Political economy Books

Book SynopsisTaxation is a major issue in the economic and political spheres. This book focuses on a sample of developing countries from Asia and Latin America that experienced an economic and democratic transition during the period 1990-2004. Using a unique dataset the authors show that tax revenue is higher in more democratic regimes, consistent with the standard view that democracies have to satisfy the redistributive needs of the electorate. They also find that a second relationship between the level of democracy and the composition of taxes (mainly direct versus indirect) is much harder to predict. However, a comparison with new EU member states suggests that more mature democracies are associated with higher levels of direct tax. This unique book in a relatively under-researched subject area will prove essential reading for academics, researchers and practitioners focusing on political economy, public finance and the economics of taxation.Trade Review’In this original book, Paola Profeta and Simona Scabrosetti use data and information on political institutions from developing and new EU member countries to investigate the political economy of taxation. How do political institutions influence tax burdens and tax structures? They generate highly interesting results. . . I am sure that this innovative book will attract the attention of many experts interested in taxation, regardless of the professional field to which they are anchored. I expect this book will be cited often.’ -- Vito Tanzi, Former Director, Fiscal Affairs Department of the IMF’Providing light to a subject that is not often enough discussed, The Political Economy of Taxation is packed cover to cover with thoughtful information, and a core addition to any international economic studies collection.’ -- The Midwest Book Review’Paola Profeta and Simona Scabrosetti have provided us with a novel comparative analysis of the tax systems in Asia, Latin America and the new EU countries. Anyone who wants to know how contemporary empirical models can be used to study the political economy of the tax mix in developing and transition economies will want to read this book.’ -- Stanley Winer, Carleton University, CanadaTable of ContentsContents: Preface 1. Introduction 2. The Political Economy of Democracies: A Review of the Literature 3. Data, Approach and Overview 4. Asia 5. Latin America 6. Asia, Latin America and New EU Members Countries 7. Data Appendix: List of all Variables and their Sources Bibliography Index

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Book SynopsisChristopher May - a leading authority in the field - has selected material that provides important insights on the global governance of intellectual property. His collection ranges across a number of disciplines and political perspectives to establish that the political economic analysis of intellectual property is both multifaceted and contested. Professor May has also provided an introduction that will serve as an authoritative and comprehensive guide to the main issues under discussion. This three-volume set will be an invaluable reference source both for those seeking an in-depth understanding of the main issues in this important field and for established scholars wishing to develop their analysis in new directions.Trade Review‘It meets its stated purposes of stimulating further reflections on the core debates very effectively, by introducing a broad range of concepts, and providing a road map of the issues that should be sensibly considered. . . a useful tool. . . ’ -- Peter S. Harrison, St. Anthony’s International ReviewTable of ContentsContents: Volume I Acknowledgements Introduction Political Economy and Intellectual Property Rights Christopher May PART I INTELLECTUAL PROPERTY: NARRATIVES, JUSTIFICATIONS, PROBLEMS 1. D.B. Resnik (2003), ‘A Pluralistic Account of Intellectual Property’ 2. Edwin C. Hettinger (1989), ‘Justifying Intellectual Property’ 3. Justin Hughes (1988-89), ‘The Philosophy of Intellectual Property’ 4. Mark A. Lemley (2004), ‘Ex Ante versus Ex Post Justifications for Intellectual Property’ 5. Akalemwa Ngenda (2005), ‘The Nature of the International Intellectual Property System: Universal Norms and Values or Western Chauvinism?’ 6. Sharmishta Barwa and Shirin M. Rai (2002), ‘The Political Economy of Intellectual Property Rights: A Gender Perspective’ 7. Liam Séamus O'Melinn (2007), ‘Software and Shovels: How the Intellectual Property Revolution is Undermining Traditional Concepts of Property’ PART II HISTORIES OF INTELLECTUAL PROPERTY 8. Christopher May (2007), ‘The Hypocrisy of Forgetfulness: The Contemporary Significance of Early Innovations in Intellectual Property’ 9. Susan Sell (2004), ‘Intellectual Property and Public Policy in Historical Perspective: Contestation and Settlement’ 10. Peter K. Yu (2006), ‘Of Monks, Medieval Scribes and Middlemen’ 11. Robert P. Merges (2000), ‘One Hundred Years of Solicitude: Intellectual Property Law 1900–2000’ 12. Graham Dutfield and Uma Suthersanen (2005), ‘Harmonisation or Differentiation in Intellectual Property Protection? The Lessons of History’ PART III ENCLOSURE AND THE INFORMATION COMMONS 13. Harlan J. Onsrud (1998), ‘Tragedy of the Information Commons’ 14. James Boyle (2003), ‘The Second Enclosure Movement and the Construction of the Public Domain’ 15. Michael A. Heller and Rebecca S. Eisenberg (1998), ‘Can Patents Deter Innovation? The Anticommons in Biomedical Research’ 16. Daniel J. Kevles (1998), ‘Diamond v. Chakrabarty and Beyond: The Political Economy of Patenting Life’ 17. C. Ford Runge and Edi DeFrancesco (2006), ‘Exclusion, Inclusion, and Enclosure: Historical Commons and Modern Intellectual Property’ 18. Anthony McCann (2005), ‘Enclosure Without and Within the “Information Commons”’ PART IV INTELLECTUAL PROPERTY AND ECONOMICS 19. Antoon A. Quaedvlieg (1992), ‘The Economic Analysis of Intellectual Property Law’ 20. James Boyle (2000), ‘Cruel, Mean, or Lavish? Economic Analysis, Price Discrimination and Digital Intellectual Property’ 21. Keith E. Maskus and Mohan Penubarti (1995), ‘How Trade-Related are Intellectual Property Rights?’ 22. Edmund W. Kitch (2000), ‘Elementary and Persistent Errors in the Economic Analysis of Intellectual Property’ Volume II Acknowledgements An introduction by the editor to all three volumes appears in Volume I PART I THE WORLD TRADE ORGANISATION AND THE TRIPS AGREEMENT 1. Peter Drahos (1995), ‘Global Property Rights in Information: The Story of TRIPS at the GATT’ 2. Graeme B. Dinwoodie and Rochelle C. Dreyfuss (2004), ‘TRIPS and the Dynamics of Intellectual Property Lawmaking’ 3. Laurence R. Helfer (2004), ‘Regime Shifting: The TRIPs Agreement and New Dynamics of International Intellectual Property Lawmaking’ 4. Rajan Dhanjee and Laurence Boisson de Chazournes (1993), ‘Trade Related Aspects of Intellectual Property Rights (TRIPS): Objectives, Approaches and Basic Principles of the GATT and of Intellectual Property Conventions’ 5. Keith E. Maskus (2002), ‘Regulatory Standards in the WTO: Comparing Intellectual Property Rights with Competiton Policy, Environmental Protection, and Core Labor Standards’ 6. Daya Shanker (2003), ‘Legitimacy and the TRIPS Agreement’ 7. Ruth L. Okediji (2003), ‘Public Welfare and the Role of the WTO: Reconsidering the TRIPs Agreement’ 8. A. Samuel Oddi (1996), ‘TRIPS – Natural Rights and a “Polite Form of Economic Imperialism”’ PART II TRIPS, AIDS AND ACCESS TO AFFORDABLE MEDICINES 9. Anna Lanoszka (2003), ‘The Global Politics of Intellectual Property Rights and Pharmaceutical Drug Policies in Developing Countries’ 10. Robert L. Ostergard, Jr. (1999), ‘The Political Economy of the South Africa-United States Patent Dispute’ 11. Frederick M. Abbott (2002), ‘The TRIPS Agreement, Access to Medicines, and the WTO Doha Ministerial Conference’ 12. David Vaver and Shamnad Basheer (2006), ‘Popping Patented Pills: Europe and a Decade's Dose of TRIPs’ 13. Duncan Matthews (2005), ‘TRIPs Flexibilities and Access to Medicines in Developing Countries: The Problem with Technical Assistance and Free Trade Agreements’ 14. Kenneth C. Shadlen (2007), ‘The Political Economy of AIDS Treatment: Intellectual Property and the Transformation of Generic Supply’ PART III PECULIARITIES OF COPYRIGHT 15. Brendan Scott (2001), ‘Copyright in a Frictionless World: Towards a Rhetoric of Responsibility’ 16. Timothy J. Brennan (1993), ‘Copyright, Property, and the Right to Deny’ 17. Wendy J. Gordon (2004), ‘Do We Have a Right to Speak with Another's Language? Eldred and the Duration of Copyright’ 18. Joseph P. Liu (2003), ‘Copyright Law's Theory of the Consumer’ 19. Jessica Litman (1991), ‘Copyright as Myth’ Volume III Acknowledgements An introduction by the editor to all three volumes appears in Volume I PART I TECHNOLOGY AND INTELLECTUAL PROPERTY 1. Kenneth C. Shadlen, Andrew Schrank and Marcus J. Kurtz (2005), ‘The Political Economy of Intellectual Property Protection: The Case of Software’ 2. Nicola Lucchi (2005), ‘Intellectual Property Rights in Digital Media: A Comparative Analysis of Legal Protection, Technological Measures and New Business Models Under EU and US Law’ 3. Robert Hunter Wade (2002), ‘Bridging the Digital Divide: New Route to Development or New Form of Dependency?’ 4. Paul A. David (1993), ‘Knowledge, Property and the System Dynamics of Technological Change’ 5. Simon Avenell and Herb Thompson (1994), ‘Commodity Relations and the Forces of Production: The Theft and Defence of Intellectual Property’ PART II THE RIGHT TO DEVELOP? DEVELOPING COUNTRIES VS. INTELLECTUAL PROPERTY 6. Nagesh Kumar (2003), ‘Intellectual Property Rights, Technology and Economic Development: Experiences of Asian Countries’ 7. Peter Drahos (1997), ‘Thinking Strategically About Intellectual Property Rights’ 8. Ruth L. Gana (1996), ‘The Myth of Development, The Progress of Rights: Human Rights to Intellectual Property and Development’ 9. Hans Morten Haugen (2007), ‘Patent Rights and Human Rights: Exploring their Relationships’ 10. Paul Steidlmeier (1993), ‘The Moral Legitimacy of Intellectual Property Claims: American Business and Developing Country Perspectives’ 11. Andréa Koury Menescal (2005), ‘Changing WIPO's Ways? The 2004 Development Agenda in Historical Perspective’ PART III NORMATIVE (RE)PRODUCTION: SOCIALISATION, LOBBYING AND TECHNICAL ASSISTANCE 12. Kurt Burch (1995), ‘Intellectual Property Rights and the Culture of Global Liberalism’ 13. Susan K. Sell (1995), ‘The Origins of a Trade-Based Approach to Intellectual Property Protection: The Role of Industry Associations’ 14. Peter Drahos and John Braithwaite (2002), ‘Intellectual Property, Corporate Strategy, Globalisation: TRIPS in Context’ 15. Paul Steidlmeier and Cecilia Falbe (1994), ‘International Disputes Over Intellectual Property’ 16. Christopher May (2004), ‘Capacity Building and the (Re)Production of Intellectual Property Rights’ 17. Duncan Matthews and Viviana Munoz-Tellez (2006), ‘Bilateral Technical Assistance and TRIPS: The United States, Japan and the European Communities in Comparative Perspective’ 18. Debora J. Halbert (2007), ‘The World Intellectual Property Organization: Past, Present and Future’ PART IV INTELLECTUAL PROPERTY: CRITIQUE OR ABOLITION? 19. James Boyle (1997), ‘A Politics of Intellectual Property: Environmentalism for the Net?’ 20. John Frow (1996), ‘Information as Gift and Commodity’ 21. Sol Picciotto and David Campbell (2004), ‘Whose Molecule is it Anyway? Private and Social Perspectives on Intellectual Property’ 22. Brian Martin (1995), ‘Against Intellectual Property’ 23. Graham Dutfield (2007), ‘A Rights-free World – Is it Workable, and What is the Point?’ Index

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Book SynopsisThis book contributes to the current debates on the shadow economy and related issues of tax evasion and corruption. The approach taken here is one that will develop a better understanding of these related issues, which are increasingly seen as impediments to country competitiveness and economic growth.Economists and policymakers are increasingly focused on how the shadow economy operates. The contributors discuss how effective corporate governance may help to reduce both the occurrence and effects of illegal activities. The book begins by considering institutional governance and how issues such as economic growth and development can be better understood by gaining a deeper understanding of the decision-making process. The importance of collective persuasion and collective decision-making in an institutional context is illustrated. The remainder of the work details a series of empirical studies outlining the role of governance and institutional capacity in assessing economic performance, the role of political competition in reducing corruption and measures of, and influences on, corruption in different countries around the world.Institutions such as the WTO, World Bank and the IMF will find much to engage them in this book as will policy makers in government and research policy agencies. It will also hold great appeal to academics (postgraduate and above) in the fields of political economy, economic development and international economics.Trade Review'. . . the book provides interesting insights in the correlation and links between institutions, shadow economy and corruption and is worth reading. . . the combination of theoretical and empirical elements makes reading the book worthwhile. In a time, when shadow economy and corruption are main topics on the political as well as on the economic agenda, several aspects highlighted in this book should be discussed by academics and politicians.' -- Dominik H. Enste, Journal of Economics and Statistics'This is an outstanding collection of articles on the nexus between the shadow economy and institutional quality. Combining theory with rigorous econometrics, the collection is comprehensive and insightful, making it a work that the students of institutions and development cannot ignore.' -- Axel Dreher, KOF Swiss Economic Institute, ETH Zurich, SwitzerlandTable of ContentsContents: Preface PART I: OVERVIEW 1. Governance and Illegal Activities: A Survey of Recent Developments and Issues Michael Pickhardt and Edward Shinnick PART II: KEY ISSUES OF INSTITUTIONAL GOVERNANCE 2. The Political Economy of Governance and Development: Towards a New Worldview Ismail Adams 3. A Dynamic Theory of Collective Persuasion Athanassios Pitsoulis 4. On the Optimal Sanction Structure When Individuals are Imperfectly Informed about the Probability of Apprehension Tim Friehe PART III: EMPIRICAL STUDIES ON INSTITUTIONS, GOVERNANCE CORRUPTION AND THE SHADOW ECONOMY 5. Institutional Capacity and the Celtic Tiger Economy: Ireland in Comparative Perspective Frank Barry 6. Reducing Petty Corruption: What Role for a More Competitive Political System? John K. Wilson 7. Shadow Economies and Corruption all over the World: What do we Really Know? Friedrich Schneider 8. Determinants of Shadow Economy in Tunisia and Algeria: A Firm-Level Analysis Clara Delavallade 9. “It’s a Lot, But Let It Stay”: How Tax Evasion is Perceived Across Italy Carlo Fiorio and Alberto Zanardi 10. Why Do Individuals Evade Payroll and Income Taxation in Estonia? Kenneth A. Kriz, Jaanika Meriküll, Alari Paulus, Karsten Staehr 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 Handbook on the Political Economy of War highlights and explores important research questions and discusses the core elements of the political economy of war.By defining political economy and war in the broadest sense, this unique Handbook brings together a wide range of interdisciplinary scholars from economics, political science, sociology, and policy studies to address a multitude of important topics. These include an analysis of why wars begin, how wars are waged, what happens following the cessation of war, and various alternatives to conflict. Other sections explore civil war and revolution, the arms trade, political and economic systems, and post-conflict reconstruction and nation building. Erudite yet accessible, this comprehensive reference work will prove to be an engaging and enlightening read for policymakers, academics, and students of political science, economics, public policy, and sociology.Trade Review‘From why wars begin and how they are waged to alternatives to conflict ,civil war, arms issues, and nation building, this offers a detailed, in-depth and comprehensive reference perfect for any military or political issues holding.’ -- The Midwest Book ReviewTable of ContentsContents: 1. Introduction Christopher J. Coyne and Rachel L. Mathers PART I: WHY WARS ARE WAGED 2. Theories and Causes of War Jack S. Levy 3. The Reasons for Wars: An Updated Survey Matthew O. Jackson and Massimo Morelli 4. Can’t We All Just Get Along? Fractionalization, Institutions and Economic Consequences Peter T. Leeson and Claudia R. Williamson 5. Psychological Aspects of War Iain Hardie, Dominic Johnson and Dominic Tierney PART II: WAYS OF WAGING WAR 6. What is Guerrilla Warfare? Anthony James Joes 7. The Economics of Torture Pavel Yakovlev 8. Terrorism in Rational Choice Perspective William F. Shughart II 9. The Political Economy of Conscription Panu Poutvaara and Andreas Wagener PART III: CIVIL WAR AND REVOLUTION 10. Economic Perspectives on Civil Wars Nathan Fiala and Stergios Skaperdas 11. Political Economy of Third World Revolutions Misagh Parsa PART IV: THE ARMS TRADE 12. The Arms Trade David Kinsella 13. Arms Trade Offsets: What Do We Know? Jurgen Brauer and John Paul Dunne PART V: POLITICAL AND ECONOMIC SYSTEMS 14. The Capitalist Peace Erich Weede 15. On the Democratic Peace Sebastian Rosato 16. International Conflict and Leadership Tenure Randall J. Blimes 17. A Public Choice Perspective on Defense and Alliance Policy Bernhard Klingen 18. International Regimes and War James Ashley Morrison and Avery F. White PART VI: POST-CONFLICT RECONSTRUCTION AND NATION BUILDING 19. Fixing Failed States: A Dissenting View Justin Logan and Christopher Preble 20. Choice and Consequence in Strategies of Transitional Justice Geoff Dancy 21. Dynamics of Military Occupation Michael Hechter and Oriol Vidal-Aparicio 22. Three’s Company? Towards an Understanding of Third-Party Intervention Effectiveness David Carment and Martin Fischer 23. Credible Commitment in Post-Conflict Recovery Thomas Edward Flores and Irfan Nooruddin 24. Conflict, Credibility and Asset Prices Gregory M. Dempster and Justin P. Isaacs PART VII: ALTERNATIVES TO WAR 25. Disaggregated Trade Flows and International Conflict Han Dorussen and Hugh Ward 26. Sanctions as Alternatives to War David Cortright and George A. Lopez 27. International Negotiation and Conflict Prevention I. William Zartman 28. The Economics of Peacekeeping Lloyd J. Dumas Index

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Book SynopsisThe many forces that led to the economic crisis of 2008 were in fact identified, analyzed and warned against for many years before the crisis by economist Jane D'Arista, among others. Now, writing in the tradition of D'Arista's extensive work, the internationally renowned contributors to this thought-provoking book discuss research carried out on various indicators of the crisis and illustrate how these perspectives can contribute to productive thinking on monetary and financial policies.Topics addressed include monetary policy, financial markets, financial history, liquidity, institutions and global finance, with an emphasis on the ways in which theory and policy can be applied toward the goal of a more equitable and civilized society. The book s contributors hail from across the globe and offer a range of both academic and policy-making perspectives.This fascinating book will appeal to students and scholars of economics, particularly those with an interest in international finance and banking, financial regulation, and political economy.Contributors: R.A. Blecker, P. Bond, J. Crotty, G.A. Dymski, G.A. Epstein, K. Ertürk, J.K. Galbraith, R.N. McCauley, P. Mehrling, D.H. Nielson, G. Özgür, T. Palley, E. Pérez Caldentey, C. Rada, E.D. Russell, T. Schlesinger, M. Seccareccia, L. Taylor, M. Vernengo, R.H. Wade, M.H. WolfsonTrade Review'Jane D'Arista is one of those towering figures who thinks way ahead of the conventional understandings. A generation ago she recognized the distorted architecture of finance and banking and described in lucid detail the reform agenda for restoring a stable and equitable system. Written in the tradition of D'Arista, the essays in this important collection point the way toward overcoming the recurrent financial disorders of our gilded age. Like Jane D'Arista's work, this timely volume demands the attention of both policy experts and the politicians who must do the reconstruction.' -- William Greider, author of Secrets of the Temple: How the Federal Reserve Runs the CountryTable of ContentsContents: PART I: APPRECIATION AND INTRODUCTION 1. Jane D’Arista: An Appreciation Tom Schlesinger 2. Introduction Gerald A. Epstein, Tom Schlesinger and Matías Vernengo PART II: FEDERAL RESERVE POLICY 3. From Milton Friedman to Jane D’Arista: The Financial Crisis and the Dilemma Facing the Central Banks James K. Galbraith 4. Federal Reserve Priorities and the Influence of Capital: The Evolution of Monetary Policy in the Postwar Period Martin H. Wolfson 5. Heterodox Central Bankers: Eccles, Prebisch and Financial Reform Matías Vernengo and Esteban Pérez Caldentey PART III: FINANCIAL HISTORY AND INSTITUTIONS 6. Nurturing US Securities Firms: A Century of Public Policy Robert N. McCauley 7. Lessons from the Glass-Steagall Act Ellen D. Russell 8. The Financial Trilemma and the Future of American Banking Gary A. Dymski 9. Boulevard to Broken Dreams: The Standards-Surveillance-Compliance System in the Run-up to the Crash of 2008 Robert H. Wade PART IV: GLOBAL FINANCE 10. Would a North American Monetary Union Protect Canada and Mexico Against the Ravages of ‘Dutch Disease’? A Post-Financial Crisis Perspective Robert A. Blecker and Mario Seccareccia 11. Rethinking the Economics of Capital Mobility and Capital Controls Thomas Palley 12. Global Economic Volatility and Slap-Dash Repairs to the International Financial Architecture Patrick Bond PART V: THEORETICAL CONSIDERATIONS 13. Liquidity, Leverage, and Financial Instability Lance Taylor 14. The Decline of Traditional Banking and Endogenous Money Korkut Ertürk and Gökçer Özgür 15. A New Measure of Liquidity Premium Perry Mehrling and Daniel H. Nielson 16. The Last Refuge of Scoundrels: Keynes-Minsky Perspectives on the Uses and Abuses of the ‘Liquidity Defense’ James Crotty and Gerald A. Epstein 17. A Note on Growth and Distribution Dynamics in an Economy with Population Ageing Codrina Rada Index

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Book SynopsisIn this insightful book, Patrick McNutt explores the meaning of Law within a political environment, and advances many new ideas and concepts first addressed in his earlier book Law, Economics and AntitrustThe joint use of both economic and legal reasoning is well supported by the carefully selected examples and case studies, which clarify the issues under review. This, together with the application of simple game theory language to explain the complex legal and economic concepts and to assemble the arguments throughout each of the chapters, provides an innovative exposition of the political economy of law. The book discusses a range of issues from legal, economic and ethical platforms, with a reference to intuitive argument, the debate between ethics and law, and case precedent. Topics explored include a discussion on the role of law and ethics, tort liability, property rights and neo-Walrasian antitrust. The author also covers lawlessness and criminal intent, internet markets and intellectual property rights, and competition, co-operation, and governance.This innovative work will be an invaluable resource to legal scholars, practitioners, judiciary and postgraduate students in law and in economics. Philosophy scholars, economists and government policymakers interested in public policy initiatives will also find this a useful and informative bookTable of ContentsContents: Preface 1. Law’s Performance 2. Ownership and Property Rights 3. Honesty and the Reign of Law 4. Liability and Law’s Indeterminacy 5. Efficient Entry and Workable Competition 6. Non-Negativity and Obligation 7. A Caring-Defendant Model 8. Competitive Harm and Public Policy 9. Non-Market Economics 10. The Reach of the Law 11. Market Systems: Scramble, Combat and Contest 12. Frozen Markets and Intellectual Property Rights Bibliography Index

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Book SynopsisThis Companion takes stock of the trajectory, achievements, shortcomings and prospects of Marxist political economy. It reflects the contributors’ shared commitment to bringing the methods, theories and concepts of Marx himself to bear across a wide range of topics and perspectives, and it provides a testimony to the continuing purpose and vitality of Marxist political economy. As a whole, this volume analyzes Marxist political economy in three areas: the critique of mainstream economics in all of its versions; the critical presence of Marxist political economy within, and its influence upon, each of the social science disciplines; and, cutting across these, the analysis of specific topics that straddle disciplinary boundaries. Some of the contributions offer an exposition of basic concepts, accessible to the general reader, laying out Marx’s own contribution, its significance, and subsequent positions and debates with and within Marxist political economy. The authors offer assessments of historical developments to and within capitalism, and of its current character and prospects. Other chapters adopt a mirror-image approach of pinpointing the conditions of contemporary capitalism as a way of interrogating the continuing salience of Marxist analysis. This volume will inform and inspire a new generation of students and scholars to become familiar with Marxist political economy from an enlightened and unprejudiced position, and to use their knowledge as both a resource and gateway to future study.Trade Review'This will be a valuable resource for scholars, many in fields outside economics, for whom Karl Marx remains such vibrant presence that he is still read and reread in small study groups. It is hard to imagine making any progress in understnading modern capitalise without at least some knowledge of teh basic categories and analytic language provided by Marxian political economy. Space did not permit mention of the many other stimulating chapters in this collection but they convery well that knowledge and language.' -- Thomas R. Michl, Journal of the History of Economic Thought‘This book is a valuable contribution for everyone with an interest in understanding the theory and application of Marxist analysis. It goes well beyond just repeating or explaining what Marx wrote, or even what he had intended. Instead, each of the 61 essays collected in this volume explores a difference subject, some of which, such as Analytical Marxism, neoliberalism, and radical political economy in the USA, only arose long after Marx’s lifetime. . . This book deserves close attention, not just as an academic exercise, but rather as a tool to make sure that Marxist theory again becomes a vital part of wider social, political, and economic discourse, potentially contributing to moving the world a bit closer to Marx’s original vision.’ -- Michael Perelman, Science & Society‘The Elgar Companion to Marxist Economics is an admirable collection which contains 61 short articles on a myriad of themes within Marxist economics, and from a selection of experts in the field. . . . Simon Mohun provides an accurate account of the difference between productive and unproductive labour in Marxist terms, particularly with regard to the non-productive ‘state sector’ and the domestic sphere. Ben Fine provides an excellent account of the Labour theory of value. Tony Smith offers a penetrating critique of the ‘new economy perspective’. Prabhat Patnaik provides a perspicuous and refreshing take on Lenin which reinstates the libertarian aspect of his thought and provides a clarification of his theory of imperialism. Many of the other articles I have failed to reference set an equally high standard.’ -- Tony Mckenna, Marx & PhilosophyTable of ContentsContents: Introduction Ben Fine and Alfredo Saad-Filho 1. Accumulation of Capital Paul Zarembka 2. The Agrarian Question and the Peasantry Terence J. Byres 3. Analytical Marxism Marco Boffo 4. Anthropology Keith Hart 5. Capital Jayati Ghosh 6. Capitalism Ellen Meiksins Wood 7. Centrally Planned Economy Dic Lo and Yu Zhang 8. Class and Class Struggle Utsa Patnaik 9. Classical Political Economy Hugh Goodacre 10. Combined and Uneven Development Sam Ashman 11. Commodification and Commodity Fetishism Robert Albritton 12. Competition Paresh Chattopadhyay 13. Consumerism Paula Cerni 14. Contemporary Capitalism Greg Albo 15. Crisis Theory Simon Clarke 16. Dependency Theory John Weeks 17. Ecology and the Environment Barbara Harriss-White 18. Economic Reproduction and the Circuits of Capital Ben Fine 19. Exploitation and Surplus Value Ben Fine 20. Feminist Economics Radhika Balakrishnan and Savitri Bisnath 21. Feudalism George C. Comninel 22. Finance, Finance Capital and Financialization Thomas Marois 23. Friedrich Engels Paresh Chattopadhyay 24. Geography Erik Swyngedouw 25. Global Commodity Chains and Global Value Chains Susan Newman 26. Globalization and Imperialism Ray Kiely 27. International Political Economy Alejandro Colás 28. Karl Marx Lucia Pradella 29. Knowledge Economy Heesang Jeon 30. Labour, Labour Power and the Division of Labour Bruno Tinel 31. Labour Theory of Value Ben Fine 32. Market Socialism Makoto Itoh 33. Marx and Underdevelopment Mauro Di Meglio and Pietro Masina 34. Marxism and History George C. Comninel 35. Method of Political Economy Branwen Gruffydd Jones 36. Mode of Production Jairus Banaji 37. Money Paulo L. dos Santos 38. Neoliberalism Gérard Duménil and Dominique Lévy 39. Neoclassical Economics Dimitris Milonakis 40. Neo-Ricardianism Sungur Savran 41. New Technology and the ‘New Economy’ Tony Smith 42. Political Science Alison J. Ayers 43. Population and Migration Deborah Johnston 44. Productive and Unproductive Labour Simon Mohun 45. Race Alfred Zack-Williams 46. Radical Political Economy in the USA Al Campbell 47. The Rate of Profit Simon Mohun 48. The Regulation Approach Stavros D. Mavroudeas 49. Rent and Landed Property Erik Swyngedouw 50. The Social Structures of Accumulation Approach Stavros D. Mavroudeas 51. Socialism, Communism and Revolution Al Campbell 52. Sociology Alberto Toscano 53. The State Bob Jessop 54. ‘Transformation Problem’ Alfredo Saad-Filho 55. The Transition from Feudalism to Capitalism David Laibman 56. Transnational Corporations Hugo Radice 57. Unemployment Gary Slater 58. Value-form Approach Samuel Knafo 59. Vladimir I. Lenin Prabhat Patnaik 60. The Welfare State Daniel Ankarloo 61. World Economy Gong Hoe Gimm References Index

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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 important and cross-disciplinary book explores globalization alongside precarious forms of production and employment, and how these factors have impacted on workers and trade unions. The contributors, all leading scholars in their field, investigate central issues including: the role and behaviour of transnational corporations; flexibility, insecurity, individualized and precarious work; individual and collective responses; and ideological forms and justifications. Using rich, diverse examples and case studies they also explore a full range of industries and sectors including agriculture, manufacture, services and state employment, encompassing both mature capitalist economies and global outsourcing to less developed regions.This innovative and timely book provides a multidisciplinary analysis that advances underdeveloped theories and will stimulate further debate and contributions on the roles of states, employers and workers? organizations, as well as ideology and democracy. It will strongly appeal to academics who work, study or research the interrelated fields of global economy and international sociology, globalization, management, human resource management, employee and industrial relations, sociology of work, and international political economy.Trade Review‘. . . the book provides some valuable and fascinating insights into the increasingly precarious nature of modern work and raises issues which should be of concern to anyone interested in the idea of a fairer and more equal society.’ -- Tony Royle, Work, Employment and Society‘This book makes a unique and invaluable contribution to our understanding of the changing nature of employment and its consequences for industrialized societies. It combines industry case studies, company case studies, and specific country case studies to paint a multi-dimensional picture of the spread of precarious employment and the responses by trade unions and other worker mobilizations. In addition, the astute theoretical chapters demonstrate how the trend toward precarization is reshaping power relationships in ways that have significant implications for individual security and well-being, collective agency and empowerment, societal equality and stability, and the vitality of democracy itself. Together these essays provide an exceptionally rich picture and insightful analysis of these important trends in contemporary industrialized societies.’ -- Katherine V.W. Stone, UCLA School of Law, US‘Precarious work has become a central model for organizing contemporary employment. Covering precarity in an unprecedented spectrum of sectors - manufacturing, agriculture, retail, IT, services - this book is an invaluable research tool. More, in its accessibility it will set the pace for teachable texts in this emerging field. Covering an equally broad range of international experiences, this book for the first time introduces work not previously available in English. Its broad international coverage allows the authors to burst the conceptual bubble of even some of the left’s own most cherished categories. It analyses responses by workers and unions, and evaluates strategies that have and haven’t worked. Read it, teach it, take it to work!’ -- Neil Smith, New York University, US‘Globalization and Precarious Forms of Production and Employment makes an important and timely contribution to scholarly debates about the nature and dynamics of precarious employment as they are shaped by global processes of production, distribution, and exchange. The volume’s coverage of macro, meso, and micro level developments posing challenges and opportunities for workers and unions, together with its effective mix of country, region and industry-specific case studies, drawn from a wide range of contexts within and outside English language contexts is impressive indeed. It is essential reading for scholars, students, and activists in North and South America, Europe and Australasia, concerned not only about understanding precariousness but the continued importance of democratic collective responses questioning its spread. Its editors are to be congratulated on producing an original and tightly focused collection of quality essays.’ -- Leah F. Vosko, York University, CanadaTable of ContentsContents: 1. Introduction: Globalization and Precarious Forms of Production and Employment: Challenges for Workers and Unions Carole Thornley, Steve Jefferys and Beatrice Appay 2. In the Age of Wal-Mart: Precarious Work and Authoritarian Management in the Global Supply Chain Nelson Lichtenstein 3. ‘Precarization’ and Flexibility in the Labour Process: A Question of Legitimacy and a Major Challenge for Democracy Beatrice Appay 4. Legitimating Precarious Employment: Aspects of the Post-Fordism and Lean Production Debates Dan Coffey and Carole Thornley 5. Global Restructuring of Transnational Companies: Negotiations in the Auto Industry Isabel da Costa and Udo Rehfeldt 6. Trade Unions Facing Uncertainty in Central and Eastern Europe Sylvie Contrepois and Steve Jefferys 7. Seasonal Workers in Mediterranean Agriculture: Flexibility and Insecurity in a Sector Under Pressure Beatrice Mésini 8. The Rise in Precarious Employment and Union Responses in Australia Iain Campbell 9. Hyper-flexibility in the IT Sector: Myth or Reality? Isabelle Berrebi-Hoffmann, Michel Lallement, Martine Pernod-Lemattre and François Sarfati 10. The Increasing Use of ‘Market’ Concepts in Negotiations, and Contextualizing Factors Jens Thoemmes 11. Trade Union Responses to Privatization and Restructuring of Production in Argentina in the 1990s: Similarities and Differences in Two State-owned Companies Juliana Frassa, Leticia Muñiz Terra and Alejandro Naclerio 12. Organizing and Mobilizing Precarious Workers in France: The Case of Cleaners in the Railways Heather Connolly 13. Growing Power Asymmetries, Individualization and the Continuing Relevance of Collective Responses Rachid Bouchareb 14. Changing Lanes or Stuck in the Slow Lane? Employment Precariousness and Labour Market Status of MG Rover Workers Four Years After Closure Alex de Ruyter, David Bailey and Michelle Mahdon 15. ‘Politics of Production’, A New Challenge for Unionism: Workers Facing Citizens in the French Civil Nuclear Energy Patrick Chaskiel Index

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Book SynopsisThe Handbook on the Economics of Conflict conveys how economics can contribute to the understanding of conflict in its various dimensions embracing world wars, regional conflicts, terrorism and the role of peacekeeping in conflict prevention. The economics of conflict is a relatively new branch of the discipline of economics. Conflict provides opportunities for applying game theory involving strategic behaviour, interactions and interdependence between adversaries. The Handbook demonstrates that conflict and its prevention is costly; it considers new dimensions such as ethnic cleansing, destructive power, terrorism, corruption, the impact of new technology, peacekeeping, the role of economists in defence ministries and the use of private contractors in conflict. This unique and comprehensive resource presents a set of original contributions by distinguished experts, providing theoretical, empirical and case-study material. It will prove invaluable for students and researchers interested in defence and peace economics, international relations and strategic studies. Policymakers and defence industry executives will also find this book a fascinating read. Contributors : C. Anderton, S.H. Bae, C.P. Barros, N. Bennett, U. Berkok, L. Bilmes, V. Bove, D. Braddon, J. Bradley, J. Brauer, J. Carter, F. Coulomb, N. Davies, S. Davies, P. Dowdall, J.P. Dunne, A. Gibbons, L.A. Gil-Alana, P. Hall, K. Hartley, J. Hudson, D. Jones, C. Kollisa, S. Markowski, A. Ott, S.M. Paleologou, K. Pittel, I. Ringel, D. Rübbelke, Selami Sezgin, Sennu Sezgin, R. Smith, B. Solomon, J. Stiglitz, A. Tishler, T. Turner, M. Vahabi, V. ZervosTrade Review’Conflict and the need for defense against conventional and nonconventional threats are as important today as they have ever been owing to nuclear proliferation, terrorism, and myriad conflicts. The Handbook offers a new look at many of the key conflict concerns that challenge the world today. The papers are authored by many of the best researchers in the field and is a must read for any policymaker, scholar, or student interested in cutting-edge treatment of these problems.’ -- Todd Sandler, University of Texas at Dallas, USTable of ContentsContents: 1. Introduction Derek L. Braddon and Keith Hartley 2. The History of Economic Thought on Conflict Fanny Coulomb PART I: THEORY 3. A Bargaining Theory Perspective on War Charles H. Anderton and John R. Carter 4. Modeling Mass Killing: For Gain or Ethnic Cleansing? Attiat F. Ott and Sang Hoo Bae 5. The Economics of Destructive Power Mehrdad Vahabi 6. The Government Budget Allocation Process and National Security: An Application to the Israeli–Syrian Arms Race Itay Ringel and Asher Tishler 7. Characteristics of Terrorism Karen Pittel and Dirk Rübbelke 8. Conflict and Corruption John R. Hudson 9. Conflict in Space Vasilis Zervos 10. The Economics of Peacekeeping Vincenzo Bove and Ron Smith 11. Peacekeeping, Private Benefits and Common Agency Ugurhan G. Berkok and Binyam Solomon 12. The Long-term Costs of Conflict: The Case of the Iraq War Linda J. Bilmes and Joseph E. Stiglitz 13. Macroeconomics and Violence Jurgen Brauer and J. Paul Dunne PART II: CASE STUDIES 14. The Macroeconomic Effects of Conflict: Three Case Studies Christos Kollias and Suzanna-Maria Paleologou 15. Economics of Conflict: Turkey’s Experience Sennur Sezgin and Selami Sezgin 16. Terrorism: The Case of ETA Carlos P. Barros and Luis A. Gil-Alana 17. Helping Secure the ‘Biggest Bang for the Taxpayers’ Buck’: Defence Resource Management in the United Kingdom Neil Davies, Tony Turner, Andrew Gibbons, Stuart Davies, David Jones and Nick Bennett 18. The Economic Impact of the Conflict in the Balkans: The Case of Serbia Derek L. Braddon, Jonathan Bradley and Paul Dowdall 19. The Strategic Bombing of Germany in the Second World War: An Economic Perspective Keith Hartley 20. The Reprivatization of War Stefan Markowski and Peter Hall Index

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Book SynopsisSpencer Pack compares and contrasts Aristotle?s, Smith?s and Marx?s theoretical systems on six fundamental issues: exchange value, money, capital, character, government, and change. This book also provides insights on issues concerning the continuing development of world money, saving, managerial capitalism, corrupt governments, and various secular and religious movements for social change.Trade Review‘. . . a very valuable introduction to Aristotle’s economics.’ -- History of Economic Ideas‘I can thoroughly recommend this book for its interest to political econo-mists and as an example of how history of economic thought can be made clearly and easily relevant to contemporary political economists.’ -- Christopher May, Political Studies‘Spencer Pack is completely at home with the difficult works of Aristotle, Adam Smith and Karl Marx. To walk with him through their writings is to discover that they are surprisingly helpful in understanding the modern world of computers, credit crunches, religious differences, international conflicts, and unemployment due to oversaving in China and undersaving in America. One is left after reading them with growing admiration for the giants of past intellectual history. This is only one lesson that Pack teaches in this illuminating book.’ -- The late Mark Blaug, formerly of the University of London and University of Buckingham, UK‘This is an unusually ambitious and unpretentious work. And it is successful. Pack effectively compares the ideas of each of the three great men without forcing those of one upon the others. The topics are exchange value, money, capital, character, government, and change, which the author considers to be the fundamental issues in 21st century political economy. Pack is especially successful in utilizing a wide spectrum of secondary (including contemporary) sources to enrich the analysis of the expected primary sources. Student readers will be exposed to the opportunities and problems of variation in interpretation. The author has studiously avoided insinuating and privileging his own views and naively repeating well-worn and misleading, if not also erroneous, ideology-laden positions.’ -- Warren J. Samuels, Michigan State University, USTable of ContentsContents: Introduction Part I: Aristotle’s Seminal Position 1. Aristotle on Exchange Value and Money 2. Aristotle on the Relation between Capital (Chrematistics) and Character 3. Aristotle on Change and Government Part II: Adam Smith’s Debate With Aristotle Over Chrematistic/Economic Issues 4. Adam Smith on Exchange Value and Money 5. Adam Smith on Money and Capital 6. Adam Smith on Character 7. Adam Smith on Government and Change Part III: Karl Marx’s Modern Return to Aristotle 8. Karl Marx on Exchange Value and Money 9. Karl Marx on Capital and Character 10. Karl Marx on the State and Change Part IV: Lessons for the 21st Century 11. Exchange Value and Money in the 21st Century 12. Capital and Character in the 21st Century 13. Government and Change in the 21st Century 14. Concluding Thoughts for the 21st Century (and the Third Millennium) Bibliography 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 SynopsisArguably one of the most important economists who has lived, Ricardo's impact on the economics profession is immense. This unique and comprehensive Companion elucidates his significance and continuing legacy. Ricardo made major contributions to all fields of the subject, from monetary issues to value and income distribution, from capital accumulation, technical progress and economic growth to foreign trade and international specialization, and from taxes to public debt. What he called the main problem of political economy, the distribution of income and wealth, is again back on the political and economic agenda with a vengeance. Leading experts in the field explore his influence and offer novel interpretations of received doctrines.The concise yet comprehensive entries are arranged alphabetically for ease of use with cross references and suggestions for further reading. The Companion will serve as the standard reference work for all those engaged in the field of classical economics. It will also be essential reading for scholars and researchers interested in the history of economic thought, macroeconomics and political economy.Contributors include: R. Arena, T. Aspromourgos, M.S. Aßländer, R.E. Backhouse, I. Barens, E. Bellino, C. Bidard, S. Blankenburg, C. Casarosa, R. Ciccone, S. Cremaschi, M. Dardi, G. Deleplace, T. Dome, G. Erreygers, G. Faccarello, R. Faucci, D. Fiaschi, S. Fratini, G. Freni, C. Gehrke, A.F. Gilbert, G. Gilibert, P. Groenewegen, D. Haas, H. Hagemann, A. Heertje, J.E. King, H. Klausinger, H.D. Kurz, A. Maneschi, M.C. Marcuzzo, F. Meacci, M. Milgate, G. Mongiovi, F. Moseley, D.P.O'Brien, A. Opocher, A. Palumbo, S. Parrinello, C. Perrotta, M. Pivetti, P.L. Porta, A. Quadrio Curzio, S.A.T. Rizvi, A. Rosselli, C. Rotondi, N. Salvadori, R. Signorino, N. Sigot, M. Smith, A. Stirati, R. Sturn, P. Trabucchi, H.-M. Trautwein, P. Tubaro, K. WataraiTrade Review‘Heinz D. Kurz and Neri Salvadori have prepared a superb companion that mirrors their deep understanding of classical economics and additionally their familiarity with the international scene of scholars who have worked on Ricardo’s work and his life.’ -- Volker Caspari, Œconomia‘Although there are serious concerns, it cannot be denied that no other individual, or team, could invite so many commentators from all over the world to contribute articles and compile them into a volume on so many aspects of this genuine economist.? The geographical distribution of contributors stretches from USA and UK? ?through (most densely) continental Europe to Australia and Japan, thanks to which? ?the monolingual Anglo-American reader can access the rich non English literature? ?and tradition. The subject coverage extends not only to Ricardo’s? ?economics, pure or? ?applied, and to later economists on him, but also to his life, family, friends, business,? ?religion, politics, and other subjects - a liberal materialization of the editors’ conviction? ?that there is no essential variance between rational and historical reconstruction? ?in the historiography of economics.? ?The reader using this as a reference book should? ? consult as many entries as possible, with the aid of the “See also” sections at the end? ?of each entry. This volume seems, unlike the Ricardian world, to yield increasing? ?returns to scale.?‘ -- Shin Kubo, ?Journal of the History of Economic Thought’As the contributions demonstrate, these scholars from different countries are authorities in their respective areas of Ricardian theory and often for the history of economic thought in general, as are the editors. . . it is encouraging that even nowadays there are still scholars with an intimate knowledge of the roots of our discipline. And, we should be grateful to the editors that they encouraged these authorities, brought together in this volume, to pass on their knowledge to future generations. They contributed to a volume that can be recommended emphatically as a true Companion because it belongs to the sort of books you will not read only once and then put it away. Actually, it should be on one’s book shelf because it is the sort of volume that merits consultation time and again.’ -- History of Economics Review‘. . .Kurz and Salvadori have done researchers on Ricardo a great service with their compilation of these essays.’ -- EH.NetTable of ContentsContents: 1. Accumulation of Capital Enrico Bellino 2. Belsham, Thomas, and Ricardo Sergio Cremaschi 3. Bentham Jeremy and Ricardo Nathalie Sigot 4. Biaujeaud, Huguette, on Ricardo Gilbert Abraham-Frois 5. Blaug, Mark, on Ricardo Roger E. Backhouse 6. Böhm-Bawerk, Eugen von, on Ricardo Heinz D. Kurz 7. Bortkiewicz, Ladislaus von, on Ricardo Heinz D. Kurz 8. Bullionist Controvercy Ghislain Deleplace 9. Capital and Profits Giorgio Gilibert 10. Colonies Davide Fiaschi and Rodolfo Signorino 11. Comparative Advantage Gilbert Faccarello 12. Competition Richard Arena and Stephanie Blankenburg 13. Corn Laws Andrea Maneschi 14. Corn Model Roberto Ciccone and Paolo Trabucchi 15. Demand and Supply Antonella Palumbo 16. Dmitriev, Vladimir Karpovich, on Ricardo Christian Gehrke 17. Endogeneous Growth Heinz D. Kurz and N. Salvadori 18. Essay on Profits Rodolfo Signorino 19. Exchange Value and Utility S. Abu Turab Rizvi 20. Exhaustible Resources and Mines Heinz D. Kurz and Neri Salvadori 21. Foreign Trade Sergio Parrinello 22. Funding System Rodolfo Signorino 23. General Glut Harald Hagemann 24. Gold Alberto Quadrio Curzio and Claudia Rotondi 25. Hayek, Friedrich von, on Ricardo Hansjoerg Klausinger 26. Hicks on Ricardo Carlo Casarosa 27. Historical Schools on Ricardo Riccardo Faucci 28. Hollander, Jacob Harry, on Ricardo Christian Gehrke 29. Improvements in Production Christian Gehrke 30. Invariable Measure of Value Heinz D. Kurz and Neri Salvadori 31 Jevons, William Stanley, on Ricardo David Haas 32. Jewish Background Arnold Heertje 33. Kaldor, Nicholas, on Ricardo John E. King 34. Keynes, John Maynard, on Ricardo Ingo Barens 35. Labour and Wages Antonella Stirati, 36. Labour Theory of Value Gilbert Faccarello 37. Land and Rent Christian Bidard and Guido Erreygers 38. Life and Activities Arnold Heertje 39. Limiting and Regulating Principles Heinz D. Kurz 40. Malthus-Ricardo Debate Sergio Cremaschi 41. Marshall, Alfred, on Ricardo Marco Dardi 42. Marx, Karl Heinrich, on Ricardo Fred Moseley 43. Mathematical Formulations of Ricardian Economics Giuseppe Freni 44. McCulloch, John Ramsay, and Ricardo Katsuyoshi Watarai 45. Member of Parliament Murray Milgate 46. Mill, James, and Ricardo Sergio Cremaschi 47. Mill, John Stuart, on Ricardo Michael S. Aßländer 48. Monetary Theory Ghislain Deleplace 49. National Debt D.P.O'Brien 50. Natural and Market Prices Rodolfo Signorino 51. Natural Quantity of Money Maria Cristina Marcuzzo and Annalisa Rosselli 52. Non-English Editions of Ricardo’s Works Christian Gehrke 53. Notes on Malthus Pier Luigi Porta 54. Papers on Money and Banking Ghislain Deleplace 55. Pasinetti, Luigi Lodovico, on Ricardo Enrico Bellino 56. Poor Laws Arrigo Opocher 57. Population Arrigo Opocher 58. Porter, Sarah Ricardo Sergio Cremaschi 59. Principles of Political Economy and Taxation Heinz D. Kurz and N. Salvadori 60. Rate of Interest Massimo Pivetti 61. Recent Interpretations Gary Mongiovi 62. Revenue Giorgio Gilibert 63. Ricardian Dynamics Christian Bidard and Guido Erreygers 64. Ricardian Equivalence Richard Sturn 65. Ricardian Socialists John E. King 66. Ricardo Editions Christian Gehrke 67. Ricardo on Adam Smith Tony Aspromourgos 68. Ricardo's Emancipation from Smith's Theory of Prices Katsuyoshi Watarai 69. Ricardo's Four Magic Numbers Andrea Maneschi 70. Riches and Value Cosimo Perrotta 71. Samuelson, Paul Anthony on Ricardo Heinz D. Kurz and N. Salvadori 72. Say Jean-Baptiste and Ricardo Christian Gehrke 73. Say's Law Ferdinando Meacci 74. Schumpeter, Joseph Alois, on Ricardo Heinz D. Kurz 75. Sraffa, Piero, on Ricardo Heinz D. Kurz and N. Salvadori 76. Surplus Saverio M.Fratini 77. Taxation Takuo Dome 78. Technical Change Heinz D. Kurz 79. Tooke, Thomas, and Ricardo Matthew Smith 80. Torrens, Robert, and Ricardo Gary Mongiovi 81. Tozer, John Edward, on Ricardo Paola Tubaro 82. Trower, Hutches, and Ricardo Peter Groenewegen 83. Walras, Marie-Esprit-Léon, on Ricardo Heinz D. Kurz and N. Salvadori 84. Wealth Ferdinando Meacci 85. Whewell William on Ricardo Christian Gehrke 86. Wicksell, Knut on Ricardo Hans-Michael Trautwein Index

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Book SynopsisThis timely book utilizes the tools of politics, economics and public policy to explore the causes of the recent global financial crisis, which, the author argues, can be explained as the absence of a public interest perspective in policy making. Maurice Mullard points out that recessions are not collective shared experiences. Recessions create winners and losers. Furthermore, recessions are not an external event but reflect the outcomes of the policy process. The author looks beyond economic explanations for the economic crisis, and instead points towards a structural explanation. He explores the concept of social structures, the effects of the relationships between power and influence, and the role of ideology and income inequalities as contributory factors. The commitment to deregulated financial markets created an over the counter derivatives market worth some $640 trillion dollars compared to a global GDP worth $65 trillion dollars. The growth of derivatives markets, the role of credit rating agencies, major shifts in policy making and growing income inequalities are described as major factors explaining the present economic recession. The absence of a public interest perspective, the breakdown of trust in institutions, policy makers dependence on financial contributions, the housing bubble, and the increased concentration of income have distorted the democratic process. Thought provoking and stimulating, this book will provide a fascinating study for students and academics with an interest in politics, economics, political economy and public policy.Table of ContentsContents: Preface 1. Introduction: The Absence of Public Interest 2. Anatomy of Financial Crisis 3. Explanations of the Financial Meltdown and the Present Recession 4. Derivatives and Securities: The Finance Industry 5. Credit Rating Agencies and their Contribution to the Financial Meltdown 6. Possible Keynesian Explanations and Responses 7. Structural Explanation of the Financial Crisis 8. The Politics of Recession: Power and Politics 9. The Politics of the Financial Crisis Inquiry Commission 10. Conclusions: Lessons of the Financial Crisis Index

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Book SynopsisThis book investigates the contributions of Non-Governmental Organizations (NGOs) to policymaking at the WTO, challenging the idea that NGOs can be narrowly understood as potential 'democratic antidotes' to the imperfections of Inter-Governmental Organizations (IGOs).The book highlights the significance of interactions between states, NGOs and IGOs, in order to understand their contributions to international trade governance. Based on case studies in the areas of labour standards, intellectual property and investment rules, the author finds that NGO activities serve an agenda setting function: they publicize neglected trade-related issues, persuade others to support their positions, enhance the resources of less developed member states and highlight normative rationales for policy change. In evaluating NGO campaign tactics and emphasizing relations between NGOs and WTO member states, this book advances understandings of the parameters of NGO agency in global governance.The Making of International Trade Policy will appeal to scholars and students with an interest in NGOs, research institutes and thinktanks, as well as policymakers, national trade negotiators, government departments and the trade policy community. NGO personnel active on WTO and trade policy issues - both researchers and activists - will also find this book thought-provoking.Trade Review'The discipline of international relations is in disarray, now that sovereign national states are no longer its exclusive actors. But what can non-state, non-governmental actors accomplish - or prevent from happening? In this pioneering work, Hannah Murphy explores both the potentialities and limits of NGO intervention in the substantive arena of international trade policy.' --From the foreword by Philippe C. Schmitter, European University Institute, Italy'Hannah Murphy provides a refreshingly realistic account of NGO influence in international trade policy. Carefully argued and persuasive, her book lays out the possibilities and limits of advocacy. Throwing cold water on overheated claims about NGO power to democratize the WTO, Murphy emphasizes how WTO rules shape NGO activities. As she deftly shows, this leaves room for activists to help set the WTO agenda even as they often legitimate, rather than challenge, state interests.' --Clifford Bob, Duquesne University, USTable of ContentsContents: Foreword 1. Introduction: NGOs and the WTO 2. NGOs, States and the WTO: Towards a Governance-centred Perspective 3. Conceptualizing NGO Activity in the WTO Contex 4. The Campaign for International Core Labour Standards at the WTO 5. Safeguards Pending: TRIPS and the Access to Medicines Campaign 6. The NGO Campaign Against a WTO Investment Agreement 7. Understanding the Agenda-setting Roles of NGOs at the WTO 8. Conclusion Index

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Book SynopsisThis well-researched book examines the dramatic transformation of Southeast Asian countries from agricultural and mining economies to industrial nations.In doing so, it explores the effects of development policy on a number of interdisciplinary issues, and the emergence of new social and political pressures created by industrialization. These include their heightened vulnerability to complex economic crises, their use of sophisticated instruments in the labour process and increased awareness of environmental issues. The distinguished authors present a regional and cross-border focus on transnational actors and institutions, and the policy issues and problems which have a wider impact on spatial configurations in the region.This insightful study will appeal to researchers, academics and policymakers working on the economics and development of Southeast Asia.Trade Review‘The New Political Economy of Southeast Asia is a praiseworthy interdisciplinary scholarly survey of contemporary political economy of one of the most dynamic economic hubs of the world. It is a highly-recommended reading not only for advanced scholars of Asian studies who hope to build upon the theoretically-oriented and empirically-grounded analyses advocated in this volume, but also for students and interested individuals who are deeply interested in Southeast Asia, or more broadly, on the study of regional and national economies vis-à-vis their constitutive property of being globally embedded. Future scholarly endeavors in the social sciences dealing with the study of Southeast Asian political economy are strongly encouraged to build upon the findings uncovered in the volume’s interdisciplinary-oriented analyses, as well as to be more conscious of uncovering the multi-dimensional linkages between the global and regional political economies.’ -- Salvador Santino Regilme Jr., CEU Political Science Journal‘This is a very interesting book. It is topical and is one of the few volumes that attempts to treat Southeast Asia as an integrated whole. The editors are methodologically ambitious, and they skillfully integrate a very large amount of diverse material in their introduction. I imagine that the book would be adopted widely for courses in Asian studies and political economy.’ -- Hal Hill, The Australian National University‘The different parts of the Southeast Asian puzzle fit better together as a consequence of reading this valuable book, which brings history back in to show how regions learn from each other and establish an identity.’ -- Alice Amsden, Massachusetts Institute of Technology, USTable of ContentsContents: Preface 1. Introduction Rajah Rasiah and Johannes Dragsbaek Schmidt 2. Industrialization in the Second-tier NIEs Rajah Rasiah 3. The 1997 Economic Crisis, Reform and Southeast Asian Growth Chris Dixon 4. Revisiting Shared Growth and Examining Horizontal Inequality Anis Chowdhury and Iyanatul Islam 5. Industrial Relations and Labour Market Conditions Rene Ofreneo and Peter Wad 6. Urban and Industrial Environmental Reform in Southeast Asia David A. Sonnenfeld and Arthur P.J. Mol 7. Civil Society and Distributional Conflicts in Southeast Asia Johannes Dragsbaek Schmidt 8. Rationale for Free Trade Agreements (FTAs) in Southeast Asia Sanchita Basu Das and Aekapol Chongvilaivan Index

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Book SynopsisThe Elgar Companion to Public Choice, Second Edition brings together leading scholars in the field of political economy to introduce readers to the latest research in public choice.The Companion lays out a comprehensive history of the field and, in five additional parts, it explores public choice contributions to the study of the origins of the state, the organization of political activity, the analysis of decision-making in non-market institutions, the examination of tribal governance, and to modeling and predicting the behavior of international organizations and transnational terrorism.With broad and up-to-date coverage, this second edition will appeal to politicians and policymakers, academics and researchers in public and social choice and political science as well as graduate students in economics, political science and public administration.Contributors include: D.G. Arce M., A. Batinti, F. Bose, G. Brennan, M. Brooks, U. Cantner, R.D. Congleton, C.J. Coyne, N.V. Crain, W.M. Crain, R.B. Ekelund Jr, J.S. Ferris, R.K. Fleck, A. Glazer, A. Hamlin, F.A. Hanssen, A.L. Hillman, R.G. Holcombe, L.W. Kenny, Y. Kim, M.S. Kimenyi, K.M. Larkin-Wong, J.G. Matsusaka, F.S. McChesney, R.R. McGregor, D.C. Mueller, M.C. Munger, F. Padovano, A. Pellillo, R. Pietrantonio, A. Razo, L. Razzolini, M. Reksulak, C.K. Rowley, P.H. Rubin, J.M. Shepherd, W.F. Shughart II, R.S. Sobel, T. Stratmann, O. Taiwo, R.D. Tollison, R. Vaubel, M. WohlgemuthTrade Review‘This is a comprehensive set of essays on myriad facets of public choice by many of the leading contributors in the field. The coverage is excellent and the essays are terrific. I highly recommend this book for researchers and students.’ -- Todd Sandler, University of Texas at Dallas, US‘Co-Editors Michael Reksulak, Laura Razzolini, and William Shughart have assembled a fine extension of the first Elgar Companion to Public Choice that was published in 2003 (Shughart and Razzolini 2003). . . Overall, the 2013 Companion is useful to scholars both as specialists in the specific topics covered and as generalists interested in surveying the field.’ -- Edward J. Lopez, Journal of Public Finance & Public ChoiceTable of ContentsContents: Preface to the Second Edition Preface to the First Edition PART I: THE CHOICE IN PUBLIC CHOICE 1. Individual Choice and Collective Choice: An Overview Michael Reksulak, Laura Razzolini and William F. Shughart II 2. Public Choice: The Origins and Development of a Research Program Charles K. Rowley 3. Political Science and Public Choice Michael C. Munger PART II: THE FRAMEWORK OF GOVERNMENT 4. The Origins of the State Dennis C. Mueller 5. Constitutional Political Economy Alan Hamlin 6. Autocrats and Democrats Armando Razo PART III: SYSTEMS OF COLLECTIVE DECISION-MAKING 7. Expressive Voting Geoffrey Brennan and Michael Brooks 8. Direct Democracy John G. Matsusaka 9. Legislatures Nicole V. Crain and W. Mark Crain 10. Parliaments Fabio Padovano 11. Federal Systems Randall G. Holcombe 12. Tribal Systems Mwangi S. Kimenyi and Olumide Taiwo PART IV: PUBLIC CHOICE ANALYSES OF THE TOOLS OF GOVERNMENT 13. The Politics of Elections and Congressional Oversight Russell S. Sobel and Adam Pellillo 14. Judges: Why do they Matter? Robert K. Fleck and F. Andrew Hanssen 15. Monetary Policy Rob Roy McGregor 16. Fiscal Policy J. Stephen Ferris 17. Regulatory Policy Amihai Glazer 18. The Public Choice Perspective on Antitrust Law Fred S. McChesney and Katherine M. Larkin-Wong PART V: PUBLIC CHOICE PERSPECTIVES ON THE RELATIONS BETWEEN GOVERNMENT AND THE GOVERNED 19. Rent Seeking Arye L. Hillman 20. Campaign Finance Thomas Stratmann 21. Public Choice and the Law Paul H. Rubin and Joanna M. Shepherd 22. Public Choice and the Modern Welfare State Roger D. Congleton with Alberto Batinti, Feler Bose, Youngshin Kim and Rinaldo Pietrantonio 23. Public Choice and Public Education Lawrence W. Kenny 24. Public Choice and Religion Robert B. Ekelund Jr and Robert D. Tollison 25. Experimental Public Choice Laura Razzolini 26. Evolutionary Public Choice Uwe Cantner and Michael Wohlgemuth PART VI: PUBLIC CHOICE PERSPECTIVES ON THE RELATIONS BETWEEN INTERNATIONAL ACTORS 27. International Organizations Roland Vaubel 28. The Political Economy of War and Peace Christopher J. Coyne and Adam Pellillo 29. Collective Action and (Counter) Terrorism Daniel G. Arce M. References Index

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Book SynopsisForeign Direct Investment in China is one of the most comprehensive studies of FDI in China and provides a remarkable background of information on the evolution of China's FDI policies over the last 30 years. Chunlai Chen presents a compelling and thorough analysis of the leading theoretical explanations of FDI and a series of rigorous empirical examinations of the location determinants of FDI. He provides a comprehensive analysis of the differences in investment and production behavior between the major investors as well as an in-depth investigation of the impacts of FDI on China's economy. This book is a highly focused and unique work of theoretical analysis and empirical study of FDI in China. It is a valuable and important reference for scholars and students who are interested in FDI in general and in Chinese economic studies in particular.Trade ReviewFor readers looking for a comprehensive rigorously quantitative analysis of foreign direct investment (FDI) in China, there is no better work than Chunlai Chen's Foreign Direct Investment in China. In the book he analyzes a wide range of issues ranging from the contribution of FDI to China's growth to why FDI is concentrated in certain Chinese provinces and not others. Readers with an economics or statistical background will get the most out of the book, but it is accessible and informative for many others. - --Dwight H. Perkins, Harvard University, USTable of ContentsContents: Foreword by Christopher Findlay Preface 1. Introduction 2. The Evolution and Main Features of China’s FDI Laws and Policies Part I: Location Determinants 3. Location Determinants of FDI and China’s Performance in Attracting FDI Inflows 4. The Impact of China on FDI Inflows into Other Developing Countries 5. Provincial Characteristics and the FDI Location Decision within China Part II: Investor Differences 6. Composition and Investment Intensity of Source Countries in China 7. FDI in Manufacturing and Comparison of Overseas Chinese Affiliates and Foreign Country Affiliates Part III: Economic Impacts 8. The Contribution of FDI to China’s Economic Growth 9. Spillover Effects of FDI on China’s Domestic Firms’ Productivity 10. Spillover Effects of FDI on China’s Domestic Firms’ Exports 11. Conclusion, Policy Implications and Prospects References Index

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Book SynopsisThis well-documented book analyzes the possibilities and constraints of regulatory cooperation between the EU and the US (particularly California) with a specific focus on environmental protection, food safety and agriculture, biosafety and biodiversity. Transatlantic Regulatory Cooperation features eleven original essays by leading academics of regulation on both sides of the Atlantic. They explore topics such as the impact of federalism on regulatory policies both within the US and Europe, the transatlantic dynamics of water policy, climate change, pesticide and chemical regulation, and biotechnology. A primary focus of this timely study is on the shifting roles of California and the EU as regulatory leaders and ITS impact on future regulatory cooperation across the Atlantic. This informative book will appeal to graduate and postgraduate students, as well as academics and researchers in international relations, business, law and economics who are working on regulatory issues. The policy community which focuses on regulation and transatlantic regulatory relations will also find it an important resource.Trade ReviewIn this increasingly globalised regulatory environment there is a need to better understand how the world s two most active trade-blocks are cooperating especially with regard to pending complicated regulations be it REACH or the proposed revision of US TSCA. In this most timely book, Vogel and Swinnen bring together an outstanding group of scholars to help explain the delicate and important intricacies of present policy debates, making the volume essential reading for policy researchers, regulators and consultants active in the area. Ragnar Lofstedt, King's College London, UK David Vogel and Johan Swinnen have assembled a first-rate book on regulatory cooperation between the US and EU. The case studies provide detailed and nuanced analyses of policy areas from water to climate change and biotechnology, and the concluding chapters offer well-judged and balanced assessments of the regulatory challenges for future transatlantic relations. - Robert Falkner, London School of Economics and Political Science, UK Transatlantic Regulatory Cooperation represents a cutting-edge contribution to the study of economic regulation, and in particular the prospects for cooperation between the US and the EU as the world's dominant economic blocs. The authors, among the leading scholars in their fields, provide theoretically and empirically informed studies of transatlantic cooperation and conflict in areas such as the environment, climate change, food safety, and genetically modified foods, deriving provocative and compelling policy recommendations from each. The discussion of federalism, and the opportunities and constraints it presents for international cooperation, is superb. --- Mark A. Pollack, Temple University, USTable of ContentsContents: Introduction Heddy Riss, Johan F.M. Swinnen and David Vogel PART I: FEDERALISM AND COOPERATION AT THE NATIONAL AND INTERNATIONAL LEVELS 1. Legal Guidelines for Cooperation between the EU and American State Governments Daniel Farber 2. Transatlantic Environmental Regulation-making: Strengthening Cooperation between California and the EU Christina G. Hioureas and Bruce E. Cain 3. California Motor Vehicle Standards and Federalism: Lessons for the EU Ann E. Carlson PART II: ENVIRONMENTAL PROTECTION 4. Rivers of Diversity: Water Regulation in California and the EU Gabrielle Bouleau and Matt Kondolf 5. Reshaping Chemicals Policy on Two Sides of the Atlantic: The Promise of Improved Sustainability through International Collaboration Megan R. Schwarzman and Michael P. Wilson 6. Climate Change Policy in California: Balancing Markets versus Regulation Michael Hanemann and Chris Busch PART III: FOOD SAFETY AND AGRICULTURE 7. US versus EU Biotechnology Regulations and Comparative Advantage: Implications for Future Conflicts and Trade Gal Hochman, Gordon C. Rausser and David Zilberman 8. Circuits of Regulation: Transatlantic Perspectives on Persistent Organic Pollutants and Endocrine Disrupting Chemicals Chris Ansell and Jörg Balsiger 9. How to Get Out of the Transatlantic Regulatory Deadlock Over Genetically Modified Organisms? Alberto Alemanno PART IV: THE POTENTIAL AND LIMITS OF INTERNATIONAL REGULATORY COOPERATION 10. Food Labels and the Environment: Towards Harmonization of EU and US Organic Standards David E. Winickoff and Kendra Klein 11. EU–US Horizontal Regulatory Cooperation: Mutual Recognition of Impact Assessment? Anne C.M. Meuwese PART V: SUMMARY, CONCLUSIONS AND IMPLICATIONS 12. Transatlantic Regulatory Cooperation: Conclusions and Implications Axel Marx and Jan Wouters 13. Lessons Learned and Suggestions for Improving Regulatory Cooperation between California and the EU Ian Clark 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 SynopsisThis essential collection brings together the most important papers covering the wide range of themes within the evolving field of the economics of international migration. The editors have selected seminal papers, published between 2000 and 2011, by leading academics which analyse immigration issues among the major destination countries across the globe. This timely two-volume set, along with an original introduction by the editors, will be of great value to students, academics and practitioners interested in the growing subject of international migration.Trade Review'The economics of immigration literature has grown in the last decade to reflect the complexity of economic issues arising from international migration. This collection is a comprehensive research resource which allows both the student and scholar to keep abreast with traditional topics and emerging economic issues in this field.' -- Don De Voretz, Simon Fraser University, CanadaTable of ContentsContents: Volume I: Immigration: Flows and Adjustment Acknowledgements Introduction Barry R. Chiswick and Paul W. Miller PART I INTERNATIONAL MIGRATION FLOWS 1. Ximena Clark, Timothy J. Hatton and Jeffrey G. Williamson (2007), ‘Explaining U.S. Immigration, 1971–1998’ 2. Timothy J. Hatton (2004), ‘Emigration from the UK, 1870–1913 and 1950–1998’ 3. Timothy J. Hatton and Jeffrey G. Williamson (2002), ‘Out of Africa? Using the Past to Project African Emigration Pressure in the Future’ 4. Cynthia Feliciano (2005), ‘Educational Selectivity in U.S. Immigration: How Do Immigrants Compare to Those Left Behind?’ PART II THE LABOR MARKET ADJUSTMENT OF IMMIGRANTS 5. Joseph Schaafsma and Arthur Sweetman (2001), ‘Immigrant Earnings: Age at Immigration Matters’ 6. Barry R. Chiswick and Paul W. Miller (2002), ‘Immigration Earnings: Language Skills, Linguistic Concentrations and the Business Cycle’ 7. Rachel M. Friedberg (2000), ‘You Cant Take it with You? Immigrant Assimilation and the Portability of Human Capital’ 8. Darren Lubotsky (2007), ‘Chutes or Ladders? A Longitudinal Analysis of Immigrant Earnings’ 9. Denise Doiron and Rochelle Guttmann (2009), ‘Wealth Distributions of Migrant and Australian-born Households’ 10. Barry R. Chiswick and Paul W. Miller (2005), ‘Do Enclaves Matter in Immigrant Adjustment’ 11. Anna Piil Damm (2009), ‘Ethnic Enclaves and Immigrant Labor Market Outcomes: Quasi-Experimental Evidence’ 12. John M. McDowell and Larry D. Singell, Jr. (2000), ‘Productivity of Highly-Skilled Immigrants: Economists in the Postwar Period’ 13. Magnus Lofstrom (2002), ‘Labor Market Assimilation and the Self-Employment Decision of Immigrant Entrepreneurs’ 14. Francine D. Blau, Lawrence M. Kahn, Joan Y. Moriarty and Andre Portela-Souza (2003), ‘The Role of the Family In Immigrants’ Labor-Market Activity: An Evalution of Alternative Explanations: Comment’ 15. Heather Antecol, Peter Kuhn and Stephen J. Trejo (2006), ‘Assimilation via Prices or Quantities? Sources of Immigrant Earnings Growth in Australia, Canada and the United States’ PART III DEMOGRAPHIC ADJUSTMENT OF IMMIGRANTS 16. Heather Antecol and Kelly Bedard (2006), ‘Unhealthy Assimilation: Why do Immigrants Converge to American Health Status Levels?’ 17. Aïda Solé-Auró and Eileen M. Crimmins (2008), ‘Health of Immigrants in European Countries’ 18. Barry R. Chiswick and Christina Houseworth (2011), ’Ethnic Intermarriage Among Immigrants: Human Capital and Assortative Mating’ 19. Xin Meng and Robert G. Gregory (2005), ‘Intermarriage and the Economic Assimilation of Immigrants’ 20. Guillermina Jasso, Douglas S. Massey, Mark R. Rosenzweig and James P. Smith (2000), ‘Assortative Mating Among Married New Legal Immigrants to the United States: Evidence From the New Immigrant Survey Pilot’ 21. Jochen Mayer and Regina T. Riphahn (2000), ‘Fertility Assimilation of Immigrants: Evidence From Count Data Models’ 22. Neeraj Kaushal (2005), ‘New Immigrants’ Location Choices: Magnets Without Welfare’ 23. Jorgen Hansen and Magnus Lofstrom (2003), ‘Immigrant Assimilation and Welfare Participation: Do Immigrants Assimilate Into or Out of Welfare’ 24. Barry R. Chiswick and Noyna DebBurman (2004), ‘Educational Attainment: Analysis by Immigrant Generation’ 25. Carmel U. Chiswick (2009), ‘The Economic Determinants of Ethnic Assimilation’ 26. Amelie F. Constant, Liliya Gataullina and Klaus F.Zimmermann (2009), ‘Ethnosizing Immigrants’ Volume II: Immigration and Language: Impacts and Policy Acknowledgements An Introduction to both volumes by the editors appears in volume I PART I LANGUAGE ADJUSTMENT OF IMMIGRANTS 1. Geoffrey Carliner (2000), ‘The Language Ability of U.S. Immigrants: Assimilation and Cohort Effects’ 2. Barry R. Chiswick and Paul W. Miller (2001), ‘A Model of Destination-Language Acquistion: Application to Male Immigrants in Canada’ 3. Christian Dustmann and Arthur van Soest (2002), ‘Language and the Earnings of Immigrants’ 4. Hoyt Bleakley and Aimee Chin (2004), ‘Language Skills and Earnings: Evidence from Childhood Immigrants’ 5. Barry R. Chiswick, Yew Liang Lee and Paul W. Miller (2005), ‘Parents and Children Talk: English Language Proficiency within Immigrant Families’ PART II IMPACT OF IMMIGRANTS (A) Labor Markets 6. Volker Grossmann and David Stadelmann (2011), ‘Does International Mobility of High-Skilled Workers Aggravate Between-country Inequality’ 7. George Borjas (2003), ‘The Labor Demand Curve is Downward Sloping: Reexamining the Impact of Immigration on the Labor Market’ 8. David Card (2005), ‘Is the New Immigration Really so Bad?’ (B) Prices 9. Patricia Cortes (2008), ‘The Effect of Low-Skilled Immigration on U.S. Prices: Evidence from CPI Data’ 10. Albert Saiz (2007), ‘Immigration and Housing Rents in American Cities’ (C) Other Impacts 11. Peter B. Dixon, Martin Johnson and Maureen T. Rimmer (2011), ‘Economy-Wide Effects of Reducing Illegal Immigrants in U.S. Employment’ 12. George J. Borjas (2006), ‘Native Internal Migration and the Labor Market Impact of Immigration’ 13. Robert W. Fairlie and Bruce D. Meyer (2003), ‘The Effect of Immigration on Native Self-Employment’ 14. Julian R. Betts and Robert W. Fairlie (2003), ‘Does Immigration Induce “Native Flight” From Public Schools into Private Schools?’ 15. Michel Beine, Frederic Docquier and Hillel Rapoport (2008), ‘Brain Drain and Human Capital Formation in Developing Countries: Winners and Losers’ 16. Una Okonkwo Osili (2004), ‘Migrants and Housing Investments: Theory and Evidence from Nigeria’ PART III CITIZENSHIP 17. Michael Jones-Correa (2001), ‘Under Two Flags: Dual Nationality in Latin America and its Consequences for Naturalization in the United States’ 18. Irene Bloemraad (2004), ‘Who Claims Dual Citizenship? The Limits of Postnationalism, the Possibilities of Transnationalism, and the Persistence of Traditional Citizenship’ 19. Francesca Mazzolari (2009), ‘Dual Citizenship Rights: Do They Make More and Richer Citizens?’ PART IV IMMIGRATION POLICY 20. Giovanni Facchini and Anna Maria Mayda (2009), ‘Does the Welfare State Affect Individual Attitudes Towards Immigrants? Evidence Across Countries’ 21. Gordon H. Hanson and Antonio Spilimbergo (2001), ‘Political Economy, Sectoral Shocks, and Border Enforcement’ 22. Heather Antecol, Deborah A. Cobb-Clark and Stephen J. Trejo (2003), ‘Immigration Policy and the Skills of Immigrants to Australia, Canada and the United States’ 23. Barry R. Chiswick, Yew Liang Lee and Paul W. Miller (2006), ‘Immigrants’ Language Skills and Visa Category’ 24. Pia M. Orrenius and Madeline Zavodny (2003), ‘Do Amnesty Programs Reduce Undocumented Immigration? Evidence From IRCA’

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Book SynopsisThis groundbreaking volume offers a comprehensive look at the current state of Iraq's political economy in the aftermath of the US-led overthrow of Saddam Hussein in 2003. Frank R. Gunter describes the unique difficulties facing the modern Iraqi economy and provides detailed recommendations for fostering future economic growth and stability.The book begins with an overview of Iraq's current political, economic, and social status, including discussions of real growth, unemployment, inflation, health, poverty, education, and gender issues. This is followed by a comprehensive look at what the author identifies as the three dominant characteristics of the political economy of Iraq: corruption, political instability, and petroleum. Using these foundational ideas as a springboard, the book then provides a detailed breakdown of the Iraqi economy by sector, as well as discussions of Iraq's fiscal, monetary, and exchange rate policies. The final chapter identifies the major trends that will determine the course of future economic development in Iraq and provides insightful recommendations for encouraging positive economic growth.Offering the most comprehensive and timely discussion of Iraq's economy to date, this critical volume will appeal to students and professors of international studies, political economy, and Middle East studies as well as anyone considering doing business in this rapidly changing economy.Contents: Preface 1. Iraq's Lost Decades 2. Population and Key Macroeconomic Variables 3. Health, Poverty, Education, and Gender Issues 4. Corruption 5. Political Stability and Economic Development 6. Oil and Gas 7. Agriculture and the Public Distribution System 8. Financial Intermediation 9. State-Owned Enterprises 10. Entrepreneurship in Post-Conflict Iraq 11. Infrastructure and Essential Services 12. International Trade and Finance 13. Fiscal, Monetary, and Exchange Rate Policy 14. Iraq in 2025 Bibliography IndexTrade Review"Gunter has written the definitive account in English of the contemporary Iraqi economy. The scope of coverage and degree of detail is matched by clear exposition and thoughtful analysis. Summing up: Essential." - CHOICE: Current Reviews for Academic Libraries, October 2013 (ala.org/acrl/choice)Table of ContentsContents: Preface 1. Iraq’s Lost Decades 2. Population and Key Macroeconomic Variables 3. Health, Poverty, Education, and Gender Issues 4. Corruption 5. Political Stability and Economic Development 6. Oil and Gas 7. Agriculture and the Public Distribution System 8. Financial Intermediation 9. State-owned Enterprises 10. Entrepreneurship in Post-conflict Iraq 11. Infrastructure and Essential Services 12. International Trade and Finance 13. Fiscal, Monetary, and Exchange Rate Policy 14. Iraq in 2025 Bibliography Index

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Book SynopsisThe Politics of British Feminism traces the history of the womens movement from the achievement of suffrage in 1918 to the revival of feminism in the late 1960s. Offering new insights into a neglected period of womens history, Olive Banks seeks to place the womens movement in its wider context while exploring the nature of anti-feminism, as well as feminism, over half a century of turbulent history.Centring on the campaigns fought by different sections of the women’s movement between 1918 and 1970, the book examines in turn autonomous feminist groups, women in the labour movement, and female MPs. The co-operation and conflict between these three groups is explored in detail. The second part examines the campaigns these groups fought, including attempts to secure equal pay, and analyses the reasons for their successes and failures. The unwillingness of the main political parties to sympathize with the goals of the women’s movement is carefully assessed. Providing an authoritative overview of a previously neglected period, The Politics of British Feminism, 1918-1970 will be welcomed by students and teachers of women’s history, as well as interested historians, sociologists and political scientists.Trade Review’It provides a useful overview of a period in the women’s movement which is increasingly attracting interest.’- David Doughan, Fawcett Library Newsletter -- ’This is a very useful guide to the current state of research on British Feminism from 1918 to 1970.’- Harold L. Smith, AlbionTable of ContentsThe feminists; women in the Labour movement and feminism; women in parliament; the ideological context; the political context; the economic context.

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Book SynopsisMicroeconomics, Growth and Political Economy is the first of two volumes which collect together many of Professor Lipsey's writings on economics, some of which are previously unpublished or currently inaccessible. This book contains papers on economic growth and technical change, monetary and value theory, the theory of second best, international trade theory, political economy and methodology. A separate book, On the Foundations of Monopolistic Competition and Economic Geography, contains works on oligopoly and location theory, all coauthored with Curtis Eaton.The book begins with a new autobiographical introduction to the intellectual development, personal achievements and the fields of interest of Richard G. Lipsey and is divided into five parts. The first part considers various aspects of economic growth and technical change taking into account the structuralist view, markets and the globalization of the economy. Part two is concerned with the microeconomic issues of second-best theory and monetary and value theory. The third part looks at trade theory and surveys customs unions and competitiveness. Political economy is considered in the fourth part, which contains essays on topics such as the balance of payments, the survival of the market economy, international liquidity theory and American trade policy. The final part features papers on methodology.Microeconomics, Growth and Political Economy is an essential reference companion to the work of Richard G. Lipsey, one of the most important economists of our generation.Trade Review'Therefore, these four books published by Edward Elgar will be at the reference desks of all good economic libraries. In addition, the book on monopolistic competition and economic geography needs to enter all reading lists on the currently hottest topic in economics.'Table of ContentsContents: Introduction Part I: Growth from a Microeconomic Point of View Part II: Value Theory Part III: International Trade Theory Part IV: Political Economy Part V: Methodology Name Index

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Book SynopsisThis important new book critically examines the argument that structural asymmetries between the rich, industrialised countries of the global 'north' or 'centre' and the poor, largely primary-producing countries of the 'south' or 'periphery' could be responsible for an unequal division of the gains from international trade and investment. It explores this view by developing a model of Centre-Periphery relations using building blocks provided by Sraffa, Leontief, Pasinetti, Goodwin and others.Trade Review'All in all, this is an excellent work on trade, growth and especially international investment with a unified theme.' -- S.M. Murshed, The Economic Journal'This book is an impressive contribution to the literature on North-South models of international economic relations, and their implications for development.' -- Scott MacDonald, The World Economy'The challenge of providing a simple yet illuminating and integrated analysis of trade, development and international capital flows is, clearly, a daunting one. Lynn Mainwaring has nevertheless met that challenge well in this impressive book.' -- Ian Steedman, University of Manchester, UK

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Book SynopsisThis major two volume reference work focuses on the works of contemporary Marxism which take as their inspiration the classical Marxian political economy, especially that of Marx, Engels, Lenin, Luxemburg and Gramsci. The authors reprinted here are engaged in the common enterprise of attempting to understand the world in a manner that might facilitate its transformation for the better, or at least help prevent the worst outcomes from predictable and inevitable changes. Committed to the critical, scientific and explanatory project of Marxism, the authors represented in these volumes tend to be structuralist and determinist but they also acknowledge the role of voluntarism, chance or untheorized circumstance. All have borrowed from the philosophical, political, and most importantly, political economic strands of the classical Marxist legacy to create a new and contemporary Marxian political economy. These authoritative volumes will be an essential reference point for an analysis of one of the most influential political ideologies of the 20th century.Table of ContentsContents: Volume I: Introduction Part I: The Marxist Theory of History of Development' G.A. Cohen (1988), 'Forces and Relations of Production' Immanuel Wallerstein (1974), 'The Rise and Future Demise of the World Capitalists System: Concepts for Comparative Analysis' Robert Brenner (1986), 'The Social Basis of Economic Development' G.A. Cohen (1988), 'Reconsidering Historic Materialism' Alan Carling (1990), 'Marx, Cohen and Brenner: Functionalism Versus Rational Choice in the Marxist Theory of History' Part II: Hegemony and Consent; Jerome Karabel (1976), 'Revolutionary Contradictions: Antonio Gramsci and the Problems of Intellectuals' Joshua Cohen and Joel Rogers (1983), 'Structure' James Scott (1977), 'Hegemony and the Peasantry' Frances Fox Piven (1976), 'The Social Structuring of Political Protest' Part III: The State in History Michael Mann (1977), 'States, Ancient and Modern' Michael Hechter and William Brustein (1980), 'Regional Modes of Production and Patterns of State Formation in Western Europe' Isaac Deutscher (1969), 'Roots of Bureaucracy' Margaret Levi (1981), 'The Predatory Theory of Rule' Part IV: Approaches to Marxism: Culture, Structure and Rational Choice E.P. Thompson (1965), 'The Peculiarities of the English' Erklin Olin Wright (1989), 'What is Analytical Marxism?' Adam Przeworski (1985), 'Marxism and Rational Choice' Volume II: Introduction Part I: Classes and the State in Capitalism Aristide R. Zolberg (1986), 'How Many Exceptionalisms?' David Abraham (1977), 'State and Classes in Weimar Germany' Fred Block (1977), 'The Ruling Class does not Rule: Notes on the Marxist Theory of the State' Guillermo O'Donnell (1978), 'Reflections on the Patterns of Change in the Bureaucratic—Authoritarian State' Part II: Class Conflict in Capitalist Democracies John R. Bowman (1985), 'When Workers Organize Capitalists: The Case of the Bituminous Coal Industry' Claus Offe (1983), 'Competitive Party Democracy and the Keynesian Welfare State: Factors of Stability and Disorganization' Adam Przeworski and Michael Wallerstein (1982), 'The Structure of Class Conflict in Democratic Capitalist Societies' Ira Katznelson (1979), 'Community, Capitalist Development and the Emergence of Class' Part III: Racial and Ethical Conflict Harold Wolpe (1972), 'Capitalism and Cheap Labour-Power in South Africa: From Segregation to Apartheid' Constance Lever-Tray (1983), 'Immigrant Workers and Postwar Capitalism: In Reserve or Core Troops in the Front Line?' William Brustien (1983), 'French Political Regionalism: 1849-1978' Part IV: Gender Conflict Carole Pateman (1988), 'Wives, Slaves, and Wage Slaves' Frances Fox Piven (1985), 'Women and the State: Ideology, Power, and the Welfare State' Ruth Milkman (1982), 'Redfining "Women's Work": The Sexual Division of Labor in the Auto Industry During World War II' Maxine Molyneux (1985), 'Mobilization Without Emancipation? Women's Interests, the State, and Revolution in Nicaragua' Part V: Contemporary Socialism in Eastern Europe Ivan Szelenyi and Bill Martin (1988), 'The Three Waves of New Class Theories' Michael Burawoy (1989), 'Reflections on the Class Consciousness of Hungarian Steelworkers' Michael Burawoy (1990), 'Marxism is Dead, Long Live Marxism!'

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Book SynopsisThis landmark book provides an up-to-date assessment and evaluation of industrial reform in 14 countries. Topics covered in detail include the changing role of the industrial enterprise, the state and private sectors, privatization, pricing, foreign trade and direct foreign investment. Emphasis is placed on events since 1989, the year of 'revolution' in Eastern Europe.Few of the countries are now traditionally 'socialist'. Cuba and North Korea can be so described, economically and politically. China and Vietnam grapple with market-orientated economic reforms while in the firm grip of the Communist Party. Other countries are now at various distances along the road to democracy and the market. These 'emerging democracies' or 'emerging market economies' face new and formidable challenges in making the transition from predominantly state-owned, planned economies to market economies based on private property. East Germany has been reunited with the Federal Republic, but the former industrial sector has been badly hit. The Soviet Union and Yugoslavia, on the other hand, are disintegrating. Their emerging, independent states face daunting tasks; one critical question is whether they can form voluntary and sustainable economic unions.This book provides authoritative up-to-date studies of industrial reform in socialist countries and will be essential reading for anyone with an interest in the transition to market economies in post-Communist societies.Trade Review'. . . the book contains a wealth of information on the current process of industrial restructuring and transformation in the former Centrally Planned Economies (CPEs). The editor is to be congratulated on putting together a highly readable set of essays on these very important problems. It should become required reading for students of the political economy of transformation as well as for the specialists and practitioners dealing with the problems of restructuring in the former CPEs.' -- Igor Filatochev, The World EconomyTable of ContentsContents: 1. Industrial Reform in Historical Perspective (I. Jeffries) 2. Albania: the Purge of Stalinist Ideology (A. Schnytzer) 3. Innovation with an Unchanging Core: No Path to the Market in Bulgaria? (R.J. McIntyre) 4. Industrial Reform in China (R.C. Hsu) 5. Industrial Reform and the Cuban Economy (A. Zimbalist) 6. Industrial Reform in Czechoslovakia (L. Rychetnik) 7. East Germany (I. Jeffries) 8. Hungary (P. Hare) 9. Mongolia (M. Kaser) 10. North Korea (I. Jeffries) 11. Poland (G. Blazyca) 12. The Romanian Enterprise (A.H. Smith) 13. The Soviet Industrial Enterprise in the 1980s (G.E. Schroeder) 14. Industrial Reform in Vietnam (M. Beresford) 15. Reform in Yugoslavia: the Retreat from Self-Management (S. Estrin and L. Takla)

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Book SynopsisIndustry and Society in Europe examines changes in industrial organization in Britain, Germany and France from the perspectives of economic sociology and political economy. This important new textbook presents a systematic, comparative analysis of recent processes of industrial and social change in these societies and assesses the contribution each country will make to the emerging European social and economic entity. Written in an accessible, jargon-free style, the book covers a wide range of highly topical themes, including the finance-industry nexus, corporate restructuring, the impact of globalization, the role of small and medium-sized firms, state - industry relations and new developments in work organization and industrial relations. Introducing a sociological perspective to the study of business and economic life, Christel Lane critically engages with some of the main theories in the field including flexible specialization, regulation theory and the new institutionalism in sociology.Trade Review'This book makes an excellent contribution to the growing body of institutional theory in contemporary organizational analysis which is continuing to exert such a powerful intellectual influence within the field.'Table of ContentsContents: Introduction 1. Theories of Industrial Organization and Change 2. Industrial Development in Historical Perspective 3. The Relations Between Financial and Industrial Capital 4. The Restructuring of Large Firms: Towards neo- or Post-Fordism? 5. Internationalization or Globalization of Large Firms? 6. The Small Business Sector: Source of Economic Generation or Victim of Economic Transformation 7. The Transformation of Industrial Relations 8. Changing Patterns of Production Organization: Towards Neo-or Post-Fordism? 9. Industrial Change and the State: Dis-Engagement of Re-Engagement? Conclusion

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Book SynopsisVolume VII illustrates the administrative aspects that are an on-going component of most economic theory. It demonstrates that before the birth of political economy as a formal discipline, public and private administrators were formulating theories about economic processes as guidelines for administrative decisions. The main theme of this volume revolves around the influence of administrative considerations on the development of economic theory.Trade Review‘Perspectives on the History of Economic Thought presents a careful selection of the most important and original contributions to the annual proceedings of the History of Economics Society. This series is essential to any serious student of the history of economics and to the collection of any University library supporting research in economic thought.' -- The late Mark Blaug, formerly of the University of London and University of Buckingham, UK

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Book SynopsisThis major reference book has been designed to provide a comprehensive coverage of radical political economy. International in scope, The Elgar Companion to Radical Political Economy includes contributions from a very wide range of specialists who discuss topics, ideas and theories in the field. Radical political economy is a term used to encompass a range of different schools of thought. These include post Keynesian, Kaleckian, Marxian, Institutionalist, Sraffian and other approaches to economics which share the common theme of production, rather than the exchange focus of neoclassical and Austrian economics. Their concern with the generation and use of the surplus leads them to an interest in dynamics, income distribution, growth and development, and capital accumulation. With over 100 entries, the companion provides detailed information on a wide range of aspects of radical political economy as well as some important insights into its theoretical underpinning. A special feature of the book is its emphasis upon explaining the positive elements in radical political economy. As the first book of its kind devoted to radical political economy, the companion will be an essential reference source for scholars and students with an interest in the development of economic ideas.Trade Review’These valuable contributions will be very useful to students and nonspecialists wanting a clear introduction to specific topics or a convenient volume to browse to get a feel for a broader area of study. A welcome addition to any library.’

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Book SynopsisThis authoritative and encyclopaedic reference work provides a thorough account of the public choice approach to economics and politics. The Companion breaks new ground by joining together the most important issues in the field in a single comprehensive volume. It contains state-of-the-art discussions of both old and contemporary problems, including new work by the founding fathers as well as contributions by a new generation of younger scholars.The book reviews the literature of public choice, highlighting the common ground between all rational choice approaches to politics. It demonstrates the important impact of public choice on economics, political science, philosophy and sociology. It will be an indispensable source of reference for many years to the ideas, analytical methods and empirical research in the field.The Companion will serve as the standard reference work for all those engaged in the field of public choice and will be essential reading for politicians and policymakers, scholars in political science, public and social choice, as well as graduate students in economics, political science and public administration.Trade Review'. . . this compendium offers a solid introduction into an economic field that is gaining in influence.'Table of ContentsContents: Preface Introduction: Public Choice at the Millennium Part I: Methodology Part II: The Constitutional Framework Part III: Institutions and Mechanisms of Collective Choice Part IV: Public Choice Perspectives on Government and the Economy Part V: The Public Choice Revolution References Index

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Book SynopsisThe theory of monopoly capital is central to any satisfactory analysis of accumulation and stagnation in advanced capitalist economies. This major new book presents in one volume recent discussions of monopoly capitalism to emphasize the centrality and vitality of this tradition in modern political economy.Following the work of Kalecki, Steindl and Baran and Sweezy, a number of leading economists address key issues such as the calculation of the economic surplus, the division of income between labour and capital, oligopoly collusion over output and pricing, the growth of unproductive activity, the degree of monopoly, surplus absorption and stagnation and the history of the present crisis.Trade Review'This excellent little book under review. . . . brings together a number of important contributions and surveys.'Table of ContentsContents: 1. The Monopoly Capital Approach to the Concept of the Economic Surplus (J.B. Davis) 2. Monopoly Capital After 25 Years (P.M. Sweezy) 3. Estimating the Economic Surplus (J.D. Phillips) 4. The Tendency of the Surplus to Rise, 1963–1988 (M. Dawson and J.B. Foster) 5. Re-evaluating the Concept of the Surplus (V.D. Lippit) 6. Stagnation, Growth and Unproductive Activity (A.K. Dutt) 7. In What Sense Does Monopoly Capital Require Monopoly? An Essay on the Contribution of Kalecki and Steindl (T. Mott) 8. The Fund for Social Change (J.R. Stanfield) 9. Economic Surplus and the Market System (L. Fishman) 10. Industrial Integration, East and West: Planning the Market Economy (K. Cowling)

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Book SynopsisThis key reference collection focuses on the international monetary system. It includes seminal contributions on issues such as exchange rate systems, recycling, adjustment mechanisms, debtor-creditor relations, international monetary policy coordination and seigniorage. While focusing on the international system it includes important work on domestic policy making that affects this system.Trade Review'This is a very useful book for students of international relations or of the politics of international monetary affairs.' -- K. Alec Chrystal, The Economic JournalTable of Contents25 articles, dating from 1929 to 1991 Contents: 1. Sources of Conflict in International Monetary Relations 2. Cooperation and Conflict: Lessons of Theory 3. Cooperation and Conflict: Lessons of History 4. Regime Analysis and the Theory of Hegemonic Stability 5. Levels of Analysis: Competing Influences on State Behavior 6. Case Studies of International Monetary Policy

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Book SynopsisThe political economy of international trade and trade policy - at both the domestic and international levels - has spawned a vast literature from both economists and political scientists. This two volume set includes seminal contributions to our understanding of international trade among the advanced industrial countries, between them and the lesser developed countries and between East and West. It includes work on the political economy of trade liberalization, protectionism and sanctions.Trade Review'Overall, the book is a well balanced and comprehensive reference source of studies of interventionist trade policies.' -- Allan Webster, The Economic JournalTable of Contents43 articles, dating from 1941 to 1991 Contents: Volume I: 1. Patterns of Trade and Protection 2. Factoral Theories of Trade Policy 3. Firm and Sectoral Theories of Trade Policy 4. Domestic Institutions and Trade Policy • Volume II: 1. Strategic Trade Policy 2. National Security and International Trade 3. International Trade Conflicts 4. International Institutions 5. Economic Sanctions

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Book SynopsisThis provocative and thoughtful book critically examines the major issues facing Europe today and makes policy proposals for the future.The Future of Europe focuses on the main policy areas where European leaders must take decisions over the coming years. The issues discussed include the EC’s policies for enlargement, greater depth, economic and monetary integration, foreign affairs, defence and citizenship rights. The author, Peter Coffey, offers a considered assessment of the move towards European integration, praising the achievements but also expressing concern about the lack of democratic control in the EC and its inability to co-ordinate its economic, monetary and foreign policies. European union, he argues, must be a selective coming together ‘a Europe a la carte‘ if the rights of the individual are to be reconciled with the necessity of creating a common front in selected critically important areas.Written in an accessible and informative style, this key policy book introduces students, teachers and others to the central economic, social and political issues facing present-day Europe.Trade Review’An excellent and clear analysis of the major issues facing the European Community.’Table of ContentsContents: 1. A Historical Perspective: From Marshall Aid to the Single Market 2. Earlier Attempts at Political Co-operation: Common Foreign and Security Policies 3. Attempts at Forming an Economic and Monetary Union 4. The Record of the Single European Market 5. The Treaty on European Union: Realities and Myths 6. The European Institutions: More or Less Democracy? 7. Enlargement and/or Greater Depth 8. Policies for Eastern Europe 9. Present and Future Economic and Monetary Policies 10. A Common Foreign Policy? 11. The Military Dimension 12. The Social Policy Issue 13. The Rights of Citizens: European Citizenship, Migration and Related Issues 14. Conclusions: What the Future Might Bring

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Book SynopsisThis provocative and thoughtful book critically examines the major issues facing Europe today and makes policy proposals for the future.The Future of Europe focuses on the main policy areas where European leaders must take decisions over the coming years. The issues discussed include the EC’s policies for enlargement, greater depth, economic and monetary integration, foreign affairs, defence and citizenship rights. The author, Peter Coffey, offers a considered assessment of the move towards European integration, praising the achievements but also expressing concern about the lack of democratic control in the EC and its inability to co-ordinate its economic, monetary and foreign policies. European union, he argues, must be a selective coming together ‘a Europe a la carte‘ if the rights of the individual are to be reconciled with the necessity of creating a common front in selected critically important areas.Written in an accessible and informative style, this key policy book introduces students, teachers and others to the central economic, social and political issues facing present-day Europe.Trade Review’An excellent and clear analysis of the major issues facing the European Community.’Table of ContentsContents: 1. A Historical Perspective: From Marshall Aid to the Single Market 2. Earlier Attempts at Political Co-operation: Common Foreign and Security Policies 3. Attempts at Forming an Economic and Monetary Union 4. The Record of the Single European Market 5. The Treaty on European Union: Realities and Myths 6. The European Institutions: More or Less Democracy? 7. Enlargement and/or Greater Depth 8. Policies for Eastern Europe 9. Present and Future Economic and Monetary Policies 10. A Common Foreign Policy? 11. The Military Dimension 12. The Social Policy Issue 13. The Rights of Citizens: European Citizenship, Migration and Related Issues 14. Conclusions: What the Future Might Bring

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Book SynopsisThis important reference collection includes the seminal literature on the political economy of natural resources - broadly defined as not only minerals but also energy sources and agriculture. It includes key articles and papers on the politics of international markets in these resources, the effects of these markets on the world economy and on the domestic political economy as well as the domestic politics of policymaking on international resources.Trade Review'. . . for the economist wishing to take a quick dip into the international politics of what are, after all, widely regarded as important economic problems, this collection is a good place to start.' -- Wilfred Beckerman, The Economic Journal'These volumes provide an excellent reference point for anyone in research or in policymaking dealing with the international agenda.'– Jo Traill Thomson, Environmental PoliticsTable of Contents44 articles, dating from 1971 to 1992 Contents: Volume I: 1. Resource Power: Exporters Against ‘Political Targets’ 2. Resource Power: Exporters Against Importers (Cartels and International Commodity Agreements) 3. Resource Power: Foreign Investors and Host Investment States • Volume II: 1. Resource Scarcity, Conflict and Cooperation: General 2. Resource Scarcity, Conflict and Cooperation: Common Property Resources 3. Resource Scarcity, Conflict and Cooperation: Environmental Damage 4. Excess Supplies, Conflict and Cooperation: Protectionism

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Book SynopsisThese important volumes focus on multinational corporations and present the most important articles seeking to explain the reasons for their appearance, their growth and their effects on both host and home countries and the world economy. They also includes literature addressing the effect of the international political economy on multinationals and their impact on the international systems. Country strategies as well as corporate ones are also included.Trade Review'Over the last quarter of a century the literature on direct foreign investment (DFI) has grown both in volume and sophistication. These two volumes bring together the most influential and enduring pieces in this vast research. . . . The articles included in those two volumes not only provide the theoretical tools for the analysis of these but also serve to remind us of the controversial nature of the operations of the MNC.' -- Mohammed A. Salisu, The Economic JournalTable of Contents37 articles, dating from 1966 to 1991 Contents: 1. Origins of the Study of FDI 2. Theory and Behavior of Multinational Corporations 3. Foreign Direct Investment and the International System 4. Foreign Direct Investment and the Nation State

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Book SynopsisAcclaimed articles which explore eight fundamental concepts in international political economy - including power/hegemony, interdependence, regimes, mercantilism, economic statecraft, development/dependency, and imperialism - are reprinted in this important two volume set. Scholarly debates on the use of these concepts, as well as discussion of their evolution, are also featured.Table of Contents43 articles, dating from 1931 to 1990 Contents: Volume I: 1. Conceptions of International Political Economy 2. Power/Hegemony 3. Interdependence 4. Regimes • Volume II: 1. Mercantilism 2. Economic Statecraft 3. Development/Dependency 4. Imperialism

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Book SynopsisThe International Political Economy and the Developing Countries surveys the major post-war debates on the place of the Third World in the world economy. Beginning with the initial contributions to development economics by such pioneers as W. Arthur Lewis, Paul Prebisch and Hans Singer, the collection surveys the neostructuralist, dependency and world systems approaches that emerged in the 1960s and 1970s, and the neoclassical revival that gained ground in the 1970s.Trade Review'A valuable reference collection of major works in this area . . .'

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Book SynopsisSome of the most important scholarly work in comparative politics has dealt with the domestic political consequences of the increasingly important and volatile international political economy.In this important two volume set, Ronald Rogowski draws together the core contributions from economics, history and political science. The first section presents the major theoretical essays; the second includes historical examples from the ancient, mediaeval and modern world; the third section discusses the implications for economic growth and the last section explores issues in industrial-state economic policy.Trade Review'. . . most of the essays in part two of volume two, and the contributions of Gourevitch will have a broader apppeal to theorists working in the discipline of comparitive politics and international political economy in that they are a series of essays which highlight the capacity for domestic politics to control the influence of international factors on domestic economic outcomes.' -- Rachel Parker, Australian Journal of International Affairs

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Book SynopsisIn The Capitalist Revolution in Eastern Europe, Laszlo Csaba offers an applied economics interpretation of the modernization attempts which followed the collapse of the Soviet empire and of the state socialist experiment. This important book presents a comprehensive overview of empirical and theoretical developments in order to analyse and interpret what common factors or trends are discernible in the transformation process. From 1989 to 1994 a loss of employment and production was recorded in Eastern Europe which exceeded that of the great depression of the 1930s. This book questions why conventional economic doctrines seem to have failed in some countries but have been more successful in others. What - if anything - went wrong with an experiment which involved some of the most prominent economists in the world? Why did shock therapy fail in Russia and why is gradualism reaching its outer most limits in Hungary? In attempting to build a bridge between abstract economic theory and the empirical material available in Eastern Europe, the author adopts a broad framework of analysis making use of data and theories drawn from sociology, history and political science. In developing an analytical framework, and through its application by a single author, this book presents a unique, authoritative perspective on the transformation of Eastern Europe. Students, academic researchers, journalists and policymakers will welcome this decisive assessment of the empirical and theoretical insights resulting from the transformation of Eastern Europe.Trade Review’This book by Laszlo Csaba is an important summary of the comparative economic literature stressing economic policy aspects. Beyond that it also has a theoretical meaning too . . . Its accurate style is not immersed in professional jargon, and this makes it suitable for a wider audience.’Table of ContentsContents: Preface Part I: Setting the Task Part II: The Environment Part III: Salient Features of Systemic Change Part IV: Individual Case Studies Part V: The International Dimension Part VI: Review and Prospects Bibliography Index

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Book SynopsisPopulation ageing has been the subject of much discussion in recent years, often expressed in alarmist language that advocates evasive policy action to avert an imminent demographic crisis. This forward-looking book evaluates the debates surrounding population ageing and offers a more optimistic outlook on its effect on the economy.William Jackson initially considers general theoretical approaches to population ageing, particularly in relation to the rising dependency burden. He then goes on to examine traditional topics such as employment, productivity, pensions and social security, along with less traditional topics such as informal care, within the context of long-run structural changes. The author draws on an extensive range of economic literature and considers neoclassical arguments before analysing the issue from a non-neoclassical economic, social gerontological and sociological perspective. He maintains that conventional economic theory tends to overstate the effects of population ageing on the economy. Thus, he argues that while population ageing is a complex issue requiring some policy adjustments, it is a less acute problem than is suggested in popular and academic discussion.This book will be of great importance to scholars and students with an interest in population economics and the economics of social policy.Trade Review'. . . the new book by William Jackson brings a breath of fresh air . . . One of the main merits of this book is the breadth of issues and areas covered . . . The author draws on extensive literature, and presents a wide range of views, opinions and theories. This makes the book useful for both specialists, who follow closely the field, and for students and those just entering the discipline, who are in need of a text presenting a broad overview of the issues involved in population ageing . . . Overall, this is a thought-provoking book, which offers an alternative view on the economic and social implications of population ageing, and is therefore a valuable addition to the literature on the subject.'Table of ContentsContents: 1. Introduction 2. Ageing and Dependency 3. Population Ageing and Neoclassical Economics 4. Alternative views of Population Ageing 5. Productivity and Employment 6. Pensions and Retirement 7. Health Care and Social Services 8. Informal Economic Activity 9. Conclusion

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Book SynopsisFrom an international perspective the Swedish economy has some unique features and therefore affords a most interesting model for researchers in economic history. The country has experimented with numerous economic strategies including pre-Keynesian policies in the 1930s, active labour market policies and an extensive welfare system. This book covers the most important aspects of the Swedish economy: two brief sections concerning historiography and offering a general background to the subject are followed by a selection of articles on demography, migration, the labour market, agriculture, industrialization, transport, trade, industrial organization, finance and economic policy. The volume brings together a unique and comprehensive collection of the most significant studies on the development of the Swedish economy since 1870. Several of the contributions appear for the first time in English.Table of ContentsContents: Introduction Part I: Historiography Part II: General Part III: Demography Part IV: Migration Part V: Labour Market Part VI: Agriculture Part VII: Industrialization Part VIII: Transportation Part IX: Trade Part X: Industrial Organization Part XI: Money and Banking Part XII: Economic Policy Index

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Book SynopsisJapan and South Korea are two of the most important success stories in recent economic history. Both countries have succeeded in achieving remarkably high growth rates to transform themselves from isolated agricultural societies to major industrial powers.In The Economics of Rapid Growth, Dirk Pilat uses catch-up theory to explain why countries with lower levels of income can use the technology of more advanced economies to foster growth and industrialization. His analysis emphasizes the importance of pre-existing education levels, financial and commercial institutions and infrastructure to explain the rapid economic growth of Japan and Korea. A growth accounting framework is used to show the contribution of capital, labour and land to the rapid economic growth from the early 1950s. This growth is put in an international perspective by detailed sectoral productivity comparisons which include discussion of some of the measurement problems implicit in international comparisons. The final parts of the book look at the links between productivity and competitiveness, as well as the role of trade policy and exports in productivity growth.This acclaimed book will be widely read by researchers, students and policymakers concerned with growth, development and the emergence of two of the most powerful economies in the modern world.Trade Review'An excellent study of Japanese and Korean economic performances during this century, analysing how and how far they have turned themselves into major industrial powers.' -- Aslib Book Guide'. . . a first rate piece of work, carefully done, full of illuminating details, and offering a rich body of materials for others to work with. . . ' -- William J. Baumol, New York University and Princeton University, US'A meticulous and authoritative study of Japanese and Korean economic performances in the twentieth century. A penetrating analysis of how and how far they have caught up with Western economies.' -- Angus Maddison, University of Groningen, The Netherlands'Highly recommended for all serious students of East Asian economies. Upper-division undergraduate through faculty.' -- K.B. Lee, Choice'Annex tables, which run to nearly a quarter of the book, should prove very useful to future researchers. In this regard, the author should be given credit. . .' -- Man-Seop Park, The Manchester School'. . . well written and presented with a helpful bibliography. . . . a substantial addition to our understanding of catch-up and the basis for further research on Japan and Korea.' -- W.J. MacPherson, Asia Pacific Business Review'The monograph under review is a painstaking and through piece of research. It is addressed towards academic economists interested in economic growth. Economist interested in the endogenous growth theory will find this monograph particularly useful.' -- Dipak Ghosh, Science, Technology & DevelopmentTable of ContentsThe Japanese economy in historical perspective; Korean economic history; explaining Japanese growth; analyzing Korean economic development; Japanese productivity levels; Korean productivity performance; international comparisons of productivity levels; productivity and competitive performance; the economics of rapid growth.

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Book SynopsisThese two volumes bring together key readings in the political economy of the mass media and analyse and explain the role of the media in modern society. Covering a wide spectrum of articles on media and communications over a broad period of time, the collection includes discussion on the political economy approach to communications, the capitalist enterprise and creation of communications, ideology, and protecting the common good in the management and regulation of communications and the media.The Political Economy of the Media includes official documents, otherwise accessible articles as well as carefully selected extracts from key commentators and seminal thinkers in the field, including among others, Nicholas Garnham, Herbert I. Schiller, Dallas W. Smythe, Francis Williams, Harold Evans, Ben H. Bagdikian, Upton Sinclair, Jurgen Habermas, Edward S. Herman and Peter Jay.Trade Review'I personally applaud their attempts to embed an anthology within a series of critical and pedagogic stages which prepare students for how to engage with, or at least talk about, the pieces.' -- The LecturerTable of ContentsContents: Volume I: Acknowledgements Introduction Part I: Defining Political Economy Part II: Communications, Ideology and Capitalism Part III: Communication and the Global Order Part IV: Communications and Capital Enterprise Name Index • Volume II: Acknowledgements Part I: Private Interest to Common Goods Part II: Public Broadcasting and the Public Interest Part III: Policing the Public Interest Part IV: Institutionalising Diversity Name Index

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Book SynopsisThis collection of important previously published articles reflects the vigorous implementation of privatization in Europe and the deregulation in the United States over the last quarter century. The evolution of the movements is described, both intellectually and politically. Deregulation and privatization are bound together by the economic, political and intellectual underpinnings that gave rise to their implementation. The editors have written a new introduction to accompany the volume.Table of ContentsPART I THE EVOLVING INTELLECTUAL HERITAGE A THEORIES OF GOVERNMENT FAILURE, PROPERTY RIGHTS AND PRIVATIZATION 1. Louis De Alessi (1980), ‘The Economics of Property Rights: A Review of the Evidence’ 2. William A. Niskanen (1975), ‘Bureaucrats and Politicians’ 3. David E.M. Sappington and Joseph E. Stiglitz (1987), ‘Privatization, Information and Incentives’ 4. Carl Shapiro and Robert D. Willig (1990), ‘Economic Rationales for the Scope of Privatization’ in Ezra N Suleiman and John Waterbury (eds) B THEORIES OF REGULATION AND THE DEREGULATION MOVEMENT 5. Harvey Averch and Leland L. Johnson (1962), ‘Behavior of the Firm under Regulatory Constraint’ 6. George J. Stigler (1971), ‘The Theory of Economic Regulation’ 7. Sam Peltzman (1989), ‘The Economic Theory of Regulation after a Decade of Deregulation’ 8. Richard E .Caves (1976), ‘The Kennedy Subcommittee’s Civil Aeronautics Board Practices and Procedures’ C THE THEORY OF CONTESTABLE MARKETS AND DEREGULATION 9. Gerald R. Faulhaber (1975), ‘Cross-Subsidization: Pricing in Public Enterprises’ 10. William J. Baumol, Elizabeth E Bailey and Robert D Willig (1977), ‘Weak Invisible Hand Theorems on the Sustainability of Multiproduct Natural Monopoly’ 11. Michael Spence (1983), ‘Contestable Markets and the Theory of Industry Structure: A Review Article’ 12. Elizabeth E. Bailey (1981), ‘Contestability and the Design of Regulatory and Antitrust Policy’ 13. Alfred E. Kahn (1979), ‘Applications of Economics to an Imperfect World’ PART II PRIVATIZATION: THEORY AND PRACTICE A A MIXED WORLD OF PRIVATIZATION AND REGULATION 14. George Yarrow (1986), ‘Privatization in Theory and Practice’; also ‘Discussion’ by Mervyn King, Jacques Mairesse and Jacques Melitz 15. M. E.Beesley and S. C. Littlechild (1989), ‘The Regulation of Privatized Monopolies in the United Kingdom’ 16. Dieter Bos (1993), ‘Privatization in Europe: A Comparison of Approaches’ 17. Janet Rothenberg Pack (1991), ‘The Opportunities and Constraints of Privatization’ B COMPARING EFFICIENCY OF PRIVATE AND PUBLIC FIRMS 18. Douglas W. Caves and Laurits R. Christensen (1980), ‘The Relative Efficiency of Public and Private Firms in a Competitive Environment: The Case of Canadian Railroads’ 19. Scott E. Atkinson and Robert Halvorsen (1986), ‘The Relative Efficiency of Public and Private Firms in a Regulated Environment: The Case of U. S. Electric Utilities’ 20. David G. Davies (1971), ‘The Efficiency of Public versus Private Firms The Case of Australia’s Two Airlines’ 21. Anthony E.Boardman and Aidan R.Vining (1989), ‘Ownership and Performance in Competitive Environments: A Comparison of the Performance of Private, Mixed and State-owned Enterprises’ PART III FEATURES OF THE DEREGULATED MARKETPLACE 22. Gregg A. Jarrell (1984), ‘Change at the Exchange: The Causes and Effects of Deregulation’ 23. Severin Borenstein (1992), ‘The Evolution of U.S. Airline Competition’ 24. Ann F. Friedlaender (1992), ‘Coal Rates and Revenue Adequacy in a Quasi-Regulated Rail Industry’ 25. Clifford Winston (1993), ‘Economic Deregulation: Days of Reckoning for Microeconomists’ 26. Jerry Hausman, Timothy Tardiff and Alexander Belinfante (1993), ‘The Effects of the Breakup of AT&T on Telephone Penetration in the United States’ 27. William E. Taylor and Lester D. Taylor (1993), ‘Postdivestiture Long-Distance Competition in the United States’ 28. Ronald R. Braeutigam and John C. Panzar (1993), ‘Effects of the Change from Rate-of-Return to Price-Cap Regulation’

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