Political economy Books

Book SynopsisConstitutional political economy applies an economic approach to the analysis of constitutional choice. Initially, research clearly leaned towards legitimizing the state and its actions. However, the transitions taking place in Central and Eastern Europe have made apparent the necessity to improve our knowledge of the working properties of alternative constitutional rules, thus stressing the importance of positive analysis. The authors analyse both the opportunities and dangers of importing constitutions from around the world into this area.The papers assembled in this volume deal with the question of what individual transition processes have taught us in terms of constitution-building. The book contains analyses of post 1989 constitutional developments in the countries of Central and Eastern Europe from the perspectives of varied disciplines; including academics, politicians and the judiciary.Constitutions, Markets and Law will be welcomed by scholars of transition studies and political economists as well as practitioners of, and academics with an interest in, constitutional law.Trade Review'Studies such as these, which allow a better understanding of the relationship between law and economics deserve to be widely welcomed.' -- The Commonwealth LawyerTable of ContentsContents: Preface Introduction 1. What Belongs in a Constitution? 2. Comment by Horst Hegmann 3. On the Relationship Between State and Economy in Transformation 4. Comment by Mark Oelmann 5. The Demand for Constitutional Law 6. Comment by Ivan Baron Adamovich 7. Some Remarks on the Separation of Powers in the Polish Constitution 8. Invisible Contexts, Invisible Constraints. The Limits of the Normative Explanation of Constitutional Change 9. Market-making as State-making. Constitutions and Economic Development in Post-communist Eastern Europe 10. Comment by Claus Offe 11. Are ‘Western’ Constitutions Relevant to Anything Other than the Countries they Serve? 12. Comment by Stephan Panther 13. On Implicit Constitutional Change 14. Comment by Frank Bönker 15. On the Delegation of Powers – with Special Emphasis on Central and Eastern Europe 16. Comment by Gerard C. Rowe 17. Constitutionalism Beyond the Nation State 18. Comment by Anne van Aaken 19. Constitutions in Transition Index

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Book SynopsisIn the year 2000, European Union governments announced a long-term strategic commitment to transform the European economy into the most competitive, dynamic, knowledge-based economy in the world. Technology is an integral part of the new economy and of the EU's strategy for economic development. This book deals with the development of infrastructure in the mobile communications, transport, space and radio sectors. It sets out to explain the conditions under which the EU, and in particular the European Commission, makes policy choices to support large-scale technology infrastructures, and why EU political intervention in seemingly similar infrastructure projects varies. Answering this question will provide insights into the political economy underpinning the ambitions to transform the European economy into the most competitive in the world.This study of EU political intervention in support of advanced technology will be a fascinating read for advanced students and academic researchers of international political economy, international affairs and political science. Competition for Technological Leadership will also appeal to journalists, policymakers and analysts with a special interest in EU high technology policy.Trade Review'Discussing an extremely interesting and up-to-date topic in a very logical and clear structure and an excellent style, this work can be recommended not only to academic and field experts as well as to students, but also to anybody interested in the policy making of the European Union.' -- Zsuzsa Deli, Acta Oeconomica'Europe is moving assertively to establish itself as global leader in 21st century technologies. Why does the European Union support certain technologies and not others? How do decision-makers balance national priorities, EU ambitions, and global market pressures? Johan Lembke explains clearly how the EU seeks to advance its competitive position in key leading edge technologies, and how such sectors test Europe's ability to become a more coherent and effective global player. His study provides keen insights into the EU's evolving international role, and is a welcome contribution to the literature on political economy.' -- Daniel Hamilton, Johns Hopkins School of Advanced International Studies and American Consortium on EU Studies, US'A detailed and highly readable analysis of contemporary EU policy initiatives for high technology. Focusing on three cutting edge sectors - satellite navigation, mobile internet and digital radio - Johan Lembke recounts a story that should be read by anyone with an interest in European political economy and global competitive dynamics.' -- Thomas C. Lawton, Imperial College Management School, University of London, UK'This thoroughly researched and theoretically informed study helps us to understand how the EU makes key policy choices to support cutting edge technology and why support for seemingly similar projects varies.' -- Wyn P. Grant, University of Warwick, UKTable of ContentsContents: Preface 1. Introduction 2. Analytical Framework 3. EU Strategy for Satellite Navigation 4. Galileo: Europe’s Response 5. The EU Strategy for Wireless Internet 6. Globalization, Strategy and Technology 7. Digital Radio in Europe 8. Concluding Evaluation References Index

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Book SynopsisIn this book, the authors outline how policymakers in advanced countries have moved away from exclusive reliance on the public sector in social service delivery, towards a more multi-faceted approach that seeks to combine the strengths of public agencies, private firms and voluntary organizations. This development raises interesting and complex questions concerning the comparative advantages of these respective groups in the delivery of goods and services. The Political Economy of the Voluntary Sector adopts a comparative institutions approach to assess the strengths and weaknesses of the government, market and voluntary sectors as alternative instruments for implementing social and economic policies. The authors examine existing market failure, government failure and supply-side models of non-profit organizations before proposing a new leadership theory of the voluntary sector. They then explore the interface between the voluntary sector and the development of social capital. The book culminates in an investigation of appropriate public policy approaches towards the voluntary sector. This book will be warmly welcomed by academics, students, and researchers working on alternative methods of public policy program delivery, primarily from the disciplines of economics, political science and public administration. Practitioners drawn from the public and voluntary sectors, as well as public policymakers in governments from around the world, will also find this accessible book of great interest.Trade Review'By posing the questions which economists might ask as they study the voluntary sector the authors have produced an innovative and useful piece of work which will contribute to the now considerable literature on voluntary organisations and to the current debate on how the welfare state should be reformed.' -- Citizen's Income'This book provides a superb review of the literature on nonprofit organizations and extends the boundaries of our knowledge in a substantial and novel way. In particular, Dollery and Wallis provide a seminal analysis of public policy alternatives on the voluntary sector. The book represents a "must read" for all scholars, practitioners, students and policymakers interested in nonprofit organizations.' -- Andrew Worthington, Queensland University of Technology, Australia'Dollery and Wallis have done it again, having presented the complex ideas of a very eclectic field into a comprehensible and eminently readable form. In addition, the policy implications they draw from the existing literature answer a much needed call for direction and rationale for the various tax breaks, subsidies and other tools at the disposal of politicians with regard to NPOs. This book not only presents a comprehensive picture of the issues involved and approaches to understanding the voluntary sector, but serves as a stepping stone to expand the frontier of this important, but still nascent field. A must read for anyone serious about policy towards NPOs.' -- Craig Parsons, Yokohama National University, JapanTable of ContentsContents: Preface 1. Introduction 2. Voluntary Organizations as a Response to Market Failure and Government Failure 3. Supply-side Theories of Nonprofit Organizations 4. Leadership and Nonprofit Organizations 5. Social Capital and the Voluntary Sector with Paul Killerby 6. Public Policy Approaches to the Voluntary Sector 7. Public Policy Toward the Voluntary Sector 8. Conclusion References Index

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Book SynopsisThis distinguished collection of Dennis Mueller's papers discusses the economic challenges faced as a result of events in the latter third of the twentieth century; the formation of the European Union, the collapse of Communism in East Europe, and the deregulation and privatization movement that spread from North America to Europe and then across the rest of the world. The book explores the design of political institutions and the functioning of economies, and goes on to prescribe the types of fiscal and competition policies that are required as we enter the twenty-first century, posing questions such as: What should a new democracy's constitution comprise? Should the European Union be organized as a federal system? What should a global competition policy consist of? Academics specializing in public choice theory, political economy, and industrial organization will warmly welcome this outstanding volume, as will those with an interest in globalization and the European Union.Trade Review'Mueller is, of course, a prominent public choice scholar, indeed he is a past president of the Public Choice Society. He is also, however, an expert on antitrust law and its economic implications. Both of these areas are covered in the book and in both areas he makes a significant contribution. Some of these articles have been published before, but sometimes in major journals and sometimes in highly specialized journals. In my case, I had read the articles in the main journals before but they well repaid rereading. The articles published in the specialized journals were new to me as were of course the articles which had never been published before. Altogether, it is a major contribution to both public choice and antitrust economics. Living as he does in Europe but with a strong American background, professor Mueller is particularly interested in the current expansion of the Common Market. His ability to apply both the economics of antitrust and the economics of public choice to this area, means that his contribution is significant. I can honestly recommend the book to not only people in those two fields, but to the general scholar who is interested in developments in Europe in general. I learned a good deal from reading it and I'm sure that other readers will do the same.' -- Gordon Tullock, George Mason University, US'Dennis Mueller has a profound understanding of the rules by which the market and the government are organized. An American by education and a European by choice, he is especially qualified to evaluate the proposed EU constitution. Anyone who has an opportunity to advise or comment on this proposed constitution would increase the prospects for a more perfect European Union by understanding the Mueller articles on constitutional processes in this volume.' -- William Niskanen, The Cato Institute, US'Dennis Mueller's Capitalism and Democracy is an outstanding addition to Elgar's Economists of the Twentieth Century series. Over a distinguished and remarkably productive scholarly career, Professor Mueller has made major contributions to the literatures of industrial organization, public choice and constitutional economics. Collected herein is a vital sample of his recent work, comprising journal articles and book chapters published since 1996, along with two previously unpublished papers, in which Mueller brings his deep learning and analytical talents to bear on some of the critical challenges confronted by political and economic institutions in an increasingly interdependent new world order. Ranging widely across the United States, Asia and Europe, Mueller explores, in rational-choice perspective, how the relationships between the individual and the state are now being shaped, for good or ill, by national and international responses to the opportunities opened by the collapse of communism and to the limits imposed by emergent global integration, paying special attention to the implications of these events for centralized versus federal government structures, tax policy and competition policy. Capitalism and Democracy is a capstone volume of enormous value to economists, political scientists and, not least, the members of the body engaged in writing a new constitution for the European Union.' -- William F. Shughart II, University of Mississippi, US'In this collection of papers, a noted public choice scholar applies his insights and wisdom to the important changes in political and economic organization that have taken place across the world over the last third of the twentieth century. I know of no better source of intelligent discussion of these issues and their implications for the future. Dennis Mueller has done us all a favor by putting this work under one cover.' -- Robert D. Tollison, Clemson University, USTable of ContentsContents: Introduction Part I: Challenges Part II: Constitutional Processes Part III: Tax and Subsidy Responses Part IV: Competition Policy Responses Index

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Book SynopsisAnalytical Transport Economics opens with a critical examination and overview of the scope of transport economics. Next, the production of transport, travel demand, transport externalities and transport markets are thoroughly analysed. The distinguished group of contributors then examine transport policy, both regarding infrastructure and transport markets. Specific attention is paid to the role of government after deregulation and to the transport policy of the European Union. Transport infrastructure is also analysed in view of its effects on the wider economy. Finally, the role of transport in a number of more specific situations is considered, that is in an urban environment, in transitional economies and in developing economies. This book is a considerably revised version of the well-received European Transport Economics (1993), described as 'A book every transport scientist should have in his possession' - Professor Eddy Van de Voorde, University of Antwerp, Belgium. There are a number of new chapters, a few that had lost their usefulness over time have been omitted, and others have been thoroughly revised and updated. With its strong international focus, academics and advanced students of economics, transport economics and public policy as well as policymakers within government and private enterprise will find this book essential reading.Trade Review'The book is a coherent and well-structured sequence of expositions. It is comprehensive in its coverage of analytical approaches and issues . . . The contributions have been carefully edited and cross-referenced, and should be accessible to a wide audience. The key analytical, empirical and policy research issues currently facing the discipline are flagged throughout. The result is an impressive volume that contributes much to the academic and policy-oriented literature in transport.' -- Aisling Reynolds-Feighan, Papers in Regional Science'. . . the book will be found to be most useful to advanced students.' -- International Journal of Transport EconomicsTable of ContentsContents: Preface Part I: Introduction 1. A Perspective of Transport Economics Part II: Households and Markets in Transport 2. Transport Production and the Analysis of Industry Structure 3. Travel Demand 4. External Effects of Transport 5. Imperfect Competition in Transport Markets Part III: Infrastructure 6. Transport Infrastructure: The Investment Problem 7. Transport Infrastructure: The Problem of Optimum Use 8. Transport Infrastructure and Regional Development Part IV: Policy 9. Transport Policy 10. Transport Policy in the European Union Part V: Some Special Cases 11. Urban Transport 12. Transport in Economies in Transition 13. The New Economics of Sustainable Transport in Developing Countries: Incentives and Institutions Bibliography Index

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Book SynopsisThis highly topical book discusses the potential enlargement of the EU to embrace the countries of Central and Eastern Europe and the enormous challenges, opportunities and threats this poses for parties on both sides. Understanding of the diversity of the issues raised, even by an experimental expansion, is limited and rarely extends beyond the concerns voiced in a particular policy arena. This volume brings together contributions from specialists across the spectrum of the social sciences who consider the possible outcomes of expansion per se. The authors consider the countries to which membership might rationally be extended, and discuss the future of a Union that continues to be exclusive, but which must advance in the context of the overall march of globalisation. The contributions from numerous disciplines are complementary and include both macro- and micro perspectives.EU Expansion to the East is designed to be accessible to all scholars of European affairs, as well as those interested in transition and policymakers at national, regional and local levels.Trade Review'. . . a useful contribution as secondary reading on a variety of university courses, as well as interesting a more general readership.' -- Kenneth Button, Annals of Regional ScienceTable of ContentsContents: Preface 1. Towards a United Europe? 2. Monetary Union and Eastward Expansion of the EU 3. France, Germany and the Eastwards Expansion of the EU: Towards a Common Ostpolitik 4. Integrating the ‘New’ Europe: What Role (if any) Does CEFTA Have? 5. Storming the Fortress: The External Border Regime in an Enlarged Europe 6. EU Expansion to the East: The Problem of Agriculture 7. Social Europe East and West 8. Regional Development and EU Enlargement 9. The Changing Role of Border Regions in Central and Eastern Europe 10. EU Accession: The Polish Case 11. Enlargement to the East: Romania 12. European Order, Global Governance and the Liberal Peace Index

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Book SynopsisGlobal Control aims to achieve a clearer understanding of the long process of globalization by focusing on the crucial role of information and control technologies. Information systems and control technologies are key to globalization and, while generally facilitating the overall trend to spatial reorganization, they also effect change through the pervasive influence of 'internal systems logic'. Thus, the author argues, the dominant institutions of states, firms and markets transform global development and are themselves transformed by key information technologies. More specifically the book identifies the key phases of modern globalization and analyses the crucial role played by different information technologies at each point in time.Peter McMahon uses theory in political economy with writing on technological developments, and also combines cutting edge theory with historical evidence which provides a new explanation of the last two and a half centuries of global development.This unique book will be of great interest to academics and researchers of political economy, globalization, innovation and science as well as international business scholars.Trade Review'McMahon gives us a cogent history of information systems as means of control essential to recurrent cycles of capitalist reorganization. An engaging, theoretically informed, and deeply provocative synthesis.' -- Dan Schiller, University of Illinois, Urbana-Champaign, USTable of ContentsContents: 1. Social Organization, Control and Information Technology 2. Telecommunications and the Nineteenth-Century Liberal-International World Order 3. Information Technology and US Industro-Military Development 4. Telematics and the Post-war International Order 5. Telematics as a Transnational Control Infrastructure 6. The New Cyber-Financial Global Order Bibliography Index

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Book SynopsisThis two volume set critiques an oft neglected area of study. The readings on "Historical Relationships" highlight the divorce between economic analysis and theology that occurred very early in the development of the discipline, and which now seems impossible to bridge. A second selection of readings reflects the critique of economic analysis from a theological perspective that has been developed mainly in the last of the 20th century.Trade Review’Oslington provides an excellent introductory overview of the field that also discusses other relevant but excluded research. . . this is a valuable collection of papers that demonstrates that both studies of religious behaviour and the impact of religion have long preoccupied economists and, since the 1970s, are increasingly entering the mainstream with a fertile research agenda. . . these volumes provide a useful resource and it may not be too long before a third volume is required to keep pace with the explosion of research in the field.’ -- Ian Smith, Economic Record’Economics and Religion is a pioneering work aimed at collecting important contributions to the analysis of the interaction between religion, Christianity, and economics.’ -- Francis Woehrling, Faith & Economics’. . . both Paul Oslington and Edward Elgar Publishing are to be congratulated for producing such an excellent contribution to intellectual history, the history of economic thought, theology and religious studies. The relationships between economics and religion are highly relevant to serious students of the history of economic thought.’ -- James E. Alvey, History of Economics Review’Paul Oslington has made a valuable contribution to both the secular and religious fields. His volumes bring together a range of recent academic thinking about the relations between religion and economics as it has occurred in the past and exists currently. The selection is judicious and timely, encompassing particular viewpoints with pertinent criticisms of them, a hallmark of appropriate academic practice. The two volumes are likely to become a standard reference work for the field.’ -- Clive Beed, Economic Record’. . . a rich selection of work at the intersection of economics and religion. Paul Oslington, the editor, and Edward Elgar, the publisher, have done a real service in bringing this work together in one place.’ -- Andrew M. Yuengert, Journal of Markets and Morality’At some time or other, most thoughtful Christians will have wondered about the relationship between economics and theology. . . The collection of readings obtained in Paul Oslington’s Economics and Religion admirably covers many issues at the interface. . . The selection of material, some of which has been difficult to obtain, has drawn deserved praise from eminent scholars in Australia, the UK and the US.’ -- Centre for Apologetic Scholarship and Education’Anyone teaching a course on economics and Christian belief or wanting to have something to hand to which to point inquisitive students (and hopefully colleagues) may well want to recommend this collection to their librarian. . . A collection such as this is long overdue. . . Paul Oslington has gone out of his way to pull in some excellent but little read material. These volumes provide an excellent starting point for the academic or student setting out to understand the nature of the discourse between economics and theology. There was much in here with which I was not familiar and so it has been a welcome discovery.’ -- Andrew Henley, Association of Christian Economists Journal’Ever since Adam Smith, religion and economics have been interwoven. This unique collection takes the reader from Smith right up to the present day and provides a fascinating survey for experts and non-experts alike. Highly recommended.’ -- Kim Hawtrey, Macquarie University, Australia’Economists and calculators are beginning - just beginning - to acknowledge the transcendent. Economics and Religion is a landmark on a spiritual journey. The long road from St Thomas through the Blessed A. Smith, so long diverted by the anti-Christ Jeremy Bentham, is taken up again in these volumes. They should be owned by every serious library, whether a library of God or of Mammon. It will not perhaps surprise people that economists have something to say about the economics of religion, since economists believe they have something to say about everything; what is surprising is that religion has something to say about economics.’ -- Deirdre N. McCloskey, University of Illinois at Chicago, US’Paul Oslington has done a magnificent job in tracking down the papers and extracts from books reprinted in Economics and Religion. No longer will those who work in the field have to chase difficult-to-locate journals or books that are out of print. More than that, the selection indicates that this is an extremely lively and eclectic area of study, not deserving the benign neglect shown by most mainstream economists. The readings on ‘Historical Relationships’ highlight the divorce between economic analysis and theology that occurred very early in the development of the discipline, and which now seems impossible to bridge. A second selection of readings reflects the critique of economic analysis from a theological perspective that has been developed mainly in the last 25 years. And a third set of readings picks up on the economic analysis of religion that has come mainly from the Chicago School in recent years. The selections indicated Oslington’s mastery of the field: it would not be possible to find a better guide.’ -- Donald Hay, Oxford University, UK’Paul Oslington has done a simply marvellous job in pulling together the various bits of writing on the relation between economics and religion. The collection might surprise quite a few, who might have expected this area to be a trifle thin. In fact, the range and quality of these pieces should impress and delight everyone - including all such sceptics. Ranging across the history of thought, “economic theology”, ethics, methodology, and the application of economics to the study of religious behaviour, these are indeed rich pickings. It is a fascinating collection, taken from a surprisingly rich vein. Well done, Paul Oslington! And well done, Edward Elgar!’ -- Geoffrey Brennan, Australian National University’Paul Oslington has gathered together a wide-ranging selection of important articles on the too often neglected links between economics and religion. This is an important service both to the profession and to all those concerned with the philosophical and moral foundations of economics and the economy. The volumes deserve to be widely read.’ -- G.C. Harcourt, University of New South Wales, AustraliaTable of ContentsContents: Volume I Acknowledgements Introduction Paul Oslington PART I HISTORICAL RELATIONSHIPS 1. Barry Gordon (1994), ‘Theological Positions and Economic Perspectives in Ancient Literature’ 2. Bruce J. Malina (1997), ‘Embedded Economics: The Irrelevance of Christian Fictive Domestic Economy’ 3. Jacob Viner (1978), ‘Religious Thought and Economic Society: Four Chapters of an Unfinished Work’ 4. Jacob Viner (1972), ‘The Invisible Hand and Economic Man’ 5. John Milbank (1990), ‘Political Economy as Theodicy and Agnostics’ 6. Emma Rothschild (1994), ‘Adam Smith and the Invisible Hand’ 7. Lisa Hill (2001), ‘The Hidden Theology of Adam Smith’ 8. A.M.C. Waterman (2002), ‘Economics as Theology: Adam Smith’s Wealth of Nations’ 9. Gary M. Anderson (1988), ‘Mr. Smith and the Preachers: The Economics of Religion in the Wealth of Nations’ 10. Charles G. Leathers and J. Patrick Raines (1992), ‘Adam Smith on Competitive Religious Markets’ 11. J.M. Pullen (1981), ‘Malthus’ Theological Ideas and their Influence on his Principle of Population’ 12. Boyd Hilton (1985), ‘Chalmers as Political Economist’ 13. A.M.C. Waterman (2001), ‘The Beginning of “Boundaries”: The Sudden Separation of Economics from Christian Theology’ 14. Edward Norman (1987), ‘Introduction’ and ‘The Contribution’ 15. Rodger Charles S.J. (1998), ‘A Summary of Christian Social Teaching’ 16. Bradley W. Bateman and Ethan B. Kapstein (1999), ‘Between God and the Market: The Religious Roots of the American Economic Association’ 17. Robert H. Nelson (1993), ‘The Theological Meaning of Economics’ Name Index Volume II Acknowledgements An introduction by the editor to both volumes appears in Volume I PART I RELIGIOUS ECONOMICS AND ITS CRITICS A Christianity 1. Kenneth E. Boulding ([1950] 1968), ‘Religious Perspectives in Economics’ 2. D.L. Munby (1956), ‘Christians and Economic Problems’ 3. Frank H. Knight (1939), ‘Ethics and Economic Reform: III. Christianity’ 4. A.B. Cramp (1982), ‘Preface’ and ‘Naturalism: The World-view of Modern Economics’ 5. Douglas Vickers (1991), ‘Theology and the Last of the Economists’ 6. Donald A. Hay (1989), ‘Christianity and Economics: Biblical Foundations’, ‘Christianity and Economics: Theological Ethics’ and ‘Postscript’ 7. Kim Hawtrey (1986), ‘Evangelicals and Economics’ 8. Clive Beed and Cara Beed (1996), ‘A Christian Perspective on Economics’ 9. Michael Novak (1982), ‘A Theology of Democratic Capitalism’ 10. John P. Tiemstra (1994), ‘What Should Christian Economists Do? Doing Economics, But Differently’ 11. Paul Heyne (1994), ‘Passing Judgments’ 12. J. David Richardson (1994), ‘What Should (Christian) Economists Do?...Economics!’ [Originally published as ‘Frontiers in Economics and Christian Scholarship’] B Islam 13. Timur Kuran (1995), ‘Islamic Economics and the Islamic Subeconomy’ C Judaism 14. Jacob Neusner (1990), ‘The Economics of Judaism’ PART II ECONOMICS OF RELIGION 15. Corry Azzi and Ronald Ehrenberg (1975), ‘Household Allocation of Time and Church Attendance’ 16. Ronald G. Ehrenberg (1977), ‘Household Allocation of Time and Religiosity: Replication and Extension’ 17. Robert B. Ekelund, Jr., Robert F. Hébert and Robert D. Tollison (1989), ‘An Economic Model of the Medieval Church: Usury as a Form of Rent Seeking’ 18. Robert B. Ekelund, Jr., Robert F. Hébert and Robert D. Tollison (1992), ‘The Economics of Sin and Redemption: Purgatory as a Market-Pull Innovation?’ 19. Laurence R. Iannaccone (1992), ‘Sacrifice and Stigma: Reducing Free-riding in Cults, Communes, and Other Collectives’ 20. James D. Montgomery (1996), ‘Contemplations on the Economic Approach to Religious Behavior’ 21. Steve Bruce (1993), ‘Religion and Rational Choice: A Critique of Economic Explanations of Religious Behavior’ 22. Steven J. Brams (1980), ‘Introduction’ 23. Avinash Dixit and Gene Grossman (1984), ‘Directly Unproductive Prophet-Seeking Activities’ 24. Jagdish Bhagwati and T.N. Srinivasan (1991), ‘Religion as DUP Activity’ Name Index

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Book SynopsisThis coherent collection of previously published and unpublished papers also includes a specially written introduction by Warren Samuels. The book examines some of the fundamental issues in political economy in a non-judgemental and non-ideological way. The political economy is a process of decision making and these papers attempt to identify the deepest levels of conduct of collective choice. These include official and private government, the 'rule of law', the nature of property, rules and markets, deliberative and non-deliberative choice, and the operation of selective perception and of intellectual fraud in politics. After an objective reading of these essays, no reader should look at government, globalization, rule of law, constitutions, and revolution in quite the same way.Trade Review'In this era of rising income and inequality and rampant corporate scandal, Samuels' important book deserves to be widely read.' -- Oren M. Levin-Waldman, Review of Political Economy'Warren Samuels' life work has contributed greatly to our quest to understand the legal-economic nexus and the institutions of social control, and Economics, Governance and Law will not disappoint readers who have come to expect this from Samuels.' -- Peter Boettke, History of Economic Ideas'In these highly illuminating and pertinent essays, Warren Samuels addresses one of the most important questions of social science: what is the proper and competent role of government in the economy? He adopts a highly sophisticated and balanced position, against both the naive libertarian belief that government can play a marginal role, and against the equally naive view that government is the panacea for all economic ills. Samuels accepts the reality of spontaneous orders in economic life but denies that they can be completely free from deliberation over laws and rules. Samuels's work is an excellent contemporary exemplar of a great intellectual tradition in law and economics that goes back through John Commons to his European precursors.' -- Geoffrey M. Hodgson, University of Hertfordshire Business School, UKTable of ContentsContents: Introduction: The Problem of Government and Governance 1. An Essay on Government and Governance 2. The Political-Economic Logic of World Governance 3. The Rule of Law and the Capture and Use of Government in a World of Inequality 4. Hayek from the Perspective of an Institutionalist Historian of Economic Thought: An Interpretative Essay 5. An Essay on the Unmagic of Norms and Rules and of Markets 6. Theories of Property 7. Property and Philosophy 8. Population Density and the Positive Theory of Property 9. Some Problems in the Use of Languages in Economics 10. The Problem of Double Taxation 11. Walter Adams and James W. Brook’s The Tobacco Wars: The Final Shot of a Warrior for Competitive Markets and Responsible Government 12. The Economic Role of Government As, In Part, A Matter of Selective Perception, Sentiment and Valuation: The Cases of Pigovian and Paretian Welfare Economics (with Steven G. Medema) 13. Buchanan and Musgrave on Public Finance and Public Choice: A Review Essay 14. An Essay on Paretian Fraud, Constitutions, and Revolution Index

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Book SynopsisKorea has experienced one of the most profound economic transformations of any nation in history, and remains a very important focus of academic inquiry. Whilst the process of catch-up in Korea - led by export-oriented growth - has been rapid and, in a sense, very successful, it has also been subject to turbulence, not least in a crisis of near bankruptcy that has dramatically revealed its Achilles heel. Informed by the 1997 crisis, Wontack Hong writes a new history of the Korean economy; one that seeks to understand export-oriented catch-up in newly industrialized countries (NICs) whilst offering a realistic appraisal and forewarning of the pitfalls which could signal self-destruction.Catch-up and Crisis in Korea offers a balanced perspective on the Korean economy, and on newly industrialized countries in general, for those who have a serious interest in understanding the industrialization process.Table of ContentsContents: Preface 1. Introduction: Catch-Up 2. Export-Oriented Growth: Positive Aspects 3. Institutionalizing an Export-Oriented Regime 4. Trade Pattern in the Early Phase of Catch-Up 5. The Engine of Catch-Up: Big Conglomerates 6. Growth and Equity 7. Experiences of East Asian NICs 8. The Legacy of Korea’s Credit Rationing System 9. The Political Economy of the Korean Model Appendix 1: Major Statistical Indicators: Korea Appendix 1: Major Statistical Indicators: Taiwan Bibliography Index

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Book SynopsisAlliance Capitalism for the New American Economy advocates engagement with the USA's macromanagement problems in a spirit of alliance capitalism, for the development of a more integrated, dynamic economy. Whereas most studies of the USA emphasise the efficiency effects of intense competition between firms, this book stresses that as the new economy becomes more knowledge based, its development necessitates active intercorporate cooperation, especially in high technology sectors.The book focuses on problems of balance between competition and cooperation in the relations between American firms, as well as in political competition and cooperation for the management of US economic policy. Public concern over the dynamics of the US political economy has increased since the dramatic disclosures during 2002 of high-risk speculation and fraud by major American enterprises. The authors argue that these problems reflect fierce competition, insufficiently restrained by monitoring and regulation. Imperatives for the development of a more cooperative, collegial style of capitalism are stressed. The authors also highlight the importance of technocratic contributions to the development of corporate alliances and address the increasing significance of working skill levels.This volume will provide valuable reading and reference material for all students, academics and researchers of business and competition policy. Corporate managers and government agencies involved in technology, trade, financial regulation and infrastructure development will also gain practical insights into the benefits of a more cooperative model of capitalism.Table of ContentsContents: Foreword 1. The American Political Economy 2. Problems of Governance in the USA 3. American Structural and Policy Interdependencies 4. US Structural Change: Macroeconomic Policy Issues 5. The US Financial Sector: Regulatory Issues 6. The US Policy Mix and Corporate Strategies 7. US Firms in World Finance 8. American Alliance Capitalism: Flagship-led Clusters 9. The US Current Account: Issues and Implications 10. Globalization and Economic Integration: Implications for Microeconomic Policy in the USA and Europe 11. Long-range Planning Index

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Book SynopsisRecent years have seen the development of new theories of market failure based on asymmetric information and network effects. According to the new paradigm, we can expect substantial failure in the markets for labor, credit, insurance, software, new technologies and even used cars, to give but a few examples. This volume brings together the key papers on the subject, including classic papers by Joseph Stiglitz, George Akerlof and Paul David.The book provides powerful theoretical and empirical rebuttals challenging the assumptions of these new models and questioning the usual policy conclusions. It goes on to demonstrate how an examination of real markets and careful experimental studies are unable to verify the new theories. New frontiers for research are also suggested.The first systematic analysis of these important new theories, Market Failure or Success is required reading for all who seek to better understand one of the most exciting debates in economics today.Table of ContentsContents: INTRODUCTION 1. Introduction Tyler Cowen and Eric Crampton PART 1 NEW MARKET FAILURE THEORIES 2. Toward a general theory of wage and price rigidities and economic fluctuations Joseph E. Stiglitz 3. Keynesian economics and critique of first fundamental theorem of welfare economics Joseph E. Stiglitz 4. The market for ‘lemons’: quality uncertainty and the market mechanism George A. Akerlof 5. Path dependence, its critics and the quest for ‘historical economics’ Paul A. David PART 2 THEORETICAL RESPONSES 6. Information and efficiency: another viewpoint Harold Demsetz 7. Efficiency wage models of unemployment: one view H. Lorne Carmichael 8. Do informational frictions justify federal credit programs? Stephen D. Williamson 9. The demand for and supply of assurance Daniel B. Klein PART 3 EMPIRICAL AND EXPERIMENTAL RESPONSES 10. Beta, Macintosh and other fabulous tales Stan J. Liebowitz and Stephen E. Margolis 11. Some evidence on the empirical significance of credit rationing Allen N. Berger and Gregory F. Udell 12. An empirical examination of information barriers to trade in insurance John Cawley and Tomas Philipson 13. A direct test of the ÔlemonsÕ model: the market for used pickup trucks Eric W. Bond 14. Public choice experiments Elizabeth Hoffman 15. Non-prisoner’s dilemma Gordon Tullock 16. Group size and the voluntary provision of public goods: experimental evidence utilizing large groups R. Mark Isaac, James M. Walker and Arlington W. Williams 17. Cooperation in public-goods experiments: kindness or confusion? James Andreoni Index

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Book SynopsisBased on the assumption that without understanding institutions, economists cannot make satisfactory policy prescriptions, this book draws some insightful conclusions on the strengths and limitations of applied economics in the field of heritage. Sicily provides an interesting and unique backdrop against which the study is set, demonstrating the economic complexities of heritage and the range of economic tools and concepts which can be employed to analyse it. The book is a compilation of various approaches that economists trained in different branches of economics have brought to bear on heritage. It considers the political economy of heritage policy from a variety of different perspectives. These include a study of the economic problems of defining and valuing culture and, through detailed case studies in the economics of regulation, an examination of the incentives and principal-agent problems in the management of heritage policy. The authors move on to discuss the public choice view of fiscal federalism and look at the problems of assessing the efficiency of policy measures. Finally, they provide an interesting overview of the national experiences of France, Scotland and Italy in terms of heritage policy.Taking a new institutional approach, this book is as much a concise manual of applied economics as a contribution to cultural economics. It stresses the need for an interdisciplinary approach to the study of heritage and offers a unique opportunity to understand law-making and administrative procedures in the civil code tradition. It will be essential reading for students, researchers and academics of cultural economics, as well as policymakers wanting to assess the value and efficiency of heritage policies.Trade Review'So much economics is written for its club members that it is refreshing to come across a book of essays which is accessible in large measure to those with a working knowledge of economic issues. It is much more than that because it makes a persuasive case for the use of economic analysis in deciding in which areas governments can sensibly act in the presentation and preservation of heritage. Although related specifically to Sicily, the rich heritage of this delectable island offers a unique opportunity for revealing all the major problems of estimating the value of historical artefacts.' -- Sir Alan Peacock, David Hume Institute, Edinburgh, UKTable of ContentsContents: Preface Part I: Institutions 1. The Cultural Economy of Heritage 2. The Organisation and Finance of Cultural Heritage in Sicily 3. Heritage Conservation: The Role of Heritage Authorities 4. Organisation and Decision-making in the Heritage Sector in Sicily Part II: Supply of Heritage 5. Measuring the Efficiency of Museums: A Case Study in Sicily 6. Heritage and Tourism 7. The Role of Non-profit Organisations in the Finance of Heritage 8. New Technologies and Heritage Part III: Demand for Heritage 9. Methods for Measuring the Demand for the Arts and Heritage: Theoretical Issues 10. A Contingent Valuation Study of Willingness to Pay for Heritage Visits: Case Study of Noto 11. Organised Art Consumption Part IV: Comparative Perspectives 12. Constrained Choice and Heritage Designation: Its Application 13. Funding Heritage: The Scottish Experience 14. Heritage Administration in Italy: Problems and Progress Index

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Book SynopsisWith this important book, esteemed economist Leland B. Yeager grounds moral and political philosophy in the requirements of a well-functioning society, one whose members reap the gains from peaceful cooperation while pursuing their own diverse goals. This book explores the reasons an individual may have for helping to uphold such a society rather than seeking a free ride on the moral behavior of others. A work in the tradition of Hume, Smith, Mill, von Mises, Hayek and Hazlitt, it expounds a rules or indirect version of utilitarianism. It reviews criticisms of utilitarianism in detail, as well as alternative grounds of ethics including contractarianism, rights-based doctrines, and appeals to specific intuitions. Yeager brings the insights of economics to bear on a field usually dominated by philosophers and theologians. Ethics comes across as a subject amply open to the findings of economics and the other social and natural sciences. Economists, philosophers and other students and scholars of the social sciences will welcome this book. It will also appeal to any reader interested in exploring the ideas of ethics.Trade Review'. . . this is a very ambitious book - ranging over a great deal of territory and a great number of issues . . . the general perspectives offered are certainly engaging.' -- Alan Hamlin, Journal of Economic Methodology'. . . an illuminating book, informed by careful thought and wide-ranging scholarship.' -- David Gordon, The Mises Review'Economics claims to be a science of choice and its unintended consequences, but economists sneak moral judgments in through the back door. Ethics, on the other hand, often falters on the stilts of weak economic theories and assumptions. The result - economics without ethics is often sterile, and ethics without economics is often incoherent. Severed from one another, each can be dangerously misleading, and each misses the opportunity to better understand the economic and moral complexity behind social cooperation. Ethics as Social Science helps reconcile the two disciplines, and represents years of seasoned, careful thinking on the topic. Using clear, straightforward language, Yeager argues that economists should be alert to their ethical positions, rather than preach tacitly behind the mask of social welfare analysis and the like. Calling for a comparative institutional analysis, Yeager himself advances an argument in favor of an indirect or rule utilitarianism, one that is sure to unleash debate among libertarians, classical liberals, and defenders of mainstream welfare economics, and among moral philosophers who follow the present state of economic theory.' -- David L. Prychitko, Northern Michigan University, USTable of ContentsContents: Preface 1. Ethics and Economics 2. Some Fundamentals 3. Origins of Ethics 4. The Case for Indirect Utilitarianism 5. What Counts as Utility? 6. The Alleged Problem of Aggregation 7. Is Utilitarianism Immoral? 8. Altruism and Self-Interest 9. Duty and Universalizability 10. Rivals of Utilitarianism 11. Law, Government, and Policy 12. Utilitarianism after All References Index

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Book SynopsisThere is a long-standing difference amongst public economists between those who think that collective choice must be formally acknowledged, and those who derive their policy recommendations from a social planning framework in which politics plays no role. The purpose of this book is to contribute to a meaningful dialogue between these two groups, in the belief that the future of both political economy and of normative public finance lies somewhere between the two approaches.Some of the specific questions addressed in the book include: does public finance need political economy? Should collective choice play a role in the standard of reference used in normative public finance? What is a 'failure' in a non-market or policy process? And what have we learned about the theory and practice of public finance from three decades of empirical research on public choice? The book also provides a practitioner's view of the political economy of redistribution. The distinguished list of authors, many of whom are pre-eminent in their fields, includes Robin Boadway, Geoffrey Brennan, Albert Breton, AnIbal Cavaco Silva, Walter Hettich, Gebhard Kirchgassner, Dennis Mueller, William Niskanen, Hirofumi Shibata, Eugene Smolensky, Heinrich Ursprung, Frans van Winden, Stanley Winer and Donald Wittman.The importance of political economy to any understanding of why public policy evolves as it does is now widely accepted by public finance scholars and practitioners. This book goes a step further by considering the role of collective choice in defining what constitutes 'good' or 'better' policy. It will be an essential companion for all scholars of public finance and political economy.Trade Review'The overall quality of the volume is excellent, so reading the entire volume would be worthwhile, and readers interested in the specific topics covered by any of the chapters would find those chapters helpful. The individual chapters can stand alone, but taken together the volume illustrates how public choice analysis can influence the subject matter of traditional public finance.' -- Randall G. Holcombe, Public ChoiceTable of ContentsContents: Preface 1. Political Economy and Public Finance: A Brief Introduction Stanley L. Winer and Hirofumi Shibata PART I: DOES PUBLIC FINANCE NEED POLITICAL ECONOMY? 2. Public Finance, Public Choice and the Political Economy of Regulation Geoffrey Brennan 3. Public and Welfare Economics under Monopolistic and Competitive Governments Albert Breton PART II: SHOULD COLLECTIVE CHOICE PLAY A ROLE IN THE STANDARD OF REFERENCE USED IN NORMATIVE PUBLIC FINANCE? 4. The Role of Public Choice Considerations in Normative Public Economics Robin Boadway 5. Better than What? Policy Analysis, Collective Choice and the Standard of Reference Walter Hettich Comments and a Rejoinder PART III: WHAT IS A ‘FAILURE’ IN A NON-MARKET OR POLICY PROCESS? 6. Normative Public Finance Without Guilt: Why Normative Public Finance is Positive Public Finance Donald Wittman 7. On the Origin and Identification of Government Failures William A. Niskanen Comments PART IV: WHAT HAVE WE LEARNED ABOUT THE THEORY AND PRACTICE OF PUBLIC FINANCE FROM THREE DECADES OF EMPIRICAL RESEARCH ON PUBLIC CHOICE? 8. Interest Groups, Redistribution and the Size of Government Dennis C. Mueller 9. The Effects of Fiscal Institutions on Public Finance: A Survey of the Empirical Evidence Gebhard Kirchgässner 10. Experimental Investigation of Collective Action Frans van Winden PART V: A PRACTITIONER’S VIEW OF THE POLITICAL ECONOMY OF REDISTRIBUTION 11. Equity Policy and Political Feasibility in the European Union Aníbal Cavaco Silva PART VI: WHERE DO WE GO FROM HERE? 12. Directions for Future Research Eugene Smolensky 13. Where Do We Go from Here? Heinrich W. Ursprung Comments Index

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Book SynopsisRecent years have seen the development of new theories of market failure based on asymmetric information and network effects. According to the new paradigm, we can expect substantial failure in the markets for labor, credit, insurance, software, new technologies and even used cars, to give but a few examples. This volume brings together the key papers on the subject, including classic papers by Joseph Stiglitz, George Akerlof and Paul David.The book provides powerful theoretical and empirical rebuttals challenging the assumptions of these new models and questioning the usual policy conclusions. It goes on to demonstrate how an examination of real markets and careful experimental studies are unable to verify the new theories. New frontiers for research are also suggested.The first systematic analysis of these important new theories, Market Failure or Success is required reading for all who seek to better understand one of the most exciting debates in economics today.Table of ContentsContents: INTRODUCTION 1. Introduction Tyler Cowen and Eric Crampton PART 1 NEW MARKET FAILURE THEORIES 2. Toward a general theory of wage and price rigidities and economic fluctuations Joseph E. Stiglitz 3. Keynesian economics and critique of first fundamental theorem of welfare economics Joseph E. Stiglitz 4. The market for ‘lemons’: quality uncertainty and the market mechanism George A. Akerlof 5. Path dependence, its critics and the quest for ‘historical economics’ Paul A. David PART 2 THEORETICAL RESPONSES 6. Information and efficiency: another viewpoint Harold Demsetz 7. Efficiency wage models of unemployment: one view H. Lorne Carmichael 8. Do informational frictions justify federal credit programs? Stephen D. Williamson 9. The demand for and supply of assurance Daniel B. Klein PART 3 EMPIRICAL AND EXPERIMENTAL RESPONSES 10. Beta, Macintosh and other fabulous tales Stan J. Liebowitz and Stephen E. Margolis 11. Some evidence on the empirical significance of credit rationing Allen N. Berger and Gregory F. Udell 12. An empirical examination of information barriers to trade in insurance John Cawley and Tomas Philipson 13. A direct test of the ÔlemonsÕ model: the market for used pickup trucks Eric W. Bond 14. Public choice experiments Elizabeth Hoffman 15. Non-prisoner’s dilemma Gordon Tullock 16. Group size and the voluntary provision of public goods: experimental evidence utilizing large groups R. Mark Isaac, James M. Walker and Arlington W. Williams 17. Cooperation in public-goods experiments: kindness or confusion? James Andreoni Index

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Book SynopsisThe twin processes of integration and fragmentation have been the distinguishing features of contemporary globalization. Nowhere is this more strikingly evident than in the Asia Pacific. This first volume of a two-volume study concentrates on the geopolitical and economic transformation of Asia Pacific. It focuses on the complex relationship between the decline of ideological bipolarity, the rapid industrialization of East Asia and the tensions generated by the shifting balance of regional and global economic interests.Particular attention is devoted to the three major powers (the United States, China and Japan) and to a number of small and middle powers in particular Indonesia, Malaysia, South Korea, Australia and Canada. Underpinning the entire analysis is the complex interplay of geopolitics, economy and culture.States, Markets and Civil Society in Asia Pacific is essential reading for scholars and researchers of Asia Pacific politics and economy. The coherent analysis will also ensure the books appeal to those in NGOs and government agencies affected by, or working in, the region.Trade Review'. . . this book is a major contribution to the literature on the broadly conceived Asia-Pacific region and will, as they say, be an invaluable resource for scholars and students alike.' -- Mark Beeson, Labour and Industry'With thorough research, well-articulated analyses and sophisticated discussion of conceptions, this book is not only an excellent reference but also a source of stimulative ideas for researchers.' -- Jian Yang, New Zealand International Review'. . . this is indeed an outstanding book which ought to be read by all who are interested in the political economy of the Asia Pacific region. I look forward to Camilleri's second volume on the development of multilateral approaches to economics and security co-operation in Asia Pacific.' -- Peng Er Lam, Asia Pacific Journal of Management'His analyses of how such security complexes, in leading to the collective identity formation within multilateralist efforts in the region, will no doubt contribute to making the second volume of this study equally well worth reading.' -- Stuart Harris, Pacifica Review'. . . Camilleri's book . . . will work well as an undergraduate text . . . It might also be of interest to academics not immediately familiar with how the region's economy relates to geopolitics as a secondary reference text.' -- Alexius A. Pereira, Asia Pacific Business Review'The book will serve as a comprehensive, sophisticated and well-researched guide to the Pacific Rim's most recent past, worth reading. . . Recommended for public, academic (upper-division undergraduate and up), and professional library collections.' -- R.P. Gardella, Choice'Once again Joseph Camilleri has written a major work. Drawing on a vast literature, he has compiled a coherent whole out of the innumerable pieces of the vast puzzle that is the Asia Pacific. Conceiving of the area as three regional subsystems, his analysis is an impressive blend of historical, conceptual, and empirical materials that focus on the interplay of geopolitics and geoeconomics in a major part of the world that will substantially shape the course of world affairs in the decades ahead. Camilleri brings a keen understanding of the dynamics of change, democratization, and civil society to bear on both the varieties and uniformities to be found in the Asia-Pacific at the outset of a new century.' -- James N. Rosenau, The George Washington University, USTable of ContentsContents: Preface 1. Geopolitical Change: From the Nixon Doctrine to the End of the Cold War 2. East Asia’s Economic Transformation 3. From Hegemony to Competitive Interdependence 4. Periphery and Semi-Periphery: In Search of a New Equilibrium 5. State, Economy and Civil Society 6. Concluding Reflections Bibliography Index

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Book SynopsisThis important and timely two-volume collection presents the key issues and processes that surround recent large-scale financial crises - in Asia, Latin America, and elsewhere - and identifies procedures that will help to avoid and manage crises. The articles are drawn from leading journals in political economy, international relations, political science and economics. The reconstruction of the international financial architecture is identified as a working compromise which brings together neo-Keynesian and neo-liberal principles but which, in itself, cannot fully answer the challenges of systemic risk. Globalization processes contribute to systemic risk and complicate the efforts of the IMF and other international financial institutions to create order and stability. The Political Economy of Financial Crises will be invaluable to a broad interdisciplinary audience as a reference source to support teaching and research.Trade Review'This excellent two-volume collection approaches financial crises from the perspective of political economy as an interdisciplinary framework in which markets are social mechanisms and a broad institutional perspective is required. . . There are essays on governance, regionalism, and market versus political authority, in addition to the more expected topics. The breadth of approach allows for multifaceted debate in the thousand-plus pages of these volumes, and such debate is salutary.' -- William K. Tabb, Queens College, CUNY, US'There is a wealth of information and analysis here. . . the reader of these volumes will find a very comprehensive analysis of past emerging-country crises as well as plenty of pointers to the next one.' -- John Calverley, The Business EconomistTable of ContentsContents: Volume I Acknowledgements Introduction Roy E. Allen PART I ISSUES AND CONCEPTS 1. Riccardo De Bonis, Alessandro Giustiniani and Giorgio Gomel (1999), ‘Crises and Bail-Outs of Banks and Countries: Linkages, Analogies, and Differences’ 2. Graciela L. Kaminsky and Carmen M. Reinhart (1999), ‘The Twin Crises: The Causes of Banking and Balance-of-Payments Problems’ 3. J.A. Kregel (1998), ‘Derivatives and Global Capital Flows: Applications to Asia’ 4. Brigitte Granville (1999), ‘Bingo or Fiasco? The Global Financial Situation is not Guaranteed’ 5. Prema-chandra Athukorala and Peter G. Warr (2002), ‘Vulnerability to a Currency Crisis: Lessons from the Asian Experience’ 6. Philip G. Cerny (1993), ‘The Political Economy of International Finance’ 7. Eric Helleiner (1995), ‘Explaining the Globalization of Financial Markets: Bringing States Back In’ 8. Alan Greenspan (1998), ‘The Globalization of Finance’ 9. Jonathan Nitzan (1998), ‘Differential Accumulation: Towards a New Political Economy of Capital’ 10. Robert Wade and Frank Veneroso (1998), ‘The Asian Crisis: The High Debt Model Versus the Wall Street-Treasury-IMF Complex’ 11. Chalmers Johnson (1998), ‘Economic Crisis in East Asia: The Clash of Capitalisms’ 12. Linda Y.C. Lim (1998), ‘Whose ‘Model’ Failed? Implications of the Asian Economic Crisis’ 13. George Soros (1998-99), ‘Capitalism’s Last Chance?’ 14. Susan Strange (1998), ‘The New World of Debt’ 15. Charles Morris and Klara Parrish (1997), ‘Maintaining Financial Stability in a Global Economy: A Summary of the Bank’s 1997 Symposium’ PART II MODELS, COMMON PATTERNS 16. Paul Krugman (1979), ‘A Model of Balance-of-Payments Crises’ 17. Jesper Rangvid (2001), ‘Second Generation Models of Currency Crises’ 18. Paul Krugman (1999), ‘Balance Sheets, the Transfer Problem, and Financial Crises’ 19. Roberto Marchionatti (1999), ‘On Keynes’ Animal Spirits’ 20. Rod Cross and Douglas Strachan (1997), ‘On George Soros and Economic Analysis’ 21. Graham Bird and Ramkishen S. Rajan (2001), ‘Banks, Financial Liberalisation and Financial Crises in Emerging Markets’ 22. Philip Arestis and Murray Glickman (2002), ‘Financial Crisis in Southeast Asia: Dispelling Illusion the Minskyan Way’ 23. Lance Taylor (1998), ‘Capital Market Crises: Liberalisation, Fixed Exchange Rates and Market-driven Destabilisation’ 24. Taimur Baig and Ilan Goldfajn (2002), ‘Monetary Policy in the Aftermath of Currency Crises: The Case of Asia’ 25. José De Gregorio and Rodrigo O. Valdés (2001), ‘Crisis Transmission: Evidence from the Debt, Tequila, and Asian Flu Crises’ Name Index Volume II Acknowledgements An introduction by the editor to both volumes appears in Volume I PART I COUNTRY STUDIES 1. Steven Radelet and Jeffrey D. Sachs (1998), ‘The East Asian Financial Crisis: Diagnosis, Remedies, Prospects’ 2. Nicola Bullard, Walden Bello and Kamal Mallhotra (1998), ‘Taming the Tigers: The IMF and the Asian Crisis’ 3. Chris Dixon (1999), ‘The Developmental Implications of the Pacific Asian Crises: The Thai Experience’ 4. Chung H. Lee, Keun Lee and Kangkook Lee (2002), ‘Chaebols, Financial Liberalization and Economic Crisis: Transformation of Quasi-Internal Organization in Korea’ 5. K.S. Jomo (1998), ‘Malaysian Débâcle: Whose Fault?’ 6. Jonathan Pincus and Rizal Ramli (1998), ‘Indonesia: From Showcase to Basket Case’ 7. Guillermo A. Calvo and Enrique G. Mendoza (1996), ‘Petty Crime and Cruel Punishment: Lessons from the Mexican Debacle’ 8. Francisco Gil-Díaz and Agustín Carstens (1996), ‘One Year of Solitude: Some Pilgrim Tales About Mexico’s 1994–1995 Crisis’ 9. Geisa Maria Rocha (2002), ‘Neo-dependency in Brazil’ 10. Neil Robinson (1999), ‘The Global Economy, Reform and Crisis in Russia’ 11. Gabriel Palma (2003), ‘The “Three Routes” to Financial Crises: Chile, Mexico, and Argentina [1]; Brazil [2]; and Korea, Malaysia and Thailand [3]’ PART II INTERNATIONAL ADJUSTMENTS AND POLITICAL RESPONSES 12. Ramkishen S. Rajan (2002), ‘Exchange Rate Policy Options for Post-crisis Southeast Asia: Is There a Case for Currency Baskets?’ 13. Shaun Narine (2002), ‘ASEAN in the Aftermath: The Consequences of the East Asian Economic Crisis’ 14. Nicola Phillips (2000), ‘Governance after Financial Crisis: South American Perspectives on the Reformulation of Regionalism’ 15. Peter Aykens (2002), ‘Conflicting Authorities: States, Currency Markets and the ERM Crisis of 1992–93’ 16. Xavier Freixas, Curzio Giannini, Glenn Hoggarth and Farouk Soussa (1999), ‘Lender of Last Resort: A Review of the Literature’ 17. Anne O. Krueger (1998), ‘Whither the World Bank and the IMF?’ 18. Graham Bird (2001), ‘A Suitable Case for Treatment? Understanding the Ongoing Debate about the IMF’ 19. Simon Lee (2002), ‘The International Monetary Fund’ 20. Peter B. Kenen (2002), ‘The International Financial Architecture: Old Issues and New Initiatives’ 21. André Cartapanis and Michel Herland (2002), ‘The Reconstruction of the International Financial Architecture: Keynes’ Revenge?’ 22. Richard N. Cooper (2002), ‘Chapter 11 for Countries?’ Name Index

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Book SynopsisEconomic activities that degrade the environment do not simply pit humans against nature. They also pit some humans against others. Some benefit from these activities; others bear net costs from pollution and resource depletion. In a provocative and original analysis, James K. Boyce examines the dynamics of environmental degradation in terms of the balances of power between the winners and the losers. He provides evidence that inequalities of power and wealth affect not only the distribution of environmental costs, but also their overall magnitude: greater inequalities result in more environmental degradation. Democratization - movement toward a more equitable distribution of power - therefore is not only a worthwhile objective in its own right, but also an important means toward the social goals of environmental protection and sustainable development.Combining theoretical analysis with empirical evidence from around the world, James K. Boyce demonstrates that changes in our relationship with nature ultimately require changes in our relationships with each other. He maintains that a more democratic and environmentally sustainable future is possible, but warns that it is not inevitable.This book will appeal to students, scholars, policymakers and other readers interested in the environment, economics and public policy.Trade Review'Professor Boyce's work is an excellent example of how ecological economics can be done in an objective, evidence-based approach that can put issues on the agenda in a manner where they will be taken seriously by other scholars. . . This is a well-written and provocative book that should encourage further research on all these important issues.' -- David I. Stern, International Journal of Social Economics'This succinct and sometimes provocative book sets out to document, quantify and explain the ways in which inequalities of wealth and power create an uneven apportionment of environmental costs across the world. It offers a combination of theoretical analysis and empirical evidence to support the author's central contention that greater democratisation and changes in society's relationship with nature are paramount for achieving the dual goals of environmental protection and sustainable development. . . This book is immensely well written. . . makes for a fascinating read.' -- Ian Bailey, European Spatial Research and PolicyTable of ContentsContents: 1. Stealing the Commons 2. Let Them Eat Risk? 3. Investing in Natural and Human Capital 4. Inequality as a Cause of Environmental Degradation 5. Rethinking the Environmental Kuznets Curve 6. Power Distribution, the Environment, and Public Health 7. The Globalization of Market Failure? 8. A Squandered Inheritance 9. Democratizing Environmental Ownership Index

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Book SynopsisThis book re-examines the rationale for public policy, concluding that the prevailing 'public knowledge' model is evolving towards a networked or distributed model of knowledge production and use in which public and private institutions play complementary roles. It provides a set of tools and models to assess the impact of the new network model of funding and governance, and argues that governments need to adapt their funding and administrative priorities and procedures to support the emergence and healthy growth of research networks. The book goes on to explain that interdependencies and complementarities in the production and distribution of knowledge require a new and more contextual, flexible and complex approach to government funding, monitoring and assessment. The chapters in this book issue a series of challenges to the next generation of science and technology policy. The need for new systems of governance in science and innovation make a single, all encompassing rationale for public funding unnecessary and irrelevant. The new policy questions that matter concern the means and mechanisms for intervention - the use of policy to harness, support and expand the interaction and dynamism of research networks composed of public and private actors.Trade Review'. . . the editors have also invested in a conclusion. It is really worthwhile to read it, as it summarises in a condensed and clear way what we may draw from all the different contributions to the book. . . The book offers interesting contributions. . .' -- Dietmar Braun, Science and Public Policy'This edited volume brings together an international set of the best scholars working in the area of science and technology policy. . . this is an interesting and useful collection. Each section concludes with an integrative and insightful commentary which ties the sections together and offers useful perspectives. . . The editors have done a useful job of solving the problem that plagues many edited volumes - introductory sections create a narrative and the sections and chapters are well integrated.' -- Maryann P. Feldman, Journal of Economic LiteratureTable of ContentsContents: General Introduction Part I: The Evolving Research Policy Environment 1. The Changing Social Contract for Science and the Evolution of the University 2. The Increasing Involvement of Concerned Groups in R&D Policies: What Lessons for Public Powers? 3. Interdisciplinary Research and the Organization of the University: General Challenges and a Case Study Part II: New Actor Relationships 4. Links and Impacts: The Influence of Public Research on Industrial R&D 5. The Evolution of French Research Policies and the Impacts on the Universities and Public Research Organizations 6. Public Research and Industrial Innovation: A Comparison of US and European Innovation Systems in the Life Sciences 7. Research Productivity and the Allocation of Resources in Publicly Funded Research Programmes Part III: Models of Research Funding 8. The Economics of Scientific Research Coalitions: Collaborative Network Formation in the Presence of Multiple Funding Agencies 9. On the Workings of Scientific Communities 10. Funding Basic Research: When is Public Finance Preferable to Attainable ‘Club Goods’ Solutions? 11. On the Provision of Industry-Specific Public Goods: Revisiting a Policy Process Conclusions Index

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Book SynopsisThere is a long-standing difference amongst public economists between those who think that collective choice must be formally acknowledged, and those who derive their policy recommendations from a social planning framework in which politics plays no role. The purpose of this book is to contribute to a meaningful dialogue between these two groups, in the belief that the future of both political economy and of normative public finance lies somewhere between the two approaches.Some of the specific questions addressed in the book include: does public finance need political economy? Should collective choice play a role in the standard of reference used in normative public finance? What is a 'failure' in a non-market or policy process? And what have we learned about the theory and practice of public finance from three decades of empirical research on public choice? The book also provides a practitioner's view of the political economy of redistribution. The distinguished list of authors, many of whom are pre-eminent in their fields, includes Robin Boadway, Geoffrey Brennan, Albert Breton, AnIbal Cavaco Silva, Walter Hettich, Gebhard Kirchgassner, Dennis Mueller, William Niskanen, Hirofumi Shibata, Eugene Smolensky, Heinrich Ursprung, Frans van Winden, Stanley Winer and Donald Wittman.The importance of political economy to any understanding of why public policy evolves as it does is now widely accepted by public finance scholars and practitioners. This book goes a step further by considering the role of collective choice in defining what constitutes 'good' or 'better' policy. It will be an essential companion for all scholars of public finance and political economy.Trade Review'The overall quality of the volume is excellent, so reading the entire volume would be worthwhile, and readers interested in the specific topics covered by any of the chapters would find those chapters helpful. The individual chapters can stand alone, but taken together the volume illustrates how public choice analysis can influence the subject matter of traditional public finance.' -- Randall G. Holcombe, Public ChoiceTable of ContentsContents: Preface 1. Political Economy and Public Finance: A Brief Introduction Stanley L. Winer and Hirofumi Shibata PART I: DOES PUBLIC FINANCE NEED POLITICAL ECONOMY? 2. Public Finance, Public Choice and the Political Economy of Regulation Geoffrey Brennan 3. Public and Welfare Economics under Monopolistic and Competitive Governments Albert Breton PART II: SHOULD COLLECTIVE CHOICE PLAY A ROLE IN THE STANDARD OF REFERENCE USED IN NORMATIVE PUBLIC FINANCE? 4. The Role of Public Choice Considerations in Normative Public Economics Robin Boadway 5. Better than What? Policy Analysis, Collective Choice and the Standard of Reference Walter Hettich Comments and a Rejoinder PART III: WHAT IS A ‘FAILURE’ IN A NON-MARKET OR POLICY PROCESS? 6. Normative Public Finance Without Guilt: Why Normative Public Finance is Positive Public Finance Donald Wittman 7. On the Origin and Identification of Government Failures William A. Niskanen Comments PART IV: WHAT HAVE WE LEARNED ABOUT THE THEORY AND PRACTICE OF PUBLIC FINANCE FROM THREE DECADES OF EMPIRICAL RESEARCH ON PUBLIC CHOICE? 8. Interest Groups, Redistribution and the Size of Government Dennis C. Mueller 9. The Effects of Fiscal Institutions on Public Finance: A Survey of the Empirical Evidence Gebhard Kirchgässner 10. Experimental Investigation of Collective Action Frans van Winden PART V: A PRACTITIONER’S VIEW OF THE POLITICAL ECONOMY OF REDISTRIBUTION 11. Equity Policy and Political Feasibility in the European Union Aníbal Cavaco Silva PART VI: WHERE DO WE GO FROM HERE? 12. Directions for Future Research Eugene Smolensky 13. Where Do We Go from Here? Heinrich W. Ursprung Comments Index

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Book SynopsisThe contributors to this book, from the US and Japan, explore the main issues involved in the international trade, foreign direct investment, and macro/financial relations of the United States and Japan and provide guidance to policymakers for measures to help overcome Japan's economic stagnation since the early 1990s.The book is divided into three parts. Part I contains an empirical analysis of trade diversion under the North American Free Trade Agreement (NAFTA), a theoretical analysis of time in determining the structure and effects of trade with an application to Japan, and an empirical analysis of Japan's changing import behavior. Part II is focused on foreign direct investment (FDI), trade, and the behavior and structure of Japanese firms. Part III deals with macro/financial issues of current interest and importance in Japan. The analytical focus of the chapters is intended to enhance the understanding of the issues addressed and to provide some guidance to policymakers in the design of measures that will improve economic efficiency and welfare and help to overcome the economic stagnation that Japan has experienced in the past decade or more.Economists, political scientists and policymakers will find the analysis provided in this volume invaluable in understanding the Japanese economy and economic relations between Japan and the United States.Table of ContentsContents: Preface 1. Introduction and Overview Part I: Trade and Related Issues 2. Trade Diversion under NAFTA 3. Time and Trade: The Role of Time in Determining the Structure and Effects of International Trade, with an Application to Japan 4. An Analysis of Japan’s Changing Import Behavior Part II: Foreign Direct Investment, Trade, and the Behavior and Structure of Japanese Firms 5. Sources of Variation in the Productivity of Japanese Manufacturers 6. Foreign Direct Investment in Japan: Empirical Analysis Based on the Establishment and Enterprise Census 7. Exports and Foreign Direct Investment Accelerate Corporate Reforms: Evidence from Japanese Micro Data Part III: Macro/Financial Issues 8. Prospective Japanese Economic Recovery: Perspectives from European Economic Recovery in the 1930s 9. Japan’s Lost Decade and Weaknesses in Its Corporate Governance Structure 10. Zero-Interest-Rate Policy, the Forward-Rate Curve, and Policy-Duration Effect 11. Demographic Changes and Their Implications for Japanese Household Savings 12. Restoring Full Employment in Japan: Domestic and International Policy Considerations Index

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Book SynopsisThis authoritative new collection includes the most important published articles on the normative and positive branches of constitutional political economy.It contains sections on the ideas and concepts of constitutions, on the process of creating and amending them, a variety of papers on both the horizontal as well as the vertical separation of powers, and a final section on the relevance of constitutions for economic outcomes. The editor has written an authoritative introduction which contains a broad bibliography on all aspects of constitutional political economy.This two-volume set will be especially welcome in the field of constitutional political economy since it is a research area which crosses traditional disciplinary boundaries. It will be useful to those teaching a course in constitutional political economy as well as economists, political scientists, legal scholars, and political philosophers doing research in this area.Trade Review'By bringing together, from a variety of diverse and broadly scattered sources, papers and chapters on constitutional political economy, Stefan Voigt has not only rendered a great service to scholars working on the subject, he has at the same time documented how the issues though varied are complementary. The collection also makes apparent how the treatment of constitutional problems has evolved; it is so wide-ranging that it is possible that some political economy students of constitutions may discover analytical dimensions of the subject that had hitherto escaped their attention. It will, no doubt, supply some with new topics for reflection and research. Voigt's introduction is masterful. Though all the papers and chapters have been published previously, the two volumes make a genuine contribution.' -- Albert Breton, University of Toronto, Canada'This is a wonderful collection on constitutional political economy. It contains works by all of the major scholars in the field, and it covers the material in a comprehensive manner. There is also a very useful introduction by Professor Voigt, with an extensive bibliography that could easily serve as a reading list for courses in this area. I strongly recommend these volumes to persons working on and teaching constitutional political economy.' -- Robert D. Tollison, University of Mississippi, USTable of ContentsContents: Volume I Acknowledgements Introduction Stefan Voigt PART I THE IDEA OF A CONSTITUTION / JUSTIFYING THE CONSTITUTION / PHILOSOPHICAL BASES 1. James M. Buchanan (1990), ‘The Domain of Constitutional Economics’ 2. James M. Buchanan and Gordon Tullock (1962), ‘A Generalized Economic Theory of Constitutions’ 3. Geoffrey Brennan and Alan Hamlin (1995), ‘Constitutional Political Economy: The Political Philosophy of Homo Economicus?’ 4. Geoffrey Brennan and Alan Hamlin (1995), ‘Economizing on Virtue’ 5. Viktor Vanberg and James M. Buchanan (1989), ‘Interests and Theories in Constitutional Choice’ 6. Dennis C. Mueller (2001), ‘The Importance of Uncertainty in a Two-stage Theory of Constitutions’ 7. Richard A. Posner (1987), ‘The Constitution as an Economic Document’ 8. Knut Wicksell (1958), ‘A New Principle of Just Taxation’ PART II CONCEPTS OF THE CONSTITUTION 9. James M. Buchanan (1959), ‘Positive Economics, Welfare Economics, and Political Economy’ 10. Russell Hardin (1989), ‘Why a Constitution?’ 11. Peter C. Ordeshook (1992), ‘Constitutional Stability’ 12. Barry R. Weingast (1993), ‘Constitutions as Governance Structures: The Political Foundations of Secure Markets’ 13. Stefan Voigt (1999), ‘Breaking with the Notion of Social Contract: Constitutions as Based on Spontaneously Arisen Institutions’ PART III CREATING AND AMENDING CONSTITUTIONS 14. Dennis C. Mueller (1991), ‘Constitutional Rights’ 15. Tim R. Sass (1992), ‘Constitutional Choice in Representative Democracies’ 16. Douglas D. Heckathorn and Steven M. Maser (1987), ‘Bargaining and Constitutional Contracts’ 17. Larry J. Merville and Dale K. Osborne (1990), ‘Constitutional Democracy and the Theory of Agency’ 18. Robert A. McGuire and Robert L. Ohsfeldt (1989), ‘Self-Interest, Agency Theory, and Political Voting Behavior: The Ratification of the United States Constitution’ 19. Donald J. Boudreaux and A.C. Pritchard (1993), ‘Rewriting the Constitution: An Economic Analysis of the Constitutional Amendment Process’ 20. Stefan Voigt (1999), ‘Bargaining for Constitutional Change – Toward an Economic Theory of Constitutional Change’ Name Index Volume II Acknowledgements An introduction by the editor to both volumes appears in Volume I PART I ON THE HORIZONTAL SEPARATION OF POWERS 1. Geoffrey Brennan and Alan Hamlin (1994), ‘A Revisionist View of the Separation of Powers’ 2. Torsten Persson, Gérard Roland and Guido Tabellini (1997), ‘Separation of Powers and Political Accountability’ 3. William M. Landes and Richard A. Posner (1975), ‘The Independent Judiciary in an Interest-Group Perspective’ 4. Eli M. Salzberger (1993), ‘A Positive Analysis of the Doctrine of Separation of Powers, or: Why Do We Have An Independent Judiciary?’ 5. J. Mark Ramseyer (1994), ‘The Puzzling (In)dependence of Courts: A Comparative Approach’ 6. Robert D. Cooter and Tom Ginsburg (1996), ‘Comparative Judicial Discretion: An Empirical Test of Economic Models’ 7. James M. Buchanan and Gordon Tullock (1962), ‘The Bicameral Legislature’ 8. Gary J. Miller and Thomas H. Hammond (1989), ‘Stability and Efficiency in a Separation-of-Powers Constitutional System’ 9. Saul Levmore (1992), ‘Bicameralism: When Are Two Decisions Better than One?’ PART II THE ECONOMICS OF SECESSION AND OF FEDERALISM 10. Cass R. Sunstein (1991), ‘Constitutionalism and Secession’ 11. Yan Chen and Peter C. Ordeshook (1994), ‘Constitutional Secession Clauses’ 12. Barry R. Weingast (1995), ‘The Economic Role of Political Institutions: Market-Preserving Federalism and Economic Development’ 13. Roland Vaubel (1996), ‘Constitutional Safeguards Against Centralization in Federal States: An International Cross-Section Analysis’ PART III CONSTITUTIONS AND ECONOMIC OUTCOMES 14. Adam Przeworski and Fernando Limongi (1993), ‘Political Regimes and Economic Growth’ 15. Jon Elster (1995), ‘The Impact of Constitutions on Economic Performance’ 16. Stephen Knack and Philip Keefer (1995), ‘Institutions and Economic Performance: Cross-Country Tests Using Alternative Institutional Measures’ 17. Jakob de Haan and Jan-Egburt Sturm (2000), ‘On the Relationship Between Economic Freedom and Economic Growth’ 18. Lars P. Feld and Marcel R. Savioz (1997), ‘Direct Democracy Matters for Economic Performance: An Empirical Investigation’ Name Index

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Book SynopsisEconomics can be inspiring - often taking a stand against convention, achieving challenging results, discussing unorthodox viewpoints and suggesting new policies.Bruno S. Frey illustrates what he perceives to be the inspirational quality of economics and how this differs from the type of economics studied in many academic institutions. He introduces insights into economics from a psychological perspective, dealing with issues such as transformation of anomalies, identification in democracy and crowding effects, and focuses on intrinsic motivation and how it is undermined.Inspiring Economics also looks at the integration of economics and politics, covering topics including popular initiatives and referenda, authoritarian nations and foreign aid, and the way in which the cost of war is reflected on the capital market.This groundbreaking empirical study of human motivation and behaviour will be a fascinating read for those interested in economics and economic theory.Trade Review'I highly recommend this book to all economists. It is well written, informative and a pleasure to read. The first chapter, in particular, 'Inspiring, Dismal or Boring Economics?' should be made required reading for all graduate students in economics, and even more so for their professors, especially at leading universities in the United States.' -- Yew-Kwang Ng, Journal of Economic Literature'Instead of ignoring the challenge to rational behaviour posed by several "anomalies" in behaviour, or abandoning rationality in the face of this challenge, Bruno Frey's Inspiring Economics provides a valuable extension of rational behaviour to incorporate these anomalies. This is an exhilarating study that I strongly recommend to everyone, including those like myself, who believe that the importance of these anomalies are sometimes exaggerated.' -- Gary S. Becker, Stanford University, US'Bruno Frey is one of a number of modern economists who believe (as I do) that economics should be importing rather than exporting ideas from elsewhere in the social sciences. In these sparkling essays, he shows that rational choice theory is enriched and sometimes revised by taking account of non-monetary rewards and incentives. With Frey, economics once again becomes an inspiring behavioural science.' -- The late Mark Blaug, formerly of the University of London and University of Buckingham, UKTable of ContentsContents: Preface Part I: On Economics 1. Inspiring, Dismal or Boring Economics? 2. From Economic Imperialism to Social Science Inspiration Part II: Integrating Psychology 3. Economic Incentives Transform Psychological Anomalies with Reiner Eichenberger 4. Marriage Paradoxes with Reiner Eichenberger 5. From the Price to the Crowding Effect 6. The Old Lady Visits your Backyard: A Tale of Morals and Markets with Felix Oberholzer-Gee and Reiner Eichenberger 7. Motivation, Knowledge Transfer and Organizational Forms with Margit Osterloh Part III: Political Economy 8. Identification in Democratic Society with Iris Bohnet 9. Popular Referenda and Institutional Reform 10. What are the Sources of Happiness? with Alois Stutzer 11. FOCJ: Competitive Governments for Europe with Reiner Eichenberger 12. The Political Economy of Stabilization Programmes in Developing Countries with Reiner Eichenberger 13. Bond Values and World War II Events with Marcel Kucher References Index

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Book SynopsisThe relationship between the global economy and national security has been an enduring source of interest and debate. This volume contains a set of pioneering studies that paved the way for contemporary work on the political economy of national security as well as some more recent contributions to this literature. These papers address the influence of international economic relations on political conflict, the use and effectiveness of economic statecraft, and the effects of national security concerns on foreign economic relations. The articles contained in this volume will chart a path for research on these topics for years to come.Trade Review'An excellent collection of essays on a topic of enduring importance by one of the leading scholars in the field. International Conflict and the Global Economy will be an essential reference for generalists and specialists alike.' -- David A. Lake, University of California, San Diego, USTable of ContentsContents: Acknowledgements Introduction Conflict, Statecraft, and National Security in the Global Economy Edward D. Mansfield PART I LIBERALISM AND MERCANTILISM 1. Jacob Viner (1948), ‘Power Versus Plenty as Objectives of Foreign Policy in the Seventeenth and Eighteenth Centuries’ 2. Robert O. Keohane (1990), ‘International Liberalism Reconsidered’ 3. Barry Buzan (1984), ‘Economic Structure and International Security: The Limits of the Liberal Case’ PART II INTERDEPENDENCE AND CONFLICT IN HISTORICAL PERSPECTIVE 4. Robert Gilpin (1977), ‘Economic Interdependence and National Security in Historical Perspective’ 5. Edward Mead Earle (1986), ‘Adam Smith, Alexander Hamilton, Friedrich List: The Economic Foundations of Military Power’ 6. Jacob Viner (1951), ‘Peace as an Economic Problem’ 7. Kenneth N. Waltz (1970), ‘The Myth of National Interdependence’ 8. Norrin M. Ripsman and Jean-Marc F. Blanchard (1996/97), ‘Commercial Liberalism Under Fire: Evidence from 1914 and 1936’ PART III INTERDEPENDENCE AND CONFLICT: QUANTITATIVE EVIDENCE 9. Solomon William Polachek (1980), ‘Conflict and Trade’ 10. John R. Oneal and Bruce Russett (1999), ‘The Kantian Peace: The Pacific Benefits of Democracy, Interdependence, and International Organizations, 1885–1992’ 11. Edward D. Mansfield and Jon C. Pevehouse (2000), ‘Trade Blocs, Trade Flows, and International Conflict’ 12. Erik Gartzke, Quan Li and Charles Boehmer (2001), ‘Investing in the Peace: Economic Interdependence and International Conflict’ PART IV ECONOMIC STATECRAFT 13. Albert O. Hirschman (1945), ‘Economic Thought on the Relationship Between Foreign Trade and National Power’ and ‘Foreign Trade as an Instrument of National Power’ 14. David A. Baldwin (1985), ‘Bargaining with Economic Statecraft’ and ‘National Power and Economic Statecraft’ 15. Johan Galtung (1967), ‘On the Effects of International Economic Sanctions: With Examples from the Case of Rhodesia’ 16. Michael Mastanduno (1998), ‘Economics and Security in Statecraft and Scholarship’ PART V THE INFLUENCE OF NATIONAL SECURITY ON INTERNATIONAL TRADE 17. Brian M. Pollins (1989), ‘Does Trade Still Follow the Flag?’ 18. Joanne Gowa and Edward D. Mansfield (1993), ‘Power Politics and International Trade’ Name Index

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Book SynopsisIn the 1990s many Latin American countries decided upon full or partial pension privatisation, and a similar wave of reforms is currently taking place in Eastern Europe. Privatising Old-Age Security aims to examine what may account for this paradigm change in an area previously considered difficult to reform. Attempting to explore and explain the similarities and differences in pension policy both intra- and inter-regionally, this book analyses the political economy of radical pension reform in using case studies from Argentina, Bolivia, Bulgaria, Croatia, Hungary, Peru, Poland and Uruguay. By shedding light on the political viability of market-oriented reforms the book is a valuable and unique contribution to the understanding of the political economy of policy reform.With its unprecedented selection of case studies and application of theoretical insights, this book will appeal to researchers and academics of economics, public finance, social policy administration and transition studies. Moreover, policymakers will be intrigued by the up-to-date analysis of recent pension reforms.Trade Review'This is a fine comparative political economy interpretation of policy reform applied to pension systems in eight bold reformer countries of Latin America and Eastern Europe. The author shows great skill and sensible caution in showing what a multi-faceted, sometimes elusive undertaking reform is, involving many different actors with often conflicting goals. Considered within the specific policy and economic contexts, the analysis shows remarkable dexterity in confronting pension system reforms in countries that have being going through important or deep systemic transformation, and that have used pension system reform also to pursue broader and deeper changes and macroeconomic stabilisation.' -- Bruno Dallago, University of Trento, Italy'Privatising Old-Age Security is a fine example of contemporary political economy. Its theoretical perspective is equally sensitive to political and economic factors, and the cases are researched in uncommon depth. Its comparison of Eastern Europe and Latin America is unique in the literature on pension reform but obviously important. It will stand as a landmark example of sophisticated policy analysis.' -- Barry Ames, University of Pittsburgh, US'This book follows the reform of pension systems in eight countries. All cases were slightly different but, despite substantial differences in starting points and political conditions, there was a surprisingly high degree of similarity in a common trend towards partial privatisation. The author does not discuss whether such reforms could lead to better pension systems. That issue appears to have been of little relevance to their adoption. Instead, she focuses on factors that did influence the political processes in the countries concerned. The result is an important contribution towards an understanding of policy transfer in different institutional settings. It is an excellent example of the power of the comparative approach for examining how far the World Bank and other international financial institutions can persuade governments to accept their thinking.' -- Martin Myant, University of Paisley, UK'Katharina Mueller opens our eyes to the political and economic forces at work in the privatization of pension schemes, casting light on processes that were previously obscure.' -- Elaine Fultz, International Labour Office, Budapest, HungaryTable of ContentsContents: 1. Introduction Part I: The Conceptual Framework 2. From State to Market: Explaining Policy Reform 3. Understanding Pension Reform Part II: Privatising Old-Age Security in Latin America 4. Regional Background: Old-Age Security in Latin America 5. Pension Privatisation in the Southern Cone 6. Pension Privatisation in the Andean Region Part III: Privatising Old-Age Security in Eastern Europe 7. Regional Background: Old-Age Security in the Transition Countries 8. Pension Privatisation in East-Central Europe 9. Pension Privatisation in South-Eastern Europe Part IV: Comparative Analysis and Conclusions 10. The Political Economy of Pension Privatisation 11. Conclusions References Index

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Book SynopsisThis book presents simple models of the major alternative types of political regimes, estimates of the parameters of these models, and quantitative estimates of the fiscal choices and economic outcomes of these regimes.William Niskanen provides valuable analysis of the effects of the voting rule, the progressivity of the tax structure, and the length of the fiscal horizon in democratic governments and interesting insights of the effects of alternative regimes on policies, such as war and immigration, that affect the number of people subject to the regime. Economists and political scientists who specialize in public finance, public choice, and the comparative analysis of political regimes will find much to engage them in this book.Trade Review'Niskanen's book applies public choice ideas to illuminate the effects of political institutions on prosperity, and in doing so he has written a book that not only is interesting in its own right but also points in a potentially productive direction for future research.' -- Randall G. Holcombe, Public Choice'I recommend the book as a stimulating read for those interested in the role of basic political institutions for the way economies work. The author helps other scholars towards the end by suggesting important, new research projects with the arguments of the book as a useful starting point.'BR>- Niclas Berggren, Economic Affairs'This book could easily be incorporated into a macro course by someone who was looking for a different context with which to illustrate the construction and use of RBC models. . . . Reading this book reminds me once again of how much admiration I have always had for Niskanen's ability to reduce complex settings to simple models, and to do so in a way that allows him to extract empirically meaningful and interesting implications.' -- Richard E Wagner, Cato Journal'Bill Niskanen has pushed forward analysis of tax and spending systems. He reduces the overwhelming complexity of government fiscal decisions to lay bare the choices that democratic governments make. Future work will build on his.' -- Allan H. Meltzer, Carnegie Mellon University, USTable of ContentsContents: Preface 1. On the Choice of Regime 2. Models of Government 3. The Parameters 4. Autocratic, Democratic, and Optimal Government 5. Variations on the Democratic Model 6. Fiscal Rules for a Democracy 7. A Constitutional Approach to Taxes and Transfers 8. Population Issues 9. Culture and Institutions 10. Conclusion References Index

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Book SynopsisModern liberalism asserts the transcendental, autonomous self's 'natural rights' against others' moralistic and political preferences, and regards the economist's utilitarian social welfare theory as instrumental to the achievement of 'social justice'. Timothy Roth argues that the liberal enterprise ignores Kant's 'two points of view', confuses Kantian autonomy with moral and political license, mistakes utilitarian impersonality for impartiality, and takes no account of the indeterminacy of social welfare theory's fundamental theoretical constructs. In contrast, the author shows that Kant's 'two points of view' inform the conservative's constitutive political position and animate the consequence-detached, explicitly normative work of the conservative, constitutional political economist. He shows that, unlike modern liberalism, conservatism is grounded in Kant's 'two points of view', that utilitarian social welfare theory cannot be instrumental to the achievement of social justice, and that constitutional political economy is conservative economics. Economists interested in political economy, methodological issues, social welfare theory, public choice theory, or the moral foundations of economics will find much of interest in this thought-provoking volume. Political scientists interested in the philosophical foundations of modern liberalism and conservatism will also want to add this title to their library.Trade Review'This is scholarship at its best: meticulous yet relevant; scientific yet normative; solid yet critical. Even those who will disagree - and there are going to be legions - will not want to miss this analysis.' -- Amitai Etzioni, author of The Moral Dimension: Towards a New Economics and University Professor, The George Washington University, US'A sophisticated and wide-ranging approach to socio-economic problems that helps us to understand why fashionable liberal attempts to secure "social justice" produce social breakdown instead.' -- Roger Scruton, Writer and Philosopher, formerly University Professor and Professor of Philosophy at Boston University, USTable of ContentsContents: 1. The First-Person Self: The Liberal’s View 2. Derivative Political Positions 3. Equal Treatment, Natural Rights, and Social Justice 4. Liberalism’s Utilitarian Connection 5. The First-Person Self: The Conservative’s View 6. Derivative Political Positions 7. Toward a Conservative Economics 8. A Postscript on Law References Index

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Book SynopsisThis book suggests that the scope and breadth of regulatory reforms since the mid-1980s and particularly during the 1990s, are so striking that they necessitate a reappraisal of current approaches to the study of the politics of regulation. The authors call for the adoption of different and fresh perspectives to examine this area. The contributors to this volume analyse how regulatory regimes that were once peculiar to the US and a few industries have, in recent years, come to define the best practice of governance over the world capitalist economy and over numerous social and economic sectors. They go on to suggest various explanations for the expansion of regulatory institutions, addressing some of the most critical problems and offering new methodological techniques to enable further study. The contributions also provide distinct cross-national and cross-sectoral comparative approaches, and emphasise the changes in the economic and social context of regulation and the implications of these developments on the rise of the regulatory state. These changes, together with the general advance in the study of regulation, undoubtedly demand a re-evaluation of the theory of regulation, its methodologies and scope of application.This book is a perceptive investigation of recent evolutions in the manner and extent of governance through regulation. Scholars and students of comparative politics, public policy, regulation theory, institutional economics and political sociology will find it to be essential reading. It will also prove a valuable source of reference for those working or dealing with regulatory authorities and for business managers in private industries and services operating under a regulatory framework.Table of ContentsContents: Preface 1. The Politics of Regulation in the Age of Governance Part I: Theories of Regulation for the Age of Governance 2. W(h)ither the Economic Theory of Regulation? What Economic Theory of Regulation? 3. The History of Regulation in the United Kingdom: Three Case Studies in Search of a Theory 4. Institutional Change in Regulatory Policies: Regulation Through Independent Agencies and the Three New Institutionalisms 5. Regulatory Co-operation: Transcending the Regulatory Competition Debate 6. Accountability and Transparency in Regulation: Critiques, Doctrines and Instruments 7. Regulation in the Age of Governance: The Rise of the Post-Regulatory State Part II: Comparative Perspectives on the Politics of Regulation 8. Comparative Research Designs in the Study of Regulation: How to Increase the Number of Cases without Compromising the Strengths of Case-Oriented Analysis 9. The Political Foundations of the European Regulatory State 10. Modes of Regulation in the Governance of the European Union: Towards a Comprehensive Evaluation 11. Divergent Convergence: Structures and Functions of National Regulatory Authorities in the Telecommunications Sector 12. Law in the Age of Governance: Regulation, Networks and Lawyers 13. Regulatory Designs, Institutional Constellations and the Study of Regulatory State Index

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Book SynopsisEconomic Policy under Uncertainty maintains that the question of truth and accountability has not received particular attention in the literature on economic methodology. It goes on to argue that pragmatic theories relate concepts of truth to the beliefs, thoughts and intentional actions of individuals, blurring the relationship between theory and practice. Focusing on the conditions that make it possible to consider economic policy advice a reliable basis for action and at the same time justifiable in a broad public discourse, the contributors address the difficulties faced by economic policy makers when basing policy decisions on economic advice. They avoid dualistic alternatives between truth-oriented academic theory and economic policy practice and remove the epistemic privilege for academic economists. The question of how economists can be made accountable for policies made as a result of their counsel is also examined.Exploring real-world difficulties encountered in giving and receiving economic policy advice, this book will be of great interest to economists who wish to reflect on the stance of their discipline, philosophers with an interest in economic issues and economic policy advisers considering the particularities of their subject.Trade Review'This collection is a serious examination of many issues that most economists probably take for granted. As such, it is a welcome reminder and valuable contribution. . . academics and practitioners alike will benefit if the interest is in taking a hard, reflective look at their trade and getting a strong update on the state of thinking about the philosophy of economics and economic policymaking.' -- Edward J. LOpez, Journal of Markets and MoralityTable of ContentsContents: Preface 1. Economic Policy under Uncertainty: The Role of Truth and Accountability in Policy Advice 2. Some Truths about Truth for Economists and their Critics and Clients 3. Deliberative Democracy as an Institutional Mode of Inquiry: Pragmatism, Social Facts and Normative Theory 4. Communicative Rationality as the Basis of Economic Science: Contextualist Implications of the Pragmatic Turn in Critical Social Theory 5. The Role of Truth in Economic Policy Advice 6. Philosophical Concepts of Truth in Economic Policy Advice 7. Macroeconomics, Pragmatism and Cognitive Scarcity: Keynes Should Have Read C.S. Peirce on Probability and Evolutionary Complexity 8. Truth, Uncertainty, Morals: The Uneasy Relationship between Economic Advice and Politicians 9. Serving Two Masters: Economic Methodology between Philosophy and Practice 10. The Issue of Uncertainty in Economics 11. Uncertainty in Econometrics: Evaluating Policy Counterfactuals 12. Uncertainty and Monetary Policy 13. Knightian Uncertainty, Accountability and Economic Policy Rules 14. In Between Popper and Kuhn: Some Reflections on How Economists Create Economic Reality and the Reality of Economic Policy Index

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Book SynopsisThis book deals with the nature of contemporary globalisation. Maurice Mullard aims to show that globalisation is not an inescapable, unstoppable process somehow beyond human control, rather that it represents, and is being shaped by, a series of deliberate policy choices and policy decisions. The emphasis of this fascinating work is on how these policy choices are creating new forms of economic inequalities and also political elites that distort the democratic process.The mapping of winners and losers goes beyond the usual analysis of the rich North versus the poor South, by including an examination of the widening inequalities in the North and the emergence of new elites in the South. Policies of privatisation and liberalisation of water and electricity create new political elites. The author reveals the shift in the North towards multi national corporations with their emphasis on profits and stock market prices, while at the same time incomes for most employees have either stagnated or actually declined. The standard discourse on globalisation and market flexibility often blurs the issues of declining trade union influence and corporations moving to countries offering lower labour costs. Maurice Mullard herein attempts to rectify this imbalance.The Politics of Globalisation and Polarisation is interdisciplinary and will therefore be relevant for academics and researchers of politics, social policy, public policy and economics. Scholars involved in globalisation will find this book to be a major contribution to the ongoing debate.Table of ContentsContents: Preface 1. The Politics of Globalisation 2. Democracy, Citizenship and Globalisation 3. Globalisation and Models of Citizenship 4. The Relevance of Democracy 5. Mapping the Winners and the Losers 6. Globalisation and Empowerment 7. Policy Rhetoric and Policy Realities 8. Globalisation by Whom and for Whom? 9. Conclusions References Index

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Book SynopsisIdentity in the Age of the New Economy is a multi-faceted view of contemporary employment and identity that questions a number of the myths related to the so-called new economy, knowledge society or network society. It argues that one of the most striking things about much contemporary theorizing on work and identity is the epochalist terms in which it is framed: changing forms of identity and subjectivity are assumed to be consequences of a shift to an entirely new economic, social and cultural era, signalled by concepts such as postmodernity, risk society, network society or new economy. The book deviates from the epochalist claim and follows the path of recent years' sociological/social-psychological analyses of identities, presenting detailed empirical studies of relational identities in scattered and temporary work practices. The authors demonstrate how identities are endogenous variables, focus on highly educated contingent employees and direct the analyses from the politics of interests to the politics of identities.Exploring the nexus between identity and the organization of work life, this wide-ranging, multi-disciplinary book will be of great interest to both academics and practitioners in the fields of human resource management, industrial relations and psychology. It will also appeal to those with an interest in organization theory.Trade Review'I am very glad that I had the opportunity to read and review this manuscript. It has a clear and important message and is written with infectious enthusiasm and commitment. Work and organizational identity theory is attracting a great deal of attention. There is plenty of room in this expanding field for a book that is as well conceived and as well positioned as this one. The book's timely theoretical argument is well supported by six richly detailed ethnographic and historical case studies.' -- Brad Jackson, Victoria University of Wellington, New ZealandTable of ContentsContents: Introduction: Studies of Work and Identity beyond the Epochal 1. The Culturalization of Work in the ‘New’ Economy: An Historical View 2. Changing Times, Changing Identities: A Case Study of British Journalists 3. The Networking Arena 4. Temporary Stars – The Rise and Fall of a Talent Agency 5. On Becoming a Freelance Creative Professional 6. Emerging Identities beyond Organizational Boundaries Afterword: The Tyranny of the Epochal and Work Identity Index

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Book SynopsisComplexity and the Economy brings together a range of perspectives from internationally-renowned scholars. The book surveys conceptual approaches to understanding complexity as a key subject in evolutionary and political economy. The authors examine the causes and consequences of complexity among the broadly economic phenomena of firms, industries and socio-economic policy. The book makes a valuable contribution to the increasingly prominent subject of complexity, especially for those whose interests include evolutionary, behavioural, political and social approaches to understanding economics and economic phenomena. Complexity has become something of a leitmotif among scholars with these interests. This book contributes specific, distinctive and policy-oriented elaborations, criticisms, applications and analyses of economic phenomena as interpreted complexly.Drawing together strands of research with the aim of applying complexity theory, this book will be of great interest to researchers of political economy and evolutionary economics.Trade Review'. . . this important volume makes an invaluable contribution to the knowledge economy. An essential read for economists, this book will also find widespread appeal amongst scholars of management, cultural studies and geography.' -- EAEPE NewsletterTable of ContentsContents: Introduction: The Scope of Complexity and its Implications for Policy John Finch and Magali Orillard Part I: The Development of Complexity Perspectives 1. Complexity and the Economy: An Interview with W. Brian Arthur W. Brian Arthur interviewed by Robert Delorme and Geoffrey M. Hodgson 2. Individual and Aggregate Behaviour: Of Ants and Men Alan Kirman 3. Complexity Needs Strategy First Rather than Simplification: Why I am a Satisficing and Unrepentant Simonian Jean-Louis Le Moigne Part II: Theoretical Perspectives on Complexity 4. From Possession to Property: Preferences and the Role of Culture Uta-Maria Niederle 5. Landscape of a Prolific Convergence: Fernand Braudel and Institutional Economics Eyüp Özveren 6. The Naturalist View of Universal Darwinism: An Application to the Evolutionary Theory of the Firm J.W. Stoelhorst Part III: Complexity in Organizations 7. Trust and Transaction Costs Alexander Lascaux 8. Trust in Post-Bureaucratic Organizations Gráinne Collins 9. Two Complex Lighthouse Production Systems: The Mixed English and the Centralized French Systems Elodie Bertrand Part IV: Complexity, Strategies and Policies 10. Complexity and Industry Evolution: New Insights from an Old Industry Virginia Acha and Stefano Brusoni 11. The Codification of Technological Knowledge, Technological Complexity, and the Division of Innovative Labour: A Case from the Semiconductor Industry in the 1990s Norio Tokumaru 12. Technology Strategy and Knowledge Dynamics: The Case of Biotechnology Lionel Nesta and Ludovic Dibiaggio 13. Comparing Post-Socialist Employment ‘Informalization’ in the Czech Republic and Hungary Cristina Matos Index

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Book SynopsisThe growth of neo-liberalism has been the dominant political force in the past two decades. This volume concentrates on understanding the political economy of neo-liberalism. It focuses on a number of the most critical issues and examines the essence of neo-liberalism, namely, the dominance of the market.In particular, the authors consider: the political economy of market expansion the rise of neo-liberalism in advanced capitalist economies the notion of social capital the nature of economic imperialism the political economy of central bank independence the relationship between Keynes and Marx. With contributions by some of the leading scholars in the field, this vital new book on the political economy of neo-liberalism and the dominance of the market will become essential reading for all those with an interest in post Keynesian economics, political economy and international economic policy.Trade Review'This is a stimulating collection of essays, which will inform and provoke both friend and foe of neo-liberalism alike. A recurrent, though not all-encompassing, theme in the book concerns the issue of the relationship between social structure and human agency.' -- P.A. Lewis, Economics & PhilosophyTable of ContentsContents: Preface 1. Introduction 2. Social Norms and Endogenous Preferences: The Political Economy of Market Expansion 3. The Rise of Neo-liberalism in Advanced Capitalist Economies: Towards a Materialist Explanation 4. From Bourdieu to Becker: Economics Confronts the Social Sciences 5. Economics Imperialism as Kuhnian Revolution? 6. Central Bank Independence: Economic Theory, Evidence and Political Legitimacy 7. Keynes as a Bourgeois Marxist Index

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Book SynopsisThis important collection prepared by Robert E. Evenson and Terri Raney - leading scholars in the field - focuses on one of the most controversial issues of our time - the genetic modification of agricultural produce. Whilst the US and Canada are supportive of GM crops, the European Union urges other countries to involve the 'precautionary principle' in regulatory policy. This comprehensive volume, which will appeal to scholars and practitioners alike, includes papers discussing this European Union-North American divide and possible resolutions of differences on this subject. Topics examined include: the technology; the industry; farmer adoption; consumer acceptance; economic impacts; the emergence of GM free markets and GM products for developing countries.Trade Review'. . . the book covers socio-economic and policy aspects related to GM crops in a very comprehensive way. Most of the individual papers are of high quality and provide interesting results.' -- Matin Qaim, Quarterly Journal of International Agriculture'This volume will be of particular importance to scholars and practitioners alike.' -- CAB Abstracts'This volume does an excellent job encapsulating the recent thinking on transgenic crops. This collection of well-written papers presents the debate on the future of biotechnology within the context of the evolution of agriculture, economic development, the environment, and international trade. The book conveys the vast potential of agricultural biotechnology in enhancing human well-being and environmental quality, and the challenges that lie ahead in developing policies that will tap this potential. It is an important read for those interested in technological change, agriculture, development, and the environment.' -- David Zilberman, University of California, Berkeley, US'This excellent collection of readings on this complex and highly political topic covers all the key issues. How those issues are resolved in the years ahead will have a profound effect on the world food economy and especially on the hungry and malnourished.' -- Kym Anderson, The World Bank, USTable of ContentsContents: Acknowledgements Introduction Robert E. Evenson and Terri Raney PART I OVERVIEW 1. (2004), ‘FAO Declares War on Farmers Not on Hunger’ 2. Jaques Diouf (2004), ‘Biotechnology: FAO Response to Open Letter from NGOs’ 3. International Consortium on Agricultural Biotechnology Research (ICABR), Open Letter to FAO Director General in Support of SOFA 2003-04 Biotechnology Report 4. Robert L. Paarlberg, Raymond F. Hopkins and Lisa Ladewski (2004), ‘Regulation of GM Crops: Shaping an International Regime’ PART II THE TECHNOLOGY 5. Vernon W. Ruttan (2000), ‘The Biotechnology Industries’ 6. Christian Jung (2000), ‘Molecular Tools for Plant Breeding’ 7. Kate Dreher, Michael Morris, Mireille Khairallah, Jean Marcel Ribaut, Shivaji Pandey and Ganesan Srinivasan (2002), ‘Is Marker-Assisted Selection Cost-Effective Compared with Conventional Plant Breeding Methods? The Case of Quality Protein Maize’ PART III THE INDUSTRY 8. Robert E. Evenson (2002), ‘Agricultural Biotechnology’ 9. Carl E. Pray and Anwar Naseem (2003), ‘The Economics of Agricultural Biotechnology Research’ PART IV FARMER ADOPTION 10. Food and Agriculture Organization (2004), ‘From the Green Revolution to the Gene Revolution’ PART V CONSUMER ACCEPTANCE 11. Joe L. Parcell and Nicholas G. Kalaitzandonakes (2004), ‘Do Agricultural Commodity Prices Respond to GMO Bans?’ 12. Wallace E. Huffman, Matthew Rousu, Jason F. Shogren and Abebayehu Tegene (2004), ‘The Welfare Effects of Implementing Mandatory GM Labelling in the USA’ 13. Marianne McGarry-Wolf, Paola Bertolini and Jacob Parker-Garcia (2004), ‘A Comparison of Consumer Attitudes Towards GM Food in Italy and the USA’ 14. Sylvie Bonny (2004), ‘Factors Explaining Opposition to GMOs in France and the Rest of Europe’ PART VI HEALTH AND THE ENVIRONMENTAL EFFECTS 15. Food and Agriculture Organization (2004), ‘Health and Environmental Impacts of Transgenic Crops’ PART VII THE EVOLVING REGULATORY STRUCTURE 16. Lydia Zepeda (2004), ‘Genetically Engineered Food Labelling: Global Policy Polarization’ 17. Jill E. Hobbs, William A. Kerr, J.D. Gaisford, Grant Issac and Kurt K. Klein (2004), ‘Conflict and Consensus-Building: International Commercial Policy and Agricultural Biotechnology’ 18. Dirk Heumueller and Tim Josling (2004), ‘Trade Restrictions on Genetically Engineered Foods: The Application of the TBT Agreement’ PART VIII THE EMERGENCE OF GM FREE MARKETS 19. Michael Burton, Sallie James, Bob Lindner and Jo Pluske (2002), ‘A Way Forward for Frankenstein Foods’ 20. Troy G. Schmitz, Charles B. Moss and Andrew Schmitz (2004), ‘Segmentation of GMO and Non-GMO Soybean Markets Under Identity Preservation Costs and Government Price Supports’ 21. Tirtha Dhar and Jeremy D. Foltz (2005), ‘Milk by Any Other Name… Consumer Benefits from Labeled Milk’ PART IX ECONOMIC IMPACTS 22. Food and Agriculture Organization (2004), ‘Economic Impacts of Transgenic Crops’ 23. Lovell S. Jarvis (2002), ‘The Potential Effect of Recombinant Bovine Somatotropin on World Dairying’ 24. Stuart Smyth and Peter W.B. Phillips (2002), ‘Science and Regulation: Assessing the Impacts of Incomplete Institutions and Information in the Global Agricultural Biotechnology Industry’ 25. Monika Tothova and James F. Oehmke (2006), ‘Biotechnology and the Emergence of Club Behaviour in Agricultural Trade’ 26. Kym Anderson, Chantal Pohl Nielsen and Sherman Robinson (2002), ‘Estimating the Economic Effects of GMOs: The Importance of Policy Choices and Preferences’ PART X GM PRODUCTS FOR DEVELOPING COUNTRIES 27. Robert E. Evenson (2004), ‘GMOs: Prospects for Productivity Increases in Developing Countries’ 28. Food and Agriculture Organization (2004), ‘Research And Research Policy For the Poor’ 29. Food and Agriculture Organization (2004), ‘Capacity Building For Biotechnology In Food And Agriculture’ Name Index

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Book SynopsisThis book investigates the realm of intellectual property rights (IPRs) within the context of international political economy. In particular, it examines the extent to which powerful interest groups, such as pharmaceutical multinational companies, influence the political dynamism underlying the field of IPRs. Meir Perez Pugatch argues that a pure economic approach does not provide a sufficient or satisfactory explanation for the creation of intellectual property rights, most notably patents. The author instead suggests that a dynamic approach, based on the international political economy of interest groups and systemic outcomes, provides a better starting point for explaining how the international intellectual property agenda is determined. The book explores the manner in which the R&D-based pharmaceutical industry in Europe organised and operated between 1995 and 1999 in order to secure its interests with regard to the agreement on trade-related aspects of intellectual property rights (TRIPs) of the World Trade Organisation.The International Political Economy of Intellectual Property Rights will be warmly welcomed by scholars, practitioners, and government officials interested in the fields of international trade and intellectual property policy, intellectual property law and international business. The potential readership is as likely to come from developed as from developing countries. The latter may find the process of IP policy making of particular interest and relevance given current international IP developments.Trade Review'The TRIPS agreement was the most controversial outcome of the Uruguay Round, and is seen by many informed observers as a poisoned chalice for the WTO. Meir Pugatch examines the European side of the lobbying process that produced it. Everyone interested in how business interests affect and even dominate the formation of public policy should read his study.' -- Brian Hindley, London School of Economics and Political Science, UK'This book is a substantial contribution to the discussion on trade-related intellectual property rights. It provides a clear, step-by-step, in-depth analysis of the TRIPS agreement, particularly as it relates to the European pharmaceutical industry. Politics, law and economics are judiciously blended. Meir Pugatch's work should be read not just by academic experts and students in the field, but also by trade policy and IPR practitioners interested in an accessible, policy-relevant treatment of the issues at hand.' -- Razeen Sally, London School of Economics and Political Science, UKTable of ContentsContents: Preface 1. Introduction 2. The Economic Theory of IPRs (Patents and Trademarks) 3. Economic and Political Explanations for the Emergence of a Stronger International IP System 4. The Advanced Pharmaceutical Industry in Europe and IPRs 5. Core IP Interests and the Organizational Structure of the Advanced Pharmaceutical Industry in Europe 6. TRIPs and Pharmaceuticals 7. Opposition of Developing Countries and LDCs to the TRIPs Pharmaceutical IP Agenda 8. Protecting the International Pharmaceutical IP Agenda of TRIPs: Strategies and Activities of the Advanced Pharmaceutical Industry in Europe between 1995 and 1999 9. The Dynamics of Change within the Framework of IPRs References Annex I: Interviews Index

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Book SynopsisThis fascinating Handbook defines how knowledge contributes to social and economic life, and vice versa. It considers the five areas critical to acquiring a comprehensive understanding of the knowledge economy: the nature of the knowledge economy; social, cooperative, cultural, creative, ethical and intellectual capital; knowledge and innovation systems; policy analysis for knowledge-based economies; and knowledge management.In presenting the outcomes of an important body of research, the Handbook enables knowledge policy and management practitioners to be more systematically guided in their thinking and actions. The contributors cover a wide disciplinary spectrum in an accessible way, presenting concise, to-the-point discussions of critical concepts and practices that will enable practitioners to make effective research, managerial and policy decisions. They also highlight important new areas of concern to knowledge economies such as wisdom, ethics, language and creative economies that are largely overlooked. Distinguished by a combination of practical relevance and analytical rigour, this Handbook provides new insights into the basic mechanisms that constitute a knowledge economy and society, and will be invaluable to practitioners and academics in diverse areas of interest, including: knowledge management, innovation management, knowledge policy, social epistemology, and development studies.Table of ContentsContents Preface 1. Knowledge: Concepts, Policy, Implementation David Rooney, Greg Hearn and Abraham Ninan Part I: Concepts 2. The Material, Mental, Historical and Social Character of Knowledge David Rooney and Ursula Schneider 3. Wisdom, Ethics and the Postmodern Organization Bernard McKenna 4. Risk and Knowledge Joost van Loon 5. Social Epistemology: Preserving the Integrity of Knowledge About Knowledge Steve Fuller 6. Knowledge and Social Capital Hitendra Pillay Part II: Policy 7. Knowledge and Cultural Capital Stuart Cunningham 8. The Organization of Creativity in Knowledge Economics: Exploring Strategic Issues Paul Jeffcutt 9. Analysing Policy Values in a Knowledge Economy Phil Graham 10. Knowledge Issues and Policy in the Operation of Industrial Clusters Abraham Ninan 11. Intellectual Property Rights in the Knowledge Economy Peter Drahos Part III: Implementation 12. Information Sharing Donald M. Lamberton 13. Collaboration and the Network Form of Organization in the New Knowledge-Based Economy Thomas Mandeville 14. Exploring the Information Space: A Strategic Perspective on Information Systems Max Boisot 15. ‘Tacit Knowledge’ Versus ‘Explicit Knowledge’ Approaches to Knowledge Management Practice Ron Sanchez 16. Knowledge and Social Identity Thomas Keenan 17. Managing Creativity in the Knowledge Economy Mark Banks 18. Inexperience and Inefficiency in Information Transactions: Making the Most of Management Consultants Stuart Macdonald 19. The Knowledge Worker: A Metaphor in Search of a Meaning? Richard Joseph 20. How to be Productive in the Knowledge Economy: The Case of ICTs Greg Hearn and Thomas Mandeville 21. Digital Rights Management (DRM): Managing Digital Rights for Open Access Brian Fitzgerald and Jason Reid Index

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Book SynopsisThis book was born from the editor's conviction that a wide set of contributors should provide the economic and corporate sectors with guidelines, developed from rigorous research and case studies, to analyse those adjustments made necessary through international terrorism, as known since September 11th 2001. It argues that corporate asset protection and accurate business risk assessment is vital to the longevity, and resilience of business. The volume reveals how the pre-9/11-era of contemporary economic history gave birth to a nexus of a) globalization b) increased systemic vulnerability and complexity and c) the transitions of terrorism. As a result, the post-9/11-era is one which should incorporate risk analysis audits on a regular basis, political and geopolitical risk research, the use of quantitative risk assessment and qualitative risk analysis to implement risk strategy planning, its management and appropriate risk transfer considerations. The formulated call of this work is for diplomacy and business to incorporate the knowledge and lessons of international threat, security and disaster. Their management may reveal important competitive advantages in the long run.Terrorism and the International Business Environment will appeal to a wide audience of risk strategists, CEOs of MNCs, credit risk analysts, as well as academics of international business and politics.Table of ContentsContents: Preface 1. Introduction Part I: The Geopolitical and Geo-economic Environment 2. The Legacy of September 11 3. Historical Forces in International Affairs and Commerce: Prospects for the International Economy 4. Terrorism and International Business: Conceptual Foundations 5. The Complexity of the Geopolitics Dimension in Risk Assessment for International Business Part II: The Trade and Investment Environment 6. The Impact of Geopolitical Turmoil on Country Risk and Global Investment Strategy 7. The Digital Divide 8. Global Investment and Trade Flows: A Framework for Understanding Part III: Business Operation Studies 9. The Tourism Sector 10. The Bank Sector 11. The Evolution of Contingency Planning: From Disaster Recovery to Operational Resilience Part IV: Implications of Crisis in a Synergetic World 12. Disaster Management after September 11: A ‘Normal Accident’ or a ‘Man-made Disaster?’ What Did We Know, What Have We Learned? 13. A New Challenge for Security Policy 14. Conclusions Index

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Book SynopsisAlthough the full extent of the potential damages from global warming remain unknown, scientists have long argued that action should be taken now to mitigate any possible adverse consequences. However, in making such policy recommendations, economic arguments need to be considered as much as scientific ones. This volume examines the appropriate economic incentives for implementing policy to mitigate climate change and then exposes the flaws in current international agreements. The book begins by providing the economic foundations for understanding climate change. It examines how Kyoto's flexibility mechanism departs from more efficient and less-costly approaches for reducing atmospheric carbon dioxide, and highlights the problems that terrestrial carbon credits pose for emissions trading. Unique case studies of Canada, Japan and The Netherlands indicate that most countries will be unable to meet their own Kyoto obligations. The author then uses an economic analysis of the potential damages to show that even though some countries will experience a detrimental effect from climate change, the majority will actually benefit. In this way, he clearly demonstrates that not only will current policies do little to avert global warming, most countries will also have less incentive to sign up to any future international agreements.Academics, economists and policymakers involved in the climate change debate will find this succinct yet comprehensive analysis of the economic instruments available for mitigating climate change to be essential reading.Table of ContentsContents: Preface 1. Introduction 2. Economic Efficiency and Climate Change Mitigation 3. Costs and Benefits of Mitigating Climate Change 4. Terrestrial Carbon Sinks 5. Ratifying Kyoto: Is it Smoke and Mirrors? 6. Why Might Countries Want to Mitigate Climate Change? 7. Discussion References Index

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Book SynopsisThis book re-examines the rationale for public policy, concluding that the prevailing 'public knowledge' model is evolving towards a networked or distributed model of knowledge production and use in which public and private institutions play complementary roles. It provides a set of tools and models to assess the impact of the new network model of funding and governance, and argues that governments need to adapt their funding and administrative priorities and procedures to support the emergence and healthy growth of research networks. The book goes on to explain that interdependencies and complementarities in the production and distribution of knowledge require a new and more contextual, flexible and complex approach to government funding, monitoring and assessment. The chapters in this book issue a series of challenges to the next generation of science and technology policy. The need for new systems of governance in science and innovation make a single, all encompassing rationale for public funding unnecessary and irrelevant. The new policy questions that matter concern the means and mechanisms for intervention - the use of policy to harness, support and expand the interaction and dynamism of research networks composed of public and private actors.Trade Review'. . . the editors have also invested in a conclusion. It is really worthwhile to read it, as it summarises in a condensed and clear way what we may draw from all the different contributions to the book. . . The book offers interesting contributions. . .' -- Dietmar Braun, Science and Public Policy'This edited volume brings together an international set of the best scholars working in the area of science and technology policy. . . this is an interesting and useful collection. Each section concludes with an integrative and insightful commentary which ties the sections together and offers useful perspectives. . . The editors have done a useful job of solving the problem that plagues many edited volumes - introductory sections create a narrative and the sections and chapters are well integrated.' -- Maryann P. Feldman, Journal of Economic LiteratureTable of ContentsContents: General Introduction Part I: The Evolving Research Policy Environment 1. The Changing Social Contract for Science and the Evolution of the University 2. The Increasing Involvement of Concerned Groups in R&D Policies: What Lessons for Public Powers? 3. Interdisciplinary Research and the Organization of the University: General Challenges and a Case Study Part II: New Actor Relationships 4. Links and Impacts: The Influence of Public Research on Industrial R&D 5. The Evolution of French Research Policies and the Impacts on the Universities and Public Research Organizations 6. Public Research and Industrial Innovation: A Comparison of US and European Innovation Systems in the Life Sciences 7. Research Productivity and the Allocation of Resources in Publicly Funded Research Programmes Part III: Models of Research Funding 8. The Economics of Scientific Research Coalitions: Collaborative Network Formation in the Presence of Multiple Funding Agencies 9. On the Workings of Scientific Communities 10. Funding Basic Research: When is Public Finance Preferable to Attainable ‘Club Goods’ Solutions? 11. On the Provision of Industry-Specific Public Goods: Revisiting a Policy Process Conclusions Index

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Book SynopsisFinancialization - the increasing importance of financial markets, institutions and motives in the world economy - is described and analyzed in this rigorously researched volume. The contributors, top scholars in their fields, explore the quantitative and qualitative dimensions of financialization and tally its costs and benefits for society as a whole. They explore the puzzling promotion of financial liberalization by governments despite its enormous costs, and describe what can be done to alter the destructive path toward excessive financialization that most countries are taking.The book begins by presenting basic data on the distributional implications of financialization. Part two focuses on financialization in the context of the US economy, with discussion of the relationship between financialization and non-financial corporations, the stock market bubble, and the evolution of derivatives markets. The international dimensions of financialization are explored in part three, with particular attention paid to the evolution of the international monetary system. Part four presents five case studies of financialization and financial crises in emerging markets in the 1980s and 1990s: Mexico, Turkey, Argentina, Brazil, and South Korea. The final section offers ideas for policy responses, including capital controls and securities transaction taxes.Researchers and students of international economics and finance will find this provocative volume an important part of the debate surrounding this multi-faceted phenomenon.Trade Review’. . . the book's combination of breadth and depth suggests it will remain a standard work for heterodox students for some time. It quite correctly puts financialization at the center of the political economy of our time. I highly recommend Financialization and the World Economy to scholars in the field.' -- William K. Tabb, Queens College, CUNY, US'We are all acutely aware of the increasing role in economic life of financial markets, institutions and operations and the pursuit of financial rewards, that is financialization. This book helps us to understand this dominant feature of neo-liberalism by examining the distributional implications, the effects of financialization on the US economy, international dimensions and monetary system, financial crises and policy responses. The breadth and depth of the analyses in this book will make it a most important contribution to the awareness of the problems raised by financialization and to the development of policy responses.' -- Malcolm Sawyer, University of Leeds, UK'This is a valuable collection of articles on financial globalisation from leading unorthodox economists. Edward Elgar are to be commended for bringing together these diverse writings in one volume. This will surely become a standard reference on the subject, even for those with orthodox perspectives.' -- Ajit Singh, University of Cambridge, UK'One of the most important economic developments of the last quarter century has been the growth of the financial sector. In almost every country there has been a large increase in the share of profits that go to finance. This growth in the financial sector's profits has not been an accident; it is the result of conscious government policies. Remarkably, the economics profession has mostly viewed the growth of the financial sector as being of no special consequence, regarding its expansion as no different from growth in any other industry. This book takes an important step towards addressing this gap in research, examining the causes and consequences of an enlarged financial sector. The need for such work will become more evident as the world economy confronts more financial crises, like the stock market crash of 2000-2002.' -- Dean Baker, Center for Economic and Policy Research, USTable of ContentsContents: Preface PART I: INTRODUCTION AND DISTRIBUTIONAL IMPLICATIONS 1. Introduction: Financialization and the World Economy Gerald A. Epstein 2. Costs and Benefits of Neoliberalism: A Class Analysis Gérard Duménil and Dominique Lévy 3. The Rise of Rentier Incomes in OECD Countries: Financialization, Central Bank Policy and Labor Solidarity Gerald A. Epstein and Arjun Jayadev PART II: FINANCIALIZATION AND THE US ECONOMY 4. The Neoliberal Paradox: The Impact of Destructive Product Market Competition and ‘Modern’ Financial Markets on Nonfinancial Corporation Performance in the Neoliberal Era James Crotty 5. The Late 1990s’ US Bubble: Financialization in the Extreme Robert W. Parenteau 6. Derivatives Markets: Sources of Vulnerability in US Financial Markets Randall Dodd PART III: FINANCIALIZATION AND THE INTERNATIONAL MONETARY SYSTEM 7. Financial Globalization, Exchange Rates and International Trade Robert A. Blecker 8. The Eurodollar Market and the New Era of Global Financialization Edwin Dickens 9. The Role of the International Monetary System in Financialization Jane D’Arista PART IV: CASE STUDIES OF FINANCIALIZATION AND ECONOMIC CRISIS 10. The Rise of the New Money Doctors in Mexico Sarah Babb 11. The Making of the Turkish Financial Crisis Yilmaz Akyüz and Korkut Boratav 12. The Recent Crisis – and Recovery – of the Argentine Economy: Some Elements and Background Arturo O’Connell 13. International Liquidity and Growth Fluctuations in Brazil Nelson H. Barbosa-Filho 14. The Causes and Consequences of Neoliberal Restructuring in Post-Crisis Korea James Crotty and Kang-Kook Lee PART IV: POLICY PERSPECTIVES 15. Averting Crisis? Assessing Measures to Manage Financial Integration in Emerging Economies Ilene Grabel 16. Why International Capital Mobility Should be Curbed and How it Could be Done David Felix 17. Applying a Securities Transactions Tax to the US: Design Issues, Market Impact and Revenue Estimates Robert Pollin Index

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Book Synopsis'This book is a remarkable and often inspirational tour de force. Martin Jones confidently moves between theories of political economy and stories of regional and urban policy, using each to inform the other. He brings the uneven geographies of England to life, showing how they are reproduced in practice, while also offering the prospect of alternative futures.'- Allan Cochrane, The Open University, UKOffering a geographical political economy analysis, this book explores the mechanisms, institutions, and spaces of subnational economic development. Martin Jones innovatively examines how policy-makers frame problems and offer intervention solutions in different cities and regions.Drawing on different approaches to state intervention, neoliberalism, crisis and contradiction theories, and notions of depoliticisation, this book explains policy failure and how it is impacted by flux surrounding economic development. With constant changes to legislation, institutional initiatives, and ministerial responsibility, local and regional economic development is shown to be at a critical crossroads.Theoretically innovative and empirically focused, this timely book is a must-read for researchers and policy-makers of urban geography, regional development, political economy and public policy.Trade Review‘Cities and Regions in Crisis presents a rich and insightful analysis of urban and regional governance in England. Jones has rather successfully curated a body of work that not only documents, but also questions the notion of crises in the context of uneven development and, more specifically, in left behind places. It manages to be both comprehensive and inclusive, thoroughly researched and accessible, and highly theorized and policy relevant. It should be recognized as an important contribution to the fields of critical economic and political geographies, at what is ostensibly a defining moment for subnational economic development.’ -- Margaret Cowell, Spatial Research and Planning‘Jones provides us with a range and depth of theoretical foundations, arguments and empirics that gives the reader a variety of insights into the critiques of the economic policy in neoliberalism. The book memorably shows us that 'the need for new spatial frameworks and ways of coupling governance with regulation to hold down the global and ensure some level of social cohesion via applying the brakes on combined and uneven development has never been so urgent'. It provides not only with several highly relevant critical perspectives on the praxis within academia and in the public sphere in framing and managing the local, but it also offers a foundation of critique of neoliberal economic policy, discourses and place-making. Its application of theory in research and able linkage between theory and practical, concrete, ideas about government at the local level gives the reader not only the critical perspective but an idea of what can be done. This is a relevant book for any researcher or policymaker that grapples the linkage between institutional arrangements, governance, the changing contours of the economy, and the consequent effect on uneven development, resentment, and inequalities.’ -- Andreas Erlström, Eurasian Geography and Economics‘The book is a contribution to inter-disciplinary geographical political economy of cities and regions. Though based on England’s experience, the book is of general relevance and applicability across countries including India. It is a useful reference book for students, teachers, researchers, practitioners and policy makers who deal with multi-dimensional and comparative urban and regional economic governance and development issues in different countries and institutional set ups. The long list of references compressed in 48 pages at the end of the book is a fine source of comprehensive literature for both early and senior researchers in urban and regional development studies.’ -- M.R. Narayana, Aarthika Charche‘As Jones’ excellent study demonstrates, the last 30 odd years does not bode well, and without a challenge to the so-called ‘common sense’ of economic development, we will remain ensnared in the political and economy contradictions of neoliberalism. Exposing and challenging these contradictions, Cities and Regions in Crisis is essential reading for all scholars of the local state.’ -- Steven Griggs, Local Government Studies‘In Cities and Regions in Crisis, Jones achieves a synthesis of the literature critiquing neoliberal economic policy and space, and consolidates accounts of institutional changes and policy responses addressing the local effects of uneven development in the UK. His theoretical contributions are noteworthy, having been amongst the core group of scholars to challenge the neoliberal paradigm of development and carry associated ideas into the mainstream. His cases provide clear examples for applying theory in research. It is important for researchers and policy-makers to build upon the body of case research and to provide evidence that can be used to prevent the same failed policy responses from being repeated. For that, this book serves as a useful resource.’ -- Bradley Loewen, Regional Studies‘This book is a remarkable and often inspirational tour de force. Martin Jones confidently moves between theories of political economy and stories of regional and urban policy, using each to inform the other. He brings the uneven geographies of England to life, showing how they are reproduced in practice, while also offering the prospect of alternative futures.’ -- Allan Cochrane, The Open University, UK'Martin Jones is a critical economic and political geographer. This well-integrated monograph presents his radical, theoretically-informed, spatio-temporally nuanced, evidence-based research on cities and regions. While policy-relevant, it explains the many reasons why urban and regional policy-makers more often fail than succeed in delivering their changing projects. It deserves serious study.' --Bob Jessop, Lancaster University, UK'They say that crises are never really solved, only moved around. No one knows this better than Martin Jones, who for two decades has been one of the most astute, creative, and determined chroniclers of the churning ''system'' of urban and regional governance in England.' --Jamie Peck, University of British Columbia, Canada'In Cities and Regions in Crisis, Martin Jones has crafted a rich and grounded geographical political economy. Consolidating and integrating a deep and important body of work, he provides insightful analysis of urban and regional governance in England and extends this to reflect upon more progressive future directions. It offers much to inspire and inform research on the rolling predicament of governing uneven geographical development beyond its empirical focus.' --Andy Pike, Centre for Urban and Regional Development Studies (CURDS), Newcastle University, UKTable of ContentsContents: Preface Introduction: Geographical Political Economy, Neoliberalism, and the Crisis Space Impedimenta State PART I THE NEW LOCALISM 1. Government and Governance 2. Urban Crisis and Contradiction 3. Zones of Welfare and Workfare PART II THE NEW REGIONALISM 4. Regional Development Agencies 5. Spaces of Regionalism 6. City Region Building PART III THE NEW NEW LOCALISM 7. Locality Making 8. Devolution Dynamics 9. Devolution Depoliticisation PART IV ALTERNATIVES TO NEOLIBERALISM 10. Developing Inclusive Growth 11. Beyond Withered Local States Postscript: The Stoke Road to Brexit References Index

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Book SynopsisThis book analyzes the links between globalization and equity from the perspectives of seven regions: the Commonwealth of Independent States, East Asia and South Asia, Eastern and Central Europe, Latin America, the Middle East and North Africa, and Sub-Saharan Africa. It presents the views of researchers from the developing world, voices that are seldom heard in the ongoing debate on globalization, and provides models of successful research conducted in developing and transition countries, thus promoting homegrown expertise.The contributions from different regions reflect their disparate experiences and represent diverse positions on globalization and equity. Nevertheless, they reveal a fledgling consensus on the benefits of the developing world's entry into a global universe and the necessity for prudent adjustment to the perils of this endeavor.Academics interested in the political economy and development studies as well as policy-oriented researchers and policymakers concerned with the challenges entailed by globalization will find Globalization and Equity of great interest.Trade Review'In bringing together seven regional studies by economists from the Global Development Network, Natalia Dinello and Lyn Squire provide an insightful perspective on the relationships between globalization and equity. The topic is important, but too often has been oversimplified and viewed through western lenses. Complexity does not preclude strong conclusions, dubbed the Cairo Consensus here, but its analysis is helped by the mix of expertise and local knowledge embodied in this book.' -- Richard Pomfret, University of Adelaide, AustraliaTable of ContentsContents: Introduction 1. Globalization and Equity: Cutting Through the Confusion 2. Globalization and Inequality in the Arab Region 3. Sub-Saharan Africa: The Myth and the Reality 4. Economic Globalization and Equity in East Asia 5. Globalization, Equity and Poverty: The South Asian Experience 6. Institutions and the Commonwealth of Independent States 7. Transition, Globalization and Equity: Eastern and Central Europe 8. Globalization and Equity: A Latin American Perspective Index

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Book SynopsisThis book sets out to explain the very particular characteristics of Spanish infrastructure policy. The capital city of Madrid plays a central role. It not only achieved the status of economic capital of Spain in recent decades but together with its status as administrative and political capital Madrid endowed itself as absolute capital. The challenge is to understand why such development has taken place. First: radial policies in transport infrastructure, which were primarily subordinate to political and administrative objectives, could not be supported by the dynamics of economic activity. For that reason these policies demanded the use of extensive budgetary resources in the form of subsidies and grants that made possible what legislation alone could not achieve. Second: these policies respond to a regular and continuing historical pattern in Spanish politics, which began with the accession to the Spanish Crown of the Bourbon dynasty in the early eighteenth century. The new dynasty tried hard to translate into practice the vision of building a Nation like France, with a Capital like Paris. Third: the enduring strength of this historical pattern allows us to understand why infrastructural policies in Spain today are so unique and different from those of surrounding and comparable countries. Originally published to great acclaim in Spanish and Catalan, Professor Bel places the historical perspective in contemporary viewpoint in discussing the Spanish enthusiasm for high-speed railway, with the prospect of Madrid being connected with all provincial capitals, albeit while freight by train has been neglected; a fully centralised model of airport management that is unmatched among comparable countries; and a mixed (toll and toll-free motorways) and highly asymmetric territorial highway funding model for motorways.Trade Review"Germa` Bels book develops a rich and insightful analysis of the politics of nation building which have dominated the policy of transport infrastructure development in Spain since the nineteenth century...The book should appeal to academics, students and policy makers alike." Nagore Calvo Mendizabal, Kings College London, European History Quarterly Vol. 45 No. 1.Table of ContentsPreface; Introduction; A Review of the literature; The Model; Simulating the Entry of Multinationals without Profit Repatriation; Simulating the Entry of Multinationals with Profit Repatriation; Conclusions; Index.

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Book SynopsisThis book sets out to explain the very particular characteristics of Spanish infrastructure policy. The capital city of Madrid plays a central role. It not only achieved the status of economic capital of Spain in recent decades but together with its status as administrative and political capital Madrid endowed itself as absolute capital. The challenge is to understand why such development has taken place. First: radial policies in transport infrastructure, which were primarily subordinate to political and administrative objectives, could not be supported by the dynamics of economic activity. For that reason these policies demanded the use of extensive budgetary resources in the form of subsidies and grants that made possible what legislation alone could not achieve. Second: these policies respond to a regular and continuing historical pattern in Spanish politics, which began with the accession to the Spanish Crown of the Bourbon dynasty in the early eighteenth century. The new dynasty tried hard to translate into practice the vision of building a Nation like France, with a Capital like Paris. Third: the enduring strength of this historical pattern allows us to understand why infrastructural policies in Spain today are so unique and different from those of surrounding and comparable countries. Originally published to great acclaim in Spanish and Catalan, Professor Bel places the historical perspective in contemporary viewpoint in discussing the Spanish enthusiasm for high-speed railway, with the prospect of Madrid being connected with all provincial capitals, albeit while freight by train has been neglected; a fully centralised model of airport management that is unmatched among comparable countries; and a mixed (toll and toll-free motorways) and highly asymmetric territorial highway funding model for motorways.Trade Review"Germa` Bels book develops a rich and insightful analysis of the politics of nation building which have dominated the policy of transport infrastructure development in Spain since the nineteenth century...The book should appeal to academics, students and policy makers alike." Nagore Calvo Mendizabal, Kings College London, European History Quarterly Vol. 45 No. 1.Table of ContentsPreface; Introduction; A Review of the literature; The Model; Simulating the Entry of Multinationals without Profit Repatriation; Simulating the Entry of Multinationals with Profit Repatriation; Conclusions; Index.

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Book SynopsisIn the aftermath of popular uprisings that unleashed the quest for freedom, Arab governments scrambled to limit sectarian divisions, though much of these efforts came to naught. Regrettably, weak governments fell into carefully laid traps, aimed to divide and rule. Protracted wars further destroyed Arab wealth and cohesiveness, and Sunni communities saw their power bases marginalised. On cue, and predicted by some commentators, extremist movements like the so-called Islamic State emerged, targeting Sunnis with extreme violence. In 2014 Nabil Khalife, an established Lebanese thinker, published a widely praised thesis that identified the root causes of renewed sectarian tensions at a time when confrontations polarised awakened Arab societies. Based on an extensive discussion of the 1979 Iranian Revolution that toppled the Shah, Khalife advanced the notion that the revolution was not Islamic but an Iranian-Shiah rebellion that ended the Pahlavi military monarchy, and that the post-2011 Sunni-Shiah struggle was planned by leading Western powers, including Russia, to preserve Israel and impose the latters acceptance in the Middle East as a natural element. In this translation of Istihdaf Ahl al-Sunna [Targeting Sunnis], Joseph A. Kechichian analyses the fundamental questions raised by the author to better place the current sectarian collision in a geo-strategic global perspective. Based on the books avowals of how the worlds three monotheistic religions perceive each other and Political Sunnism, Kechichian assesses Henry Kissinger's famous appellation of the Middle World that houses significant and indispensable oil resources, and why that allegedly makes it -- Political Sunnism -- dangerous. In a comprehensive introduction to the translation, he describes various initiatives that led global powers to check the undeniable force of Political Sunnism.

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Book SynopsisIn the aftermath of popular uprisings that unleashed the quest for freedom, Arab governments scrambled to limit sectarian divisions, though much of these efforts came to naught. Regrettably, weak governments fell into carefully laid traps, aimed to divide and rule. Protracted wars further destroyed Arab wealth and cohesiveness, and Sunni communities saw their power bases marginalised. On cue, and predicted by some commentators, extremist movements like the so-called Islamic State emerged, targeting Sunnis with extreme violence. In 2014 Nabil Khalife, an established Lebanese thinker, published a widely praised thesis that identified the root causes of renewed sectarian tensions at a time when confrontations polarised awakened Arab societies. Based on an extensive discussion of the 1979 Iranian Revolution that toppled the Shah, Khalife advanced the notion that the revolution was not Islamic but an Iranian-Shiah rebellion that ended the Pahlavi military monarchy, and that the post-2011 Sunni-Shiah struggle was planned by leading Western powers, including Russia, to preserve Israel and impose the latters acceptance in the Middle East as a natural element. In this translation of Istihdaf Ahl al-Sunna [Targeting Sunnis], Joseph A. Kechichian analyses the fundamental questions raised by the author to better place the current sectarian collision in a geo-strategic global perspective. Based on the books avowals of how the worlds three monotheistic religions perceive each other and Political Sunnism, Kechichian assesses Henry Kissinger's famous appellation of the Middle World that houses significant and indispensable oil resources, and why that allegedly makes it -- Political Sunnism -- dangerous. In a comprehensive introduction to the translation, he describes various initiatives that led global powers to check the undeniable force of Political Sunnism.

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