Political economy Books

Book SynopsisThis book presents a detailed and critical account of the regulation approach in institutional and evolutionary economics. Offering both a theoretical commentary and a range of empirical examples, it identifies the successes and failures of the regulation approach as an explanatory theory, and proposes new guidelines for its further development. Although closely identified with heterodox French economists, there are several schools of regulation theory and the approach has also been linked to many topics across the social sciences. Bob Jessop and Ngai-Ling Sum provide detailed criticisms of the various schools of the regulation approach and their empirical application, and have developed new ways of integrating it into a more general critical exploration of contemporary capitalism. The authors go on to describe how the regulation approach can be further developed as a progressive research paradigm in political economy. Also presented is a detailed philosophical as well as theoretical critique of the regulation approach and its implications for the philosophy of social sciences and questions of historical analysis (especially periodization).Addressing the implications of the regulation approach for both the capitalist economy and the changing role of the state and governance, this book will be of great interest to a wide-ranging audience, including institutional and evolutionary economists, economic and political sociologists and social and political theorists.Trade Review'With this high theoretical work, Jessop and Sum offer a broad overview and critique of the regulation approach.' -- Emmanuelle Michotte, Sociology'Every now and then, a book comes along that you positively want to be asked to read and review, and this is one of them - a major work of scholarship in its own right, while at the same time, a ground-clearing exercise for what is to follow. . . . This, it should be emphasized, is a hugely impressive body of work, an expansive statement of Jessop's contribution as a major figure within the world of regulation approaches.' -- Ray Hudson, Economic GeographyTable of ContentsContents: Preface Introduction Part I: On the Regulation Approach 1. Early Regulation Approaches in Retrospect and Prospect 2. Fordism and Post-Fordism 3. Fordism, Post-Fordism and the Capitalist State Part II: Applications and Critical Appreciations of the RA 4. Neo-Conservative Regimes and the Transition to Post-Fordism 5. A Regulationist Re-reading of East Asian Newly Industrializing Economies: From Peripheral Fordism to Exportism 6. A Regulationist Perspective on the Asian ‘Crisis’ and After Part III: Developing the Regulation Approach 7. Regenerating the Regulation Approach 8. Bringing Governance into Capitalist Regulation 9. Rescaling Regulation and Governance in a Global Age Part IV: Moving Beyond the Regulation Approach 10. Critical Realism and the Regulation Approach: A Dialogue 11. Rethinking Periodization After Fordism 12. Gramsci as a Proto- and Post-Regulation Theorist Conclusion: Putting Capitalist Economies in their Place Bibliography Index

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Book SynopsisDemocracy is the rule of the people. Exchange is supply and demand. Individualism, agreement, tolerance and choice are the underlying values that make possible the productive collaboration of the market and the state. This book assesses the theories of democracy and exchange of five interdisciplinary thinkers who tried to unite political and economic reasoning into a single theory of moderation and pragmatic management.Democracy and Exchange is about the twin pillars of the consultative order. The subject is perennially topical and interesting, both in rich countries and in less-developed countries that are developing their own institutional mix. It also provides an in-depth analysis and comparison of the political economy of five seminal theorists: Adam Smith, Richard Titmuss, T.H. Marshall, J.K. Galbraith and Joseph Schumpeter.David Reisman's book will be of great interest to academics trying to understand the history of economic, political and social ideas, institutional economics, economic sociology and social policy. It is a comprehensive and novel interpretation of two related interrelated concepts, five difficult authors and some of the most pressing issues in present-day debates.Trade Review'This is a remarkable book. The chapters on Schumpeter and Marshall alone are worth the price and effort.' -- Journal of the History of Economic Thought'This is a remarkable book. The chapters on Schumpeter and Marshall alone are worth the price and effort.' -- Charles R. McCann, Jr., Journal of the History of Economic Thought'David Reisman has taken the impressive task to examine the relationship between democracy and exchange. He assesses the theories of the two pillars of political economy of five main figures in the history of economic thought (Schumpeter, Smith, Titmuss, T.H. Marshall and Galbraith). He does so in a very profound way providing a novel interpretation of the concepts of democracy and exchange.' -- European Association for Evolutionary Political Economy'David Reisman has written over a dozen books on important figures in political economy and has brought his subjects and their ideas to life as have few other authors. Now Reisman the historian of economic thought has become Reisman the political economic theorist. He puts to good use the insights of the important figures and of their critics to produce nothing less than the identification of the elements, problems, explanatory chains of reasoning, solutions, and critiques of solutions that issue forth from the transcendent problem of modern political economy: the achievement of democracy, somehow defined, in a world of unequal achievement and power, governance as encompassing more than government, and the manufacture of belief and manipulation of sentiment, with perceptivity and subtlety. It is a book I wish I had written.' -- Warren J. Samuels, Michigan State University, USTable of ContentsContents: 1. Introduction: Democracy and Exchange 2. Schumpeter on Democracy: The Classical Doctrine 3. Schumpeter on Democracy: The Economic Approach 4. Schumpeter: The Preconditions for Politics 5. Schumpeter: States and Systems 6. Galbraith: Ideas and Events 7. T.H. Marshall: Citizenship and Social Thought 8. T.H. Marshall: Citizenship and Social Rights 9. T.H. Marshall: Citizenship and Social Distance 10. T.H. Marshall: Welfare on the Middle Ground 11. Titmuss: Welfare as Good Conduct 12. Conclusion: Adam Smith on Market and State 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 SynopsisThis book provides a comparative study of the telecommunication reform process in three Central American countries - Costa Rica, Guatemala and Honduras - focusing on the roles of the local private sector and international financial institutions.By addressing the following questions, the book aims to understand the potential for the emergence of an autonomous and inclusive regulatory state: What has been the main driving force behind the wave of privatizations in Latin America? What has been the role of the international financial institutions (IFIs)? What kind of state emerges after privatization and regulatory reform? Why does privatization remain so unpopular? The author discusses the historical role of telecommunications in state power, the sources of proposed, failed and implemented reforms, and the political processes determining their destiny. Benedicte Bull concludes that the reform processes in the three countries show significant variation. This is accounted for - not by the different relationship to the IFIs, but by the different relationships between the state and the private sector. The impact of this on the reform process is also the key to understanding the state's capacity for post-reform regulation and the unpopularity of privatization.Academics and students with an interest in Latin American studies, international political economy, comparative politics and development studies will find this book of great appeal.Trade Review'This book, as the author intended, does indeed shed light on the role of competing elites as well as the IFIs in shaping the resulting new political economy in Central America. It could not have come at a better time, since CAFTA is bringing the issue to the streets again in these and other countries of the region. This book is definitely a "must read" for all those interested in the topic.' -- Rodolfo Cerdas, Latin American Studies'This is an important and thought provoking book for the understanding of privatisation. The author perceptively identifies contradictions that emerge from the process and outcome of privatisation, and attempts to explain these through a comparative analysis of telecommunications reform in three Central American countries. The result is a carefully researched book that provides new insights into the politics of privatisation. It will be compelling reading for the student and practitioner alike.' -- Paul Cook, University of Manchester, UKTable of ContentsContents: Preface 1. Privatization Puzzles 2. The Politics of Privatization 3. Guatemala: Privatization in a Captured State 4. Costa Rica: In Defense of the Welfare State 5. Honduras: Privatization in the Ritual Aid Dance 6. Comparisons and Conclusions: Privatization, Development and Legitimacy Bibliography Index

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Book SynopsisPolitical economy has been at the core of entrepreneurship research since its conception. Although the entrepreneur is frequently regarded as the key figure in the capitalist system, academic research in economics has for a long time overlooked the entrepreneur in its analyses of growth. In terms of political economy this neglect has been even more glaring. These volumes bring together the most important contributions from a very scattered and disparate research field. The collection provides scholars, postgraduates, and students of economics and entrepreneurship with a systematic exposition of a largely undefined field of research.Trade Review,i>‘. . . the two-volume edition on the political economy of entrepreneurship by Henrekson and Douhan forms an impressive handbook in the field.’Table of ContentsContents: Volume I Acknowledgements Introduction Magnus Henrekson and Robin Douhan PART I OVERVIEW 1. William J. Baumol (2002), ‘Independent Innovation in History: Productive Entrepreneurship and the Rule of Law’ 2. Joseph A. Schumpeter ([1942] 1950) ‘Crumbling Walls’ 3. Joseph A. Schumpeter (1983), ‘American Institutions and Economic Progress’ 4. Israel M. Kirzner (1985), ‘The Primacy of Entrepreneurial Discovery’ 5. Tony Fu-Lai Yu (2001), ‘An Entrepreneurial Perspective of Institutional Change’ 6. Daron Acemoglu and James A. Robinson (2006), ‘De Facto Political Power and Institutional Persistence’ 7. Bruce L. Benson (2004), ‘Opportunities Forgone: The Unmeasurable Costs of Regulation’ 8. Magnus Henrekson and Ulf Jakobsson (2001), ‘Where Schumpeter was Nearly Right – The Swedish Model and Capitalism, Socialism and Democracy’ PART II PROPERTY RIGHTS AND ENTREPRENEURSHIP 9. Hernando de Soto (2000), ‘The Mystery of Capital’ 10. Simon Johnson, John McMillan and Christopher Woodruff (2002), ‘Property Rights and Finance’ 11. Francisco M. Gonzalez (2005), ‘Insecure Property and Technological Backwardness’ 12. Wei Fan and Michelle J. White (2003), ‘Personal Bankruptcy and the Level of Entrepreneurial Activity’ PART III TAXATION AND ENTREPRENEURSHIP A Theoretical 13. Evsey D. Domar and Richard A. Musgrave (1944), ’Proportional Income Taxation and Risk-Taking’ 14. S.M. Kanbur (1981), ‘Risk Taking and Taxation: An Alternative Perspective’ 15. Martin T. Robson and Colin Wren (1999), ‘Marginal and Average Tax Rates and the Incentive for Self-Employment’ 16. Christian Keuschnigg and Soren Bo Nielsen (2002), ‘Tax Policy, Venture Capital and Entrepreneurship’ B Empirical 17. Donald Bruce and Mohammed Mohsin (2006), ‘Tax Policy and Entrepreneurship: New Time Series Evidence’ 18. Donald Bruce (2000), ‘Effects of the United States Tax System on Transitions into Self-employment’ 19. Simon C. Parker (2003), ‘Does Tax Evasion Affect Occupational Choice?’ 20. William M. Gentry and R. Glenn Hubbard (2000), ‘Tax Policy and Entrepreneurial Entry’ 21. Robert Carroll, Douglas Holtz-Eakin, Mark Rider and Harvey S. Rosen (2000), ‘Income Taxes and Entrepreneurs’ Use of Labor’ PART IV SUBSIDIES TO ENTREPRENEURSHIP 22. William G. Gale (1991), ‘Economic Effects of Federal Credit Programs’ 23. David de Meza (2002), ‘Overlending?’ 24. Christian Keuschnigg and Soren Bo Nielsen (2001), ‘Public Policy for Venture Capital’ 25. Wenli Li (1998), ‘Government Loan, Guarantee and Grant Programs: An Evaluation’ Name Index Volume II Acknowledgements An introduction to both volumes by the editors appears in Volume I. PART I ENTREPRENEURSHIP POLICIES A Theoretical 1. Brett Anitra Gilbert, David B. Audretsch and Patricia P. McDougall (2004), ‘The Emergence of Entrepreneurship Policy’ 2. Douglas Holtz-Eakin (2000), ‘Public Policy Toward Entrepreneurship’ B Empirical 3. Josh Lerner (1999), ‘The Government as Venture Capitalist: The Long-Run Impact of the SBIR Program’ 4. Colin Wren and David J. Storey (2002), ‘Evaluating the Effect of Soft Business Support upon Small Firm Performance’ 5. Douglas J. Cumming and Jeffrey G. MacIntosh (2006), ‘Crowding Out Private Equity: Canadian Evidence’ PART II POLITICAL ENTREPRENEURSHIP 6. Randall G. Holcombe (2002), ‘Political Entrepreneurship and the Democratic Allocation of Resources’ 7. Michael Wohlgemuth (2000), ‘Political Entrepreneurship and Bidding for Political Monopoly’ PART III POLITICAL MARKETS, INTEREST GROUPS AND COALITIONS 8. George J. Stigler (1971), ‘The Theory of Economic Regulation’ 9. Daron Acemoglu and Thierry Verdier (1998), ‘Property Rights, Corruption and the Allocation of Talent: A General Equilibrium Approach’ 10. Konstantin Sonin (2003), ‘Why the Rich may Favor Poor Protection of Property Rights’ 11. Jesper Roine (2006), ‘The Political Economics of Not Paying Taxes’ PART IV INNOVATION AND VESTED INTERESTS 12. Joel Mokyr (2000), ‘Innovation and its Enemies: The Economic and Political Roots of Technological Inertia’ 13. Per Krusell and José-Víctor Ríos-Rull (2002), ‘Politico-Economic Transition’ 14. Giorgio Bellettini and Gianmarco I.P. Ottaviano (2005), ‘Special Interests and Technological Change’ 15. Daron Acemoglu and James A. Robinson (2000), ‘Political Losers as a Barrier to Economic Development’ PART V ENTREPRENEURSHIP AND SOCIAL MOBILITY 16. Césaire A. Meh (2005), ‘Entrepreneurship, Wealth Inequality and Taxation’ 17. Vincenzo Quadrini (2000), ‘Entrepreneurship, Saving and Social Mobility’ 18. Douglas Holtz-Eakin, Harvey S. Rosen and Robert Weathers (2000), ‘Horatio Alger Meets the Mobility Tables’ PART VI ENTREPRENEURSHIP IN TRANSITION ECONOMIES 19. John McMillan and Christopher Woodruff (2002), ‘The Central Role of Entrepreneurs in Transition Economies’ 20. Alberto Chilosi (2001), ‘Entrepreneurship and Transition’ 21. David Smallbone and Friederike Welter (2001), ‘The Role of Government in SME Development in Transition Economies’ PART VII ENTREPRENEURSHIP IN THE WELFARE STATE 22. Hans-Werner Sinn (1996),’Social Insurance, Incentives and Risk Taking’ 23. Pekka Ilmakunnas and Vesa Kanniainen (2001), ‘Entrepreneurship, Economic Risks and Risk-Insurance in the Welfare State: Results with OECD Data 1978–93’ 24. Magnus Henrekson (2005), ‘Entrepreneurship: A Weak Link in the Welfare State?’ Name Index

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

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Book SynopsisRegionalism in the Asia-Pacific is a complex, diverse, highly contested and still rapidly evolving phenomenon. Crucial to an understanding of this phenomenon is the relationship between globalization and regionalization, between states, markets and civil society, and between US hegemony and Asian aspirations. This volume, the sequel to States, Markets and Civil Society in Asia Pacific, makes these interacting relationships the centrepiece of its analysis. It examines the multiple attempts at institutional innovation, especially over the last twenty years, by placing them in their geo-political, geo-economic and cultural contexts. ASEAN, the ASEAN Regional Forum, APEC, ASEAN+3, ASEM, sub-regional economic zones, KEDO, CSCAP and other organizations are surveyed not as ends in themselves but for what they tell us of shifting political, economic and normative trends in Asia-Pacific and beyond.Comparing and contrasting the roles of great and middle powers, of state and non-state actors, and of governmental and non-governmental regional organizations, this book will appeal to scholars with an interest in the political economy of the Asia-Pacific region, international relations, and regional and global governance. Regionalism in the New Pacific Order will be invaluable to policymakers, diplomats, business analysts, journalists, NGO representatives, and researchers with a stake in the future development of the Asia-Pacific region.Trade Review'. . . it is hard to think of a better or more comprehensive general introduction to what is still likely to prove to be the most important region in the world. . . the two volumes are likely to set an imposing benchmark for similar studies for some time to come.' -- Mark Beeson, Labour and Industry'. . . this sequel to States, Markets and Civil Society in Asia Pacific can be distinguished from most of its competitors by its conceptual richness, analytical depth and empirical informativeness. Its comprehensive coverage of fields including economics, politics, regional security and socio-cultural interactions, its long time frame - which Camilleri calls "evolutionary perspective" - and the wide range of regional and subregional settings it examines, including the Asia-Pacific (through APEC) and Southeast Asia (through ASEAN), set this volume apart in the literature.' -- Takashi Terada, Bulletin of Indonesian Economic Studies'The book is remarkable in both breadth and depth. It is an invaluable contribution to our understanding of regionalism in the Asia-Pacific region. . . it is essential to understanding regionalism, especially because globalization itself has been under various challenges.' -- Jian Yang, New Zealand International Review'It is an intellectual tour-de-force for which Joe must be very proud and we must be very grateful. It provides us with the benchmark for auditing current and prospective developments with respect to regional security cooperation, for assessing the relative strengths of the contradictory dynamics and understanding the processes which resolve this tension in the production of responses and outcomes, and ultimately for confirming the veracity of alternative reconstructions and the analytical power and perspicacity of their respective architects.' -- Desmond Ball, Australian National University, Australia'In the face of international developments, globalization in particular, regionalism has become increasingly important in world politics and has re-emerged once again in academic interest. Yet there is still much confusion about what regionalism means and what it implies. This is especially so about Asian regionalism. Joseph Camilleri's truly magisterial study of the political economy of regionalism in Asia deals systematically and comprehensively with Asian regionalism in its various forms and shifting dimensions and argues logically and clearly its conclusions. Reflecting the author's depth of scholarship, it will remain for a long time an essential reference on regionalism in Asia but it also offers critical lessons for the study of regionalism elsewhere in the world.'Table of ContentsContents: Preface 1. Conceptualizing Region and Regionalism 2. Asia-Pacific as Region 3. Regionalism in the Era of Bipolarity 4. ASEAN: Transition to the New Regionalism 5. Multilateral Responses to Competitive Interdependence 6. Limits of the New Regionalism 7. ASEAN: The Challenges of Adaptation 8. Multilateralism by Other Means 9. Clash or Dialogue of Civilizations? State and Civil Society 10. Comprehensive Security: An Emerging Architecture for Asia Pacific Bibliography Index

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Book SynopsisAlthough most people believe that some form of government is necessary, until recently it was merely an assumption that had never been analyzed from an economic point of view. This changed in the 1970s when economists at the Center for the Study of Public Choice engaged in a systematic exploration of the issue. This stimulating collection, the first book-length treatment on the public choice theory of government, continues and extends the research program begun more than three decades ago.The book reprints the main articles from the 1972 volume Explorations in the Theory of Anarchy, and contains a response to each chapter, as well as new comments by Gordon Tullock, James Buchanan, Jeffrey Rogers Hummel and Peter Boettke. The younger economists are notably less pessimistic about markets and more pessimistic about government than their predecessors. Much of the new analysis suggests that private property rights and contracts can exist without government, and that even though problems exist, government does not seem to offer a solution. Might anarchy be the best choice after all? This provocative volume explores this issue in-depth and provides some interesting answers.Economists, political scientists, philosophers and lawyers interested in public choice, political economy and spontaneous order will find this series of essays illuminating.Trade Review'The collection is well-rounded, including both purely theoretical analyses, as well as contributions with a strong historical and empirical focus. . . This is an excellent collection not only for all those interested in the question of whether anarchy constitutes a feasible option that is superior to statist societies, but also for those interested in understanding how many real-world interactions do take place in the absence of effective third-party enforcement.' -- Ralf M. Bader, Economic Affairs'This is an excellent book. Edward Stringham has collected a set of very helpful essays exploring the economics of bottom-up social organization of anarchy.' -- - Review of Austrian EconomicsTable of ContentsContents: 1. Introduction Edward Stringham 2. Individual Welfare in Anarchy Winston Bush 3. Jungle or Just Bush? Anarchy and the Evolution of Cooperation Jason Osborne 4. The Edge of the Jungle Gordon Tullock 5. Social Interaction without the State Christopher Coyne 6. Towards a Theory of the Evolution of Government J. Patrick Gunning 7. Do Contracts Require Formal Enforcement? Peter T. Leeson 8. Before Public Choice James M. Buchanan 9. Public Choice and Leviathan Benjamin Powell 10. Cases in Anarchy Thomas Hogarty 11. Defining Anarchy as Rock-n-Roll: Rethinking Hogarty’s Three Cases Virgil Storr 12. Private Property Anarchism: An American Variant Laurence Moss 13. Anarchism and the Theory of Power Warren Samuels 14. Polycentrism and Power Scott Beaulier 15. Reflections After Three Decades James M. Buchanan 16. Anarchy Gordon Tullock 17. Tullock on Anarchy Jeffrey Rogers Hummel 18. Anarchism as a Progressive Research Program in Political Economy Peter J. Boettke Index

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Book SynopsisWhilst the prevailing orthodoxy of the expenditure retrenchment literatureis that globalisation and neo-liberal ideas are leading to a downsizing of the state, empirical research - basing its conclusions on patterns of welfare state spending - does not support such a view. This book brings a new perspective to bear by looking at what has been happening to other areas of the state's activity.Edited by Francis G. Castles, a leading authority in the field, and bringing together an outstanding group of British, German and American scholars, it examines trends in non-social or 'core' spending on public administration, defence, public order, education, economic affairs and debt financing and in the regulatory ordering of the economic sphere. The book not only opens up new areas of comparative public policy research, >but also demonstrates clearly that there have been real reductions in the reach of state in some areas, although patterns of causation are more complex and varied than generally presumed by the retrenchment literature.The research findings reported in The Disappearing State? provide pivotal, relevant and challenging core material for advanced undergraduate and postgraduate courses in public and social policy, political economy and the sociology of the modern state.Trade Review'Most comparative research on public expenditure retrenchment has concentrated on the welfare state. This exciting and innovative volume takes a new approach. It focuses instead on non-social programmes such as education, defence and economic affairs, demonstrates that this is where the real cost-cutting has taken place and shows, paradoxically, that these cuts have made social spending more politically salient in the public expenditure calculus. This is a book which extends the reach of our understanding of modern public policy at the same time as it extends our knowledge of the reach of the modern state.' -- Stephan Leibfried, University of Bremen, Germany'In this volume, Frank Castles and his team of experts continue the myth-busting process begun in Castles's 2004 analysis of welfare state crisis. Their combination of statistical sophistication and theoretical reflection on the political economy of public expenditure slices straight through the myriad misplaced assumptions regarding the decline of the state, globalization, "races to the bottom" and welfare retrenchment. This book makes compulsory reading for all social scientists.' -- Martin Rhodes, University of Denver, US'I like simple sentences, cross-country collaborations, great graphs, and compelling conclusions. Here, remarkably, we have a book with all four. This is vibrant writing on a topic - the long reach of state spending - that figures in everyone's lives. It is hard to know whether the book will be more gripping for the Prime Minister or for high-brow professors of economics and political science.' -- Andrew Oswald, University of Warwick, UKTable of ContentsContents: Preface 1. Introduction Francis G. Castles 2. Testing the Retrenchment Hypothesis: An Aggregate Overview Francis G. Castles 3. Data on the Functions of Government: Where Are We Now? Neil Fraser and Paul Norris 4. The Changing Cost of Government: Trends in the State Overhead Budget Richard Parry 5. Sinking Budgets and Ballooning Prices: Recent Developments Connected to Military Spending Thomas R. Cusack 6. Expenditure on Public Order and Safety Paul Norris 7. Testing the Retrenchment Hypothesis: Educational Spending, 1960–2002 Manfred G. Schmidt 8. The Real Race to the Bottom: What Happened to Economic Affairs Expenditure After 1980? Herbert Obinger and Reimut Zohlnhöfer 9. A Mortgage on the Future? Public Debt Expenditure and Its Determinants, 1980–2001 Uwe Wagschal 10. Moving Beyond Expenditure Accounts: The Changing Contours of the Regulatory State, 1980–2003 Nico A. Siegel Index

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Book SynopsisAmidst mounting global policy attention directed toward international migration, this book offers an exhaustive review of the issues and evidence linking economic development in low-income countries with their migration experiences. The diversity of outcomes is explored in the context of; migration from East Europe and from the Maghreb to the EU; contract labor from South Asia in the Persian Gulf; highly skilled migrants moving to North America; and labor circulation within East Asia.Labor market responses at home, the brain drain, remittances, the roles of a diaspora, and return migration are each addressed, as well as an exploration of the effects of economic development upon migration and the implications of long-term dependence on a migration nexus. Robert Lucas concludes with an assessment of the winners and losers in the migration process, both at home and in the destination regions, before summarizing the main policy options open to both.This accessible and topical book offers invaluable insights to policy makers in both industrialized and developing countries as well as to scholars and researchers of economics, development, international relations and to specialists in migration.Trade Review'Robert E. B. Lucas draws together 15 chapters, including his own synopsis, on the important and somewhat controversial topic of international migration and economic development. Much prior work has focused on the interaction between internal migration and economic development with major emphasis on development in the migrants' destination. With its focus on the interaction between international migration and economic development in origin countries, this contribution diverges from much earlier work . . . Robert E. B. Lucas, is a major participant in this field of study, and he has drawn together a number of outstanding articles. Those who teach development economics would be wise to consider the International Handbook on Migration and Economic Development as a supplemental reader in their courses.' -- Michael J. Greenwood, Journal of Regional Science'. . . fascinating book. . . Lucas' study presents an overview of migration against the backdrop of globalisation, making it a fascinating and highly recommended read.' -- Antonio MartIn Artiles, Transfer'The book helps readers and policymakers to learn and think about the current status of complicated changing international migration and links with economic development in many countries and regions of the world.' -- Yasuko Hayase, The Developing Economies'Lucas provides a substantial contribution to our understanding of the effect of international migration on economic development as it exists at the turn of the millennium. He takes a remarkably even-handed approach to addressing the complex issues that surround migration and development today; seemingly willing to learn the truth no matter where it leads on this politically controversial issue. This impartial treatise will be useful to anyone studying migration, international labor markets, or economic development.' -- Kirk Dameron, Journal of Economic IssuesTable of ContentsContents: Part I: Introduction 1. The Context 2. The Determinants of Migration: Controls, Pressures and Outcomes Part II: Consequences for Economic Development in the Countries of Origin 3. Labor Market Responses to Emigration 4. Emigration of the Highly Skilled: Regimes, Costs and Responses 5. Reported and Informal Remittances: How Much? Who Sends? Who Benefits? 6. The Diaspora and Transnational Networks 7. Repeat and Return Migration: A Habit or ‘There and Back Again’ 8. Poverty, Inequality and the Social Impacts of Migration Part III: Conclusions: Policy Choices and the Political Economy of Migrations Regimes 9. Who Benefits from International Migration? Beyond Economic Development at Origin 10. Migration Regimes and Economic Development: Policy Implications References Index

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

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Book SynopsisThe practice of regulatory impact assessment has long needed a critical Better state regulation is a key component of economic reform. This is the first book to comprehensively explore international experience in the use of Regulatory Impact Assessment (RIA), which involves assessing the potential benefits and costs of any regulatory change. The contributors reveal that RIA is being adopted by an increasing number of countries as a route to better regulation with varying degrees of success. The book includes contributions from leading experts on regulatory reform and introduces a range of case studies from developed, developing and transitional economies.Comprehensive in its approach, this book contributes to the literature on evidence-based decision making as part of the new public management. By rigorously examining the principles of better regulation and focusing on the problem of applicability and adoption of RIA practices around the world, it will greatly aid understanding of regulatory policy design and implementation.The book will be invaluable for academics and researchers of public policy and management in developed, developing and transitional countries. It will also be of great practical relevance to government administrators and policymakers challenged by the need to understand the scope and limitations of RIA.Trade Review’This volume, which is interdisciplinary and international, and combines academic and practitioner insights, hits the spot to great effect.' -- Colin Scott, UCD College of Business and Law and UCD School of Law, IrelandTable of ContentsContents: Preface 1. Regulatory Impact Assessment: An Overview Colin Kirkpatrick and David Parker 2. Current Trends in the Process and Methods of Regulatory Impact Assessment: Mainstreaming RIA into Policy Processes Scott H. Jacobs 3. Indicators of Regulatory Quality Fabrizio De Francesco and Claudio M. Radaelli 4. Measuring RIA Quality and Performance Peter Ladegaard 5. Better Regulation and Impact Assessment in the European Commission Lorenzo Allio 6. The Evolution and Development of Regulatory Impact Assessment in the UK Colin Jacobs 7. Auditing Regulatory Impact Assessment: UK Experience Ed Humpherson 8. Regulatory Impact Assessment in Australia: A Survey of 20 Years of RIA Implementation Rex Deighton-Smith 9. Regulatory Impact Assessment in Developing Countries David Parker and Colin Kirkpatrick 10. Regulatory Impact Assessment: A Tool for Improved Regulatory Governance in Sri Lanka Malathy Knight-John 11. Regulatory Impact Assessment in East Africa Darren Welch 12. Regulatory Impact Assessment in Mexico Cesar Cordova Novion 13. South East Europe: Opportunities and Challenges for Improving Regulatory Quality Margo Thomas Index

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Book SynopsisThe rapid ageing of societies in many industrialized countries threatens the stability of unfunded public pension systems. An immigration policy that accepts young workers would appear to be a simple solution to the challenge, by increasing the number of contributors to the pension system. Tim Krieger uses public choice analysis to investigate whether a majority of voters would pursue an active immigration policy in order to stabilize its unfunded public pension system. Public Pensions and Immigration is a thorough and rigorous treatment of pension policy and international labor migration based on public choice theory, including an extensive discussion of pension policy in Europe and the challenges arising from increased labor mobility between EU member states. Tim Krieger reveals that the voting outcome critically depends on such parameters as the type of pension system, migrant qualifications and the possibility of return migration. He argues that the EU institutional framework, with respect to pension policy, cannot prevent harmful migration between EU member countries which is, in part, induced by differences in pension systems. This book will appeal to researchers and scholars in the fields of economics, public choice, political science, European integration and migration. Policymakers involved in pension policy, immigration policy and European integration policy will also find this an illuminating book.Trade Review'. . . it should be welcomed by analysts, researchers, and others interested in one of the most intractable problems of Western societies - the affordability of a welfare state when a population is ageing.' -- Jonathan Grant, Population Studies'The relationship between ageing societies and immigration raises a variety of key social and political questions. Krieger provides an invaluable examination of the issues particularly surrounding their impact on pensions, voting and public opinion. As public debate on immigration increasingly heats up, this is a very timely book.' -- Steven Vertovec, University of Oxford, UKTable of ContentsContents: Preface 1. Introduction 2. Some Basic Facts on Ageing Societies and Immigration 3. Unfunded Pension Systems, Ageing Societies and Immigration 4. The Political Economy of Pension Policy and Immigration 5. A General Voting Model on Immigration and Pensions 6. Voting on Immigration when Pension Systems Differ 7. Redistribution and Labor Mobility 8. Pension Policy in the European Union 9. Pension Policy and the EU Eastern Enlargement 10. Concluding Remarks Appendices References Index

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

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Book SynopsisAre public sector institutions being exposed to ever-greater oversight, audit and inspection in the name of efficiency, accountability and risk management? Controlling Modern Government explores the long-term development of controls over government across five major state traditions in developed democracies - US, Japan, variants of continental-European models, a Scandinavian case and variants of the Westminster model. A central aspect of the study is an eight country comparison of variety in the use of controls based in oversight, competition, mutuality and contrived randomness in the selected domains of the high bureaucracy at the core of the state, the higher education sector and the prison sector. Countries covered include Australia, France, Germany, Japan, the Netherlands, Norway, the UK and the USA.Providing a comparison of trends in the last quarter century in control over public sector activities in OECD countries, this book will be invaluable reading for academics and graduate students focussing on political science and public administration, as well as policymakers in OECD countries.Trade Review'The editors and authors are to be congratulated on a book that is unusually well integrated, filled with interesting findings, and, best of all, theoretically sophisticated and stimulating.' -- Joel D. Aberbach, West European Politics'Controlling Modern Government is likely to become a seminal text in the field of control and accountability systems. Christopher Hood and his colleagues have produced a majestic volume that exposes and teases apart the multitude of co-existent control mechanisms that are to be found across time, policy fields and jurisdictions. The outcome is a nuanced understanding of the complexity of modern governance and the importance of state traditions and professional cultures.' -- Matthew Flinders, Public Administration'. . . a most disciplined book that spells out what it is going to do then does it well.' -- Malcolm Crompton, Public Administration Today‘This book sets a new standard for systematic use of comparative information in studies on accountability and control. It is a welcome change from the past tendency in this field to build theoretical mountains on empirical molehills.' -- Charles Polidano, Office of the Prime Minister, MaltaTable of ContentsContents: Preface Part I: Introduction 1. Controlling Public Services and Government: Towards a Cross-National Perspective Part II: Control over Government in Three Domains 2. Prisons: Varying Oversight and Mutuality, Much Tinkering, Limited Control 3. Higher Education and University Research: Harnessing Competition and Mutuality to Oversight? 4. Higher Civil Servants: Neither Mutuality Implosion nor Oversight Explosion Part III: Conclusions 5. Conclusion: Making Sense of Controls over Government Bibliography Index

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Book SynopsisThis important book offers a comprehensive defence of classical liberalism against contemporary challenges. It sets out an analytical framework of 'robust political economy' that explores the economic and political problems that arise from the phenomena of imperfect knowledge and imperfect incentives. Using this framework, the book defends the classical liberal focus on markets and the minimal state from the critiques presented by 'market failure' economics and communitarian and egalitarian variants of political theory. Mark Pennington expertly applies the lessons learned from responding to these challenges in the context of contemporary discussions surrounding the welfare state, international development, and environmental protection. Written in an accessible style, this authoritative book would be useful for both undergraduate and graduate students of political economy and public policy as a standard reference work for classical liberal analysis and a defence of its normative prescriptions. The book's distinctive approach will ensure that academic practitioners of economics and political science, political theory and public policy will also find its controversial conclusions insightful.Contents: 1. Introduction: Classical Liberalism and Robust Political Economy; Part I: Challenges to Classical Liberalism; 2. Market Failures 'Old' and 'New': The Challenge of Neo-Classical Economics; 3. Exit, Voice and Communicative Rationality: The Challenge of Communitarianism I; 4. Exit, Trust and Social Capital: The Challenge of Communitarianism II; 5. Equality and Social Justice: The Challenge of Egalitarianism; Part II: Towards the Minimal State; 6. Poverty Relief and Public Services: Welfare State or Minimal State?; 7. Institutions and International Development: Global Governance or the Minimal State?; 8. Environmental Protection: Green Leviathan or the Minimal State?; 9. Conclusion; Bibliography; IndexTrade Review’I really enjoyed reading Mark Pennington's book. Really, really enjoyed it. He nicely blends public choice and Austrian insights, the notion of robust political economy as something that takes into account self-interest, knowledge, and incentives. Pennington expertly highlights the comparative institutional arrangements and the plurality of choices that a system with several property and exit possibilities provides. Uniquely, he discusses how neither straight neoclassical economics nor the Stiglitz variety gets it. This is an important book because it attempts to address the critics directly. It is a book almost custom-made for those who want to defend classical liberalism against the common arguments.' -- Bruce J. Caldwell, Duke University, US'Mark Pennington presents a wide ranging and imaginative treatment of the superiority of classical liberalism over the various state-centered ideologies that presently enjoy wide currency. Among other things, we learn why people who are concerned with inequality and social solidarity should embrace the minimal state of classical liberalism and reject today's total states with their unlimited domains. I was delighted to have been able to read this book as I learned much from it, and I am confident other readers will have the same experience.' -- Richard E. Wagner, George Mason University, US'Mark Pennington presents a wide ranging and imaginative treatment of the superiority of classical liberalism over the various state-centered ideologies that presently enjoy wide currency. Among other things, we learn why people who are concerned with inequality and social solidarity should embrace the minimal state of classical liberalism and reject today's total states with their unlimited domains. I was delighted to have been able to read this book as I learned much from it, and I am confident other readers will have the same experience.' -- Richard E. Wagner, George Mason University, USTable of ContentsContents: 1. Introduction: Classical Liberalism and Robust Political Economy Part I: Challenges to Classical Liberalism 2. Market Failures ‘Old’ and ‘New’: The Challenge of Neo-Classical Economics 3. Exit, Voice and Communicative Rationality: The Challenge of Communitarianism I 4. Exit, Trust and Social Capital: The Challenge of Communitarianism II 5. Equality and Social Justice: The Challenge of Egalitarianism Part II: Classical Liberalism and the Future of Public Policy 6. Poverty Relief and Public Services: Welfare State or Minimal State? 7. Institutions and International Development: Global Governance or the Minimal State? 8. Environmental Protection: Green Leviathan or the Minimal State? 9. Conclusion References Index

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Book Synopsis'As immigration has spread from traditional receiving nations to developed countries throughout the world, the economics of migration has become a burgeoning field of research. Amelie Constant and Klaus Zimmermann's International Handbook offers an excellent, state-of-the-art guide to the rapidly changing intellectual terrain, providing comprehensive coverage of the topics necessary to comprehend patterns and processes of migration in the world today. It will be an indispensable guide to scholars and policy-makers for years to come.'- Douglas S. Massey, Princeton University, USMigration economics is a dynamic, fast-growing research area with significant and rising policy relevance. While its scope is continually extending, there is no authoritative treatment of its various branches in one volume. Written by 44 leading experts in the field, this carefully commissioned and refereed Handbook brings together 28 state-of-the-art chapters on migration research and related issues.Well-written and highly accessible, each chapter comprises a critical assessment of the status quo and presents challenges to the traditional economics of migration by addressing taboo issues. Topics explored include: child labor migrants; immigrant educational mismatch; ethnic hiring; immigrants, wages and obesity; ethnic identities and the nation-state; natural disasters and migration; immigration-religiosity intersections; immigration and crime; immigrants' time use; happiness and migration; diaspora resources and policies; and the evaluation of immigration policies.Forging new foundations in the field of migration and providing areas for future research, this Handbook will prove a seminal reference for academics and students with an interest in international and labor economics, and in regional studies. Social psychologists and behavioral scientists, as well as practitioners in political, cultural, social, demographic, environmental and healthcare arenas, will find the ethnic identities coverage and analysis of methods for studying ethnic identities an invaluable reference tool.Contributors: F.M. Antman, L.M. Argys, S.L. Averett, A. Aydemir, A.R. Belasen, B. Bell, A.F. Constant, D.J. DeVoretz, E.V. Edmonds, G.S. Epstein, R.W. Fairlie, G. Friebel, D. Furtado, T. García-Muñoz, C. Giulietti, M. Grignon, S. Guriev, T.J. Hatton, M. Kahanec, J. Kennan, J.L. Kohn, S. Machin, S. Neuman, D. Neumark, O. Nottmeyer, P.M. Orrenius, Y. Owusu, K. Patel, M. Piracha, S. Plaza, S.W. Polachek, D.C. Ribar, U. Rinne, Y. Savchenko, M. Shrestha, N.B. Simpson, A. Sweetman, S.J. Trejo, F. Vadean, F. Vella, J. Wahba, J.R. Walker, M. Zavodny, K.F. ZimmermannTrade Review’Constant and Zimmermann have assembled a collection of essays that is remarkable in one extremely important way: it integrates many novel research topics into the mainstream immigration literature, including ethnic hiring patterns, obesity, the economic consequences of interethnic marriages, the link between natural disasters and migration, immigrant time use, and the relationship between migration and happiness. These survey papers are destined to become beacons for future researchers as each of these topics will inevitably receive much more attention in future research.’ -- George Borjas, Harvard University’This is an extremely impressive volume which guides readers into thinking about migration in new ways. In its various chapters, international experts examine contemporary migration issues through a multitude of lenses ranging from child labor, human trafficking and jobs to the political economy of migration and refugees. The result is a fascinating assessment of the role of migration in driving population change in the modern age. This will surely serve as a reference volume for those interested in migration for years to come.’ -- Deborah Cobb-Clark, Melbourne Institute of Applied Economic and Social Research, Australia’A comprehensive, truly encyclopedic collection of original surveys and essays discussing migration and topics related to the movement of people among countries and areas. The studies both present and review the literature critically and in many cases offer new results. The basic theory is laid out right from the start, providing a nice introduction and framework for the other 27 chapters. While most are interesting and worth reading, as a novice in the field of migration I found the essays on human smuggling and natural disasters to be particularly enlightening and important. I can recommend this Handbook to any labor economist or sociologist with a scholarly interest, either for research or for instruction, in this general area. The volume is definitive.' -- - Daniel S. Hamermesh, University of Texas at Austin, US and Royal Holloway, University of London, UK'As immigration has spread from traditional receiving nations to developed countries throughout the world, the economics of migration has become a burgeoning field of research. Amelie Constant and Klaus Zimmermann's International Handbook offers an excellent, state-of-the-art guide to the rapidly changing intellectual terrain, providing comprehensive coverage of the topics necessary to comprehend patterns and processes of migration in the world today. It will be an indispensable guide to scholars and policy-makers for years to come.' -- - Douglas S. Massey, Princeton University, USTable of ContentsContents: Frontier Issues in Migration Research Amelie F. Constant and Klaus F. Zimmermann PART I: INTRODUCTION 1. Migration and Ethnicity: An Introduction Amelie F. Constant and Klaus F. Zimmermann PART II: THE MOVE 2. Modeling Individual Migration Decisions John Kennan and James R. Walker 3. The Economics of Circular Migration Amelie F. Constant, Olga Nottmeyer and Klaus F. Zimmermann 4. The International Migration of Health Professionals Michel Grignon, Yaw Owusu and Arthur Sweetman 5. Independent Child Labor Migrants Eric V. Edmonds and Maheshwor Shrestha 6. Human Smuggling Guido Friebel and Sergei Guriev PART III: PERFORMANCE AND THE LABOR MARKET 7. Labor Mobility in an Enlarged European Union Martin Kahanec 8. Minority and Immigrant Entrepreneurs: Access to Financial Capital Robert W. Fairlie 9. Migrant Educational Mismatch and the Labor Market Matloob Piracha and Florin Vadean 10. Ethnic Hiring David Neumark 11. Immigrants in Risky Occupations Pia M. Orrenius and Madeline Zavodny 12. Occupational Sorting of Ethnic Groups Krishna Patel, Yevgeniya Savchenko and Francis Vella 13. Immigrants, Wages and Obesity: The Weight of the Evidence Susan L. Averett, Laura M. Argys and Jennifer L. Kohn PART IV: NEW LINES OF RESEARCH 14. Immigrants, Ethnic Identities and the Nation-State Amelie F. Constant and Klaus F. Zimmermann 15. Interethnic Marriages and their Economic Effects Delia Furtado and Steven J. Trejo 16. The Impact of Migration on Family Left Behind Francisca M. Antman 17. Natural Disasters and Migration Ariel R. Belasen and Solomon W. Polachek 18. Immigration–Religiosity Intersections at the Two Sides of the Atlantic: Europe and the United States Teresa García-Muñoz and Shoshana Neuman 19. Immigration and Crime Brian Bell and Stephen Machin 20. Immigrants’ Time Use: A Survey of Methods and Evidence David C. Ribar 21. Happiness and Migration Nicole B. Simpson PART V: POLICY ISSUES 22. Frontier Issues of the Political Economy of Migration Gil S. Epstein 23. Skill-based Immigrant Selection and Labor Market Outcomes by Visa Category Abdurrahman Aydemir 24. Refugee and Asylum Migration Timothy J. Hatton 25. The Economics of Immigrant Citizenship Ascension Don J. DeVoretz 26. Welfare Migration Corrado Giulietti and Jackline Wahba 27. Diaspora Resources and Policies Sonia Plaza 28. The Evaluation of Immigration Policies Ulf Rinne Index

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Book SynopsisThe authors provide a fresh and accessible multi-disciplinary perspective on public management reform in this study. The work includes a broad survey of the paradigms and patterns that have shaped and differentiated the reform process in different countries.The book focuses on two themes not usually considered together. First, the scope and limits of the role economists have played in reform processes, not simply in terms of providing analytical models but in the actual leadership required to advance reform coherently. Secondly, the authors examine the importance of developing leadership at all levels of the public sector to take advantage of the opportunities reforms have generated, and to create new sources of public value. In bringing these themes together they uniquely show how the family of economic theories (public choice, agency theory and new institutional economics) can be adapted to explain why there might be a demand for developing public sector leadership that reflects an 'appreciative' managerial style as opposed to the hard-edged contractualism often associated with public management reform.Trade Review'A "must-read" for students, researchers and practitioners in the areas of public economics, public management and politics. The book provides both a useful reference that highlights links between these fields and an essential stimulus to future cross-disciplinary research in this important area.' -- Andrew C. Worthington, University of Wollongong, Australia'In this new, exciting exposition, Brian Dollery and Joe Wallis (here joined by Linda McLoughlin) continue their unique explorations advancing the frontiers of public administration and political economy with a fresh, challenging, and thought-provoking analysis of the effects and implications of more than two decades of public sector reform.' -- Zane Spindler, Simon Fraser University, CanadaTable of ContentsContents: Preface 1. Introduction 2. Public Sector Reform: Modernization, Paradigms and Patterns 3. Economic Foundations of Public Sector Reform 4. An Economic Theory of Leadership 5. The Contribution of Economists to Policy Leadership and Public Sector Reform 6. The Role of Leadership Development in Public Sector Reform and Modernization 7. Conclusion References Index

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Book SynopsisAfter more than two decades of widespread hardship for most nations, what are the different paths available for them to resume steady growth and welfare? Will they actually succeed in building new growth models that meet the challenges of the present phase of internationalisation? This book attempts to answer these questions by analysing different perspectives and discussing the conditions for new national growth trajectories to emerge. The book provides conceptual tools for characterising alternative growth regimes by analysing their institutional backgrounds and political context. Unlike standard convergence theories, the authors argue that the diversity of capitalism is likely to persist as national economies adapt to the forces of globalisation. Still these national paths remain strongly conditioned by the kind of governance set up at both regional and fully international levels.The Hardship of Nations will be of great interest to undergraduates and graduates in the social sciences - economics, political sciences, sociology, geography and management - who require an overview of the debates on growth of national economies in the present stage of globalisation.Table of ContentsContents: General Introduction Benjamin Coriat, Pascal Petit and Geneviève Schméder PART I: A NEW FINANCE-LED CAPITALISM 1. The Future of Capitalism Michel Aglietta 2. The Special Position of the United States in the Finance-led Regime: How Exportable is the US Venture Capital Industry? François Chesnais 3. Moves Towards Finance-led Capitalism: The French Case Benjamin Coriat PART II: ALTERNATIVE PERSPECTIVES ON CONTEMPORARY CAPITALISM 4. Socio-Institutional Changes in the Post-Fordist Era Pascal Petit 5. Is the New Economy Made in America? Pascal Petit 6. To Have or to Be: A Topological Approach of the Interaction between State and Economy Bruno Théret PART III: REGIONAL PROCESSES UNDER STRAIN 7. The Institutional and Policy Weaknesses of the European Union: The Evolution of the ‘Policy Mix’ Robert Boyer 8. Disruptive Effects of Financial Deregulation: The Japanese and Korean Crises Benjamin Coriat and Patrice Geoffron 9. Argentina’s Structural Crisis Luis Miotti and Carlos Quenan 10. Convergence and Diversity in National Trajectories of Post-Socialist Transformation Bernard Chavance and Eric Magnin PART IV: GLOBAL TENSIONS 11. From the Cold War to the New International Disorder Geneviève Schméder 12. Shadow Economy and Economic Criminalisation in Transition Economies Jacques Sapir 13. Global Geography of Post-Fordism: Knowledge and Polarisation El Mouhoub Mouhoud PART V: CONCLUSION 14. Post-Fordisms in a More Globalised Capitalism Benjamin Coriat, Pascal Petit and Geneviève Schméder Index

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Book SynopsisRegulatory economics has become increasingly important over the last quarter of a century, in part as a result of the wave of privatization, starting in the UK, which made the regulation of monopoly of much greater interest. The discipline has also become more rigorous, increasingly employing powerful analytical and econometric methods. This volume brings together some of the leading contributions to the literature on this subject. The book is an invaluable resource for scholars, policymakers and regulators in the study of privatization and regulation.Table of ContentsContents: Acknowledgements Introduction Michael Crew and David Parker PART I PRIVATIZATION 1. Andrei Shleifer (1998), ‘State versus Private Ownership’ 2. Bruno Biais and Enrico Perotti (2002), ‘Machiavellian Privatization’ 3. Enrico C. Perotti (1995), ‘Credible Privatization’ 4. Oliver Hart, Andrei Shleifer and Robert W. Vishny (1997), ‘The Proper Scope of Government: Theory and an Application to Prisons’ 5. Francesca Cornelli and David D. Li (1997), ‘Large Shareholders, Private Benefits of Control, and Optimal Schemes of Privatization’ 6. Florencio López-de-Silanes (1997), ‘Determinants of Privatization Prices’ 7. Steven L. Jones, William L. Megginson, Robert C. Nash and Jeffry M. Netter (1999), ‘Share Issue Privatizations as Financial Means to Political and Economic Ends’ 8. William L. Megginson and Jeffry M. Netter (2001), ‘From State to Market: A Survey of Empirical Studies on Privatization’ 9. David M. Newbery and Michael G. Pollitt (1997), ‘The Restructuring and Privatisation of Britain’s CEGB – Was It Worth It?’ 10. David S. Saal and David Parker (2001), ‘Productivity and Price Performance in the Privatized Water and Sewerage Companies of England and Wales’ 11. Lisa Harris, David Parker and Andrew Cox (1998), ‘UK Privatization: Its Impact on Procurement’ PART II REGULATION 12. Stephen C. Littlechild (1983), Regulation of British Telecommunications’ 13. Mark Armstrong and David E.M. Sappington (2006), ‘Regulation, Competition, and Liberalization’ 14. Roger Sherman (1993), ‘Should Ramsey-Price Markups Differ?’ 15. Jean-Jacques Laffont and Jean Tirole (1996), ‘Creating Competition Through Interconnection: Theory and Practice’ 16. Mark Armstrong, Chris Doyle and John Vickers (1996), ‘The Access Pricing Problem: A Synthesis’ 17. Michael A. Crew, Chitru S. Fernando and Paul R. Kleindorfer (1995), ‘The Theory of Peak-Load Pricing: A Survey’ 18. David E.M. Sappington (2005), ‘Regulating Service Quality: A Survey’ 19. William W. Hogan (1992), ‘Contract Networks for Electric Power Transmission’ 20. Catherine Waddams Price and Ruth Hancock (1998), ‘Distributional Effects of Liberalising UK Residential Utility Markets’ 21. Stephen C. Littlechild (2002), ‘Competitive Bidding for a Long-Term Electricity Distribution Contract’ Name 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 SynopsisThis book explores the interdependences of economic globalization, political tensions, and national policymaking whilst analysing opportunities for governance reform at both national and international levels. It considers how governance mechanisms can be fashioned in order to both exploit the opportunities of globalization and cope with the numerous potential conflicts and risks. The authors adopt a multidisciplinary approach based on various theories from economics, political science, sociology and law to provide new insights into globalization processes, their causes and effects and to further develop the understanding of, and interaction between globalization and governance. They underline the need to design innovative governance structures at national, regional, and global levels ? an unalterable precondition to overcome political, cultural, and distributional conflicts in a globalizing world. In conclusion, the book prescribes development strategies to successfully manage and overcome the political, cultural and distributional conflicts arising in a globalizing world.Highlighting the successes and failures of globalization, this challenging book will be warmly welcomed by scholars and researchers in various fields of economics including development economics, institutional economics, political economy, and the economics of transition. Those with an interest in regulation and governance, including policymakers and professionals in non-governmental organizations and development agencies will also find the book to be an invaluable tool.Table of ContentsContents: 1. Governance, Development, and Institutional Change in Times of Globalization Joachim Ahrens PART I: CONFLICT AND COOPERATION 2. Samuel Huntington’s Clash of Civilizations − A Self-fulfilling Prophecy? Werner Ruf 3. France and the Islamic World: Exterior and Interior Aspects of an Exceptional Relationship Gisela Müller-Brandeck-Bocquet 4. The Role of Turkey: Secular Statehood and Islam Gülistan Gürbey 5. The EU and the Middle East Conflict: Promoting Peace and Reform? Isabel Schäfer 6. The European Union’s Foreign Policy: Regional Profile and Global Reach Udo Diedrichs PART II: NATIONAL STRATEGIES 7. Small Countries – Useful Lessons: Governance in EU Accession Countries and in East Asia Joachim Ahrens 8. Successfully Catching Up: Non-Orthodox Economic and Governance Reforms in India and China Christian Roland 9. Africa: Sad Proof that Institutions Do Matter Janina Weingarth and Alfred Wiederer 10. On the African Development Tragedy Jörn Altmann PART III: NEWLY EMERGING GLOBAL ACTORS AND NETWORKS 11. The Beginning of the End of the Western-dominated World Order? On the Dynamics of the Rise of China and India Dirk Messner 12. Globalization, Social Movement, and the Labor Market: A Transatlantic Perspective Welf Werner 13. Global Governance and the Private Sector Peter-Tobias Stoll 14. Regions in the World Economic Triangle Dirk Messner References Index

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

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Book SynopsisTransfrontier conservation is a global concept which encompasses the protection of biodiversity spanning the borders of two or more countries in ways that support local economic development, international relations and peace. Nowhere is this more relevant but highly debatable than in Africa, which is home to a third of the world's terrestrial biodiversity, while at the same time hosting its poorest nations. This is one of the first books to account for the emergence of transfrontier conservation in Africa against international experiences in bioregional planning. The roles of the state and local populations are analysed, as well as the ecological, socio-economic and political implications.Table of Contents1: Perspectives on TFCA's: An Introduction 2: On the Ideological Foundations of Transfrontier Conservation Areas 3: Peace Through Ecology? A Soft Approach to Hard Realities 4: Local Initiatives and their Regional and Global Connections 5: Southern African Development Community: A Regional Catalyst 6: Silencing Community Struggles 7: The Renaissance of the Bush: The Reinvention of the Cape to Cairo Route in Contemporary Africa 8: Mapping Africa's Future 9: Postscript: Transfrontier Parks and the Legacy of Rupert

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Book SynopsisRe-envisages what we know about African political economies through its examination of one of the key questions in colonial and African history, that of commercial agriculture and its relationship to slavery. This book considers commercial agriculture in Africa in relation to the trans-Atlantic slave trade and the institution of slavery within Africa itself, from the beginnings of European maritime trade in the fifteenth century to theearly stages of colonial rule in the twentieth century. From the outset, the export of agricultural produce from Africa represented a potential alternative to the slave trade: although the predominant trend was to transport enslaved Africans to the Americas to cultivate crops, there was recurrent interest in the possibility of establishing plantations in Africa to produce such crops, or to purchase them from independent African producers. Thisidea gained greater currency in the context of the movement for the abolition of the slave trade from the late eighteenth century onwards, when the promotion of commercial agriculture in Africa was seen as a means of suppressing the slave trade. At the same time, the slave trade itself stimulated commercial agriculture in Africa, to supply provisions for slave-ships in the Middle Passage. Commercial agriculture was also linked to slavery within Africa, since slaves were widely employed there in agricultural production. Although Abolitionists hoped that production of export crops in Africa would be based on free labour, in practice it often employed enslaved labour, so that slaveryin Africa persisted into the colonial period. Robin Law is Emeritus Professor of African History, University of Stirling; Suzanne Schwarz is Professor of History, University of Worcester; Silke Strickrodt is Visiting Research Fellow at the Department of African Studies and Anthropology, University of Birmingham.Trade ReviewThe ideas put forward in this volume open a new set of research questions in African History and will inspire further comparative analyses across time and space. * HISTORIA AGRARIA *[T]his volume is the new and best gateway for students, non-Africanist historians, and specialists alike into the scholarly history of this subfield, its emergent (and enduring) debates, and state-of-the-art case studies that stimulate new theorizing. * INT'L JOURNAL OF AFRICAN HISTORICAL STUDIES *[These essays] add much information about the African economies from the seventeenth to the nineteenth centuries, as well as provide new insights into the Atlantic Economy in these years. This is an important collection of first-rate essays. * EH.NET *'[Looks]... at one of the most perplexing questions in world history: as so many of the crops which were cultivated in the Americas by African slave labour were grown or could be grown in Africa, why were the costs and the horrors of the Middle Passage undertaken? ... It is a problematic that demands a serious discussion of what we know about African political economies in the last half of the last millennium AND a real command of the intentions and understandings of the 'merchants trading into Africa'...This will prove, at least I hope it will prove, to be a much-discussed book. It is a fine collection and it is a major collection.' - Professor Richard Rathbone, Emeritus Professor and Professorial Research Associate, * SOAS *'Though many books deal with the so-called transition in West Africa from slave trading to legitimate trade, none has such a valuable, direct focus on the role of commercial agriculture in the process. One learns an enormous amount about slavery, slave-trading, the Atlantic slave trade, and the movement to abolish slave trading and slavery from reading this book. This book is of critical importance to each of these topics or sub-fields.' - -- Professor Donald Wright, Distinguished Teaching Professor of History, State University of New YorkTable of ContentsIntroduction The slave trade and commercial agriculture in an African context - David Eltis São Tomé and Príncipe: The first plantation economy in the tropics - Gerhard Seibert The export of rice and millet from Upper Guinea into the 16th-century Atlantic trade - Toby Green 'Our indico designe': Planting and processing indigo for export, Upper Guinea coast, 1684-1702 - Colleen E Kriger 'There's nothing grows in the West Indies but will grow here': European projects of plantation agriculture on the Gold Coast, 1650s-1780s - Robin Law The origins of 'legitimate commerce' - Christopher Brown Friederichsnopel: A Danish project of commercial agriculture on the Gold Coast, 1788-1793 - Per Hernaes 'The Colony has made no progress in agriculture': Contested perceptions of agriculture in the colonies of Sierra Leone and Liberia - Bronwen Everill Church Missionary Society projects of agricultural improvement in the 19th century: Sierra Leone and Yorubaland - Kehinde Olabimtan Agricultural enterprise and unfree labour in 19th-century Angola - Roquinaldo Ferreira Commercial agriculture and the ending of slave-trading and slavery in West Africa, 1780s-1920s - Gareth Austin

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Book SynopsisSpanning the period from the cold war to the 'war on terror', examines the political economy dynamics of security and insecurity on the continent, as well as its implications for political actions. More than any other part of the globe, Africa has become associated with conflict, insecurity and human rights atrocities. In the popular imagination and the media, overpopulation, environmental degradation and ethnic hatred dominate accounts of African violence, while in academic and policy-making circles, conflict and insecurity have also come to occupy centre stage, with resource-hungry warlords and notions of 'greed' and 'grievance' playing key explanatory roles. Since the attacks of 9/11, there has also been mounting concern that the continent's so-called 'ungoverned spaces' will provide safe havens for terrorists intent on destroying Western civilization. The Review of African Political Economy has engaged extensively with issues of conflict and security, both analysing on-going conflicts and often challenging predominant modes of explanation and interpretation. This Review of African Political Economy Reader provides a timely, comprehensive and critical contribution to contemporary debates about conflict and security on the continent. The first section, covers some of the continent's main post-Cold War conflicts and demonstrates their global connections. The articles also discuss the so-called 'resource curse', as well as the global arms trade, and reveal the complexities of the relationship between the economic and the political. The second section focuses on security as part of post-Cold War global governance, and discusses the effects of liberal peace-building as well as the link between development assistance and the 'war on terror'. The final section examines life as it continues in conditions of war and shows how insecurity reconfigures urban space, transforms social order, identities and authority. Rita Abrahamsen is Professor in the Graduate School of Publicand International Affairs, University of Ottawa, Canada Published in association with ROAPE ROAPE African Readers Series Editors: Tunde Zack-Williams & Ray BushTrade ReviewIt contains core literature on conflicts in the field of political economy that will ensure stimulating debates, particularly in the classroom. * AFRICAN AFFAIRS *Table of ContentsIntroduction: Conflict & Security in Africa. PART I: GLOBAL ECONOMIES, STATE COLLAPSE & CONFLICTS - Rita Abrahamsen Ironies of Post-Cold War Structural Adjustment in Sierra Leone. (No. 67, 1996) - William Reno Timber Booms, State Busts: The Political Economy of Liberian Timber. (No. 101, 2004) - Patrick B. Johnston Petro-Insurgency or Criminal Syndicate? Conflict & Violence in the Niger Delta. (No.114, 2007) - Michael J. Watts Oil as the 'Curse' of Conflict in Africa: Peering through the Smoke & Mirrors. (No. 114, 2007) - Cyril I. Obi Defence Expenditures, Arms Procurement & Corruption in Sub-Saharan Africa. (No. 121, 2009) PART II: GLOBAL SECURITY GOVERNANCE Somalia: 'They Created a Desert & Called it Peace(building'). (No. 120, 2009) - Ken Menkhaus The Burundi Peace Negotiations: An African Experience of Peace-Making. (No. 112, 2007) PART III: CULTURES OF CONFLICT & INSECURITY - Patricia Daley Blair's Africa: The Politics of Securitization & Fear. (Alternatives 30, 2005) - Rita Abrahamsen Abductions, Kidnappings & Killings in the Sahel and Sahara. (No. 38, 2011) SECTION 3: CULTURES OF CONFLICT& INSECURITY - Franklin Charles Graham IV The Political Economy of Sacrifice: Kinois & the State. (No. 93/94, 2002) - Theodore Trefon A City under Siege: Banditry & Modes of Accumulation in Nairobi, 1991-2004. (No. 106, 2005) - Musambayi Katumanga Côte d'Ivoire: Patriotism, Ethnonationalism & other African Modes of Self-writing. (African Affairs 2006, 105 (421): 535-52) - Richard Banegas Beyond Civil Society: Child Soldiers as Citizens in Mozambique. (No. 80, 1999) - Carol B. Thompson

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Book SynopsisA uniquely detailed account of the dynamics of Afro-European trade in two states on the western Slave Coast over three centuries and the transition from slave trade to legitimate commerce. From 1550 to colonial partition in the mid-1880s, trade was key to Afro-European relations on the western Slave Coast (the coastal areas of modern Togo and parts of what are now Ghana and Benin). This book looks at the commercialrelations of two states which played a crucial role in the Atlantic slave trade as well as the trade in ivory and agricultural produce: Hula, known to European traders as Grand Popo (now in Benin) and Ge, known as Little Popo (nowin Togo). Situated between the Gold Coast to the west and the eastern Slave Coast to the east, this region was an important supplier of provisions for Europeans and the enslaved Africans they purchased. Also, due to its positionin the lagoon system, it facilitated communication along the coast between the trading companies' headquarters on the western Gold Coast and their factories on the eastern Slave Coast, particularly at Ouidah, the Slave Coast's major slave port. In the 19th century, when the trade at more established ports was disrupted by the men-of-war of the British anti-slave trade squadron, the western Slave Coast became a hot-spot of illegal slave trading. Providing a detailed reconstruction of political and commercial developments in the western Slave coast, including the transition from the slave trade to legitimate commerce, this book also reveals the region's position in the wider trans-Atlantic trade network and how cross-cultural partnerships were negotiated; the trade's impact on African coastal "middlemen" communities; and the relative importance of local and global factors for the history of a region or community. Silke Strickrodt is Research Fellow in Colonial History, German Historical Institute London. She is co-editor (with Robin Law and Suzanne Schwarz) of Commercial Agriculture, the Slave Trade and Slavery in Atlantic Africa (James Currey, 2013).Trade ReviewRequired reading for anyone with an interest in the history of the region, as well as a valuable contribution to the history of West Africa and the Atlantic world in general. * AFRICAN AFFAIRS *This book is a masterpiece of historical research, critical analysis, and writing. * SLAVERY & ABOLITION *By providing the first extended analysis of Afro-European trade in the western Slave Coast, Strickrodt has helped to fill a much-needed void in our knowledge of the subject. * H-ASIA *Impressively researched and very readable study of the Western Slave Coast. * AFRICA *Strickrodt is a meticulous scholar. . . . She has written an account that is very valuable not only for the history of the peoples studied, but also for understanding the diverse ways the slave trade shaped those who participated in it. * AMERICAN HISTORICAL REVIEW *The work provides a thorough narrative of the events of the western Slave Coast that expertly connects internal and external causes of change. Recommended. * CHOICE *Table of ContentsIntroduction The regional setting The Atlantic connection: Little Popo and the rise of Afro-European trade, c.1600 to 1702 The era of the warrior kings, 1702 to 1772 The era of the traders, 1772 to c.1807 Disintegration and reconstitution: political developments, 1820s to 1870s From slaves to palm oil: Afro-European trade, c.1807 to 1870s Epilogue: The colonial partition and its consequences, 1870s to c.1900

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Book SynopsisRe-envisages what we know about African political economies through its examination of one of the key questions in colonial and African history, that of commercial agriculture and its relationship to slavery. This book considers commercial agriculture in Africa in relation to the trans-Atlantic slave trade and the institution of slavery within Africa itself, from the beginnings of Afro-European maritime trade in the fifteenth century to the early stages of colonial rule in the twentieth century. For Europeans, the export of agricultural produce represented a potential alternative to the slave trade from the outset and there was recurrent interest in establishing plantations in Africa or in purchasing crops from African producers. This idea gained greater currency in the context of the movement for the abolition of the slave trade from the late eighteenth century onwards, when the promotion of commercial agriculture in Africa was seen as a means of suppressing the slave trade. Robin Law is Emeritus Professor of African History, University of Stirling; Suzanne Schwarz is Professor of History, University ofWorcester; Silke Strickrodt is a Visiting Research Fellow in the Department of African Studies and Anthropology at the University of Birmingham.Trade Review[T]his volume is the new and best gateway for students, non-Africanist historians, and specialists alike into the scholarly history of this subfield, its emergent (and enduring) debates, and state-of-the-art case studies that stimulate new theorizing. * INT'L JOURNAL OF AFRICAN HISTORICAL STUDIES *[These essays] add much information about the African economies from the seventeenth to the nineteenth centuries, as well as provide new insights into the Atlantic Economy in these years. This is an important collection of first-rate essays. * EH.NET *'[Looks]... at one of the most perplexing questions in world history: as so many of the crops which were cultivated in the Americas by African slave labour were grown or could be grown in Africa, why were the costs and the horrors of the Middle Passage undertaken? ... It is a problematic that demands a serious discussion of what we know about African political economies in the last half of the last millennium AND a real command of the intentions and understandings of the 'merchants trading into Africa'...This will prove, at least I hope it will prove, to be a much-discussed book. It is a fine collection and it is a major collection.' - Professor Richard Rathbone, Emeritus Professor and Professorial Research Associate, * SOAS *'Though many books deal with the so-called transition in West Africa from slave trading to legitimate trade, none has such a valuable, direct focus on the role of commercial agriculture in the process. One learns an enormous amount about slavery, slave-trading, the Atlantic slave trade, and the movement to abolish slave trading and slavery from reading this book. This book is of critical importance to each of these topics or sub-fields. -- Professor Donald Wright, Distinguished Teaching Professor of History, State University of New YorkTable of ContentsIntroduction The slave trade and commercial agriculture in an African context - David Eltis São Tomé and Príncipe: The first plantation economy in the tropics - Gerhard Seibert The export of rice and millet from Upper Guinea into the 16th-century Atlantic trade - Toby Green 'Our indico designe': Planting and processing indigo for export, Upper Guinea coast, 1684-1702 - Colleen E Kriger 'There's nothing grows in the West Indies but will grow here': European projects of plantation agriculture on the Gold Coast, 1650s-1780s - Robin Law The origins of 'legitimate commerce' - Christopher Brown Friederichsnopel: A Danish project of commercial agriculture on the Gold Coast, 1788-1793 - Per Hernaes 'The Colony has made no progress in agriculture': Contested perceptions of agriculture in the colonies of Sierra Leone and Liberia - Bronwen Everill Church Missionary Society projects of agricultural improvement in the 19th century: Sierra Leone and Yorubaland - Kehinde Olabimtan Agricultural Enterprise and Unfree Labour in Nineteenth-Century Angola - Roquinaldo Ferreira Commercial agriculture and the ending of slave-trading and slavery in West Africa, 1780s-1920s - Gareth Austin

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Book SynopsisMulti-disciplinary examination of the role of ordinary African people as agents in the generation and distribution of well-being in modern Africa. What are the fundamental issues, processes, agency and dynamics that shape the political economy of life in modern Africa? In this book, the contributors - experts in anthropology, history, political science, economics, conflict and peace studies, philosophy and language - examine the opportunities and constraints placed on living, livelihoods and sustainable life on the continent. Reflecting on why and how the political economy of life approach is essential for understanding the social process in modern Africa, they engage with the intellectual oeuvre of the influential Africanist economic anthropologist Jane Guyer, who provides an Afterword. The contributors analyse the politicaleconomy of everyday life as it relates to money and currency; migrant labour forces and informal and formal economies; dispossession of land; debt and indebtedness; socio-economic marginality; and the entrenchment of colonial andapartheid pasts. Wale Adebanwi is the Rhodes Professor of Race Relations at the University of Oxford. He is author of Nation as Grand Narrative: The Nigerian Press and the Politics of Meaning (University of Rochester Press).Trade ReviewAn essential volume. For scholars of Africa, several of the contributors and perspectives may well be familiar (more than half of the book's contributors are professors, who have published widely), but the gathering of critical perspectives offers a rare opportunity to take stock of what James Ferguson calls a 'shared intellectual sensibility' (Foreword, p. xvii). For those who are not so familiar with African research, or who may want to move beyond policy approaches, this book is a formidable place to start. * AFRICA AT LSE BLOG *This book is an important and stimulating addition to African Studies and, indeed, as emphasized by Jane Guyer and many of the contributors, also to social theory, especially social theory of 'economic life. * AFRICAN STUDIES REVIEW *The text is enriched by sound theoretical discussions and by intellectual excursions into the colonial and contemporary era in Nigeria, German Kamerun, apartheid and contemporary South Africa, and, in the case of Mali and its environs, by insights into the formidable challenges posed by ethnocentric mediation and interpretation. Recommended. * CHOICE *The book is highly recommended. * THE ROUND TABLE *This volume insightfully weaves together an impressive range of topics, scales and themes through often rich and fascinating case studies which make it valuable to anyone interested in economic anthropology. * SOCIAL ANTHROPOLOGY *Wale Adebanwi's thought-provoking introduction spells out an intriguing and yet straightforwardly sociological mission for anthropologists of Africa today: to study the everyday lives of Africans under the economic constraints they face. * Journal of Royal Anthropological Institute *Table of ContentsForeword - James Ferguson Approaching the Political Economy of Everyday Life: An Introduction - Wale Adebanwi PART I - MONEY MATTERS: CURRENCY AND FISCAL LIFE STRUGGLES Cattle, Currencies and the Politics of Commensuration on a Colonial Frontier - John and Jean Comaroff Currency and Conflict in Colonial Nigeria - David Pratten Coercion or Trade? Multiple Self-realization during the Rubber Boom in German Kamerun (1899-1913) - Peter L Geschiere Coercion or Trade? Multiple Self-realization during the Rubber Boom in German Kamerun (1899-1913) - Tristan Oestermann The Macroeconomics of Marginal Gains: Africa's Lessons to Social Theorists - Celestin Monga PART II - LABOUR, SOCIAL LIVES AND PRECARITY From Enslavement to Precarity? The Labour Question in African History - Frederick Cooper Navigating Formality in a Migrant Labour Force - Maxim Bolt PART III - MARGINALITY, DISAFFECTION AND BIO-ECONOMIC DISTRESS Precarious Life: Violence and Poverty Under Boko Haram and MEND - Michael J. Watts The Debt Imperium: Relations of Owing after Apartheid - Anne-Maria Makhulu Marginal Men and Social Conflicts in Nigeria: Okada Riders in Lagos - Gbemisola Animasawun Sopona, Social Relations and the Political Economy of Colonial Smallpox Control in Ekiti, Nigeria - Elisha P. Renne PART IV - HISTORY, TEMPORALITY, AGENCY AND DEMOCRATIC LIFE History as Value Added? Valuing the Past in Africa - Sara S. Berry Cultural Mediation, Colonialism and Politics: Colonial "Truchement", Postcolonial Translator - Souleymane Bachir Diagne "Kos'ona Miran?" Patronage, Prebendalism and Democratic Life in Contemporary Nigeria - Adigun Agbaje AFTERWORD: The Landscapes Beyond the Margins: Agency, Optimization and the Power of the Empirical - Jane Guyer

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Book SynopsisAn alternative analysis of the impact of the 1975 land reforms on peasant land rights, rural inequality and development in Ethiopia's Amhara highlands; essential reading for those engaged in research and policymaking in peasant studies, land and agriculture. The land issue, as in other parts of Africa, dominates life in Ethiopia, where agriculture accounts for 80 per cent of employment, but despite land reform, progress seems out of reach for many. Drawing on extensive ethnographic fieldwork in northern Ethiopia from the 1990s onwards, this is a welcome and overdue local analysis of the impact of the land tenure system in the Amhara highlands. Complementing the macro research of international economists, the authors take a detailed look at the impact of the 1975 land reforms for those in North Shäwa, Wälo and Gojam regions, where the peasantry depend upon the land not only for their homes, but their livelihoods. The land tenure systemis commonly thought to have been settled by land certification following the reforms, but the contributors reveal that rather than this leading to periodic redistribution and tenure insecurity, farmers here had 'conditional' private ownership within the framework of ultimate state control. The book also reveals the importance of social differentiation, with the peasant farm closely linked to household processes. In rural economies such as Ethiopia, the land question remains critical for future development, and the book ends by drawing out the implications of the authors' research for policymakers, governments and societies in the Global South. SVEIN EGE is Associate Professor in African Studies at the Department of Social Anthropology, Norwegian University of Science and Technology, Trondheim. His published works include The Promised Land: The Amhara land redistribution of 1997 (1997).Trade ReviewThe book is the result of the longitudinal observation of land tenure systems in different localities of Ethiopia's Amhara Region and provides valuable insight into the particularities of tenure and various post-1974 land reforms. * AFRICA SPECTRUM *Table of ContentsIntroduction - Svein Ege Peasant Land Tenure: A Critical Review - Svein Ege The Dersha System: Rethinking Land Tenure under the Därg - Svein Ege Land Tenure in Gojam under the Därg - Yigremew Adal and Svein Ege Land Tenure in Baba Säat, North Wälo - Svein Ege Rich and Poor: Land and Wealth in Mäqét, North Wälo - Harald Aspen Rural Land and Urban Aspirations: Future Orientation in a Time of Change - Harald Aspen An Unstable Land Tenure System - Svein Ege Conclusion - Harald Aspen Epilogue - Kjell J Havnevik

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Book SynopsisIn-depth examination of the inherent tensions and dynamics of transport corridors in Africa: between short-term optics and long-term durability; between regional integration and national interest; between the facilitation of trade and the generation of corridor revenue. The image of the corridor, a central pathway of road and rail carving its way through Africa's interior, has guided the coordination of transport and trade developments on the continent in recent decades. Existing analysis of the "Corridor" - a label with a great capacity to change shape, guiding funding and infrastructural priorities at different times and in different settings - tends to be presentist, technical, and conveyed in the language of transport economics. The chapters collected here showcase a more varied approach, offering perspectives from academics and policy-makers coming from a range of disciplinary backgrounds. They capture the varied forms of the corridor concept (developmental, transport, and trade corridors), the multiplicity of actors (including China and the European Union), as well as the different permutations of the infrastructure itself, in corridors linking coastal states and in others that link coastal states with the hinterland. The breadth of cases allows for a comparative perspective of East, West, and Southern Africa, as well as the basis of comparisons outside of the continent in Europe, South Asia, and elsewhere. The motivations behind corridor initiatives in Africa range enormously, from resource extraction to urban development and poverty reduction. A lot depends on scale, and this collection places the grand designs thrashed out at continental and regional economic forums alongside the individual concerns of drivers and cross-border traders hauling goods across the continent's checkpoints. What emerges are a number of central tensions in the study of transport corridors: between short-term optics and long-term durability; between road and rail as modes of transportation; between regional integration and national interest; between the facilitation of trade and the generation of corridor revenue; between different port configurations; and between local dynamics and the dynamics of long-distance transportation. This book is available as an Open Access ebook under the Creative Commons license CC-BY-NC.Table of ContentsList of Illustrations Notes on Contributors Preface and Acknowledgements 1. Introduction: Transport Corridors in Africa: Synergy, Slippage, and Sustainability Paul Nugent and Hugh Lamarque 2. Infrastructure, Development and Neoliberalism in Africa: The Concept of Transport Corridors in Uganda Sidy Cissokho 3. Hidden in Plain Sight: The Temporal Layers of Transport Corridors in Uganda Isabella Soi 4. From Priority Projects to Corridor Approaches: The African and European Transport Networks in Perspective Sergio Oliete Josa and Francesc Margrinyà 5. The Political Economy of West African Integration: The Transport Sector on Two Port Corridors Bruce Byiers and Sean Woolfrey 6. The Dakar-Bamako Corridor: Between Boom and Contradictions Jérôme Lombard 7. Privatising the Port: Harbouring Neoliberalism in Lomé Nina Sylvanus 8. A Time for Realignment? Retrofit in the Golden Era of the Cameroonian Railways José-María Muñoz 9. When is a Corridor Just a Road? Understanding Thwarted Ambitions Along the Abidjan-Lagos Corridor Paul Nugent 10. The Jealousy of Roads: Construction, Circulation, and Competition on East Africa's Transport Corridors Hugh Lamarque 11. Following the Tracks: Chinese Development Finance and the Addis-Djibouti Railway Corridor Yunnan Chen 12. Corridors of Opportunity? African Infrastructure and the Market Expansion of Chinese Companies Elisa Gambino

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Book SynopsisInvestigates the production, trade and consumption of the bouquets sold in European supermarkets and the consequences of this for the globalised economy. From a macro-perspective, it appears that the cut flower industry has changed into a buyer-driven value chain with corporate retailers as the new lead firms. Yet, as this book shows, this is insufficient to explain how new trade relations come into being, and the consequences of this, not only for global economics, but for the producers, climate change and rural livelihoods. As the retailers and wholesalers of the flower industry in the West linked directly to producers in the Global South, trade relations changed fundamentally, and this critical new book explores the complexities of the power asymmetries and the way in which corporate retailers have shaped the market to promote their own interests, as well as the role non-economic actors played. This book examines in detail the situation at Lake Naivasha, Kenya, which has played a central part within this new market order. Since the 1970s, the area has developed into one of the most important production areas for the ready-made bouquets that sell so cheaply in European supermarkets. For the flower growers themselves, however, coping with the new conditions of supply and demand, the new market order has brought financial precariousness. Farms needed to be flexible in the production and marketing of their flowers. Yet while they were able to expand their production and achieve more stable employment conditions, this has not resulted in significantly higher remuneration. The rapidly changing economic situation has also had a profound impact, not only on local stakeholders, but on the environment, where there is intensified competition for resources and new production technologies. Published in association with the Collaborative Research Centre FUTURE RURAL AFRICA, funded by the German Research Council (DFG).Table of Contents1 Introduction 2 Place, Chains, and Actor-Networks: Conceptualising Economic Linkages 3 Trading Roses: Reorganising Producer-Buyer Relations in the Dutch Cut Flower Network 4 The Lake Naivasha Cut Flower Industry: Past and Present 5 Linking to Buyers: The Making of the Global Cut Flower Market at Lake Naivasha 6 Growing Roses: Reorganising Flower Production at Lake Naivasha 7 The Cut Flower Industry in the Social-Ecological System of Lake Naivasha: Setting the Scene for a New Market Order 8 Conclusion: A New Market Order

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Book SynopsisA timely and important examination of the environmental crises, investigating their biophysical, political, economic, and socio-cultural aspects, that reveals why previous conservation efforts failed. The eastern part of the Mau Forest, the most important closed-canopy forest in East Africa, has come under severe threat since the 1990s. In this political ecology Lisa Fuchs exploring the failure of the government-led forest restoration and rehabilitation initiative to 'Save the Mau', launched in 2009, the author examines two of the most contentious issues in Kenya since colonial times: land and the environment. She sheds light on the structural factors and the role of individuals in the forest's destruction and of non-protection and traces the colonial legacy of post-independent environmental conservation policies and practices. In doing so, Fuchs demonstrates that the Mau crisis is more than an environmental crisis: it is also a political, an economic, and a socio-cultural crisis. Though a detailed empirical analysis, the author shows that the 'Mau crisis' led to the near collapse of landscapes and livelihoods in the Mau Forest ecosystem. She traces the implementation of insufficient conservation programmes, which resulted from historical path-dependency and the adoption of global environmental governance blueprints, forest allocation and benefits, and exposes a forest management system that prioritises commercial forest production over biodiversity conservation. Access and entitlements to the highly fertile forest land, and the amalgamation of forest rehabilitation with the reclamation of grabbed public forest are emphasised as a further core contributor to the crisis. The socio-cultural dynamics within and among various forest-dwelling communities, including the indigenous hunting and gathering Ogiek and 'in-migrant' groups, are also analysed. The book highlights that local types of environmentalism are caught between the 'invention of traditions' and 'perverse modernisation' and shows the contradictory effects of the celebrated, highly anticipated but poorly executed 'Save the Mau' initiative, and how the presence of political will to maintain the crisis conditioned its perseverance. Finally, the book proposes realistic alternatives to sustainable forest management in politicised environments, whose relevance and applicability are considerable in this age of anthropogenic 'environmental' crises and conflicts. Published in association with IFRA/AFRICAETable of ContentsIntroduction 1. The Politics of Conservation Aid: The Development State 'Saving the Mau' 2. Institutional Failure or Setting Priorities? The Continuation in Exploitation-focused Forest Management 3. The Political Economy of Land: Maintaining Control over Forest Land Allocation and Distribution 4. The Politics of Belonging and Exclusion in Response to Changes in the Eastern Mau: The Complex Definition of Legitimate Land and Resource Use 5. Conclusions

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Book Synopsis'Today we are taking a decisive step on the path of democracy,' the newly sworn-in President Olusegun Obasanjo told Nigerians on 27 May 1999. 'We will leave no stone unturned to ensure sustenance of democracy, because it is good for us, it is good for Africa, and it is good for the world.' Nigeria's Fourth Republic has survived longer than any of the previous three Republics, the most durable Republic in Nigeria's more than six decades of independence. At the same time, however, the country has witnessed sustained periods of violence, including violent clashes over the imposition of Sharia'h laws, insurgency in the Niger Delta, inter-ethnic clashes, and the Boko Haram insurgency. Despite these tensions of, and anxieties about, democratic viability and stability in Nigeria, has democratic rule come to stay in Africa's most populous country? Are the overall conditions of Nigerian politics, economy and socio-cultural dynamics now permanently amenable to uninterrupted democratic rule? Have all the social forces which, in the past, pressed Nigeria towards military intervention and autocratic rule resolved themselves in favour of unbroken representative government? If so, what are the factors and forces that produced this compromise and how can Nigeria's shallow democracy be sustained, deepened and strengthened? This book attempts to address these questions by exploring the various dimensions of Nigeria's Fourth Republic in a bid to understand the tensions and stresses of democratic rule in a deeply divided major African state. The contributors engage in comparative analysis of the political, economic, social challenges that Nigeria has faced in the more than two decades of the Fourth Republic and the ways in which these were resolved - or left unresolved - in a bid to ensure the survival of democratic rule. This key book that examines both the quality of Nigeria's democratic state and its international relations, and issues such as human rights and the peace infrastructure, will be invaluable in increasing our understanding of contemporary democratic experiences in the neo-liberal era in Africa.Trade ReviewThis book is the most comprehensive, dispassionate and critical evaluation of the trials and tribulations of Nigeria's democratic development in the Fourth Republic, undertaken by some of the most distinguished scholars on/of Nigeria. Fresh insights are offered by the contributors, towards a better understanding of the complex issues which constrain or obstruct progress and development, and which require the most urgent consideration and resolution. Reading this book is intellectual exciting and immensely beneficial. * Attahiru Jega, professor of political science and former Chairman of Independent National Electoral Commission (INEC) *Nigeria's Fourth Republic has lasted longer than its three predecessors combined, yet it is highly contested. What explains the paradox? Wale Adebanwi has assembled a dream team of scholars and analysts to explore key issues in government, politics, and public affairs: federalism, ethnicity, elections, human rights and economy. The contributors to this important volume explain the dynamics of party politics and the evolution of the federal system without major constitutional revision. During a period of heightened instability in west Africa, and global challenges such as the pandemic, Russia-Ukraine war, rising fuel and food prices, and climate change, much depends on the resilience of Africa's largest electoral democracy. An extensive bibliography complements the chapters in this vital sourcebook on Africa's pivotal nation. * Richard Joseph, author of Democracy and Prebendal Politics: The Rise and Fall of Nigeria’s Second Republic *Table of ContentsForeword: Democratization and Nigeria's Fourth Republic: Successes and Challenges Kayode Fayemi, Governor of Ekiti State of Nigeria Nigeria's Fourth Republic: An Introduction Wale Adebanwi PART I: DEMOCRACY AND THE NIGERIAN STATE 1. Reconstructions, Resilience and Relevance: Political Elites and Ethnic Mobilization, 1999-2019 Eghosa E. Osaghae 2. Federalism, Constitutional Reform, and the Elusive Quest for "Political Restructuring" in Nigeria's Fourth Republic Rotimi Suberu 3. Democracy in Nigeria: Crises and Consequences of Military Dictatorship Browne Onuoha PART II: PARTY POLITICS, THE PRESIDENCY AND THE INTERNATIONAL COMMUNITY 4. Democratic Regression, Political Parties and the Negation of the Popularity Principle Jibrin Ibrahim 5. A Republic of Dashed Hopes? Party Politics and the Travails of Democracy in Nigeria's Fourth Republic Adigun Agbaje 6. Governing Party Constituency-building in Nigeria's Fourth Republic Sa'eed Husaini 7. Presidential Leadership Styles in the Fourth Republic Aliyu Modibbo Umar and V. Adefemi Isumonah 8. Double Standards or Different Lenses? Comparing US Approaches to the Buhari and Abacha Governments Matthew T. Page PART III: THE POLITICAL ECONOMY: OIL AND ECONOMIC REFORMS 9. We live in the Future: Is Nigeria no longer an Oil State? Sarah Burns and Olly Owen 10. Economic Reforms and Human Development in Post-Military Nigeria: A Critical Assessment Eyene Okpanachi PART IV: ELECTORAL GOVERNANCE, CIVIL-POLITICAL SOCIETY AND CONFLICT 11. The Promise and Problems of Electoral Reforms Nkwachukwu Orji 12. From a Human Rights Movement to Civil Society: Changing Contours of Civic Groups Idayat Hassan 13. Communal Conflicts, State Responses, and Local Peace Infrastructure Gbemisola Animasawun Afterword: Nigeria's Long Search for a Viable Political Order Larry Diamond

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Book SynopsisThis volume is the first to provide a comprehensive analysis of the nine environmental and health disputes that have been adjudicated at the WTO since 1995. The investigation concludes that criticism of the WTO has been overstated and, surprisingly, nations do in fact retain sovereignty over environmental and health policy. The disputes explored suggest that the WTO has been able to balance trade, environmental and health objectives. The discussion illuminates the strengths and weaknesses of the dispute resolution process and closes with suggestions for improving it.The Impact of the WTO will appeal not only to academics, be they economists, lawyers, political scientists, and academic libraries, but also practitioners, policymakers, and members of consumer, environmental, and business organizations who follow the debates surrounding the WTO's influence on environmental and health regulations.Trade Review‘The Impact of the WTO is essential to any discussion involving the group and is highly recommended to economics and political science library collections.' -- Midwest Book Review'In this important contribution to the international trade literature, Kelly presents case studies of the nine environmental and health-related disputes settled by the WTO. . . no other publication surveys the important precedent-setting cases within the WTO dispute settlement system. . . All libraries with international trade collections will need this volume. Highly recommended.' -- R.M. Fulton, Choice'Kelly's exhaustively researched and highly informative discussion of the nine WTO disputes involving environmental protection and public health represents an important scholarly contribution. This book is the most detailed and sophisticated analysis of the role of the WTO's dispute mechanisms in addressing an increasingly important and highly controversial category of trade disputes.' -- David Vogel, University of California, Berkeley, US'Does the WTO favor trade at the expense of national sovereignty, the environment and public health, as the critics contend? Or is it a democratic institution that gives all countries a seat at the table for a feast of free trade? Trish Kelly's superb book, The Impact of the WTO is the first careful and comprehensive look at the actual environmental and health disputes adjudicated at the WTO to try to answer this question. Her answers are well-researched, objective and unlikely to fully satisfy either side in this sometimes raucous argument: Kelly concludes that, so far, the WTO has not sacrificed sovereignty, the environment and public health; but looking forward, the poorest countries need more assistance to have greater access to the dispute settlement mechanisms. She also shows that strong political action at the national level is necessary to protect public health and the environment. Though controversial, this book will provide the gold standard of careful analysis on these issues for the foreseeable future.' -- Gerald A. Epstein, University of Massachusetts Amherst, USTable of ContentsContents: 1. Introduction 2. Gasoline 3. Shrimp–turtle 4. Hormones 5. Asbestos 6. Salmon, Apples and Agricultural Products 7. Generic Drugs 8. GMOs 9. Conclusion Index

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Book SynopsisThis book addresses the problem of how to make a large-scale socio-technical transition to renewable energy, so as to realize an environmentally sustainable economy in the long run. Transition thinking has in a short time managed to occupy a central position in the policy debate on sustainable development. The transition approach offers an innovative view on the role and content of public policy, compared with traditional views from economic, administrative and political sciences. The main motivation for using this notion is that while it links up with the system-wide approach of sustainable development, it has the advantage of shifting the attention from a vague end goal (blueprint) to the processes leading towards this goal. These processes in turn provide a concrete basis for thinking about appropriate public policies, taking account of the complex relations between technologies, institutions and behaviours. This book offers perspectives from a wide range of disciplines, addressing macro, regional and local scales. Contributions come from mainstream economics, evolutionary economics, sociology, political sciences, innovation studies, spatial economics and decision theory. Important lessons are also drawn from historical transitions.Managing the Transition to Renewable Energy will appeal to academics and researchers in environmental science and economics, environmental and technological policy advisors, evolutionary economists and researchers on technological innovation.Trade Review'. . . this title surely adds value to the existing knowledge and is essential reading for anyone interested in the transition to a low-carbon energy economy. This book will surely provide an impetus to further transition studies and help stimulate further research in this area.' -- Subhes C. Bhattacharyya, International Journal of Energy Sector Management'. . . the book provides an excellent introduction to transition thinking and practice, and so should be read by anyone who is interested in these ideas and their application to a transition to more sustainable energy systems.' -- Tim Foxon, Environmental SciencesTable of ContentsContents: Preface 1. The Transition to Renewable Energy: Background and Summary Jeroen van den Bergh and Frank Bruinsma PART I: SOCIAL, ECONOMIC AND POLITICAL THEORY 2. Transition Management: Reflexive Governance of Societal Complexity through Searching, Learning and Experimenting Jan Rotmans and Derk Loorbach 3. The Multilevel Perspective and Design of System Innovations John Grin 4. Transition Lessons from Economics Jeroen van den Bergh and René Kemp 5. Innovation Theory and Socio-technical Transitions Frans Berkhout 6. An Evolutionary-Economic Analysis of Energy Transitions Jeroen van den Bergh and Frans Oosterhuis PART II: MACRO PRACTICE 7. Barriers and Options for Future Energy Transitions: Lessons from a Historical Analysis of the Dutch Electricity System Geert Verbong and Frank Geels 8. Energy Transition Experiments in the Netherlands Frank Dietz, Hugo Brouwer and Rob Weterings 9. Transition Management for the Dutch Energy Transition: Multilevel Governance Aspects Derk Loorbach and René Kemp 10. An Evolutionary-Economic Evaluation of Barriers and Opportunities in Dutch Energy Innovation Policies Annemarth Idenburg and Albert Faber PART III: LOCAL AND REGIONAL PRACTICE 11. Renewable Energy Sources Planning and Design: A Multi-criteria Approach Heracles Polatidis and Dias Haralambopoulos 12. Regional Diversity of Wind Energy Initiatives: The Dutch Experience Frank Bruinsma and Ron Vreeker 13. Tackling Local Conflicts Caused by Renewable Energy Sources: Lessons Learned from Real-World Case Studies Gonzalo Gamboa, Giuseppe Munda and Daniela Russi Index

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Book SynopsisWhat should businesses consider in preparing for terrorist attacks, natural disasters, pandemic illnesses and other emergencies? What steps can a business take to ensure continuity during and after a crisis? What can we learn from past success?This edited collection provides responses to these and other questions from prominent business executives and academics, drawn from their personal experiences with such crises as the terrorist attacks of 9/11, Hurricane Katrina, and the Asian tsunami. Their analyses prove a major step forward in the emerging academic and professional field of homeland security.In this first volume, The Challenge of the New Age, the contributors- noted authorities in security and risk management, technology, public health, political science and business - look at specific ways disasters can impact businesses, both in the short and long term. They recount their experiences with terrorist attacks and natural disasters, and explore the potential impact of other hazards, such as a biological event or pandemic.Intended for business practitioners, real world operators, students and faculty, government leaders, and their libraries, the book demonstrates with historical examples the connectivity between threats, hazards, policies, jurisdictions, information, technology, leadership, and considerations of profit and loss. Those who want to benefit from best practices while avoiding mistakes of the past will find this an excellent place to start.Contributors: D. Alexander, F. Burton, B. Eggers, E. Gursky, W.I. Hancock, J. Jackson, P.B. Kurtz, P. Leitner, K. Lindsey, D.H. McIntyre, G. McNeal, M. Minor, G. Pellegrino, N. Saiff, G. Selig, K. Senser, C. Shays, G. Williams, D. WyssTrade Review'[T]his volume provides valuable, expert perspective on a wide variety of topics relevant to homeland security research and practice. It will become a go-to reference for consultants working in this area and be of value to students of business administration, resource managers, and senior managers.' --K.J. Constas, Choice'As someone who has been teaching homeland security at the graduate and undergraduate levels since 1999, I find this book perfectly suited as a supplemental reader for homeland security courses, particularly those examining the role of the private sector. The authors of this edited volume are well-recognized in this field - most with decades of related experience. Well-written and concise. Perfect for the busy executive and for the classroom.' --Randall J. Larsen, author, Our Own Worst EnemyTable of ContentsContents: Foreword: The Challenge of the New Age Christopher Shays Preface David H. McIntyre Introduction to Volume 1 PART I: BUSINESS IN DANGEROUS TIMES: THE NEW REALITY 1. Terror and the Economy David Wyss 2. Terrorism: A Short-term Phenomenon? Michael Minor 3. Business Continuity and Enterprise Value Peter Leitner 4. The Legal Impact of Homeland Security on Business Greg McNeal 5. Legal Liability when Businesses are Unprepared for Disasters Kevin Lindsey 6. The Impact of Threats and Catastrophes on Corporate Governance: How to Minimize Disruption, Mitigate the Risks and Manage Business Recovery and Continuity Proactively Gad Selig PART II: REAL DANGERS DEMAND REAL ANSWERS 7. The Threat of Terrorism Fred Burton 8. Transcending the Consequences of Terror on Business Dean Alexander 9. The Impact of Disease and Pandemics on Business Continuity Elin Gursky 10. Telework in the Face of a Pandemic Paul B. Kurtz 11. Immediate Effects of Terrorism on Business Dean Alexander 12. Prospering in the Secure Economy Greg Pellegrino and Bill Eggers PART III: DISASTER STORIES WE CAN LEARN FROM 13. Failure to Communicate: Lesson of 9/11 Geoff Williams 14. A Networked Model for Emergency Planning and Response: The Lessons of Katrina (I) Bill Eggers 15. Wal-Mart Case Study: The Lessons of Katrina (II) Ken Senser and Jason Jackson 16. Doing Business in No Man’s Land: The Lessons of Katrina (III) Geoff Williams Index

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Book SynopsisThis book asks under which conditions cooperation is in the interest of the riparian countries sharing international waters, and how institutions must be designed to realize potential gains of cooperation. The author, Ines Dombrowsky, develops a conceptual framework that draws upon different economic theories, including the theory of external effects, non-cooperative game theory and transaction costs economics. She distinguishes the different types of externality problems inherent in international water management and specifies the institutional prerequisites for cooperation. She argues that the respective problems differ with respect to the need to define property rights and to establish enforcement mechanisms. The book also explores the role of issue linkage and of international organizations to foster cooperation. The theoretic considerations are compared and contrasted with the findings of a global review of international water treaties and organizations.By taking hydrological and legal aspects into account, this book provides an interdisciplinary contribution at the interface of hydrology, law and economics. As such, it is addressed to scholars, practitioners and policy-makers, including economists, political scientists, international lawyers, natural scientists, and water resource managers.Trade Review'While I recommend this book as a whole, a couple of its chapters are especially fascinating. I found the review of international law to be comprehensive and well structured, and the chapter on the role of problem structure to be mind opening, especially for demonstration of strategic behavior in the field of international water. This book will benefit those interested in the conflict-cooperation discourse in the field of international water.' -- Ariel Dinar, Land Economics'. . . this book offers a good summary of the issues surrounding integrated water resource management as a tool for water resource management across national boundaries an some useful alternative views on the issues. It would provide a useful resource for scholars, practitioners and policy-makers including economists, political scientists, international lawyers, natural scientists, and water resource managers.' -- Adam Loch, Land Use Policy'This data collection offers a great opportunity for further research on international water management, and some suggestions in this respect are also made in the final chapter, where the main findings are summarized and policy implications and research opportunities are offered.' -- Marit Brochmann, Journal of Peace ResearchTable of ContentsContents: Preface 1. Introduction Part I: Foundations for the Analysis of International Water Management Institutions 2. Economic Conceptualization of International Water Management Problems 3. Legal Perspectives on Institutional Design 4. Empirical Evidence of International Water Management Institutions Part II: Economic Analysis of the Cooperation Problem and Institutions 5. The Role of the Problem Structure for Institutional Design and Cooperation 6. The Role of Issue Linkage for the Resolution of Unidirectional Externality Problems 7. The Role of Organizations for Cooperation 8. Synthesis and Conclusions References Index

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Book SynopsisThe Persian Gulf is arguably the most militarized region in the world. The authors of this insightful book examine military expenditures, arms imports and military deployment to analyze how and why this came to be. Muslim teachings have much to say about peace, war and economics, and this book explores the ways in which Islamic thought affects military and economic developments.The authors find that heavy militarization is the result of a combination of factors, including oil wealth disparities among the countries in the region, high oil revenues, corruption and foreign interference. The authors detail and discuss these factors, and follow this analysis with an assessment of the effects of high military expenditures - wars, conflicts, regional instability - and their heavy economic toll in retarding development and growth. The book concludes by suggesting ways that military expenditures may be reduced to benefit regional peace, stability and economic prosperity.Scholars and students in economics, political science and international affairs as well as anyone interested in the Middle East will find this book timely and illuminating.Table of ContentsContents: 1. Introduction 2. The Justification and Economic Impact of Military Expenditures 3. Military Expenditures in the Persian Gulf 4. Military Imports in the Persian Gulf 5. Military Personnel in the Persian Gulf 6. Indigenous Military Sectors in the Persian Gulf 7. Militarization of the Persian Gulf: Why? 8. Militarization of the Persian Gulf: The Consequences 9. Conclusion: The Elements of Fruitful Demilitarization Bibliography 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 SynopsisThe Research Handbook of Comparative Employment Relations is an essential resource for those seeking to understand contemporary developments in the world of work, and the way in which employment relations systems are evolving around the world. Special consideration is given to the impact of globalization and the role of multinational corporations, including their consequences for the fate of workers' rights under existing national systems of employment relations (ER) regulation. This Handbook is unique in taking an explicitly comparative approach by discussing ER developments through a series of paired country comparisons. These chapters include a wide selection of countries from all regions, looking beyond those that are frequently discussed. The expert contributors also examine comparative issues from a range of perspectives, including industrial and employment relations, political economy, comparative politics, and cross-cultural studies. These impressive features make this important reference tool the most comprehensive of its kind. Academics and students in final-year undergraduate and postgraduate courses interested in employment relations will find this compendium enriching and insightful.Contributors include: M. Atzeni, L. Baccarro, M. Barry, D. Collings, F.L. Cooke, S. Cooney, T. Dundon, F. Duran, I. Forstenlechner, P. Gahan, P. Gunnigle, T. Jackson, E.H. Jung, B. Kaufman, J. Kelly, J. Lavelle, K. Mellahi, R. Mitchell, P. Pochet, T. Royle, A. Verma, N. Wailes, A. Wilkinson, G. Wood, S. ZalgermeyerTrade Review’This Research Handbook is a highly readable and thought-provoking account of comparative employment relations in current published texts. The breadth and depth of this book are remarkable and it will serve as a very valuable introductory text to students and researchers interested in comparative employment relations and global governance of employment relations.’ -- Wei Huang, Work, Employment and Society‘Besides a well-written introduction by the two editors, the book presents seventeen other chapters, some by well-known writers on the subject or related social sciences. . . This is a substantial resource book for scholars and students of comparative ER, especially for those who look towards the evolution of ER in the new economic world that is in formation, and in a comparative perspective. . . the book contains intellectually stimulating analyses of employee relations realities across the globe. . . Scholars belonging to different disciplinary perspectives, from which ER has been studied in the past, will also find in it a good reference material of comparative analyses. . . The publishers too deserve accolades for their professionalism and first rate copy-editing and production.’ -- Debi S. Saini, Vision - the Journal of Business Perspectives‘The book is a comprehensive volume of studies on employment relations in a wide variety of settings. . .an enriching compendium.’ -- Silvia Florea, Management of Sustainable DevelopmentTable of ContentsContents: PART I: INTRODUCTION 1. Re-examining Comparative Employment Relations Michael Barry and Adrian Wilkinson PART II: PERSPECTIVES 2. Comparative Employment Relations: Institutional and Neo-institutional Theories Bruce E. Kaufman 3. The Political Economy of Comparative Employment Relations John Kelly 4. Legal Origins, Labour Law and the Regulation of Employment Relations Sean Cooney, Peter Gahan and Richard Mitchell 5. Cross-cultural Studies Terence Jackson PART III: PAIRED COUNTRY COMPARISONS 6. Employment Relations in Chile and Argentina Maurizio Atzeni, Fernando Durán-Palma and Pablo Ghigliani 7. Employment Relations in Canada and the US Sara Slinn and Richard W. Hurd 8. Employment Relations in China and India Fang Lee Cooke 9. Employment Relations in the United Kingdom and Republic of Ireland Tony Dundon and David G. Collings 10. Employment Relations in Japan and Korea EeHwan Jung 11. Employment Relations in Belgium and the Netherlands Hester Houwing, Maarten Keune, Philippe Pochet and Kurt Vandaele 12. Employment Relations in Australia and New Zealand Nick Wailes 13. Employment Relations in South Africa and Mozambique Geoffrey Wood 14. Employment Relations in France and Germany Stefan Zagelmeyer 15. Employment Relations in Oil-rich Gulf Countries Kamel Mellahi and Ingo Forstenlechner PART IV: BROADER COMPARATIVE INFLUENCES 16. Corporatism Meets Neoliberalism: The Irish and Italian Cases in Comparative Perspective Lucio Baccaro 17. The Role of MNEs David G. Collings, Jonathan Lavelle and Patrick Gunnigle 18. Regulating Global Capital through Public and Private Codes: An Analysis of International Labour Standards and Corporate Voluntary Initiatives Tony Royle Index

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Book SynopsisThis book, written by an international team of economists, develops concrete, country specific alternatives to inflation targeting, the dominant policy framework of central bank policy that focuses on keeping inflation in the low single digits to the virtual exclusion of other key goals such as employment creation, poverty reduction and sustainable development. The book includes thematic chapters, including analyses of class attitudes toward inflation and unemployment and the gender impacts of restrictive monetary policy. Other chapters propose improved monetary frameworks for Argentina, Brazil, India, Mexico, the Philippines, South Africa, Turkey, and Vietnam. Policy frameworks that are explored include employment targeting, and targeting a stable and competitive real exchange rate. The authors also show that to reach a larger number of targets, including higher employment and stable inflation, central banks must use a larger number of instruments, including capital management techniques.This volume offers concrete, socially valuable alternatives that economists, policy makers, students and interested laypeople should consider before adopting one size fits all, often inadequate, policies that have become a virtual policy making fad.Trade Review'Inflation targeting (IT) has become the sacred cow of central banking. But its suitability to developing nations remains contested. The contributors to this volume perform the valuable service of sketching out plausible, more development-friendly alternatives. They are to be commended in particular for avoiding a one-size-fits-all approach and paying close attention to the needs of specific countries. Their proposals range from relatively minor tinkering in IT to comprehensive overhaul. A common theme is the central role of the real exchange rate, which the central banks ignore at their economies' peril.' -- Dani Rodrik, Harvard University, US'As the world economy is devastated by a virulent financial crisis and jobs are lost in scores, central bankers are increasingly questioned as to why they have failed to sustain stability and growth even though they told us all along that conquering inflation would be necessary and sufficient to do so - while hoping to get a pat on the back for achieving a degree of price stability unprecedented in recent times. This book provides a lot of food for thought on why. It is a powerful critique of the orthodox obsession with inflation in neglect of the two deepseated problems of the unbridled market economy - financial instability and unemployment. It is a must for all policy makers, notably in the developing world, and for the mainstream.' -- Yilmaz Akyuz, formerly of the United Nations Conference on Trade and Development, Geneva, Switzerland'This collective volume makes a compelling case for balancing the developmental and stabilization functions of central banks. In particular, the authors emphasize that, as practiced in many successful developing countries, competitive real exchange rates can be good for growth and employment generation, and should thus be a specific focus of central bank actions. The book is a must read for those looking for a more balanced framework for central bank policies.' -- Jose Antonio Ocampo, Columbia University, US and former Under-Secretary-General of the United Nations for Economic and Social Affairs and Finance Minister of ColombiaTable of ContentsContents: Preface PART I: INTRODUCTION AND THEORETICAL FRAMEWORKS 1. Beyond Inflation Targeting: Assessing the Impacts and Policy Alternatives Gerald Epstein and A. Erinç Yeldan 2. Real Exchange Rate, Monetary Policy and Employment: Economic Development in a Garden of Forking Paths Roberto Frenkel and Lance Taylor 3. Inflation Targeting and the Real Exchange Rate in a Small Economy: A Structuralist Approach Jose Antonio Cordero PART II: THEMATIC ISSUES: CLASS RELATIONS AND GENDER IMPACTS OF INFLATION TARGETING 4. Income, Class and Preferences Towards Anti-Inflation and Anti-Unemployment Policies Arjun Jayadev 5. The Gendered Political Economy of Inflation Targeting: Assessing its Impacts on Employment Elissa Braunstein and James Heintz 6. Inflation and Economic Growth: A Cross-Country Non-Linear Analysis Robert Pollin and Andong Zhu PART III: INFLATION TARGETING: CRITIQUES AND COUNTRY-SPECIFIC ALTERNATIVES 7. Inflation Targeting in Brazil: 1999–2006 Nelson H. Barbosa-Filho 8. Alternatives to Inflation Targeting in Mexico Luis Miguel Galindo and Jaime Ros 9. Five Years of Competitive and Stable Real Exchange Rate in Argentina, 2002–07 Roberto Frenkel and Martin Rapetti 10. A General Equilibrium Assessment of Twin-Targeting in Turkey Cagatay Telli, Ebru Voyvoda and A. Erinç Yeldan 11. Employment Targeting Central Bank Policy: A Policy Proposal for South Africa Gerald Epstein 12. Inflation Targeting and the Design of Monetary Policy in India Raghbendra Jha 13. Towards an Alternative Monetary Policy in the Philippines Joseph Anthony Lim 14. Monetary Policy in Vietnam: Alternatives to Inflation Targeting Le Anh Tu Packard Index

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Book SynopsisThis timely book offers a critical interpretation of the traditional social and economic accounts of sport. It provides an incisive analysis of professional sport and defines alternative foundations to the present model. The authors demonstrate that professional sport is an extremely complex phenomenon encompassing many unique factors depending on its global reach, financing and organization. In particular they address three significant issues: an analysis of the relationship between sport and economic development in order to explain the place of professional sport in modern societies a study of the main difficulties facing the organization of professional sports in terms of financing, collective bargaining and the consequences of revenue sharing for competitive balance an exploration of alternatives to current governance structures which would involve a return to professional ethics. This insightful and topical book is essential for academics and students of sport management, researchers of the economics of sport, managers of clubs and federations involved in professional sports, as well as civil servants and journalists.Trade Review‘One of the strong points of the book is the global perspective taken by the authors. . . The authors make a convincing case that professional sport is a phenomena of richer countries, both in terms of demand and supply, and of sporting success. . . I liked the book. . .’ -- Ruud H. Koning, Jahrbücher für Nationalökonomie und StatistikTable of ContentsContents: Introduction 1. The Economic History of Professional Sport 2. Significance and Measurement of the Economic Impact of Professional Sport 3. Economic Development and Sporting Performance on a Worldwide Scale 4. What is at stake in the New Economic Relationships between Professional Sport and Television? 5. The Segmentation of the Sports Labour Market: Three Examples 6. Models of Organization of Professional Sport and Competitive Balance 7. The False Justification of Sport as a Global Public Good 8. Doping as a By-Product of Professional Sport Conclusion References Index

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Book SynopsisWhilst the prevailing orthodoxy of the expenditure retrenchment literatureis that globalisation and neo-liberal ideas are leading to a downsizing of the state, empirical research - basing its conclusions on patterns of welfare state spending - does not support such a view. This book brings a new perspective to bear by looking at what has been happening to other areas of the state's activity.Edited by Francis G. Castles, a leading authority in the field, and bringing together an outstanding group of British, German and American scholars, it examines trends in non-social or 'core' spending on public administration, defence, public order, education, economic affairs and debt financing and in the regulatory ordering of the economic sphere. The book not only opens up new areas of comparative public policy research, >but also demonstrates clearly that there have been real reductions in the reach of state in some areas, although patterns of causation are more complex and varied than generally presumed by the retrenchment literature.The research findings reported in The Disappearing State? provide pivotal, relevant and challenging core material for advanced undergraduate and postgraduate courses in public and social policy, political economy and the sociology of the modern state.Trade Review'Most comparative research on public expenditure retrenchment has concentrated on the welfare state. This exciting and innovative volume takes a new approach. It focuses instead on non-social programmes such as education, defence and economic affairs, demonstrates that this is where the real cost-cutting has taken place and shows, paradoxically, that these cuts have made social spending more politically salient in the public expenditure calculus. This is a book which extends the reach of our understanding of modern public policy at the same time as it extends our knowledge of the reach of the modern state.' -- Stephan Leibfried, University of Bremen, Germany'In this volume, Frank Castles and his team of experts continue the myth-busting process begun in Castles's 2004 analysis of welfare state crisis. Their combination of statistical sophistication and theoretical reflection on the political economy of public expenditure slices straight through the myriad misplaced assumptions regarding the decline of the state, globalization, "races to the bottom" and welfare retrenchment. This book makes compulsory reading for all social scientists.' -- Martin Rhodes, University of Denver, US'I like simple sentences, cross-country collaborations, great graphs, and compelling conclusions. Here, remarkably, we have a book with all four. This is vibrant writing on a topic - the long reach of state spending - that figures in everyone's lives. It is hard to know whether the book will be more gripping for the Prime Minister or for high-brow professors of economics and political science.' -- Andrew Oswald, University of Warwick, UKTable of ContentsContents: Preface 1. Introduction Francis G. Castles 2. Testing the Retrenchment Hypothesis: An Aggregate Overview Francis G. Castles 3. Data on the Functions of Government: Where Are We Now? Neil Fraser and Paul Norris 4. The Changing Cost of Government: Trends in the State Overhead Budget Richard Parry 5. Sinking Budgets and Ballooning Prices: Recent Developments Connected to Military Spending Thomas R. Cusack 6. Expenditure on Public Order and Safety Paul Norris 7. Testing the Retrenchment Hypothesis: Educational Spending, 1960–2002 Manfred G. Schmidt 8. The Real Race to the Bottom: What Happened to Economic Affairs Expenditure After 1980? Herbert Obinger and Reimut Zohlnhöfer 9. A Mortgage on the Future? Public Debt Expenditure and Its Determinants, 1980–2001 Uwe Wagschal 10. Moving Beyond Expenditure Accounts: The Changing Contours of the Regulatory State, 1980–2003 Nico A. Siegel Index

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Book SynopsisThis unique Handbook offers the most up-to-date and comprehensive, state-of-the-art reviews of the politics of regulation. It presents and discusses the core theories and concepts of regulation in response to the rise of the regulatory state and regulatory capitalism, and in the context of the 'golden age of regulation'. Its eleven sections include forty-eight chapters covering issues as diverse and varied as: theories of regulation; historical perspectives on regulation; regulation of old and new media; risk regulation, enforcement and compliance; better regulation; civil regulation; European regulatory governance; and global regulation. As a whole, it provides an essential point of reference for all those working on the political, social, and economic aspects of regulation. This comprehensive resource will be of immense value to scholars and policy makers in numerous fields and disciplines including political science, public policy and administration, international relations, regulation, international law, business and politics, European studies, regional studies, and development studies.Trade Review‘To my mind, this Handbook has accomplished a major task - mapping and analysing the intellectual terrain around today’s regulatory fabric and tomorrow’s regulatory challenges. It is to be commended for not only taking on that task but also for succeeding so well. It is rare for the blurb on a book cover to match up to the text inside. In this Handbook, it does. The Handbook gives extraordinary coverage, and is comprehensive, engaging, informed and quite frankly, exciting. What a great combination.’ -- Graeme Hodge, Australian Journal of Political Science‘Political science has leap-frogged law, economics, and sociology to become the dominant discipline contributing to regulatory studies. David Levi-Faur’s volume taps the rich veins of regulatory scholarship that have made this the case. It brings together the talented new network of politics scholars intrigued by the importance of the changing nature of state and non-state regulation. Their fresh insights complement important new work by established stars of the field. Definitely a book to have on your shelf when in search of exciting theoretical approaches to politics.’ -- John Braithwaite, Australian National University‘“Regulation”, in its manifold forms, is the central process of contemporary governance, as it seeks to blend the dynamism of market economies with responsiveness to political and normative demands for health, safety, environmental protection, and fairness. Understanding regulation’s varieties, vulnerabilities, and virtues has become a significant focus of academic research and theory. This volume provides an extraordinary survey of research in that field - a survey remarkable in its comprehensiveness, outstanding in the quality of the contributions by leading regulatory scholars from different nations and academic disciplines.’ -- Robert A. Kagan, University of California, Berkeley, US ‘An authoritative collection by a range of contributors with outstanding reputations in the field.’– Michael Moran, University of Manchester, UKTable of ContentsContents: Preface PART I: INTRODUCTION 1. Regulation and Regulatory Governance David Levi-Faur PART II: THEORIES OF REGULATION FOR THE AGE OF GOVERNANCE 2. Bootleggers and Baptists in the Theory of Regulation Bruce Yandle 3. Capturing ‘Capture’: Definition and Mechanisms Barry M. Mitnick 4. Beyond Capture: Towards a New Theory of Regulation Steven P. Croley 5. Institutional Design and the Management of Regulatory Governance Steven J. Balla 6. Voluntary Programs, Compliance and the Regulation Dilemma Matthew Potoski and Aseem Prakash 7. Competing Theories of Regulatory Governance: Reconsidering Public Interest Theory of Regulation Jørgen Grønnegård Christensen PART III: HISTORICAL AND COMPARATIVE PERSPECTIVES ON THE REGULATORY STATE 8. The Rise of the American Regulatory State: A View from the Progressive Era Marc T. Law and Sukkoo Kim 9. Beyond the Logic of the Market: Toward an Institutional Analysis of Regulatory Reforms Marc Allen Eisner 10. The Chinese Model of Regulatory State Neil Collins and Jörn-Carsten Gottwald 11. The Institutional Development of the Latin American Regulatory State Jacint Jordana PART IV: SELECTED ISSUES IN THE STUDY OF REGULATION 12. Policymaking Accountability: Parliamentary versus Presidential Systems Susan Rose-Ackerman 13. Law and Regulation: The Role, Form and Choice of Legal Rules Margit Cohn 14. The Independence of Regulatory Authorities Fabrizio Gilardi and Martino Maggetti 15. The Regulatory Rescue of the Welfare State Deborah Mabbett 16. The Regulation of Privacy Andreas Busch PART V: REGULATING OLD AND NEW MEDIA 17. Regulating the Media: Four Perspectives Amit M. Schejter and Sangyong Han 18. The Regulation of Advertising Avshalom Ginosar 19. Internet Regulation Andrew D. Murray PART VI: RISK REGULATION 20. Risk Regulation and Precaution Dieter Pesendorfer 21. Strategic Issues in Risk Regulation Giandomenico Majone PART VII: POLITICS OF REGULATORY ENFORCEMENT AND COMPLIANCE 22. The Politics of Civil and Criminal Enforcement Regimes Michelle Welsh 23. The Pragmatic Politics of Regulatory Enforcement Salo Coslovsky, Roberto Pires and Susan S. Silbey 24. Five Models of Regulatory Compliance Motivation: Empirical Findings and Normative Implications Yuval Feldman 25. Between Soft Law and Greenwash: The Compliance Dynamic of Civil Forms of Environmental Regulation Oren Perez PART VIII: TOWARD BETTER REGULATION? 26. The New Regulatory Orthodoxy: A Critical Assessment Tom Christensen and Per Lægreid 27. Performance-based Regulation Peter J. May 28. The Evolution of Cost–Benefit Analysis in US Regulatory Decisionmaking Stuart Shapiro 29. Regulatory Impact Assessment: Ambition, Design and Politics Kai Wegrich 30. Valuing Health and Longevity in Regulatory Analysis: Current Issues and Challenges Lisa A. Robinson and James K. Hammitt 31. Process-Oriented Regulation: Conceptualization and Assessment Sharon Gilad PART IX: CIVIL REGULATION 32. Certification as a Mode of Social Regulation Tim Bartley 33. Regulation of Professions Nuno Garoupa 34. Varieties of Private Market Regulation: Problems and Prospects Frans van Waarden 35. Codes as Hybrid Regulation Mirjan Oude Vrielink, Cor van Montfort and Meike Bokhorst 36. Voluntary Approaches to Regulation – Patterns, Causes and Effects Annette Elisabeth Töller PART X: REGULATORY GOVERNANCE IN THE EUROPEAN UNION 37. European Regulatory Governance Sandra Eckert 38. Towards a European Model of Regulatory Governance? Matthias Finger 39. The Changing Nature of European Regulatory Governance Paul James Cardwell 40. Regulatory Governance in the European Union: The Political Struggle Over Committees, Agencies and Networks Martijn Groenleer PART XI: GLOBAL REGULATION 41. Regulating in Global Regimes Colin Scott 42. The Geography of Regulation Michael W. Dowdle 43. Global Governance and the Certification Revolution: Types, Trends and Challenges Axel Marx 44. Global Regulation through a Diversity of Norms: Comparing Hard and Soft Law Sylvia I. Karlsson-Vinkhuyzen 45. Money Laundering Regulation: From Al Capone to Al Qaeda Brigitte Unger 46. Regulatory Approaches to Climate Change Mitigation Ian Bartle 47. After the Fall: Regulatory Lessons from the Global Financial Crisis John W. Cioffi 48. The Regulatory State and Regulatory Capitalism: An Institutional Perspective David Levi-Faur Index

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Book SynopsisAmidst mounting global policy attention directed toward international migration, this book offers an exhaustive review of the issues and evidence linking economic development in low-income countries with their migration experiences. The diversity of outcomes is explored in the context of; migration from East Europe and from the Maghreb to the EU; contract labor from South Asia in the Persian Gulf; highly skilled migrants moving to North America; and labor circulation within East Asia.Labor market responses at home, the brain drain, remittances, the roles of a diaspora, and return migration are each addressed, as well as an exploration of the effects of economic development upon migration and the implications of long-term dependence on a migration nexus. Robert Lucas concludes with an assessment of the winners and losers in the migration process, both at home and in the destination regions, before summarizing the main policy options open to both.This accessible and topical book offers invaluable insights to policy makers in both industrialized and developing countries as well as to scholars and researchers of economics, development, international relations and to specialists in migration.Trade Review'Robert E. B. Lucas draws together 15 chapters, including his own synopsis, on the important and somewhat controversial topic of international migration and economic development. Much prior work has focused on the interaction between internal migration and economic development with major emphasis on development in the migrants' destination. With its focus on the interaction between international migration and economic development in origin countries, this contribution diverges from much earlier work . . . Robert E. B. Lucas, is a major participant in this field of study, and he has drawn together a number of outstanding articles. Those who teach development economics would be wise to consider the International Handbook on Migration and Economic Development as a supplemental reader in their courses.' -- Michael J. Greenwood, Journal of Regional Science'. . . fascinating book. . . Lucas' study presents an overview of migration against the backdrop of globalisation, making it a fascinating and highly recommended read.' -- Antonio MartIn Artiles, Transfer'The book helps readers and policymakers to learn and think about the current status of complicated changing international migration and links with economic development in many countries and regions of the world.' -- Yasuko Hayase, The Developing Economies'Lucas provides a substantial contribution to our understanding of the effect of international migration on economic development as it exists at the turn of the millennium. He takes a remarkably even-handed approach to addressing the complex issues that surround migration and development today; seemingly willing to learn the truth no matter where it leads on this politically controversial issue. This impartial treatise will be useful to anyone studying migration, international labor markets, or economic development.' -- Kirk Dameron, Journal of Economic IssuesTable of ContentsContents: Part I: Introduction 1. The Context 2. The Determinants of Migration: Controls, Pressures and Outcomes Part II: Consequences for Economic Development in the Countries of Origin 3. Labor Market Responses to Emigration 4. Emigration of the Highly Skilled: Regimes, Costs and Responses 5. Reported and Informal Remittances: How Much? Who Sends? Who Benefits? 6. The Diaspora and Transnational Networks 7. Repeat and Return Migration: A Habit or ‘There and Back Again’ 8. Poverty, Inequality and the Social Impacts of Migration Part III: Conclusions: Policy Choices and the Political Economy of Migrations Regimes 9. Who Benefits from International Migration? Beyond Economic Development at Origin 10. Migration Regimes and Economic Development: Policy Implications References Index

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Book SynopsisFiscal autonomy could raise economic growth and efficiency in Scotland, benefiting both Scotland and the rest of the United Kingdom. C. Paul Hallwood and Ronald MacDonald discuss how other reform proposals, which amount to cutting Scotland's block grant, would not be seen as legitimate by Scottish voters, and would be unlikely to reduce the burden on the Westminster budget. The authors demonstrate how public finances can be organized to minimize the price of tranquillity in multi-regional states. Advances proposed in the 'new fiscal federalism' literature are used to explain why fiscal autonomy would be a superior system compared to the present block grant system and fiscal federalism, whereby Scotland would be granted limited tax powers. Their extensive review of recent econometric studies finds that tax devolution in other countries has been largely successful.Trade Review'The Barnett formula is doomed. These authors provide a readable and convincing guide to the alternatives. The volume is a wonderful example of what tight economic reasoning can do - its case for fiscal autonomy is unanswerable'. -- Professor Michael Artis, University of Swansea, UK'Written by two economists independent of the sort of political biases that mar so much of the discussion this book offers a refreshing, analytical and authoritative economic analysis of the various paths for fiscal reform in Scotland.’ -- Professor Drew Scott, The University of Edinburgh, UK'Hallwood and MacDonald make a compelling case for the devolution of fiscal authority to Scotland to increase fiscal autonomy and improve fiscal performance. They suggest not only the need for such devolution but provide a careful analysis and blueprint of how to do it.' -- Wallace E. Oates, University of Maryland, USTable of ContentsContents: Foreword by Drew Scott Preface 1. Introduction 2. Searching for a Politically and Economically Rational Public Funding Model for Scotland 3. The Economic Case for Fiscal Devolution 4. Objectives of an Effective Fiscal Federal System 5. Fiscal Federalism: A Scottish Perspective 6. The Case for Scottish Fiscal Autonomy 7. A Restatement of the Case for Scottish Fiscal Autonomy 8. Fiscal Devolution in Some Other Countries 9. Empirical Evidence: Tax Devolution and Prosperity 10. A Separate Currency for Scotland? 11. Conclusion Bibliography Index

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Book SynopsisThis insightful book demonstrates how China has emerged as one of the world's largest privatizing countries within a decade.Since the 1980s, there has been a global wave of transfer of state assets to private hands. China is a relatively late participant in this worldwide trend, yet, in the last decade it has emerged as one of the largest privatizing countries. Shu-Yun Ma argues that China?s privatization is not based on any grand blueprint; rather, it is privatization by ?groping for stones to cross the river?, a well-known metaphor often attributed to Deng Xiaoping, meaning that the reform simply proceeds on a trial-and-error basis without being guided by any theory.With original case studies, including one on China?s first industrial shareholding enterprise, this informative book, will be of great interest to the academic community, China observers and policymakers, as well as financial analysts.Table of ContentsContents: 1. Introduction 2. Shareholding System Reform as the Chinese Way of Privatization 3. Evolution of the Shareholding System Reform 4. The Role of Spontaneity and State Initiative in the Shareholding System Reform 5. Foreign Participation in China’s Privatization and the Role of the State 6. China’s Privatization through Listing State Enterprises in Hong Kong 7. Completing Privatization through ‘Share Conversion’ 8. Conclusion: Privatizing through Groping for Stepping Stones References Index

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