International economics Books

Book SynopsisInternationalization of the world economy has made trade a key factor in the growth potential of nearly every nation's economy. Hence, economists have become increasingly interested in the determinants of international trade and competitiveness. Empirical Methods in International Trade captures the many aspects of this trend in globalization through practical techniques well-founded in economic theory.The authors, comprising some of the most influential applied international economists of their generation, use cutting-edge models to develop empirical approaches to critical aspects of economic interchange. These approaches are developed and explained carefully with the goal of making them accessible to a wide audience. Topics include: inter alia, labor markets and trade, regional economic integration, measures of national competitiveness and export similarity, aspects of the WTO and NAFTA, trade pattern persistence, trade in services, and various case studies applied to East Asia.Professors and students of international economics will find this volume a valuable addition to their library, as will policymakers dealing with economic issues of international scope.Table of ContentsContents: Foreword by Peter McPherson Foreword by Jagdish Bhagwati Part I: Introduction 1. Contributions of Professor Kreinin to International Economics Part II: New Approaches to Empirical Trade Analysis 2. Measures of Similarity and Matching in International Trade 3. Changes in the Relative International Competitiveness of the United States During the Past Two Decades 4. Why Does Optimal Currency Area Theory Fail to Predict Changes in Currency Areas? Evidence from Europe and Lessons for Asia 5. Labor Market Structure and its Influence on Trade-Related Outcomes: Some Initial Findings 6. Trade Pattern Persistence 7. The Role of Intra-Industry Trade in the Service Sector 8. Global Production Networks and Regional Integration Part III: Empirical Approaches to Economic Integration 9. The WTO Agreement on Safeguards: An Empirical Analysis of Discriminatory Impact 10. Organized Labor’s Campaign Contributions after the NAFTA Vote: Rhetoric or Retribution? 11. Korea’s Direct Investment in China and its Implications for Economic Integration in Northeast Asia 12. NAFTA and the Broader Impacts of Trade Agreements on Industrial Development: When ‘Second-Order Effects’ Dominate 13. Selective Intervention and Growth: The Case of Korea Index

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Book SynopsisTrade and environment issues are achieving ever greater prominence in the WTO. This timely volume contains key papers on this important and highly contentious issue.There is a natural linkage between trade and environment through the use of policy instruments. But when does more trade help or hurt the environment? There is clash between the market-opening principles of free trade, as reflected in the WTO, and the environmental quality and market regulating instincts of environmentalists. This volume examines the conceptual issues involved, as well as the manner in which the subject has been handled by the WTO. It will be an invaluable source of reference for students and researchers alike.Trade Review'Trade and environment is a topic on which people hold strong opinions, often based on fundamental misunderstandings. The editors of this volume - both distinguished experts on the subject - have collected an impressive group of papers that provide a framework for improved dialogue. These cover the basic principles, empirical tests of key hypotheses, and evaluations of the most important institutions, drawing from the disciplines of both economics and international law. A welcome resource.' -- Scott Barrett, Johns Hopkins University, US'Of all the issues to have risen up the global agenda in recent years, the link between trade and the environment is the most debated. Debates need sound science and good information. This book provides both. It is an excellent compilation of the salient contributions to this important topic.' -- The late David Pearce, formerly of University College London, UK'This splendid collection of 28 papers brings a wide range of perspectives to bear on the acrimonious debate over the impact of international trade on the global environment. The careful analyses in these papers contribute to a real understanding of the issue in contrast to what is often, unfortunately, simply a clash of ideologies.' -- Wallace E. Oates, University of Maryland, College Park and Resources for the Future, USTable of ContentsContents: Acknowledgements Introduction Trade and the Environment: Seeing Red Over Green Gary Sampson and John Whalley PART I GENERAL LINKAGE DISCUSSION 1. Werner Antweiler, Brian R. Copeland and M. Scott Taylor (2001), ‘Is Free Trade Good for the Environment?’ 2. Hiro Lee and David W. Roland-Holst (1997), ‘Trade and the Environment’ 3. Carlo Perroni and Randall M. Wigle (1994), ‘International Trade and Environmental Quality: How Important are the Linkages?’ 4. Richard H. Snape (1992), ‘The Environment, International Trade and Competitiveness’ 5. Arvind Subramanian (1992), ‘Trade Measures for Environment: A Nearly Empty Box?’ 6. James A. Tobey (1990), ‘The Effects of Domestic Environmental Policies on Patterns of World Trade: An Empirical Test’ 7. John Whalley (1996), ‘Trade and Environment Beyond Singapore’ PART II QUANTIFYING THE DIMENSIONS OF LINKAGE 8. Lisandro Abrego, Carlo Perroni, John Whalley and Randall M. Wigle (2001), ‘Trade and Environment: Bargaining Outcomes from Linked Negotiations’ 9. Lars Bergman (1991), ‘General Equilibrium Effects of Environmental Policy: A CGE-Modeling Approach’ 10. Brian R. Copeland and M. Scott Taylor (1999), ‘Trade, Spatial Separation, and the Environment’ 11. John Whalley (1991), ‘The Interface between Environmental and Trade Policies’ PART III SPECIFIC STUDIES OF LINKAGE 12. John Beghin, David Roland-Holst and Dominique van der Mensbrugghe (1995), ‘Trade Liberalization and the Environment in the Pacific Basin: Coordinated Approaches to Mexican Trade and Environment Policy’ 13. Gene M. Grossman and Alan B. Krueger (1993), ‘Environmental Impacts of a North American Free Trade Agreement’ 14. Hemamala Hettige, Robert E.B. Lucas and David Wheeler (1992), ‘The Toxic Intensity of Industrial Production: Global Patterns, Trends, and Trade Policy’ 15. Patrick Low (1992), ‘Trade Measures and Environmental Quality: The Implications for Mexico’s Exports’ 16. Robert E.B. Lucas, David Wheeler and Hemamala Hettige (1992), ‘Economic Development, Environmental Regulation and the International Migration of Toxic Industrial Pollution: 1960–88’ PART IV INSTITUTIONAL BACKGROUND 17. Jagdish Bhagwati and T.N. Srinivasan (1996), ‘Trade and the Environment: Does Environmental Diversity Detract from the Case for Free Trade?’ 18. Steve Charnovitz (1998), ‘The World Trade Organization and the Environment’ 19. GATT (1992), ‘Trade and the Environment’ PART V SETTLING DISPUTES 20. James Cameron (1998), ‘Dispute Settlement and Conflicting Trade and Environment Regimes’ PART VI WTO AND MULTILATERAL ENVIRONMENT AGREEMENTS 21. Duncan Brack (2000), ‘Multilateral Environmental Agreements: An Overview’ 22. Gary P. Sampson (2001), ‘Effective Multilateral Environment Agreements and Why the WTO Needs Them’ 23. Graham Dutfield (2002), ‘Sharing the Benefits of Biodiversity: Is there a Role for the Patent System?’ PART VII DEVELOPING COUNTRY CONCERNS 24. Arthur E. Appleton (2002), ‘Environmental Labelling Schemes Revisited: WTO Law and Developing Country Implications’ 25. Magda Shahin (2002), ‘Trade and Environment: How Real Is the Debate?’ PART VIII SYSTEMIC 26. Daniel C. Esty (1998), ‘Non-Governmental Organizations at the World Trade Organization: Cooperation, Competition, or Exclusion’ 27. Howard Mann (2000), ‘NAFTA and the Environment: Lessons for the Future’ 28. C. Ford Runge (2001), ‘A Global Environment Organization (GEO) and the World Trading System’ Name Index

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Book SynopsisThis book is a synthesis of the author's ideas and research concerning the monetary consequences of trade flows, and the relevance of conventional balance of payments adjustment theory. These ideas are considered mainly in the context of developing countries, many of which suffer from deep structural difficulties and severe foreign exchange shortages.Mainstream economic theory regards the balance of payments to be self-adjusting, meaning that the impact of the balance of payments on the growth and development process is neither considered nor analysed. In contrast, the author emphasises the importance of integrating monetary considerations into trade theory and argues that the balance of payments consequences of trade policy need to be carefully addressed. This approach has a number of implications for important issues such as the sequencing of trade liberalisation; the role of the exchange rate in equilibrating the balance of payments; the case for protection; and the way in which the importance of export growth is articulated. Some of the ideas expressed have a long and distinguished ancestry, but they are not part of the mainstream orthodoxy and need airing in a world increasingly divided into rich and poor countries. The author also considers the case for a new international economic order which would better serve the needs of developing countries, particularly by stabilising primary product prices and controlling speculative capital flows.Trade and development economists, and policymakers concerned with economic growth and development, will appreciate the original and illuminating research in this book.Trade Review'This book is interesting and important beyond its modest size. . . it provides a useful overview of, and context for, Thirlwall's important contributions to the macroeconomics of economic growth and the role that the balance of payments plays in this process. . . Thirlwall's core lessons will leave the reader with a solid foundation for understanding the entrenched macroeconomic problems of our emerging world order.' -- Robert E. Prasch, Review of Political Economy'The book is an important addition to the current literature on balance-of-payments and exchange-rate policy in developing countries. It offers a view that is different from the standard approach and forces us to reconsider the conventional wisdom. Thirlwall builds on his rich past research and puts out a short and readable book that is very much needed not only in the classroom but also in the offices of policymakers and international institutions.' -- Mohammed Akacem, The Journal of Energy and DevelopmentTable of ContentsContents: Preface Introduction 1. Trade and Growth 2. Trade and the Balance of Payments 3. Exchange Rate Systems and Policy 4. What is Wrong with Balance of Payments Adjustment Theory? 5. A New International Economic Order Bibliography Index

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Book SynopsisThis volume investigates the relationship between economic globalization and institutions, or global governance, challenging the common assumption that globalization and institutionalization are essentially processes which exclude each other. Instead, the contributors to this book show that globalization is better perceived as a dual process of institutional change at the national level, and institution building at the transnational level. Rich, supporting empirical evidence is provided along with a theoretical conceptualization of the main actors, mechanisms and conditions involved in trickle-up and trickle-down trajectories through which national institutional systems are being transformed and transnational rules emerge.The book collectively argues that transnational institution building is one of the most striking features of the current period of internationalization. As a consequence, debates concerning globalization and global governance have to be reformulated. The authors posit that globalization is not threatening governance, but in fact globalization reflects a particular type of governance. The dilemma, therefore, is not between globalization and institutions, but between different meanings of governance and the balance that should be reached between them.Globalization and Institutions will be of special interest to academics and scholars of institutional economics, globalization and management. However, with its focus on two key debates for which there is clearly rising interest, many social scientists will find the book of interest.Trade Review'This valuable edited volume will move forward the debate on national business systems/varieties of capitalism in the context of globalization and provide new directions for it. Both in its persuasive theoretical sections and in its empirical chapters, the work shifts our focus to the transnational space and its interaction with national and sub-national levels. It moves away from a determinist institutionalist analysis and puts more emphasis on actors at sub-national level and their contribution to a complex and multi-directional process of non-linear change. The volume is particularly preoccupied with rule-making at the transnational level and the impact of new rules on national institutions. In contrast to many conference volumes, this one excels through a genuine integration of theory with empirical chapters and through a selection of authors who all tackle new and highly topical aspects of economic globalization.' -- Christel Lane, University of Cambridge and St John's College, Cambridge, UK'The rapid rise of supra-national institutions, in Europe and worldwide, has had a great impact on the ways business organizes and operates. New rules and regulations, professions, organizations, and models arise and become established. They provide new uncertainties and opportunities, but in any case greatly change the conditions businesses confront. Marie-Laure Djelic and Sigrid Quack have put together a set of most impressive studies analyzing the whole process as it occurs in different economic sectors, and have presented these in a conceptual frame that helps the reader make sense of them. The studies here focus on the two main issues at hand in globalization or Europeanization. They analyze the rise, nature, and spread of the new institutional systems. And they analyze the impact of these systems on formerly-national businesses and economic arrangements. Readers concerned with the impact of globalization and the new Europe on business and economic organization will find the studies here invaluable.' -- John Meyer, Stanford University, USTable of ContentsContents: Introduction: Governing Globalization – Bringing Institutions Back In 1. Theoretical Building Blocks for a Research Agenda Linking Globalization and Institutions Part I: Globalization and National Institutional Change 2. Global Investors Meet Local Managers: Shareholder Value in the Finnish Context 3. Building up an Asset Management Industry: Forays of an Anglo-Saxon Logic into the French Business System 4. Message and Medium: The Role of Consulting Firms in Globalization and its Load Interpretation 5. Changing Transnational Institutions and the Management of International Business Transactions Part II: Globalization and Transnational Institution Building 6. Coordinating Transnational Competition: Changing Patterns in the European Pulp and Paper Industry 7. Path-dependent National Systems or European Convergence? The Case of European Electricity Markets 8. Europe’s Special Case: The Five Corners of Business–state Interactions 9. Multilateral Rulemaking: Transatlantic Struggles Around Genetically Modified Food 10. Innovations in Governance: Global Structuring and the Field of Public Exchange-Traded Markets 11. Structuring Dispute Resolution in Transnational Trade: Competition and Coevolution of Public and Private Institutions Conclusion: Globalization as a Double Process of Institutional Change and Institution Building Index

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Book SynopsisHuman Capital, Trade and Public Policy in Rapidly Growing Economies argues that only two centuries ago, no society had ever enjoyed sustained growth in living standards. The contributors to this book aim to discover why the world today exhibits a predilection for perpetual self-improvement.In particular, the book focuses on the forces underlying long-lasting growth in East Asia's Newly Industrialized Countries (NICs). Drawing from the experiences of Hong Kong, South Korea, Singapore and Taiwan, it questions whether public policy can contribute to removing barriers towards accumulation of wealth, and if so, what development policy should be put in place to remedy the existing distortions or market failure problems.Theoretical and empirical analyses are also used to broach other important issues, such as: Why do some economies experience growth while others decline? What are the major determinants of long-term growth and development? Is human capital the main driving force? Does international trade play a crucial role? This book will appeal to those with an interest in development and public policy.Table of ContentsContents: Foreword 1. Introduction: A Quick Reference to Growth Theory Part I: Human Capital 2. Market Structure and Innovation Revisited: Endogenous Productivity, Training and Market Shares 3. Human Capital Formation and Patterns of Growth with Multiple Equilibria 4. On the Relationship Between Fertility and Public Education in Different Stages of Development 5. Productivity Growth and Catch-up in Less-developed Economies Part II: Trade 6. Total Factor Productivity and the Catching-up Process 7. Indeterminacy in a Dynamic General Equilibrium Model of International Trade 8. Evaluating the Quantitative Effects of Import Restrictions – An Almost Neoclassical Benchmark 9. Innovation in a Shrinking World Part III: Public Policy 10. Long-run Effects of Financial Policy in an Endogenously Growing Economy 11. Credit Rationing, Public Borrowing and Endogenous Growth 12. Government Expenditure and Social Status in a Two-sector Model of Endogenous Growth 13. Economic Growth and the Environmental Kuznets Curve in Taiwan: A Simultaneity Model Analysis Index

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Book SynopsisThe WTO's attempts at agricultural trade liberalization have raised concerns that the current movement towards globalization fails to adequately address environmental issues. Even in developed countries, where agriculture at the farm-level represents a small fraction of total GDP, trade-induced changes in agricultural production levels could have considerable environmental effects. This timely new book analyzes the possible linkages between agricultural trade liberalization and the environment, and assesses the negative and positive impacts of any possible reforms. The authors begin by providing an extensive empirical examination of the potential environmental consequences of agricultural trade liberalization at both a global and US level. However, not only might changes in trade policy affect the environment, but environmental policy can also influence trade. Consequently, the authors conduct a detailed study of the impact of US agri-environmental policies on trade flows. To conclude, they investigate conceptual and policy aspects of the important inter-relationship between agricultural trade and unintentional environmental by-products, transboundary concerns and multilateral environmental agreements.In the context of ongoing trade negotiations, this comprehensive book provides an objective overview of the potential economic consequences of the relationship between trade and the environment. It will be of special interest to agricultural, development and environmental economists as well as policymakers and policy analysts confronting the practical problems of environmental and economic assessment.Trade Review'. . . the book provides a comprehensive analysis of multiple aspects of the relationship between trade and the environment. . . It is definitely an eye-opener and a step forward in an ever more important discussion. It highlights the extreme complexity of the relationship between trade liberalization, agricultural policy and environmental effects and shows that trade liberalization does not and should not exclude environmentally friendly agricultural production.' -- Angela M. Hau, Quarterly Journal of International Agriculture'This is a very valuable and timely book that provides insightful factual and methodological perspectives on the co-evolution of agriculture and the environment in an era of trade liberalization and environmental regulation. It is an especially useful resource for understanding the emerging agricultural policies, which integrate environmental, international trade and income distribution considerations. It will be very beneficial for students of agricultural policy as it provides broad perspectives on both the forces shaping the future of global agriculture and the environment, and the crucial details of modeling for policy assessment and design.' -- David Zilberman, University of California, Berkeley, US'The environmental consequences of trade are a major issue in the debate over the merits of expanded global trade. This book offers a systematic and accessible presentation of the conceptual issues and empirical results related to agricultural trade and the environment, as well as the impacts of environmental policies on trade. Agriculture is in many countries a major environmental driver, making an understanding of the environmental consequences of agricultural trade essential for a comprehensive understanding of the trade and environment issue. The empirical work presented in this book is largely focused on the United States but there are conceptual and methodological lessons that can be applied to studies in other contexts. The book is a valuable contribution to the emerging scientific evaluation of trade and the environment. It will be of interest to economists and policy analysts working in this area.' -- James Shortle, Pennsylvania State University, USTable of ContentsContents: Preface 1. Introduction Joseph Cooper 2. The Environmental By-Products of Agriculture: International Policy Responses Joseph Cooper, Jason Bernstein, Uptal Vasavada amd Jean-Christophe Bureau PART I: ENVIRONMENTAL IMPACTS OF TRADE LIBERALIZATION 3. Some Domestic Environmental Effects of US Agricultural Adjustments under Liberalized Trade: A Preliminary Analysis Joseph Cooper, Robert Johansson and Mark Peters 4. Global Environmental Effects of Agricultural Adjustments under Liberalized Trade John Sullivan and Kevin Ingram PART II: TRADE IMPACTS OF AGRI-ENVIRONMENTAL PROGRAMS 5. Domestic Agri-Environmental Policies in a Trade Perspective Mark Peters and Mark Smith 6. Effects of Agri-Environmental Payment Policies on Agricultural Trade Joseph Cooper, Mark Peters and Roger Claasen PART III: IMPLICATIONS FOR RESEARCH AND POLICY 7. Multilateral Environmental Agreements and Trade Joseph Cooper and Jonathan Kaplan 8. Further Considerations Joseph Cooper References Index

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Book SynopsisAgricultural Policy Reform and the WTO provides insights into the effects of the Uruguay Round WTO agreement on agricultural policy and global markets, and considers what is at stake in the Doha Development Agenda Round. The contributors to the book deal with a broad range of topics, including the evolution of domestic and trade policies in the last ten years across developed and developing countries and proposals made in the agricultural negotiation regarding market access, export subsidies and domestic support; new issues emergent in agricultural trade negotiations are also explored, including: interaction between national regulatory systems and the deepening integration of the international trade regime intellectual property rights protection food safety• quality regulations antidumping trade protection. Finally, the future of international trade relations is discussed, in particular the implications of enforcing domestic regulations to comply with international rules.This rich collection of research and analysis will be invaluable to researchers, academics and policymakers with an interest in agricultural policy analysis and international economics.Trade Review‘Agricultural Policy Reform and the WTO provides in-depth information and analyses and covers many relevant and timely topics related to agricultural policies, trade and developing countries. The volume contains useful lessons learnt from the post Uruguay period and answers its self-imposed question by pointing at unfinished business and future challenges. It is definitely a useful resource and should not only stimulate discussion among practitioners and scientists, but also encourage innovative research and political action.' -- Clemens Breisinger, Quarterly Journal of International Agriculture'The volume contains contributions from many of the world's leading agricultural policy researchers. As a result, it maintains a generally high academic standard despite being undeniably policy focused.' -- Emma Aisbett, Journal of Economic Literature'This is an important volume, containing contributions by an outstanding group of authors on some of the central issues of the Doha agenda negotiations. Distinguishing features of the volume include its comprehensive coverage of the issues, and the way the authors explain them in comprehensible terms, covering both the historical context and the debates currently raging in the WTO.' -- Will Martin, The World Bank, USTable of ContentsContents: Preface Agricultural Policy Reform: Past Present and Future Part I: Agriculture and Agricultural Policy Changes Ten Years After the Uruguay Round Part II: The Three Pillars of the WTO Negotiations on Agriculture Part III: Agricultural Trade Relations, WTO Negotiations on Agriculture and the Developing World Part IV: The WTO and the Future of International Trade Relations Index

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Book SynopsisGlobal Regionalization examines the astonishing political and economic changes that have completely reshaped the political geography of certain regions during the past fifteen years. It deals with the concept of global bloc formation, examining the impacts that changing political-economic conditions and relationships in and between nations have on demographic and economic flows. The contributors examine areas including; the Central European states which previously belonged to the Soviet block and now form part of an extended Europe; the growing affinities amongst Muslims worldwide but most especially in the Middle East, North Africa and the former South Central Soviet region. The book argues that as former adversaries in Central Asia are beginning to find ways of forging new ties, India may eventually emerge as a core state in the new emerging region. At the same time China is increasingly gaining momentum amidst other fast growing economies in the Pacific Rim, gradually moving the point of gravity in the region westwards. The book will be of interest to economists, geographers, planners and regional scientists because it explains the latest trends in global and regional industrial development. It will also appeal to sociologists and political scientists as it examines why global and regional core peripheral differentials keep on widening.Table of ContentsContents: Preface PART I: TRENDS IN GLOBALIZATION 1. Introduction: The Changing Global Economic Landscape H.S. Geyer PART II: GLOBAL CORE REGIONS 2. North America: A Region of Core Peripheral Extremes H.W. Richardson, L.S. Bourne, P. Gordon, C.J. Henrie, D. Plane, J. Simmons and B. Lee 3. Extended Europe: Patterns of Agglomeration, Migration and Economic Performance Differentials E. Heikkilä, P. Nijkamp, I. Traistaru and S. Yousfi 4. The Extended Pacific Rim: An Awakening Giant C.-H.C. Bae and K.M. Chan PART III: THE GLOBAL PERIPHERY 5. Middle East and North Africa: Intraregional Fragmentation and Clustering B.A. Portnov, R. Shechter and Y. Gradus 6. Sub-Saharan Africa: A Region Economically Delayed H.S. Geyer and I.J. van der Merwe 7. Latin America: A Region of Shared Loyalties and Persistent Dependencies A.G. Aguilar and B. Graizbord 8. Central Asia: India, the Centre of an Emerging Region? O.P. Mathur and D. Mookherjee Index

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Book SynopsisIn this, his final book, Gavin Boyd has brought together a distinguished group of experts on the nature and extent of transatlantic policy coordination and its implication for corporate strategy. This remarkably relevant set of papers offers a discussion on the economic and financial linkage between Europe and North America, as well as the trade and investment rules governing this interaction.The complexities of the transatlantic relationship are analyzed in chapters dealing with: financial integration, transfer of knowledge and technology, transatlantic trade and corporate partnership, transatlantic trade and investment links, simultaneous intra-regional as well as transatlantic trade and the implications for antitrust policy of the activities of multinational enterprises, structural positioning and macroeconomic policy coordination, international interdependence and the role of entrepreneurship, and the reform of international financial markets.Exploring growing transatlantic trade and investment linkages within their institutional contexts, this timely book will be invaluable to academics and researchers with an interest in international business and international economics. Practicing trade lawyers and policymakers will also find the book to be a fascinating read.Table of ContentsContents: Foreword Preface 1. The Role of Financial Markets in Economic Performance: The EU and the USA 2. Atlantic Interdependent Knowledge-Based Economies 3. Atlantic Commerce 4. Structural Potentials in Atlantic Trade: Measuring the Impact of a US–Europe Free Trade Agreement 5. The Regional Dimension of Multinational Enterprises and Antitrust Policy 6. Interregional Integration: Collective Management Tasks 7. Concerting Entrepreneurship: An International Public Good 8. Institutionalizing Atlantic Structural Partnering 9. The Development and Structure of Financial Markets in the European–American Economy Index

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Book SynopsisCapital flight - the unrecorded export of capital from developing countries - often represents a significant cost for developing countries. It also poses a puzzle for standard economic theory, which would predict that poorer countries be importers of capital due to its scarcity. This situation is often reversed, however, with capital fleeing poorer countries for wealthier, capital-abundant locales. Using a common methodology for a set of case studies on the size, causes and consequences of capital flight in developing countries, the contributors address the extent of capital flight, its effects, and what can be done to reverse it. Case studies of Brazil, China, Chile, South Africa, Thailand, Turkey and the Middle East provide rich descriptions of the capital flight phenomena in a variety of contexts. The volume includes a detailed description of capital flight estimation methods, a chapter surveying the impact of financial liberalization, and several chapters on controls designed to solve the capital flight problem. The first book devoted to the careful calculation of capital flight and its historical and policy context, this volume will be of great interest to students and scholars in the areas of international finance and economic development.Trade Review'This book makes an important contribution to our understanding of capital flight from developing countries and deserves shelf space in every serious library.' -- John Christensen, Tax Justice Focus'One of the most significant developments in the global economy over the past 25 years has been the growth of international capital movements following the financial deregulation of the 1980s. Some argued that the removal of capital controls would lead to only a one-off adjustment. That has proved false. In addition to the continued high level of recorded short-term financial flows, this book documents the large scale unrecorded capital flights that have hit a number of developing countries. This book represents the most thorough and significant analysis and documentation of this important economic phenomenon.' -- Jonathan Michie, Birmingham Business School, UKTable of ContentsContents: Preface PART I: SETTING THE STAGE 1. Introduction Gerald Epstein 2. Capital Account Liberalization, Growth and the Labor Share of Income: Reviewing and Extending the Cross-Country Evidence Kang-kook Lee and Arjun Jayadev 3. Capital Flight: Meanings and Measures Edsel L. Beja, Jr. PART II: CAPITAL FLIGHT: CASE STUDIES 4. Capital Flight from South Africa, 1980–2000 Seeraj Mohammed and Kade Finnoff 5. The Determinants of Capital Flight in Turkey, 1971–2000 Anil Duman, Hakki C. Erkin and Fatma Gül Unal 6. Capital Flight from Thailand, 1980–2000 Edsel L. Beja, Jr., Pokpong Junvith and Jared Ragusett 7. A Class Analysis of Capital Flight from Chile, 1971–2001 Burak Bener and Mathieu Dufour 8. Capital Flight from Brazil, 1981–2000 Deger Eryar 9. A Development Comparative Approach to Capital Flight: The Case of the Middle East and North Africa, 1970–2002 Abdullah Almounsor 10. Capital Flight from China, 1982–2001 Andong Zhu, Chunxiang Li and Gerald Epstein PART III: POLICY ISSUES 11. Regulating Capital Flight Eric Helleiner 12. Capital Management Techniques in Developing Countries Gerald Epstein, Ilene Grabel and Sundaram Kwame Jomo 13. Africa’s Debt: Who Owes Whom? James K. Boyce and Léonce Ndikumana Index

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Book SynopsisThe Handbook on International Trade Policy is an insightful and comprehensive reference tool focusing on trade policy issues in the era of globalization. Each specially commissioned chapter deals with important international trade issues, discusses the current literature on the subject, and explores major controversies. The Handbook also directs the interested reader to further sources of information.The expert contributors cover both traditional and more current concerns including: history of thought on trade policy the development of multilateral organizations such as the World Trade Organization border restrictions and subsidies regional trade agreements trade and the environment animal, plant and food safety measures international protection of intellectual property and sanctions. Presenting a broad and state-of-the-art perspective on the topic, this highly accessible Handbook will prove an invaluable resource to researchers, academics, policymakers and practitioners concerned with international trade policy.Trade Review'This book obtains its broad expertise by pulling together expertise from a wide range of experts in the way that each chapter is written by authors specialized in the topic addressed. . . This Handbook on international trade policy is a good summary of theories, policy instruments and their effects and is written in an understandable manner. Most parts are suited for students and those who want to start understanding international trade policy. It is also useful for researchers, policy-makers and practitioners looking for quick guidance on different topics in international trade policy. The clear structure of the book organized by topics allows for a quick and easy reference.' -- Martin Grass, Quarterly Journal of International AgricultureTable of ContentsContents: Preface 1. Introduction to Trade Policy William A. Kerr PART I: EVOLUTION AND ECONOMIC CONTEXT 2. Theory and Practice in the Conduct of Trade Policy Sidney Weintraub 3. History of Economic Thought on Trade Policy Andrea Maneschi 4. Modern History of Trade Policy William M. Miner 5. Modeling Approaches to the Analysis of Trade Policy: Computable General Equilibrium and Gravity Models Olena Ivus and Aaron Strong PART II: TRADE AGREEMENTS 6. Why Are There Trade Agreements? James Gaisford and Annette Hester 7. Overview of Trade Agreements: The Multilateral System Tim Josling 8. Overview of Trade Agreements: Regional Trade Agreements Nicholas Perdikis 9. The Breadth of Integration Arising from Trade Agreements Peter W.B. Phillips 10. Trade Agreements: Depth of Integration Nicholas Perdikis 11. Trade Creation and Trade Diversion: Analyzing the Impact of Regional Trade Agreements Lindsay Kendall and James Gaisford 12. Rules of Origin and Tariff Circumvention Sarah Lang and James Gaisford 13. Economies of Scale, Imperfect Competition and Market Size Michael Benarroch 14. Trade in Services Eugene Beaulieu 15. Trade-related Intellectual Property Rights, Trade Flows and National Welfare Olena Ivus PART III: TRADE POLICY INSTRUMENTS 16. Trade Distortion: Border Measures versus Domestic Support James Gaisford 17. Tariffs: National Welfare and Distributional Issues Jean-Philippe Gervais and Bruno Larue 18. Trade and Domestic Policy: Conduct and Modeling John Whalley 19. Tariffication: Theoretical Justification and Problems of Implementation Laura J. Loppacher and William A. Kerr 20. Tariff Spikes and Tariff Escalation André M. Nassar, Zuleika Arashiro and Marcos S. Jank 21. Export Taxes: How They Work and Why They Are Used Ryan Scholefield and James Gaisford 22. Import Quotas and Voluntary Export Restraints Stefan Lutz 23. Tariff Rate Quotas David Skully 24. Quota Administration David Skully 25. Capitalization of Trade Policy Benefits William A. Kerr 26. Direct and Indirect Export Subsidies James Rude 27. Production Subsidies Karl D. Meilke and John Cranfield 28. Strategic Export Subsidies Stefan Lutz 29. Government Procurement Linda M. Young 30. State Trading Agencies Bruno Larue and Jean-Philippe Gervais 31. Administrative Measures: Restraining Bureaucracy from Inhibiting Trade William A. Kerr PART IV: CONTINGENCY AND SAFEGUARD MEASURES 32: Antidumping: Theory and Practice, Rationales and Calculation Methods Carol Chui-Ha Lau 33. Unfair Subsidies and Countervailing Duties Katherine Baylis 34. Administrative Procedures, the Distribution of Costs and Benefits, and Incentives in Anti-dumping Cases Richard Barichello 35. Safeguard Measures and Impediments to Labour Mobility Lawrence Leger and James Gaisford PART V: COORDINATING TRADE POLICY WITH DOMESTIC POLICY 36. Sanitary and Phytosanitary Issues Grant E. Isaac 37. Technical Barriers to Trade Jill E. Hobbs 38. Ethical Issues in Trade Grant E. Isaac 39. Trade and the Environment: What Do We Know? Brian R. Copeland 40. Trade Agreements and Multilateral Environmental Agreements Ken Belcher PART VI: TRADE POLICY AND DEVELOPMENT 41. Import Substitution Industrialization James B. Gerber 42. Export Promotion Policies James B. Gerber 43. The Generalized System of Preferences and Special and Differential Treatment for Developing Countries in the GATT and WTO Robert Read 44. International Commodity Agreements Christopher L. Gilbert 45. International Trade and Wages Eugene Beaulieu PART VII: TRADE POLICY: ENFORCEMENT AND COERCION 46. Dispute Settlement, Compensation and Retaliation under the WTO Robert Read 47. Economic Sanctions for Foreign Policy Purposes: A Survey of the Twentieth Century Gary Hufbauer and Barbara Oegg 48. Trade Related Aspects of Intellectual Property: Enforcement Issues William A. Kerr Index

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Book SynopsisThe Economic Potential of a Larger Europe gives insights into past, present and future issues related to the ongoing EU enlargement process. Providing a unique forum for debate and a multiplicity of views and experiences from both high-profile academics and those who engage with enlargement on an implementation level, this book covers a wide range of topics that are key to a successful transition and integration process and thus to the provision of a prosperous growth environment within a larger Europe. Special attention is paid to monetary integration, notably entry into ERM II, on which representatives of the national central banks involved present their views.Given the non-technical language of most contributions, this publication targets a broad audience generally interested in the future of the EU, in the design of the enlargement process, and in the challenges of reform on the road to a stronger Europe.This is a book that can be recommended for economists as well as experts in the fields of European integration, Central and Eastern Europe, and EU enlargement from governments, international organizations, central, commercial and investment banks, and universities and research institutes.Trade Review'This book is a valuable and comprehensive account of the broad range of economic issues that the widening and deepening European Union is confronted with at the current stage and in the next years to come. It is a most useful and timely reference for a broad readership.' -- Tommaso Padoa-Schioppa, European Central BankTable of ContentsContents: Preface Executive Summary EU Enlargement in 2004 – A Time to Revisit Transition Challenges Part I: Reconciling Policies for Europe Part II: Key Issues for Capacity Building Part III: Human Capital and Capacity Building – Experiences and Lessons for the Future Part IV: The Role of FDI and Trade Integration in the Catching-up Process Part V: The Road to Monetary Union Part VI: Corporate Governance, Financial Markets and the Optimal Role of the State Part VII: Stabilization of Expectations – Macroeconomic and Structural Policies in an Enlarged Euro Area Part VIII: Economic and Monetary Union – A Leading Indicator for Political Union? Index

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Book SynopsisIn the last decade, the gold market in China has developed drastically, both within itself and within the global gold market. Aimed at Chinese gold practioners, policymakers and industry managers, this book explores and outlines the history of the Chinese gold market.Table of Contents Preface 1 Preface 2 Foreword Gold Control Arising from Resource Shortage Surging Undercurrent under Firm Ice 3 Breakthrough of Gold Market from Scratch 4 Top-level Design of Chinese Gold Market 5 A Latecomer's Pursuit and Surpassing 6 An Encounter on the Road to Internationalization 7 A Diversified Market System 8 Innovative Gold Consumption Demands 9 A Gold Investment Market Derived from Development 10 A Gold Market with Diversified Means of Transaction 11 A Gold Market under Progressive Internationalization 12 Prospect: Thoughts on Future Development 13 Gold Market: The Third Segmentation Afterword References

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Book SynopsisWith the rapid development of trade globalisation, transportation plays a critical role, and outsourcing transportation has become a common practice in the modern logistics industry. This book studies two classes of decision-making optimisation problems widely concerned in the modern logistics industry: transportation service procurement problems, and online-to-offline food pickup and delivery problems.Table of Contents Preface 1 Chapter1 Introduction Chapter2Two-phrase Evolutionary Algorithm for the Bi-objective Full Truckload Transportation Service Procurement Problem Chapter 3 Bi-objective Branch-and bound for the Transportation Service Procurement Problem with Transmit Time and Total Quantity Discounts Chapter 4 Bi-objective Memetic Algorithm for the O2O Food Pickup and Delivery Problem with Time Windows Chapter5 Conclusions Bibliography Acknowledgements

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Book SynopsisThis is the first comprehensive informational database of the major political, economic and legal issues that organisations world-wide need to know about in order to do business in Russia and surrounding countries. The text summarises the major economic developments in this dynamic region, provides accurate and up to date sources on business legislation, and gives crucial practical advice to business people and foreign investors. Using local as well as international sources, each country text provides detailed information on: Best business opportunities and sectors; Legal issues relevant to trade and business activities, including franchising; Information on investment laws, the judiciary, labor law, taxation, IPR laws, currency and banking, and business partnership opportunities; Contact details of government offices, business associations, calendars of business events, etc. While the Energy sector holds a global significance and tops the international business communities' investment priorities, especially in Russia and Kazakhstan, economic dynamism has been demonstrated over the last decade in all these countries, and there are substantial business opportunities in all economic sectors. Written by an Economics Analyst with a proven track record in providing business information, and a Corporate Lawyer with extensive experience of engaging at contractual level with business and government organisations in these countries, this book is essential reading for all those involved in Legal, Business, Investment and Political decision-making.Table of ContentsInvesting in Russia; Investing in Ukraine; investing in Latvia; Investing in Lithuania; Investing in Kazakhstan; Index.

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Book SynopsisChina is an emerging superpower with growing economic and political interests worldwide that need to be preserved and enhanced. As China becomes economically powerful, it has also become more ambitious and assertive. Its foreign policy strategy is aimed at protecting the country from external threats as it pursues its geopolitical interests, allowing China to continue with economic reforms as well as the acquisition of comprehensive national power. China initially shied away from playing an active role in international affairs commensurate with its economic weight. This was primarily because the political leadership made a strategic choice to concentrate on economic development at home without attempting a more interventionist global role lest it distract from the number one priority of economic development. But the last few years have seen China shun this reticence like a traditional great power and signal that it is no longer willing to watch international events unfold from the sidelines, thereby promoting its new status as a global player of significance. It is this evolving global profile of China that is the focus of this book as Harsh V Pant examines the growing role of China in various parts of the world -- Asia-Pacific, South Asia, Africa, Middle East, Indian Ocean and Europe -- and the tough diplomatic choices that it is having to make as it goes about asserting its interests.Table of ContentsPreface; Introduction by Moshe Ma'oz; Modern Myths of Muslim Anti-Semitism; The Image of the Jew/Zionist/Israeli in the Arab World; The Breakdown of Arab-Israeli Peace: Research from Remote, Reciprocal Stereotypes & Anti-Normalization - The Case of Jordan; Islam & the Question of Peace with Israel: Jad al-Haqqs Fatwa Permitting Egypts 1979 Peace Treaty with Israel; Saudi Arabia & Israel: The Essence of Strategic Pragmatism; Myth, History & Realpolitik: Morocco & its Jewish Community; Babylon versus Zion: Changing Iraqi Perceptions of Israel; Azerbaijani Public Perceptions of Jews & the Israeli-Palestinian Conflict; Turkish Policy towards the Israeli-Palestinian Conflict; Dancing in the Dark: Pulling the Veil off Israeli-Pakistan Relations; Indian Muslims & the Three Js: Jews, Jerusalem & the Jewish State; Indonesian Muslims Perceptions of Jews & Israel; African Islam: Its Attitudes towards Israel & Judaism; "The Triangle": Europeans, Muslims, Jews; An Examination of Current Attitudes of Muslim Americans Toward Jews, Israel & Jerusalem; Index.

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Book SynopsisThis book investigates the presence of Chinese and Indian companies in Europe and the impact that the current global financial crisis has had on their corporate behaviour and strategies. Have investments been cancelled or postponed? Has the crisis created new opportunities for investment? Is the behaviour of Chinese and Indian firms to these new circumstances similar? In addressing these challenging questions the authors used a proprietary data base encompassing over 1,500 investments (greenfield operations, mergers-and-acquisitions, joint ventures, horizontal/vertical extensions) made throughout Europe by companies from China (Mainland and Hong Kong) and India since the 1990s. Comparisons were made according to several criteria (eg: spatial patterns, modes of entry, sector and function distribution) -- to pinpoint differences and likenesses. In addition, face-to-face interviews were conducted in order to elaborate congruent case studies in traditional sectors (textile/clothing), or in new sectors (software for Chinese companies). The crisis had an impact on both investors in the following terms: lower amounts of investment, more merger-and-acquisition deals in absolute and relative terms, more focus on the largest economies (particularly the UK), and a targeting of specific assets such as critical technologies, international management capability, renowned brands and sale networks. In conclusion, in the years following the global financial crisis Indian investments in Europe have been more significantly affected than Chinese investments due, to a large extent, to the support of the Chinese state.

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Book SynopsisChina is an emerging superpower with growing economic and political interests worldwide that need to be preserved and enhanced. As China becomes economically powerful, it has also become more ambitious and assertive. Its foreign policy strategy is aimed at protecting the country from external threats as it pursues its geopolitical interests, allowing China to continue with economic reforms as well as the acquisition of comprehensive national power. China initially shied away from playing an active role in international affairs commensurate with its economic weight. This was primarily because the political leadership made a strategic choice to concentrate on economic development at home without attempting a more interventionist global role lest it distract from the number one priority of economic development. But the last few years have seen China shun this reticence like a traditional great power and signal that it is no longer willing to watch international events unfold from the sidelines, thereby promoting its new status as a global player of significance. It is this evolving global profile of China that is the focus of this book as Harsh V Pant examines the growing role of China in various parts of the world -- Asia-Pacific, South Asia, Africa, Middle East, Indian Ocean and Europe -- and the tough diplomatic choices that it is having to make as it goes about asserting its interests.Table of ContentsPreface; Introduction by Moshe Ma'oz; Modern Myths of Muslim Anti-Semitism; The Image of the Jew/Zionist/Israeli in the Arab World; The Breakdown of Arab-Israeli Peace: Research from Remote, Reciprocal Stereotypes & Anti-Normalization - The Case of Jordan; Islam & the Question of Peace with Israel: Jad al-Haqqs Fatwa Permitting Egypts 1979 Peace Treaty with Israel; Saudi Arabia & Israel: The Essence of Strategic Pragmatism; Myth, History & Realpolitik: Morocco & its Jewish Community; Babylon versus Zion: Changing Iraqi Perceptions of Israel; Azerbaijani Public Perceptions of Jews & the Israeli-Palestinian Conflict; Turkish Policy towards the Israeli-Palestinian Conflict; Dancing in the Dark: Pulling the Veil off Israeli-Pakistan Relations; Indian Muslims & the Three Js: Jews, Jerusalem & the Jewish State; Indonesian Muslims Perceptions of Jews & Israel; African Islam: Its Attitudes towards Israel & Judaism; "The Triangle": Europeans, Muslims, Jews; An Examination of Current Attitudes of Muslim Americans Toward Jews, Israel & Jerusalem; Index.

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Book SynopsisEast Asian countries - currently the most dynamic region of the global economy - have recently pursued trade liberalization through the adoption of various forms of bilateral and plurilateral Free Trade Agreements (FTAs). The book explores the key issues and possible outcomes arising from this departure from the region's traditional multilateral approach to trade liberalization. Implications of this new approach for the region as a whole, and key participating individual economies and blocs of economies, are emphasized.New East Asian Regionalism includes up-to-date analysis of the most recent developments in FTAs between countries in East Asia, as well as those involving countries from outside the region. Furthermore, the book includes invaluable projections on economic and welfare outcomes of regional trade agreements, using the very latest empirical techniques, and data. The book also considers the implications arising from closer financial integration in the region.This book will be warmly welcomed by scholars of regional science, international economics and business, as well as Asian studies. Policymakers at both the national government and international organization level will also find this book of great interest.Trade Review'The authors in this book discuss the recent upsurge of regional economic integration in the East Asian region, covering basic background, the structural characteristics of the integration, country-specific perspectives, and monetary cooperation. The virtue of the book lies not only in dealing with the Asian regionalism in a comprehensive way but also in providing many insightful analyses of its impacts on global supply, production, and distribution networks. Moreover, it analyzes monetary integration, and suggests some policy implications of the common currency basket as a means to provide stable regional integration.' -- Young-Han Kim, Journal of Regional ScienceTable of ContentsContents: Part I: Introduction 1. Introduction Charles Harvie, Fukunari Kimura and Hyun-Hoon Lee Part II: Background and Context 2. East Asia and the Evolution of Preferential Trading Arrangements in the Asia-Pacific Region: A Stock-take Robert Scollay 3. Global Supply Networks and Multilateral Trade Linkages: A Structural Analysis of East Asia David Roland-Holst Part III: Issues in Trade and Investment Cooperation in East Asia 4. International Production/Distribution Networks and FTAs Fukunari Kimura and Mitsuyo Ando 5. Regional Trade Agreements and their Effect on Non Member Exports and Production Ryuhei Wakasugi and Kazuhiko Itoh 6. Trade Integration in ASEAN: An Application of the Panel Gravity Model Seyed Komail Tayyebi 7. Key Factors in Foreign Direct Investment Utilization in ASEAN+3 Yanyun Zhao and Zhao Lei Part IV: Country Perspectives on Asian Regionalism 8. The ASEAN Perspective on East Asian-wide Regionalism Suthiphand Chirathivat 9. Korea’s Perspectives on East Asian Regionalism Chan-Hyun Sohn and Hyun-Hoon Lee 10. Some Perspectives on China’s Role in the East Asian Economies Tang Zongming and Tran Van Hoa 11. ASEAN+3 and RTAs and their Impact on Asia–Australia Trade and Growth: Econometric Evidence from an Extended Gravity Theory Tran Van Hoa Part V: Monetary Cooperation in East Asia 12. Regional Economic and Monetary Integration – A Modelling and Policy Analysis Charles Harvie 13. Creating a Common Currency Basket for East Asia: Prospects and Key Issues Eiji Ogawa and Kentaru Kawasaki Index

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Book SynopsisGlobal Supply Chain Management brings together in two authoritative volumes the best and most interesting academic work on global supply chain management from international business and international management, marketing, strategic management, operations management, purchasing and supply management, and economics.It includes the various theories, levels of analysis, concepts, and empirical trends that have come to shape our understanding of this recently emerged area of research. The questions it answers include 'In what way do buyer-supplier relations differ across countries', 'What are the consequences of offshore sourcing for firms, industries, and countries', 'How should firms manage cultural differences between themselves and their suppliers', and 'How can firms use global SCM to improve their performance'.This book will be an invaluable resource to any academic researcher or student with an interest in global SCM, but is also accessible enough and useful for practitioners who deal with this topic at a strategic or tactical level.Trade Review'The global supply chain has become a vital part of a firm's value chain, especially with the increase of internal outsourcing in recent years. This volume explores the many dimensions of managing the global supply chains common in multinational firms today. It makes important contributions to the scholarly literature as well as to practice in this critical area of business. This volume is a must read for aspiring and established scholars and thoughtful executives.' -- Michael A. Hitt, Texas A&M University, College Station, US'Global Supply Chain Management presents innovative strategies and best practices for improving global supply chain performance. It offers excellent opportunity to understand and develop strategy for global supply chain integration across company and supply base. A highly relevant and insightful book.' -- Subhash Jain, University of Connecticut, USTable of ContentsContents: Volume I Acknowledgements Introduction Masaaki Kotabe and Michael J. Mol PART I GOING GLOBAL 1. Richard W. Moxon (1975), ‘The Motivation for Investment in Offshore Plants: The Case of the U.S. Electronics Industry’ 2. Sanjaya Lall (1978), ‘The Pattern of Intra-firm Exports by U.S. Multinationals’ 3. Masaaki Kotabe and Glenn S. Omura (1989), ‘Sourcing Strategies of European and Japanese Multinationals: A Comparison’ 4. David Levy and John H. Dunning (1993), ‘International Production and Sourcing: Trends and Issues’ 5. John McLaren (2000), ‘“Globalization” and Vertical Structure’ 6. Hong Y. Park (2000), ‘Foreign Direct Investment and Global Sourcing Choices of Firms in the US’ 7. Subramanian Rangan (2000), ‘Search and Deliberation in International Exchange: Microfoundations to Some Macro Patterns’ 8. Gene M. Grossman and Elhanan Helpman (2002), ‘Outsourcing in a Global Economy’ 9. Omar N. Toulan (2002), ‘The Impact of Market Liberalization on Vertical Scope: The Case of Argentina’ 10. Jörn Kleinert (2003), ‘Growing Trade in Intermediate Goods: Outsourcing, Global Sourcing, or Increasing Importance of MNE Networks?’ PART II NO PLACE LIKE HOME? 11. Marvin Berkowitz and Krishna Mohan (1987), ‘The Role of Global Procurement in the Value Chain of Japanese Steel’ 12. Martin Kenney and Richard Florida (1995), ‘The Transfer of Japanese Management Styles in Two US Transplant Industries: Autos and Electronics’ 13. Robert C. Feenstra (1998), ‘Integration of Trade and Disintegration of Production in the Global Economy’ 14. Peter Gibbon (2002), ‘At the Cutting Edge? Financialisation and UK Clothing Retailers’ Global Sourcing Patterns and Practices’ PART III HOW TO SOURCE GLOBALLY 15. Nathaniel H. Leff (1974), ‘International Sourcing Strategy’ 16. Peter J. Buckley and R.D. Pearce (1979), ‘Overseas Production and Exporting by the World’s Largest Enterprises: A Study in Sourcing Policy’ 17. William H. Davidson (1982), ‘Sourcing Strategy’ 18. Mark Casson (1985), ‘Multinationals and Intermediate Product Trade’ 19. S. Tamer Cavusgil, Attila Yaprak and Poh-Lin Yeoh (1993), ‘A Decision-making Framework for Global Sourcing’ 20. Paul M. Swamidass and Masaaki Kotabe (1993), ‘Component Sourcing Strategies of Multinationals: An Empirical Study of European and Japanese Multinationals’ 21. Robert B. Handfield (1994), ‘US Global Sourcing: Patterns of Development’ 22. Masaaki Kotabe and K. Scott Swan (1994), ‘Offshore Sourcing: Reaction, Maturation, and Consolidation of U.S. Multinationals’ 23. Cecil Bozarth, Robert Handfield and Ajay Das (1998), ‘Stages of Global Sourcing Strategy Evolution: An Exploratory Study’ 24. Leonidas C. Leonidou (1999), ‘Barriers to International Purchasing: The Relevance of Firm Characteristics’ 25. Walter W.C. Chung, Anthony Y.K. Yam and Michael F.S. Chan (2004), ‘Networked Enterprise: A New Business Model for Global Sourcing’ 26. Michael J. Mol, Pieter Pauwels, Paul Matthyssens and Lieven Quintens (2004), ‘A Technological Contingency Perspective on the Depth and Scope of International Outsourcing’ Name Index Volume II Acknowledgements An introduction by the editors to both volumes appears in Volume I PART I COSTS AND BENEFITS 1. U. Arnold (1989), ‘Global Sourcing – An Indispensable Element in Worldwide Competition’ 2. Jerome Witt and C.P. Rao (1992), ‘The Impact of Global Sourcing on Consumers: Country-of-Origin Effects on Perceived Risk’ 3. David L. Levy (1995), ‘International Sourcing and Supply Chain Stability’ 4. Janet Y. Murray, Masaaki Kotabe and Albert R. Wildt (1995), ‘Strategic and Financial Performance Implications of Global Sourcing Strategy: A Contingency Analysis’ 5. Janet Y. Murray and Masaaki Kotabe (1999), ‘Sourcing Strategies of U.S. Service Companies: A Modified Transaction-cost Analysis’ 6. Jinsook Cho and Jikyeong Kang (2001), ‘Benefits and Challenges of Global Sourcing: Perceptions of US Apparel Retail Firms’ 7. A. Coskun Samli and John M. Browning (2003), ‘Developing Competitive Advantage: International Sourcing As a Strategic Tool’ 8. Amy Z. Zeng and Christian Rossetti (2003), ‘Developing a Framework for Evaluating the Logistics Costs in Global Sourcing Processes. An Implementation and Insights’ PART II SYSTEMS OF SUPPLIER RELATIONS 9. Christel Lane and Reinhard Bachmann (1996), ‘The Social Constitution of Trust: Supplier Relations in Britain and Germany’ 10. Jeffrey K. Liker, Rajan R. Kamath, S. Nazli Wasti and Mitsuo Nagamachi (1996), ‘Supplier Involvement in Automotive Component Design: Are There Really Large US Japan Differences?’ 11. Mari Sako and Susan Helper (1998), ‘Determinants of Trust in Supplier Relations: Evidence from the Automotive Industry in Japan and the United States’ 12. Sven A. Haugland (1998), ‘The Cultural Dimension of International Buyer-Seller Relationships’ 13. Poul Houman Andersen (1999), ‘Organizing International Technological Collaboration in Subcontractor Relationships: An Investigation of the Knowledge-Stickiness Problem’ 14. Craig R. Carter (2000), ‘Ethical Issues in International Buyer-Supplier Relationships: A Dyadic Examination’ 15. Jeffrey H. Dyer and Wujin Chu (2000), ‘The Determinants of Trust in Supplier-Automaker Relationships in the U.S., Japan, and Korea’ PART III THE BEST PERFORMERS 16. James Richardson (1993), ‘Parallel Sourcing and Supplier Performance in the Japanese Automobile Industry’ 17. Masaaki Kotabe (1998), ‘Efficiency vs. Effectiveness Orientation of Global Sourcing Strategy: A Comparison of U.S. and Japanese Multinational Companies’ 18. Otto Andersen and Arnt Buvik (2001), ‘Inter-firm Co-ordination: International Versus Domestic Buyer-Seller Relationships’ 19. Janet Y. Murray (2001), ‘Strategic Alliance-Based Global Sourcing Strategy for Competitive Advantage: A Conceptual Framework and Research Propositions’ 20. Masaaki Kotabe, Xavier Martin and Hiroshi Domoto (2003), ‘Gaining from Vertical Partnerships: Knowledge Transfer, Relationship Duration, and Supplier Performance Improvement in the U.S. and Japanese Automotive Industries’ Name Index

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Book SynopsisRecurrent instability has characterized the global financial system since the 1980s, eventually leading to the current global financial crisis. This instability and the resultant disruptions - sovereign debt defaults, exchange rate misalignments, financial market illiquidity and asset price bubbles - are linked, in this book, to the shortcomings of the global financial system which tends to generate cycles of boom and bust in credit flows. These cycles are set in motion by the monetary impulses of major industrial countries and are amplified and propagated through the operation of global financial markets. Fabrizio Saccomanni argues that to counter such systemic instability requires that national authorities give adequate weight to financial stability objectives when formulating their monetary and regulatory policies. He maintains that appropriate multilateral strategies to deal with unsustainable trends in credit aggregates and asset prices should be devised in the International Monetary Fund in the context of a strengthened framework to deal with global payments imbalances and exchange rate misalignments.Providing a comprehensive historical and analytical survey of the causes, consequences and possible cures of international financial instability, this book will be of great interest to students and academics of international economics and finance. It will also appeal to financial market participants and analysts, government officials and central bankers as a comprehensive survey of the relevant academic literature and of the state of the policy debate.Trade Review'This book is a masterpiece. It combines a clear historical analysis of issues and causes of past international instability with a contemporary discussion of how to avoid future occurrences. It is a very informative book that caters to the need of the savvy and the uninformed. It reviews in a rigorous manner the core obstacles to achieving a durable global financial stability. The presentation is clear, simple and well organised. . . Saccomanni demonstrated a great understanding of monetary and financial matters. The book could not have been better timed given the deepening recession caused by the global financial meltdown. I am very delighted to recommend it.' -- Chika B. Onwuekwe, Journal of International Banking Law and Regulation'. . . the timing of this publication could not have been better, Fabrizio Saccomanni provides the reader with a well-written analytical and historical survey of the causes and consequences of international financial crisis and possible solutions. . . the book is enjoyable, compendious and concise. . . the book is worth reading by anyone who is interested in understanding the global financial system and is looking for a critical appraisal of its performance. In particular, students and academics of international economics can get a good overview on the issue of international financial stability, since the book bridges the gap between theoretical models and practical policy implications. . . Saccomanni's book is a well-written and valuable contribution to the debate - as already said before - the timing of its publication could hardly be better.' -- Ralf Fendel, Journal of Economics and StatisticsTable of ContentsContents: Foreword by Tommaso Padoa-Schioppa Preface Part I: The Tigers, the Tamers, the Circus 1. An Uneasy Relationship 2. Global Financial Players 3. Monetary and Financial Authorities 4. The Global Market for Foreign Exchange Part II: Global Finance between Crisis and Reform 5. The Crises of Global Finance 6. In Search of International Monetary and Financial Stability Part III: Challenging the Tigers 7. A Cage for the Dollar: The Plaza and Louvre Accords (1985–87) 8. The Seven-Year War of the French Franc (1991–98) 9. The Resistible Rise of the Yen (1995) 10. Double Play in Hong Kong (1998) 11. A Safety Net for the Euro (2000) 12. The Great Wall of the Chinese Renminbi (1994–2005) 13. How Did They Do It? Part IV: Epilogue 14. The Golden Mean Bibliography Index

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Book SynopsisThis authoritative edited volume offers, for the first time, a selection of critical perspectives on globalization. These critiques incorporate work from radical and feminist scholars opposing the new liberal ideology underlying globalization. It also sheds new light on the different types of costs and risks of globalization in terms of environment, health hazards, international terrorism and cultural homogenization.The book is intended for a wide audience and will be of interest to students and researchers in economics, politics, international relations, geography and development studies, as well as policy makers and activists in governmental and non-governmental organizations.Table of ContentsContents: Acknowledgements Introduction Marina Della Giusta, Uma S. Kambhampati and Robert Hunter Wade PART I SYSTEMIC CRITIQUES OF GLOBALIZATION A Critiques of the Neo-Liberal Ideology Underlying Globalization 1. Samir Amin (1997), ‘The Future of Global Polarization’ 2. Saskia Sassen (1996), ‘The State and the New Geography of Power’ 3. Branko Milanovic (2003), ‘The Two Faces of Globalization: Against Globalization as We Know It’ 4. Ha-Joon Chang and Ilene Grabel (2004), Introduction and Part I, Chapters 1-4, in Reclaiming Development: An Alternative Economic Policy Manual 5. Robert Hunter Wade (2004), ‘Is Globalization Reducing Poverty and Inequality?’ 6. Robert Hunter Wade (2004), ‘On the Causes of Increasing World Poverty and Inequality, or Why the Matthew Effect Prevails’ 7. Adrian Wood (1998), ‘Globalisation and the Rise in Labour Market Inequalities’ 8. Dani Rodrik (2005), ‘Feasible Globalizations’ 9. Dani Rodrik (2002), ‘Globalization for Whom? Time to Change the Rules – and Focus on Poor Workers’ 10. Nancy Birdsall (2002), ‘Asymmetric Globalization: Global Markets Require Good Global Politics’ 11. Jane D’Arista (2000), ‘Reforming International Financial Architecture’ B The Sustainability Critique 12. Susan George (2003), ‘Globalizing Rights?’ 13. Vandana Shiva (2000), ‘War against Nature and the People of the South’ 14. Simon Retallack (2001), ‘The Environmental Cost of Economic Globalization’ 15. Jerry Mander (2001), ‘Technologies of Globalization’ 16. Peter Newell (2002), ‘A World Environment Organisation: The Wrong Solution to the Wrong Problem’ 17. Nicholas G. Faraclas (2001), ‘Melanesia, the Banks, and the BINGOs: Real Alternatives are Everywhere (Except in the Consultants’ Briefcases)’ 18. Veronika Bennholdt-Thomsen (2001), ‘What Really Keeps Our Cities Alive, Money or Subsistence?’ C Gender and Globalization 19. Christine M. Koggel (2003), ‘Globalization and Women’s Paid Work: Expanding Freedom?’ 20. Richa Nagar, Victoria Lawson, Linda McDowell and Susan Hanson (2002), ‘Locating Globalization: Feminist (Re)readings of the Subjects and Spaces of Globalization’ 21. Ruth Pearson (2000), ‘Moving the Goalposts: Gender and Globalisation in the Twenty-first Century’ 22. Korkut Ertürk and William Darity, Jr. (2000), ‘Secular Changes in the Gender Composition of Employment and Growth Dynamics in the North and the South’ 23. Dong-Sook S. Gills (2002), ‘Globalization of Production and Women in Asia’ 24. Rhacel Salazar Parreñas (2001), ‘The International Division of Reproductive Labor’ 25. Naila Kabeer (2004), ‘Globalization, Labor Standards, and Women’s Rights: Dilemmas of Collective (In)action in an Interdependent World’ PART II RISKS AND THREATS ASSOCIATED WITH GLOBALIZATION 26. Richard Barnet and John Cavanagh (2001), ‘Electronic Money and the Casino Economy’ 27. David L. Heymann (2003), ‘The Evolving Infectious Disease Threat: Implications for National and Global Security’ 28. Takis Fotopoulos (2002), ‘The Global “War” of the Transnational Elite’ 29. Christopher W. Hughes (2002), ‘Reflections on Globalisation, Security and 9/11’ 30. Lael Brainard (2002), ‘A Turning Point for Globalisation? The Implications for the Global Economy of America’s Campaign against Terrorism’ 31. Arshin Adib-Moghaddam (2002), ‘Global Intifadah? September 11th and the Struggle within Islam’ 32. John Tomlinson (1999), ‘Globalised Culture: The Triumph of the West?’ 33. Desmond King and Amrita Narlikar (2003), ‘The New Risk Regulators? International Organisations and Globalisation’ Name Index

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Book SynopsisThe development of the modern global trading system has been extremely rapid - and not without controversy. The WTO (and its precursor, the GATT) have provided not only a set of multilateral rules and disciplines but also a forum for negotiation and a legal mechanism to settle trade-related disputes. This important two-volume collection includes key papers that provide a pertinent historical perspective as well as addressing the current and future issues that confront the trading system. The first volume focuses on the need for and genesis of multilateral trade rules and disciplines, and also examines the core non-discrimination rules. The second volume looks at reciprocity rules; the notification and surveillance of trade policy; the modalities for negotiating market access; and the difficulty in converting non-tariff trade measures into tariffs.Table of ContentsContents: Volume I Acknowledgements Introduction Kym Anderson and Bernard Hoekman PART I AN OVERVIEW 1. Bernard Hoekman (2002), ‘The WTO: Functions and Basic Principles’ PART II THE NEED FOR MULTILATERAL TRADE RULES AND DISCIPLINES 2. Jacob Viner (1924), ‘The Most-Favored-Nation Clause in American Commercial Treaties’ 3. James Meade ([1942] 1987), ‘A Proposal for an International Commercial Union’ 4. W. Max Corden (1987), ‘On Making Rules for the International Trading System’ 5. John A.C. Conybeare (1988), ‘Managing International Trade Conflicts: Explanations and Prescription’ 6. Charles P. Kindleberger (1989), ‘Commercial Policy between the Wars’ 7. Brian R. Copeland (1990), ‘Strategic Interaction among Nations: Negotiable and Non-Negotiable Trade Barriers’ 8. Douglas A. Irwin (1993), ‘Multilateral and Bilateral Trade Policies in the World Trading System: An Historical Perspective’ 9. Paul Krugman (1997), ‘What Should Trade Negotiators Negotiate About?’ 10. Robert W. Staiger and Guido Tabellini (1999), ‘Do GATT Rules Help Governments Make Domestic Commitments?’ 11. Kyle Bagwell and Robert W. Staiger (2002), ‘The Theory of Trade Agreements’ 12. Wilfred J. Ethier (2004), ‘Political Externalities, Nondiscrimination, and a Multilateral World’ 13. Joseph F. Francois and Will Martin (2004), ‘Commercial Policy Variability, Bindings, and Market Access’ PART III NONDISCRIMINATION 14. Harry G. Johnson (1965), ‘An Economic Theory of Protectionism, Tariff Bargaining, and the Formation of Customs Unions’ 15. Frieder Roessler (1985), ‘The Scope, Limits and Function of the GATT Legal System’ 16. Andrew Caplin and Karla Krishna (1988), ‘Tariffs and the Most-Favored-Nation Clause: A Game Theoretic Approach’ 17. Rodney D. Ludema (1991), ‘International Trade Bargaining and the Most-Favored-Nation Clause’ 18. Richard H. Snape (1993), ‘History and Economics of GATT's Article XXIV’ 19. Warren F. Schwartz and Alan O. Sykes (1996), ‘Toward a Positive Theory of the Most Favored Nation Obligation and Its Exceptions in the WTO/GATT System’ 20. Aaditya Mattoo (2000), ‘MFN and the GATS’ 21. Henrik Horn and Petros C. Mavroidis (2001), ‘Economic and Legal Aspects of the Most-Favored-Nation Clause’ 22. Damien J. Neven (2001), ‘How Should “Protection” be Evaluated in Article III GATT Disputes?’ 23. Phillip McCalman (2002), ‘Multi-lateral Trade Negotiations and the Most Favored Nation Clause’ Name Index Volume II Acknowledgements An introduction by the editors to both volumes appears in Volume I PART I RECIPROCITY 1. J.M. Finger (1974), ‘GATT Tariff Concessions and the Exports of Developing Countries – United States Concessions at the Dillon Round’ 2. J.M. Finger (1976), ‘Effects of the Kennedy Round Tariff Concessions on the Exports of Developing Countries’ 3. Jagdish N. Bhagwati and Douglas A. Irwin (1987), ‘The Return of the Reciprocitarians – US Trade Policy Today’ 4. Carolyn Rhodes (1989), ‘Reciprocity in Trade: The Utility of a Bargaining Strategy’ 5. Ayre L. Hillman and Peter Moser (1996), ‘Trade Liberalization as Politically Optimal Exchange of Market Access’ 6. Bernard M. Hoekman and Patrick A. Messerlin (2000), ‘Liberalizing Trade in Services: Reciprocal Negotiations and Regulatory Reform’ 7. J. Michael Finger and L. Alan Winters (2002), ‘Reciprocity in the WTO’ PART II POLICY TRANSPARENCY: NOTIFICATION AND SURVEILLANCE 8. J.M. Finger (1982), ‘Incorporating the Gains from Trade into Policy’ 9. Richard Blackhurst (1991), ‘Strengthening GATT Surveillance of Trade-Related Policies’ 10. Sam Laird (1999), ‘The WTO’s Trade Policy Review Mechanism – From Through the Looking Glass’ 11. Joseph F. Francois (2001), ‘Maximising the Benefits of the Trade Policy Review Mechanism for Developing Countries’ PART III MODALITIES FOR NEGOTIATING MARKET ACCESS 12. Robert M. Stern (1976), ‘Evaluating Alternative Formulae for Reducing Industrial Tariffs’ 13. Robert E. Baldwin (1986), ‘Toward More Efficient Procedures for Multilateral Trade Negotiations’ 14. Robert E. Baldwin and Richard N. Clarke (1987), ‘Game-Modeling Multilateral Trade Negotiations’ 15. Aaditya Mattoo (2002), ‘Negotiating Improved Market Access Commitments’ 16. Simon J. Evenett (2002), ‘Multilateral Disciplines and Government Procurement’ 17. Joseph Francois and Will Martin (2003), ‘Formula Approaches for Market Access Negotiations’ PART IV TARIFFICATION OF QUANTITATIVE TRADE RESTRICTIONS 18. Anne O. Krueger (1974), ‘The Political Economy of the Rent-Seeking Society’ 19. James E. Anderson (1985), ‘The Relative Inefficiency of Quotas: The Cheese Case’ 20. L. Alan Winters (1987), ‘Negotiating the Abolition of Non-Tariff Barriers’ 21. Brian Hindley (1987), ‘GATT Safeguards and Voluntary Export Restraints: What Are the Interests of Developing Countries?’ 22. Irene Trela and John Whalley (1990), ‘Unraveling the Threads of the MFA’ 23. Bernard M. Hoekman and Michael P. Leidy (1990), ‘Policy Responses to Shifting Comparative Advantage: Designing a System of Emergency Protection’ 24. Merlinda D. Ingco (1996), ‘Tariffication in the Uruguay Round: How Much Liberalisation?’ 25. Dean Spinanger (1999), ‘Textiles Beyond the MFA Phase-Out’ 26. David W. Skully (2001), Economics of Tariff-Rate Quota Administration 27. J. Michael Finger (2002), ‘Safeguards: Making Sense of GATT/WTO Provisions Allowing for Import Restrictions’ Name Index

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Book SynopsisThis inter-disciplinary volume focuses on the economic and legal challenges confronting globalisation and the evolution of the global system. The Law and Economics of Globalisation discusses the hotly debated topic of globalisation from a wide set of perspectives of law, economics and international political economy. The authors shed new light on the legal, economic and institutional issues raised by globalisation, extending into areas previously considered as national issues. They discuss how the development of the norms, institutions and reach of the global system will be influenced by the domestic and international concerns arising from the increasing integration of countries in the new century.With contributions from lawyers, economists and other experts in the field, this book will be welcomed by academics, students, researchers, and policymakers who are interested in a comprehensive volume on economic globalisation. It will also appeal to a wider audience, such as executive education courses, as well as business and law schools.Trade Review'The diversity of author backgrounds, coupled an assortment of provocative insights, makes this book a useful tool for delving into the meat of globalization, providing a succinct but authoritative overview of the underpinnings necessary to appreciate the who, what, where, and when of globalization.' -- American Society of International Law'This is a fascinating and insightful set of essays, the relevance of which has only increased with the financial and economic crisis. The ideas and basic positions of the authors range wide, but that is exactly what we require as we struggle to understand twenty-first century globalisation and what to do about it. I should like to see it in the hands of all academics and policy-makers working on global affairs.' -- Alan Winters, University of Sussex, Chief Economist, UK Department for International Development and Former Head of Research, the World BankTable of ContentsContents: 1. Introduction Linda Yueh PART I: CHALLENGES OF INTERNATIONAL ECONOMIC LAW: WTO AND GLOBAL TRADE 2. The Legitimacy of WTO Thomas Cottier 3. Constitutionalism and the Regulation of International Markets: How to Define the ‘Development Objectives’ of the World Trading System? Ernst-Ulrich Petersmann 4. Negotiation or Litigation? The Curiously Evolving Governance of the WTO Kamala Dawar and Peter Holmes 5. Global Trade Policy in the New Century Razeen Sally PART II: ISSUES CONFRONTING GOVERNANCE AND ENFORCEMENT 6. The Development of IMF and World Bank Conditionality Axel Dreher 7. How Globalisation Improves Governance Federico Bonaglia, Jorge Braga de Macedo and Maurizio Bussolo 8. Intellectual Property Enforcement in a Global Economy: Lessons from the BRIC Nations Robert C. Bird PART III: EVALUATING GLOBALISATION, THE GLOBAL ECONOMY AND ECONOMIC GROWTH 9. Dark Matter. Does it Matter? Graeme Chamberlin 10. Two Scientists for Every Man, Woman and Dog in America? How Sustainable is Globalisation? Raphael Kaplinsky 11. Globalisation of the World Economy: Potential Benefits and Costs and a Net Assessment Michael D. Intriligator 12. International Economic Law and Economic Growth Linda Yueh Index

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Book SynopsisThis insightful volume is a careful selection of the major contributions to the controversy as to whether regional trade agreements harm the multilateral system of trade negotiation. It focuses on key topics such as: the theory of preferential trade agreements; regionalism and multilateralism; the effects of regionalism on the multilateral system; the effects of multilateralism on regionalism; rules of origin and empirical analyses. Scholars and practitioners alike will find this an invaluable set of papers.Table of ContentsContents: Acknowledgements Introduction Caroline Freund PART I THE THEORY OF PREFERENTIAL TRADE AGREEMENTS 1. Jacob Viner (1950), ‘The Economics of Customs Unions’ 2. W.M. Corden (1972), ‘Economies of Scale and Customs Union Theory’ 3. Murray C. Kemp and Henry Y. Wan, Jr. (1976), ‘An Elementary Proposition Concerning the Formation of Customs Unions’ 4. Paul Wonnacott and Ronald Wonnacott (1981), ‘Is Unilateral Tariff Reduction Preferable to a Customs Union? The Curious Case of Missing Foreign Tariffs’ PART II THE GATT’S ARTICLE XXIV 5. Richard H. Snape (1993), ‘History and Economics of GATT’s Article XXIV’ PART III OVERVIEW OF REGIONALISM AND MULTILATERALISM 6. J. Bhagwati and A. Panagariya (1999), ‘Preferential Trading Areas and Multilateralism: Strangers, Friends or Foes?’ 7. Arvind Panagariya (2000), ‘Preferential Trade Liberalization: The Traditional Theory and New Developments’ PART IV THE EFFECTS OF REGIONALISM ON THE MULTILATERAL SYSTEM 8. Martin Richardson (1993), ‘Endogenous Protection and Trade Diversion’ 9. Richard E. Baldwin (1995), ‘A Domino Theory of Regionalism’ 10. Arvind Panagariya and Ronald Findlay (1996), ‘A Political-Economy Analysis of Free-Trade Areas and Customs Unions’ 11. Kyle Bagwell and Robert W. Staiger (1997), ‘Multilateral Tariff Cooperation During the Formation of Customs Unions’ 12. Philip I. Levy (1997), ‘A Political-Economic Analysis of Free-Trade Agreements’ 13. Pravin Krishna (1998), ‘Regionalism and Multilateralism: A Political Economy Approach’ PART V THE EFFECTS OF MULTILATERALISM ON REGIONALISM 14. Wilfred J. Ethier (1998), ‘Regionalism in a Multilateral World’ 15. Caroline Freund (2000), ‘Multilateralism and the Endogenous Formation of Preferential Trade Agreements’ PART VI NATURAL TRADE PARTNERS 16. Paul Wonnacott and Mark Lutz (1989), ‘Is There a Case for Free Trade Areas?’ 17. Lawrence H. Summers (1991), ‘Regionalism and the World Trading System’ 18. Paul Krugman (1993), ‘Regionalism versus Multilateralism: Analytical Notes’ 19. Jeffrey Frankel, Ernesto Stein, and Shang-jin Wei (1995), ‘Trading Blocs and the Americas: The Natural, The Unnatural and the Supernatural’ 20. Robert Z. Lawrence (1996), ‘Regionalism and the WTO: Should the Rules Be Changed?’ PART VII RULES OF ORIGIN 21. Anne O. Krueger (1999), ‘Free Trade Agreements as Protectionist Devices: Rules of Origin’ 22. A. Estvadeordal and K. Suominen (2006), ‘Mapping and Measuring Rules of Origin Around the World’ PART VIII EMPIRICAL ANALYSES 23. T.N. Srinivasan, John Whalley and Ian Wooton (1993), ‘Measuring the Effects of Regionalism on Trade and Welfare’ 24. Alexander J. Yeats (1998), ‘Does Mercosur’s Trade Performance Raise Concerns about the Effects of Regional Trade Agreements?’ 25. Faezeh Foroutan (1998), ‘Does Membership in a Regional Preferential Trade Arrangement Make a Country More or Less Protectionist?’ 26. Won Chang and L. Alan Winters (2002), ‘How Regional Blocs Affect Excluded Countries: The Price Effects of MERCOSUR’ 27. Alok K. Bohara, Kishore Gawande and Pablo Sanguinetti (2004), ‘Trade Diversion and Declining Tariffs: Evidence from Mercosur’ 28. Nuno Limão (2006), ‘Preferential Trade Agreements as Stumbling Blocks for Multilateral Trade Liberalization: Evidence for the United States’ Name Index

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Book SynopsisThis indispensable volume brings together the key contributions to the academic literature on the subject of the political economy of trade policy. Topics covered include unilateral and multilateral trade policies, international trade agreements and administered protection. In their comprehensive introduction, the editors present an insightful discussion of the political economy approach, the development of multilateral trade agreements, the trade and internal motives that guide unilateral trade policy and the features that characterise unilateralism. This volume is essential for professors, researchers and policymakers concerned with international trade policy.Table of ContentsContents: Acknowledgements Introduction Wilfred J. Ethier and Arye L. Hillman PART I UNILATERAL TRADE POLICIES 1. Harry G. Johnson (1953–4), ‘Optimum Tariffs and Retaliation’ 2. Richard E. Caves (1976), ‘Economic Models of Political Choice: Canada’s Tariff Structure’ 3. William A. Brock and Stephen P. Magee (1978), ‘The Economics of Special Interest Politics: The Case of the Tariff’ 4. Arye L. Hillman (1982), ‘Declining Industries and Political-Support Protectionist Motives’ 5. Wolfgang Mayer (1984), ‘Endogenous Tariff Formation’ 6. James H. Cassing and Arye L. Hillman (1986), ‘Shifting Comparative Advantage and Senescent Industry Collapse’ 7. Jonathan Eaton and Gene M. Grossman (1986), ‘Optimal Trade and Industrial Policy Under Oligopoly’ 8. Arye L. Hillman and Heinrich W. Ursprung (1988), ‘Domestic Politics, Foreign Interests and International Trade Policy’ 9. Gene M. Grossman and Elhanan Helpman (1994), ‘Protection for Sale’ 10. James H. Cassing (1996), ‘Protectionist Mutual Funds’ 11. Pinelopi Koujianou Goldberg and Giovanni Maggi (1999), ‘Protection for Sale: An Empirical Investigation’ 12. JoAnne Feeney and Arye L. Hillman (2004), ‘Trade Liberalization Through Asset Markets’ 13. Wilfred J. Ethier (2006), ‘Selling “Protection for Sale”’ PART II INTERNATIONAL TRADE AGREEMENTS 14. Wolfgang Mayer (1981), ‘Theoretical Considerations on Negotiated Tariff Adjustments’ 15. Avinash Dixit (1987), ‘Strategic Aspects of Trade Policy’ 16. Gene M. Grossman and Elhanan Helpman (1995), ‘Trade Wars and Trade Talks’ 17. Arye L. Hillman and Peter Moser (1996), ‘Trade Liberalization as Politically Optimal Exchange of Market Access’ 18. Giovanni Maggi and Andrés Rodríguez-Clare (1998), ‘The Value of Trade Agreements in the Presence of Political Pressures’ 19. Kyle Bagwell and Robert W. Staiger (1999), ‘An Economic Theory of GATT’ 20. Wilfred J. Ethier (2004), ‘Political Externalities, Nondiscrimination and a Multilateral World’ PART III NONDISCRIMINATION IN MULTILATERAL TRADE AGREEMENTS 21. Warren F. Schwartz and Alan O. Sykes (1996), ‘Toward a Positive Theory of the Most Favored Nation Obligation and Its Exceptions in the WTO/GATT System’ 22. Henrik Horn and Petros C. Mavroidis (2001), ‘Economic and Legal Aspects of the Most-Favored-Nation Clause’ PART IV ADMINISTERED PROTECTION AND MULTILATERAL TRADE AGREEMENTS 23. J.M. Finger, H. Keith Hall and Douglas R. Nelson (1982), ‘The Political Economy of Administered Protection’ 24. Robert W. Staiger and Guido Tabellini (1987), ‘Discretionary Trade Policy and Excessive Protection’ 25. Kyle Bagwell and Robert W. Staiger (1990), ‘A Theory of Managed Trade’ 26. Wilfred J. Ethier (1991), ‘The Economics and Political Economy of Managed Trade’ 27. Steven Berry, James Levinsohn and Ariel Pakes (1999), ‘Voluntary Export Restraints on Automobiles: Evaluating a Trade Policy’ 28. Wilfred J. Ethier (2002), ‘Unilateralism in a Multilateral World’ Name Index

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Book SynopsisThe international business literature often struggles to depict a universal experience of internationalisation from the perspective of large countries. This book seeks to enrich the literature by providing a nuanced overview of the little-known Australian experience, being an atypical case of a small- to medium-sized economy which liberalised rapidly from the 1980s outside any trading bloc.Six data-rich survey chapters explore Australia's mixed success in founding its own multinationals. The experience of Australian firms is set in historical and comparative perspective, including interactions with inward and specifically American FDI. Five industry studies next consider why firms in retail, wine and professional services were more successful than in financial services and shipping. Nine detailed case studies of firms then identify the elements of administrative heritage, strategy and learning that have been the key to success or failure. The book concludes by outlining what can be learned from Australia's example and presenting implications for future research.The Internationalisation Strategies of Small-Country Firms will appeal to scholars, researchers and postgraduate students in international business and international economics.Trade Review‘The Internationalisation Strategies of Small-Country Firms is not only aimed at scholars, researchers and students, but is also very useful for business people, practitioners, international government policy-makers, managers and investors.' -- Domingo Ribeiro Soriano, Management Decision'The Dick and Merrett volume is valuable because it considers the experience of firms and industries within a small to medium-sized developed economy that has high levels of per capita GDP, open policy settings, and a highly urbanised population, but is geographically isolated. . . This study deserves the close attention of those interested in international business, business and economic history, and management subjects. Executives and policy makers will also gain worthwhile insights.' -- Gordon Boyce, Management Decision'This research project combines contemporary and historical analysis to trace the evolution of Australian multinationals. It provides unique insights into how firms from a small economy achieved global competitiveness in their niche markets, while examining the barriers that inhibited others. The evidence is presented in comparative, industry and firm-case studies, and tells the story of international business made in Australia. The longitudinal and multi-level analysis in this research provides new insights that challenge the predominance of cross-sectional analytical framework dominating strategic management. Any scholars sincerely interested how companies from small countries can succeed on the global stage ought to read this book.' -- Klaus E. Meyer, University of Reading Business School, UKTable of ContentsContents: PART I: PERSPECTIVES 1. Introduction Howard Dick and David Merrett 2. Australian Multinationals in Historical Perspective: ‘Do You Come From a Land Down Under?’ David Merrett 3. The Administrative Heritage Tatiana Zalan and Geoffrey Lewis 4. Large Australian Firms: Empirical Evidence on Internationalisation Tatiana Zalan 5. Australian and New Zealand Subsidiaries: Victims of Geographic Isolation? Anne-Wil Harzing and Niels Noorderhaven 6. US Multinationals and the Internationalisation of Australian Industry Robert Walters PART II: INDUSTRY DYNAMICS 7. Financial Services: Banking and Insurance Rodney Benjamin and David Merrett 8. Shipping Howard Dick 9. Retail André Sammartino 10. The Wine Industry Geoffrey Lewis and Tatiana Zalan 11. Engineering Services Thomas Osegowitsch PART III: FIRM CASES 12. Burns Philp Howard Dick and Paul Evans 13. ‘Aspro’ and ‘Kiwi’ David Merrett 14. BHP Billiton Robin Stewardson 15. Foster’s Group Tatiana Zalan and Geoffrey Lewis 16. Coca-Cola Amatil Thomas Osegowitsch 17. Pacific Dunlop Geoffrey Lewis and Tatiana Zalan 18. The TNT Group Howard Dick 19. The Westfield Group André Sammartino and Frances Van Ruth 20. Macquarie Bank David Merrett and Shey Newitt 21. Conclusion Howard Dick, David Merrett and Tatiana Zalan Bibliography Index

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Book SynopsisBringing together contributors from both the university sector and business-centered research institutions, this comprehensive volume offers diverse perspectives on the impacts and consequences of globalization in different parts of the Asian region. Each chapter offers a substantial account of globalization within a particular nation-state or area in the region. Different understandings underpin the chapters. Some contributors perceive globalization as progress in the form of economically driven processes that have made nations mutually dependent in unprecedented and complex ways. Others emphasize the uneven outcomes of globalization, as well as the stakes for economic growth and social order in the global climate of deepening political and religious divisions since September 2001. General and specialist readers alike will gain an appreciation of the myriad emphases placed on globalization within different nations and from various vantage points. The book showcases diverse styles of discourse and serves to greatly broaden the scope of what can be discussed under the rubric of 'globalization' within a single volume.Trade Review'For anyone seeking a diverse range of perspectives on globalisation in the Asia-Pacific region, this collection of highly readable essays is a good place to start. Focusing on individual countries, the chapters examine the specific modalities of global integration and the responses of different sections of society in each country. The authors address questions of major importance for democratic societies, such as: the connection between globalisation and the rise of religious extremism; whether globalisation is in reality a new form of imperial preference; who the winners and losers are. These are complemented by three short case studies dealing with Indonesia's unrealised potential, foreign investment in China and patterns in the movement of people between Hong Kong and the mainland. The essays provide a rich source of thought-provoking analysis of the complex cultural and political responses arising from both opportunities provided by globalisation and its more negative impacts.' -- Melanie Beresford, Macquarie University, Australia'Globalization in the Asian Region draws confident ragged lines across disciplines, themes and the conventional boundaries of scholarship. The range of material in the anthology is astounding. The diversity and admixture of political positions and approaches is confronting. Contemporary Asia is thus mapped without overgeneralizing a homogenous whole.' -- Paul James, RMIT University, Australia'This collection of thoughtful essays provides a reliable picture of the dynamic and often ironic operation of globalization in Asia today and challenges individuals to believe that as communities we have a choice in how we respond and contribute to globalization. The editors highlight the multifaceted nature of globalization and bring to the fore its supraterritoriality. A dozen detailed studies make good on these claims from analyses of American militancy since 9-11, terrorism, and poverty, to case studies on Malaysia, Indonesia, India, Australia, New Zealand, Japan, and China. These essays make clear the interactive nature of globalization as various economic, cultural, and political forces pour into Asian societies while the impact of their responses from exports to currency fluctuations to migration flows to transnational religious movements in turn reshape the selfsame globalization process.' -- Timothy Cheek, University of British Columbia, CanadaTable of ContentsContents: Preface Views of Globalization, Empire and Asia: An Introduction 1. ‘Globalization’ After 9/11 and the Iraq War: Implications for Asia and the Pacific 2. Terrorism as a Global Phenomenon: The Southeast Asian Experience 3. Globalization and Poverty 4. The Impact of Globalization on Malaysia 5. (Case Study 1) Globalization and the Indonesian Economy: Unrealized Potential 6. Globalization and Hindutva: India’s Experience with Global Economic and Political Integration 7. Australian Roadmaps to Globalism: Explaining the Shift from Multilateralism to Imperial Preference 8. Globalization: A New Zealand Perspective 9. Globalization and Japan after the Bubble 10. Globalization, Late Industrialization and China’s Accession to the WTO: A Critical Perspective on Close Integration 11. (Case Study 2) A Glimpse of FDI in China and Related Issues 12. (Case Study 3) The Movement of People: Interflows between Hong Kong and Mainland China Index

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Book SynopsisThe Handbook of International Banking provides a clearly accessible source of reference material, covering the main developments that reveal how the internationalization and globalization of banking have developed over recent decades to the present, and analyses the creation of a new global financial architecture. The Handbook is the first of its kind in the area of international banking with contributions from leading specialists in their respective fields, often with remarkable experience in academia or professional practice. The material is provided mainly in the form of self-contained surveys, which trace the main developments in a well-defined topic, together with specific references to journal articles and working papers. Some contributions, however, disseminate new empirical findings especially where competing paradigms are evaluated.The Handbook is divided into four areas of interest. The first deals with the globalization of banking and continues on to banking structures and functions. The authors then focus on banking risks, crises and regulation and finally the evolving international financial architecture.Designed to serve as a source of supplementary reading and inspiration, the Handbook is suited to a range of courses in banking and finance including post-experience and in-house programmes for bankers and other financial services practitioners. This outstanding volume will become essential reference for policymakers, financial practitioners as well as academics and researchers in the field.<Trade Review'The Handbook is especially recommended to MBA students and faculty and belongs in the reference collections of academic and research libraries. Although each chapter may serve as a self-contained unit, readers will want to look at the larger picture by comparing and contrasting articles found in each part of the work. It should prove to be a helpful source for those studying international banking, economics and finance, and international business.' -- Lucy Heckman, American Reference Books Annual 2004Table of ContentsContents: Preface PART I: THE GLOBALIZATION OF BANKING 1. Globalization and Convergence of Banking Systems Andrew W. Mullineux and Victor Murinde 2. Multinational Banking: Historical, Empirical and Case Perspectives Elisa A. Curry, Justin G. Fung and Ian R. Harper 3. Asset-backed Securitization, Collateralized Loan Obligations and Credit Derivatives Warrick Ward and Simon Wolfe PART II: BANKING STRUCTURES AND FUNCTIONS 4. The New World of Euro Banking Jean Dermine 5. Competitive Banking in the EU and Euroland Edward P.M. Gardener, Philip Molyneux and Jonathan Williams 6. How to Tie Your Hands: A Currency Board versus an Independent Central Bank Jakob de Haan and Helge Berger 7. Free Banking Kevin Dowd 8. Islamic Banking Humayon A. Dar and John R. Presley 9. Universal Banking and Shareholder Value: A Contradiction? Ingo Walter 10. Foreign Exchange Trading Activities of International Banks Jürgen Eichberger and Joachim Keller 11. The Settlement and Financing of International Trade Ayse G. Eren 12. Costs and Efficiency in Banking: A Survey of the Evidence from the US, the UK and Japan Leigh Drake PART III: BANKING RISKS, CRISES AND REGULATION 13. Country Risk: Existing Models and New Horizons Sarkis Joseph Khoury and Chunsheng Zhou 14. The Causes of Bank Failures Shelagh Heffernan 15. International Banking Crises Alistair Milne and Geoffrey E. Wood 16. Some Lessons for Bank Regulation from Recent Financial Crises David T. Llewellyn 17. Reforming the Traditional Structure of a Central Bank to Cope with the Asian Financial Crisis: Lessons from the Bank of Thailand Andrew W. Mullineux, Victor Murinde and Adisorn Pinijkulviwat 18. Capital Flight: The Key Issues Niels Hermes, Robert Lensink and Victor Murinde 19. International Banks and the Washing of Dirty Money: The Economics of Money Laundering Kent Matthews 20. The Regulation of International Banking: Structural Issues Richard Dale and Simon Wolfe 21. US Banking Regulation: Practice and Trends Joseph J. Norton and Christopher D. Olive 22. Deposit Insurance and International Banking Regulation C. Charles Okeahalam PART IV: THE EVOLVING INTERNATIONAL FINANCIAL ARCHITECTURE 23. The institutional Design of Central Banks Falko Fecht and Gerhard Illing 24. The International Monetary Fund: Past, Present and Future Ian W. Marsh and Kate Phylaktis 25. Reforming the Privatized International Monetary and Financial Architecture Jane D’Arista 26. Globalization, the WTO and GATS: Implications for the Banking Sector in Developing Countries Victor Murinde and Cillian Ryan Index

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Book SynopsisNobel Prize winner James Tobin has made outstanding contributions to modern macroeconomics. In this final collection of his work he examines the economic policies of the United States and its relations with other major economies after 1990. In James Tobin's view, the welfare of populations depends uniquely on these policies and it is important to be aware of their impact.This book brings together James Tobin's recent work, both published and unpublished, on finance and globalization, currency crises and bailouts. Emphasis is placed on international economic relations and policies, and on the IMF and World Bank. In particular, economic and monetary relations among nations, exchange rate problems and policies and the 'Tobin Tax' - popular in Europe but much misunderstood - are discussed.Professor Tobin also examines the impact of his earlier work on recent US fiscal policy. The Clinton administration followed a tight fiscal policy leading to budget surpluses, and this enabled Alan Greenspan at the Federal Reserve to follow an 'easy', low interest rate, monetary policy. This mix was advocated back in the 1950s and 1960s by Paul Samuelson and James Tobin. The memo Professor Tobin wrote for the J.F. Kennedy campaign of 1960 is published for the first time. The policy was not applied until 30-35 years later. Presenting a framework for understanding monetary and fiscal policies and how they determine full employment and growth, the book will prove invaluable to students and scholars of macroeconomics, as well as economists wishing to gain an insight into Professor Tobin's unique contribution to economics.Table of ContentsContents: Foreword by Janet Yellen Introduction Part I: Financial Globalization and World Money Part II: Currency Crises and Bailouts Part III: Growth and the Fiscal–Monetary Policy Mix Part IV: Political Economy Index

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Book SynopsisThis up-to-date book demonstrates how the purchasing power parities (PPPs) of currencies are being increasingly used in place of exchange rates for a variety of purposes. These include: comparisons of real income, measurements of global inequality and poverty, calculation of the human development index and assessment of nations economic performance.Despite the increasing popularity of PPPs, many users have very little appreciation of the data and methods used in their derivation. This timely monograph brings together a number of significant contributions from leading researchers in the field, offering a comprehensive review of the latest methods used in the construction and application of PPPs. The authors provide a broad overview of the current state-of-the-art both in terms of techniques as well as current practice with various international organisations.Given the increasing application of PPPs in this truly globalised world, this book will be a stimulating read for researchers and academics involved in international comparisons and development economics, general economists and economist statisticians.Trade Review'Perhaps the most significant challenge economists face when comparing economic aggregates across countries is that the data needs to be expressed in a common currency. The use of Purchasing Power Parities (PPPs) to convert national GDP's into a common currency, for example, is the recognized method to avoid the deficiencies in exchange rates. However, the methodology to produce PPPs is probably the most complex and difficult statistical activity in the world. The recently completed 2005 International Comparison Program (ICP) included 146 countries with huge variations in the size and structure of their economies and covered all components of the GDP. Because of the huge differences in the scope and scale of national economies, the ICP was organized to first produce regional PPPs followed by their linkage to produce global PPP's. Many of the problems encountered are considered in this book. The list of authors reads like a who's who in the field of international economic statistics who provide a valuable addition to the knowledge about PPPs. Purchasing Power Parities fits a critical need as it brings together the most recent significant developments to improve the estimation of internationally comparable economic indicators.' -- Frederic A. Vogel, Global Manager, International Comparison Program, 2005 and Consultant, World Bank, Washington, US'This book makes a major contribution to the literature on purchasing power parities (PPPs). It is the latest in a flow of important studies which started in 1940. The eminent contributors are mainly concerned with presenting new methods of estimation, rather than new estimates of world performance. Purchasing Power Parities of Currencies contains 13 essays. Most are concerned with complicated problems now at the cutting edge of PPP measurement, with innovative suggestions for sophisticated improvements of present techniques of estimating PPPs. When the World Bank PPP estimates for 2011 emerge, readers of the book will be well equipped to scrutinize its methodological approach with a critical eye.' -- Angus Maddison, United Nations University-MERIT, Maastricht and University of Groningen, NetherlandsTable of ContentsContents: Foreword PART I: INTRODUCTION 1. Introduction D.S. Prasada Rao 2. The Compilation of Purchasing Power Parities: The Eurostat–OECD Purchasing Power Parity Programme David Roberts PART II: SYSTEM METHODS FOR PPP COMPUTATION 3. Aggregation Methods in International Comparisons: An Evaluation Bert Balk 4. Generalised Eltetö–Köves–Szulc and Country–Product–Dummy Methods for International Comparisons D.S. Prasada Rao 5. True International Income Comparisons Correcting for Substitution Bias Steve Dowrick 6. Additivity, Matrix Consistency and a New Method for International Comparisons of Real Income and Purchasing Power Parities Itsuo Sakuma, D.S. Prasada Rao and Yoshimasa Kurabayashi 7. Implicit Data Structures and Properties of Selected Additive Indices James Cuthbert PART III: METHODS FOR SPATIAL LINKING AND ANALYSIS OF PRICE STRUCTURES 8. Similarity Indexes and Criteria for Spatial Linking Erwin Diewert 9. Comparing Per Capita Income Levels Across Countries Using Spanning Trees: Robustness, Prior Restrictions, Hybrids and Hierarchies Robert Hill 10. Chaining Methods for International Real Product and Purchasing Power Comparisons: Issues and Alternatives Bettina Aten and Alan Heston 11. Aggregation Methods Based on Structural International Prices Sergey Sergeev PART IV: APPLICATIONS 12. Purchasing Power Parities and their Policy Relevance Michael Ward 13. Purchasing Power Parity Adjustments for Productivity Level Comparisons Bart van Ark and Marcel Timmer 14. PPPs and the Price Competitiveness of International Tourism Destinations Larry Dwyer, Peter Forsyth and D.S. Prasada Rao Index

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Book SynopsisTemporary protection from fairly traded imports under the World Trade Organization (WTO) typically refers to a national government's use of a 'safeguard' tariff, quota or tariff rate quota. Safeguard provisions allow a WTO member's national government to investigate whether a domestic industry is injured because of fairly traded, but imported goods; and then impose a temporary unilateral import restriction that would otherwise be in violation of market access commitments. This book presents some of the key theoretical and empirical research articles in the economics, legal and policy literature examining the structure and use of such temporary import protection programmes. This insightful collection will be an important reference source for economists and researchers interested in international trade policy and the rules of the underlying WTO system.Trade Review'This is a much-needed collection of important theoretical and empirical papers by distinguished writers in the field on the legal, economic and political justifications for the controversial use of WTO Safeguard Mechanisms. The introduction by Chad Bown, a well-respected analyst of this subject, provides a cogent summary of the context and critical areas of this debate. As well as being an essential reference tool, this volume provides a fertile source for future research and will be of great use to academics, students and policymakers interested in the political economy of international trade and protection.' -- Robert Read, Lancaster University Management School, UKTable of ContentsContents: Acknowledgements Introduction Chad P. Bown PART I HISTORY AND INSTITUTIONS 1. John H. Jackson (1997), ‘Safeguards and Adjustment Policies’ 2. Alan V. Deardorff (1987), ‘Safeguards Policy and the Conservative Social Welfare Function’ 3. J. Michael Finger (2002), ‘Safeguards: Making Sense of GATT/WTO Provisions Allowing for Import Restrictions’ PART II ECONOMIC THEORY: DIFFICULTIES IN MAKING THE CASE FOR IMPORT-RESTRICTING SAFEGUARD POLICIES 4. Jagdish N. Bhagwati (1976), ‘Market Disruption, Export Market Disruption, Compensation and GATT Reform’ 5. Michael Mussa (1978), ‘Dynamic Adjustment in the Heckscher-Ohlin-Samuelson Model’ 6. Robert W. Staiger and Guido Tabellini (1987), ‘Discretionary Trade Policy and Excessive Protection’ PART III ECONOMIC THEORY: SAFEGUARD PROVISIONS AND DESIGN 7. Kyle Bagwell and Robert W. Staiger (1990), ‘A Theory of Managed Trade’ 8. Ronald D. Fischer and Thomas J. Prusa (2003), ‘WTO Exceptions as Insurance’ 9. Kyle Bagwell and Robert W. Staiger (2005), ‘Enforcement, Private Political Pressure, and the General Agreement on Tariffs and Trade / World Trade Organization Escape Clause’ PART IV ECONOMIC THEORY: SAFEGUARDS AND ‘ADJUSTMENT’ 10. Kaz Miyagiwa and Yuka Ohno (1995), ‘Closing the Technology Gap Under Protection’ 11. Arye L. Hillman (1982), ‘Declining Industries and Political-Support Protectionist Motives’ 12. S. Lael Brainard and Thierry Verdier (1997), ‘The Political Economy of Declining Industries: Senescent Industry Collapse Revisited’ 13. Carl Davidson and Steven J. Matusz (2004), ‘An Overlapping-generations Model of Escape Clause Protection’ PART V EMPIRICAL ANALYSIS OF SAFEGUARDS 14. Steven Berry, James Levinsohn and Ariel Pakes (1999), ‘Voluntary Export Restraints on Automobiles: Evaluating a Trade Policy’ 15. James C. Hartigan, Philip R. Perry and Sreenivas Kamma (1986), ‘The Value of Administered Protection: A Capital Market Approach’ 16. Robert E. Baldwin and Jeffrey W. Steagall (1994), ‘An Analysis of ITC Decisions in Antidumping, Countervailing Duty and Safeguard Cases’ 17. Wendy L. Hansen and Thomas J. Prusa (1995), ‘The Road Most Taken: The Rise of Title VII Protection’ 18. Chad P. Bown (2004), ‘Trade Disputes and the Implementation of Protection Under the GATT: An Empirical Assessment’ 19. Robert W. Staiger and Guido Tabellini (1999), ‘Do GATT Rules Help Governments Make Domestic Commitments?’ 20. Chad P. Bown and Rachel McCulloch (2004), ‘The WTO Agreement on Safeguards: An Empirical Analysis of Discriminatory Impact’ PART VI POLICY USE, LEGAL PROCESS AND DISPUTE SETTLEMENT 21. Douglas A. Irwin (2003), ‘Causing Problems? The WTO Review of Causation and Injury Attribution in US Section 201 Cases’ 22. Alan O. Sykes (2003), ‘The Safeguards Mess: A Critique of WTO Jurisprudence’ Name Index

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Book SynopsisThe past decade has witnessed a proliferation of regulatory agencies at both the national and the EU level. This coherent and clearly structured book is the first of its kind to analyse in equal measure, and interdependently, both national regulatory authorities and European agencies. It brings together a select group of highly esteemed contributors - authorities in their fields - to provide a systematic and over-arching view of regulation in the EU. Unlike many of the previous attempts to shed light on this increasingly opaque and complex co-existence of regulatory systems, this book takes a genuinely multi-disciplinary approach with integrated perspectives from law, politics and economics. Exploring firstly the rationales for the existence of agencies, the book then goes on to examine how agencies are designed in the EU before considering the legal and political challenges they raise, and finally comparing them with international agencies and agencies in an enlarged Europe and the wider world.Academic researchers in the fields of law, economics and politics will find Regulation through Agencies in the EU of great interest as will EU law practitioners, policymakers and regulators in Europe.Trade Review'. . . those interested in regulatory politics in Europe will find this book a useful set of essays.' -- Michelle Egan, European Law ReviewTable of ContentsContents: Part I: Rationales for Setting Up Agencies 1. The Politics of Regulation in the European Union Paul Magnette 2. Regulation of Liberalised Markets: A New Role for the State? (Or How to Induce Competition Among Regulators) Phedon Nicolaïdes Part II: The Design of Agencies in the EU 3. Independent Regulatory Agencies and Elected Politicians in Europe Mark Thatcher 4. Agencies for European Regulatory Governance: A Regimes Approach Colin Scott 5. Delegation to EU Non-Majoritarian Agencies and Emerging Practices of Public Accountability Deirdre Curtin 6. Independence, Accountability and Transparency of European Regulatory Agencies Ellen Vos Part III: Challenges Raised by Agencies in the EU 7. Good Governance and European Agencies: The Balance Michelle Everson 8. Coordination of European and Member State Regulatory Policy: Horizontal, Vertical and Transversal Aspects Pierre Larouche 9. The Proliferation of National Regulatory Authorities Alongside Competition Authorities: A Source of Jurisdictional Confusion? Nicolas Petit Part IV: Agencies in a Comparative and International Perspective 10. The Development of European Regulatory Agencies: Lessons from the American Experience Damien Geradin 11. Regulation and Globalization: Interactions between International Standard-setting Agencies and the European Union Jan Wouters and Sten Verhoeven Index

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Book SynopsisThis two-volume set is an indispensable selection of recent and classic research papers exploring the link between globalization and productivity growth. The editors' careful selection includes articles that focus on the impact of globalization on aggregate productivity, openness, international technology diffusion, and trade adjustment and productivity growth. Other topics include inward and outward foreign direct investment, international outsourcing and the critical relationship between exporting and productivity. The set will be an essential reference point for researchers, students and policy-makers concerned with globalization and productivity.Table of ContentsContents: Volume I Acknowledgements Introduction David Greenaway, Holger Görg and Richard Kneller PART I GLOBALIZATION AND AGGREGATE PRODUCTIVITY GROWTH A Openness 1. Ross Levine and David Renelt (1992), ‘A Sensitivity Analysis of Cross-Country Growth Regressions’ 2. Sebastian Edwards (1993), ‘Openness, Trade Liberalization, and Growth in Developing Countries’ 3. Jeffrey A. Frankel and David Romer (1999), ‘Does Trade Cause Growth?’ 4. Francisco Rodríguez and Dani Rodrik (2001), ‘Trade Policy and Economic Growth: A Skeptic’s Guide to the Cross-National Evidence’ B International Technology Diffusion 5. David T. Coe and Elhanan Helpman (1995), ‘International R&D Spillovers’ 6. Wolfgang Keller (1998), ‘Are International R&D Spillovers Trade Related? Analyzing Spillovers Among Randomly Matched Trade Partners’ 7. Jonathan Eaton and Samuel Kortum (1999), ‘International Technology Diffusion: Theory and Measurement’ 8. Bruno van Pottelsberghe de la Potterie and Frank Lichtenberg (2001), ‘Does Foreign Investment Transfer Technology Across Borders?’ 9. Wolfgang Keller (2004), ‘International Technology Diffusion’ PART II TRADE ADJUSTMENT AND PRODUCTIVITY GROWTH A Macro 10. Gene M. Grossman and Elhanan Helpman (1990), ‘Comparative Advantage and Long-Run Growth’ 11. Luis A. Rivera-Batiz and Paul M. Romer (1991), ‘Economic Integration and Endogenous Growth’ 12. Anne O. Krueger (1997), ‘Trade Policy and Economic Development: How We Learn’ 13. Dani Rodrik (1998), ‘Globalisation, Social Conflict and Economic Growth’ 14. David Greenaway, Wyn Morgan and Peter Wright (2002), ‘Trade Liberalisation and Growth in Developing Countries’ B Micro 15. Anne E. Harrison (1994), ‘Productivity, Imperfect Condition and Trade Reform: Theory and Evidence’ 16. Nina Pavcnik (2002), ‘Trade Liberalization, Exit, and Productivity Improvements: Evidence from Chilean Plants’ 17. Marc J. Melitz (2003), ‘The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity’ 18. James R. Tybout (2003), ‘Plant- and Firm-Level Evidence on “New” Trade Theories’ Name Index Volume II Acknowledgements Introduction David Greenaway, Holger Görg and Richard Kneller PART I INWARD FOREIGN DIRECT INVESTMENT 1. Magnus Blomström (1986), ‘Foreign Investment and Productive Efficiency: The Case of Mexico’ 2. Andrés Rodríguez-Clare (1996), ‘Multinationals, Linkages, and Economic Development’ 3. Brian J. Aitken and Ann E. Harrison (1999), ‘Do Domestic Firms Benefit from Direct Foreign Investment? Evidence from Venezuela’ 4. James R. Markusen and Anthony J. Venables (1999), ‘Foreign Direct Investment as a Catalyst for Industrial Development’ 5. Andrea Fosfuri, Massimo Motta and Thomas Rønde (2001), ‘Foreign Direct Investment and Spillovers through Workers’ Mobility’ 6. Sourafel Girma, David Greenaway and Katharine Wakelin (2001), ‘Who Benefits from Foreign Direct Investment in the UK?’ 7. Holger Görg and David Greenaway (2004), ‘Much Ado About Nothing? Do Domestic Firms Really Benefit from Foreign Direct Investment?’ 8. Beata Smarzynska Javorcik (2004), ‘Does Foreign Direct Investment Increase the Productivity of Domestic Firms? In Search of Spillovers Through Backward Linkages’ 9. Holger Görg and Eric Strobl (2005), ‘Spillovers from Foreign Firms through Worker Mobility: An Empirical Investigation’ PART II OUTWARD FDI, INTERNATIONAL OUTSOURCING AND EXPORTING 10. S. Lael Brainard (1997), ‘An Empirical Assessment of the Proximity-Concentration Trade-off Between Multinational Sales and Trade’ 11. Pol Antràs (2003), ‘Firms, Contracts, and Trade Structure’ 12. Stephen Ross Yeaple (2003), ‘The Complex Integration Strategies of Multinationals and Cross Country Dependencies in the Structure of Foreign Direct Investment’ 13. Pol Antràs and Elhanan Helpman (2004), ‘Global Sourcing’ 14. Elhanan Helpman, Marc J. Melitz and Stephen R. Yeaple (2004), ‘Export Versus FDI with Heterogeneous Firms’ 15. Sourafel Girma, Holger Görg and Eric Strobl (2004), ‘Exports, International Investment, and Plant Performance: Evidence from a Non-parametric Test’ 16. Sourafel Girma, Richard Kneller and Mauro Pisu (2005), ‘Exports versus FDI: An Empirical Test’ 17. Gene M. Grossman and Elhanan Helpman (2005), ‘Outsourcing in a Global Economy’ PART III EXPORTING AND PRODUCTIVITY 18. Richard Baldwin (1988), ‘Hysteresis in Import Prices: The Beachhead Effect’ 19. Andrew B. Bernard and J. Bradford Jensen (1995), ‘Exporters, Jobs, and Wages in U.S. Manufacturing: 1976–1987’ 20. Sofronis K. Clerides, Saul Lach and James R. Tybout (1998), ‘Is Learning by Exporting Important? Micro-Dynamic Evidence from Colombia, Mexico and Morocco’ 21. Andrew B. Bernard and J. Bradford Jensen (1999), ‘Exceptional Exporter Performance: Cause, Effect, or Both?’ 22. Miguel A. Delgado, Jose C. Fariñas and Sonia Ruano (2002), ‘Firm Productivity and Export Markets: A Non-parametric Approach’ 23. Sourafel Girma, David Greenaway and Richard Kneller (2004), ‘Does Exporting Increase Productivity? A Microeconomic Analysis of Matched Firms’ 24. David Greenaway and Richard Kneller (2007), ‘Firm Heterogeneity, Exporting and Foreign Direct Investment’ Name Index

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Book SynopsisCombining critical perspectives with a positive contribution to economic policy, both national and international, this book considers the causes and consequences of recent financial crises presenting cutting-edge material.The editors bring together a number of well-known scholars to offer their views and elaborate on alternative solutions with respect to the Washington Consensus on how to restructure the monetary and financial system in order to avoid financial crises in the future. The book deals with a number of issues, such as the Asian financial crises of the 1990s, exchange rate arrangements, financial liberalization and capital controls. The contributors take a critical approach, providing the elements for a new analysis of monetary and exchange rate issues in the modern world.Monetary and Exchange Rate Systems will be extremely useful for researchers and policymakers interested in monetary macroeconomics and in the international financial system.Trade Review'This is an important, original, and highly topical volume, in which distinguished contributors from Europe, Asia, North America, and Mexico investigate the causes of recent international financial crises, and discuss a wide range of alternative policies to prevent future financial instability. The contributors share a broadly post-Keynesian perspective, and are therefore highly critical both of the Washington Consensus and of the case for unrestrained financial liberalization. While they agree on the need for tighter regulation and for international capital controls, they differ on other important questions, including the respective merits of fixed and floating exchange rate regimes. That gives to this collection of contributions a welcome element of creative tension. No-one with an interest in reforming the international monetary regime can afford to neglect this book.' -- John King, La Trobe University, Victoria, Australia'This is a stimulating collection of the range of views bubbling up as a consequence of the perceived failure of the Washington Consensus, loosely unified by the laudable ambition to extend the Minsky-Kindleberger analysis of financial crisis to the conditions facing emerging market economies.' -- Perry Mehrling, College, Columbia University, US'The era of globalization and financial liberalization has been remarkable for financial instability and crises. This book provides some great contributions from a range of views and countries to the debates on the causes and consequences of these crises, and on policy perspectives that can avoid further instability and its costs.' -- Malcolm Sawyer, University of Leeds, UK'This is an important and timely book. Views on exchange rate regimes and the international monetary system cut right across the traditional "party lines" among economists, and Louis-Philippe Rochon and Sergio Rossi have provided an invaluable service by collecting the opinions of distinguished Post Keynesian economists from ten different countries and three continents. Is there an international solution to global economic problems? Or should the individual nations, particularly in the developing world, take a more nationalistic "neo-mercantilist" line?' -- John Smithin, York University, Toronto, CanadaTable of ContentsContents: Introduction Louis-Philippe Rochon and Sergio Rossi Part I: Financial Liberalization and Financial Crises 1. International Financial Instability in a World of Currencies Hierarchy Andrea Terzi 2. Dollarization and the Hegemonic Status of the US Dollar Jean-François Ponsot 3. Reform and Structural Change in Latin America: Financial Systems and Instability Eugenia Correa and Gregorio Vidal 4. East Asian Monetary and Financial Cooperation: The Long Road Ahead Kok-Fay Chin 5. Does Financial Liberalization Affect the Distribution of Income Between Wages and Profits? Domenica Tropeano 6. Crisis Avoidance: The Post-Washington Consensus Agenda Louis-Philippe Rochon Part II: From Financial Instability to Macroeconomic Performance 7. Reforming the International Payment System: An Assessment Claude Gnos 8. Is There a Role for Capital Controls? Philip Arestis, Jesús Ferreiro and Carmen Gómez 9. Liberalization or Regulating International Capital Flows? Paul Davidson 10. Cross-Border Transactions and Exchange Rate Stability Sergio Rossi 11. To Fix or to Float: Theoretical and Pragmatic Considerations L. Randall Wray 12. Exchange Rate Arrangements and EU Enlargement Jesper Jespersen Index

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Book SynopsisRegulation is on the rise across the world as the state steps back from public ownership. However, as the authors highlight, the style of political delegation to regulatory authorities has not followed a uniform trajectory but rather institutional endowments, administrative traditions, market structure and business culture have all influenced the creation of regulatory authorities and implementation styles. Noting these variances, the focus of this book is to consider the impact of liberalisation and the introduction of new regulatory structures on three utility sectors - telecommunications, energy and the railways - using Germany and the UK as case studies. With regulation seeking to foster competition at the same time as also having to protect essential services, the authors investigate regulatory styles, costs of new regulatory functions and how firms in the new regulatory landscape access and influence regulatory authorities. The authors consider how EU pressures may hinder or help the functioning of new regulatory markets and the establishment of business-regulator relationships, as well as the broader policy implications for these new regulatory environments. The book also determines how regulatory authorities emerge and evolve under different state traditions and assesses, over time, the degree to which there is potential for convergence, divergence and continued differences as regulatory functions mature.This book will be warmly welcomed by researchers and academics of comparative public policy, politics and regulation. It will also appeal to policy makers and the business community in Europe.Trade Review‘Refining Regulatory Regimes is certainly one of the best recent theory-driven empirical research works in the field of European regulatory reforms.' -- Nadine Haase, International Journal of Environmental Studies'The book provides a number of thought provoking conclusions. . . One of the strengths of the book is the way it carefully documents the liberalisation of telecommunications, energy and rail sectors in both countries. . . this book is insightful and likely to be of interest to those wanting to learn more about utility regulation from a variety of perspectives, including the factors which can influence and shape regulatory policy and institutions over time.' -- Stephen Rimmer, Australian Journal of Public Administration'Refining Regulatory Regimes is a fine volume bringing together a set of chapters that despite their different emphases complement each other nicely.' -- Martin Lodge, West European Politics'This major study breaks new ground in bringing together a distinguished international team to offer a comparative and empirical investigation of factors shaping regulatory implementation and business-regulator relations in key European utilities sectors.' -- Colin Scott, London School of Economics and Political Science, UKTable of ContentsContents: 1. Introduction: Redefining and Refining Regulation David Coen Part I: Institutional Change and Environment 2. Developments in Regulatory Regimes: Comparison on Telecommunications, Energy and Rail Dominik Böllhoff 3. Administrative Costs of Reforming Utilities Michael W. Bauer Part II: Business–Regulator Relationships 4. Changing Business–Regulator Relations in German and UK Telecommunication and Energy Sectors David Coen 5. Managing Regulatory Developments in Rail: Compliance and Access Regulation in Germany and the UK Adrienne Héritier Part III: Implementation and Refining Policy 6. The Politics for a Sustainable Energy Industry: Renewable Energy Policy in the United Kingdom and in Germany André Suck 7. Public Services: The Role of the European Court of Justice in Correcting the Market Leonor Moral Soriano 8. Conclusion: Refining Regulatory Regimes Adrienne Héritier Bibliography Index

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Book SynopsisMost countries, developed and developing, are fiscally decentralized with regional and local governments of varying importance. In many of these countries, some of these sub-national governments differ substantially from others in terms of wealth, ethnic, religious, or linguistic composition. This book considers how fiscal arrangements may strengthen or weaken national solidarity and the effectiveness with which public services are provided. In particular, the nation's ability to cope with changes created by decentralization is explored.Through a series of case studies, the countries of Belgium, Bosnia and Herzegovina, Canada, China, Germany, India, Indonesia, the Philippines, Russia, Spain and Switzerland are examined with an eye to how their public finances are structured and how these arrangements act to promote equilibrium or turmoil in the nation state. This is the first detailed consideration of the link between asymmetry and intergovernmental finance, as well as the first detailed study of how asymmetrical fiscal arrangements work in practice in a variety of different countries.Policy analysts concerned with intergovernmental finance and/or political legitimacy issues will find this synthesis of interest, as will readers concerned with the public policy of the many fiscally fragmented countries profiled here.Trade Review'. . . the book is coherent and engaging throughout, with each contributor offering the reader valuable insights into the various forces shaping their chosen country of study. . . this is an important book, which will engage and indeed possibly help to define continuing debates in development studies into the future. . . The authors have produced a book which will be of particular interest to policy analysts looking at intergovernmental finance and to those concerned with political legitimacy and governance, especially in relation to the countries profiled here, though it will also prove useful to those looking at issues around globalization and tools used by institutions such as the World Bank in its promotion.' -- BreffnI Lennon, Progress in Development StudiesTable of ContentsContents: Preface PART I: INTRODUCTION 1. Subsidiarity, Solidarity and Asymmetry: Aspects of the Problem Richard M. Bird and Robert D. Ebel 2. The Country Studies: Comparisons and Conclusions Richard M. Bird, Robert D. Ebel and Sebastiana Gianci PART II: FEDERAL INDUSTRIAL COUNTRIES 3. Reconciling Diversity with Equality: The Role of Intergovernmental Fiscal Arrangements in Maintaining an Effective State in Canada Richard M. Bird and François Vaillancourt 4. Germany at the Junction Between Solidarity and Subsidiarity Paul Bernd Spahn and Jan Werner 5. Accommodating Asymmetry Through Pragmatism: An Overview of Swiss Fiscal Federalism Bernard Dafflon PART III: NEW FEDERAL COUNTRIES 6. Belgium: A Unique Evolving Federalism Benoît Bayenet and Philippe de Bruycker 7. Fiscal Decentralization in Spain: An Asymmetric Transition to Democracy Teresa Garcia-Milà and Therese J. McGuire PART IV: COUNTRIES IN TRANSITION 8. Asymmetric Federalism in Russia: Cure or Poison? Jorge Martinez-Vazquez 9. Ethnic Minority Regions and Fiscal Decentralization in China: The Promises and Reality of Asymmetric Treatment Christine Wong PART V: DEVELOPING COUNTRIES 10. Asymmetric Federalism in India M. Govinda Rao and Nirvikar Singh 11. Intergovernmental Fiscal Relations and State Building: The Case of Indonesia Bambang Brodjonegoro and J. Fitz G. Ford 12. Subsidiarity and Solidarity: Fiscal Decentralization in the Philippines Christine Wallich, Rosario Manasan and Saloua Sehili PART VI: POSTCONFLICT 13. Fiscal Federalism in Bosnia and Herzegovina: Subsidiarity and Solidarity in a Three-Nation State William Fox and Christine Wallich Index

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Book SynopsisThis Commentary on the WTO Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) provides a detailed textual analysis of TRIPS - a pivotal international agreement on intellectual property rights.TRIPS sets minimum standards for national laws on copyright, patents, trademarks and other forms of intellectual property rights. TRIPS profoundly impacts upon the regulation of access to medicines, compulsory licensing of copyright material, geographical indicators and other significant IP-related matters.This reference book is a major authoritative work that is clearly organised and presented, allowing users to navigate quickly to commentary on any element of TRIPS. The book begins with a context-setting section, providing guidance on interpreting TRIPS. It considers the salient elements of the Vienna Convention on the Law of Treaties, the WTO Understanding on Rules and Procedures Governing the Settlement of Disputes, and the preamble to the Agreement Establishing the WTO. The book then follows the seven part structure of TRIPS, and provides an article-by-article analysis of each of its 73 provisions and specifically addresses the interpretation of key phrases in each article.An essential resource for practitioners and scholars, this detailed and exhaustive volume will also prove invaluable to academics and students of intellectual property law, international law and trade law. It is a first point of reference for anyone needing to know more about TRIPS.Contents: 1. General Provisions and Basic Principles 2. Standards Concerning the Availability, Scope and Use of Intellectual Property Rights 3. Enforcement of Intellectual Property Rights 4. Acquisition and Maintenance of Intellectual Property Rights and Related Inter-Partes Procedures 5. Dispute Prevention and Settlement 6. Transitional Arrangements 7. Institutional Arrangements; Final ProvisionsTrade Review‘This excellent and extensive commentary on the World Trade Organization Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) is a valuable addition to the field. . . this reviewer very much enjoyed the book and looks forward to consulting it further in the future, particularly as reliance on TRIPS continues to develop in European practice.’ -- Christopher Stothers, Queen Mary Journal of Intellectual PropertyTable of ContentsContents: 1. General Provisions and Basic Principles 2. Standards Concerning the Availability, Scope and Use of Intellectual Property Rights 3. Enforcement of Intellectual Property Rights 4. Acquisition and Maintenance of Intellectual Property Rights and Related Inter-Partes Procedures 5. Dispute Prevention and Settlement 6. Transitional Arrangements 7. Institutional Arrangements; Final Provisions

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Book SynopsisInternational agricultural trade regulation remains problematic despite the creation of the WTO and a specific Agreement on Agriculture in 1995. Fiona Smith challenges this orthodoxy and presents a new conceptual method by which the problem of international agricultural trade in the WTO can be understood. Attempts to revise the rules in the Doha Development Round of multilateral trade talks have repeatedly stalled as negotiators grapple with what is perceived to be the problem of international agricultural trade. Issues such as how best to address the contemporary challenges to market liberalisation whilst preserving the environment, difficulties of biofuels, development, human rights and the demands of the changing nature of global governance are all examined in this timely book. Challenging convention and introducing new concepts, Agriculture and the WTO will strongly appeal to academics working in the fields of international agricultural trade, international relations, international economic law, agriculture law and policy. It will also be warmly welcomed by policymakers and graduate students with a special interest in international agricultural trade.Trade Review'This is an insightful book of ideas offering an alternative conceptualisation of the problems of international agricultural trade, which are seen as polycentric and so must be managed rather than resolved. It demonstrates that where there is convergence without genuine agreement on the meaning no specific resolution can be achieved. The author is to be commended for offering a valuable springboard for further reflection on the management of the problems of international agricultural trade.' -- Joseph McMahon, University College Dublin, IrelandTable of ContentsContents: Preface 1. International Agricultural Trade Regulation: Charting the Landscape 2. Current Perceptions of the Problem 3. Two Models of Disagreement 4. Polycentrism and the Issue of Market Access 5. Cultural Divergence, Polycentricity and Subsidies 6. Towards the Future Index

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Book SynopsisThis unique Handbook illustrates how entrepreneurs across Europe tackle internationalization. This timely and important book identifies patterns and builds a theory of international entrepreneurship in Europe.The contributors discuss the performances of SMEs on the road to internationalization. Each chapter emphasizes how the process of internationalization of SMEs operates, the challenges and opportunities that arise due to each country's specific political and economic situation, and their subsequent internationalization performance. These processes, challenges and performances can be understood through theories of international business and entrepreneurship. Although at times these theories cannot fully explain certain phenomena, nevertheless they help to derive new extensions of thought. Together, they constitute a foundation for a new way of thinking about and understanding the importance and effect of internationalization of SMEs to country-level competitiveness in Europe. The role of theoretically important issues such as cooperation and trust, venture capital, research and development, learning, networks and government policy is also explored and analysed, and will be of great interest to researchers, academics and graduates interested in international business and entrepreneurship.Trade Review'This book is an important contribution to the field of international entrepreneurship. . . it provides a comprehensive account of internationalization strategies adopted by SMEs in a wide range of European countries, and by drawing on a number of empirical studies, it enriches the theory of SME internationalization with a new theoretical framework that can be useful for understanding the complexity of SME internationalization processes in Europe.' -- Julia Korosteleva, Thunderbird International Business Review'From Andorra to Wales with stops in more than 35 other European countries along the way, this comprehensive collection of articles is required reading for scholars interested in international entrepreneurship. It provides information on how entrepreneurs and their firms go international from virtually every country in Europe. This unique volume permits researchers to compare how the process of entrepreneurial internationalization is affected by differences in culture, location, technology, and other influences within Europe. Furthermore, the various authors consider a range of theoretically important issues, such as cooperation and trust, venture capital, research and development, learning, networks, and government policy. This book serves as an essential departure point from which scholars can embark on their study of international entrepreneurship in Europe.' -- Benjamin M. Oviatt, Georgia State University, US'This is a timely and interesting book that brings together some of the most insightful contributions on the internationalization of new ventures, with an emphasis on the European experiences. Assembling some of the best scholars, the book offers a distinctively European perspective - one that deserves recognition, analysis, and discussion. I applaud the editors for doing such a masterful job in bringing a great group of researchers and ideas together. I highly recommend this book for any serious researcher and scholar.' -- Shaker A. Zahra, University of Minnesota, Twin Cities, US'This remarkable book provides valuable contributions on how the process of SMEs' internationalization is operating in 37 different European countries. Researchers in international entrepreneurship will find new materials for theorization. Numerous facets of international business are carefully documented by a great many well-known scholars. Also, given the variety of situations typical of the European small business sector, the book may prove to be helpful to small-scale entrepreneurs wishing to take steps towards internationalization. Overall, this coordinate work makes you realize why Europe is so fascinating.' -- Jean-Jacques Obrecht, University Robert Schuman, Strasbourg, FranceTable of ContentsContents: Foreword: A Theory of Internationalization for European Entrepreneurship David Storey PART I: INTRODUCTORY CHAPTERS 1. Introduction Léo-Paul Dana, Isabell M. Welpe, Mary Han and Vanessa Rutten 2. How International are European Venture Capital Firms? Sophie Manigart, Wouter De Maeseneire, Mike Wright, Sarika Pruthi, Andy Lockett, Hans Bruining, Ulrich Hommel and Hans Landström PART II: COUNTRY STUDIES 3. Internationalization of Small and Medium-sized Firms (SMEs) in a Western European Service Economy: The Case of Andorra Sanford L. Moskowitz 4. Trust-based Cooperation as Driver for the Internationalization of SMEs: Empirical Evidence from Austria Matthias Fink and Slawomir Teodorowicz 5. Internationalization of SMEs in Belarus Friederike Welter, David Smallbone, Anton Slonimski and Marina Slonimska 6. Internationalization of SMEs in Belgium Jan Degadt 7. Internationalization of SMEs in Bosnia and Herzegovina William R. Pendergast, Mugdim Pasic and Aziz Sunje 8. Internationalization of Bulgarian SMEs Kiril Todorov and Kostadin Kolarov 9. Internationalization of SMEs in Croatia Tihomir Vranešević, Branko Bogunović and Miroslav Mandić 10. Internationalization of SMEs in Cyprus Demetris Vrontis and Alkis Thrassou 11. Internationalization of Danish SMEs Per Servais, Erik S. Rasmussen, Bo B. Nielsen and Tage Koed Madsen 12. Internationalization of Enterprises in Estonia Tiit Elenurm 13. Internationalization of SMEs: The Case of Finland Asko Miettinen 14. Internationalization of SMEs: The Case of The Former Yugoslav Republic of Macedonia Marija Risteska and Zhidas Daskalovski 15. Internationalization of French SMEs Hervé Mesure and Rita Klapper 16. Patterns of Internationalization of German SMEs: Surveying Manufacturing Offshoring Steffen Kinkel, Gunter Lay and Spomenka Maloca 17. Growth of Archetypon S.A.: Exploitation of Opportunities in Greek and European Marketplaces Irini Voudouris and Pavlos Dimitratos 18. The Internationalization of Hungarian SMEs László Kállay and Imre Lengyel 19. Irish Perspectives of International Entrepreneurship Cecilia B. Hegarty 20. Israeli, Born Global, Knowledge-intensive Firms: An Empirical Inquiry Tamar Almor and Gilad Sperling 21. Italian SME International Strategies: State of the Art and Some Empirical Evidences Alberto Mattiacci, Christian Simoni and Lorenzo Zanni 22. Analysis of the Environment for Small and Medium-size Enterprises in Latvia for Further Internationalization Development Tatjana Volkova and Andra Brige 23. Internationalization of SMEs in Liechtenstein Hans-Rüdiger Kaufmann 24. The Path to the Internationalization of Lithuanian Manufacturing SMEs Audra I. Mockaitis 25. The Internationalization of SMEs in Malta: A Critical Assessment in the Context of Five European Island Regions Godfrey Baldacchino 26. Issues on the Internationalization of SMEs in Eastern Europe: The Case of Moldova Sanford L. Moskowitz 27. Monaco’s Forgotten Glitter: Industrial SMEs and their Worldwide Appeal Martine Spence 28. Internationalization of Dutch SMEs Jolanda A. Hessels 29. The Impact of the Single Market Programme on the Internationalization of Polish SMEs Anna Rogut and Bogdan Piasecki 30. Export Performance and Productivity in Portuguese Manufacturing SMEs Margarida Proença, Isabel Correia and Orlando Petiz 31. Small and Medium Size Enterprises in Russia Anatoly Zhuplev and Vladimir Shein 32. The Internationalization of Small and Medium Companies in San Marino Donata Vianelli 33. Internationalization of Slovenian SMEs as a Learning and Unlearning Process Miroslav Rebernik and Ksenja Pušnik 34. The Internationalization of Small and Medium Firms in Spain Alicia Coduras, Cristina Cruz, Ignacio de la Vega and Rachida Justo 35. Network Coordination as a Key to External Resources: A Study of an Internationalizing Biotech SME Angelika Löfgren, Daniel Tolstoy, D. Deo Sharma and Jan Johanson 36. Managing the Challenges of Globalization: Evidence from Swiss Small and Medium-sized Enterprises Thierry Volery 37. Outward Internationalization of Turkish SMEs Serdar Karabati 38. Internationalization of SMEs in Ukraine Nahum Goldmann, Svitlana Slava, Yuriy Makogon, Tetyana Orekhova and Alena Dubouskaya PART III: CONSTITUENTS OF THE UNITED KINGDOM 39. Business Support for Internationalization in England Leigh Sear and Robert T. Hamilton 40. Supporting SMEs in Scotland: Strategies for Internationalizing Mike Danson, Ewa Helinska-Hughes, Michael Hughes and Geoff Whittam 41. Internationalization of Welsh SMEs: The Role of Wales Trade International David Pickernell, David Brooksbank, Helena Snee, Farid Ullah and Dylan Jones-Evans PART IV: CONCLUSION 41. Toward a Theory of Internationalization for European Entrrepreneurship Léo-Paul Dana, Mary Han, Vanessa Rutten and Isabell M. Welpe Index

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Book SynopsisThis book is based on the premise that Regional Trade Agreements (RTAs) in the Asia-Pacific significantly impact on the material progress of the peoples of this region. These impacts - in terms of the benefits and costs associated with RTAs - will vary greatly from country to country.The internationally acclaimed contributors examine the theoretical perspective of RTAs in relation to exchange rates, the role and goals of the WTO and agriculture. The tensions and trade frictions resulting from the formation of trade blocs and their conflicts with the roles and goals of the WTO are also examined in the book. Those economies that are considered the economic powerhouses of the region including China, Japan, South Korea, major ASEAN countries and Australia are discussed in depth. The findings of the book suggest that RTAs are becoming increasingly popular in the Asia-Pacific region. However the associated costs and benefits depend on a number of complex factors including exchange rates, negotiation skills, the sectors included or excluded from the RTA, and the level of economic development of the nations signing the RTAs.The book will be particularly useful to academics, researchers, consultants, students, policy makers (including trade negotiators), and practitioners involved in trade and development in the Asia-Pacific region.Trade Review'The editor of this book is to be congratulated for providing us with the works of a group of authors who combine proficient technical skills with elegant and lucid writing capabilities. . . This book would make excellent recommended reading for both undergraduate and graduate classes in international trade and finance.' -- Herb Thompson, Journal of Contemporary AsiaTable of ContentsContents: Preface PART I: INTRODUCTION 1. Regionalism, Trade and Economic Development: Theories and Evidence from the Asia-Pacific Region M.A.B. Siddique PART II: REGIONALISM: THE WORLD TRADE ORGANIZATION AND THE EXCHANGE RATE 2. Preferential Trade Agreements and the Role and Goals of the World Trade Organization Andrew L. Stoler 3. Preferential Trade Agreements and Exchange Rate Regimes Larry A. Sjaastad 4. Major Trade Trends in APEC Economies: Implications for Regional Trade Agreements Yanrui Wu PART III: EAST ASIA AND THE PACIFIC 5. Australia–United States Free Trade Agreement and its Implications for Japan Ippei Yamazawa 6. Free Trade Areas and Economic Integration in East Asia: The View from China Christopher Howe 7. Reflections on Impacts and Outcomes of Regional Trade Liberalization in an Asia-Pacific Context Kenneth E. Jackson 8. Korea’s Approaches to Regionalism Inkyo Cheong 9. AUSFTA and its Implications for the Australian Stock Market David Allen, Lee K. Lim and Trent Winduss PART IV: SOUTHEAST ASIA 10. US–Singapore Free Trade Agreement: Implications for Singapore, Australia and other ASEAN Countries Jose Tongzon 11. Comparative Advantage in Thailand and Indonesia and Potential Free Trade Agreements: Implications for Trade Diversion William E. James 12. The Singapore–Australia Free Trade Agreement (SAFTA): Motivations and Implications for the Asia-Pacific Economies Rahul Sen PART V: SECTOR STUDIES 13. The Commodity Coverage of PTAs: Does Agriculture Matter? Donald MacLaren 14. Multilateral Consequences of Bilateral Trade Agreements: AUSFTA and the Australian Wool Industry John Stanton, M.A.B. Siddique, Emma Kopke and Nazrul Islam PART VI: CONCLUSION 15. Regionalism, Trade and Economic Development in the Asia-Pacific Region: Challenges Ahead M.A.B. Siddique Index

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Book SynopsisEnvironmental, health and sanitary requirements in developed countries are sometimes perceived in developing countries as non-tariff barriers to trade. This book shows that such restrictions are perceived to be more stringent during the domestic production season or when stock levels are high. The authors argue that scientific data for specific thresholds or limit values sometimes appear to be questionable and that they vary widely between countries. In some cases, products that had initially been refused access to a domestic market have subsequently been allowed access but at a lower price. Thus standards are perceived to be a mechanism for bidding down the export price. Countries from the same region with similar water or climatic conditions may be subject to differential degrees of Sanitary and Phytosanitary measures (SPS). Measures to address protectionist aspects of standards must be devised to ensure free and fair trade.The contributors to this book show that there are good reasons for suspecting that these standards could indeed be protectionist. Utilising a wealth of empirical evidence, the book includes case studies written by authors based in the regions and does not fail to address awkward issues such as 'whose standards?', 'why standards?' and whether cartelisation is the consequence of standards. The contributors also address the political economy of standard setting, not simply the technical process, north-south issues and the political economy of organic food markets. Environmental Regulation and Food Safety will appeal to policymakers and NGOs, researchers and scholars of international and development economics as well as industry strategists. Copublished with Canada's International Development Research Centre.Table of ContentsContents: Preface 1. Introduction Veena Jha 2. Environmental and Health Regulations Veena Jha 3. South Asia Veena Jha 4. Costa Rica Eduardo Gitli, Max Valverde and María Pérez-Esteve 5. Eastern and Southern Africa: The Experience of Kenya, Mozambique, the United Republic of Tanzania and Uganda Cerina Banu Issufo Mussa, René Vossenaar and Nimrod Nakisisa Waniala 6. Organic Agriculture René Vossenaar and Sophia Twarog 7. Summary and Conclusions Veena Jha 8. Ways Forward Veena Jha Index

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Book SynopsisThis absorbing book examines the period of massive structural adjustment taking place in the wine industry. For many centuries wine was very much a European product. While that is still the case today - three-quarters of world wine production, consumption and trade involve Europe and most of the rest involves just a handful of New World countries settled by Europeans - the importance of exports from non-European countries has risen dramatically over the past decade. The World's Wine Markets includes an in-depth look at the growth and impact of New World wine production on the Old World producers, revealing that between 1990 and 2001, the New World's combined share of world wine exports grew from 4 to 18 per cent, or from 10 to 35 per cent when intra-European Union trade is excluded. Original essays, by economists from each of the major wine producing and consuming regions in the world, analyse recent developments and future trends, and conclude that globalization of the industry is set to continue for the foreseeable future. Furthermore they argue that with increasing globalization, there is a greater need than ever for systematic analysis of the world's wine markets.This fascinating work will appeal greatly to students enrolled in wine marketing and business courses, those studying industrial organization, and economists and other social scientists interested in case studies of globalization at work. As well, wine industry participants interested in understanding the reasons behind the recent dramatic developments in the industry will find this rigorously analytical yet accessible book of great value.Trade Review'This text provides a comprehensive overview of the global wine industry. The book has two primary components. The first evaluates trends in global wine production, consumption, and trade. The second evaluates these trends for major wine-producing and wine-consuming countries. As a whole, the book is an invaluable resource for those seeking to understand today's wine industry and the factors influencing its future direction. . . . The World's Wine Markets provides an excellent overview of the worldwide wine industry that is enhanced by the detailed case studies of major wine producers and consumers.' -- Rachel E. Goodhue, Agribusiness'This book is a useful contribution to the literature on wine, in large part because it offers a global picture of recent vintage.' -- Brian Holly, Growth & Change'This is a useful work, which provides a comprehensive overview of the world's wine markets. Its particular strengths are its global coverage, its focus on both production and consumption, and the large number of charts and tables with which the volume is replete. With authors drawn from across the world, the book provides interesting national perspectives on the practice of globalization. It will be of undoubted use to students and those in the wine trade who need easily accessible information on this most fascinating of global markets.' -- Tim Unwin, Royal Holloway, University of London, UK and Editor, Journal of Wine Research'World wine trade is undergoing the most radical transformation since the 1970s: New protagonists have helped to push markets' boundaries ever further afield in a world that has become a smaller place. This timely book offers a valuable collection of insights by academics into the gripping fight between seasoned performers from the Old World and their young pretenders from the New.' -- Pierre Spahni, author of The International Wine Trade (1995, 2000)

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Book SynopsisThis book focuses on recent financial market reforms, and their implications for social, economic and political exclusion. In particular it considers the hitherto under-researched question of whose interests govern the design of regulatory mechanisms and who influences the decision-making process. This process is set out as contested terrain, in which there are winners and losers, and in which there are inevitably circles of exclusion. The authors, comprising financial authority experts and academic specialists, expand the concept of exclusion beyond its typical social dimension to incorporate all actors, be they individuals or institutions not permitted to contribute to financial market regulation as a public good. As they point out, this may take the form of political, economic or indeed cultural exclusion. The book examines the conflicts that arise between various interests and how these are managed within the process of regulation. The book has a focus on political financial sector reforms at the global level with special emphasis on how these reforms are implemented in the EU. The authors conclude that financial governance has to be embedded in broad legitimization structures, encompassing the participation or representation of a variety of interests affected by it, if they are to be deemed democratically legitimate. Furthermore, inclusion also has to show substantive effects on governance outcomes. This volume opens up the debate about the future of financial market regulation and hence, policy makers, NGOs, researchers and scholars will find this interdisciplinary book of great interest. It will also appeal to political scientists, economists, financial market participants, regulators and economic policy makers in general and academics of sociology, political science, economics and finance in particular.Trade Review'This is the best book I have yet seen on the social and political implications of financial market liberalisation and regulatory change in a globalizing world. The authors systematically analyse the relationships between powerful private sector actors, policymakers and regulators, and other interested groups, identifying crucial neopluralist coalition-building processes leading to complex pro-market forms of reregulation. Each chapter examines these processes at several levels: competing actors and institutions in the financial sector itself; wider political processes and power relationships; and distributive outcomes - or who wins and who loses in the multi-level playing field of 21st century global finance.' -- Philip G. Cerny, Rutgers University, Newark, US and University of Manchester, UK'This book is a collection of excellent contributions covering a broad range of perspectives for the future of financial regulation. Far from juxtaposing the pros and cons of the different approaches to regulation in a reductionist manner, it thoroughly explores the economic, political and social consequences of regulation on the basis of numerous case studies, e.g. of the Lamfalussy process, Basel II, the regulation of pension funds or the implementation of financial literacy programmes. The great value of this book lies in its comprehensive approach: it brings together academics and central bankers, thus synthesizing theoretical and practical knowledge about financial market regulation and presenting an informed debate on these issues for a broader readership.' -- Gertrude Tumpel-Gugerell, Executive Board of the European Central Bank'This book on financial governance is a highly timely contribution to economic discourse. The dynamics of inclusion and exclusion are highlighted from several angles - financial economics, political science and sociology. The rare insights presented are combined to produce a fresh approach to regulatory reform and financial governance. This book covers an exceedingly broad range of perspectives, as it contains contributions by academics and practitioners, economists and political economy experts. It is a must for everyone whose activities touch on financial market regulation issues.' -- Philip Arestis, University of Cambridge, UK'This is an excellent and thought provoking set of essays on the political dynamics of financial regulatory regimes, which uses the dichotomy of inclusion and exclusion to explore the issue of legitimacy of regulatory actors, and provides a welcome antidote to the technocratic and legal literature in the area.' -- Julia Black, London School of Economics and Political Science, UKTable of ContentsContents: Preface Peter Mooslechner, Helene Schuberth and Beat Weber Financial Market Regulation and the Dynamics of Inclusion and Exclusion Peter Mooslechner, Helene Schuberth and Beat Weber PART I: THE THEORY OF FINANCIAL MARKET GOVERNANCE AND THE PROBLEM OF INCLUSION AND EXCLUSION 1. Theorizing Governance in a Global Financial System Geoffrey R.D. Underhill 2. Political Economy Approach to Financial Reform Susanne Lütz 3. Who Governs? Economic Governance Mechanisms and Financial Market Regulation Brigitte Unger PART II: CASE STUDIES 4. The Significance of Changes in Private-Sector Associational Activity in Global Finance for the Problem of Inclusion and Exclusion Tony Porter 5. The Construction of the Single Market in Financial Services and the Politics of Inclusion and Exclusion Beat Weber 6. Financial Education for the Poor in the United States Martin Schürz 7. The Governance of OTC Derivatives Markets Eleni Tsingou 8. Risks, Ratings and Regulation: Toward a Reorganization of Credit via Basel II? Vanessa Redak 9. The Governance of Occupational Pension Funds and its Politico-Economic Implications: The Case of Austria Stefan W. Schmitz Index

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Book SynopsisThis volume is a careful selection of the leading legal and economic papers analysing international discrimination in government purchasing. It also includes the WTO agreement that seeks to curb such discrimination. Studies of individual country experiences are also featured, adding a practical dimension to what often appears to be a narrow technical debate. This authoritative and wide-ranging volume will provide trade negotiators, other government officials including purchasing officers, and scholars with a thorough grounding so as to effectively assess proposals for further international rules on government procurement practices, be they in bilateral, regional, or multilateral arenas.Table of ContentsContents: Acknowledgements Introduction Simon J. Evenett and Bernard Hoekman PART I LEGAL NORMS/INTERNATIONAL COOPERATION/WTO RULES 1. Annet Blank and Gabrielle Marceau (1996), ‘The History of the Government Procurement Negotiations Since 1945’ 2. Kenneth W. Abbott (2001), ‘Rule-making in the WTO: Lessons from the Case of Bribery and Corruption’ 3. Sue Arrowsmith (2002), ‘Reviewing the GPA: The Role and Development of the Plurilateral Agreement after DOHA’ 4. Sue Arrowsmith (2003), ‘Transparency in Government Procurement: The Objectives of Regulation and the Boundaries of the World Trade Organization’ 5. Simon J. Evenett (2003), ‘Is There a Case for New Multilateral Rules on Transparency in Government Procurement?’ PART II ECONOMICS OF DISCRIMINATION 6. Robert E. Baldwin and J. David Richardson (1972), ‘Government Purchasing Policies, Other NTB’s, and the International Monetary Crisis’ 7. Albert Breton and Pierre Salmon (1996), ‘Are Discriminatory Procurement Policies Motivated by Protectionism?’ 8. Aaditya Mattoo (1996), ‘The Government Procurement Agreement: Implications of Economic Theory’ 9. George Deltas and Simon Evenett ([1997] 2000), ‘Quantitative Estimates of the Effects of Preference Policies’ 10. Thomas C. Lowinger (1976), ‘Discrimination in Government Procurement of Foreign Goods in the U. S. and Western Europe’ 11. R. Preston McAfee and John McMillan (1989), ‘Government Procurement and International Trade’ 12. Kaz Miyagiwa (1991), ‘Oligopoly and Discriminatory Government Procurement Policy’ 13. Federico Trionfetti (2000), ‘Discriminatory Public Procurement and International Trade’ 14. Simon J. Evenett and Bernard M. Hoekman (2005), ‘Government Procurement: Market Access, Transparency, and Multilateral Trade Rules’ PART III EMPIRICAL ANALYSES OF INTERNATIONAL AGREEMENTS AND RULES 15. Bernard M. Hoekman ([1997] 2000), ‘Operation of the Agreement on Government Procurement, 1983–1992’ 16. Joseph Francois, Douglas Nelson and N. David Palmeter ([1997] 2000), ‘Public Procurement in the United States: A Post-Uruguay Round Perspective’ 17. Harvey Gordon, Shane Rimmer and Sue Arrowsmith (1998), ‘The Economic Impact of the European Union Regime on Public Procurement: Lessons for the WTO’ 18. Vivek Srivastava (2003), ‘India’s Accession to the Government Procurement Agreement: Identifying Costs and Benefits’ 19. Inbom Choi (2003), ‘The Long and Winding Road to the Government Procurement Agreement: Korea’s Accession Experience’ 20. Dimitri Mardas (2001), ‘Indicators for Measuring the Potential Economic Impact of Opening Government Procurement and their Application to the Situation of Hungary’ Name Index

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Book SynopsisBefore the latest EU enlargement, substantial changes in the integration process were predicted as a result of the accession of 10 new Member States, with some forecasting cataclysmic consequences. This book, one of the first ex post assessments of EU enlargement, provides evidence to the contrary, while also providing examples in which the new Members have been able to influence EU policy output with their liberal attitudes on economic and social policy. This book will be of great interest to EU policymakers, including officials of European institutions whose primary concerns are 'policy adjustment' and EU external relations. It will also be of interest to academics and students specialising in EU affairs, especially European integration, organisation, governance and public policy.Trade Review'. . . a timely and thought provoking book on a subject that is very topical and of great importance to the world.' -- V.H. Manek Kirpalani, Global Business ReviewTable of ContentsContents: Introduction PART I: THE NEW ECONOMIC SETTING 1. Trade and Investment Patterns in an Enlarged Union Victoria Curzon Price 2. Economic Integration and Spatial Location of Production Miroslav N. Jovanovic 3. The Impact of Enlargement on EU Agriculture Nicholas C. Baltas 4. The Impact of Enlargement on Monetary Stability Franco Praussello PART II: GOVERNANCE AND COHESION OF THE ENLARGED UNION 5. Political Dynamics in the Enlarged European Union Neill Nugent 6. Regulatory Adjustment in the Wider Europe Area Constantine A. Stephanou 7. Economic and Social Cohesion in the Enlarged Union Panagiotis Liargovas PART III: EXTERNAL RELATIONS OF THE ENLARGED UNION 8. Challenges of Adjustment: Economic Integration in a Wider Europe Carol Cosgrove-Sacks 9. A Major Challenge for the EU’s External Action: The European Neighbourhood Policy Christian Franck 10. The EU’s Enlargement and Euro-Mediterranean Relations Dimitris K. Xenakis 11. EU Energy Dependence and Co-operation with CIS Countries after EU Enlargement Yelena Kalyuzhnova and Maria Vagliasindi 12. Impact of EU Enlargement to CEE Countries on Transatlantic Relations René Schwok Conclusions Index

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