and Risk-Based Capital: Post-Global Financial Crisis Development and Implications to Emerging Markets Tyler T. Yang and Jessie Y. Zhang 11. Housing and Macro-economy for Korean Case: The Role of Housing Loan to Value (LTV) Inho Song 12. Rental Housing System and Housing Market Volatility: Monthly Rent-based vs. Asset-based Systems Kyung-Hwan Kim, Chang-Moo Lee and Young-Man Lee 13. Dealing with Real Estate Booms Giovanni Dell’Ariccia and Deniz Igan Index

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Book SynopsisGlobal and transnational challenges figure ever more prominently on national and international policy agendas and are increasingly analysed as global public goods (GPGs). This timely collection, which includes contributions by eminent scholars from a wide range of academic disciplines, provides a comprehensive overview of the current state of the theoretical and empirical research on this topic, and suggestions on where scholarship could go next. With an original introduction, this single volume will appeal to students, researchers, policymakers and experts, whether they are interested in a particular challenge like global climate change, cyber security, financial stability and health or in cross-cutting issues of public economics and finance, international relations and international law.Trade Review‘“Global public goods” has become one of the most influential concepts in current international relations research. This reader brings together 29 of the most authoritative papers on global public goods of the last years, from a variety of disciplinary perspectives, along with a comprehensive and insightful review article by Kaul, Blondin and Nahtigal. The book is an essential collection for both theorists and practitioners of global governance, covering areas as diverse as financial institutions, security, knowledge, health, areas beyond national jurisdiction, and global environmental change.’Table of ContentsContents: Acknowledgements Introduction Inge Kaul, Donald Blondin and Neva Nahtigal PART I CONCEPTS 1. Meghnad Desai (2003), ‘Public Goods: A Historical Perspective’, in Inge Kaul, Pedro Conceição, Katell Le Goulven and Ronald U. Mendoza (eds), Providing Global Public Goods: Managing Globalization, Part 1, New York, NY, USA, Oxford, UK: Oxford University Press, 63–77 2. Charles P. Kindleberger (1986), ‘International Public Goods Without International Government’, American Economic Review, 76 (1), March, 1–13 3. William D. Nordhaus (2006), ‘Paul Samuelson and Global Public Goods: A Commemorative Essay for Paul Samuelson’, in Michael Szenberg, Lall Ramrattan and Aron A. Gottesman (eds), Samuelsonian Economics and the Twenty-First Century, Chapter 5, New York, NY, USA, Oxford, UK: Oxford University Press, 88–98 4. Inge Kaul and Ronald U. Mendoza (2003), ‘Advancing the Concept of Public Goods’, in Inge Kaul, Pedro Conceição, Katell Le Goulven and Ronald U. Mendoza (eds), Providing Global Public Goods: Managing Globalization, Part 1, New York, NY, USA, Oxford, UK: Oxford University Press, 78–111 PART II INCENTIVES TO COOPERATE 5. Todd Sandler (1998), ‘Global and Regional Public Goods: A Prognosis for Collective Action’, Fiscal Studies, 19 (3), 221–47 6. Joseph S. Nye Jr. (2002), ‘The American National Interest and Global Public Goods’, International Affairs, 78 (2), April, 233–44 7. Amartya Sen (1999), ‘Global Justice: Beyond International Equity’, in Inge Kaul, Isabelle Grunberg and Marc A. Stern (eds), Global Public Goods: International Cooperation in the 21st Century, New York, NY, USA, Oxford, UK: Oxford University Press, 116–25 8. Calvin Blackwell and Michael McKee (2003), ‘Only for my Own Neighbourhood? Preferences and Voluntary Provision of Local and Global Public Goods’, Journal of Economic Behaviour and Organization, 52 (1), 115–31 9. Eric Brousseau and Tom Dedeurwaerdere (2012), ‘Global Public Goods: The Participatory Governance Challenges’, in Eric Brousseau, Tom Dedeurwaerdere and Bernd Siebenhüner (eds), Reflexive Governance for Global Public Goods, Chapter 1, Cambridge, MA, London, UK: MIT Press, 21–36, references PART III PROVISION PATTERNS 10. Scott Barrett (2006), ‘Critical Factors for Providing Transnational Public Goods’, Expert Paper Series Seven: Cross-Cutting Issues, Chapter 1, Stockholm, Sweden: Secretariat of the International Task Force on Global Public Goods, 1‒58 11. Cecilia Albin (2003), ‘Negotiating International Cooperation: Global Public Goods and Fairness’, Review of International Studies, 29 (3), July, 365-85 12. Todd Sandler (2013), ‘Buchanan Clubs’, Constitutional Political Economy, 24 (4), 265–84 13. Elinor Ostrom (2014), ‘A Polycentric Approach for Coping with Climate Change’, Annals of Economics and Finance, 15 (1), 97–134 14. Fabrizio Cafaggi (2012), ‘Transnational Private Regulation and the Production of Global Public Goods and Private “Bads”’, European Journal of International Law, 23 (3), 695‒718 15. David Gartner (2012), ‘Global Public Goods and Global Health’, Duke Journal of Comparative and International Law, 22, 303–18 16. Keith E. Maskus and Jerome H. Reichman (2004), ‘The Globalization of Private Knowledge Goods and the Privatization of Global Public Goods’, Journal of International Economic Law, 7 (2), 279–320 PART IV FINANCING SCHEMES 17. Agnar Sandmo (2007), ‘The Welfare Economics of Global Public Goods’, NHH (Norwegian School of Economics and Business Administration) Working Paper 35, November, 1–25 18. Ramses H. Abul Naga and Philip Jones (2013), ‘Helping Others or Helping Oneself? International Subsidies and the Provision of Global Public Goods’, Oxford Economic Papers, 65 (4), 856–75 19. Dirk T.G. Rübbelke (2011), ‘International Support of Climate Change Policies in Developing Countries: Strategic, Moral and Fairness Aspects’, Ecological Economics, 70 (8), June, 1470–80 20. Pedro Conceição and Ronald U. Mendoza (2006), ‘Identifying High-Return Investments: A Methodology for Assessing When International Cooperation Pays – and for Whom’, in Inge Kaul and Pedro Conceição (eds), The New Public Finance: Responding to Global Challenges, Part 3, New York, NY, USA, Oxford, UK: Oxford University Press, 327–56 21. Tony Atkinson (2006), ‘Global Public Finance’, Oxonomics, 1 (1), 2–4 22. Ottmar Edenhofer, Michael Jakob, Felix Creutzig, Christian Flachsland, Sabine Fuss, Martin Kowarsch, Kai Lessmann, Linus Mattauch, Jan Siegmeier and Jan Christoph Steckel (2015), ‘Closing the Emission Price Gap’, Global Environmental Change, 31, 132–43 23. Nancy Birdsall and Benjamin Leo (2011), ‘Find me the Money: Financing Climate and Other Global Public Goods’, Centre for Global Development Working Paper 248, i, 1‒50 PART V GOVERNANCE AND INSTITUTIONS 24. Daniel Bodansky (2012), ‘What’s In a Concept? Global Public Goods, International Law and Legitimacy’, European Journal of International Law, 23 (3), 651–68 25. Inge Kaul (2013), ‘Meeting Global Challenges: Assessing Governance Readiness’, The Governance Report, 33–58 26. Julio Frenk and Suerie Moon (2013), ‘Governance Challenges in Global Health’, New England Journal of Medicine, 368 (10), 936–42 27. José Antonio Ocampo (2010), ‘Rethinking Global Economic and Social Governance’, Journal of Globalization and Development, 1 (1), February, i, 1–27 28. Peter H. Sand (2004), ‘Sovereignty Bounded: Public Trusteeship for Common Pool Resources?’, Global Environmental Politics, 4 (1), February, 47–71 29. Nico Krisch (2014), ‘The Decay of Consent: International Law in an Age of Global Public Goods’, American Journal of International Law, 108 (1), 1–40 Index

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Book SynopsisWhy, and how, do states obey international law? This engaging book tackles this very question head on via its examination of the conflicting and conciliating processes of the Chinese approach to litigation and the Western approach to legal orientation in the field of the WTO dispute settlement mechanism.The authors examine the normative framework of WTO rule implementation in a globalised international economic order. They further explore the notion of the rule of law in China's Confucian system, and how it interacts with a rule-based world trading system. Topics discussed include theorising the WTO implementation regime, the Chinese approach to law, China and the WTO dispute settlement system, and Chinese Confucianism and compliance.With its focus on international economic law and political science, this book will be accessible to students, policy makers, practitioners and academics looking to understand China and the rule of law in a global contextTable of ContentsContents: PART I NORMATIVITY AND IMPLEMENTATION ISSUES IN THE WTO 1. World Trade Law and Changing Fundamentals in the Global Architecture 2. The Evolution of the GATT/WTO Dispute Settlement System 3. Applicable Law before the WTO Disputes Settlement Body 4. Theorising the WTO Implementation Regime PART II CHINA AND WTO RULES IMPLEMENTATION: CONTEMPORARY POLICY AND DIPLOMACY 5. The Chinese Approach to Law 6. China and WTO Law: From Accession Negotiations to Current Commitments 7. China and the WTO Dispute Settlement System 8. Chinese Confucianism and Compliance Conclusion 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 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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