International economics Books

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 SynopsisThis fascinating book, a dialogue by leading economists, offers an extensive review of the impact of the introduction of the euro on the international monetary system. The authors dissect the impact of the euro on living standards in developed and developing countries, the growth of the Euro zone, the role of the International Monetary Fund, and the function of gold in the international monetary system. Also discussed is the design of a new international financial architecture and its impact on the wealth of nations. The critique is frank, entertaining, and sometimes conflicting, empowering the reader to draw his or her own conclusions. Offering a comprehensive review, this book will have great appeal for economists, especially those working on international monetary policy and theory. Students will also find this book of value.Table of ContentsContents: Foreword by Robert H. Evans 1. Introduction by Robert A. Mundell and Paul J. Zak 2. Issues Facing the Global Economy 3. Internal Aspects of the Euro 4. International Aspects of the Euro 5. Lionel Robbins Lecture 6. The Future of the EMU, the Euro, and International Finance 7. The Role of Gold in the International Monetary System 8. Fundamental Reform of the International Monetary System: Necessity, Timing and Future Directions 10. Randall Hinshaw Memorial Lecture: Choosing Exchange Rate Regimes. Lessons from Europe and Asia 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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Book SynopsisThis book is a critical review of current fiscal and monetary policy in Europe and presents results of both empirical research and a discussion of the theoretical framework behind the policy of the European Central Bank and the Stability and Growth Pact.Macroeconomic policy is often hotly debated within the EU. However, the majority of policy discussions have started from a shared view of how the economy works. This shared neo-classical view is also known as the 'Brussels-Frankfurt consensus'. According to that consensus, European labour markets are too rigid in comparison to the US labour market. Hence, the prevalent view is that the European unemployment problem can be solved by increasing incentives; improving the returns on schooling and redefining the role and the necessity of labour market institutions. In this volume the authors argue that it is not at all clear which institutions cause labour market rigidities and to what extent. They note that the problem of unemployment requires a much broader set of solutions, including active labour market policies, policies concerning schooling and the development of skills. Growth and Cohesion in the European Union also highlights that these microeconomic policies will not in themselves provide the solution to what is essentially a macroeconomic problem. First and foremost the role of aggregate demand in the determination of unemployment has to be placed at the forefront of the debate.The extensive discussion of a broad variety of topics in the field of macroeconomic policy will ensure this book finds a welcome readership amongst researchers and academics of European studies and macroeconomics. Policy advisors will also find much to engage them as the book provides a critical view on the Brussels-Frankfurt consensus, currently so dominant amongst European policymakers.Table of ContentsContents: Introduction PART I: MONETARY POLICY, FISCAL POLICY AND THE STABILITY AND GROWTH PACT 1. The Brussels–Frankfurt Consensus: An Answer to the Wrong Question William Mitchell and Joan Muysken 2. Whither Stability Pact? An Assessment of Reform Proposals Paola Monperrus-Veroni and Francesco Saraceno 3. Alternatives for the Policy Framework of the Euro Philip Arestis and Malcolm Sawyer 4. What Drives ECB Monetary Policy? Clemens J.M. Kool 5. Interest Rates, Debt, Counter-Cyclical Policy and Monetary Sovereignty Jan Kregel PART II: LABOUR MARKETS AND LABOUR MARKET POLICIES 6. Institutions and the Labour Market: Examining the Benefits Tom van Veen 7. Institutions and Unemployment in OECD Countries: A Panel Data Analysis Lucio Baccaro and Diego Rei 8. The Institutional Determinants of Labour Market Performance: Comparing the Anglo-Saxon Model and a European-Style Alternative Henri de Groot, Richard Nahuis and Paul Tang 9. Enhancing Productivity: Social Protection as Investment Policy Chris de Neubourg and Julie Castonguay 10. Labour Market Adjustments and Macroeconomic Performance Anna Batyra and Henri Sneessens Index

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Book SynopsisThe opening up of world markets, rapid growth of trade and foreign direct investment create manifold problems for competition policy. Thus, international mergers may have adverse effects on many countries, international cartels may carve up world markets and dominant firms may seek to maintain their global position by exclusionary conduct. These problems have been recognised for more than half a century and some attempts have been made internationally to address them, so far with limited success. This progressive book seeks to explore the problems and concerns that globalisation has created for competition policy. The book begins by setting out the principles of competition and trade policies, and then goes on to address the impact of market globalisation on what are usually thought of as traditional antitrust concerns. These include the analysis of the difficulties arising from collusion and other restrictive practices, government sponsored 'voluntary co-operation', vertical restrictions and market access, pricing strategies of dominant firms and international mergers, all illustrated with a number of prominent case studies. The author concludes with an illuminating discussion on the feasibility of international co-operation on competition policy, the faltering progress that has been made so far and the prospects for future advances.This comprehensive volume will prove to be an invaluable resource to students and scholars of law and economics. It will also find wide appeal amongst researchers, policy makers and practitioners with an interest in industrial organisation, antitrust policy and globalisation.Trade Review'This book is a welcome and timely addition to the library of materials exploring the implications of the move from internationalisation of trade towards globalisation.' -- Michael Hutchings, European Competition Law Review'This book provides an excellent introduction to the difficult and important issues surrounding international trade and competition policy.' -- Douglas A. Irwin, Dartmouth College, USTable of ContentsContents: Preface Part I: Introductory 1. Introduction and Outline 2. The Principles of Trade and Competition Policies Part II: Competition Issues in the Global Economy 3. An International Perspective on Collusive Behaviour 4. Government Sponsored ‘Voluntary’ Co-operation 5. Vertical Restrictions and Market Access 6. Pricing Strategies of Dominant Firms 7. International Mergers Part III: Policy Problems 8. The Feasibility of International Agreement 9. Attempts at International Co-operation 10. Towards an International Competition Policy References Index

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Book SynopsisIn an international context, fairness is particularly important, since only a system which is perceived by its participants as fair can command acceptance and compliance. The main focus of this study is to investigate the development of the notion of fairness in US trade policy and law as well as the impact this notion has on international trade discussions and rule-making, and especially on the formation of the multilateral trade regime.The contention of the author, Americo Beviglia Zampetti, is that fairness concerns, which have been present in the US trade policy debates and treaty practice since the Republic's inception, have contributed to shaping these debates and practice over the years, both at home and abroad. These concerns were finally thrust upon the international scene through inclusion in the multilateral trade regime after World War II. As such, the book forms part of the broader debate over the costs and benefits of globalization. The methodological approach chosen is that of an 'intellectual history', which seeks to understand the origin of a particular idea, trace its trajectory within the international trade policy discourse and evaluate its impact on policy and regime formation. Fairness in the World Economy will be a fascinating and insightful read for academics, students, researchers and policymakers with an interest in international trade issues as well as international affairs, relations and economics.Trade Review'This book is very informative and is based on a well-documented research supported with historical, political, and past policy debates about the fairness in US trade policy and laws as well as its impact on the formation of the multilateral trade regime. . . Zampetti must be given credit for drawing our attention to onggoing research in this fascinating and exciting area.' -- Gii.ldem Gokcek, Ecnnomk'Americo Beviglia Zampetti's Fairness in the World Economy provides an important lens into understanding fairness debates in contemporary trade discourse. . . an important contribution to the trade literature. . . the historical excavation that Fairness in the World Economy provides is of great value. Students and scholars alike will find Zampetti's clear and concise history of US trade policy from the founding to the present to be extremely useful. More importantly, at a time when there is widespread argument that "too few share in [globalization's] benefits [and] too many have no voice in its design and no influence on its course, Fairness in the World Economy<\/i> invites its readers to consider the adequacy of the level playing field notion of fairness and to grapple with the politically contentious question of how trade can help create a more just international economic order.' -- Jeffrey L. Dunoff, The American Journal of International Law'This is an unusually timely and insightful work, addressing the crucial issue of the justice of globalization. The author avoids the polemics and abstractions with which this question is usually treated; his economic literacy as well as hands-on policy experience in international and transnational institutions, make this a uniquely practical, balanced and nuanced account, bringing much clarity to a heated debate, which usually divides the different disciplines and specialities rather than inciting their engagement.' -- Robert L. Howse, University of Michigan, Ann Arbor, US'This volume describes the birth (with all the birth defects) of the notion of fairness in the US. The extent of the author's research is quite breathtaking: not only does he delve into an infinite series of official and semi-official documents, but he also looks at case law, opinions expressed in the literature etc., to come up with an expression of (US) fairness that does not suffer from selection bias. But this is only half what the author has accomplished through his work. He goes on to examine how US fairness has been exported to international institutions (such as the GATT/WTO regime) and demonstrates how, once discussed and shaped among all trading partners, it has come back to the US in a different form. The book thus provides both the "inside out" and the "outside in" perspective. It will prove invaluable for the political scientist, the economic historian and the lawyer alike.' -- Petros C. Mavroidis, Edwin B. Parker Professor of Law, Columbia Law School, US and University of Neuchatel, Switzerland & CEPRTable of ContentsContents: Introduction 1. Analytical Framework 2. Fairness: In Search of a Meaning 3. Fairness in the US Commercial Policy Discourse Before the Advent of the Multilateral Trade System 4. The Fairness Idea in the Development of the Multilateral Trade Regime 5. Rethinking Fairness in the Evolution of the International Trade Policy and Rule-Making Discourse 6. Conclusion Bibliography Index

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Book SynopsisThe Olympic Games is a unique event centering global interest on its host city. The financing of the Games has changed dramatically since Munich (1972) and economic interests and effects are increasingly paramount. It is therefore an anomaly that accurate economic analysis and comparison is not readily available. This is the most detailed study on the economic implications of recent and future Olympic Games over four decades.Holger Preuss analyses the most important issues surrounding the hosting of the Olympics, and its wider economic effects, including: financial gigantism of the Olympic Games commercialisation and its control problems associated with achieving the Olympic requirements and standards the economic legacy of Olympic Games the feasibility of developing countries staging future Olympic Games detailed post Olympic analysis of financial figures conclusions on the economic related achievements of respective Organising Committees. Academics and researchers of sports economics, international economics, international business and competition will all find this fascinating book of great value. The rigorous and authoritative analysis ensures valuable information will be available for future bid cities, and in a wider context, any city planning to bid for a major sporting event. It will also appeal to those interested in the broader context of the Olympic Games and concerned by their commercialisation and gigantism.Trade Review'The book is chock full of data and history. . . Preuss's book provides an in-depth, comprehensive look at the economics and finances of the Olympics. The book merits reading in a sequential fashion, but readers interested in particular topics would still benefit from reading only specific sections. It does contain a number of graphs, tables and some equations, but the accompanying text is written in an accessible manner that should not put off non-specialist readers.' -- IPKat'This book should be compulsory reading for all politicians and planners involved in preparing for the Games, for tutors who want to incorporate analysis of the Olympics into their programmes, for sports studies and sports management students in higher education, for events management staff and students wanting the definitive word on the economics of mega events. It is Preuss's defining contribution to the study of the economics of sport.' -- Peter Taylor, Leisure Studies'Professor Preuss has written a much needed book comparing the economic effects of the Olympic Games from 1972 to 2004. The book will be easy to follow for those without an in-depth knowledge of economics. . . This book should be essential reading for anyone connected to the London Games and for anyone involved in tourism. It will also be a very useful source of information and statistics for those studying how the Olympic Games affect tourism, sport or other aspects of leisure.' -- Mike Dods, The Tourism Society Journal'This is probably the most ambitious effort, so far, to describe economic impacts of Summer Olympic Games. . . The major contribution of this book is that it gives a wealth of details and succeeds in making these comparable over 30 years and 7 countries. It is a unique source of information and a "must-have" in the reference library of any institution or researcher interested in mega-events.' -- Tommy D. Andersson, Idrottsforum.orgTable of ContentsContents: Preface by Jacques Rogge Foreword by Holger Preuss 1. Introduction: The Situation of Modern Cities and the Olympic Games 2. Methodology: Justifications for Use 3. Financing of the Games: Interests, Winners and Losers 4. Growth and Financial Gigantism: The Scale of the Olympic Games 5. Technique of Measuring: The Economic Impact of Olympic Games 6. Tourism and Exports: The Sleeping Giants 7. Investments and the Reconstruction of a City: Burdens and Opportunities 8. The Great Source of Income: Revenues of the OCOG 9. The Flip Side of the Coin: Expenditures of the Organizing Committee 10. Jobs, Jobs, Jobs: Great Opportunities or Flash in the Pan? 11. The Olympic Aftermath: Price Increases and Economic Legacy 12. Reflections: The Olympics Today and the Challenge for Future Hosts References 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 SynopsisGlobalization provokes both excitement and fear. This comprehensive collection, which brings together some of the most important published work on the subject, addresses a core issue of contention: the implications of globalization for poverty and inequality. While the debate is highly politicized, this insightful set of papers focuses on the contributions made by academic economists. Globalization may be regarded by some as the realization of new opportunities through the removal of barriers to the flows of goods, services, factors and knowledge. However, it may also have adverse consequences: notably for farmers and unskilled workers in rich countries and for workers in protected industries in poor countries. In addition, this important collection investigates the implications of globalization for the power of international corporations and for the sovereignty of poor countries. It also explores topics such as the history of globalization, migration, capital movements and international institutions.Trade Review‘I wholeheartedly recommend the collection by Collier and Gunning.’Table of ContentsContents: Volume I: What Has Happened? Acknowledgements Introduction Paul Collier and Jan Willem Gunning PART I HISTORY OF GLOBALIZATION 1. Robert E. Lucas, Jr. (2003), ‘The Industrial Revolution: Past and Future’ 2. Jeffrey G. Williamson (2005), ‘Winners and Losers Over Two Centuries of Globalization’ 3. Paul Collier and David Dollar (2002), ‘The New Wave of Globalization and its Economic Effects’ PART II IMPACT ON POVERTY AND INEQUALITY 4. Ravi Kanbur (2001), ‘Economic Policy, Distribution and Poverty: The Nature of Disagreements’ A Global Poverty 5. François Bourguignon and Christian Morrisson (2002), ‘Inequality Among World Citizens: 1820–1992’ 6. Martin Ravallion (2004), ‘Competing Concepts of Inequality in the Globalization Debate’ 7. Shaohua Chen and Martin Ravallion (2004), ‘How Have the World’s Poorest Fared Since the Early 1980s?’ B International Convergence or Divergence? 8. Lant Pritchett (1997), ‘Divergence, Big Time’ 9. Branko Milanovic (2002), ‘True World Income Distribution, 1988 and 1993: First Calculations Based on Household Surveys Alone’ C Regional Convergence or Divergence? 10. Dan Ben-David (1993), ‘Equalizing Exchange: Trade Liberalization and Income Convergence’ 11. Anthony J. Venables (2003), ‘Winners and Losers from Regional Integration Agreements’ D Domestic Inequality and Poverty 12. David Dollar and Aart Kraay (2002), ‘Growth is Good for the Poor’ 13. Martin Ravallion (2001), ‘Growth, Inequality and Poverty: Looking Beyond the Averages’ 14. Howard L.M. Nye and Sanjay G. Reddy (2002), ‘Dollar and Kraay on Trade, Growth and Poverty: A Critique’ 15. Edward Anderson (2005), ‘Openness and Equality in Developing Countries: A Review of Theory and Recent Evidence’ E Country Perspectives 16. Ravi Kanbur and Xiaobo Zhang (2005), ’Fifty Years of Regional Inequality in China: A Journey Through Central Planning, Reform, and Openness’ 17. Arvind Panagariya (2004), ‘India’s Trade Reform’ 18. Norman Loayza, Pablo Fajnzylber and César Caldéron (2005), ‘Economic Growth in Latin America and the Caribbean: Stylized Facts, Explanations and Forecasts’ 19. Paul Collier and Jan Willem Gunning (1999), ‘Why Has Africa Grown Slowly?’ Name Index Volume II: What Are the Channels of Transmission? Acknowledgements An introduction by the editors to all three volumes appears in Volume I 1. Howard Pack (1994), ‘Endogenous Growth Theory: Intellectual Appeal and Empirical Shortcomings’ 2. Mancur Olson, Jr. (1996), ‘Big Bills Left on the Sidewalk: Why Some Nations Are Rich, and Others Poor’ PART I TRADE IN GOODS 3. Paul Krugman and Anthony J. Venables (1995), ‘Globalization and the Inequality of Nations’ 4. Adrian Wood and Kersti Berge (1997), ‘Exporting Manufactures: Human Resources, Natural Resources and Trade Policy’ A Effect in Developing Countries 5. Francisco Rodríguez and Dani Rodrik (2000), ‘Trade Policy and Economic Growth: A Skeptics Guide to the Cross-National Evidence’ 6. Andrew Berg and Anne Krueger (2003), ‘Trade, Growth and Poverty – A Selective Survey’ 7. L. Alan Winters, Neil McCulloch and Andrew McKay (2004), ‘Trade Liberalization and Poverty: The Evidence So Far’ 8. Aart Kraay (1999), ‘Exports and Economic Performance: Evidence from a Panel of Chinese Enterprises’ 9. Arne Bigsten, Paul Collier, Stefan Dercon, Marcel Fafchamps, Bernard Gauthier, Jan Willem Gunning, Abena Oduro, Remco Oostendorp, Catherine Pattillo, Måns Söderbom, Francis Teal and Albert Zeufack (2004), ‘Do African Manufacturing Firms Learn from Exporting?’ B Effect in Developed Countries 10. Robert C. Feenstra and Gordon H. Hanson (1999), ‘The Impact of Outsourcing and High-Technology Capital on Wages: Estimates for the United States, 1979–1990’ PART II MIGRATION 11. Jeffrey G. Williamson (2004), The Political Economy of World Mass Migration: Comparing Two Global Centuries 12. L. Alan Winters, Terrie L. Walmsley, Zhen Kun Wang and Roman Grynberg (2003), ‘Liberalising Temporary Movement of Natural Persons: An Agenda for the Development Round’ 13. Maurice Schiff (2005), ‘Brain Gain: Claims About Its Size and Impact on Welfare and Growth Are Greatly Exaggerated’ PART III CAPITAL MOVEMENTS 14. Lemma W. Senbet (2001), ‘Global Financial Crisis: Implications for Africa’ 15. Barry Eichengreen, Ricardo Hausmann and Ugo Panizza (2003), ‘Currency Mismatches, Debt Intolerance, and Original Sin: Why They Are Not the Same and Why it Matters’ 16. Paul Collier, Anke Hoeffler and Catherine Pattillo (2001), ‘Flight Capital as a Portfolio Choice’ 17. E. Borensztein, J. De Gregorio and J.-W. Lee (1998), ‘How Does Direct Foreign Investment Affect Economic Growth?’ Name Index Volume III: Policy Responses Acknowledgements An introduction by the editors to all three volumes appears in Volume I PART I DOMESTIC 1. Dani Rodrik (1998), ‘Why Do More Open Economies Have Bigger Governments?’ PART II STANDARDS 2. T.N. Srinivasan (1996), ‘International Trade and Labor Standards From an Economic Perspective’ 3. Kathleen Beegle, Rajeev H. Dehejia and Roberta Gatti (2005), ‘Child Labour, and Agricultural Shocks’ 4. Drusilla K. Brown, Alan V. Deardorff and Robert M. Stern (2003), ‘The Effects of Multinational Production on Wages and Working Conditions in Developing Countries’ 5. Jagdish Bhagwati and T.N. Srinivasan (1996), ‘Trade and the Environment: Does Environmental Diversity Detract from the Case for Free Trade?’ PART III INTERNATIONAL INSTITUTIONS A Aid and Debt 6. Paul Collier and David Dollar (2002), ‘Aid Allocation and Poverty Reduction’ 7. Catherine Pattillo, Hélène Poirson and Luca Ricci (2004), ‘Through What Channels Does External Debt Affect Growth?’ 8. Seema Jayachandran and Michael Kremer (2006), ‘Odious Debt’ B IMF and Structural Adjustment 9. David E. Sahn and Stephen D. Younger (2004), ‘Growth and Poverty Reduction in Sub-Saharan Africa: Macroeconomic Adjustment and Beyond’ 10. Paul Collier and Jan Willem Gunning (1999), ‘The IMF’s Role in Structural Adjustment’ 11. Joseph E. Stiglitz (1999), ‘Beggar Thy-Self Versus Beggar-Thy-Neighbour Policies: The Dangers of Intellectual Incoherence in Addressing the Global Financial Crisis’ 12. Dani Rodrik (1998), ‘Who Needs Capital-Account Convertibility?’ C WTO 13. Paul Collier (2006), ‘Why the WTO is Deadlocked: And What Can Be Done About It’ 14. Michael Kremer (2002), ‘Pharmaceuticals and the Developing World’ D Global Public Goods 15. Scott Barrett (2003), ‘Global Disease Eradication’ 16. Sir Anthony B. Atkinson (2007), ‘Innovative Sources for Development Finance: Global Public Economics’ Name Index

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Book SynopsisAlthough the globalization of markets and the rapid growth in worldwide information technologies supports harmonization and integration between countries, substantial differences still exist throughout the world. Global Divergence in Trade, Money and Policy explores the disparities between a range of countries, arguing that their differences are a major factor in international tensions, and will remain a substantial problem for many decades to come. The book analyses the implications of disparities in the areas of economic power, institutional structures, per capita income, international trade, exchange rate systems, financial markets, monetary policy issues, the development of monetary unions and welfare. Case studies encompassing Asia, India, Greece, Mexico, the US and EU accession countries illustrate how differently the globalization process is regarded and valued by countries depending on their own particular circumstances. Exploring the role of different countries in the processes of globalization and shedding light on the issues surrounding economic divergences, this book will strongly appeal to economists with a special interest in globalization, development and international trade.Trade Review'. . . a wonderful book for those interested in issues of trade, finance and monetary integration, as well as in some peculiarities of the Mexican and US banking systems. It is also an excellent selection for upper-level or graduate courses in international economics and development, as it requires that the reader be familiar not only with theory, but also possess a decent mathematical background.' -- Carlos F. Liard-Muriente, Progress in Development StudiesTable of ContentsContents: Preface The Athenian Policy Forum Introduction PART ONE: PROBLEMS OF INTERNATIONAL TRADE 1. Currency Misalignments and Trade Asymmetries Among Major Economic Areas Dominick Salvatore 2. Free Trade and Poverty Fernando A. Noriega-Ureña PART TWO: EXCHANGE RATE ASPECTS AND FINANCIAL MARKETS 3. The East Asian Dollar Standard, Fear of Floating, and Original Sin Ronald McKinnon and Gunther Schnabl 4. Integration and Convergence of Financial Markets in the European Union Bala Batavia, Parameswar Nandakumar and Cheick Wagué PART THREE: ASYMMETRIES IN BANKING SECTORS 5. Asymmetries in US Banking: The Role of Black-Owned Banks Nicholas A. Lash 6. The Extranjerización of the Mexican Banking Sector: Expectations and Results Carlos A. Rozo PART FOUR: MONETARY POLICY ISSUES 7. Asymmetries in Transatlantic Monetary Policy Relationship? ECB versus FED Ansgar Belke and Daniel Gros 8. Rethinking Monetary Stabilization in the Presence of an Asset Bubble: Should the Response be Symmetric or Asymmetric? Marc D. Hayford and A.G. Malliaris PART FIVE: ACCESSION COUNTRIES AND EMU 9. The Internationalization of the Euro: Trends, Challenges and Risks George Michalopoulos 10. Linkages in the Term Structures of the EU Accession Countries Minoas I. Koukouritakis and Leo Michelis Index

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Book SynopsisThis unique book provides a comprehensive survey of the major economic issues that have helped shape the modern world. It includes discussions of the latest research findings in the international economic development literature and scrutinises some of the most important debates in contemporary economics. Brian Snowdon examines the many controversies relating to long-run growth and development, problems of transitions from socialism to capitalism, international competitiveness and the impacts of globalisation.To shed light on these critical issues Brian Snowdon interviewed eleven leading economists who are featured in this book: Daron Acemoglu, Alberto Alesina, Padma Desai, William Easterly, Stanley Fischer, Janos Kornai, Michael Porter, Dani Rodrik, Jeffrey Sachs, Xavier Sala-i-Martin and Jeffrey Williamson.Globalisation, Development and Transition provides an all-encompassing guide to the contemporary literature on economic development and related fields, as well as an extensive and up-to-date list of references. It will be an essential resource for all scholars and students of economics, especially those with an interest in economic growth and development, economic history, trade and globalisation, and the economics of transition.Trade Review'By reading this book, students should be able to grasp the historical background of current theory in development economics. The book provides useful supplementary reading for courses on development economics. Moreover, the comprehensive bibliography at the end is valuable not only for students, but also for researchers.' -- Hiroki Nogami, The Developing Economies'Brian Snowdon is a superb economist and chronicler who tells us about critical issues and principal players through insightful interviews that immediately command attention. He is the indispensable economist whom we can all read, and be both entertained and instructed.' -- Jagdish Bhagwati, Columbia University, US'This excellent volume can be read with pleasure and profit by everyone, whether novice or expert, who wants to understand the historical experience of economic growth.' -- Nick Crafts, University of Warwick, UK'These topics are of the utmost interest today to anyone concerned with the political and economic scene. Brian Snowdon has put together a set of conversations of the type he is already well known for, drawing out the key points from the key researchers in these areas. He has complemented these with an erudite but thoroughly accessible survey of each topic in the three opening chapters. Well done!' -- Patrick Minford, Cardiff University, UKTable of ContentsContents: Preface 1. The Fall and Rise of Globalisation 2. Economic Development in Historical Perspective 3. The Rise and Fall of the Socialist System and the Trials of Transition INTERVIEWS: Daron Acemoglu, Alberto Alesina, Padma Desai, William Easterly, Stanley Fischer, János Kornai, Michael Porter, Dani Rodrik, Jeffrey Sachs, Xavier Sala-i-Martin, Jeffrey Williamson Bibliography Index

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Book SynopsisScholars and policymakers have long been interested in the relationship between international institutions, foreign trade, and interstate conflict. This timely volume presents the most important published articles that address these crucial issues. The articles are organized into three parts. The first part presents and evaluates the core theoretical arguments about the linkage between foreign economic relations and political-military hostilities. The second part addresses the origins of various international institutions designed to influence global commerce, how these institutions operate, and the extent to which they shape the flow and content of overseas trade. The final part analyzes how economic disputes are settled within the World Trade Organization.Trade Review'This is an outstanding collection of the most important articles on trade, conflict, and the WTO. It will be a valuable tool for students and scholars alike.' -- David A. Baldwin, Princeton University, USTable of ContentsContents: Acknowledgements Introduction Marc L. Busch and Edward D. Mansfield PART I ECONOMIC INTERDEPENDENCE AND CONFLICT 1. Robert O. Keohane (1990), ‘International Liberalism Reconsidered’ 2. Kenneth N. Waltz (1970), ‘The Myth of National Interdependence’ 3. Barry Buzan (1984), ‘Economic Structure and International Security: The Limits of the Liberal Case’ 4. Edward D. Mansfield and Brian M. Pollins (2001), ‘The Study of Interdependence and Conflict: Recent Advances, Open Questions and Directions for Future Research’ 5. Solomon William Polachek (1980), ‘Conflict and Trade’ 6. John R. Oneal and Bruce Russett (1999), ‘The Kantian Peace: The Pacific Benefits of Democracy, Interdependence, and International Organizations, 1885–1992’ 7. Mark J. Gasiorowski (1986), ‘Economic Interdependence and International Conflict: Some Cross-National Evidence’ 8. Edward D. Mansfield and Jon C. Pevehouse (2000), ‘Trade Blocs, Trade Flows, and International Conflict’ 9. Erik Gartzke, Quan Li and Charles Boehmer (2001), ‘Investing in the Peace: Economic Interdependence and International Conflict’ PART II TRADE AND INSTITUTIONS 10. Kyle Bagwell, Petros C. Mavroidis and Robert W. Staiger (2002), ‘It’s a Question of Market Access’ 11. Andrew K. Rose (2003), ‘Do We Really Know That the WTO Increases Trade?’ 12. Judith L. Goldstein, Douglas Rivers and Michael Tomz (2007), ‘Institutions in International Relations: Understanding the Effects of the GATT and the WTO on World Trade’ 13. Edward D. Mansfield, Helen V. Milner and B. Peter Rosendorff (2002), ‘Why Democracies Cooperate More: Electoral Control and International Trade Agreements’ 14. Christina L. Davis (2004), ‘International Institutions and Issue Linkage: Building Support for Agricultural Trade Liberalization’ 15. Robert E. Hudec and James D. Southwick (1999), ‘Regionalism and WTO Rules: Problems in the Fine Art of Discriminating Fairly’ 16. Çaglar Özden and Eric Reinhardt (2005), ‘The Perversity of Preferences: GSP and Developing Country Trade Policies, 1976–2000’ 17. Bruce A. Blonigen and Chad P. Bown (2003), ‘Antidumping and Retaliation Threats’ PART III DISPUTE SETTLEMENT 18. Robert E. Hudec (1987), ‘“Transcending the Ostensible”: Some Reflections on the Nature of Litigation between Governments’ 19. B. Peter Rosendorff (2005), ‘Stability and Rigidity: Politics and Design of the WTO’s Dispute Settlement Procedure’ 20. Chad P. Bown (2004), ‘On the Economic Success of GATT/WTO Dispute Settlement’ 21. Marc L. Busch and Eric Reinhardt (2003), ‘Developing Countries and General Agreement on Tariffs and Trade/World Trade Organization Dispute Settlement’ 22. Andrew T. Guzman and Beth A. Simmons (2005), ‘Power Plays and Capacity Constraints: The Selection of Defendants in World Trade Organization Disputes’ 23. James McCall Smith (2003), ‘WTO Dispute Settlement: The Politics of Procedure in Appellate Body Rulings’ 24. Judith Goldstein and Lisa L. Martin (2000), ‘Legalization, Trade Liberalization, and Domestic Politics: A Cautionary Note’ Name Index

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Book SynopsisThe book reveals, for the first time, the origins, growth and complex role of the OECD as it celebrates its fiftieth anniversary, showing how it has adapted - for the most part successfully - to the changing needs of its members, both large and small. Peter Carroll and Aynsley Kellow provide a comprehensive account and analysis of the origins, development and, most intriguingly, the recent reforms that characterise the OECD. They argue that this increasingly complex organisation has fulfilled its design to be an adaptive, learning organisation and explore how the OECD has spread its wings beyond its European and North American roots to become an increasingly influential body in global governance. Topical chapters include the OECD's work on health and the environment, relations with international, intergovernmental organisations, the OECD's structure and also the key processes. This fascinating book will be warmly welcomed by academics, researchers and postgraduate students in a wide range of fields including international relations, international business, political science, public policy and public administration. Public servants in national departments and agencies - particularly those with significant international activities - will also find the book to be of great interest, as will professionals within international organisations such as IMF, World Bank, EU, UN and (of course) the OECD itself.Table of ContentsContents: 1. Introduction 2. The OECD Approaching 50 3. Key Processes: Peer Reviews, Roundtables and Budgets 4. The Origins of the OECD and its Development in the 1960s 5. The Quest for a More Active Role in the 1970s 6. The OECD in the 1980s: Changing Roles and Influence 7. The 1990s: New Challenges 8. A New Century 9. Accession and Policy Transfer 10. The OECD and Civil Society 11. The OECD and International Organisations 12. The OECD and the Environment 13. The Health-related Work of the OECD 14. Conclusion: An Evolving OECD Bibliography Index

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Book SynopsisThis book provides first-hand insights on the modern considerations governing official reserve holdings and investment in different asset classes. Tremendous growth of central bank reserves has led to an increased focus on raising returns in addition to the traditional preference central banks have for maintaining liquid portfolios. Leading experts from central banks, investment banks and the academic community elucidate on this and related issues.The expert contributors adopt a unique approach in their explicit linkage of the increased focus on return by central banks and the implications of new accounting rules (IFRS) for income recognition and profit distribution. They also address the welfare gains and costs of accumulating foreign exchange reserves and the implications for the functioning of the global financial system, as well as: asset and currency diversification changing reserve management practices in the face of steeply growing official reserve holdings new risk management techniques profit distribution agreements. Central Bank Reserve Management will prove a valuable information resource for researchers and academics with an interest in central banking issues and asset management, financial sector, government and central bank officials, and representatives of international financial institutions.Table of ContentsContents: Preface 1. Central Bank Reserve Management: Trends and Issues Age F.P. Bakker and Ingmar R.Y. van Herpt PART I: THE SIZE OF CENTRAL BANK RESERVES 2. Assessing the Benefits and Costs of Official Foreign Exchange Reserves Robert N. McCauley 3. The Politics and Micro-Economics of Global Imbalances Avinash Persaud 4. The Cost–Benefit Approach to Reserve Adequacy: The Case of Chile Esteban Jadresic 5. Foreign Reserve Adequacy from the Asian Perspective Hidehiko Sogano 6. Dealing with Reserve Accumulation: The Case of Korea Heung Sik Choo 7. Reserve Accumulation: A View from the United States Matthew Higgins PART II: RESERVE MANAGEMENT: RETURN VERSUS LIQUIDITY 8. Trends in Reserve Management by Central Banks Jennifer Johnson-Calari, Robert Grava and Adam Kobor 9. Implications of Growing Reserves of Central Banks for Asset Allocation Amy Yip 10. Setting the Strategic Benchmark Duration and Currency Allocation: A Developing Country Case Study Vinod Kumar Sharma 11. Observations on the Return versus Liquidity Debate: The Canadian Perspective Donna Howard 12. A European View on Return versus Liquidity Pentti Hakkaraïnen and Mika Pösö 13. The Composition of Central Bank Reserves: The Market Perspective Joachim Fels 14. Central Bank Risk Management: The Case of the Czech National Bank Ludek Niedermayer 15. Returns from Alpha and Beta: An Equilibrium Approach to Investing Robert Litterman 16. The Conservative Approach to Central Bank Reserve Management Hans-Helmut Kotz and Isabel Strauss-Kahn PART III: IMPLICATIONS FOR CENTRAL BANK BALANCE SHEETS 17. Central Bank Balance Sheets: Comparisons, Trends and Some Thoughts Francesco Papadia and Flemming Würtz 18. Governance Aspects of Central Bank Reserve Management Age F.P. Bakker 19. Too Much of a Good Thing: Reserve Accumulation and Volatility in Central Bank Balance Sheets Hervé Ferhani References Index

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Book SynopsisThe authors of this book argue that in order to meet the challenges of globalisation and promote their own economic welfare, governments need strong policy instruments that will enable them to take up a strategic role in selected policy arenas. They illustrate how this retooling of policymaking requires a rethinking of the form of government intervention and, especially, an emphasis on its modern developmental role.The book begins with chapters exploring theoretical issues such as: economic and political aspects of the state, the impact of government expenditure, the case for and against free trade, and neoclassical and Keynesian approaches to public finance. Succeeding chapters examine fiscal policy, development problems in the European Community, and the success of Japan, South Korea, Taiwan, Singapore and Hong Kong. The final chapters present the Developmental State argument not only as a coherent theory but more importantly as a realistic development policy framework. This will be an important reference text for students and scholars of public sector economics, public finance, East Asian studies, development studies and governance. Policymakers will also find the in-depth discussions a valuable tool.Trade Review'In Modern State Intervention in the Era of Globalisation, one in Edward Elgar's commendable series New Directions in Modern Economics, Nikolaos Karagiannis and Zagros Madjd-Sadjadi contribute handsomely to our understanding of the development of the modern state and its contemporary challenges and dilemmas. . . Karagiannis and Madjd-Sadjadi systematically lay out conceptual definitions, historical patterns and theoretical disputes which show, if nothing else, that the roots of current disagreements lie in the retrievable past and that when those roots are carefully examined, much contemporary squabbling over policies and practices can be contextualized and, in the unlikely event that good will can be found among the contestants, suitably put to rest.' -- Howard A. Doughty, The Innovation Journal'Globalisation has often been seen to spell the end of effective State action to improve economic performance. In this provocative book, Nikolaos Karagiannis and Zagros Madjd-Sadjadi strongly challenge that view, investigate the nature of State activities and use the idea of a developmental state to map out policies which can be effectively used in the present era.' -- Malcolm Sawyer, University of Leeds, UK'Nikolaos Karagiannis and Zagros Madjd-Sadjadi in this very interesting book on the economics of interdependence range widely from agricultural subsidies to comparative advantage, national sovereignty to global cooperation, political democracy to social welfare. Institutionalist and comparative in its economics, open and pragmatic in its recommendations, their book on a new world order is a stimulating reminder that the big issues of culture, intervention, cumulative causation and regional disparities remain as important and as relevant today as they were when Plato, Mun and List made collective action the centrepiece of the science of things.' -- David Reisman, Nanyang Technological University, Singapore and University of Surrey, UK'Modern State Intervention in the Era of Globalisation is a thoughtful and well-researched assessment of the evolving role of the state in the contemporary world economy. This work is provocative because it goes against the predominant arguments in favor of a minimal state, as commonly asserted by neoclassical economics. Instead, Karagiannis and Madjd-Sadjadi think "outside of the box" and produce both theoretical arguments and evidence from important cases such as the EU, Singapore and Hong Kong to support the idea of a viable and continuing role for the "Developmental State". The scholarship underlying this very readable book, which includes contemporary material as well as ancient economic thought, is truly impressive. Readers will be left with much to reconsider about the benefits of globalisation.' -- Patrick James, University of Southern California, USTable of ContentsContents: Preface Introduction Part I: Theoretical Issues 1. Economic and Political Aspects of the State 2. The Role of the State and Government Expenditure 3. Globalisation: Problem or Solution? 4. Why Free Trade isn’t Free – and Shouldn’t Be 5. Public Finance and Taxation Part II: Global Experiences 6. Fiscal Policy and the Case of EC/EU 7. EC/EU Problems and Government 8. The Experience of Japan, South Korea and Taiwan in Retrospect 9. A Tale of Two City-States: Singapore and Hong Kong Part III: Modern Policy 10. The Developmental State View 11. The Developmental State and the EC/EU 12. The Relevance of the Developmental State Today Bibliography Index

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Book SynopsisThis book explores the policy implications of growing pressures for economic adjustment in the agricultural sectors of developed countries. The primary focus is on Europe and North America, but adjustment policies in other developed countries are discussed. Some chapters are based on an international workshop at Imperial College, London in October 2003 and an international symposium in Philadelphia in the spring of 2004.Table of Contents1: Agricultural Adjustment and Policy Reform – Introduction, D Blandford and B Hill 2: Structural Change in European Agriculture, B Hill 3: Structural Change in U.S. Agriculture, J M MacDonald, R Hoppe, and D Banker, Department of Agriculture, Washington, USA 4: Pressures for Adjustment in the Agricultural Sectors of Developed Countries, D Blandford 5: Policy Reform & Adjustment in the European Union: Changes in the Common Agricultural Policy & Enlargement, P Bascou, P Londero & W Münch, Agriculture & Rural Development of the European Commission 6: Policy Reform & US Agricultural Adjustment Capacity, M Burfisher, US Naval Academy, K Hanson, US Department of Agriculture, J Hopkins, US House of Representatives, & A Somwaru, US Dep of Agriculture 7: Agricultural Policy Reform and Adjustment in Australia and New Zealand, D Harris, D N Harris & Associates, Melbourne, Australia, and A Rae, Massey University, New Zealand 8: The Swedish Agricultural Policy Reform of 1990, E Rabinowicz, Swedish University of Agricultural Sciences, Sweden 9: Agricultural Policy Reform and Structural Adjustment in Korea and Japan, H Kim, Seoul National University, Korea, and Y-K Lee, Yeungnam University, Korea 10: Policy Reform and Agricultural Adjustment in Transition Countries, J F M Swinnen, University of Leuven, Belgium 11: The Reform of Grain Transportation Policy and Transformation in Western Canadian Agriculture, D Doan, B Paddock, and J Dyer, Agriculture and Agri-food Canada 12: The U.S. Peanut Quota Buyout: Sectoral Adjustment to Policy Change Under the 2002 Farm Act, E Dohlman, L Hoffman, E Young and W McBride, United States Department of Agriculture, Washington, USA 13: What Affects Farmers’ Ability to Adjust: Evidence from the United States, J Hopkins, M Morehart and J Johnson, Department of Agriculture, Washington, USA 14: Differences in Farm Performance and Adjustment to Change: A Perspective from the Netherlands, K J Poppe and H van Meijl, Agricultural Research Institute (LEI), The Netherlands 15: Policies Affecting Resource Adjustment in Agriculture in the European Union, C Cahill, OECD Directorate for Food, Agriculture and Fisheries, France and B Hill 16: Policy for Agricultural Adjustment in the United States, D Blandford and R N Boisvert, Cornell University, USA 17: Adjustment Policy for Agriculture in Developed Countries, D Blandford and B Hill

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Book SynopsisThe purpose of this book is to analyze the effects of developed countries' agricultural policies on developing countries. The main focus is on food security, poverty and other topics such as multifunctionality, biotechnology and regional agreements, as an input to policy reform within the World Trade Organization (WTO) trade negotiations. The book arises from a joint project between the Food and Resource Economics Institute in Denmark and the International Food Policy Research Institute in Washington.Table of Contents1: Overview, E Diaz-Bonilla, Inter-American Development Bank, USA, S E Frandsen, Food and Resource Economic Institute, Denmark, and S Robinson, University of Sussex Falmer, UK 2: Review of the EU Common Agricultural Policy, S E Frandsen and A Walter-Jørgensen, Food and Resource Economic Institute, Denmark 3: The Common Agricultural Policy in an Enlarged Europe: Bright or Bleak Prospects for Africa, B Gersfelt and H G Jensen, Food and Resource Economic Institute, Denmark 4: U.S. Agricultural Policy: The 2002 Farm Bill and WTO Doha Round Proposals, D Orden, International Food Policy Research Institute, USA 5: The Effects of Domestic Agricultural Reforms and Market Access on Trade and Production in Less Developed Countries, S Robinson and K Thierfelder, US Naval Academy, USA 6: Potential Coalitions and Convergence in the Doha Round, K M Lind, Food and Resource Economic Institute, Denmark, and C Bjørnskov, Aarhus School of Business, Denmark 7: Assessing the Harbinson Draft on Modalities in the WTO Agriculture Negotiations, S E Frandsen, H G Jensen, K M Lind, P P Melgaard, and W Yu, Food and Resource Economic Institute, Denmark 8: Food Security and the World Trade Organization: A Typology of Countries, E Diaz-Bonilla, M Thomas, International Food Policy Research Institute, USA, S Robinson and A Cattaneo, Economic Research Service, USDA, USA 9: A Proposal for Combating Acute Food Shortages Based on Sub-Saharan Africa Needs, K M Lind 10: Thinking Inside the Boxes: Protection in the Development and Food Security Boxes Versus Investments in the Green Box, E Diaz-Bonilla, Z Diao, International Food Policy Research Institute, USA and S Robinson 11: That was then but this is now: Multifunctionality in Industry and Agriculture, E Diaz-Bonilla and J Tin, Washington, USA 12: Trade in Genetically Modified Food: Promises and Pitfalls for the Poor, C P Nielsen, Food and Resource Economic Institute, Denmark and K Theirfelder 13: Is the Everything But Arms Initiative the way to go for Least Developed Countries in the WTO Negotiations, W Yu, and T V Jensen, Ministry of Food, Agriculture and Fisheries, Denmark 14: New Regionalism in the Aftermath of Cancun: To the Benefit or Detriment of Developing Countries, C P Nielsen

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Book SynopsisAgri-food traditional, regional and typical products are an important resource for agricultural and rural development in many areas of the European Union. These Origin Labelled Products (OLPs) activate a complex system of relationships involving the local production and marketing and distribution systems, rural development dynamics and the consumer. Based on research conducted in European countries, this book provides an account of the current state of OLPs, enabling a better understanding of their characteristics and evolution in the agri-food system. It also assesses public policies at various levels and the effects of legal protection, financial support and public promotional initiatives on those involved, and consumers’ and citizens’ concerns and expectations.Table of Contents1: Introduction Part I: Research on Geographical Indications in Europe Chapter 1: Geographical Origin: A Complex Feature of Agro-Food Products Chapter 2: Legal Debates Surrounding Geographical Indications Chapter 3: Current Situation and Potential Development of Geographical Indications if Europe Chapter 4: Geographical Indications: Collective Organisation and Management Chapter 5: Geographical Indications, Consumers and Citizens Chapter 6: Origin Products, Geographical Indications and Rural Development Part II: Global Perspectives on Geographical Indications Chapter 7: Public Policies and Geographical Indications Chapter 8: Globalisation and Geographical Indications Chapter 9: Geographical Indications in the USA Chapter 10: Geographical Indications in Developing Countries I: Epilogue Appendix 1: Case Studies in Europe II: Introduction System I: Cherry of Lari (Italy) System II: L'Étivaz Cheese (Switzerland) System III: Cariñena Wine (Spain) System IV: Roquefort Cheese (France) System V: Salami Tipici Piacentini (Italy) System VI: Beacon Fell Traditional Lancashire Cheese (England) Appendix 2: PGI and PDO System Maps III: PGI Wine IV: PDO Wine V: PGI Foods VI: PDO Foods

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Book SynopsisExplores to what extent Africa's "rise" has impacted on development and whether the BRICS are creating a new version of dependency. Africa is said to be rising, turning a definitive page in its history, heralding new and exciting possibilities for the continent. This discourse maintains that with upsurge in economic growth comes improved governance and endogenous dynamics; that the emerging economies, and especially the BRICS (Brazil, Russia, India, China, South Africa), have been instrumental in diversifying Africa's international relations, perhaps leading to a radical change in theglobal order, favourable to the developing world. But to what extent is this true, and how deep and how broad has been the impact on society at large? This book takes a critical look at the prevalent Africa Rising discourse,and explores the nature and implications of Africa's "rise" and the role that the BRICS have played in it. The author argues that Africa has still to undergo any structural transformation; that there is strong evidence that deindustrialisation and jobless growth have accompanied the upsurge of interest in the continent; and that far from making a radical turn in its developmental trajectory, Africa is being pushed into the resource corner as commodity exporters, to the North (and now, the BRICS) with little scope for industrial progress or skills advancement. Hope that the BRICS might offer an alternative to the extant neoliberal order are misplaced, for the BRICS have a stake in maintaining the current global unequality. Africa must therefore fashion its own independent path - while the emerging economies will be important, relying on external actors may simply reproduce anew the current state of underdevelopment. Ian Taylor is Professor in International Relations and African Politics, University of St Andrews; Chair Professor, Renmin, University of China; Professor Extraordinary, University of Stellenbosch, South Africa; Honorary Professor, Institute of African Studies, Zhejiang Normal University, China; and a Visiting Scholar at Mbarara University of Science and Technology, Uganda.Trade ReviewFor scholars who enjoy the international lens and large-scale statistics to understand the economic health of a region, this book is a respectable addition to that conversation. It is also a refreshing examination and nod to the relevance of the relationships between countries in the global South. * AFRICAN STUDIES QUARTERLY *[A]n extremely detailed, thought-provoking and boldly argued synopsis, a provocative primer for those monitoring these twenty-first century dynamics. * INTERNATIONAL AFFAIRS *Africa Rising? is a fresh and well-argued book on Africa's changing international relations with the leading voices of the Global South. It is fundamental reading for a general public, and a 'must' for those who want to understand Africa's potential future. * JOURNAL OF MODERN AFRICAN STUDIES *For scholars who enjoy the international lens and large-scale statistics to understand the economic health of a region, this book is a respectable addition to that conversation. It is also a refreshing examination and nod to the relevance of the relationships between countries in the global South. * AFRICAN STUDIES QUARTERLY *Table of ContentsThe BRICS and 'Africa Rising' Brazil and Africa Russia and Africa India and Africa China and Africa "Africa Rising": Jobless Growth and Deindustrialisation Diversifying Dependency?

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Book SynopsisA uniquely detailed account of the dynamics of Afro-European trade in two states on the western Slave Coast over three centuries and the transition from slave trade to legitimate commerce. From 1550 to colonial partition in the mid-1880s, trade was key to Afro-European relations on the western Slave Coast (the coastal areas of modern Togo and parts of what are now Ghana and Benin). This book looks at the commercialrelations of two states which played a crucial role in the Atlantic slave trade as well as the trade in ivory and agricultural produce: Hula, known to European traders as Grand Popo (now in Benin) and Ge, known as Little Popo (nowin Togo). Situated between the Gold Coast to the west and the eastern Slave Coast to the east, this region was an important supplier of provisions for Europeans and the enslaved Africans they purchased. Also, due to its positionin the lagoon system, it facilitated communication along the coast between the trading companies' headquarters on the western Gold Coast and their factories on the eastern Slave Coast, particularly at Ouidah, the Slave Coast's major slave port. In the 19th century, when the trade at more established ports was disrupted by the men-of-war of the British anti-slave trade squadron, the western Slave Coast became a hot-spot of illegal slave trading. Providing a detailed reconstruction of political and commercial developments in the western Slave coast, including the transition from the slave trade to legitimate commerce, this book also reveals the region's position in the wider trans-Atlantic trade network and how cross-cultural partnerships were negotiated; the trade's impact on African coastal "middlemen" communities; and the relative importance of local and global factors for the history of a region or community. Silke Strickrodt is Visiting Research Fellow at the Department of African Studies and Anthropology at the University of Birmingham. She is co-editor (with Robin Law and Suzanne Schwarz) of Commercial Agriculture, the Slave Trade and Slavery in Atlantic Africa (James Currey, 2013).Table of ContentsIntroduction The regional setting The Atlantic connection: Little Popo and the rise of Afro-European trade, c.1600 to 1702 The era of the warrior kings, 1702 to 1772 The era of the traders, 1772 to c.1807 Disintegration and reconstitution: political developments, 1820s to 1870s From slaves to palm oil: Afro-European trade, c.1807 to 1870s Epilogue: The colonial partition and its consequences, 1870s to c.1900

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Book SynopsisFills an important gap in the study of Africa's international relations and its engagement with rising economies in the Global South. When Lula da Silva became President of Brazil in 2003 he declared Africa a priority of his country's ambitious global foreign policy. During his presidency, Brazil became one of the key emergent powers in Africa through strengthening political ties, development cooperation and trade with the continent. While, the Dilma and Temer presidencies had other political priorities, strong links with the continent continued to exist. The authors trace the longhistory of Brazil-Africa relations from the early 16th century and the slave trade, through their decline during European colonialism, their resurgence following many African countries' independence, fluctuations during Brazil's military rule in the 1960s and '70s, to the expansion of its interests under Lula and the first years under Dilma. Taking a broad range of perspectives, they examine: the way in which the rights of those of African descent have become increasingly recognized without having brought racial equality; the strengthening of bilateral and multilateral links with the continent and the growth of South-South cooperation; and Brazil-Africa relations in the South Atlantic context. The final chapter looks at the wider implications of the present political and economic crises for Brazil's future foreign policy in Africa, and the likely impact of new president Jair Bolsonaro elected in late 2018. Gerhard Seibert is Lecturer at the Universidade da Integração Internacional da Lusofonia Afro-Brasileira (UNILAB), Brazil; Paulo Fagundes Visentini is Historian and Full Professor of International Relations at the Universidade Federal do Rio Grande do Sul (UFRGS).Trade ReviewThis valuable book, with a blizzard of facts and figures, demonstrates that official Brazilian interest in Africa has been spasmodic, and has not truly represented the fact that at least 51 per cent of the population are of African descent. * THE ROUND TABLE *This book presents important contributions, * African Studies Review *Chronicling six decades of relations between a state actor on one side and a continent on the other is no easy feat, especially in the form of an edited volume of diverse disciplinary backgrounds. Editors Seibert and Visentini step up to the plate in the aptly named Brazil-Africa Relations: Historical Dimensions and Contemporary Engagements, From the 1960s to the Present. Amid the different levels of criticism and depths of analysis in its seven chapters, the book holds an impressive breadth of knowledge. -- Ana Beatriz Ribeiro * Austrian Journal of Development Studies *Table of ContentsIntroduction - Gerhard Seibert Brazil-Africa Relations from the sixteenth to the twentieth century - Gerhard Seibert Brazil-Africa Relations under Globalisation: From Adaption to Consolidation - Paulo Fagundes Visentini The Multilateral and Regional Dimension of Current Brazil-Africa Relations - Paulo Fagundes Visentini Brazil's Development and Financial Cooperation with African Countries - Gerhard Seibert The South Atlantic in the Framework of Brazil-Africa Relations - Analúcia Danilevicz Pereira Africa in Brazil: Slavery, Integration, Exclusion - Antónia Aparecida Quintão Brazil-Africa relations after Lula: Continuity Without Priority - Gerhard Seibert and Paulo Fagundes Visentini Conclusions - Paulo Fagundes Visentini Brazil-Africa Relations: A Chronology Bibliography

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Book SynopsisWhat macroeconomic requirements must Turkey meet in its quest to accede to the European Union? This book, with its distinguished contributors - well-known economists and policymakers - examines and analyses these macroeconomic challenges confronting Turkey. Although the focus is on the specific situation of Turkey, the lessons are informative for other candidate countries and the findings directly relevant to the process of European integration.The book is divided into four parts: fiscal policies and sustainability of public finances monetary policy challenges preconditions for euro adoption sustainable regimes of capital movements. Each topic is studied in two consecutive papers, concentrating first on the challenges faced by the countries of the EU, and then by Turkey. Several papers review the experiences from the previous round of EU accession and the implications of these for Turkey.Macroeconomic Policies for EU Accession will appeal to policymakers, bureaucrats and academics interested in the macroeconomic problems of EU accession and European integration.Table of ContentsContents: Preface Introduction Erdem Başçı, Sübidey Togan and Jürgen von Hagen 1. Opening Remarks Süreyya Serdengeçti and Anne O. Krueger 2. Fiscal Policies and Sustainability of Public Finances in the European Union Jürgen von Hagen Comments Taner M. Yiğit 3. Fiscal Policy Challenges, Sustainability of Public Finances and EU Accession: The Case of Turkey Graham C. Scott Comments Erdem Başçı 4. Monetary Policy in the Euro Area: Lessons from Five Years of the ECB and then Implications for Turkey Fabio Canova and Carlo Favero Comments Hakan Berument 5. Monetary Policy Challenges for Turkey in the European Union Accession Process Fatih Özatay Comments Ricardo Hausmann 6. Monetary and Fiscal Policy in Poland During EU Accession Lucjan T. Orlowski Comments Ali M. Kutan 7. Preconditions for a Successful Euro Adoption Paul De Grauwe Comments Ali Hakan Kara 8. Managing Capital Inflows: Eastern Europe in an Asian Mirror Barry Eichengreen and Omar Choudhry Comments Fatma Taşkın 9. Current Account Sustainability: The Case of Turkey Sübidey Togan and Hasan Ersel Comments Manfred J.M. Neumann 10. Macro Policy Challenges for Turkey: Some Comments Marco Buti, Max Watson, Pierre van der Haegen and Ricardo Hausmann 10.1 Growth and Stability During Convergence: Experiences of EU Member States Marco Buti and Max Watson 10.2 Macroeconomic Challenges for EU Accession: The Case of Turkey Pierre van der Haegen 10.3 Macro Policy Challenges for Turkey: Some Comments Ricardo Hausmann Index

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