Political economy Books
Edward Elgar Publishing Ltd Business Continuity and Homeland Security, Volume
Book SynopsisWhat should businesses consider in preparing for terrorist attacks, natural disasters, pandemic illnesses and other emergencies? What steps can a business take to ensure continuity during and after a crisis? What can we learn from past success?This edited collection provides responses to these and other questions from prominent business executives and academics, drawn from their personal experiences with such crises as the terrorist attacks of 9/11, Hurricane Katrina, and the Asian tsunami. Their analyses prove a major step forward in the emerging academic and professional field of homeland security.In this first volume, The Challenge of the New Age, the contributors- noted authorities in security and risk management, technology, public health, political science and business - look at specific ways disasters can impact businesses, both in the short and long term. They recount their experiences with terrorist attacks and natural disasters, and explore the potential impact of other hazards, such as a biological event or pandemic.Intended for business practitioners, real world operators, students and faculty, government leaders, and their libraries, the book demonstrates with historical examples the connectivity between threats, hazards, policies, jurisdictions, information, technology, leadership, and considerations of profit and loss. Those who want to benefit from best practices while avoiding mistakes of the past will find this an excellent place to start.Contributors: D. Alexander, F. Burton, B. Eggers, E. Gursky, W.I. Hancock, J. Jackson, P.B. Kurtz, P. Leitner, K. Lindsey, D.H. McIntyre, G. McNeal, M. Minor, G. Pellegrino, N. Saiff, G. Selig, K. Senser, C. Shays, G. Williams, D. WyssTrade Review'[T]his volume provides valuable, expert perspective on a wide variety of topics relevant to homeland security research and practice. It will become a go-to reference for consultants working in this area and be of value to students of business administration, resource managers, and senior managers.' --K.J. Constas, Choice'As someone who has been teaching homeland security at the graduate and undergraduate levels since 1999, I find this book perfectly suited as a supplemental reader for homeland security courses, particularly those examining the role of the private sector. The authors of this edited volume are well-recognized in this field - most with decades of related experience. Well-written and concise. Perfect for the busy executive and for the classroom.' --Randall J. Larsen, author, Our Own Worst EnemyTable of ContentsContents: Foreword: The Challenge of the New Age Christopher Shays Preface David H. McIntyre Introduction to Volume 1 PART I: BUSINESS IN DANGEROUS TIMES: THE NEW REALITY 1. Terror and the Economy David Wyss 2. Terrorism: A Short-term Phenomenon? Michael Minor 3. Business Continuity and Enterprise Value Peter Leitner 4. The Legal Impact of Homeland Security on Business Greg McNeal 5. Legal Liability when Businesses are Unprepared for Disasters Kevin Lindsey 6. The Impact of Threats and Catastrophes on Corporate Governance: How to Minimize Disruption, Mitigate the Risks and Manage Business Recovery and Continuity Proactively Gad Selig PART II: REAL DANGERS DEMAND REAL ANSWERS 7. The Threat of Terrorism Fred Burton 8. Transcending the Consequences of Terror on Business Dean Alexander 9. The Impact of Disease and Pandemics on Business Continuity Elin Gursky 10. Telework in the Face of a Pandemic Paul B. Kurtz 11. Immediate Effects of Terrorism on Business Dean Alexander 12. Prospering in the Secure Economy Greg Pellegrino and Bill Eggers PART III: DISASTER STORIES WE CAN LEARN FROM 13. Failure to Communicate: Lesson of 9/11 Geoff Williams 14. A Networked Model for Emergency Planning and Response: The Lessons of Katrina (I) Bill Eggers 15. Wal-Mart Case Study: The Lessons of Katrina (II) Ken Senser and Jason Jackson 16. Doing Business in No Man’s Land: The Lessons of Katrina (III) Geoff Williams Index
£31.95
Edward Elgar Publishing Ltd The Politics of Recession
Book SynopsisThis timely book utilizes the tools of politics, economics and public policy to explore the causes of the recent global financial crisis, which, the author argues, can be explained as the absence of a public interest perspective in policy making. Maurice Mullard points out that recessions are not collective shared experiences. Recessions create winners and losers. Furthermore, recessions are not an external event but reflect the outcomes of the policy process. The author looks beyond economic explanations for the economic crisis, and instead points towards a structural explanation. He explores the concept of social structures, the effects of the relationships between power and influence, and the role of ideology and income inequalities as contributory factors. The commitment to deregulated financial markets created an over the counter derivatives market worth some $640 trillion dollars compared to a global GDP worth $65 trillion dollars. The growth of derivatives markets, the role of credit rating agencies, major shifts in policy making and growing income inequalities are described as major factors explaining the present economic recession. The absence of a public interest perspective, the breakdown of trust in institutions, policy makers dependence on financial contributions, the housing bubble, and the increased concentration of income have distorted the democratic process. Thought provoking and stimulating, this book will provide a fascinating study for students and academics with an interest in politics, economics, political economy and public policy.Table of ContentsContents: Preface 1. Introduction: The Absence of Public Interest 2. Anatomy of Financial Crisis 3. Explanations of the Financial Meltdown and the Present Recession 4. Derivatives and Securities: The Finance Industry 5. Credit Rating Agencies and their Contribution to the Financial Meltdown 6. Possible Keynesian Explanations and Responses 7. Structural Explanation of the Financial Crisis 8. The Politics of Recession: Power and Politics 9. The Politics of the Financial Crisis Inquiry Commission 10. Conclusions: Lessons of the Financial Crisis Index
£33.95
Edward Elgar Publishing Ltd The Elgar Companion to Marxist Economics
Book SynopsisThis Companion takes stock of the trajectory, achievements, shortcomings and prospects of Marxist political economy. It reflects the contributors’ shared commitment to bringing the methods, theories and concepts of Marx himself to bear across a wide range of topics and perspectives, and it provides a testimony to the continuing purpose and vitality of Marxist political economy. As a whole, this volume analyzes Marxist political economy in three areas: the critique of mainstream economics in all of its versions; the critical presence of Marxist political economy within, and its influence upon, each of the social science disciplines; and, cutting across these, the analysis of specific topics that straddle disciplinary boundaries. Some of the contributions offer an exposition of basic concepts, accessible to the general reader, laying out Marx’s own contribution, its significance, and subsequent positions and debates with and within Marxist political economy. The authors offer assessments of historical developments to and within capitalism, and of its current character and prospects. Other chapters adopt a mirror-image approach of pinpointing the conditions of contemporary capitalism as a way of interrogating the continuing salience of Marxist analysis. This volume will inform and inspire a new generation of students and scholars to become familiar with Marxist political economy from an enlightened and unprejudiced position, and to use their knowledge as both a resource and gateway to future study.Trade Review'This will be a valuable resource for scholars, many in fields outside economics, for whom Karl Marx remains such vibrant presence that he is still read and reread in small study groups. It is hard to imagine making any progress in understnading modern capitalise without at least some knowledge of teh basic categories and analytic language provided by Marxian political economy. Space did not permit mention of the many other stimulating chapters in this collection but they convery well that knowledge and language.' -- Thomas R. Michl, Journal of the History of Economic Thought‘This book is a valuable contribution for everyone with an interest in understanding the theory and application of Marxist analysis. It goes well beyond just repeating or explaining what Marx wrote, or even what he had intended. Instead, each of the 61 essays collected in this volume explores a difference subject, some of which, such as Analytical Marxism, neoliberalism, and radical political economy in the USA, only arose long after Marx’s lifetime. . . This book deserves close attention, not just as an academic exercise, but rather as a tool to make sure that Marxist theory again becomes a vital part of wider social, political, and economic discourse, potentially contributing to moving the world a bit closer to Marx’s original vision.’ -- Michael Perelman, Science & Society‘The Elgar Companion to Marxist Economics is an admirable collection which contains 61 short articles on a myriad of themes within Marxist economics, and from a selection of experts in the field. . . . Simon Mohun provides an accurate account of the difference between productive and unproductive labour in Marxist terms, particularly with regard to the non-productive ‘state sector’ and the domestic sphere. Ben Fine provides an excellent account of the Labour theory of value. Tony Smith offers a penetrating critique of the ‘new economy perspective’. Prabhat Patnaik provides a perspicuous and refreshing take on Lenin which reinstates the libertarian aspect of his thought and provides a clarification of his theory of imperialism. Many of the other articles I have failed to reference set an equally high standard.’ -- Tony Mckenna, Marx & PhilosophyTable of ContentsContents: Introduction Ben Fine and Alfredo Saad-Filho 1. Accumulation of Capital Paul Zarembka 2. The Agrarian Question and the Peasantry Terence J. Byres 3. Analytical Marxism Marco Boffo 4. Anthropology Keith Hart 5. Capital Jayati Ghosh 6. Capitalism Ellen Meiksins Wood 7. Centrally Planned Economy Dic Lo and Yu Zhang 8. Class and Class Struggle Utsa Patnaik 9. Classical Political Economy Hugh Goodacre 10. Combined and Uneven Development Sam Ashman 11. Commodification and Commodity Fetishism Robert Albritton 12. Competition Paresh Chattopadhyay 13. Consumerism Paula Cerni 14. Contemporary Capitalism Greg Albo 15. Crisis Theory Simon Clarke 16. Dependency Theory John Weeks 17. Ecology and the Environment Barbara Harriss-White 18. Economic Reproduction and the Circuits of Capital Ben Fine 19. Exploitation and Surplus Value Ben Fine 20. Feminist Economics Radhika Balakrishnan and Savitri Bisnath 21. Feudalism George C. Comninel 22. Finance, Finance Capital and Financialization Thomas Marois 23. Friedrich Engels Paresh Chattopadhyay 24. Geography Erik Swyngedouw 25. Global Commodity Chains and Global Value Chains Susan Newman 26. Globalization and Imperialism Ray Kiely 27. International Political Economy Alejandro Colás 28. Karl Marx Lucia Pradella 29. Knowledge Economy Heesang Jeon 30. Labour, Labour Power and the Division of Labour Bruno Tinel 31. Labour Theory of Value Ben Fine 32. Market Socialism Makoto Itoh 33. Marx and Underdevelopment Mauro Di Meglio and Pietro Masina 34. Marxism and History George C. Comninel 35. Method of Political Economy Branwen Gruffydd Jones 36. Mode of Production Jairus Banaji 37. Money Paulo L. dos Santos 38. Neoliberalism Gérard Duménil and Dominique Lévy 39. Neoclassical Economics Dimitris Milonakis 40. Neo-Ricardianism Sungur Savran 41. New Technology and the ‘New Economy’ Tony Smith 42. Political Science Alison J. Ayers 43. Population and Migration Deborah Johnston 44. Productive and Unproductive Labour Simon Mohun 45. Race Alfred Zack-Williams 46. Radical Political Economy in the USA Al Campbell 47. The Rate of Profit Simon Mohun 48. The Regulation Approach Stavros D. Mavroudeas 49. Rent and Landed Property Erik Swyngedouw 50. The Social Structures of Accumulation Approach Stavros D. Mavroudeas 51. Socialism, Communism and Revolution Al Campbell 52. Sociology Alberto Toscano 53. The State Bob Jessop 54. ‘Transformation Problem’ Alfredo Saad-Filho 55. The Transition from Feudalism to Capitalism David Laibman 56. Transnational Corporations Hugo Radice 57. Unemployment Gary Slater 58. Value-form Approach Samuel Knafo 59. Vladimir I. Lenin Prabhat Patnaik 60. The Welfare State Daniel Ankarloo 61. World Economy Gong Hoe Gimm References Index
£48.40
Edward Elgar Publishing Ltd Neoliberalism: Beyond the Free Market
Book SynopsisIn this timely book, leading scholars of neoliberalism, together with emerging researchers from a range of intellectual traditions, reflect upon the nature of neoliberalism in light of the recent and ongoing global financial crisis. What emerges is an enlightening picture of the diversity of neoliberalism. The complex relationships between theory and practice are highlighted as the contributors recognize the need to move beyond the commonplace notion that neoliberalism is simply a system of free markets. Topical chapters examine the implications of the current crisis for neoliberalism, the likelihood of alternatives and how these might arise. Presenting a range of different theoretical approaches to understanding neoliberalism, this book will appeal to academics in the fields of political economy, political science, public policy, human geography, international studies, sociology and regulation studies. Graduate and senior undergraduate students in these fields will also find much to interest them. Contributors: N. Brenner, D. Cahill, L. Chester, M. Dean, G. Dumenil, B. Dunn, L. Edwards, J.E. King, M. Konings, D. Levy, J. Mikler, J. Paton, J. Peck, B. Spies-Butcher, F. Stilwell, N. Theodore, E. ThurbonTable of ContentsContents: 1. Introduction: Understanding Neoliberalism Beyond the Free Market Lindy Edwards, Damien Cahill and Frank Stilwell PART I: INTERPRETING NEOLIBERALISM 2. Neoliberalism, Interrupted Jamie Peck, Nik Theodore and Neil Brenner 3. The Crisis of Neoliberalism as a Stepwise Process: From the Great Contraction to the Crisis of Sovereign Debts Gérard Duménil and Dominique Lévy 4. Neoliberalism and the State Martijn Konings PART II: EXAMINING (IN)COHERENCE 5. Free Economy, Strong State Mitchell Dean 6. Neoliberalism through the Lens of ‘Embeddedness’ Joy Paton 7. The Embedded Neoliberal Economy Damien Cahill PART III: EXPLORING NEOLIBERAL PRACTICES 8. Still Stalled on the Road to Neoliberal Globalization? The Endurance of National Varieties of Capitalism John Mikler 9. The Australian Variant of Neoliberal Capitalism Lynne Chester 10. Ideas and Industrial Governance: Has the Influence of Neoliberalism been Overstated? Elizabeth Thurbon 11. Markets with Equity? Lessons from Australia’s Third Way Response to Neoliberalism Ben Spies-Butcher PART IV: LOOKING BACK, LOOKING FORWARD 12. The Strange Death of Neoliberalism: The Case of the Missing Corpse Bill Dunn 13. The Future of Neoliberalism John E. King Index
£105.00
Edward Elgar Publishing Ltd Capitalism on Trial: Explorations in the
Book SynopsisThis volume presents a collection of essays honoring Professor Thomas E. Weisskopf, one of the most prominent contributors to the field of radical economics. Beginning his academic career at Harvard before moving to the University of Michigan at Ann Arbor, Professor Weisskopf has spent the past forty years exploring through highly innovative and rigorous research the questions of economic equality, social justice and environmental responsibility. The chapters in this book reflect the main subjects of Professor Weisskopf's work and seek to foster continued innovation in these research areas.The diverse contributions to this volume explore the impressive range of Professor Weisskopf's research themes. These include the economics of developing countries, US imperialism, Marxian crisis theory, contemporary economic history and institutional development, affirmative action policies, and the potential of socialism as an alternative to capitalism for developing non-exploitative societies. In addition to 26 chapters by leading economists, this book also includes a chapter by Professor Weisskopf himself, in which he reflects on his own career in economics as well as the state of the U.S. and global economies. The volume also includes a full bibliography listing Professor Weisskopf's publications. Students, professors and researchers working in any branch of economics will find much of interest in this set of wide-ranging studies building from the themes advanced by Thomas Weisskopf.Contributors include: R. Albelda, M. Ash, S. Bowles, J.K. Boyce, J. Crotty, W. Darity Jr, A. Deshpande, G. Epstein, D. Flaherty, N. Folbre, J. Heintz, S. Khan, K. Knight, D.M. Kotz, H.A. Lee, M. Li, A. MacEwan, E. McCrate, J. Miller, F. Moseley, R. Pollin, M. Reich, E.A. Rosa, J.B. Schor, G.L. Skillman, F. Thompson, M. Weisbrot, T. Weisskopf, J. Wicks-Lim, A. ZimbalistTable of ContentsContents: Introduction Robert Pollin and Jeannette Wicks-Lim PART I: REFLECTIONS ON THOMAS E. WEISSKOPF’S CONTRIBUTIONS TO POLITICAL ECONOMY 1. Three’s a Crowd: My Dinner Party with Karl, Leon, and Maynard Samuel Bowles 2. Theses on Weisskopf Robert Pollin 3. Comment Diane Flaherty PART II: ISSUES IN DEVELOPING ECONOMIES 4. The Military and Economic Development in Pakistan Shahrukh Khan 5. Socialism: The Twentieth Century and the Twenty-first Century Minqi Li 6. Economic Growth: The Great Slowdown (1980–2000) and Recovery (2000–2010) Mark Weisbrot 7. Comment James K. Boyce PART III: POWER DYNAMICS IN CAPITALISM 8. The Wealth–Power Connection Arthur MacEwan 9. The Rise and Decline of Patriarchal Capitalism Nancy Folbre 10. Comment Andrew Zimbalist PART IV: TRENDS IN US LABOR MARKETS 11. The Rising Strength of Management, High Unemployment, and Slow Growth: Revisiting Okun’s Law Michael Reich 12. Reducing Growth to Achieve Environmental Sustainability: The Role of Work Hours Kyle Knight, Eugene A. Rosa and Juliet B. Schor 13. Comment Michael Ash PART V: DISCRIMINATION AND THE ROLE OF AFFIRMATIVE ACTION POLICIES 14. Confronting Those Affirmative Action Grumbles William Darity Jr 15. Screening for Honesty and Motivation in the Workplace: What Can Affirmative Action Do? Elaine McCrate 16. A Stimulus for Affirmative Action? The Impact of the American Recovery and Reinvestment Act on Women and Minority Workers in Construction Jeannette Wicks-Lim 17. Comment Randy Albelda 18. Social Justice through Affirmative Action in India: An Assessment Ashwini Deshpande 19. Comment Hwok Aun Lee PART VI: MACROECONOMIC ISSUES IN THE UNITED STATES 20. How Big is Too Big? On the Social Efficiency of the Financial Sector in the United States Gerald Epstein and James Crotty 21. Unpacking the US Labor Share James Heintz 22. Comment John Miller PART VII: APPLICATIONS OF MARXIST ECONOMIC THEORY 23. Social Structures of Accumulation, the Rate of Profit, and Economic Crises David M. Kotz 24. Exploitation without Subsumption: The Scope and Limits of Proto-Industrial Exploitation Gilbert L. Skillman 25. Morally Arbitrary Economic Advantage Frank Thompson 26. Comment Fred Moseley PART VIII: REFLECTIONS BY THOMAS E. WEISSKOPF 27. Presentation to the Festschrift Conference at the Political Economy Research Institute of the University of Massachusetts Amherst, October 1, 2011 Thomas E. Weisskopf Biography of Thomas Emil Weisskopf Bibliography of the Writings of Thomas Emil Weisskopf Index
£139.00
Edward Elgar Publishing Ltd Research Handbook on Political Economy and Law
Book SynopsisEvents such as the global financial crisis have helped reveal that the drivers and contours of governance on a national and international level remain a mystery in many respects. This is so despite the ever-increasing complexity and sophistication in the management and understanding of economic, legal and political spheres of global society. Set in this context, this timely Research Handbook is the first to explicitly address the constitutive relationship between law and political economy.With scholarly contributions from diverse disciplinary and geographic backgrounds, this authoritative book provides an expansive overview of the legal architecture of the global political economy. It covers, in three parts, topics surrounding money and markets, the relations of organization, and commodities, land and resources.Scholars and policymakers as well as undergraduate and postgraduate law students interested in the intersection of socio-political, economic, and legal dynamics of governance will find this book a thought-provoking and insightful resource.Contributors: A. Andreoni, G. Baars, S. Bailey, B. Bowring, T.A. Canova, D. Danielsen, J. Desautels-Stein, J. Ellis, A. Gupta, F. Guy, A. Hanieh, I. Isailovi , V. Kishore, R. Kreitner, T. Krever, P. Luff, T. Mahmud, B.N. Mamlyuk, M. McCluskey, R. Míguez, C. Mummé, A. Ng Boyte, Ö. Orhangazi, U. Özsu, A. Rasulov, L. Russi, C. Salom o Filho, P. Skott, J. Toporowski, R.A. Woodcock, L.R. WrayTrade Review'Law creates and regulates our political and economic life. If the legal institutions of citizenship and political authority, property and contract, money and credit, or labor and capital were put together differently, our world might be more equal, productive, democratic, sustainable and just. This terrific collection explores how this might be done. Each essay puts law at the center of a story about political economy and asks how things might be otherwise. Original, broad-reaching and imaginative, these essays will change how you think about the world: what seemed natural and inevitable will seem open to rethinking and remaking. An excellent overview of law's role in contemporary political economy by some of the most creative thinkers in the legal academy today.' --David Kennedy, Harvard Law School, USTable of ContentsContents: 1. Introduction John D. Haskell and Ugo Mattei PART I MONEY AND MARKETS 2. Toward a Political Economy of Money Roy Kreitner 3. The Market as a Legal Concept: Classical Liberalism, Modern Liberalism, Pragmatic Liberalism Justin Desautels-Stein 4. The New Global Dis/Order in Central Banking and Public Finance Timothy A. Canova 5. Neoliberalism, Debt and Discipline Tayyab Mahmud 6. Free Trade and Comparative Advantage: A Study in Economic Sleight of Hand Vishaal Kishore 7. Technology, Power and the Political Economy of Inequality Frederick Guy and Peter Skott 8. Finance and the ‘Real’ Economy: Systemic Complexity, Complex Agencies Luigi Russi 9. Financialization and the Non-Financial Corporate Sector Özgür Orhangazi 10. Debt and Financial Stability Jan Toporowski 11. The Law of Value and the Law Bill Bowring 12. Less Markets: A Critical Analysis of Market Existence and Functioning Calixto Salomão Filho PART II THE RELATIONS OF ORGANIZATION: INDUSTRY, LABOR AND THE STATE 13. Beyond Corporate Governance: Why a New Approach to the Study of Corporate Law is Needed to Address Global Inequality and Economic Development Dan Danielsen 14. The Job Guarantee, Full Employment and Human Rights L. Randall Wray 15. Personal Responsibility for Systemic Inequality Martha McCluskey 16. From the ‘Semi-Civilized State’ to the ‘Emerging Market’: Remarks on the International Legal History of the Semi-Periphery Umut Özsu 17. From the Dutch East India Company to the Corporate Bill of Rights: Corporations and International Law Grietje Baars 18. Mapping the Political Economy of Neoliberalism in the Arab World Adam Hanieh 19. Ending Impunity? Eliding Political Economy in International Criminal Law Tor Krever 20. The Political Economy of Court-Based Regulation Patrick Luff, 21. Law and Development: A History in Three Moments Arpita Gupta 22. The Political Economy of Industrial Policy: After the Crisis, Back on the Agenda Antonio Andreoni PART III COMMODITIES, LAND AND RESOURCES 23. The Empty Circularity of Regulatory Takings: The Legacy of a Legal Realist Critique for a 21st-Century Context Akbar Rasulov 24. Property in Labor and the Limits of Contract Claire Mummé 25. Property Issues in the Indigenous Historical Contexts of Republican Latin America Rodrigo Míguez 26. Indigenous Peoples’ Claims and Challenges Over Control of Property Ivana Isailović 27. Early Soviet Property Law in Comparison with Western Legal Traditions Boris N. Mamlyuk 28. The Architecture of Commons Legal Institutions Saki Bailey 29. Political Economy and Environmental Law: A Cost-Benefit Analysis Jaye Ellis 30. The Propertization of Intellectual Property Alina Ng Boyte 31. Property, Efficiency, the Commons, and Theft Ramsi A. Woodcock Index
£232.00
Edward Elgar Publishing Ltd Entrepreneurial Action, Public Policy, and
Book SynopsisThis book addresses the central question in economic development: what institutions are conducive to productive entrepreneurship and wealth creation? By exploring the answer to this question from multiple perspectives, this volume is an invaluable resource both to scholars and policymakers concerned with human well-being.'- Christopher J. Coyne, George Mason University, US'Salvino, Tasto and Randolph have put together an impressive and important collection detailing public policy's influence on entrepreneurial outcomes. This book should be required reading for policy makers, who, let us hope, will heed its lessons well.'- Peter Leeson, George Mason University, USEntrepreneurial Action, Public Policy, and Economic Outcomes examines the economics of entrepreneurship from the perspectives of productive versus unproductive entrepreneurial behavior and the role of institutions in economic outcomes. It seeks to advance the research on institutions by providing a simple framework to analyze the broader, long-term consequences of economic policies.The authors examine the relationship between economic freedom and economic outcomes and summarize empirical evidence and theory. Important topics of public debate are covered, and the economic rules of the game are carefully analyzed for clues to provide a better path toward prosperity. The book provides practical policy solutions that are based on the authors cogent analyses which highlight the importance of institutions for economic outcomes. It also focuses specifically on the impact of public policy and provides concrete examples regarding the role of institutions.Providing a clear summary of the institutions and entrepreneurship research this comprehensive and timely book will be of great interest to anyone involved in public policy. It also offers a practical application for academic research and a rich bibliography of the scholarship and will therefore appeal to both graduate and undergraduate students.Contributors: N.D. Campbell, R.L. Coyne, N. Dutta, B.K. Hobbs, P.T Leeson, D.T. Mitchell, T. Ovaska, G.M. Randolph, T.M. Rogers, S. Roy, R.F. Salvino jr, R.S. Sobel, M. Swaleheen, M.T. Tasto, G.K. TurnbullTrade Review‘This book addresses the central question in economic development: what institutions are conducive to productive entrepreneurship and wealth creation? By exploring the answer to this question from multiple perspectives, this volume is an invaluable resource both to scholars and policymakers concerned with human well-being.’ -- Christopher J. Coyne, George Mason University, US‘Salvino, Tasto and Randolph have put together an impressive and important collection detailing public policy’s influence on entrepreneurial outcomes. This book should be required reading for policy makers, who, let us hope, will heed its lessons well.’ -- Peter Leeson, George Mason University, USTable of ContentsContents: Foreword Preface PART THE RELATIONSHIP BETWEEN INSTITUTIONS AND ENTREPRENEURSHIP 1. Introduction R.F. Salvino Jr. 2. Institutions, Entrepreneurship, and Economic Growth T. Ovaska 3. Economic Freedom, Entrepreneurship, and Growth R.L. Coyne 4. Measures of Entrepreneurship and Institutions: A More Formal Robustness Check N.D. Campbell, D.T. Mitchell and T.M. Rogers 5. Entrepreneurial Starts: Nature or Nurture? B.K. Hobbs and M. Swaleheen 6. Institutions and Entrepreneurial Productivity in the American States G.M. Randolph PART II INSTITUTIONS AND ENTREPRENEURSHIP IN PRACTICE 7. Does the Power to Use Eminent Domain for Economic Development Actually Enhance Economic Development? G.K. Turnbull, R.F. Salvino Jr. and M.T. Tasto 8. Bureaucracy and Business: How Healthcare Policy Guides the Invisible Hand R.F. Salvino Jr. 9. Does Fiscal Decentralization Result in a Better Business Climate? R.S. Sobel, N. Dutta and S. Roy Index
£90.00
Edward Elgar Publishing Ltd Political Governance of Capitalism: A
Book SynopsisThe global financial crisis has uncovered disastrous gaps in the governance of capitalism. This timely book argues for encompassing and intelligent forms of political governance of capitalism to mitigate against the possibility of future global systemic risk. This path-breaking book highlights that systemic risks emerge from a globally operating financial industry that is not only disconnected from the real economy but also allowed to hide in 'shadow banking' practices. Governance based on national regimes fails to cover 'finance-led' global capitalism. The authors argue that the risk of systemic meltdown will reappear unless intelligent governance regimes are installed, combining legally binding rules and civil society pressures to restore the balance between risk-taking and accountability. They illustrate the goal is 'resilient' capitalism in which the rules of the game are set by politics and knowledge-based discourse. Political Governance of Capitalism will prove invaluable for graduate and post-graduate students interested in economy, political science, political economy, globalization, global governance, sociology, and financial sciences.Table of ContentsContents: 1. Exposition – Capitalism as Systemic Risk 2. On the Political Economy of Global Capitalism 3. On Systemic Features and Contradictions of Capitalism 4. On Governance of Capitalism as Global Political Economy 5. On Global Capitalism and the Future of Democracy 6. Outlook – Capitalism in a Global Knowledge Society References Index
£90.00
Edward Elgar Publishing Ltd Deficits, Debt, and Democracy: Wrestling with
Book SynopsisThis timely book reveals that the budget deficits and accumulating debts that plague modern democracies reflect a clash between two rationalities of governance: one of private property and one of common property. The clashing of these rationalities at various places in society creates forms of societal tectonics that play out through budgeting. The book demonstrates that while this clash is an inherent feature of democratic political economy, it can nonetheless be limited through embracing once again a constitution of liberty. Not all commons settings have tragic outcomes, of course, but tragic outcomes loom large in democratic processes because they entail conflict between two very different forms of substantive rationality; the political and market rationalities. These are both orders that contain interactions among participants, but the institutional frameworks that govern those interactions differ, generating democratic budgetary tragedies. Those tragedies, moreover, are inherent in the conflict between the different rationalities and so cannot be eliminated. They can, as this book argues, be reduced by restoring a constitution of liberty in place of the constitution of control that has taken shape throughout the west over the past century. Economists interested in public finance, public policy and political economy along with scholars of political science, public administration, law and political philosophy will find this book intriguing. Contents: Preface 1. Budgeting: The Elusive Quest for Fiscal Responsibility 2. Budgeting and Political Economy: A Theoretical Framework 3. Budget Deficits, Ricardian Equivalence, and Macro-Micro Supervenience 4. Property Rights, Societal Tectonics, and the Fiscal Commons 5. Parliamentary Assemblies as Peculiar Market Bazaars 6. Taxation, Fiscal Politics, and Political Pricing 7. Regulation as Alternative Taxation 8. Public Finance for a Constitution of Liberty Bibliography IndexTrade ReviewDeficits, Debt, and Democracy is an important book which should hopefully shakeup public finance. Wagner's focus on the entanglement of politics and markets and on budgetary outcomes as the products of competition and spontaneous ordering on the fiscal commons is insightful. His framework provides plausible explanations for observed budgetary outcomes (e.g., persistent deficits) and casts serious doubt on continued efforts to correct them. It also injects a welcome degree of complexity to an area which for far too long has been treated as relatively easy to model. As such, it is a welcome addition to the literature, and presents a formidable challenge to those who would espouse the merits and conclusions of more traditional approaches.' --George R. Crowley, Review of Austrian Economics'With Wagner's book, we now have a theoretical ice pick to pierce through the obvious outcomes on the surface to get a glimpse at the processes behind it.' --Wolf von Laer, Journal of the History of Economic Thought'Richard Wagner's Deficits, Debt, and Democracy: Wrestling with Tragedy on the Fiscal Commons is essentially a sequel to his 2007 book, Fiscal Sociology and the Theory of Public Finance. . . Wagner's framework merits wide attention. Specialists in public choice or public nance should put both Deficits, Debt and Democracy and Fiscal Sociology at the top of their reading lists. Wagner's framework could shed light on a great many questions beyond public finance, leading one to hope that this book is but one sequel in an ongoing franchise.' --Adam Martin, Zentralblatt MATHTable of ContentsContents: Preface 1. Budgeting: The Elusive Quest for Fiscal Responsibility 2. Budgeting and Political Economy: A Theoretical Framework 3. Budget Deficits, Ricardian Equivalence, and Macro–Micro Supervenience 4. Property Rights, Societal Tectonics, and the Fiscal Commons 5. Parliamentary Assemblies as Peculiar Market Bazaars 6. Taxation, Fiscal Politics, and Political Pricing 7. Regulation as Alternative Taxation 8. Public Finance for a Constitution of Liberty Bibliography Index
£26.95
Edward Elgar Publishing Ltd The Rule of Law: The Common Sense of Global
Book SynopsisFor too long, the rule of law has been assumed as opposed to rigorously interrogated. Christopher May's excellent study not only draws attention to this oversight, but also lucidly demonstrates how and why the rule of law rule of law has achieved the status of common sense of global politics. For anyone interested in the legalization of global politics as well as its social, political and ideological consequences, this superb book is essential reading.'- Susanne Soederberg, Queen s University, CanadaThis timely book explores the complexities of the rule of law - a well-used but perhaps less well understood term - to explain why it is so often appealed to in discussions of global politics. Ranging from capacity building and the role of the World Bank to the discourse(s) of lawyers and jurisprudential critiques, it seeks to introduce non-lawyers to the important and complex political economy of the rule of law.In accessible terms, Christopher May argues that we can no longer merely use the idea of the rule of law without question but rather must appreciate its multifaceted and contested character if we are to begin to understand how and why it is now seen as a 'good thing' across the political spectrum. He expertly examines the problems encountered by rule of law programes in post-conflict and developing countries, as well as presenting the range of contested meanings of the term. The author also considers the possibility of establishing a pluralistic account of the rule of law and investigates the plausibility of an international rule of law.By building on and extending debates in socio-legal studies about the social role of law, and dealing with issues largely absent from international political economy this book will be of great interest to socio - legal scholars and political economists. It also presents an overarching analysis of the manner in which politics and law interact that will be of great value to political scientists and development economists.Contents: Preface Introduction: The Rule of Law as the Common Sense of Global Politics 1. The Rule of Law as Social Imaginary, A Methodological Interlude: How I Do (Global) Political Economy 2. Defining the Rule of Law, Between Thick and Thin Conceptions 3. The Rule of Law and the Legaliization of Politics 4. Building the Rule of Law With a Political Focus 5. Building the Rule of Law With an Economic Focus 6. Global Constitutionalism. The Rule of Law by Another Name? 7. One Rule of Law or Many? Internal and External Challenges to the Rule of Law 8. Concluding Thoughts Bibliography IndexTrade Review‘For too long, the rule of law has been assumed as opposed to rigorously interrogated. Christopher May’s excellent study not only draws attention to this oversight, but also lucidly demonstrates how and why the rule of law has achieved the status of common sense of global politics. For anyone interested in the legalization of global politics as well as its social, political and ideological consequences, this superb book is essential reading.’ -- Susanne Soederberg, Queen’s University, Canada‘Christopher May’s The Rule of Law is clearly a must for all those interested in legal problems, international political economy, economic development, post-conflict restructuring or, more generally, the role of norms in today’s globalised world. A timely and insightful disruption of the monotony of the rule of law discourse, this book definitely calls into question our supposedly commonsensical assumptions and self-evident practices. It is, therefore, clearly a significant achievement and undoubtedly recommended.’ -- Ignas Kalpokas, LSE Book ReviewTable of ContentsContents: Preface Introduction: The Rule of Law as the Common Sense of Global Politics 1. The Rule of Law as Social Imaginary, A Methodological Interlude: How I Do (Global) Political Economy 2. Defining the Rule of Law, Between Thick and Thin Conceptions 3. The Rule of Law and the Legaliization of Politics 4. Building the Rule of Law With a Political Focus 5. Building the Rule of Law With an Economic Focus 6. Global Constitutionalism. The Rule of Law by Another Name? 7. One Rule of Law or Many? Internal and External Challenges to the Rule of Law 8. Concluding Thoughts Bibliography Index
£100.00
Edward Elgar Publishing Ltd The Economics of Austerity
Book SynopsisThrough her judicious selection of previously published material, Dr Konzelmann investigates the key social, political and financial developments that have shaped the evolution of austerity economics. These include the early classical debates, the politicization of austerity, the Keynesian challenge to existing thought and the revival of pre-Keynesian 'Neo-Liberal' ideas during the 1970s. Discussion of the radical changes to economic thought and policy in the decades before the 2007-8 financial crisis and the key dimensions of the post 2007-8 debate bring the account right up to the present day.The editor's insightful and lucid introduction provides an illuminating guide to this crucial topic. The volume will be an invaluable resource for students and scholars seeking a wider understanding of austerity economics. Table of ContentsContents: Acknowledgements Introduction Suzanne J. Konzelmann PART I THE CLASSICAL DEBATE ABOUT AUSTERITY 1. Bernard Mandeville ([1714, 1732] 1924/1988), ‘The Grumbling Hive or Knaves Turned Honest’ and ‘An Enquiry into the Origin of Moral Virtue’ 2. Isaac De Pinto (1774), ‘New Means of increasing the Sinking Fund of England, and paying off Part of the National Debt’ 3. David Hume ([1742, 1777] 1985), ‘Of Public Credit’ 4. Adam Smith ([1776] 1976), ‘Of publick Debts’ 5. David Ricardo ([1821] 1846), ‘Essay on the Funding System’ 6. John Stuart Mill ([1848] 1965), ‘Of a National Debt’ PART II FROM WARFARE TO WELFARE – THE POLITICIZATION OF AUSTERITY 7. John Ruskin (1862-63), ’Laws and Government: Labour and Riches’ 8. W.H. Beveridge (1931), ‘Conclusion’ 9. J.A. Hobson (1909), ‘Socialism and the Social Income’ 10. C.E. Ayres (1918), ‘The Function and Problems of Economic Theory’ PART III THE BRITISH “TREASURY VIEW”, THE “KEYNESIAN” CHALLENGE AND THE POLITICS OF AUSTERITY 11. R.G. Hawtrey (1925), ‘Public Expenditure and the Demand for Labour’ 12. John Maynard Keynes and Hubert Henderson ([1929] 2012), ‘Can Lloyd George Do It?’ 13. Winston Churchill (1929), ‘Disposal of Surplus’ 14. Paul H. Douglas (1927), ‘The Modern Technique of Mass Production and its Relation to Wages’ 15. David Laidler and Roger Sandilands (2002), ‘Memorandum Prepared by L.B. Currie, P.T. Ellsworth and H.D. White (Cambridge, Mass., January 1932)’ 16. United States Congress, House, Committee on Ways and Means (1932), ‘Memorandum to Hon Samuel B. Pettengill, dated April 26th, 1932’ 17. J.M. Keynes ([1933] 2012), ‘Open Letter to President Roosevelt, New York Times, 31 December 1933’ 18. D.H. Macgregor, A.C. Pigou, J.M. Keynes, Walter Layton, Arthur Salter and J.C. Stamp ([1932] 2012), ‘Letter to the Editor of The Times 17 October 1932’ 19. T.E. Gregory, F.A. Von Hayek, Arnold Plant and Lionel Robbins (1932), ‘Letter to the Editor of The Times, October 19, 1932’ 20. D.H. Macgregor, A.C. Pigou, J.M. Keynes, Walter Layton, Arthur Salter and J.C. Stamp ([1932] 2012), ‘Letter to the Editor of The Times, 21 October 1932’ 21. John Maynard Keynes ([1933] 2012), ‘The Means to Prosperity’, in Elizabeth Johnson and Donald Moggridge (eds), The Collected Writings of John Maynard Keynes. Volume 9: Essays in Persuasion, Cambridge: Cambridge University Press for the Royal Economic Society, 335-6, 338-66 [31] 22. J.M. Keynes ([1937] 2012), ‘“How to Avoid a Slump: I. The Problem of the Steady Level”, The Times, 12 January, 1937’ 23. J.M. Keynes ([1937] 2012), ‘“How to Avoid a Slump: II. “Dear” Money. The Right Time for Austerity”, The Times, 13 January 1937’ 24. J.M. Keynes ([1937] 2012), ‘“How to Avoid a Slump: III. Opportunities of Policy”, The Times. 14 January, 1937’ 25. Abba P. Lerner (1943), ‘Functional Finance and the Federal Debt’ 26. J.K. Galbraith (1939), ‘Fiscal Policy and the Employment-Investment Controversy’ 27. M. Kalecki (1943), ‘Political Aspects of Full Employment’ PART IV NEO-LIBERALISM, DEFICIT GROWTH AND EXPOSURE TO FINANCIAL MARKETS 28. Joan Robinson and Frank Wilkinson (1977), ‘What has become of Employment Policy?’ 29. Nigel Lawson (1984), ‘The British Experiment’ 30. Evelyne Huber, Charles Ragin and John D. Stephens (1993), ‘Social Democracy, Christian Democracy, Constitutional Structure, and the Welfare State’ 31. Paul Pierson (1996), ‘The New Politics of the Welfare State’ 32. Francesco Giavazzi and Marco Pagano (1990), ‘Can Severe Fiscal Contractions Be Expansionary? Tales of Two Small European Countries’ 33. Olivier Jean Blanchard (1990), ‘Comment on Francesco Giavazzi and Marco Pagano, “Can Severe Fiscal Consolidations Be Expansionary? Tales of Two Small European Countries”’ 34. Giuseppe Bertola and Allan Drazen (1993), ‘Trigger Points and Budget Cuts: Explaining the Effects of Fiscal Austerity’ 35. Robert J. Barro (1989), ‘The Ricardian Approach to Budget Deficits’ 36. B. Douglas Bernheim (1989), ‘A Neoclassical Perspective on Budget Deficits’ 37. Robert Eisner (1989), ‘Budget Deficits: Rhetoric and Reality’ 38. Mario Seccareccia (2012), ‘The Role of Public Investment as Principal Macroeconomic Tool to Promote Long-Term Growth: Keynes’s Legacy’ 39. Robert M. Solow (2005), ‘Rethinking Fiscal Policy’ PART V THE ECONOMICS OF AUSTERITY IN THE WAKE OF THE 2007/8 FINANCIAL CRISIS 40. John H. Cochrane (2011), ‘Understanding Policy in the Great Recession: Some Unpleasant Fiscal Arithmetic’ 41. P. Krugman (2012), ‘Austerity is So Wrong!’ 42. Simon Wren-Lewis (2010), ‘Macroeconomic Policy in Light of the Credit Crunch: The Return of Counter-cyclical Fiscal Policy?’ 43. Robert H. Wade and Silla Sigurgeirsdottir (2012), ‘Iceland’s Rise, Fall, Stabilisation and Beyond’ 44. Robert Boyer (2012), ‘The Four Fallacies of Contemporary Austerity Policies: The Lost Keynesian Legacy’ 45. Yiannis Kitromilides (2011), ‘Deficit Reduction, the Age of Austerity, and the Paradox of Insolvency’ 46. International Monetary Fund (2010), ‘Will It Hurt? Macroeconomic Effects of Fiscal Consolidation’ 47. Jeffrey A. Frieden (2009), Global Imbalances, National Rebalancing and the Political Economy of Recovery, Center for Geoeconomic Studies and International Institutions and Global Governance Program Working Paper
£390.00
Edward Elgar Publishing Ltd Globalisation, the Global Financial Crisis and
Book SynopsisThe recent global financial crisis has challenged conventional wisdom, and our conception of globalization has been called into question. This challenging and timely book revisits the relationship between globalization, the crisis and the state from an interdisciplinary perspective, with law, economics and political science underpinning the analysis.The expert contributors consider the Washington Consensus and its aftermath across Australia, China, the EU, New Zealand and South Africa in light of the financial crisis, encompassing public policy issues including banking reform, privatisation and state owned enterprise. The clash between market and state capitalism and the response of market capitalism to the crisis are also explored.This book draws together truly multidisciplinary discussions of the main issues for contemporary society in the face of globalization, and defines how these issues relate to each other. As such, it will prove a stimulating read for academics, researchers, postgraduate students and policymakers with an interest in law, economics and politics.Contributors: M. Ariff, T. Booth, L. Boulle, J. Bröhmer, J. Chen, J.H. Farrar, G.A. Hodge, C.-C. Huang, D.G. Mayes, A. Noon, L. Parsons, M. Regan, C.D. Stoltenberg, S. Watson, M. Wilson, X. YangTable of ContentsContents: 1. Globalisation, the Crisis and the State: Introduction John H. Farrar and David G. Mayes PART I: INTERNATIONAL PERSPECTIVES 2. Modernising the State: The New Zealand Experience Margaret Wilson 3. Rebuilding State Systems Post-GFC: The South African Case Laurence Boulle 4. Chinese Multinationals and the State: An Institutional Perspective Xiaohua Yang and Clyde D. Stoltenberg 5. The EU and the Member States: Germany and Supranationalism in Times of Financial Crises Jürgen Bröhmer PART II: COMMERCIAL PERSPECTIVES 6. Corporatisation in Australia: A Queensland Perspective Tahnee Booth and Adrian Noon 7. Putting ‘Why’ Before ‘How’: Evaluating the Rationales for Partial Privatisation of State-owned Enterprises in New Zealand Chye-Ching Huang, Susan Watson and Jenny Chen 8. Public Project Procurement and the Case for Public–Private Partnerships Michael Regan 9. Rethinking the State through the Lens of Regulatory Governance Graeme A. Hodge 10. Developments in Central Banking After the GFC: Central Banks, the State, Globalisation and the GFC Louise Parsons 11. The Euro Crisis David G. Mayes 12. The Governance and Regulation of Sovereign Wealth Funds and Foreign Exchange Reserves in a Post-GFC World Mohamed Ariff and John H. Farrar Index
£111.00
Edward Elgar Publishing Ltd The Elgar Companion to Public Choice, Second
Book SynopsisThe Elgar Companion to Public Choice, Second Edition brings together leading scholars in the field of political economy to introduce readers to the latest research in public choice.The Companion lays out a comprehensive history of the field and, in five additional parts, it explores public choice contributions to the study of the origins of the state, the organization of political activity, the analysis of decision-making in non-market institutions, the examination of tribal governance, and to modeling and predicting the behavior of international organizations and transnational terrorism.With broad and up-to-date coverage, this second edition will appeal to politicians and policymakers, academics and researchers in public and social choice and political science as well as graduate students in economics, political science and public administration.Contributors include: D.G. Arce M., A. Batinti, F. Bose, G. Brennan, M. Brooks, U. Cantner, R.D. Congleton, C.J. Coyne, N.V. Crain, W.M. Crain, R.B. Ekelund Jr, J.S. Ferris, R.K. Fleck, A. Glazer, A. Hamlin, F.A. Hanssen, A.L. Hillman, R.G. Holcombe, L.W. Kenny, Y. Kim, M.S. Kimenyi, K.M. Larkin-Wong, J.G. Matsusaka, F.S. McChesney, R.R. McGregor, D.C. Mueller, M.C. Munger, F. Padovano, A. Pellillo, R. Pietrantonio, A. Razo, L. Razzolini, M. Reksulak, C.K. Rowley, P.H. Rubin, J.M. Shepherd, W.F. Shughart II, R.S. Sobel, T. Stratmann, O. Taiwo, R.D. Tollison, R. Vaubel, M. WohlgemuthTrade Review‘This is a comprehensive set of essays on myriad facets of public choice by many of the leading contributors in the field. The coverage is excellent and the essays are terrific. I highly recommend this book for researchers and students.’ -- Todd Sandler, University of Texas at Dallas, US‘Co-Editors Michael Reksulak, Laura Razzolini, and William Shughart have assembled a fine extension of the first Elgar Companion to Public Choice that was published in 2003 (Shughart and Razzolini 2003). . . Overall, the 2013 Companion is useful to scholars both as specialists in the specific topics covered and as generalists interested in surveying the field.’ -- Edward J. Lopez, Journal of Public Finance & Public ChoiceTable of ContentsContents: Preface to the Second Edition Preface to the First Edition PART I: THE CHOICE IN PUBLIC CHOICE 1. Individual Choice and Collective Choice: An Overview Michael Reksulak, Laura Razzolini and William F. Shughart II 2. Public Choice: The Origins and Development of a Research Program Charles K. Rowley 3. Political Science and Public Choice Michael C. Munger PART II: THE FRAMEWORK OF GOVERNMENT 4. The Origins of the State Dennis C. Mueller 5. Constitutional Political Economy Alan Hamlin 6. Autocrats and Democrats Armando Razo PART III: SYSTEMS OF COLLECTIVE DECISION-MAKING 7. Expressive Voting Geoffrey Brennan and Michael Brooks 8. Direct Democracy John G. Matsusaka 9. Legislatures Nicole V. Crain and W. Mark Crain 10. Parliaments Fabio Padovano 11. Federal Systems Randall G. Holcombe 12. Tribal Systems Mwangi S. Kimenyi and Olumide Taiwo PART IV: PUBLIC CHOICE ANALYSES OF THE TOOLS OF GOVERNMENT 13. The Politics of Elections and Congressional Oversight Russell S. Sobel and Adam Pellillo 14. Judges: Why do they Matter? Robert K. Fleck and F. Andrew Hanssen 15. Monetary Policy Rob Roy McGregor 16. Fiscal Policy J. Stephen Ferris 17. Regulatory Policy Amihai Glazer 18. The Public Choice Perspective on Antitrust Law Fred S. McChesney and Katherine M. Larkin-Wong PART V: PUBLIC CHOICE PERSPECTIVES ON THE RELATIONS BETWEEN GOVERNMENT AND THE GOVERNED 19. Rent Seeking Arye L. Hillman 20. Campaign Finance Thomas Stratmann 21. Public Choice and the Law Paul H. Rubin and Joanna M. Shepherd 22. Public Choice and the Modern Welfare State Roger D. Congleton with Alberto Batinti, Feler Bose, Youngshin Kim and Rinaldo Pietrantonio 23. Public Choice and Public Education Lawrence W. Kenny 24. Public Choice and Religion Robert B. Ekelund Jr and Robert D. Tollison 25. Experimental Public Choice Laura Razzolini 26. Evolutionary Public Choice Uwe Cantner and Michael Wohlgemuth PART VI: PUBLIC CHOICE PERSPECTIVES ON THE RELATIONS BETWEEN INTERNATIONAL ACTORS 27. International Organizations Roland Vaubel 28. The Political Economy of War and Peace Christopher J. Coyne and Adam Pellillo 29. Collective Action and (Counter) Terrorism Daniel G. Arce M. References Index
£50.30
Edward Elgar Publishing Ltd The Age of Austerity: The Global Financial Crisis
Book SynopsisThis provocative look at the global financial crisis argues that the United States, the European Union and Japan have intentionally and unwittingly adopted wrong-headed economic policies in a futile attempt to deal with sovereign debt resulting from the global financial crisis. It offers persuasive evidence of how the politics of austerity fail to encourage economic recovery, and proposes instead a number of alternative ideas and solutions. The book begins with a detailed breakdown of the financial crisis and the government response in the United States, with particular focus on the Dodd-Frank Wall Street Reform and Consumer Protection Act. The author then puts forth a basic three-part plan calling for (1) fundamental tax and entitlement reform; (2) massive economic stimulus in the form of public and private investment to modernize the country's aging infrastructures; and (3) mortgage relief to revitalize the nation's housing markets. The book concludes with specific policy proposals designed to achieve these goals and return the US economy to a state of full employment and robust economic growth. This timely and insightful volume will appeal to students and scholars of economics, public policy and finance, as well as anyone with an interest in the recent economic history of the United States.Table of ContentsContents: Foreword by Pascal Lamy, Director General of the World Trade Organization Preface 1. An Historic Turning Point 2. The Course of the Crisis 3. Causes 4. Emergency Fiscal and Monetary Measures 5. International Reforms 6. The Regulatory Answer 7. Assaulting Austerity 8. A Reprise of the Argument Index
£90.00
Edward Elgar Publishing Ltd Economic Futures of the West
Book SynopsisThis thought-provoking book considers the global challenges and challengers to the economic supremacy of the West.Jan Winiecki explores the various problems that the West must deal with in order to remain an efficient competitor in the world economy. These, he argues, are primarily consequences of the ever-expanding welfare state; consequences that are not only economic but also socio-psychological and, therefore, political. The author also considers the evolution of Western Europe and the USA from a new perspective, noting the 'Europeanization' of US economic policies and regulation and the 'Americanization' of polices and regulation in some European countries. The book concludes that the main challengers to the West - Brazil, Russia, India and China (the so-called BRIC group of countries) - are unlikely to gain economic supremacy over the West any time soon, given that they have to contend with their own difficulties.Economic Futures of the West will prove a stimulating and challenging read for academics, researchers and students in the fields of economics, heterodox economics and development.Contents: Preface Part I: Global Challenges: Irrelevant? Imaginary? Immaterial? 1. Anti-Globalists - Funny Children of Marx and Coca-Cola 2. World is Running Out of Resources (Once Again...) 3. Climate Alarmists, Climate Skeptics Part II: BRIC Countries and Global Economic Shifts: Projections and Realities 4. The Uneven Quality of the BRIC: Russia and Brazil as the Weaker Half 5. China and India: Competitors for Future Leadership in the Global Economy Part III: West in Decline and Still (Largely) in Denial 6. Global Financial Crisis as an Accelerator of Damaging Long-Term Trends 7. Intra-European Divergences at the Time of Crumbling Welfare State 8. How Much of American Exceptionalism is Still Left in the Europeanized United States? 9. Underpinnings for Scenario Postscript - Back to the Future IndexTable of ContentsContents: Preface: A Few Words About the Book Part I: Global Challenges: Irrelevant? Imaginary? Immaterial? 1. Anti-globalists: Funny Children of Marx and Coca-Cola 2. The World is Running Out of Resources (Once Again) 3. Climate Alarmists, Climate Skeptics and the Politics and Economics of Global Warming Part II: The BRIC Countries and Global Economic Shifts: Projections and Realities 4. The Uneven Quality of the BRIC Countries: Russia and Brazil as the Weaker Half 5. China and India: Competitors for Future Leadership in the Global Economy Part III: The West in Decline – and Still (Largely) in Denial 6. The Global Financial Crisis as an Accelerator of Damaging Long-term Trends 7. Intra-European Divergences at the Time of the Crumbling Welfare State 8. How Much of US Exceptionalism is Still Left in the ‘Europeanized’ USA? 9. Underpinnings for Scenario A Postscript: Back to the Future Index
£84.00
Edward Elgar Publishing Ltd Neoliberalism: Beyond the Free Market
Book SynopsisIn this timely book, leading scholars of neoliberalism, together with emerging researchers from a range of intellectual traditions, reflect upon the nature of neoliberalism in light of the recent and ongoing global financial crisis. What emerges is an enlightening picture of the diversity of neoliberalism. The complex relationships between theory and practice are highlighted as the contributors recognize the need to move beyond the commonplace notion that neoliberalism is simply a system of free markets. Topical chapters examine the implications of the current crisis for neoliberalism, the likelihood of alternatives and how these might arise. Presenting a range of different theoretical approaches to understanding neoliberalism, this book will appeal to academics in the fields of political economy, political science, public policy, human geography, international studies, sociology and regulation studies. Graduate and senior undergraduate students in these fields will also find much to interest them. Contributors: N. Brenner, D. Cahill, L. Chester, M. Dean, G. Dumenil, B. Dunn, L. Edwards, J.E. King, M. Konings, D. Levy, J. Mikler, J. Paton, J. Peck, B. Spies-Butcher, F. Stilwell, N. Theodore, E. ThurbonTable of ContentsContents: 1. Introduction: Understanding Neoliberalism Beyond the Free Market Lindy Edwards, Damien Cahill and Frank Stilwell PART I: INTERPRETING NEOLIBERALISM 2. Neoliberalism, Interrupted Jamie Peck, Nik Theodore and Neil Brenner 3. The Crisis of Neoliberalism as a Stepwise Process: From the Great Contraction to the Crisis of Sovereign Debts Gérard Duménil and Dominique Lévy 4. Neoliberalism and the State Martijn Konings PART II: EXAMINING (IN)COHERENCE 5. Free Economy, Strong State Mitchell Dean 6. Neoliberalism through the Lens of ‘Embeddedness’ Joy Paton 7. The Embedded Neoliberal Economy Damien Cahill PART III: EXPLORING NEOLIBERAL PRACTICES 8. Still Stalled on the Road to Neoliberal Globalization? The Endurance of National Varieties of Capitalism John Mikler 9. The Australian Variant of Neoliberal Capitalism Lynne Chester 10. Ideas and Industrial Governance: Has the Influence of Neoliberalism been Overstated? Elizabeth Thurbon 11. Markets with Equity? Lessons from Australia’s Third Way Response to Neoliberalism Ben Spies-Butcher PART IV: LOOKING BACK, LOOKING FORWARD 12. The Strange Death of Neoliberalism: The Case of the Missing Corpse Bill Dunn 13. The Future of Neoliberalism John E. King Index
£31.30
Edward Elgar Publishing Ltd Economists and the State: What Went Wrong
Book SynopsisThis important book presents a compelling case that traditional received theory (Paretian-utilitarian) has followed a dangerous path one not espoused by Adam Smith and Nobel Laureate James Buchanan. The latter viewed value and preferences as mutable (not 'given') and believed that rights systems must underlie moral law and impartial justice. Men must be 'taken as they are' in this system. Adoption of the Smith-Buchanan paradigm, Professor Roth brilliantly argues, leads to the kind of moral and political philosophy that informs the science of statutes and legislators that underpins our Founding Fathers' republican self-government project.'- Bob Ekelund, Professor and Eminent Scholar in Economics (Emeritus), Auburn University, USEconomists and the State shows how modern economists have strayed far from Adam Smith's procedurally based, consequence-detached political economy. Timothy P. Roth argues that this wrong turn has left economists ill-equipped to address an expanding federal enterprise and new threats to our self-governing republic. He subsequently sets out to offer ways to redress this.Making the case for a return to the moral and political philosophy that informed Adam Smith's 'science of the statesman or legislator,' this book argues that economists must reject their relentlessly utilitarian, teleological theory of the state and embrace Nobel Laureate James M. Buchanan's constitutional political economy project. The author outlines the specific requirements of a non-teleological conception of the state - a conception that is vital to the continuing development of a theory of the state informed by a prior ethical commitment to the moral equivalence of persons.This book will appeal to scholars and students of political economy, political thought, public choice economics and Austrian economics as well as to practitioners and policy-makers interested in how economics should support those serving the public.Contents: Preface 1. The Smithian Inheritance 2. Institutions Matter 3. What Economists Do 4. The Founders' Republican Self-government Project Derailed 5. What Has Been Wrought 6. What Went Wrong 7. What Should Economists Do? References IndexTrade Review‘Author Timothy Roth shows that the federal government is being run in a sinister and criminal manner, not a legal one. This serious book reports on "what went wrong," dishes out some of the blame to the mainstream economics profession, and even provides some possible remedies.’ -- Quarterly Journal of Austrian Economics‘Informative and insightful and deserve attention from scholars in the fields of economic history, philosophy of economics, and public policy’ -- Kevin Schmiesing, History and Philosophy of Economics‘This important book presents a compelling case that traditional received theory (Paretian-utilitarian) has followed a dangerous path – one not espoused by Adam Smith and Nobel Laureate James Buchanan. The latter viewed value and preferences as mutable (not "given") and believed that rights systems must underlie moral law and impartial justice. Men must be "taken as they are" in this system. Adoption of the Smith-Buchanan paradigm, Professor Roth brilliantly argues, leads to the kind of moral and political philosophy that informs the science of statutes and legislators that underpins our Founding Fathers' republican self-government project.’ -- Bob Ekelund, Auburn University, USTable of ContentsContents: Preface 1. The Smithian Inheritance 2. Institutions Matter 3. What Economists Do 4. The Founders’ Republican Self-government Project Derailed 5. What Has Been Wrought 6. What Went Wrong 7. What Should Economists Do? References Index
£83.00
Edward Elgar Publishing Ltd The Rediscovery of Classical Economics:
Book SynopsisThis book puts human beings back at the heart of the economic process. It shows how this classical, human-centred tradition, stretching from Adam Smith onward, gives us a much better understanding of economic events - and what to do about them - than the mechanistic, mathematical models of too many economists and planners today.'- Eamonn Butler, The Adam Smith Institute, UK'David Simpson writes about key economic issues with admirable lucidity. He draws deeply on experience as well as on his knowledge of economic theory.'- Asa BriggsDavid Simpson skilfully argues that a market economy can be best understood as a human complex system, a perspective that represents a continuation of the classical tradition in economic thought. In the classical tradition, growth rather than allocative efficiency is the principal object of enquiry, economic phenomena are recognised to be elements of processes rather than structures, and change is evolutionary.The book shows the common principles that connect the early classical school, the Austrian school and complexity theory in a single line of thought. It goes on to show how these principles can be applied to explain the characteristic features of a market economy - namely incessant change, growth, the business cycle and the market process itself - and argues that static equilibrium theory, whether neoclassical or neo-Keynesian, cannot satisfactorily account for these phenomena.This fascinating book will provide a stimulating read for academics, postgraduate students and all those with an interest in economic theory and economic policy.Contents: Preface 1. Introduction 2. Human Behaviour 3. Qualitative Change and Quantitative Growth 4. Adaptation, Emergence and Evolution 5. Self-organisation and Complexity 6. Markets, Competition and Entrepreneurship 7. Specialisation and Growth 8. Prosperity and Recession 9. Government 10. The Rediscovery of Classical Economics Bibliography IndexTrade ReviewThis is a book you should read. Whether your interest is in economic theory or in its history, you should read this book. . . I cannot emphasise how radical this book is. It introduces you to a way of thinking that has now been all but lost yet is as powerful a lens for understanding an economy as has ever been developed. Moreover, the book is as clear and readable as any book you will have ever held in your hands. It will take you places you may never have been and help you understand issues that remain opaque because of the way in which economic issues are framed today. . . If you would like to have at least a sense of what is missing from economic theory today, other than my own there is no book I could recommend more than this. --Steven Kates, History of Economic Ideas[T]he book is an ambitious attempt to sketch out the narrative on the old (classic) and new view of the 'complex evolving economy'. It is thought provoking and stimulating: well worth a reading. . . the book offers two intertwined narratives, one focused on the interpretation of the long-term history of modern industrialization and contemporary growth, and another on the history of the theory and how it went astray. Both narratives are very knowledgeable and in most instances rather convincing. . . Simpson's essay is well in tune, indeed, with the authentic Smith. --Giovanni Dosi, Journal of Economic LiteratureThe diligent seeker of truth about our current discontents should turn to. . . The Rediscovery of Classical Economics, by David Simpson. . . Its ostensible object is to resurrect what he calls the ''classical tradition'' emanating from Adam Smith and distinguish it not only from Keynesian economics but also from today's mainstream - known to aficionados as the ''neoclassical'' orthodoxy. Without going into academic details, this orthodoxy stands accused of replacing a theory of relative prices (how many loaves will buy a pullover) with a more sophisticated account of economic growth, and of foisting on us a theory of ''rational expectations'' that are anything but rational. --Samuel Brittan, Financial TimesTable of ContentsContents: Preface 1. Introduction 2. Human Behaviour 3. Qualitative Change and Quantitative Growth 4. Adaptation, Emergence and Evolution 5. Self-organisation and Complexity 6. Markets, Competition and Entrepreneurship 7. Specialisation and Growth 8. Prosperity and Recession 9. Government 10. The Rediscovery of Classical Economics Bibliography Index
£90.00
Edward Elgar Publishing Ltd Before and Beyond the Global Economic Crisis:
Book SynopsisThis outstanding book examines whether and how the finance-led growth model can be transformed. The authors' insightful analyses make significant contributions to our understanding of the global economic crisis since 2008 and the search for possible new paths beyond the crisis.'- Stein Kuhnle, University of Bergen, Norway and Hertie School of Governance, Germany'This book sheds a powerful light on the current uncertainty of the world economy. Indispensable reading for understanding the roots of the crisis and the possible ways out.'- Carlota Perez, Technological University of Tallinn, Estonia and London School of Economics, UKThis timely and far-reaching book addresses the long-term impact of the recent global economic crisis. New light is shed on the crisis and its historical roots, and resolutions for a more robust, resilient future socio-economic model are prescribed.Leading experts across a range of field including macroeconomics, politics, economic history, social policy, linguistics and global economic relations address key issues emerging from the crisis. They consider whether a new era in interactions between state, society and markets is actually dawning, and whether the finance-led economic growth model will be transformed into a new and more stable model. The role of the crisis in economy, polity and society, in shaking up existing institutional regimes and in paving the way for new ones is also discussed. Post-crisis combinations of state-society-economy relations are identified, and the question of whether the crisis has led to the reconsideration of economic relations and their institutional embeddedness is explored.This challenging book will provide a thought provoking read for academics, students and researchers focusing on economics, political science and sociology. Policymakers in the fields of economic, industrial and social policy will also find this book to be an informative point of reference.Contributors: R.E. Backhouse, M. Benner, R. Boyer, A.W. Gustafsson, F. Hansen, B. Jessop, L. Jonung, J. Lindvall, Å. Lundqvist, B.-Å. Lundvall, L. Schön, N.-L. Sum, J. SvenssonTrade Review‘This outstanding book examines whether and how the finance-led growth model can be transformed. The authors’ insightful analyses make significant contributions to our understanding of the global economic crisis since 2008 and the search for possible new paths beyond the crisis.’ -- Stein Kuhnle, University of Bergen, Norway and Hertie School of Governance, Germany‘This book sheds a powerful light on the current uncertainty of the world economy. Indispensable reading for understanding the roots of the crisis and the possible ways out.’ -- Carlota Perez, Technological University of Tallinn, Estonia and London School of Economics, UKTable of ContentsContents: Before and Beyond the Global Economic Crisis: An Introduction Mats Benner 1. Crisis, Structural Change and New Conditions for Growth Lennart Schön 2. Responding to Economic Crisis: Macroeconomic Revolutions in the 1930s and 1970s Roger E. Backhouse 3. The Efficient-Markets Hypothesis After the Crisis: A Methodological Analysis of the Evidence Fredrik Hansen 4. Macroeconomics After the Crisis: Bringing Finance Back In Robert Boyer 5. Discursive Strategies in Economic Texts Jan Svensson 6. Regulating the Family in Times of Economic Crisis: Sweden in the 1930s and the 1990s Åsa Lundqvist 7. Economic Crises as Political Opportunities Johannes Lindvall 8. The ‘New New Deal’ as a Response to the Euro-Crisis Bengt-Åke Lundvall 9. A Cultural Political Economy of Crisis Responses: The Turn to ‘BRIC’ and the Case of China Ngai-Ling Sum 10. The Metaphor Challenge of Future Economics: Growth and Sustainable Development in Swedish Media Discourse Anna W. Gustafsson 11. Macroprudential Supervision and Regulation – Lessons for the Next Crisis Lars Jonung 12. Recovered Imaginaries, Imagined Recoveries: A Cultural Political Economy of Crisis Construals and Crisis Management in the North Atlantic Financial Crisis Bob Jessop Index
£109.00
Edward Elgar Publishing Ltd Aging, Economic Growth, and Old-Age Security in
Book SynopsisPopulation aging is perhaps the single biggest economic and social obstacle confronting Asia's future. The region-wide demographic transition towards an older population is fundamentally reshaping the demographic landscape, and is giving rise to two key socio-economic challenges. This timely book provides an in-depth analysis of these challenges and presents concrete policy options for tackling them. First, the expert contributors argue, Asia must find ways to sustain rapid economic growth in the face of less favorable demographics, which implies slower growth of the workforce. Second, they contend, Asia must find ways to deliver affordable, adequate, and sustainable old-age economic security for its growing elderly population. Underpinned by rigorous analysis, a wide range of concrete policy options for sustaining economic growth while delivering economic security for the elderly are then presented. These include Asia-wide policy options - relevant to the entire region - such as building up strong national pension systems, while other policy options are more relevant to sub-groups of countries.This stimulating and informative book will be of great interest to academics, students, and researchers with an interest in Asian studies, economics generally, and, more specifically, public sector economics. Contributors: Q. Chen, K. Eggleston, G. Estrada, L. Ladusingh, M.S. Lai, S.-H. Lee, L. Li, A. Mason, R. Matsukura, M.R. Narayana, N. Ogawa, D. Park, A. Ramayandi, K. Shin, A.-C. TungTrade Review'This book offers very useful and rich analyses and data on past and projected demographic and economic developments in Asian countries and discusses also Asian speci?cities such as the continued high-level of co-habitation of the elderly and its implications. Thus the book, together with two 2011 publications on pen-sions systems and old-age income support by the ADB, offers a comprehensive insight into aging related institutions, economic and social issues and possible solutions in Asia.'--Robert Holzmann, Journal of Pension Economics and FinanceTable of ContentsContents: Foreword Changyong Rhee 1. Overview: Why does Population Aging Matter so Much for Asia? Population Aging, Economic Growth, and Economic Security in Asia Sang-Hyop Lee, Andrew Mason and Donghyun Park 2. Population, Wealth, and Economic Growth in Asia and the Pacific Andrew Mason and Sang-Hyop Lee 3. Impact of Population Aging on Asia’s Future Growth Donghyun Park and Kwanho Shin 4. Population Aging and Aggregate Consumption in Developing Asia Gemma Estrada, Donghyun Park and Arief Ramayandi 5. The Economic Lifecycle and Support Systems in Asia Sang-Hyop Lee and Andrew Mason 6. Demographic Change, Intergenerational Transfers, and the Challenges for Social Protection Systems in the People’s Republic of China Qiulin Chen, Karen Eggleston and Ling Li 7. Demographic Dividends for India: Evidence and Implications Based on National Transfer Accounts Laishram Ladusingh and M.R. Narayana 8. Population Aging, Economic Growth, and Intergenerational Transfers in Japan: How Dire are the Prospects? Naohiro Ogawa, Sang-Hyop Lee, Rikiya Matsukura, An-Chi Tung and Mun Sim Lai 9. Summary of Key Findings and Main Policy Recommendations Donghyun Park Index
£115.00
Edward Elgar Publishing Ltd International Aid and Private Schools for the
Book SynopsisPauline Dixon has intellectual rigour and an openness to new ideas, together with compassion and practicality. A great and unusual combination which I admire enormously.'- Dame Sally Morgan, Adviser to the Board, Absolute Return for Kids and former chief advisor to Tony Blair, UK'This fine book has a powerful message for policymakers and donors: the quality of schools matters even in poor countries; hence, the poor are abandoning failed state schools and enrolling their kids in low cost private schools. Instead of trying to close them down, the state and donors would do well to invest in children (through vouchers and cash transfers) and give parents a choice rather than create more atrocious, monopolistic state schools where teachers are absent and unaccountable.'- Gurcharan Das, commentator and author, India Unbound and former CEO of Proctor and Gamble, Asia'This is a must-read book for anyone interested in the plight of poor children, particularly for those readers concerned with learning about culturally sensitive and proven ways to reach out and help less fortunate children in developing countries. I was fascinated and outraged by the compelling stories and actual data that Dixon shares in this gem of an exposé. Most readers will similarly be shaken and incensed by the failure of billions of dollars spent on state schooling in Africa and India. Dixon makes a compelling case for the value and contributions of low cost private schools in slums and low income areas in developing countries. After reading this book, I am now a believer!'- Steven I. Pfeiffer, Professor, Florida State University, USThis fascinating volume challenges the widely held belief that the state should supply, finance and regulate schooling in developing countries. Using India as an example, Dr. Pauline Dixon examines the ways in which private, for-profit schools might serve as a successful alternative to state-run systems of education in impoverished communities around the world.The book begins with a thorough history of India's government-run schools - based on the traditional British model - which are currently characterized by high levels of waste, inefficiency and subpar student performance. The author goes on to present comprehensive survey and census data, along with analyses of different school management types and their effect on student achievement, teacher attendance and quality of facilities. The book also tackles the problem of inefficient allocation and use of international aid, and offers recommendations on the development of new mechanisms for utilizing aid resources in support of low-cost private schools.This meticulously researched volume will appeal to students and professors of development studies, political economy and international studies. Policymakers and other officials with an interest in educational innovation will also find much of interest in this book.Contents: Preface - A Vignette from Hyderabad Introduction - Never Assume 1. Jumping onto the Galloping Horses - Even in India 2. Hostages to a Fortune? - Schooling and International Aid 3. The Parting of the Veil - Low-Cost Private Schools - The Evidence 4. The Anteroom of Eternity? Gaining Attention from Aid Agencies 5. Only the Closed Mind is Certain Bibliography IndexTrade Review‘This book is a welcome addition to the limited corpus of literature on policy-oriented education research. . . There is no doubt that the author has passion for her subject, which she pursues through an excellent literature survey, the use of printed and published documents, as well as evidence collected through interviews and observations during her visits to India. . . The joy of reading this book is that Dixon is not afraid to put her arguments bluntly. Much more than this, the book is eloquent, engaging and convincing, and her recommendations are solid and professional.’ -- Michael Omolewa, International Journal of Lifelong Learning‘This is a technical study written with passion by an author with a vocation. Unless suppressed by the educational establishment, it will transform its subject.’ -- J.C.D. Clark, Times Literary Supplement (Named as one of the ‘Books of the Year’ by the Times Literary Supplement)‘Dixon's book is a refreshing and inspiring contribution to the debate over how to help the least of these among us. . . That education is the governments job is an article of faith among many. Dixon breathes new life into the case for market-provided education, particularly in very poor countries.’ -- Art Carden, Regulation‘Pauline Dixon has intellectual rigour and an openness to new ideas, together with compassion and practicality. A great and unusual combination which I admire enormously.’ -- Dame Sally Morgan, Adviser to the Board, Absolute Return for Kids and former chief advisor to Tony Blair, UK‘This fine book has a powerful message for policymakers and donors: the quality of schools matters even in poor countries; hence, the poor are abandoning failed state schools and enrolling their kids in low cost private schools. Instead of trying to close them down, the state and donors would do well to invest in children (through vouchers and cash transfers) and give parents a choice rather than create more atrocious, monopolistic state schools where teachers are absent and unaccountable.’ -- Gurcharan Das, commentator and author, India Unbound and former CEO of Proctor and Gamble, Asia‘This is a must-read book for anyone interested in the plight of poor children, particularly for those readers concerned with learning about culturally sensitive and proven ways to reach out and help less fortunate children in developing countries. I was fascinated and outraged by the compelling stories and actual data that Dixon shares in this gem of an exposé. Most readers will similarly be shaken and incensed by the failure of billions of dollars spent on state schooling in Africa and India. Dixon makes a compelling case for the value and contributions of low cost private schools in slums and low income areas in developing countries. After reading this book, I am now a believer!’ -- Steven I. Pfeiffer, Professor, Florida State University, USTable of ContentsContents: Preface – A Vignette from Hyderabad Introduction – Never Assume 1. Jumping onto the Galloping Horses – Even in India 2. Hostages to a Fortune? – Schooling and International Aid 3. The Parting of the Veil – Low-Cost Private Schools – The Evidence 4. The Anteroom of Eternity? Gaining Attention from Aid Agencies 5. Only the Closed Mind is Certain Bibliography Index
£94.00
Edward Elgar Publishing Ltd State Capitalism
Book SynopsisState Capitalism offers an illuminating guide to the debate about contemporary state capitalism: does it simply use different tools from other variants of capitalism, or is it an altogether new kind of economic regime? Barbara Krug, a leading expert in this field, sets out to define the concept of contemporary state capitalism as an economic model and presents a nuanced view of state capitalism in action. She points the way to new areas for further study and analysis.Table of ContentsVolume I Contents: Acknowledgements Introduction Barbara Krug PART I STATE CAPITALISM AND ECONOMIC REGIMES: DEBATES AND APPROACHES A The Beginning of the Debate 1. Ian Bremmer (2009), ‘State Capitalism Comes of Age: The End of the Free Market?’ 2. Henrique Schneider (2012), ‘State-capitalism and Globalization – A Challenge to Whom?’ 3. Paul Dragos Aligica and Vlad Tarko (2012), ‘State Capitalism and the Rent-seeking Conjecture’ B State Capitalism in Earlier Studies 4. Alex Dupuy and Barry Truchil (1979), ‘Problems in the Theory of State Capitalism’ 5. James Petras (1977), ‘State Capitalism and the Third World’ 6. Theda Skocpol and Kenneth Finegold (1982), ‘State Capacity and Economic Intervention in the Early New Deal’ 7. Ben Turok (1980), ‘Zambia’s System of State Capitalism’ 8. Markus Jäntti, Juho Saari and Juhana Vartiainen (2006), ‘Growth and Equity in Finland’ 9. Karen Farsoun (1975), ‘State Capitalism in Algeria’ C Political Science Approaches 10. Larry Diamond (2002), ‘Thinking about Hybrid Regimes’ 11. Raymond D. Duvall and John R. Freeman (1981), ‘The State and Dependent Capitalism’ 12. Beatriz Magaloni (2008), ‘Credible Power-Sharing and the Longevity of Authoritarian Rule’ 13. Andrew J. Nathan (2003), ‘Authoritarian Resilience’ D New Institutional Economics 14. Douglass C. North (1991), ‘Institutions’ 15. Douglass C. North (1993), ‘The New Institutional Economics and Development’ 16. Oliver E. Williamson (1991), ‘Economic Institutions: Spontaneous and Intentional Governance’ 17. Victor Nee (2000), ‘The Role of the State in Making a Market Economy’ 18. Andrei Shleifer and Robert W. Vishny (1994), ‘The Politics of Market Socialism’ E Varieties of Capitalism 19. Peter A. Hall and Daniel W. Gingerich (2009), ‘Varieties of Capitalism and Institutional Complementarities in the Political Economy: An Empirical Analysis’ 20. Colin Crouch (2005), ‘Models of Capitalism’ 21. Richard Whitley (2007), ‘The Contingent Nature of National Business Systems: Types of States and Complementary Institutions’ 22. Bruno Amable (2000), ‘Institutional Complementarity and Diversity of Social Systems of Innovation and Production’ PART II DIFFERENCES IN STATE CAPITALISM: THE ROLE OF THE STATE IN THE ASIAN BUSINESS SYSTEM 23. Michael Carney, Eric Gedajlovic and Xiaohua Yang (2009), ‘Varieties of Asian Capitalism: Toward an Institutional Theory of Asian Enterprise’ 24. Gary G. Hamilton and Nicole Woolsey Biggart (1988), ‘Market, Culture, and Authority: A Comparative Analysis of Management and Organization in the Far East’ 25. John Shuhe Li (2003), ‘Relation-based versus Rule-based Governance: An Explanation of the East Asian Miracle and Asian Crisis’ 26. Paul W. Kuznets (1988), ‘An East Asian Model of Economic Development: Japan, Taiwan, and South Korea’ 27. Robert Wade (1993), ‘Managing Trade: Taiwan and South Korea as Challenges to Economics and Political Science’ 28. Chung H. Lee (1992), ‘The Government, Financial System, and Large Private Enterprises in the Economic Development of South Korea’ 29. W.G. Huff (1995), ‘The Developmental State, Government, and Singapore’s Economic Development since 1960’ 30. Natasha Hamilton-Hart (2000), ‘The Singapore State Revisited’ 31. Masahiko Aoki (2013), ‘Historical Sources of Institutional Trajectories in Economic Development: China, Japan and Korea Compared’ Index Volume II Contents: Acknowledgements An introduction to both volumes by the editor appears in Volume I PART I DIFFERENCES IN STATE CAPITALISM: THE ROLE OF THE STATE IN TRANSITION ECONOMIES 1. Gérard Roland (2002), ‘The Political Economy of Transition’ 2. Timothy Frye and Andrei Shleifer (1997), ‘The Invisible Hand and the Grabbing Hand’ 3. David Lipton and Jeffrey Sachs (1990), ‘Creating a Market Economy in Eastern Europe: The Case of Poland’ 4. Richard Whitley and Laszlo Czaban (1998), ‘Institutional Transformation and Enterprise Change in an Emergent Capitalist Economy: The Case of Hungary’ PART II DIFFERENCES IN STATE CAPITALISM: THE ROLE OF THE STATE IN RENTIER STATES 5. Jonathan Isham, Michael Woolcock, Lant Pritchett and Gwen Busby (2005), ‘The Varieties of Resource Experience: Natural Resource Export Structures and the Political Economy of Economic Growth’ 6. Matthew Gray (2011), ‘A Theory of “Late Rentierism” in the Arab States of the Gulf’ 7. Rolf Schwarz (2008), ‘The Political Economy of State-Formation in the Arab Middle East: Rentier States, Economic Reform, and Democratization’ 8. H. Mahdavy (1970), ‘The Patterns and Problems of Economic Development in Rentier States: The Case of Iran’ 9. Ümit Cizre-Sakallhoglu and Erinç Yeldan (2000), ‘Politics, Society and Financial Liberalization: Turkey in the 1990s’ 10. Roy Karadag (2010), ‘Neoliberal Restructuring in Turkey: From State to Oligarchic Capitalism’ PART III DIFFERENCES IN STATE CAPITALISM: SELF-ORGANIZATION AND PRIVATE ACTION A Capitalism from Below 11. Victor Nee and Sonja Opper (2012), ‘Entrepreneurs and Institutional Innovation’ 12. Simon Johnson, Daniel Kaufmann and Andrei Shleifer (1997), ‘The Unofficial Economy in Transition’ 13. Michael L. Katz and Carl Shapiro (1994), ‘Systems Competition and Network Effects’ 14. Barbara Krug and Hans Hendrischke (2012), ‘Market Design in Chinese Market Places’ 15. Barbara Krug (2012), ‘Political Embeddedness in China: Strengths and Limitations’ B Rent-seeking 16. Joel S. Hellmann, Geraint Jones and Daniel Kaufmann (2003), ‘Seize the State, Seize the Day: State Capture and Influence in Transition Economies’ 17. Joel S. Hellmann (1998), ‘Winners Take All: The Politics of Partial Reform in Postcommunist Transitions’ C Elite Studies 18. Andrew G. Walder (2003), ‘Elite Opportunity in Transitional Economies’ 19. Nan Lin (2011), ‘Capitalism in China: A Centrally Managed Capitalism (CMC) and Its Future’ 20. Heinrich Best (2005), ‘Stabilizing Democracy in Eastern Europe under the Condition of Highly Volatile Political Elites’ 21. David Stark (1996), ‘Recombinant Property in East European Capitalism’ D Firms and Politics 22. Asim Ijaz Khwaja and Atif Mian (2005), ‘Do Lenders Favor Politically Connected Firms? Rent Provision in an Emerging Financial Market’ 23. Mike W. Peng (2003), ‘Institutional Transitions and Strategic Choices’ 24. Jay Pil Choi and Marcel Thum (2009), ‘The Economics of Politically-connected Firms’ 25. Mara Faccio (2006), ‘Politically Connected Firms’ 26. Andrei Shleifer and Robert W. Vishny (1994), ‘Politicians and Firms’ 27. Robert E. Hoskisson, Mike Wright, Igor Filatotchev and Mike W. Peng (2013), ‘Emerging Multinationals from Mid-Range Economies: The Influence of Institutions and Factor Markets’ 28. John Child and Suzana B. Rodrigues (2011), ‘How Organizations Engage with External Complexity: A Political Action Perspective’ Index
£727.00
Edward Elgar Publishing Ltd Handbook of the International Political Economy
Book SynopsisThis extensive collection, skillfully edited by David Deese, provides a comprehensive overview of the politics of international trade in the contemporary era. Bringing together an unusually diverse group of scholars from multiple disciplines, approaches, and countries, the volume examines trade both on its own terms and in relation to a host of other topics, including human rights, the environment, the internet, and more. Essential reading for experts and students alike.'- David A. Lake, University of California, San Diego, US'Since the global financial crisis, policymakers and researchers need to revisit the fundamentals of global governance. The Handbook of the International Political Economy of Trade tightly edited by David Deese is an indispensable roadmap and guide to the rapidly evolving multilateral system of trade its institutions, processes, regulatory rules and trade politics. In particular students will find the diversity of perspectives and approaches of the contributors essential to grasp the dynamics of the world trading order being reshaped by regional trade agreements, the rise of emerging market economies, global value chains and new trade strategies. The Handbook is packed with information, analytical insight and case studies from an international political economy perspective. It makes for essential reading about the interface between trade, global governance and domestic politics.'- Daniel Drache, Robarts Centre for Canadian Studies, York University, Toronto, Canada'The less the World Trade Organization can deliver, the more national governments engage in bilateral and regional trade agreement, and thus encompassing negotiations of trade deals have become prominent in the last couple of years. Trade policies today are not so much about tariffs any longer than they are about market access, intellectual property rights, foreign direct investment rules, and regulatory practices. This volume, edited by David Deese, is timely, and covers exactly such relevant areas of trade policy. Students and practitioners alike will benefit from the deep analytical insights.'- Kurt Huebner, Jean Monnet Chair for European Integration and Global Political Economy, The University of British Columbia, CanadaIntegrating work from the fields of political science, economics, law and policy the Handbook of The International Political Economy of Trade is a fresh perspective on the fundamental political causes and consequences of trade.Under the guidance of David Deese, a prestigious group of international authors address the most important and promising research questions underlying international trade policy today including:- Trade as an 'Engine' of integration, growth or inequality?- Domestic politics, development strategy and democracy- Regions and regionalism in the lead- The global governance of trade: who's accountable and who governs?- Trade as globalization- The future of tradeThis accessible, comprehensive and pertinent Handbook will be of interest to academics, researchers and students working in the fields of international politics, in particular political economy and foreign policy, and the economics of trade. Practitioners working in civil society trade organizations, government agencies, and intergovernmental organizations will also find much of interest.Contributors: S.A. Aaronson, M. Abdollahian, A. Afilalo, G. Anderson, C. Bliss, D.A. Deese, D. Elms, M.D. Froese, M. Garcia, K.J. Hancock, R.R. Hendrickson, B. Hoekman, W. Liang, M.A. Madeira, R. Maxim, C. May, E. Mitbrodt, A. Nölke, E. Postnikov, J.M. Rothgeb, Jr., E. Smythe, A. Tomashevskiy, J.P. Trachtman, S. Trommer, G. Villalta Puig, Z. Yang, L. ZarskyTrade Review‘This extensive collection, skillfully edited by David Deese, provides a comprehensive overview of the politics of international trade in the contemporary era. Bringing together an unusually diverse group of scholars from multiple disciplines, approaches, and countries, the volume examines trade both on its own terms and in relation to a host of other topics, including human rights, the environment, the internet, and more. Essential reading for experts and students alike.’ -- David A. Lake, University of California, San Diego, US‘Since the global financial crisis, policymakers and researchers need to revisit the fundamentals of global governance. The Handbook of the International Political Economy of Trade tightly edited by David Deese is an indispensable roadmap and guide to the rapidly evolving multilateral system of trade – its institutions, processes, regulatory rules and trade politics. In particular students will find the diversity of perspectives and approaches of the contributors essential to grasp the dynamics of the world trading order being reshaped by regional trade agreements, the rise of emerging market economies, global value chains and new trade strategies. The Handbook is packed with information, analytical insight and case studies from an international political economy perspective. It makes for essential reading about the interface between trade, global governance and domestic politics.’ -- Daniel Drache, Robarts Centre for Canadian Studies, York University, Toronto, Canada'The less the World Trade Organization can deliver, the more national governments engage in bilateral and regional trade agreement, and thus encompassing negotiations of trade deals have become prominent in the last couple of years. Trade policies today are not so much about tariffs any longer than they are about market access, intellectual property rights, foreign direct investment rules, and regulatory practices. This volume, edited by David Deese, is timely, and covers exactly such relevant areas of trade policy. Students and practitioners alike will benefit from the deep analytical insights.' -- Kurt Huebner, Jean Monnet Chair for European Integration and Global Political Economy, The University of British Columbia, CanadaTable of Contents1. Introduction: Politics, Trade and the International Political Economy David A. Deese PART I: TRADE AS AN “ENGINE” OF INTEGRATION, GROWTH, OR INEQUALITY? 2. Commerce as Communication: Montesquieu’s View Randal R. Hendrickson 3. Trade, Development, and Inequality Christopher Bliss 4. Trade Networks, Regional Agreements, and Growth Zining Yang and Mark Abdollahian PART II: DOMESTIC POLITICS, DEVELOPMENT STRATEGY AND DEMOCRACY 5. The New Politics of the New Trade: The Political Economy of Intra-Industry Trade Mary Anne Madeira 6. From “Investor Rights” to “Sustainable Development”? Challenges and Innovations in International Investment Rules Lyuba Zarsky 7. Developing Countries and Temporary Trade Barriers John M. Rothgeb, Jr 8. Agricultural Trade and Economic Development: Contradictions and Incongruities between Law and Policy Gonzalo Villalta Puig and Erik Mitbrodt 9. Democracy and Trade: Which Leads and How? Andrey Tomashevskiy PART III: REGIONS AND REGIONALISM IN THE LEAD 10. Regionalism’s Past, Present, and Future Greg Anderson 11. Governing Trade: Regional Leadership in the Asia Pacific Deborah Elms 12. African Regionalism: The Complex Role of Regional Trade Kathleen J. Hancock 13. Multilateral Institutions and African Economic Integration Bernard Hoekman 14. The EU, China and Trade in ‘Green’ Technologies: Cooperation and Conflict Maria Garcia PART IV: The Global Governance of Trade: Whose Accountable and Who Governs? 15. Trade Policy Review and Dispute Settlement at the WTO Marc D. Froese 16. Looking Back, Looking Forward: Multilateral and Regional Trade Governance Wei Liang 17. Rotating Checks and Balances in International Economic Law Ari Afilalo PART V: Trade as Globalization 18. Using Ideas Strategically: Non-State Actors and the Politics of Trade Silke Trommer 19. Capitalism in Large Emerging Economies and the New Global Trade Order Christian May and Andreas Nölke 20. Food is Different: Globalization, Trade Regimes and Local Food Movements Elizabeth Smythe 21. The Political Economy of International Migration Law Joel P. Trachtman PART VI: THE FUTURE OF TRADE 22. The Design of Social Standards in EU and US Preferential Trade Agreements Evgeny Postnikov 23. Trade and the Internet: Policies in the US, EU, and Canada Susan Ariel Aaronson and Rob Maxim Index
£218.00
Edward Elgar Publishing Ltd Participation and Interaction in Foresight:
Book SynopsisThe ten national foresight case studies presented, covering a wide-ranging set of themes (research, science and technology, education and training and the environment) and countries, help to underline the practical aspects of using dialogue and participation effectively in foresight exercises. The book is particularly useful in defining the concept of dialogue, debate, interaction and participation and in outlining a range of uses in different foresight contexts. This book constitutes an important contribution to the futures field and will prove an inspiration to those embarking on foresight exercises and similar open, participatory forward-looking processes.'- Jennifer Cassingena Harper, Malta Council for Science and TechnologyThis illuminating book combines theory and practice to analyze the experiences and impacts of foresight activities in various European countries. It includes case studies with a focus on different societal issues including national development, science and technology, and sustainable development.The contributors expertly describe and analyze foresight projects carried out in countries at various stages of economic development including mature market economies, transition economies and young democracies. The theoretical chapters on stakeholder participation, negotiation and dialogue, learning, and visioning are useful in the planning and analyses of foresight activities. The case study chapters explicitly demonstrate how the societal context can influence the planning and impact of foresight policy.Scholars of foresight and technology assessment will find plenty of information in this invaluable book. It will also prove essential for Masters courses on foresight or future studies, and public policy courses with a focus on future policy and planning.Contributors: A. Alvarenga, K. Borch, P. De Smedt, S.M. Dingli, E. Göll, L. Groff, É. Hideg, T. Kristóf, C. Kroeze, F. Mérida, E. Nemcová, E. Nováky, L.A. Pace, O. Saritas, M. Søgaard Jørgensen, S.I.P. StalpersTrade Review‘The ten national foresight case studies presented, covering a wide-ranging set of themes (research, science and technology, education and training and the environment) and countries, help to underline the practical aspects of using dialogue and participation effectively in foresight exercises. The book is particularly useful in defining the concept of dialogue, debate, interaction and participation and in outlining a range of uses in different foresight contexts. This book constitutes an important contribution to the futures field and will prove an inspiration to those embarking on foresight exercises and similar open, participatory forward-looking processes.’ -- Jennifer Cassingena Harper, Malta Council for Science and TechnologyTable of ContentsContents: PART I: INTRODUCTION 1. The Role of Interaction in Foresight Kristian Borch PART II: THEORETICAL CONSIDERATIONS 2. Interactions Between Foresight and Decision-Making Peter De Smedt 3. Stakeholder Participation and Dialogue in Foresight Ozcan Saritas, Lisa A. Pace and Serge I.P. Stalpers 4. Learning Theory in Foresight Tamás Kristóf 5. Dialogue in Foresight: Consensus, Conflict and Negotiation Kristian Borch and Fredesvinda Mérida 6. Dialogue as a Tool of Foresight with Insights on the Dialogue of Cultures and Civilizations Linda Groff 7. Visions and Visioning in Foresight Activities Michael Søgaard Jørgensen 8. The Dissemination and Implementations of Results of Forecast Activities Sandra M. Dingli PART III: CASE STUDIES 9. Dialogues in the COOL Project Serge I.P. Stalpers and Carolien Kroeze 10. The Analysis of the UK Technology Foresight Programme from the Dialogue, Vision and Dissemination Perspectives Ozcan Saritas 11. Dialogues on Air Pollution: An Asian Example Carolien Kroeze and Serge I.P. Stalpers 12. Hungarian Educational Foresight: ‘Vocational Training and Future’ Éva Hideg, Erzsébet Nováky and Tamás Kristóf 13. Foresight as a Tool of Policy Formulation: The Slovak Foresight Exercise Edita Nemcová 14. CASE DENMARK: Green Technology Foresight, Phase 1 Michael Søgaard Jørgensen 15. The Danish Technology Foresight on Environmentally Friendly Agriculture Kristian Borch 16. Strategic Planning for the Future: Malta’s eFORESEE Experience Lisa A. Pace 17. Futur – the Research Dialogue in Germany Edgar Göll 18. Analysis of the Foresight Components of the Portuguese Economic and Social Development Plan 2000–2006 (PNDES 2000–2006) António Alvarenga PART IV: CROSS-CUTTING CONCLUSIONS 19. Foresight as Governance of Science, Technology and Society: Cross-Cutting Conclusions Michael Søgaard Jørgensen Index
£121.00
Edward Elgar Publishing Ltd Capitalism and Democracy: A Fragile Alliance
Book SynopsisThis is a well-structured book on a complex question that has been relevant for centuries leading up to the actual crisis in the EU and the international financial markets. The book offers a rich picture of empirics, and discusses, explains and criticizes a number of classical theories in the field (Marx, Schumpeter, Polanyi), as well as modern theories (Greif, North et al., Acemoglu, Perez and others). The familiar topics of property rights, technological development and long waves are presented in an illuminating way, whereas a number of new topics including open and limited access societies, hyper globalization, and the European Union are viewed in a broad perspective of 'political economy' and 'institutional economics'. The limitations of neoclassical economics are well presented as are the benefits (and costs) of political economy.'- John Groenewegen, Delft University of Technology, the Netherlands'This book is a very coherent and up-to-date work. It presents a clear and sophisticated view on the role of economic institutions and aspects of political economy in the process of modern economic growth. The author demonstrates significant originality in combining insights from different sub-fields to successfully understand economic growth and the distribution of income in the economy. It will be a rich source of ideas for anyone interested in how the modern world, and various countries and regions in particular, attained high levels of economic welfare.'- Sjak Smulders, Tilburg University, the NetherlandsCapitalism is driven by technological revolutions, leading to alternating periods of regulation and deregulation in leading economies. Technologically backward countries face a different situation as they have to catch up with the leaders. Against this backdrop, Theo van de Klundert examines the relationship between capitalism and democracy, combining economic theory and historical description to analyse long-run economic development. Emphasis is placed on the interrelation between economic and political power, and a robust state-of-the-art overview of today's political economy is presented.The author addresses two fundamental questions raised in the analysis of the relationship between capitalism and democracy. Firstly, he explores why capitalism in leading economies is characterized by alternating periods of regulation and deregulation, and secondly, whether developing countries can opt for different types of capitalism once the potential for catching up with developed countries has expired. The consequences of a shift in the balance of power in the global economy are also considered in detail.Broad in scope and employing various methodological approaches, this book will prove a fascinating read for academics, students and researchers in the fields of economics and heterodox economics.Contents: Preface Introduction Part I: Economic Theory in a Historical Perspective 1. Emerging Markets 2. Political Economy Revisited 3. Engines of Growth 4. Follow the Leader Part II: Historical Developments in a Theoretical Perspective 5. The Long Wave 6. A Tale of Two Continents 7. The World Economy at Large 8. Democracy at Bay References IndexTrade Review‘. . . provides an analytical history and overview the interdependent and fluctuating interplay between economics and politics in established and developing nations. A masterpiece of seminal scholarship, informed and informative, Capitalism and Democracy: A Fragile Alliance is strongly recommended reading and a core addition to academic library International Economics and Political Science Studies reference collections.’ -- The Midwest Book Review‘This is a well-structured book on a complex question that has been relevant for centuries leading up to the actual crisis in the EU and the international financial markets. The book offers a rich picture of empirics, and discusses, explains and criticizes a number of classical theories in the field (Marx, Schumpeter, Polanyi), as well as modern theories (Greif, North et al., Acemoglu, Perez and others). The familiar topics of property rights, technological development and long waves are presented in an illuminating way, whereas a number of new topics including open and limited access societies, hyper globalization, and the European Union are viewed in a broad perspective of “political economy” and “institutional economics”. The limitations of neoclassical economics are well presented as are the benefits (and costs) of political economy.’ -- John Groenewegen, Delft University of Technology, the Netherlands‘This book is a very coherent and up-to-date work. It presents a clear and sophisticated view on the role of economic institutions and aspects of political economy in the process of modern economic growth. The author demonstrates significant originality in combining insights from different sub-fields to successfully understand economic growth and the distribution of income in the economy. It will be a rich source of ideas for anyone interested in how the modern world, and various countries and regions in particular, attained high levels of economic welfare.’ -- Sjak Smulders, Tilburg University, the NetherlandsTable of ContentsContents: Preface Introduction Part I: Economic Theory in a Historical Perspective 1. Emerging Markets 2. Political Economy Revisited 3. Engines of Growth 4. Follow the Leader Part II: Historical Developments in a Theoretical Perspective 5. The Long Wave 6. A Tale of Two Continents 7. The World Economy at Large 8. Democracy at Bay References Index
£99.00
Edward Elgar Publishing Ltd The Economic and Political Aftermath of the Arab
Book SynopsisThe economies of the Middle East and North Africa (MENA) region have always been characterized by economic volatility and social disparities. The recent Arab Spring wave of protests has increased political uncertainty and instability in the region, and this timely book provides an in-depth analysis of the subsequent changes from economic, political and environmental perspectives.The international contributors provide a comprehensive overview of the situation in the Mediterranean Basin, addressing a wide range of contributing factors including:- productivity and innovation- trade and foreign investment- changing geo-political equilibria- labor markets and the role of women- the environment, climate change and energy sourcing.The book concludes that the key problems shared by MENA countries are the uncertain economic prospects coupled with high levels of unemployment - a combination that, through different channels, limits technological and innovative capacities.This book will prove an enlightening read for scholars, researchers and students in various academic fields including development economics, development studies, political economy, international politics and Islamic studies.Contributors: S. Alessandrini, C. Altomonte, A.H. Bayar, M.G. Bosco, S. Contessi, F. de Nicola, A. Farshbaf, M. Ferrara, L. Li, R. Mavilia, M. Nicolini, J.B. Nugent, S. Porcheri, V. Talbot, H. YoussefTable of ContentsContents: MENA Countries: Economic and Political Perspectives in the Aftermath of the Arab Spring: An Introduction Carlo Altomonte and Massimiliano Ferrara 1. Gulf Monarchies’ Role in the New MENA Region Valeria Talbot 2. Does MENA Trade Too Little, both within the Region and with Other Regions? If so, Why, and if not Why Not? Arian Farshbaf and Jeffrey B. Nugent 3. Employment Creation through inward FDI in the EMFTA and Employment Linkages Within Sectors Sergio Alessandrini 4. International Trade, Female Labor and Entrepreneurship in MENA Countries Silvio Contessi, Francesca di Nicola and Li Li 5. Climate Change Challenges and Policies for the MENA Countries Ali H. Bayar and Hoda Youssef 6. The Energy Sector in Mediterranean and MENA Countries Marcella Nicolini and Simona Porcheri 7. Innovation Performance of MENA Countries. Where do we Stand? Maria G. Bosco and Roberto Mavilia
£100.00
Edward Elgar Publishing Ltd Globalization and the Politics of Institutional
Book SynopsisGlobalization and the Politics of Institutional Reform in Japan illuminates Japan's contemporary and historical struggle to adjust policy and the institutional architecture of government to an evolving global order. This focused and scholarly study identifies that key to this difficulty is a structural tendency towards central political command, which reduces the country's capacity to follow a more subtle allocation of authority that ensures political leadership remains robust and non-dictatorial. Thus, Motoshi Suzuki argues that it is essential for a globalizing state to incorporate opposition parties and transgovernmental networks into policy-making processes.Providing an in-depth analysis of the theories of institutional change, this book introduces readers to a wealth of perspectives and counterarguments concerning analysis of political decision-making and policy adjustment on both the national and international scale. Placing Japanese policy reform in the global context and relating policy reform to leadership's political strategies, the author gives a detailed chronological and analytical overview of Japan's challenging institutional, political and bureaucratic transformations since the Meiji Restoration of the late nineteenth century. Analysis of globalization and policy reform in a non-liberal state, and the relationship between politicians and bureaucrats from an international perspective is included.For those interested in historical and contemporary Japanese politics from a theoretical perspective, particularly the implications of globalization and the politician-bureaucrat relationship, this is an indispensable resource.Trade Review'Suzuki illuminates the problems of globalization and associated institutional reform that have plagued historical and contemporary Japan. He focuses rightly on competition and cooperation between politicians and bureaucrats to capture the core of Japanese policy-making. His book must be read not just by scholars and students interested in Japanese political economy, but also by policy practitioners.' --Michio Muramatsu, Kyoto University, Japan'This book, by one of Japan's pre-eminent political scientists, offers a sweeping history of Japan's evolving place in the world. Contrary to the common caricature of Japan as a crafty player on the global chessboard, Suzuki describes the radical decentralization that has often plagued Japan's decision-making processes, sometimes with catastrophic consequences. International pressures have sometimes forced Japanese leaders to make important institutional and policy adjustments, but often only after Japan and other countries have borne costly consequences. Of particular interest to anyone who studies or does business with Japan will be the sections on the Japanese government's coalition building - not direction or control - after the bursting of the bubble economy in 1991, and Prime Minister Abe's attempts to build support for the Trans-Pacific Partnership over potent domestic opposition. This is an enlightening book.' --Frances McCall Rosenbluth, Yale University, US'Japanese leaders today are struggling with the Herculean task of adjusting Japan's institutions to deal with the challenges of globalization. Suzuki's book analyzes how this Japanese struggle is not new but has been playing out for a century. His analysis is a masterful overview of the complexities of balancing social and political continuities and changes as they have played out in key areas of Japan's domestic and regional politics.' --T.J. Pempel, University of California, BerkeleyTable of ContentsContents: PART I THEORY AND HISTORY Introduction 1. Theory of Institutional Reform and Government Structure 2. Empirical Models of Government Structures and International Adjustments 3. Adjustment Struggles Under Pre-World War II International Order 4. Postwar Bureaucratic-Cabinet System and Sectoral Adjustments to the International Order of Embededd Liberalism PART II CONTEMPORARY ANALYSIS 5. Authority Reallocation Under the Neoliberal Global Order – An Overview 6. Council Politics for Regulatory Reforms on Corporate Governance and Labor Relations 7. Issue-Dimensional Politics for Trade Liberalization 8. Crisis Politics for Banking Regulation Reform 9. Political Leadership Under the Global Neoliberal Order Bibliopgraphy Index
£98.00
Edward Elgar Publishing Ltd Companion to the Political Economy of Rent
Book SynopsisThis twenty-seven chapter book provides an excellent and accessible overview of the literature on rent seeking since its inception. What makes the book a fascinating reading is its application to different areas, such as regulation and economic aid, and presentation of an array of highly readable cases studies, including on China, Greece, India and Russia. It is a must for both students of public finance and policy makers.'- Sanjeev Gupta, International Monetary Fund'Indeed, this book is an indispensable companion to everyone working on rent seeking or the theory or politics of contests. It combines excellent surveys and innovative work of the most eminent researchers in this field.'- Kai Konrad, Director, Max Planck Institute for Tax Law and Public Finance, Munich, GermanyThe quest for benefit from existing wealth or by seeking privileged benefit through influence over policy is known as rent seeking. Much rent seeking activity involves government and political decisions and is therefore in the domain of political economy, although rent seeking can also take place in personal relations and within firms and bureaucracies. The contributions in this outstanding volume provide an accompaniment or 'companion' to the literature on rent seeking and the related political economy of rent creation and extraction. The chapters, written by leading scholars in the field, demonstrate the centrality of rent-related incentives to the study of economics, politics, culture, public administration and history.The expert and original contributions summarize and extend the literature in both theoretical and applied areas of research. The book begins with a clear and comprehensive description of the theory of rent seeking and of contest design for political and bureaucratic rent extraction. This is followed by a series of case studies showing the relevance of rent seeking for regulatory policies, international-trade policies, public finance, natural-resource discoveries, development aid, behavior in international bureaucracies, litigation and judicial systems. The applied chapters also include overviews of rent seeking and rent extraction in Europe, Russia, Asia, Africa and the US.This volume will appeal to a broad readership, including economists, political scientists and development practitioners, wishing to gain an understanding of the concept of rent seeking. The chapters in this book also provide an excellent introduction to the extensive literature.Contributors: J. A. Amegashie, M. Brooks, R.D. Congleton, G. Dari-Mattiacci, R.T. Deacon, G.S. Epstein, S. Flamand, R.J. Hagan, A.L. Hillman, R.G. Holcombe, C. Kang, M.S. Kimenyi, E. Langlais, M.I. Levin, N. Van Long, B. Lovat, B. Luppi, S. Marjit, J.M. Mbaku, Y. Mealem, T. Moutos, D. C. Mueller, V. Mukherjee, S. Nitzan, M. Paldam, F. Parisi, L. Pechlivanos, L. Qijun, A. Rode, G.A.Satarov, R.M. Sheremeta, W.F. Shughart II, D.W. Thomas, G. Tridimas, O. Troumpounis, R. Vaubel, K. WärnerydTrade Review‘This twenty-seven chapter book provides an excellent and accessible overview of the literature on rent seeking since its inception. What makes the book a fascinating reading is its application to different areas, such as regulation and economic aid, and presentation of an array of highly readable cases studies, including on China, Greece, India and Russia. It is a must for both students of public finance and policy makers.’ -- Sanjeev Gupta, International Monetary Fund‘Indeed, this book is an indispensable companion to everyone working on rent seeking or the theory or politics of contests. It combines excellent surveys and innovative work of the most eminent researchers in this field.’ -- Kai Konrad, Director, Max Planck Institute for Tax Law and Public Finance, Munich, GermanyTable of ContentsContents: PART I: INTRODUCTION 1. The Nature of Rent Seeking Roger D. Congleton 2. Rent Seeking as Political Economy Arye L. Hillman PART II: THEORY 3. The Theory of Contests: A Unified Model and Review of the Literature Ngo Van Long 4. Contestable Policies Gil S. Epstein and Shmuel Nitzan 5. Asymmetries in Rent Seeking Giuseppe Dari-Mattiacci, Eric Langlais, Bruno Lovat, and Francesco Parisi 6. Prize-sharing Rules in Collective Rent Seeking Sabine Flamand and Orestis Troumpounis 7. Rent Seeking and Organizational Structure Karl Wärneryd 8. Contest Effort Yosef Mealem and Shmuel Nitzan 9. Sabotage in Contests J. Atsu Amegashie 10. Behavioral Dimensions of Contests Roman M. Sheremeta PART III: APPLICATIONS AND OUTCOMES 11. Regulatory Rent Seeking William F. Shughart II and Diana W. Thomas 12. Rents and International Trade Policy Arye L. Hillman 13. Rent Seeking Through Public Finance Michael Brooks 14. Rent Seeking and the Resource Curse Robert T. Deacon and Ashwin Rode 15. Rents and the Political Economy of Development Aid Rune Jansen Hagen 16. Rent Seeking in International Organizations Roland Vaubel 17. Litigation as Rent Seeking Francesco Parisi and Barbara Luppi PART IV: THE REALITY OF RENTS 18. Profit Seeking and Rent Seeking in the United States and Europe Dennis C. Mueller 19. Rents in a Welfare State Martin Paldam 20. Rent Seeking Through Control of the State in Russia Mark I. Levin and Georgy A. Satarov 21. Rents and Development Failure in Africa John Mukum Mbaku and Mwangi S. Kimenyi 22. Economic Development and Corruption in China in the Shadow of Rent Seeking Kang Chen and Liu Qijung 23. Market Liberalization and Rent Seeking in India Sugata Marjit and Vivekananda Mukherjee 24. The Democratization of Rent Seeking in Modern Greece Thomas Moutos and Lambros Pechlivanos 25. Rent Seeking in the Democracy of Ancient Greece George Tridimas PART IV: CONSTITUTIONS AND INSTITUTIONS 26. Rent Seeking and Constitutional Political Economy Randall G. Holcombe 27. Rent Seeking and Organizational Governance: Limiting the Losses from Intra-organizational Conflict Roger D. Congleton Index
£189.00
Edward Elgar Publishing Ltd The Political Economy of Aerospace Industries: A
Book SynopsisEvery so often an academic book comes along which is not only powerfully analytical and deeply informative but also encapsulates the author's lifetime research interests. Authored by one of the UK's most eminent economists, Keith Hartley's latest book on the aerospace industry offers the reader an authoritative and fascinating insight in to a global industry of immense economic and strategic importance. This book will be essential reading for academic scholars, government policy-makers and aerospace industry practitioners alike.'- Derek Braddon, UWE, Bristol, UK'This is an important book about an important industry. Aerospace is a highly political and politicised industry that has often seemed immune to normal commercial practices;. Professor Hartley has turned powerful set of economic tools on the sector and calls into question some of the facile arguments that have often been used to justify government support for some economically dubious projects. He is especially forthright on the problematic area of military aerospace collaboration in Europe.'- Keith Hayward, Head of Research, Royal Aeronautical Society, UK'This is the definitive book on the political economy of the aerospace industry by the world's leading scholar on the subject. This is a must read for anyone studying defence economics or who is interested in the aerospace industry. It is clear, concise, and informative.'- Todd Sandler, University of Texas at Dallas, USAerospace is often viewed as a key high-technology industry, important for a nation's future growth prospects and international competitiveness. This book presents an economic and political analysis of the world's aerospace industries and their performance. Keith Hartley uses examples from most of the world's significant aerospace industries, especially across the USA, UK and Europe. The emphasis on political economy reflects the continuing influence of government on the fortunes of the industry. He presents chapters on aerospace markets, technical progress, industry structure, conduct and performance, a case study of BAE Systems, public choice analysis, the case for subsidies, procuring military aircraft, international collaboration, as well as an insight into future prospects. He concludes that the future aerospace firm will be radically different, but governments will continue to dominate the industry.The Political Economy of Aerospace Industries will appeal to undergraduate and graduate students in industrial and defense economics, public choice and policy courses. It will also be of interest to researchers, policy-makers and those involved in the industry in various different capacities.Contents: Preface 1. Introduction: An Important Industry? 2. An Overview of the World Aerospace Industry 3. Aerospace Markets 4. The Economics of the Aerospace Industry 5. The Economics of Technical Progress 6. Industry Structure 7. Industry Conduct and Performance 8. A Company Case Study. BAE Systems: Achievements, Rivals and Prospects 9. A Public Choice Analysis 10. A Case for Subsidy? 11. Buying Military Aircraft 12. The Political Economy of International Collaboration: An Overview of Benefits and Costs 13. International Collaboration: The Reality 14. Future Prospects IndexTrade Review‘Every so often an academic book comes along which is not only powerfully analytical and deeply informative but also encapsulates the author’s lifetime research interests. Authored by one of the UK’s most eminent economists, Keith Hartley’s latest book on the aerospace industry offers the reader an authoritative and fascinating insight in to a global industry of immense economic and strategic importance. This book will be essential reading for academic scholars, government policy-makers and aerospace industry practitioners alike.’ -- Derek Braddon, UWE, Bristol, UK‘This is an important book about an important industry. Aerospace is a highly political and politicised industry that has often seemed immune to normal commercial practices;. Professor Hartley has turned powerful set of economic tools on the sector and calls into question some of the facile arguments that have often been used to justify government support for some economically dubious projects. He is especially forthright on the problematic area of military aerospace collaboration in Europe.’ -- Keith Hayward, Head of Research, Royal Aeronautical Society, UK‘This is the definitive book on the political economy of the aerospace industry by the world’s leading scholar on the subject. This is a must read for anyone studying defence economics or who is interested in the aerospace industry. It is clear, concise, and informative.’ -- Todd Sandler, University of Texas at Dallas, US‘Hartley’s book is a major contribution to the field of political economy on the one hand and a great collection of facts and figures on the aerospace industry on the other. The level of detail in the case studies and the breadth and depth of background information gives the reader a fantastic impression of the crucial forces at work and really supports the understanding of the aerospace industry. . .The richness of detailed understanding the book provides about the aerospace industry is not only of value when focusing on governmental interaction patterns and analyzing the defense side of the industry. It opens up various possibilities. This makes the book a must-read for all interested readers within the aerospace industry, for defense economists as well as for researchers of other scientific fields discussing the aerospace industry. ’ -- Daniel Guffarth, Journal of Evolutionary EconomicsTable of ContentsContents: Preface 1. Introduction: An Important Industry? 2. An Overview of the World Aerospace Industry 3. Aerospace Markets 4. The Economics of the Aerospace Industry 5. The Economics of Technical Progress 6. Industry Structure 7. Industry Conduct and Performance 8. A Company Case Study. BAE Systems: Achievements, Rivals and Prospects 9. A Public Choice Analysis 10. A Case for Subsidy? 11. Buying Military Aircraft 12. The Political Economy of International Collaboration: An Overview of Benefits and Costs 13. International Collaboration: The Reality 14. Future Prospects Index
£104.00
Edward Elgar Publishing Ltd International Aid and Private Schools for the
Book SynopsisPauline Dixon has intellectual rigour and an openness to new ideas, together with compassion and practicality. A great and unusual combination which I admire enormously.'- Dame Sally Morgan, Adviser to the Board, Absolute Return for Kids and former chief advisor to Tony Blair, UK'This fine book has a powerful message for policymakers and donors: the quality of schools matters even in poor countries; hence, the poor are abandoning failed state schools and enrolling their kids in low cost private schools. Instead of trying to close them down, the state and donors would do well to invest in children (through vouchers and cash transfers) and give parents a choice rather than create more atrocious, monopolistic state schools where teachers are absent and unaccountable.'- Gurcharan Das, commentator and author, India Unbound and former CEO of Proctor and Gamble, Asia'This is a must-read book for anyone interested in the plight of poor children, particularly for those readers concerned with learning about culturally sensitive and proven ways to reach out and help less fortunate children in developing countries. I was fascinated and outraged by the compelling stories and actual data that Dixon shares in this gem of an exposé. Most readers will similarly be shaken and incensed by the failure of billions of dollars spent on state schooling in Africa and India. Dixon makes a compelling case for the value and contributions of low cost private schools in slums and low income areas in developing countries. After reading this book, I am now a believer!'- Steven I. Pfeiffer, Professor, Florida State University, USThis fascinating volume challenges the widely held belief that the state should supply, finance and regulate schooling in developing countries. Using India as an example, Dr. Pauline Dixon examines the ways in which private, for-profit schools might serve as a successful alternative to state-run systems of education in impoverished communities around the world.The book begins with a thorough history of India's government-run schools - based on the traditional British model - which are currently characterized by high levels of waste, inefficiency and subpar student performance. The author goes on to present comprehensive survey and census data, along with analyses of different school management types and their effect on student achievement, teacher attendance and quality of facilities. The book also tackles the problem of inefficient allocation and use of international aid, and offers recommendations on the development of new mechanisms for utilizing aid resources in support of low-cost private schools.This meticulously researched volume will appeal to students and professors of development studies, political economy and international studies. Policymakers and other officials with an interest in educational innovation will also find much of interest in this book.Contents: Preface - A Vignette from Hyderabad Introduction - Never Assume 1. Jumping onto the Galloping Horses - Even in India 2. Hostages to a Fortune? - Schooling and International Aid 3. The Parting of the Veil - Low-Cost Private Schools - The Evidence 4. The Anteroom of Eternity? Gaining Attention from Aid Agencies 5. Only the Closed Mind is Certain Bibliography IndexTrade Review‘This book is a welcome addition to the limited corpus of literature on policy-oriented education research. . . There is no doubt that the author has passion for her subject, which she pursues through an excellent literature survey, the use of printed and published documents, as well as evidence collected through interviews and observations during her visits to India. . . The joy of reading this book is that Dixon is not afraid to put her arguments bluntly. Much more than this, the book is eloquent, engaging and convincing, and her recommendations are solid and professional.’ -- Michael Omolewa, International Journal of Lifelong Learning‘This is a technical study written with passion by an author with a vocation. Unless suppressed by the educational establishment, it will transform its subject.’ -- J.C.D. Clark, Times Literary Supplement (Named as one of the ‘Books of the Year’ by the Times Literary Supplement)‘Dixon's book is a refreshing and inspiring contribution to the debate over how to help the least of these among us. . . That education is the governments job is an article of faith among many. Dixon breathes new life into the case for market-provided education, particularly in very poor countries.’ -- Art Carden, Regulation‘Pauline Dixon has intellectual rigour and an openness to new ideas, together with compassion and practicality. A great and unusual combination which I admire enormously.’ -- Dame Sally Morgan, Adviser to the Board, Absolute Return for Kids and former chief advisor to Tony Blair, UK‘This fine book has a powerful message for policymakers and donors: the quality of schools matters even in poor countries; hence, the poor are abandoning failed state schools and enrolling their kids in low cost private schools. Instead of trying to close them down, the state and donors would do well to invest in children (through vouchers and cash transfers) and give parents a choice rather than create more atrocious, monopolistic state schools where teachers are absent and unaccountable.’ -- Gurcharan Das, commentator and author, India Unbound and former CEO of Proctor and Gamble, Asia‘This is a must-read book for anyone interested in the plight of poor children, particularly for those readers concerned with learning about culturally sensitive and proven ways to reach out and help less fortunate children in developing countries. I was fascinated and outraged by the compelling stories and actual data that Dixon shares in this gem of an exposé. Most readers will similarly be shaken and incensed by the failure of billions of dollars spent on state schooling in Africa and India. Dixon makes a compelling case for the value and contributions of low cost private schools in slums and low income areas in developing countries. After reading this book, I am now a believer!’ -- Steven I. Pfeiffer, Professor, Florida State University, USTable of ContentsContents: Preface – A Vignette from Hyderabad Introduction – Never Assume 1. Jumping onto the Galloping Horses – Even in India 2. Hostages to a Fortune? – Schooling and International Aid 3. The Parting of the Veil – Low-Cost Private Schools – The Evidence 4. The Anteroom of Eternity? Gaining Attention from Aid Agencies 5. Only the Closed Mind is Certain Bibliography Index
£29.95
Edward Elgar Publishing Ltd The Rise of the BRICS in the Global Political
Book SynopsisTaking an interdisciplinary approach, Vai Io Lo and Mary Hiscock, together with scholars and researchers from around the world, investigate the rise of the BRICS and assess the extent of their further development and influence from the perspectives of economics, international relations and law.Brazil, Russia, India, and China are expected to become the world s most influential economies, surpassing the current richest economies, by the middle of the 21st century. With the inclusion of South Africa in 2010, the BRICS span across four continents, creating an abundance of geopolitical clout, in addition to their potential economic dominance. This book examines the economic developments of individual BRICS countries, the current politico-economic condition of the BRICS vis-à-vis non-BRICS countries or groups, and the potential of the BRICS to bring about changing paradigms in the global political economy.This book is an essential resource for academics, researchers and students who are interested in the rise, development and impact of the BRICS economies. It will also be of interest to economists, political scientists, and specialists in international trade and investment.Contributors include: M. Ariff, R. Arora, L. Boulle, J. Chella, M. Conley Tyler, R. Dos Santos, J. Farrar, S. Fortescue, U. Ghori, M.Hiscock, D.B. Karimova, A. Khalid, R. Lahiri, E.T. Laryea, S. Lin, V.I. Lo, A.J. Makin, B. Nanda, M.P. Ramaswamy, S. Ratnasiri, M. Sornarajah, M. Thirlwell, M. ThomasTrade Review'Lo and Hiscock provide the reader with the opportunity to look at the BRICS in a much broader way. Bringing together scholars of international relations, law and economics, this book reminds us that the economic success of the BRICS depends not only on economic growth and trade, but also the future relations with the developed world and domestic reforms. '--Tevfik Murat Tildirim, European Political ScienceTable of ContentsContents: 1. The BRICS – an Indian Perspective H.E. Mr Biren Nanda 2. How Solid are the BRICS? An Economic Overview Anthony J. Makin and Rashmi Arora 3. Fiscal Policy and China’s Economic Growth Shuanglin Lin 4. Productivity Differences, Technology Adoption and Economic Growth: The Case of India Radhika Lahiri and Shyama Ratnasiri 5. Brazil: A Soft Power Rising with the BRICS Towards a Multipolar World Raquel Dos Santos 6. Sino-Brazilian Trade and Antidumping Concerns Muruga Perumal Ramaswamy 7. Joining the BRICs – the Case of South Africa Laurence Boulle and Jessie Chella 8. Implications of the Rise of the BRIC Countries for Africa Emmanuel T. Laryea 9. The BRICS: Experiments with State Capitalism and Institutional Investment John Farrar and Mohamed Ariff 10. The Power of the BRICS in the World Trade and Growth, Analysing the Macroeconomic Impacts Within and Across Ahmed Khalid 11. The BRICS+: Fault Lines and Opportunities Umair Ghori 12. The BRICS – Model for the Earth Living Dilyara B. Karimova 13. The BRICS and Russia Stephen Fortescue 14. New Players, New Rules? The BRICS and Global Economic Governance Mark Thirlwell 15. BRICS and Mortar(s): Breaking or Building the Global System? Melissa Conley Tyler and Michael Thomas 16. China’s Path to Development: Does Law Matter? Vai Io Lo 17. The Role of the BRICS in International Law in a Multipolar World Muthucumaraswamy Sornarajah 18. Conclusions: The BRICS – Ascendancy, Decline or Plateau? Mary Hiscock and Vai Io Lo
£121.00
Edward Elgar Publishing Ltd Confronting the Shadow Economy: Evaluating Tax
Book SynopsisThis is a very stimulating book which should be read by everyone who wants to gain an understanding of the latest developments in the shadow economy.'- Friedrich Schneider, Johannes Kepler University of Linz, Austria'Professor Williams is to be congratulated for this timely contribution - a fresh addition to the literature. As he explains, the recognition that the shadow economy is diverse and extensive has led to a rethinking of how to tackle it. In a reader-friendly fashion, the author explains the variable magnitude of and variable character of the shadow economy; he then discusses policy approaches, deterrence measures and incentives. The result is of interest to the policy-maker as well as to academics.'- Léo-Paul DANA, Groupe Sup de Co Montpellier Business School, FranceThis authoritative monograph explores the effectiveness and transferability of the rapidly expanding range of policy approaches and measures available as weaponry in the fight against the shadow economy.Beginning with a review of the extent of undeclared work, the author discusses the discrepancies between regions and the potential impacts of the economic crisis, comparing the nature of the potential solutions available with those actually adopted. The way forward, the book concludes, is to move away from increasing the costs of engaging in hidden work using repressive measures, and concentrate more on developing initiatives that enhance the benefits of engaging in declared work and increase the likelihood of compliance by engendering a commitment to tax morality.This insightful and unique exposition will have considerable appeal to academics, practitioners and policy-makers across the globe involved in the fight against undeclared work.Contents: 1. Introduction Part I Extent and Nature of the Shadow Economy 2. The Variable Magnitude of the Shadow Economy 3. The Variable Character of the Shadow Economy Part II Policy Approaches 4. Evaluating the Policy Options 5. A Typology of Policy Measures Part III Direct Controls 6. Deterrence Measures 7. Supply-Side Incentives for Businesses 8. Supply-Side Incentives for Individuals 9. Demand-Side Incentives Part IV Indirect Controls 10. Commitment Measures 11. Broader Economic and Social Policies 12. Conclusions References IndexTrade Review‘An impressive work of substantial scholarship, Confronting the Shadow Economy: Evaluating Tax Compliance and Behaviour Policies is a critical important contribution to academic and governmental library economics references collections and supplemental studies lists.’ -- The Midwest Book Review'This is a very stimulating book which should be read by everyone who wants to gain an understanding of the latest developments in the shadow economy.' -- Friedrich Schneider, Johannes Kepler University of Linz, Austria'Professor Williams is to be congratulated for this timely contribution – a fresh addition to the literature. As he explains, the recognition that the shadow economy is diverse and extensive has led to a rethinking of how to tackle it. In a reader-friendly fashion, the author explains the variable magnitude of and variable character of the shadow economy; he then discusses policy approaches, deterrence measures and incentives. The result is of interest to the policy-maker as well as to academics.' -- Léo-Paul DANA, Groupe Sup de Co Montpellier Business School, FranceTable of ContentsContents: 1. Introduction Part I Extent and Nature of the Shadow Economy 2. The Variable Magnitude of the Shadow Economy 3. The Variable Character of the Shadow Economy Part II Policy Approaches 4. Evaluating the Policy Options 5. A Typology of Policy Measures Part III Direct Controls 6. Deterrence Measures 7. Supply-Side Incentives for Businesses 8. Supply-Side Incentives for Individuals 9. Demand-Side Incentives Part IV Indirect Controls 10. Commitment Measures 11. Broader Economic and Social Policies 12. Conclusions References Index
£100.00
Edward Elgar Publishing Ltd Government Failure: Society, Markets and Rules
Book SynopsisThis highly unique book takes a fundamental look at when and how a government can fail at its core responsibility of formulating rules. Government, representing society, relates to the economy by formulating the rules within which (market) players should operate. Although market and business failure are much discussed in the economics literature, government failure is often overlooked. This book addresses this gap, exploring in detail what constitutes government failure.Wilfred Dolfsma illustrates that it is not adequate to discuss government failure simply with reference to its level of expenditure, as is usually the case. Defining government failure and analysing it in the domains of health care, innovation and technology, he explores topics such as how market and society relate, consequences of conflicts between government policies, how government should (not) intervene, the vulnerability of institutions and rules (set out by government), and suggests a welfare perspective for evaluative purposes.This stimulating and thought provoking book will prove a fascinating read for academics, researchers and advanced students in economics - particularly public choice and institutional economics - public administration, policy studies, and law and economics.Contents: 1. Introducing Government Failure 2. How Market and Society Relate 3. The G-Factor: Weighing the Visible Hand of Government Intervention with Killian McCarthy and Tao Zhu 4. Government Policy: Private Incentives, Public Virtues? 5. Government Failure 6. Policy Conflicts: The Case of Healthcare 7. Government Failure, IPRs and Economic Development 8. A Confused Market: Divergent Routes to Implementing Market-Oriented Reform in Healthcare 9. Vulnerability of Institutions and Rules 10. Establishing Government Failure or Success: A Dynamic Welfare Perspective 11. Conclusions: Market, Business and Government References IndexTrade Review'The idea that governments as well as markets can fail has been central to the public choice literature for the last half century. Typically government failure is described and measured as excessive expenditures or unbalanced budgets. This original book points out that government failures often take the form of inappropriate or inconsistent rules governing the private sector. The argument is nicely illustrated using real-world examples in the areas of healthcare, innovation, and intellectual property. The book is a timely and important contribution to the literature.' --Dennis C. Mueller, University of Vienna, AustriaSince the 1970s the conventional wisdom has been that governments should retreat from the economic sphere and enhance the role of markets. The financial crash of 2008 has brought that into question. This stimulating set of essays considers the role of government in modern complex economies. Addressing the potential for both government failure and market failure, and drawing on empirical evidence, these studies are important contributions to a revived debate.' --Geoffrey M. Hodgson, University of Hertfordshire, UK'Starting from the idea that market and state are intertwined domains, and explaining the economy as a system of communication evolving through innovation, this excellent book makes a valuable contribution to understanding government rule setting in knowledge-based economies. It provides a taxonomy of ways in which government rules function more or less successfully, and addresses the important problem of institutional vulnerability. Intellectual property rights laws and reform of health care systems are perceptively discussed. This book is strongly recommended for public policy experts and researchers investigating the public-private economy.' --John Davis, Marquette University, US and University of Amsterdam, the NetherlandsTable of ContentsContents: 1. Introducing Government Failure 2. How Market and Society Relate 3. The G-Factor: Weighing the Visible Hand of Government Intervention with Killian McCarthy and Tao Zhu 4. Government Policy: Private Incentives, Public Virtues? 5. Government Failure 6. Policy Conflicts: The Case of Healthcare 7. Government Failure, IPRs and Economic Development 8. A Confused Market: Divergent Routes to Implementing Market-Oriented Reform in Healthcare 9. Vulnerability of Institutions and Rules 10. Establishing Government Failure or Success: A Dynamic Welfare Perspective 11. Conclusions: Market, Business and Government References Index
£79.00
Edward Elgar Publishing Ltd Handbook of the International Political Economy
Book SynopsisLarge-scale socio-economic, political and structural changes characterize contemporary agriculture and food today. This Handbook provides an essential overview to help readers understand the future evolution of agri-food through an analysis of the economy in key regions around the world.Along with chapters that investigate agri-food in North America, Europe, Latin America, Asia and Oceania, the book includes contributions that cover topics such as labor, science and technology, the financialization of agri-food, and supermarkets.This Handbook will be required reading for researchers, scholars and students in the social sciences looking to learn more about agriculture and food. Policy makers and industry leaders interested in agri-food will also find this to be an insightful read.Contributors: G. Aboites, C. Bain, J.S. Barbosa Cavalcanti, M.Belo Moreira, B. Bock, A. Bonanno, B. Brandl, L. Busch, I. Cucco, T. Dandachi, M. del Rosario Castro Bernardini, J. Dixon, M. Etxezarreta, M. Fairbairn, M. Fonte, L. Glenna, L. Horlings, K. Jones, E.E. Krone, G. Lawrence, F. Martinez, M. Miele, G. Otero, A. Patel-Campillo, G. Pechlaner, E. Ransom, J. Rosell, C. Sachs, K. Sekine, L. ViladomiuTrade Review'This Handbook makes an important contribution to agrifood studies. Departing from more generalized analyses of globalization and neo-liberalism we are presented with a rich range of country level and thematic studies by highly respected authors. In this way, common trends are subjected to the detailed scrutiny of individual Nation States both in the North and the South, unwrapping the heterogeneous forces at work in each. The thematic section in its focus on key issues and actors similarly exposes the complex tendencies often hidden by more generalized accounts of the global agrifood system. Political economy at its best!' --John Wilkins, Graduate Center for Development, Agriculture and Society, Rural Federal University, Rio de Janeiro, BrazilTable of ContentsContents: THE INTERNATIONAL POLITICAL ECONOMY OF AGRICULTURE AND FOOD: AN INTRODUCTION Alessandro Bonanno and Lawrence Busch PART I THE INTERNATIONAL POLITICAL ECONOMY OF AGRICULTURE AND FOOD: SELECTED COUNTRIES AND REGIONS 1. The Political Economy of Agriculture in Southern Africa Elizabeth Ransom 2. “100% Pure”? Private Governance Efforts to Mitigate the Effects of ‘Dirty Dairying on New Zealand’s Environment Carmen Bain and Tamera Dandachi 3. The Political Economy of Agri-Food in Mexico Francisco Martinez and Gilberto Aboites 4. Argentina’s Agrifood Transformations in the Context of Globalization: Changing Ways of Farming Clara Craviotti 5. The Political Economy of Agriculture in Colombia: An Unfinished Business Anouk Patel-Campillo and María del Rosario Castro Bernardini 6. Brazilian Farmers, Quality and Markets Josefa Salete Barbosa Cavalcanti and Evander Eloi Krone 7. The Political Economy of Agriculture and Food in North America: Toward Convergence or Divergence? Gabriela Pechlaner and Gerardo Otero 8. Transition of Agriculture and Agricultural Policies in Japan: From Postwar to the Neoliberal Era Kae Sekine 9. The European Common Agriculture Policy: a Tale of Slow Adjustment to Neoliberal Globalization Manuel Belo Moreira 10. An Overview of Spanish Agriculture in the 21st Century Miren Etxezarreta, Jordi Rosell and Lourdes Viladomiu PART II SELECTED THEMES OF THE INTERNATIONAL POLITICAL ECONOMY OF AGRICULTURE AND FOOD 11. The Political Economy of Agri-Food: Supermarkets Geoffrey Lawrence and Jane Dixon 12. Finance and the Food System Madeleine Fairbairn 13. The Political Economy of Labor Relations in Agriculture and Food Alessandro Bonanno 14. The Political Economy of Alternative Agriculture in Italy Maria Fonte and Ivan Cucco 15. Animal Welfare: the Challenges of Implementing a Common Legislation in Europe Mara Miele, Bettina Bock and Lummina Horlings 16. International Political Economy of Agricultural Research and Development Leland Glenna, Barbara Brandl, and Kristal Jones 17. Gender and the International Political Economy of Agri-Food Carolyn Sachs Index
£160.00
Edward Elgar Publishing Ltd New Developments in Economic Education
Book SynopsisThis volume is a welcome addition to an ever growing body of work in economic education. The chapters herein are sure to appeal equally to new and seasoned instructors. The often overlooked process of setting expectations is motivated through a fresh look at syllabus construction. A wide range of content areas are covered throughout the volume, with dedicated chapters on the Coase Theorem and tax evasion. Research chapters enhance our understanding of the acquisition of economic knowledge (through clicker use), the stock of economic and financial knowledge (and correlated factors), and how real and perceived economic and financial literacy influence opinions (related to the financial crisis). The depth and breadth of coverage on such important topics make this a must have volume.'- KimMarie McGoldrick, University of Richmond, US'This volume includes chapters extending and updating innovative teaching methods for undergraduate economics courses, as well as chapters with empirical research. Economic educators and general economists who are interested in teaching will therefore find something of interest and importance here.'- Michael Watts, Purdue University, USThis innovative book offers targeted strategies for effectively and efficiently teaching economics at both undergraduate and postgraduate levels. It provides professors and other teachers of economics various techniques to engage and retain the interest of students, and challenges them to apply both knowledge and methodological tools to a range of economic problems.Each chapter in this volume addresses a specific topic in the teaching of economics, with the overall goal of deepening students' understanding of economic reasoning and providing the tools required to apply that knowledge and insight to real-world problems. The contributors discuss a broad range of techniques and strategies, from syllabus creation to effective classroom demonstrations to the use of literature and film in illustrating economic principles, all of which provide fascinating insights and ideas for improving the overall quality of economics education.Teachers of economics at all levels particularly university and college professors - will find this book invaluable in their efforts to improve their teaching strategies and methods and provide high-quality economics education to future generations of scholars.Contributors: C.J. Asarta, Y. Bauman, S.A Beaulier, C. Blackwell, W.D. Bosshardt, R.B. Butters, A. Carden, R.J. Cebula, E. Chamlee-Wright, M. Foley, W. Geerling, T.G. Green, P.W. Grimes, J.C. Hall, M.R. Hammock, D. Hazlett, G.D. Mateer, F.G. Mixon Jr., A. Perumal, J.M. Potter, K.C. Rebeck, K.E. Rogers, P.J. Ruder, J.L. Scott, S.E. Skwire, L.J. Treviño, M.A. Vachris, W.B. Walstad, Z.X. ZygmontTrade Review‘Mixon and Cebula have compiled a valuable collection that offers a blend of compelling empirical results on the efficacy of classroom innovations along with practical advice to implement cutting edge pedagogical techniques. New and seasoned instructors alike can enhance their economics courses and improve student learning as they select from innovative ideas that range from simple to complex.’ -- Gail Hoyt, University of Kentucky, US‘This volume is a welcome addition to an ever growing body of work in economic education. The chapters herein are sure to appeal equally to new and seasoned instructors. The often overlooked process of setting expectations is motivated through a fresh look at syllabus construction. A wide range of content areas are covered throughout the volume, with dedicated chapters on the Coase Theorem and tax evasion. Research chapters enhance our understanding of the acquisition of economic knowledge (through clicker use), the stock of economic and financial knowledge (and correlated factors), and how real and perceived economic and financial literacy influence opinions (related to the financial crisis). The depth and breadth of coverage on such important topics make this a must have volume.’ -- KimMarie McGoldrick, University of Richmond, US‘This volume includes chapters extending and updating innovative teaching methods for undergraduate economics courses, as well as chapters with empirical research. Economic educators and general economists who are interested in teaching will therefore find something of interest and importance here.’ -- Michael Watts, Purdue University, US‘This fun and practical book could enrich any economics curriculum.’ -- BookshelfTable of ContentsContents: 1. A Spoonful of Sugar Helps the Medicine Go Down: Why Good Content is Never Enough Wayne Geerling and G. Dirk Mateer 2. A Classroom Federal Funds Market Experiment Denise Hazlett 3. An Improved In-Class Bargaining Demonstration Calvin Blackwell 4. Bo Knows Property Rights and Futures Markets: Economics in Trading Places Michael R. Hammock and Art Carden 5. Crony Capitalism in The Gilded Age by Twain and Dudley and its Relevance for Today Michelle Albert Vachris 6. Including Short Stories in Economics Courses Philip J. Ruder 7. Some Brief Syllabus Advice for the Young Economist Emily Chamlee-Wright and Joshua C. Hall 8. Using Literature to Teach the Economics of the Soviet-Type and Centrally-Planned Economies Zenon X. Zygmont 9. Not So Bleak House: Business and Entrepreneurship in Dickens Sarah E. Skwire 10. Beyond the Can Opener: A Top Ten List of Economics Humor Yoram Bauman 11. Can’t See the Tacking for the Trees? Try a Coasian Solution Scott A Beaulier, Franklin G. Mixon, Jr. and Richard J. Cebula 12. Teaching the Economics of Income Tax Evasion Richard J. Cebula and Maggie Foley 13. The Black Market and the Silver Screen: Economics in The Third Man Michael R. Hammock and Art Carden 14. Assessing the Economic and Financial Knowledge of Adults Kenneth C. Rebeck and William B. Walstad 15. Success in the Economics Major: Is it Path Dependent? Carlos J. Asarta, Roger B. Butters and Andrew Perumal 16. Economic Literacy and Policy Perceptions during the Financial Crisis Paul W. Grimes, Kevin E. Rogers and William D. Bosshardt 17. The Effects of Legalized Cheating in the Economics Classroom Joel M. Potter and John L. Scott 18. Instructor Attractiveness and Institutional Choice in Economics: A Decomposition Approach Trellis G. Green, Franklin G. Mixon, Jr. and Len J. Treviño 19. Do Clickers Enhance Student Performance in Economics? Joel M. Potter and John L. Scott
£105.00
Edward Elgar Publishing Ltd Handbook of the International Political Economy
Book SynopsisThis Handbook discusses theoretical approaches to migration studies in general, as well as confronting various issues in international migration from a distinctive and unique international political economy perspective. With a focus on the relation between globalization and migration, the international political economy (IPE) theories of migration are systematically addressed.Original new contributions from leading migration scholars offer a complete overview of international migration. They examine migration as part of a global political economy whilst addressing the theoretical debates relating to the capacity of the state to control international migration and the so called 'policy gap' or 'gap hypothesis' between migration policies and their outcomes. An examination of the relationship between regional integration and migration, with examples from Europe, North America, the Middle East and North Africa, as well as South-East Asia - is also included.Aimed at political scientists and political economists with an interest in globalization and EU policymaking this collection will be accessible to students, academic and policymakers alike.Contributors: R.G. Anghel, A. Balch, M. Fauser, C. Finotelli, A. Geddes, W.J. Haller, F. Jurje, O. Korneev, S. Lavenex, A.I. León, S. McMahon, E. Nadalutti, H. Overbeek, F. Pasetti, H. Pellerin, M. Piracha, T. Randazzo, R. Roccu, M. Samers, G. Sciortino, K. Surak, L.S. Talani, R. Zapata-BarreroTrade Review'The editors have amassed an impressive range of international experts on the political economy of migration to create an invaluable teaching resource on the subject for many years to come.' --Vassilis K. Fouskas, University of East London, UK'This superb Handbook provides an indispensable guide to what is arguably the most serious political and humanitarian crisis of our time. Including chapters by numerous leading scholars in the field of migration studies, the Handbook is distinctive not only because of its international political economy orientation, but also because of its comprehensiveness: the Handbook combines sustained theoretical and conceptual engagement as it engages with the most important migration crises in North America, Europe, and Asia.' --Alan Cafruny, Hamilton College, US'An excellent book on one of the most pressing issues of our time: international migration. By bringing together the dominant approaches in the literature, and applying them to a broad spectrum of migration problems, this book sets a standard for academics and policymakers.' --Stefan Collignon, London School of Economics and Political Science, UK, Sant'Anna School of Advanced Studies, Italy and University of Hamburg, GermanyTable of ContentsIntroduction: An IPE Perspective on International Migration Leila Simona Talani PART I THE THEORETICAL BACKGROUND: TOWARDS AN INTERNATIONAL POLITICAL ECONOMY OF MIGRATION 1. International Migration: IPE Perspectives and the Impact of Globalization Leila Simona Talani 2. Neoliberal Globalisation, Transnational Migration and Global Governance Alba I. León and Henk Overbeek 3. The State and the Regulation of Migration Andrew Geddes and Oleg Korneev 4. Towards a Just Mobility Regime: An Applied Ethical Approach to the Study of Migrants’ Admission – The Case of Skill Selection Ricard Zapata-Barrero and Francesco Pasetti 5. Assessing the International Regime Against Human Trafficking Alex Balch 6. Migration, Transnationalization and Urban Transformations Margit Fauser PART II THE ECONOMIC DIMENSION OF MIGRATION 7. Global Foreign Workers’ Supply and Demand and the Political Economy of International Labour Migration Hélène Pellerin 8. Guestworker Regimes Globally: An Historical Comparison Kristin Surak 9. Closed Memberships in a Mobile World? Welfare States, Welfare Regimes and International Migration Giuseppe Sciortino and Claudia Finotelli 10. The Expat-Sensitive State? Globalization, Development, and the Shifting Loci of Transmigrant Resources William J. Haller 11. Migrant’s Remittances: Channeling Globalization Remus Gabriel Anghel, Matloob Piracha and Teresa Randazzo, 12. The Migration-Trade Nexus: Migration Provisions in Trade Agreements Sandra Lavenex and Flavia Jurje PART III THE REGIONAL DIMENSION OF MIGRATION 13. Regional Integration and Migration in the European Union. Simon McMahon 14. The Political Economy of Migration from the MENA Area Before and after the Arab Spring: The Case of Tunisia and Egypt Leila Simona Talani 15. Neoliberal Restructuring, Forced Migration and Unprotected Work in a Globalising Cairo: A Critical International Political Economy Perspective Roberto Roccu 16. Migration Policies, Migration and Regional Integration in North America Michael Samers 17. Regional Integration and Migration in Southeast Asia: The Rise of ‘Iskandar-Malaysia’. Elisabetta Nadalutti Index
£170.00
Edward Elgar Publishing Ltd Economic Crises and Policy Regimes: The Dynamics
Book SynopsisIn this innovative book, Hideko Magara brings together an expert team to explore both the possibilities and difficulties of transitioning from a neoliberal policy regime to an alternative regime through drastic policy innovations. The authors argue that, for more than two decades, citizens in developed countries have witnessed massive job losses, lowered wages, slow economic growth and widening inequality under a neoliberal policy regime that has placed heavy constraints on policy choices.The book explores, both theoretically and empirically, the possibility of transition to a new political economic paradigm by seeking feasible answers to questions such as: why has such a regime persisted for a long period of time despite its poor policy performance?; is it possible for democracy to overcome economic crisis through its electoral mechanisms?; and, under what conditions can each government convert crisis of its economy into growth? The book concludes that under different policy regimes, whether Keynesian or neoliberal, there are a variety of growth regimes, and economic performances will consequently vary considerably. The authors ultimately argue that policy innovations need not only political leadership but also the very creation of a new economic theory in order to break a critical juncture of economic stalemates.Economic Crises and Policy Regimes will appeal to policy makers and practitioners internationally and is an important resource for political scientists, economists and sociologists. Advanced students of comparative politics, comparative political economy and institutional economics will also find much to benefit them in this book.Contributors include: B. Amable, R. Boyer, L.C. Bresser-Pereira, N. Fujita, K. Fukuda, M. Ido, H.B. Im, H. Magara, A. Martinelli, H. Nishi, S. Palombarini, A. Przeworski, S. Sacchi, H. Shiratori, T. Yamada, Y. YanaiTable of ContentsContents: 1. Introduction: Growth, Crisis, and Regime Change Hideko Magara PART I: THEORETICAL EXPLORATIONS 2. Choices and Echoes: Stability and Change of Policy Regimes Adam Przeworski 3. The Hegemony Constraints in the Neoliberal Years of Capitalism Luiz Carlos Bresser-Pereira 4. Economic Crises and Growth Regimes Toshio Yamada 5. Varieties of Economic Growth Regimes, Types of Macroeconomic Policies and Policy Regimes: A Post-Keynesian Analysis Hiroshi Nishi 6. How do Polity and Economy Interact Within Régulation Theory? Consequences for Policy Regimes and Reform Strategies Robert Boyer PART II: SOCIAL COALITIONS AND ELECTIONS 7. The Bloc Bourgeois in France and Italy Bruno Amable and Stefano Palombarini 8. Political Response to Economic Crisis in 1997 and 2008 South Korea Hyug Baeg Im 9. In Search of a New Policy Regime: The Record of Democratic Party of Japan-led Governments Masanobu Ido 10. How do Economic Crises Affect Electoral Choices? Analyzing Voting Behavior in the British General Election of 2010 Yuki Yanai PART III: GLOBAL GOVERNANCE AND POLICY AREAS 11. A Political Analysis of the Global Financial Crisis: Implications for Crisis Governance Alberto Martinelli 12. The Global Economic Crisis and the Future of Labor Market Policy Regimes: Implications for Economic Governance in the European Union and Japan Koji Fukuda 13. Historical Evolution of Welfare Policy Ideas: The Scandinavian Perspective Nanako Fujita 14. Policy Choices and Socioeconomic Divides: Long-term Changes in Italy’s Democratic Quality Stefano Sacchi 15. Multilevel Policy Regimes, Political Cleavages and Party Systems: Horizontal and Vertical Transfer of Policies and its Effects Hiroshi Shiratori
£134.00
Boydell & Brewer Ltd British Imperialism and Globalization, c.
Book SynopsisExamining the domestic politics of imperial expansion these essays question the role of the Industrial Revolution and British imperial leadership beyond the issue of hierarchy and The Great Divergence. This volume brings together leading global economic historians to honour Patrick O'Brien's contribution to the establishment of global economic history as a coherent and respected field in the academy. Inspired by O'Brien's seminal work on the British Industrial Revolution as a global phenomenon, these essays expand the role of the Industrial Revolution and British imperial leadership beyond the issue of hierarchy and The Great Divergence. The change from the protective Atlantic empire, 1650-1850, to the free trade empire of the last half of the long nineteenth century is elaborated as are the conscious efforts of the free trade empire to develop markets and market economies in Africa. British domestic politics associated with the change and the continuation to the recent politics of Brexit are fascinatingly narrated and documented, including the economic rationale for imperial expansion, in the first instance. The narrative continues to the crises of globalization caused by the world wars and the Great Depression, which forced the free trade British Empire to change course. Further, the effects of the crises and the imperial reaction on the East African colonies and on New Zealand and Australia are examined. Given current concerns about the environmental impact of economic activities, it is noteworthy that this volume includes the environmental impact of globalization in India caused by the free trade policy of the British free trade empire.Trade ReviewThese essays offer a telling reminder of the material and structural forces that operated upon and within the British Empire in the long nineteenth century, and whose collective impact continue to shape our world. -- Douglas M. Peers * H-Albion *Table of ContentsContributors: Ralph A. Austen, Gareth Austin, Erik Green, Anthony Howe, Joseph E. Inikori, Prasannan Parthasarathi, Kenneth Pomeranz, Giorgio Riello, Tirthankar Roy and John Singleton. Introduction Joseph E. Inikori 1 From Adam Smith to Brexit: The Rise, Fall, and Revival of Free Trade in Britain, 1776-2016 Anthony Howe 2 Failure and the Industrial Revolution: The East India Companies' Procurement and the Rise of the British Cotton Textile Industry Giorgio Riello 3 Chinese Industrialization: Comparison and Connections as Real and Hypothetical Contexts for Understanding the Nineteenth-Century Global Economy Kenneth Pomeranz 4 British Imperialism and Globalization: British West Africa, 1821-1900 Joseph E. Inikori 5 "More and More One Cog in the World Economic Machine": Globalization, Development, and African Agency in British West Africa Gareth Austin 6 Globalization and the Rationality of Colonial Expansion: The British Empire and West Africa in the Nineteenth Century Ralph A. Austen 7 Window of Opportunities: The Great Depression, Protectionism, and the Rise of Profitable Settler Agriculture in Africa Erik Green 8 Labor and Environment in Nineteenth-Century Tamilnad, India Prasannan Parthasarathi 9 Imperialism, Globalization, and Inequality: The Indian Story Tirthankar Roy 10 The Quest for Security in New Zealand and Australia, 1930-1960 John Singleton
£76.00
Edward Elgar Publishing Ltd Handbook of the International Political Economy
Book SynopsisThe Handbook of the International Political Economy of Production offers a comprehensive, state-of-the-art overview of the changing world of global production. The book explores the topic in a range of directions, including the human material 'used' in production across the globe and alternatives proposed from different quarters.Chapters cover the geography of why and where jobs are moving in both manufacturing and services. The doubling of the world's available labor supply after the opening up of the planned economies in Europe and Asia has sharply tilted the balance of power towards giant corporations. Labor and the politics of work is analyzed in a number of key countries. Possible signs of a recovery of organized labor's negotiating power on this vastly expanded playing field are discussed in separate chapters, and a complete overview is provided of labour research networks currently active. This important volume addresses topics relating to the human and natural basis on which production rests, from the consequences of the exploitation of the body and mind to sex work, biotechnology, and the prospects for ecological re-balancing.Written by a team of authors from fourteen different countries and comprising some of the biggest names in contemporary social science as well as topical specialists, this Handbook will prove a critical resource to political economists at all levels, trade unionists and NGO activists in the labor and human rights sphere, politicians and journalists.Contributors: J. Baines, A. Bhattacharjee, M. Boyer, D. Bradanini, U. Brand, J. Chan, C.B.N. Chin, M. Davies, R. Delgado Wise, R. Desai, A. Fishwick, A. Freeman, S. Gindin, K. Gray, J.-C. Graz, Y. Gromyko, J. Harrod, O. Holman, R. Ihara, Y. Jang, S. Kay, D.T. Martin, S. McGrath, J. Merk, P. Moore, L. Panitch, M. Paterson, N. Pun, A. Roy, S. Sassen, M. Selden, B. Selwyn, G.M. enalp, Ö. enalp, W. Seppmann, B.J. Silver, K. Strauss, M. Wissen, J. WullweberTable of ContentsContents: Introduction: The World of Production and Political Economy Kees van der Pijl Acknowledgements Table of Contents PART I RESTRUCTURING THE GLOBAL POLITICAL ECONOMY Introduction to Part I 1. Labour, War and World Politics: Contemporary Dynamics in World-Historical Perspective Beverly J. Silver 2. Rethinking Production, Finance and Hegemonic Decline in IPE Leo Panitch and Sam Gindin 3. Innovation Policies and the Competition State–The Case of Nanotechnology Joscha Wullweber 4. The Political Economy of Global Labour Arbitrage Raúl Delgado Wise and David T. Martin 5. Apple’s iPad City: Subcontracting Exploitation to China Jenny Chan, Pun Ngai and Mark Selden 6. The Grapes of Wrath. Social Upgrading and Class Struggles in Global Value Chains Benjamin Selwyn 7. Global Outsourcing and Socialisation of Labour–the Case of Nike Jeroen Merk 8. Standardizing Services: Transnational Authority and Market Power Jean-Christophe Graz 9. Encumbered Behemoth: Wal-Mart, Differential Accumulation and International Retail Restructuring Joseph Baines 10. Beyond the BRICS—New Patterns of Development Cooperation in the Trans-Eurasian Corridor Yury Gromyko PART II. LABOUR AND THE POLITICS OF WORK Introduction to Part II 11. Look Back in Hope? Reassessing Fordism Today Radhika Desai 12. Paternalism, Taylorism, Socialism: The Battle for Production in the Chilean Textile Industry 1930-1973 Adam Fishwick 13. Trasformismo and the Defeat of the Left in Italy Davide Bradanini 14. Flexibilization of Labour in the European Union Otto Holman 15. Globalization and Japanese-style Management: Image and Changing Reality Ryoji Ihara 16. Work, Power and the Urban Poor. Jeffrey Harrod 17. Unfreedom and Workers’ Power: Ever-present Possibilities Siobhán McGrath and Kendra Strauss 18. The Race to the Bottom Halted? Passive Revolution and Workers’ Resistance in China Youngseok Jang and Kevin Gray 19. Bargaining in the Global Commodity Chain–The Asian Floor Wage Alliance Anannya Bhattacharjee and Ashim Roy 20. Twilight of the Machinocrats: Creative Industries, Design, and the Future of Human Labour Alan Freeman Appendix to Part II: Current Networks of Radical Labour Research Örsan Şenalp and Mehmet Gürsan Şenalp PART III. PRODUCTION, REPRODUCTION, NATURE Introduction to Part III 21. Tracking Bodies, the ‘Quantified Self’ and the Corporeal Turn Phoebe Moore 22. Production in Everyday Life: Poetics and Prosaics Matt Davies 23. Automobility: Culture, (Re-)Production, and Sustainability Matthew Paterson 24. Risk Capitalism, Crisis of Socialisation, and Loss of Civilisation Werner Seppmann 25. Servicing the World: Women, Transnational Migration and Sex Work in a Neoliberal Era Christine B. N. Chin 26. Molecular Biotechnologies: Insights on Production through the Lens of Reproduction Miriam Boyer 27. Alternatives to Agribusiness: Agro-ecology and the Peasant Principle Sylvia Kay 28. Strategies of a Green Economy, Contours of a Green Capitalism Ulrich Brand and Markus Wissen Conclusion: Emergent Predatory Logics Saskia Sassen Index
£222.00
Edward Elgar Publishing Ltd Neither Free Trade Nor Protection: A Critical
Book SynopsisNeither Free Trade Nor Protection provides a critical exploration of mainstream and alternative theories of international trade and presents original evidence of trade's consequences. It rejects the choice between openness and closure. Mainstream economists almost always support 'free trade' but their arguments for this are flawed and too often rely on a caricature of their opponents as simple-minded protectionists. Meanwhile, many critics successfully emphasize shortcomings of the orthodoxy but struggle to identify a more positive agenda, either seeing free trade as a desirable, if unachievable, end or equally simplistically blaming trade for international inequality. Both sides of the trade debate share much in terms of how they understand the objectives of national wealth and in how they overlook other economic processes and social questions. Bill Dunn's examination covers:- critical interrogation of both mainstream and heterodox theories- systematic evaluation of contemporary evidence- historical context- trade, restructuring and the crisis of the 2000s- economics as a social scienceWritten in plain English, this book will appeal to students, researchers and political activists alike. It is an indispensable resource to those seeking a deeper understanding of alternative approaches to the mainstream theories of trade and economics.Table of ContentsContents: 1. Introduction: Contesting the Conservative Antinomies of Trade Theory 2. The Making of World Trade 3. Free Trade Theory and its Critics 4. Market Imperfections and State Strategies 5. Marxism, Trade and the Limits of Radical Nationalism 6. Evaluating Trade and Growth 7. Factor Endowments, Trade and Growth 8. International Trade and Inequality within Countries 9. Trade Opening and the Decline of Industrial Action 10. Global Restructuring, Trade and the Crisis of 2007-09 11. Conclusions Index
£94.00
Edward Elgar Publishing Ltd Handbook of the International Political Economy
Book SynopsisCertainly one of the most inclusive books in international political economy, which successfully combines a strong and very innovative theoretical investigation with a wonderful diversity of case studies. The book is highly pedagogic and particularly meets the expectations of students and educated persons who are short of updated analysis in this field.'- Bertrand Badie, Sciences Po, FranceSince the 1990s many of the assumptions that anchored the study of governance in international political economy (IPE) have been shaken loose. Reflecting on the intriguing and important processes of change that have occurred, and are occurring, Anthony Payne and Nicola Phillips bring together the best research currently being undertaken in the field. They explore the complex ways that the global political economy is presently being governed, and indeed misgoverned.The Handbook is organized into two fresh and original parts. In Part I the authors advance their own distinctive understanding of the international political economy of governance and thus make important contributions to the next phase of scholarship. Considering four key themes, they reflect on the ideological foundations of governance, the levels at which governance is articulated, the actors involved in governance and the ethical questions associated with the subject.Part II addresses the patterns of governance that prevail in particular issue areas. Invited to consider their contributions in the light of the four framing themes set out in Part I, these prominent authors offer key insights into contemporary dynamics in a wide range of issue areas and consider how their insights can be mobilized in refreshing the study of governance.Covering all themes central to the field of politics, this extensive and detailed Handbook will be of great value to students of governance, political economy, international relations and development studies.Contributors: A. Baker, J. Brassett, B. Carey, P.G. Cerny, J. Clapp, L. Clegg, N. Dasandi, L. Elliott, A. Gamble, A. Geddes, S. Harman, C. Hay, M.J. Hoffmann, D. Hudson, P. Knorringa, F.W. Mayer, G. Menz, M. Moschella, V. Muzaka, P. Newell, A. Payne, N. Phillips, T. Porter, B. Richardson, J.-P. Thérien, J. True, E. Tsingou, G.R.D. Underhill, R. WilkinsonTrade Review‘This intellectually stimulating Handbook will appeal to anyone with an interest in the spheres of governance, international political economy (IPE), international relations (IR), and political science. . . . the editors promise to generate refreshed debates on governance in IPE through innovative research. Anyone who successfully makes it to the concluding chapter will be thoroughly satisfied that they do deliver on their promise. The volume is dense with detail on both historical and current governance debates, and leaves no stone unturned in its coverage of them. There is no doubt that the main objectives of the book are effectively accomplished. The Handbook of Political Economy on Governance is a celebration of outstanding scholarship and critical thinking. This volume is a must read for scholars in any of the sub-disciplines of IR and IPE who are interested in examining and reexamining common-sense assumptions not only in the realm of governance but other topical issue areas in their respective fields.’ -- Geneve Phillip, Caribbean Journal of International Relations & Diplomacy‘Certainly one of the most inclusive books in international political economy, which successfully combines a strong and very innovative theoretical investigation with a wonderful diversity of case studies. The book is highly pedagogic and particularly meets the expectations of students and educated persons who are short of updated analysis in this field.’ -- Bertrand Badie, Sciences Po, FranceTable of ContentsContents: Introduction: The International Political Economy of Governance Nicola Phillips and Anthony Payne PART I: THE INTERNATIONAL POLITICAL ECONOMY OF GOVERNANCE 1. Ideologies of Governance Andrew Gamble 2. Levels of Governance and their Interaction Colin Hay 3. Transnational Neopluralism and the Process of Governance Philip G. Cerny 4. The Ethical Dimensions of Global Governance James Brassett PART II: THE GOVERNANCE OF THE INTERNATIONAL POLITICAL ECONOMY 5. Flexible ‘G Groups’ and Network Governance in an Era of Uncertainty and Experimentation Andrew Baker and Brendan Carey 6. The International Monetary Fund and the Governance of International Surveillance Manuela Moschella 7. Private Actors in the Governance of Global Finance after the Global Crisis of 2008 Tony Porter 8. The Governance of the Global Financial Crisis in the Eurozone Geoffrey R.D. Underhill 9. The Governance of Money Laundering Eleni Tsingou 10. ‘Emerging’ Powers and the Governance of Global Trade Rorden Wilkinson 11. The Governance of Primary Commodities: Biofuel Certification in the European Union Ben Richardson 12. Food Price Volatility and Global Economic Governance Jennifer Clapp 13. The Global Governance of Development: Development Financing, Good Governance and the Domestication of Poverty David Hudson and Niheer Dasandi 14. The Governance of the World Bank Liam Clegg 15. The Role of the United Nations in the Governance of Development Jean-Philippe Thérien 16. Governing Intellectual Property Rights and Development Valbona Muzaka 17. Innovation and the Limits of Rebranded Privatisation in Global Health Sophie Harman 18. The Global Governance of Gender Jacqui True 19. Leveraging Private Governance for Public Purpose: Business, Civil Society and the State in Labour Regulation Frederick W. Mayer 20. Private Governance and Social Legitimacy in Production Peter Knorringa 21. The Governance of Migration Beyond the State George Menz 22. Migration in European Governance: The Constitution of a Transgovernmental Policy Field Andrew Geddes 23. The International Political Economy of Governing Carbon Peter Newell 24. Global Climate Governance Matthew J. Hoffmann 25. Governing the International Political Economy of Transnational Economic Crime Lorraine Elliott Conclusion: The Governance of the International Political Economy Anthony Payne and Nicola Phillips Index
£50.30
Edward Elgar Publishing Ltd Economic Security and Sino-American Relations:
Book SynopsisChina and the United States are at a crossroads. While their shared interest in economic prosperity and complementary economic strengths provide the common ground for industrial collaboration, there are increasing conflicts being brought on by increased attention to economic facets of national security. Economic Security and Sino-American Relations explores the evolving security agendas in the United States and China, examining the basis, nature and impact of evolving economic security agendas in both countries. Providing a framework for the analysis and consideration of the impact of economic security on industrial policy, this book looks at Sino-American industrial relations in terms of production relations, technology ties and structural integration. Examining how American and Chinese authorities are balancing conflicting economic security objectives as they pursue their complex policy agendas, as well as considering the basis of American and Chinese approaches to security, Kenneth Boutin shows how national and comprehensive economic security concerns are influencing Sino-American industrial relations. This book will be of interest to scholars of Sino-American relations and the political economy of security, as well as to students and scholars of international relations more generally.Table of ContentsContents: Preface 1. Introduction 2. Economic Security and Its Imperatives 3. China Constructs: Economic Security in the People’s Republic 4. America Leads: Economic Security in the United States 5. Manufacturing Security: Sino-American Production Relations 6. Developing Security: Technological Issues in Sino-American Relations 7. Structuring Economic Security: Sino-American Industrial Integration 8. Balancing Act: Economic Security and Sino-American Relations Bibliography Index
£88.00
Edward Elgar Publishing Ltd Handbook on Wealth and the Super-Rich
Book SynopsisFewer than 100 people own and control more wealth than 50 per cent of the world's population. The Handbook on Wealth and the Super-Rich is a landmark multidisciplinary evaluation of both the lives and lifestyles of the super-rich, as well as the processes that underpin super-wealth generation and its unequal distribution.Drawing on international case studies, leading experts from across the social sciences offer 22 accessible and coherently organized chapters, which critically analyse a range of topics including: the legitimacy of extreme wealth from a moral economic perspective biographies of illicit super-wealth London's housing markets how the very wealthy fly the environmental consequences of super-rich lives crafting immigration policies to attract the rich. Students and scholars studying a host of topics such as development studies, economics, geography, history, political science and sociology will find this book eminently engaging. It will also be of great interest to public commentators, charitable organizations and NGOs concerned with wealth and income distributions.Contributors: R. Atkinson, J.V. Beaverstock, L. Budd, R. Burrows, L. Crewe, A. Davison, A.D. Dixon, R. Forrest, D.R. Green, S. Hall, T. Hall, I. Hay, I. Kapoor, S.Y. Koh, G. Mangraviti, A. Martin, I.A. Osuoka, A. Owens, R. Palan, C. Paris, D. Rhodes, A. Sayer, P.G. Schervish, S. Schulz, J.R. Short, E. Spence, A. Watson, B. Wissink, M. Woods, A. ZalikTrade Review'All you ever wanted to know about the super-rich but were too embarrassed to ask - because we are not really supposed to talk that much about money, especially not about people with huge amounts of money, people who are so very far above us. Thankfully nearly three dozen scholars have decided to break the usual taboos and reveal all about our wealthiest of fellow human beings. Just what have they done for us, how did they get so rich, what is their individual carbon footprint and so much more. The new gilded age is coming to an end. It begins to end as we study those who live in the most gilded of cages, no longer in admiration but with great inquisitiveness, and accuracy.' --Danny Dorling, University of Oxford, UKVery highly recommended for both community and academic library reference collections, Handbook on Wealth and the Super-Rich will also prove to be of great interest to public commentators, charitable organizations, governmental policy makers, NGO activists, and the non-specialist general reader concerned with wealth and income distributions.' --The Midwest Book Review Table of ContentsContents: 1. ‘They’ve Never Had it so Good’: The Rise and Rise of the Super-Rich and Wealth Inequality Jonathan V. Beaverstock and Iain Hay 2. Reconsidering the Super-Rich: Variations, Structural Conditions, and Urban Consequences Sin Yee Koh, Bart Wissink and Ray Forrest PART I WEALTH, SELF AND SOCIETY 3. Historical Geographies of Wealth: Opportunities, Institutions and Accumulation, C.1800–1930 Alastair Owens and David R. Green 4. On Plutonomy: Economy, Power and the Wealthy Few in the Second Gilded Age Iain Hay 5. Interrogating the Legitimacy of Extreme Wealth: A Moral Economic Perspective Andrew Sayer 6. Billionaire Philanthropy: ‘Decaf Capitalism’ Ilan Kapoor 7. Making Money and Making a Self: The Moral Career of Entrepreneurs Paul G. Schervish 8. Taking Up Caletrío’s Challenge: Silence and the Construction of Wealth Eliteness in Jamie Johnson’s Documentary Film Born Rich Sam Schulz and Iain Hay 9. “One Time I’ma Show You How To Get Rich!” Rap Music, Wealth and the Rise of the Hip-Hop Mogul Allan Watson 10. Biographies of Illicit Super-Wealth Tim Hall PART II LIVING WEALTHY 11. Capital City? London’s Housing Markets and the ‘Super-Rich’ Rowland Atkinson, Roger Burrows and David Rhodes 12. The Residential Spaces of the Super-Rich Chris Paris 13. Reconfiguring Places – Wealth and the Transformation of Rural Areas Michael Woods 14. Performing Wealth and Status: Observing Super-yachts and the Super-rich in Monaco Emma Spence 15. Flights of Indulgence (Or How the Very Wealthy Fly): The Aeromobile Patterns and Practices of the Super-Rich Lucy Budd 16. Looking at Luxury: Consuming Luxury Fashion in Global Cities Louise Crewe and Amber Martin 17. The Luxury of Nature: The Environmental Consequences of Super-Rich Lives Aidan Davison PART III WEALTH AND POWER 18. Attracting Wealth: Crafting Immigration Policy to Attract the Rich John Rennie Short 19. Sovereign Wealth and the Nation-State Adam D. Dixon 20. Super-Rich Capitalism: Managing and Preserving Private Wealth Management in the Offshore World Jonathan V. Beaverstock and Sarah Hall 21. Troubling Tax Havens: Multi-Jurisdictional Arbitrage and Corporate Tax Footprint Reduction Ronen Palan and Giovanni Mangraviti 22. No Change There! Wealth and Oil Isaac ‘Asume’ Osuoka and Anna Zalik Index
£187.00
Edward Elgar Publishing Ltd Handbook of the International Political Economy
Book SynopsisIn this book, outstanding political economists provide wide-ranging and accessible essays on the global monetary system and its interaction with dynamic and crisis-prone financial markets. The essays are filled with fresh and well-articulated insights. This timely survey of an increasingly important field deserves a prominent place on the syllabi of graduate and advanced undergraduate courses in international political economy, global governance, and international finance.'- Louis W. Pauly, University of Toronto, Canada'Here is an intellectual feast for anyone interested in the political economy of international monetary and financial systems, served up by an impressive collection of experts. Students and specialists alike can gorge themselves on the many fascinating analyses of core issues and latest debates in the field. Highly recommended for anyone with an appetite to learn more about global money and finance.'- Eric Helleiner, University of Waterloo, CanadaThis extensive Handbook provides an in-depth exploration of the political economy dynamics associated with the international monetary and financial systems. Leading experts offer a fresh take on research into the interaction between system structure, the self-interest of private firms, the political institutions within which governments make policy, and the ideas that influence beliefs about appropriate policy responses. Crucially they also assess how these factors have shaped the political economy of various facets of monetary and financial systems.Organized into four comprehensive sections, the Handbook begins with a focus on the international system and explores how the distribution of power in the system shapes its structure and dynamics. The next section then considers the politics of exchange rate regime choice before analyzing current research on financial crises and financial regulation. Key questions are asked, such as: what drives financial crises and why do some economies suffer banking and currency crises while others do not? How does politics shape the central characteristics of the IMF s approach to crisis management? And how does change in the distribution of power in the international system change the structure of the global monetary and financial systems? The Handbook addresses these concerns and concludes with an examination of international governance, including the IMF and institutional reform in the post-crisis eurozone.This detailed Handbook brings together original contributions from some of the leading authorities in the field, making it an invaluable resource to academics and students of international relations, governance, and political economy.Contributors: L.E. Armijo, D.H. Bearce, G. Bird, P.G. Cerny, M. Chang, H.-k. Chey, E.M.P. Chiu, S. Cooper, J. Echeverri-Gent, K.A. English, Y.H. Ferguson, J. Grittersová, M.J. Lee, R.W. Mansbach, B. Momani, T. Oatley, T.B. Pepinsky, D. Rowlands, H. Schwartz, W.T. Selmier II, A.C. Sobel, S. Walter, H. Wang, T.D. Willett, W.K. Winecoff, K. Young, E. YujuicoTrade Review‘In this book, outstanding political economists provide wide-ranging and accessible essays on the global monetary system and its interaction with dynamic and crisis-prone financial markets. The essays are filled with fresh and well-articulated insights. This timely survey of an increasingly important field deserves a prominent place on the syllabi of graduate and advanced undergraduate courses in international political economy, global governance, and international finance.’ -- Louis W. Pauly, University of Toronto, Canada‘Here is an intellectual feast for anyone interested in the political economy of international monetary and financial systems, served up by an impressive collection of experts. Students and specialists alike can gorge themselves on the many fascinating analyses of core issues and latest debates in the field. Highly recommended for anyone with an appetite to learn more about global money and finance.’ -- Eric Helleiner, University of Waterloo, CanadaTable of ContentsContents: 1. The Political Economy of the International Monetary and Financial Systems Thomas Oatley and W. Kindred Winecoff PART I: STRUCTURE, POWER, AND THE GLOBAL FINANCIAL SYSTEM 2. Financial Roots of Hegemony, Cooperation, and Globalization Andrew C. Sobel 3. Political Economy of Currency Internationalization Hyoung-kyu Chey 4. The Political Economy of the Contemporary Dollar Standard Thomas Oatley 5. Global Imbalances and the International Monetary System Herman Schwartz 6. The Triffin Dilemma, the Lucas Paradox, and Monetary Politics in the 21st Century W. Kindred Winecoff 7. The Renminbi-Dollar Relationship: Politics and Economics of a Diminishing Issue Yale H. Ferguson 8. Absolute or Relative Gains? How Status Quo and Emerging Powers Conceptualize Global Finance Leslie Elliott Armijo and John Echeverri-Gent PART II: THE POLITICAL ECONOMY OF EXCHANGE RATES Core Theoretical Perspectives 9. Private Actor Exchange Rate Policy Preferences Stephanie Walter 10. Domestic Institutions and Exchange Rates David H. Bearce Regional Exchange Rate Systems 11. Exchange Rates In Transition Economies Jana Grittersová 12. Currency Unions in the Developing World Scott Cooper 13. The Political Economy of Exchange Rates in East Asia Hongying Wang PART III: GLOBAL FINANCE: CRISES AND REGULATION 14. Financial Crises and the Politics of Adjustment and Reform Thomas B. Pepinsky 15. Fixed Exchange Rate Regimes and Financial Markets as Sources of Macroeconomic Discipline Thomas D. Willett, Eric M.P. Chiu and Stefanie Walter 16. The Politics of Global Financial Regulation Kevin Young 17. Why Club Goods Proliferated in Investment Finance W. Travis Selmier II 18. Rethinking Financial Regulation: Risk, Club Goods, and Regulatory Fatigue Philip G. Cerny 19. The Gnomes of Zurich Meet the Dogs of War: Financial Leadership and Regulation, 1850–2013 Michael Lee PART IV: INTERNATIONAL MONETARY INSTITUTIONS 20. Financial Governance in a Globalizing World Richard W. Mansbach 21. IMF Programs: Participation, Implementation, and Effects Graham Bird and Dane Rowlands 22. In Lieu of an Anchor: The Fund and its Surveillance Function Bessma Momani and Kevin A. English 23. The EU and the Euro Michele Chang 24. Our (Gracious?) Benefactors: US, Japan, China and East Asian Monetary Relations Emmanuel Yujuico Index
£46.50
Edward Elgar Publishing Ltd Law and Economics of Immigration
Book SynopsisThis volume compiles influential and diverse readings on the timely subject of immigration. This collection includes work published by leading economists, as well as a number of important contributions made by influential legal scholars, with a focus on economic issues that are salient in debates over immigration policy. Professor Chang’s introduction not only explains the contribution that each reading makes to our understanding of immigration, but also surveys the literature more broadly, putting the selected readings in context.Trade Review‘It is almost impossible to underestimate the influence of economics upon immigration theory in today’s interconnected and globalized world. Howard F. Chang is one of the preeminent actors in this hybrid field of study, and has assembled a broad and deep cast in this volume, which usefully pulls together many studies and views. This will become an indispensable resource in the subject, as well as a detailed map of this important and growing academic area.’ -- Michael A. Olivas, University of Houston Law Center, USTable of ContentsContents; Acknowledgements Introduction Howard F. Chang PART I THE ECONOMIC BENEFITS OF LABOUR MIGRATION 1. Jonathon W. Moses and Bjørn Letnes (2004), ‘The Economic Costs to International Labor Restrictions: Revisiting the Empirical Discussion’, World Development, 32 (10), October, 1609–26 2. Michael A. Clemens (2011), ‘Economics and Emigration: Trillion-Dollar Bills on the Sidewalk?’, Journal of Economic Perspectives, 25 (3), Summer, 83–106 3. George J. Borjas (1995), ‘The Economic Benefits from Immigration’, Journal of Economic Perspectives, 9 (2), Spring, 3–22 PART II THE IMPACT OF IMMIGRATION IN THE LABOUR MARKET A Inferences from Cross-Section Data on Local Labour Markets 4. Jean Baldwin Grossman (1982), ‘The Substitutability of Natives and Immigrants in Production’, Review of Economics and Statistics, 64 (4), November, 596–603 5. George J. Borjas (1994), ‘The Economics of Immigration’, Journal of Economic Literature, XXXII (4), December, 1667–717 6. Rachel M. Friedberg and Jennifer Hunt (1995), ‘The Impact of Immigrants on Host Country Wages, Employment and Growth’, Journal of Economic Perspectives, 9 (2), Spring, 23–44 7. David Card (1990), ‘The Impact of the Mariel Boatlift on the Miami Labor Market’, Industrial and Labor Relations Review, 43 (2), January, 245–57 8. David Card (2001), ‘Immigrant Inflows, Native Outflows, and the Local Labor Market Impacts of Higher Immigration’, Journal of Labor Economics, 19 (1), January, 22–64 B Models of the National Labour Market 9. George J. Borjas (2003), ‘The Labor Demand Curve is Downward Sloping: Reexamining the Impact of Immigration on the Labor Market’, Quarterly Journal of Economics, 118 (4), November, 1335–74 10. David Card (2009), ‘Immigration and Inequality’, American Economic Review: Papers & Proceedings, 99 (2), May, 1–21 11. Gianmarco I.P. Ottaviano and Giovanni Peri (2012), ‘Rethinking the Effect of Immigration on Wages’, Journal of the European Economic Association, 10 (1), February, 152–97 12. George J. Borjas, Jeffrey Grogger and Gordon H. Hanson (2012), ‘Comment: On Estimating Elasticities of Substitution’, Journal of the European Economic Association, 10 (1), February, 198–210 C Imperfect Substitution between Immigrants and Natives 13. Patricia Cortes (2008), ‘The Effect of Low-Skilled Immigration on U.S. Prices: Evidence from CPI Data’, Journal of Political Economy, 116 (3), June, 381–422 14. Giovanni Peri and Chad Sparber (2009), ‘Task Specialization, Immigration, and Wages’, American Economic Journal: Applied Economics, 1 (3), July, 135–69 D Female Labour Supply and the Excess Burden of Protectionism 15. Howard F. Chang (2009), ‘Immigration Restriction as Redistributive Taxation: Working Women and the Costs of Protectionism in the Labor Market’, Journal of Law, Economics and Policy, 5 (1), Spring, 1–29 16. Patricia Cortés and José Tessada (2011), ‘Low-Skilled Immigration and the Labor Supply of Highly Skilled Women’, American Economic Journal: Applied Economics, 3 (3), July, 88–123 PART III THE FISCAL IMPACT OF IMMIGRATION 17. Panel on the Demographic and Economic Impacts of Immigration, National Research Council (1997), ‘The Future Fiscal Impacts of Current Immigrants’, in James P. Smith and Barry Edmonston (eds), The New Americans: Economic, Demographic, and Fiscal Effects of Immigration, Chapter 7, Washington, DC: National Academy Press, 297–362 PART VI IMMIGRATION LAW AND REFORM A Analysing the Effects of Immigration Laws and Proposing Reforms 18. Sherrie A. Kossoudji and Deborah A. Cobb-Clark (2002), ‘Coming out of the Shadows: Learning about Legal Status and Wages from the Legalized Population’, Journal of Labor Economics, 20 (3), July, 598–628 19. Howard F. Chang (1998), ‘Migration as International Trade: The Economic Gains from the Liberalized Movement of Labor’, UCLA Journal of International Law and Foreign Affairs, 3, 371–414 20. Michael J. Trebilock (2003), ‘The Law and Economics of Immigration Policy’, American Law and Economics Review, 5 (2), August, 271–317 21. Anu Bradford (2013), ‘Sharing the Risks and Rewards of Economic Migration’, University of Chicago Law Review, 80 (1), Winter, 29–56 22. Howard F. Chang (2007), ‘Cultural Communities in a Global Labor Market: Immigration Restrictions as Residential Segregation’, University of Chicago Legal Forum, 2007, 93–130 B Economic Accounts of Immigration Laws and Institutions 23. Adam B. Cox and Eric A. Posner (2009), ‘The Rights of Migrants: An Optimal Contract Framework’, New York University Law Review, 84 (6), December, 1403–63 24. Alan O. Sykes (2013), ‘International Cooperation on Migration: Theory and Practice’, University of Chicago Law Review, 80 (1), Winter, 315–39
£384.00
Edward Elgar Publishing Ltd Elgar Companion to Hayekian Economics
Book SynopsisThe Elgar Companion to Hayekian Economics provides an in-depth treatment of Friedrich August von Hayek's economic thought from his technical economics of the 1920s and 1930s to his broader views on the spontaneous order of a free society. Taken together, the chapters show evidence both of continuity of thought and of significant changes in focus.Providing a thorough and balanced account of Hayek's work, the authors examine his wide-ranging contribution to thought in the areas of business cycles, socialism and trade unions and the socialist calculation debate, as well as social justice, spontaneous order, globalization and free trade. The authors provide enlightening comparisons between Hayek's views and those of Ludwig von Mises, Ludwig M. Lachmann, Milton Friedman and John Maynard Keynes.Scholars working in the classical liberal tradition as well as academic economists and political scientists will find this in-depth account to be an invaluable resource.Contributors: R.E. Backhouse, C.W. Baird, P.J. Boettke, E. Colombato, C.J. Coyne, R.M. Ebeling, R.W. Garrison, S.G. Horwitz, P.T. Leeson, P. Lewin, P. Lewis, R. Nef, D. O'Brien, M. Pennington, M. Ricketts, C. Smith, G.R. SteeleTable of ContentsContents List of Contributors Tribute to Norman Barry Martin Rickets 1. Introduction Roger W. Garrison 2. Hayek in the History of Economic Thought Denis O’Brien 3. Hayek and Economic Theory in the 1930s Martin Ricketts 4. Hayek’s Pure Theory of Capital Gerald R. Steele 5. Hayek and Keynes Roger E. Backhouse 6. Hayek and Friedman Roger W. Garrison 7. Hayek and Mises Richard M. Ebeling 8. Hayek and Lachman Peter Lewin 9. Hayek: From Economics as Equilibrium Analysis to Economics as Social Theory Paul Lewis 10. Hayek and Spontaneous Order Craig Smith 11. Hayek on Socialism Mark Pennington 12. Hayek vs. the Neoclassicists: Lessons from the Socialist Calculation Debate Peter J. Boettke, Christopher J. Coyne, Peter T. Leeson 13. Spontaneous Order, Free Trade and Globalization Steven G. Horwitz 14. Hayek on Labor Unions Charles W. Baird 15. Hayek on Economic Policy (the Austrian Road to the Third Way) Enrico Colombato 16. What Remains of Hayek’s Critique of ‘Social Justice’? Twenty Propositions Robert Nef Index
£44.60
Edward Elgar Publishing Ltd Handbook of the International Political Economy
Book SynopsisThis Handbook offers a comprehensive overview of the latest research from leading scholars on the international political economy of energy and resources. Highlighting the important conceptual and empirical themes, the chapters study all levels of governance, from global to local, and explore the wide range of issues emerging in a changing political and economic environment. The original contributions analyse energy as a highly complex, interconnected policy area, including how energy markets and regimes are constituted and the governance institutions that are being designed to challenge existing establishments. A number of contributors focus on intersections between energy and other policy fields or sectors, or nexes. These include the climate change, energy and low carbon transitions nexus; the food, water and forestry nexus; the energy, resources and development nexus, and the global?national?local nexus in energy. Significantly, this Handbook ties the contributions together by exploring opportunities for sustainable transitions and avoiding resource scarcity whilst taking other social needs, such as development, into account.This Handbook will be an essential resource for scholars and students of international political economy, governance and development studies as it covers: the environment, development, human rights, global production, energy transitions and energy security.Contributors include: L. Baker, T. Boersma, J. Britton, E. Brutschin, J. Burton, A.A. Camba, R. Falkner, T. Foxon, C. Fraune, A. Goldthau, D. Gritsenko, A. Hira, R. Hiteva, L. Hughes, J. Jewell, M.F. Keating, C. Kuzemko, A. Lawrence, F. Lira, A. Losz, K. Lovell, H.E.S. Nesadurai, M. Nilsson, S. Onder, R. Quitzow, S. Raszewski, W.B. Renfro, J. Sharples, N. Sitter, M. Skalamera, B.K. Sovacool, C. Strambo, J. WilsonTrade Review'In the age of the Sustainable Development Goals, we can no longer afford to view energy in isolation from other resource ecologies, politics and economies. Covering a wide range of regions and sectors over 26 chapters, this Handbook provides a comprehensive and invaluable review of energy as a complex and contested terrain that intersects and overlaps with all areas of global politics in ways that can and should inform our understanding of international political economy. I highly recommend it.'> --Peter Newell, University of Sussex, UK'Edward Elgar's Handbooks of Research on International Political Economy series has been providing an ambitious resource to scholars and teachers of IPE for over two decades now, and this volume maintains this fine tradition. This is a wide-ranging and timely summation of where and how energy and natural resources affect our common global political economy. Get your library to order it so you too can use it now!' --Randall Germain, Carleton University, Canada'This Handbook is a highly valuable addition to recent scholarly advancement into the political economy of energy. It stands out by its innovative perspective of combining the theoretical approaches of international political economy and global public policy for the purpose of identifying nexus thinking - the analysis of the intersection between energy and other policy sectors. From this, the book provides a myriad of empirical studies over 26 chapters which really brings home the message of how manifold and multi-faceted the present political economy of energy has become.' --Dag Harald Claes, University of Oslo, NorwayTable of ContentsContents: 1. Nexus-thinking in International Political Economy: What energy and natural resource scholarship can offer international political economy Caroline Kuzemko, Michael F. Keating and Andreas Goldthau Part I Overviews, Theories and Concepts 2. Conceptualizing the Energy Nexus of Global Public Policy and International Political Economy Andreas Goldthau and Nick Sitter 3. Advancing the International Political Economy of Climate Change Adaptation: Political Ecology, Political Economy and Social Justice Benjamin K. Sovacool 4. The Resource Nationalist Challenge to Global Energy Governance Jeffrey D. Wilson 5. A Gendered Perspective on Energy Transformation Processes Cornelia Fraune 6. Climate Change, International Political Economy and Global Energy Policy Robert Falkner Part II Climate Change, Energy and Low-Carbon Transitions 7. The Politics of Procurement and the Low-Carbon Transition in South Africa Lucy Baker and Jesse Burton 8. The Energy Union: A coherent policy package? Claudia Strambo and Måns Nilsson 9. The Political Economy of Low Carbon Infrastructure in the UK Ralitsa Hiteva, Tim Foxon and Katherine Lovell 10. The New International Political Economy of Natural Gas Tim Boersma and Akos Losz 11. Europe’s Largest Natural Gas Producer in an Era of Climate Change: Gazprom Jack D. Sharples 12. Energy Development in the Arctic: Resource Colonialism Revisited Daria Gritsenko Part III Energy, Resources and Development 13. Transnational Private Regulation and the Global Governance of Palm Oil Sustainability: From Roundtable on Sustainable Palm Oil Certification to the Palm Oil Innovation Group/No-Deforestation Standard Helen E. S. Nesadurai 14. International Political Economy and the Global Governance of Hydroelectric Dams Michael F. Keating 15. Managing the Use of Natural Resources: How Ecosystem Accounts Helped in the Philippines Stefanie Onder 16. How Can Climate Justice and Energy Justice Be Reconciled? Andrew Lawrence 17. The Politics of Resistance in the Neoliberal Mining Regime Alvin A. Camba 18. Food for Fuels? Examining the Issue of Trade-Offs between Energy and Food Anil Hira 19. Emerging Economies and Energy: The Case of Turkey Slawomir Raszewski Part IV Scale: Transnational, National, Local 20. Low-Carbon Technologies, National Innovation Systems, and Global Production Networks: The State of Play Llewelyn Hughes and Rainer Quitzow 21. An International Political Economy of Climate Change Benchmarking: Energy Standard Setting, Responses and Challenges Caroline Kuzemko 22. Energy Trends, Political Economy, and International Order: The United States and the People’s Republic Wesley B. Renfro 23. International Political Economy of Nuclear Energy Elina Brutschin and Jessica Jewell 24. The Domestic Factor in the International Political Economy of Eurasian Gas Trade Morena Skalamera 25. Between Global Aspirations and Domestic Imperatives: The Case of Brazil Flavio Lira 26. Localising Energy: Heat Networks and Municipal Governance Jessica Britton Index
£182.00
Edward Elgar Publishing Ltd National Economic Impact Analysis of Terrorist
Book SynopsisThe NIEMO development effort is as ambitious as any in regional science. In addition to immense data handling issues faced are the numerous conceptual and theoretical hurdles these researchers have cleared so adeptly. The volume's chapters present many of the critical areas of analysis to which analytical frameworks like NIEMO can be put, and demonstrate what can be accomplished when a group of dedicated scholars focus their collective energy on the development of computational models of complex social systems.'- Randall Jackson, Director, Regional Research Institute, West Virginia University, USThe United States has encountered increasing levels of terrorist activity and a number of significant natural disasters in this millennium, a pattern which has also occurred globally. There has been a degree of uncertainty over their impact on the national economy.A unique contribution towards mitigation is offered in this book, which develops a national economic impact model to estimate the effects of simulated terrorist attacks and real world natural disasters on individual US States and economic sectors. The model, NIEMO (The National Interstate Economic Model), examines interindustry relationships and interregional trade, and presents a multiregional input-output analysis of the economic impact resulting from these events.Students and researchers in regional science, planning, economics and geography will find this book offers an informative perspective. Practitioners, policy makers and general readers interested in public policy issues will appreciate the insights.Contributors include: J. Cho, P. Gordon, B. Lee, J.E. Moore II, Q. Pan, C. Park, J. Park, H.W. Richardson, M. SonTrade Review‘The NIEMO development effort is as ambitious as any in regional science. In addition to immense data handling issues faced are the numerous conceptual and theoretical hurdles these researchers have cleared so adeptly. The volume’s chapters present many of the critical areas of analysis to which analytical frameworks like NIEMO can be put, and demonstrate what can be accomplished when a group of dedicated scholars focus their collective energy on the development of computational models of complex social systems.’ -- Randall Jackson, Director, Regional Research Institute, West Virginia University, USTable of ContentsContents: Introduction Harry W. Richardson and JiYoung Park 2. National Interstate Economic Model (NIEMO) JiYoung Park and Harry W. Richardson 3. Bridge and Tunnel Closures (TransNIEMO) JiYoung Park, Harry W. Richardson, Peter Gordon, James E. Moore II, Qisheng Pan, and Joongkoo Cho 4. Theme Parks Harry W. Richardson, JiYoung Park, Peter Gordon, James E. Moore II and Qisheng Pan 5. An Attack on the Airline System JiYoung Park, Harry W. Richardson, Peter Gordon and James E. Moore II 6. A Stadium Attack Bumsoo Lee, Peter Gordon, James E. Moore II and Harry W. Richardson 7. International Border Closures JiYoung Park, Peter Gordon, Harry W. Richardson and James E. Moore II 8. A Foot-and-mouth Epidemic Bumsoo Lee, Peter Gordon, Harry W. Richardson, JiYoung Park, James E. Moore II and Qisheng Pan 9. The Economic Impacts of Hurricanes Katrina and Rita on the Oil and Port Sectors JiYoung Park, Harry W. Richardson, Qisheng Pan, Peter Gordon and James E. Moore II 10. The Gulf Oil Spill (FlexNIEMO) JiYoung Park, Harry W. Richardson, Peter Gordon, James E. Moore II and Qisheng Pan 11. The Joplin Tornado of 2011 Harry W. Richardson, JiYoung Park, Peter Gordon, Qisheng Pan and James E. Moore II 12. Hurricane Sandy JiYoung Park, Harry W. Richardson, ChangKeun Park and Minsu Son 13. West Coast Ports Shutdown JiYoung Park, Peter Gordon, James E. Moore II and Harry W. Richardson 14. Extension of the Panama Canal JiYoung Park, ChangKeun Park and Harry W. Richardson 15. Conclusions Harry W. Richardson and JiYoung Park Index
£111.00