Welfare economics Books

Book SynopsisThere is a clear trend in rich countries that, despite rising incomes and living standards, the gap between rich and poor is widening. What does this mean for our health? Does increasing income inequality affect outcomes such as obesity, life expectancy and subjective well-being? Are rich and poor groups affected in the same ways? This book reviews the latest research on the relationship between inequality and health, and provides a pedagogical introduction to the tools and knowledge needed to understand and assess the vast literature on the subject. The book includes discussion of the definitions and measurement of objective and subjective health and income inequality, and illustrates how various measures have been developed in different countries. Main conclusions from the literature are then summarized and discussed critically. It incorporates a substantial research overview of the field, as well as a detailed debate of the empirical challenges that arise during research. The book concludes that results are surprisingly contradictory, but that several studies have found that higher inequality is directly linked to lower subjective well-being.Students and scholars in public health, social work, economics, and sociology will find this book an essential exposition of conceptual issues and empirical methods applied to the controversial topic of the health consequences of inequality.Trade Review'With this book Bergh, Nilsson and Waldenstrom bring a nuanced contribution to a research field torn by controversies and heated polemics. In a clear and pedagogical manner the authors sift through the research and weigh the evidence. It should be essential reading for anyone interested in the relationship between income inequalities and health.' --Stefan Fors, Karolinska Institutet and Stockholm University, Sweden'A terrific analysis of one of the big questions in social science. This engaging book distils the wisdom of hundreds of academic studies, while doing justice to the complexity of the issues.' --Andrew Leigh, Economist and Australian ParliamentarianTable of ContentsContents: 1. Introduction 2. Measuring Health 3. Measuring Inequality 4. How Can Economic Inequality Influence Health? 5. Correlation Or Causality? Interpreting Scatter Plots And Regressions 6. The Ecological Fallacy: What Conclusions Can Be Drawn From Group Averages? 7. Income Inequality And Health: What Does The Literature Tell Us? 8. Searching For The Inequality Effect: What Tools Are Appropriate? 9. Conclusion Index

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Book SynopsisLegitimized by the arguments of efficiency gains, public housing, pensions, unemployment insurance and health care are all being gradually privatized. In many countries, even the state's 'night-watchmen' role of providing security is offered by private prisons and security guards. In the face of these and other developments, this book argues that on the basis of efficiency, morality and equality there is still an overwhelming need for public intervention - the res publica. Public or Private Goods? brings together leading scholars from various disciplines including economics, sociology, political science, geography and spatial planning. The book explores core public tasks that the state has traditionally provided but which are increasingly privatized and subsumed into the private sector. For example, although the state still funds and regulates core domains, it provides fewer and fewer visible goods. The authors show how this apparent invisibility of the state presents serious challenges for both income equality and democracy. This thoughtful interdisciplinary book will appeal to advanced students and academics in political science, public sector economics and public finance. It will also provide stimulating reading for politicians, policymakers and anyone interested in the provision of public services.Contributors include: F. Blank, G. Bonvissuto, J. Ferwerda, M. Getzner, G. Gutheil-Knopp-Kirchwald, J. Kadi, T. Knijn, I. Koetsier, J. Lewis, B. Unger, D. van der Linde, K. van Egmond, F. van WaardenTrade Review‘The editors have gathered an impressive multidisciplinary team of authors, which mirrors Egons Matzner's socio-economic and interdisciplinary approach to public finance: The authors are academics from economics, sociology, political science, geography and spatial planning. . . The contributions in this book form an indispensable starting point for all those who want to deal with questions of public goods and the common good in a fundamental and modern non-neoclassical way.' -- European Journal of Economics and Economic Policies: InterventionTable of ContentsContents: Foreword 1. Introduction Brigitte Unger, Loek Groot and Daan van der Linde 2. Value Based Demarcation Between the Public and the Private Domain Klaas van Egmond Part I Traditional Core Tasks of the State: Security 3. The Fight against Money Laundering: A Public Task? Joras Ferwerda 4. Natural Disasters and (Future) Government Debt Ian Koetsier Part II New Core Tasks: Social Security 5. The Advantages and Disadvantages of Different Pension System Designs Ian Koetsier 6. Pension Provision: (Still) a Public Task? Florian Blank 7. Protection Against Unemployment – A Res Publica? Brigitte Unger 8. More Health Care or More Beer? A Curious Paradox of Making Some Economic Tasks a Res Publica Frans van Waarden 9. ECEC: Childcare Markets in the Netherlands and England Trudie Knijn and Jane Lewis Part III Public Goods 10. Housing Policy and Spatial Inequality: Recent Insights from Vienna and Amsterdam Gerlinde Gutheil-Knopp-Kirchwald and Justin Kadi 11. Funding of Protected Areas: A Purely Public Task? Grazia Withalm 12. The Role of Governments in Conserving and Funding Cultural Institutions Michael Getzner 13. Income Distribution as a Public Task: The Redistributive Preferences of (Mis)informed Voters Daan van der Linde 14. Conclusions Brigitte Unger, Michael Getzner and Daan van der Linde Index

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Book SynopsisThe papers in Measurement of Poverty, Deprivation, and Social Exclusion represent the most current research on poverty, deprivation, and income mobility. They illustrate the multidimensionality of poverty that is difficult to capture in any one measure. The volume presents state-of-the-art research that is relevant to poverty academics globally. The papers use a variety of methods that measure the persistence of poverty over time and cover numerous countries and circumstances. A selection of papers focus on single countries while others include comparisons of countries. The volume begins with a set of papers that examine particular groups that are most vulnerable to poverty and deprivation in a variety of places. These include measuring the persistence of poverty of immigrant children in Scandinavian countries. Finally the volume concludes with papers that analyze the relationships of two or more measures together to further elucidate what we know if we have only one measure of poverty.Table of ContentsPoverty Profiles and Well-Being: Panel Evidence from Germany. Once Poor, Always Poor? Do Initial Conditions Matter? Evidence from the ECHP. Factors Associated with Poverty and Indigence Mobility in Five Latin American Countries. The Contribution of Income Mobility to Economic Insecurity in the US and Spain during the Great Recession. The Role of Skills in Understanding Low Income in Canada. Immigrant Child Poverty – The Achilles Heel of the Scandinavian Welfare State. Rural Poverty and Ethnicity in China. Static and Dynamic Disparities between Monetary and Multidimensional Poverty Measurement: Evidence from Vietnam. Hardship, Debt, and Income-Based Poverty Measures in the USA. Modeling the Joint Distribution of Income and Wealth. About the Editors. Copyright page. Measurement of Poverty, Deprivation, and Economic Mobility. Introduction. List of Contributors. Research on Economic Inequality. Measurement of Poverty, Deprivation, and Economic Mobility. About the Authors.

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Book SynopsisThe essays in this series offer fresh theoretical and methodological insights into the key issues in the field of economic inequality. The content is comprised of highly topical subject matter with key researchers in the field contributing.Trade ReviewEditors Bishop and Rodriguez present readers with a collection of papers selected from research presented at the sixth ECINEQ meeting, held in Luxembourg in 2015. The selections that make up the main body of the text are devoted to reference groups and the poverty line; the vulnerable and the poor; the effects of reducing inequality in household education, health, and access to credit on pro-poor growth, and other related subjects. John A. Bishop is a faculty member of East Carolina University in North Carolina. Juan Gabriel Rodriguez is a faculty member of the Universidad Complutense de Madrid in Spain. -- Annotation ©2017 * (protoview.com) *Table of ContentsIntroduction Reference groups and the poverty line: an axiomatic approach with an empirical illustration - Satya R. Chakravarty, Nachiketa Chattopadhyay, Joseph Deutsch, Zoya Nissanov and Jacques Silber The Vulnerable Are Not (Necessarily) The Poor - Sanghamitra Bandyopadhyay Effects Of Reducing Inequality In Household Education, Health And Access To Credit On Pro-Poor Growth: Evidence From Cameroon - Boniface Ngah Epo and Francis Menjo Baye Labor Market Policies, Informal Labor Markets, And Wage Dispersion - Claudia Trentini The Formal/Informal Employment Earnings Gap: Evidence From Turkey - Aysit Tansel and Elif Oznur Acar The Role Of Minimum Wage And Income Transfer Policies On The Labour Market: The Case Of Argentina - Fernando Groisman Performance And Inequality In Health: A Comparison Of Child And Maternal Health Across Asia - Bénédicte H. Apouey and Jacques Silber Parental Incarceration And Social Exclusion: Long-Term Implications For The Health And Well-Being Of Vulnerable Children In The United States - Rosalyn D. Lee, Xiangming Fang and Feijun Luo Can a concern for status reconcile diverse social welfare programs? - Oded Stark and Marcin Jakubek How Individuals' Perceptions Of Inequality May Affect Their Perceptions Of Corruption: A Challenge To New Democracies - Matthew Loveless Tax Evasion And Underground Inequality: A Parametric Analysis - Roberto Fantozzi Macroeconomic Determinants Of Inequality Of Opportunity In The United States: 1970 2009 - Gustavo A. Marrero and Juan Gabriel Rodríguez Occupational Choice And Earnings Mobility In The Work Life Empirical Evidence From Europe And The United States - Veronika V. Eberharter Relative Income Distribution In Six European Countries - Ilaria Petrarca and Roberto Ricciuti

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Book SynopsisThe powerful theorems of welfare economics operate under a range of assumptions. Two of the most significant are the existence of competitive markets for all goods and services - including futures markets - and the unbounded rationality of all economic agents who act independently to maximize payoffs. In the contributions discussed in this research review, economists come to grips with the consequences of markets falling short of assumptions, as well as the response of institutions to observed market characteristics. This comprehensive study will be of interest to economists and policymakers who wish to understand the strengths and limitations of the market mechanism of resource allocation. Table of ContentsContents: Volume I Introduction Stephen Martin PART I PRECURSORS 1. Jacob Viner (1927), ‘Adam Smith and Laissez Faire’, Journal of Political Economy, 35 (2), April, 198–232 2. John Stuart Mill ([1909] 1976), ‘Of the Grounds and Limits of the Laisser-Faire or Non-Interference Principle’, in Principles of Political Economy: With Some of Their Applications to Social Philosophy, edited with an Introduction by Sir William Ashley, 2nd edn, Book V, Chapter XI, Fairfield, NJ, USA: Augustus M. Kelley Publishers, 941–79, appendices 3. J. E. Cairnes (1873), ‘Political Economy and Laissez-Faire’, in Essays in Political Economy: Theoretical and Applied, Chapter VII, London, UK: Macmillan and Co., 232–64 4. Henry Sidgwick ([1901] 1969), ‘The System of Natural Liberty Considered in Relation to Production’ and ‘The Relations of Government to Industry’, in The Principles of Political Economy, 3rd edn, Book III, Chapter II and Chapter III, London, UK and New York, NY, USA: Macmillan and Co., 399–436 5. A. C. Pigou (1920), ‘Divergences between Marginal Social Net Product and Marginal Trade Net Product’, in The Economics of Welfare, Part II, Chapter VI, London, UK: Macmillan and Co., 149–79 6. John Maynard Keynes ([1931] 1972), ‘The End of Laissez-Faire’, in The Collected Writings of John Maynard Keynes: Volume IX, Essays in Persuasion, Part IV, Chapter 2, London and Basingstoke, UK: Macmillan St. Martin’s Press for the Royal Economic Society, 272–94 7. Howard S. Ellis and William Fellner (1943), ‘External Economies and Diseconomies’, American Economic Review, XXXIII (3), September, 493–511 8. Lionel Robbins ([1952] 1965), 'The Economic Functions of the State', in The Theory of Economic Policy in English Classical Political Economy, reprint edn, Lecture II, London, UK: Macmillan and Co., 34–67 9. E. J. Mishan (1971), ‘The Postwar Literature on Externalities: An Interpretive Essay’, Journal of Economic Literature, 9 (1), March, 1–28 [28] PART II IDEAL MARKETS 10. Kenneth J. Arrow (1974), ‘General Economic Equilibrium: Purpose, Analytic Techniques, Collective Choice’, American Economic Review, 64 (3), June, 253–72 11. Alan Kirman (2011), ‘Introduction’, in Complex Economics: Individual and Collective Rationality, Chapter 1, Abingdon, UK and New York, NY, USA: Routledge, 1–34, references PART III MARKET FAILURE 12. Francis M. Bator (1958), ‘The Anatomy of Market Failure’, Quarterly Journal of Economics, 72 (3), August, 351–79 13. Kenneth J. Arrow (1969), ‘The Organization of Economic Activity: Issues Pertinent to the Choice of Market versus Nonmarket Allocation’, in The Analysis and Evaluation of Public Expenditures: The PBB System: A Compendium of Papers Submitted to the Subcommittee on Economy in Government of the Joint Economic Committee, Congress of the United States, Volume I, 91st Congress: 1st Session, Washington, DC, USA: United States Government Printing Office, 47–64 14. David M. Newbery (1989), ‘Missing Markets: Consequences and Remedies’, in Frank Hahn (ed.), The Economics of Missing Markets, Information, and Games, Part III, Chapter 10, New York, NY, USA: Oxford University Press, 211–42 PART IV SOURCES OF MARKET FAILURE A. Externalities 15. R. H. Coase (1960), ‘The Problem of Social Cost’, Journal of Law and Economics, III, October, 1–44 16. Deirdre McCloskey (1998), ‘The So-Called Coase Theorem’, Eastern Economic Journal, 24 (3), Summer, 367–71 17. Robert Cooter (1982), ‘The Cost of Coase’, Journal of Legal Studies, XI (1), January, 1–33 18. James M. Buchanan (1986), ‘Rights, Efficiency, and Exchange: The Irrelevance of Transactions Cost’, in Liberty, Market and State: Political Economy in the 1980s, Part Two, Chapter 10, New York, NY, USA: New York University Press, 92–107 B. Fables – or Not: Bees 19. J. E. Meade (1952), ‘External Economies and Diseconomies in a Competitive Situation’, Economic Journal, 62 (245), March, 54–67 20. Steven N. S. Cheung (1973), ‘The Fable of the Bees: An Economic Investigation’, Journal of Law and Economics, 16 (1), April, 11–33 21. David B. Johnson (1973), ‘Meade, Bees, and Externalities’, Journal of Law and Economics, 16 (1), April, 35–52 C. Fables – or Not: Lighthouses 22. Paul A. Samuelson (1964), ‘Economic Role of Government’, ‘Social and Private Wants: Extreme Laissez Faire’, ‘Social Wants in Real Life’ and ‘Appendix: External Economies and Diseconomies’, in Economics: An Introductory Analysis, 6th edn, excerpts from Chapter 3, Chapter 8 and Chapter 22, New York, NY, USA: McGraw-Hill Book Company, 44–45, 157–60, 465–66 23. R. H. Coase (1974), ‘The Lighthouse in Economics’, Journal of Law and Economics, 17 (2), October, 357–76 24. David E. Van Zandt (1993), ‘The Lessons of the Lighthouse: “Government” or “Private” Provision of Goods’, Journal of Legal Studies, XXII (1), January, 47–72 25. Victor P. Goldberg (1981), ‘Pigou on Complex Contracts and Welfare Economics’, in Richard O. Zerbe, Jr. (ed.), Research in Law and Economics: Volume 3, Greenwich, CT, USA and London, UK: JAI Press, 39–51 Volume II Acknowledgements Introduction An introduction to all three volumes by the editor appears in Volume I PART I PUBLIC GOODS 1. Paul A. Samuelson (1954), ‘The Pure Theory of Public Expenditure’, Review of Economics and Statistics, 36 (4), November, 387–89 2. Paul A. Samuelson (1955), ‘Diagrammatic Exposition of a Theory of Public Expenditure’, Review of Economics and Statistics, 37 (4), November, 350–56 3. Kenneth J. Arrow and Robert C. Lind (1970), ‘Uncertainty and the Evaluation of Public Investment Decisions’, American Economic Review, 60 (3), June, 364–78 PART II INFORMATION 4. F. A. Hayek (1945), ‘The Use of Knowledge in Society’, American Economic Review, XXXV (4), September, 519–30 5. George A. Akerlof (1970), ‘The Market for “Lemons”: Quality Uncertainty and the Market Mechanism’, Quarterly Journal of Economics, 84 (3), August, 488–500 6. Kenneth J. Arrow (1974), ‘Limited Knowledge and Economic Analysis’, American Economic Review, 64 (1), March, 1–10 7. Bruce C. Greenwald and Joseph E. Stiglitz (1986), ‘Externalities in Economies with Imperfect Information and Incomplete Markets’, Quarterly Journal of Economics, 101 (2), May, 229–64 8. Joseph Farrell (1987), ‘Information and the Coase Theorem’, Journal of Economic Perspectives, 1 (2), Fall, 113–29 PART III IMPERFECT COMPETITION AND REGULATION 9. Nicholas Kaldor (1935), ‘Market Imperfection and Excess Capacity’, Economica, 2 (5), February, 33–50 10. Donald H. Wallace (1936), ‘Monopolistic Competition and Public Policy’, American Economic Review: Papers and Proceedings, 26 (1), March, 77–87 11. Michael Spence (1976), ‘Product Selection, Fixed Costs, and Monopolistic Competition’, Review of Economic Studies, 43 (2), June, 217–35 12. N. Gregory Mankiw and Michael D. Whinston (1986), ‘Free Entry and Social Inefficiency’, RAND Journal of Economics, 17 (1), Spring, 48–58 13. Tibor Scitovsky (1950), ‘Ignorance as a Source of Oligopoly Power’, American Economic Review: Papers and Proceedings, 40 (2), May, 48–53 14. Gordon Tullock (1967), ‘The Welfare Costs of Tariffs, Monopolies, and Theft’, Western Economic Journal, 5 (3), June, 224–32 15. Henry C. Simons (1936), ‘The Requisites of Free Competition’, American Economic Review: Papers and Proceedings, 26 (1), March, 68–76 16. William Mark Crain and Robert B. Ekelund, Jr. (1976), ‘Chadwick and Demsetz on Competition and Regulation’, Journal of Law and Economics, 19 (1), April, 149–62 17. Oliver E. Williamson (1976), ‘Franchise Bidding for Natural Monopolies – in General and with Respect to CATV’, Bell Journal of Economics, 7 (1), Spring, 73–104 18. Martin K. Perry (1984), ‘Scale Economies, Imperfect Competition, and Public Policy’, Journal of Industrial Economics, XXXII (3), March, 313–33 19. David E. M. Sappington and Joseph E. Stiglitz (1987), ‘Information and Regulation’, in Elizabeth E. Bailey (ed.), Public Regulation: New Perspectives on Institutions and Policies, Part I, Chapter 1, Cambridge, MA, USA and London, UK: MIT Press, 3–43 20. Joseph Stiglitz (2009), ‘Regulation and Failure’, in David Moss and John Cisternino (eds), New Perspectives on Regulation, Chapter I, Cambridge, MA, USA: The Tobin Project, 11–23 PART IV INSTANCES OF MARKET FAILURE: THE COMMONS 21. H. Scott Gordon (1954), ‘The Economic Theory of a Common-Property Resource: The Fishery’, Journal of Political Economy, 62 (2), April, 124–42 22. Mancur Olson (1965), ‘A Theory of Groups and Organizations’, in The Logic of Collective Action: Public Goods and the Theory of Groups, Chapter I, Cambridge, MA, USA and London, UK: Harvard University Press, 5–52 23. Elinor Ostrom (2000), ‘Collective Action and the Evolution of Social Norms’, Journal of Economic Perspectives, 14 (3), Summer, 137–58 PART V INSTANCES OF MARKET FAILURE: THE ENVIRONMENT 24. Allen V. Kneese and Ralph C. d’Arge (1969), ‘Pervasive External Costs and the Response of Society’, in The Analysis and Evaluation of Public Expenditures: The PPB System: A Compendium of Papers Submitted to the Subcommittee on Economy in Government of the Joint Economic Committee Congress of the United States, Volume I, 91st Congress: 1st Session, Washington, D.C., USA: United States Government Printing Office, 87–115 25. William D. Nordhaus (1973), ‘The Allocation of Energy Resources’, Brookings Papers on Economic Activity, 3, 529–76 26. Robert M. Solow (1974), ‘The Economics of Resources or the Resources of Economics’, American Economic Review: Papers and Proceedings, 64 (2), May, 1–14 27. A. Michael Spence (1974), ‘Blue Whales and Applied Control Theory’, in Hans Werner Gottinger (ed.), Systems Approaches and Environmental Problems, Göttingen, Germany: Vandenhoeck and Ruprecht, 97–127 28. Paul A. Samuelson (1976), ‘Economics of Forestry in an Evolving Society’, Economic Inquiry, XIV (4), December, 466–92 29. Martin L. Weitzman (2013), ‘Tail-Hedge Discounting and the Social Cost of Carbon’, Journal of Economic Literature, 51 (3), September, 873–82 30. Steven G. Medema (2014), ‘The Curious Treatment of the Coase Theorem in the Environmental Economics Literature, 1960–1979’, Review of Environmental Economics and Policy, 8 (1), Winter, 39–57 PART VI INSTANCES OF MARKET FAILURE: INNOVATION 31. Kenneth J. Arrow (1962), ‘Economic Welfare and the Allocation of Resources for Invention’, in Universities-National Bureau Committee for Economic Research and Committee on Economic Growth of the Social Science Research Council (eds), The Rate and Direction of Inventive Activity: Economic and Social Factors, Part VI, Princeton, NJ, USA: Princeton University Press and New York, NY, USA: National Bureau of Economic Research, 609–26 32. Robert Van Horn and Matthias Klaes (2011), ‘Chicago Neoliberalism versus Cowles Planning: Perspectives on Patents and Public Goods in Cold War Economic Thought’, Journal of the History of the Behavioral Sciences, Special Issue: The Human Sciences and Cold War America, 47 (3), Summer, 302–21 33. Stephen Martin and John T. Scott (2000), ‘The Nature of Innovation Market Failure and the Design of Public Support for Private Innovation’, Research Policy, 29 (4–5), April, 437–47 34. Bronwyn H. Hall, Albert N. Link and John T. Scott (2003), ‘Universities as Research Partners’, Review of Economics and Statistics, 85 (2), May, 485–91 PART VII INSTANCES OF MARKET FAILURE: OTHER A. Health Care 35. Kenneth J. Arrow (1963), ‘Uncertainty and the Welfare Economics of Medical Care’, American Economic Review, LIII (5), December, 941–73 B. Insurance 36. Michael Rothschild and Joseph Stiglitz (1976), ‘Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information’, Quarterly Journal of Economics, 90 (4), November, 629–49 C. Financial Markets 37. Joseph E. Stiglitz (1994), ‘The Role of the State in Financial Markets’, in Michael Bruno and Boris Pleskovic (eds), Proceedings of the World Bank Annual Conference on Development Economics 1993: Supplement to The World Bank Economic Review and The World Bank Research Observer, Washington, D.C., USA: International Bank for Reconstruction and Development and The World Bank, 19–52 38. Richard A. Posner (2009), ‘The Underlying Causes’, in A Failure of Capitalism: The Crisis of ’08 and the Descent into Depression, Chapter 3, Cambridge, MA, USA and London, UK: Harvard University Press, 75–116 Index [ILCWE: Market Failure: Volume III - Stephen Martin 29.01.2019] Contents ------------------------------------------------------------------------------------------------------------------------ Acknowledgements Introduction An introduction to all three volumes by the editor appears in Volume I PART I COPING MECHANISMS: THE FIRM [354 pp] 1. R. H. Coase (1937), ‘The Nature of the Firm’, Economica, 4 (16), November, 386–405 [20] 2. Steven N. S. Cheung (1983), ‘The Contractual Nature of the Firm’, Journal of Law and Economics, XXVI (1), April, 1–21 [21] 3. Oliver E. Williamson (1971), ‘The Vertical Integration of Production: Market Failure Considerations’, American Economic Review: Papers and Proceedings, 61 (2), May, 112–23 [12] 4. Alfred D. Chandler, Jr. (1977), ‘Introduction: The Visible Hand’, in The Visible Hand: The Managerial Revolution in American Business, Cambridge, MA, USA and London, UK: Belknap Press of Harvard University Press, 1–12, notes [12] 5. R. H. Coase (1988), ‘The Nature of the Firm: Meaning’, Journal of Law, Economics, and Organization, 4 (1), Spring, 19–32 [14] 6. Douglass C. North (1985), ‘Transaction Costs in History’, Journal of European Economic History, 14 (3), Winter, 557–76 [20] 7. Oliver E. Williamson and William G. Ouchi (1981), ‘The Markets and Hierarchies and Visible Hand Perspectives: The Markets and Hierarchies Program of Research: Origins, Implications, Prospects’, in Andrew H. Van de Ven and William F. Joyce (eds), Perspectives on Organization Design and Behavior, Part I, Chapter 8, New York, NY, USA: John Wiley and Sons, 347–70 [24] 8. John C. McManus (1975), ‘The Costs of Alternative Economic Organizations’, Canadian Journal of Economics, VIII (3), August, 334–50 [17] 9. Oliver E. Williamson (1991), ‘Comparative Economic Organization: The Analysis of Discrete Structural Alternatives’, Administrative Science Quarterly, 36 (2), June, 269–96 [28] 10. Scott E. Masten, James W. Meehan, Jr. and Edward A. Snyder (1991), ‘The Costs of Organization’, Journal of Law, Economics, and Organization, 7 (1), Spring, 1–25 [25] 11. Christos Pitelis (1995), ‘On the Nature of the Firm’, in Arjen van Witteloostuijn (ed.), Market Evolution: Competition and Cooperation, Part I, Chapter 2, Dordrecht, the Netherlands: Kluwer Academic Publishers, 11–37 [27] 12. Richard O. Zerbe, Jr. and Howard E. McCurdy (1999), ‘The Failure of Market Failure’, Journal of Policy Analysis and Management, 18 (4), Autumn, 558–78 [21] 13. Matthias Klaes (2000), ‘The History of the Concept of Transaction Costs: Neglected Aspects’, Journal of the History of Economic Thought, 22 (2), June, 191–216 [26] 14. Paul L. Joskow (1988), ‘Asset Specificity and the Structure of Vertical Relationships: Empirical Evidence’, Journal of Law, Economics, and Organization, 4 (1), Spring, 95–117 [23] 15. Steven N. S. Cheung (1969), ‘Transaction Costs, Risk Aversion, and the Choice of Contractual Arrangements’, Journal of Law and Economics, 12 (1), April, 23–42 [20] 16. G. B. Richardson (1972), ‘The Organisation of Industry’, Economic Journal, 82 (327), September, 883–96 [14] 17. Benjamin Klein, Robert G. Crawford and Armen A. Alchian (1978), ‘Vertical Integration, Appropriable Rents, and the Competitive Contracting Process’, Journal of Law and Economics, 21 (2), October, 297–326 [30] PART II COPING MECHANISMS: INSTITUTIONS [58 pp] 18. Douglass C. North and Robert Paul Thomas (1970), ‘An Economic Theory of the Growth of the Western World’, Economic History Review, XXIII (1), April, 1–17 [17] 19. Douglass C. North (1994), ‘Economic Performance Through Time’, American Economic Review, 84 (3), June, 359–68 [10] 20. Oliver E. Williamson (1975), ‘Toward a New Institutional Economics’, in Markets and Hierarchies: Analysis and Antitrust Implications: A Study in the Economics of Internal Organization, Chapter 1, New York, NY, USA: The Free Press, 1–19, references [19] 21. Oliver E. Williamson (1985), ‘Prologue’, in The Economic Institutions of Capitalism: Firms, Markets, Relational Contracting, New York, NY, USA: The Free Press, 1–12 [12] PART III COPING MECHANISMS: PROPERTY [69 pp] 22. F. H. Knight (1924), ‘Some Fallacies in the Interpretation of Social Cost’, Quarterly Journal of Economics, 38 (4), August, 582–606 [25] 23. Armen A. Alchian (1967), ‘Pricing and Society’, Occasional Paper 17, London, UK: Institute of Economic Affairs, 5–22 [18] 24. Eirik G. Furubotn and Svetozar Pejovich (1972), ‘Property Rights and Economic Theory: A Survey of Recent Literature’, Journal of Economic Literature, 10 (4), December, 1137–62 [26] PART IV COPING MECHANISMS: THE STATE [135 pp] 25. William J. Baumol (1952), ‘Economic Theory and the Theory of the State’, in Welfare Economics and the Theory of the State, Part II, Chapter 12, Cambridge, MA, USA: Harvard University Press for the London School of Economics and Political Science, 140–56 [17] 26. George J. Stigler and Paul A. Samuelson (1968), ‘A Dialogue on the Proper Economic Role of the State’, Selected Papers No. 7, third printing, Chicago, IL, USA: University of Chicago Booth School of Business, i, 1–39 [40] 27. Joseph E. Stiglitz (1991), ‘The Economic Role of the State: Efficiency and Effectiveness’, in T. P. Hardiman and Michael Mulreany (eds), Efficiency and Effectiveness in the Public Domain, Dublin, Ireland: Institute of Public Administration, 37–59 [23] 28. Dennis C. Mueller (2003), ‘The Reason for Collective Choice – Allocative Efficiency’, in Public Choice III, Part I, Chapter 2, New York, NY, USA: Cambridge University Press, 9–43 [35] 29. Dennis C. Mueller (2003), ‘The Reason for Collective Choice – Redistribution’, in Public Choice III, Part I, Chapter 3, New York, NY, USA: Cambridge University Press, 44–63 [20] [Volume III Total: 616 pp] [Whole Collection = 92 articles = 2,019 pp]

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Book SynopsisThis important research literature review discusses some of the most prominent literature in the field of individual choice and economic welfare. It analyses material exploring how economics as a scientific enterprise may inform political decision-making. The premise is explored paradigmatically through different interpretations including utility-individualism in the context of welfare economics, preference-individualism in social choice theory, and choice-individualism in constitutional economics. The review covers the foundational literature as well as contemporary pieces, which have sparked further discussion in the field. This review will be valuable to researchers and scholars alike as well as to all those gravitating towards this fascinating topic.Table of ContentsContents: Acknowledgements Introduction Individual Choice and Social Welfare: Theoretical Foundations of Political Economy Viktor J. Vanberg PART I ECONOMICS AND POLITICS: THE ROLE OF VALUE JUDGMENTS 1. Léon Walras (1984), ‘Definitions of Political Economy’ and ‘Science, Art and Ethics Distinguished’, in Elements of Pure Economics: Or the Theory of Social Wealth, Lesson 1 and 2, Philadelphia, PA, USA: Orion Editions, 51–7, 58–64 2. Gunnar Myrdal (1953), ‘Politics and Political Economy’, in The Political Element in the Development of Economic Theory, trans. by Paul Streeten, Chapter 1, London, UK: Routledge and Kegan Paul, 1–22, references 3. Lionel Robbins (1932), ‘The Significance of Economic Science’, in An Essay on the Nature and Significance of Economic Science, Chapter VI, London, UK: Macmillan, 120–41 PART II WELFARE ECONOMICS AND SOCIAL CHOICE: FROM INDIVIDUAL UTILITIES TO SOCIAL WELFARE A. Welfare Economics: From Individual Utilities to Social Welfare 4. Jeremy Bentham ([1789] 1982), ‘On the Principle of Utility’ and ‘Value of a Lot of Pleasure or Pain, How to be Measured’, in An Introduction to the Principles of Morals and Legislation, Chapter 1 and Chapter 5, London, UK and New York, NY, USA: Methuen, 11–16, 38–41 5. John R. Hicks (1939), ‘The Foundations of Welfare Economics’, Economic Journal, 49 (196), December, 696–712 6. Paul A. Samuelson (1947), ‘Welfare Economics’, in Foundations of Economic Analysis, Chapter 8, Cambridge, MA, USA: Harvard University Press, 203–28 7. Tibor Scitovsky (1951), ‘The State of Welfare Economies’, American Economic Review, 41 (3), June, 303–15 8. Rutledge Vining (1956), ‘Questions Regarding Validity of Certain Concepts of Welfare Economics’, in Economics in the United States of America: A Review and Interpretation of Research, Paris, France: UNESCO, 34–37 9. George C. Archibald (1959), ‘Welfare Economics, Ethics, and Essentialism’, Economica, 26 (104), November, 316–27 10. James M. Buchanan (1959), ‘Positive Economics, Welfare Economics, and Political Economy’, Journal of Law and Economics, 2, October, 124–38 11. Abram Bergson (1966), ‘ On Social Welfare Once More’, in Essays in Normative Economics, Part I, Chapter 3, Cambridge, MA, USA: The Belknap Press of Harvard University Press, 51–77 12. John Rawls ([1971] 1999), ‘Classical Utilitarianism’ and ‘Some Related Contrasts’, in A Theory of Justice: Revised Edition, Chapter 1, Sections 5 and 6, Cambridge, MA, USA: The Belknap Press of Harvard University Press, 19–30 13. Lionel Robbins (1981), ‘Economics and Political Economy’, American Economic Review: Papers and Proceedings, 71 (2), May, 1–10 14. John C. Harsanyi (1988), ‘Assessing Other People’s Utilities’, in Bertrand R. Munier (ed.) Risk, Decision and Rationality, Dordrecht, Holland: D. Reidel Publishing Company, 127–38 15. Anthony B. Atkinson (2011), ‘The Restoration of Welfare Economics’, American Economic Review: Papers and Proceedings, 101 (3), May, 157–61 16. Viktor J. Vanberg (2014), ‘Evolving Preferences and Welfare Economics: The Perspective of Constitutional Political Economy’, Jahrbücher für Nationalökonomie und Statistik, 234 (2–3), April, 328–49 B. Social Choice Theory: From Individual Preferences to Social Orderings 17. Kenneth J. Arrow (1950), ‘A Difficulty in the Concept of Social Welfare’, Journal of Political Economy, 58 (4), August, 328–46 18. I.M.D. Little (1952), ‘Social Choice and Individual Values’, Journal of Political Economy, 60 (5), October, 422–32 19. James M. Buchanan (1954), ‘Social Choice, Democracy, and Free Markets’, Journal of Political Economy, 62 (2), April, 114–23 20. Kenneth J. Arrow (1969), ‘Values and Collective Decision-Making’, in Peter Laslett and W.G. Runciman (eds), Philosophy, Politics and Society: Third Series, Oxford, UK: Basil Blackwell, 215–32 21. Amartya Sen (1995), ‘Rationality and Social Choice’, American Economic Review, 85 (1), March, 1–24 22. Amartya Sen (1997), ‘Individual Preference as the Basis of Social Choice’, in Kenneth J. Arrow, Amartya Sen and Kotaro Suzumura (eds.), Social Choice Re-examined, Volume 1: Proceedings of the IEA Conference Held at Schloss Hernstein, Berndorf, near Vienna, Austria, London, UK: Palgrave Macmillan, 15–37 23. Kotaro Suzumura (2002), ‘Introduction to Social Choice and Welfare’, Banca D’Italia Temi Di Discussion Del Servizio Studi, 422, March, 1–45 PART III CONTRACTARIAN-CONSTITUTIONALIST ECONOMICS A. Contractarianism: Agreement and Legitimacy 24. Knut Wicksell (1958) ‘A New Principle of Just Taxation’, in Richard A. Musgrave and Alan T. Peacock (eds), Classics in the Theory of Public Finance, London, UK: Palgrave Macmillan, 72–118 25. John Rawls (1957), ‘I. Justice as Fairness’, Journal of Philosophy, 54 (22), October, 653–62 26. James M. Buchanan (1964), ‘What Should Economists Do?’, Southern Economic Journal, 30 (3), January, 213–22 27. John Rawls (1999), ‘The Main Ideas of the Theory of Justice’, in A Theory of Justice: Revised Edition, Chapter 1, Section 3, Cambridge, MA, USA: The Belknap Press of Harvard University Press, 10–15 28. James M. Buchanan (1977), ‘Notes on Justice in Contract ’, in Freedom in Constitutional Contract: Perspectives of a Political Economist, College Station, TX, USA: Texas A&M University Press, 123–34 29. Geoffrey Brennan and James M. Buchanan (1985), ‘The Contractarian Vision’, in The Reasons of Rules: Constitutional Political Economy, Chapter 2, Cambridge, UK: Cambridge University Press, 19–32 30. Russell Hardin (1988), ‘Review Article: Constitutional Political Economy: Agreement on Rules’, British Journal of Political Science, 18 (4), October, 513–30 31. Viktor J. Vanberg (1994), ‘Individual Choice and Institutional Constraints: The Normative Element in Classical and Contractarian Liberalism’, in Rules and Choice in Economics, Part VI, Chapter 13, London, UK and New York, NY, USA: Routledge, 208–34, references 32. Georg Vanberg and Viktor Vanberg (2017), ‘Contractarian Perspectives in Law and Economics’, in Francesco Parisi (ed.), ‘The Oxford Handbook of Law and Economics: Volume 1, Methodology and Concepts’, Oxford, UK and New York, NY, USA: Oxford University Press, 246–67 B. Constitutionalism: Rules as Objects of Choice 33. Friedrich A. Hayek (1960), ‘Economic Policy and the Rule of Law’, in The Constitution of Liberty, Chapter 15, Chicago, IL, USA: University of Chicago Press, 220–33, references 34. James M. Buchanan and Gordon Tullock (1962), ‘A Generalized Economic Theory of Constitutions’, in The Calculus of Consent: Logical Foundations of Constitutional Democracy, Part II, Chapter 6, Ann Arbor: MI, USA: University of Michigan Press, 63–84, references 35. Franz Böhm (1989),’Rule of Law in a Market Economy’, in Alan T. Peacock and Hans Willgerodt (eds), Germany’s Social Market Economy: Origins and Evolution, New York, NY, USA: St. Martin’s Press, 46–67 36. Gilbert W. Nutter (1968), ‘Economic Welfare and Welfare Economics’, Journal of Economic Issues, 2 (2), 166–72 37. Rutledge Vining (1984), ‘Three Main Concepts That Inhere In The Circumstances Cited’ and ‘Concluding Remarks upon What an Economic System is, and the Problem of Specifying Norms of the Outcome of its Working’, in On Appraising the Performance of an Economic System, Chapter 1 and Chapter 6, Cambridge, UK: Cambridge University Press, 3–33, 170–81, references 38. James M. Buchanan (1987), ‘The Constitution of Economic Policy’, American Economic Review, 77 (3), June, 243–50 39. Helmut Leipold (1990), ‘Neoliberal Ordnungstheorie and Constitutional Economics: A Comparison between Eucken and Buchanan’, Constitutional Political Economy, 1 (1), December, 47–65 40. James M. Buchanan (1995), ‘Individual Rights, Emergent Social States, and Behavioural Feasibility’, Rationality and Society, 7 (2), April, 141–50 41. Viktor J. Vanberg (2005), ‘Market and State: The Perspective of Constitutional Political Economy’, Journal of Institutional Economics, 1 (1), June, 23–49 Index

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Book SynopsisThe modern welfare state finds itself in the middle of two major upheavals: the impact of technology and immigration. Having taken in more refugees per capita than most other countries, the pillars of the Swedish welfare state are being shaken, and digital technologies are set to strengthen already existing trends towards job and wage polarization. The development of skills to keep pace with technology will enter into a critical period for the labor market in which inadequate policy responses could result in further inequality and polarization. In this regard, a platform-based labor market could help by opening up a vast range of new work opportunities. Marten Blix examines the implications of these trends that drive change in developed economies and, in particular, the impact that they have on Sweden and other European countries with rigid labor markets and comprehensive tax-financed welfare services. Increasing costs from immigration and rising inequality could further reduce the willingness to pay high taxes and erode support for redistribution. Failure to address challenges like this one could herald much more drastic changes down the road. There are already signs of economic and political tensions and there is a risk that the social contract could crack. This new discussion on the future of work and the welfare state will be of interest not only to scholars but in policy circles and corresponding societies in sociology, labor relations, political science and public administration.Trade Review'The famous Swedish Model of the welfare state is at a turning point as the pressures of technological change, income inequality and high levels of immigration meet the constraints of the country's inflexible labour and housing markets. Marten Blix argues in this incisive book that with its sound public finances and high levels of trust, Sweden is well placed to respond to the pressures, and he describes a route through these challenges; but it will require some profound institutional changes. The Swedish Model of the future will have to look very different if it is to succeed.' --Diane Coyle, University of Manchester, UK'Using the economic and social laboratory of Sweden, Mårten Blix provides a fascinating window into the future of the welfare state with the threats and opportunities from a massive increase in immigration and rapid digitilisation of the economy. The Swedish Model's core features of collective bargaining, broad unionisation and a strong fiscal base are eroding, increasing inequality and challenging the legitimacy of the political consensus to date. His interesting observations and balanced analysis of the growing importance of platform-based jobs and life-long learning have implications much beyond Sweden.' --Erik Berglöf, London School of Economics, UK'While the treatment of a Citizen's Income is inadequate, this is a most useful book and particularly useful is its focus on Sweden.' --Citizen's IncomeTable of ContentsContents: Preface 1. A Perfect Storm 2. The Welfare State in Transition 3. The Labor Market in Transition 4. Digitalization Changing the Economy and the Labor Market 5. Fiscal Pressures from Digitalization and Immigration 6. Immigration, Inequality and Skills in the Digital Economy 7. Future Challenges for the Welfare State Index

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Book SynopsisThis impressive research collection discusses the most important contributions by some of the leading scholars in the field of poverty measurement. It analyses what constitutes poverty and associated poverty measures, as well as conceptual and empirical approaches to set poverty lines for both national and international settings. The research collection also discusses national and international income poverty measures, multidimensional poverty indices, and ways to capture poverty dynamics.Trade Review‘This collection of landmark works on the concepts and methods for measuring poverty will be highly valuable to students and scholars in the field. Augmented by an original introduction by S. Klasen, a most prominent contributor to the analysis of poverty, it provides an illuminating synthesis that will remain a key resource for years.’ -- Marc Fleurbaey, Princeton University, USTable of ContentsContents: Acknowledgements Introduction Stephan Klasen PART I CONCEPTUAL APPROACHES IN A SINGLE DIMENSION 1. Buhong Zheng (1993), ‘An Axiomatic Characterization of the Watts Poverty Index’, Economic Letters, 42 (1), 81–86 2. Amartya Sen (1976), ‘Poverty: An Ordinal Approach to Measurement’, Econometrica, 44 (2), March, 219–31 3. James Foster, Joel Greer and Erik Thorbecke (1984), ‘Notes and Comments: A Class of Decomposable Poverty Measures’, Econometrica, 52 (3), May, 761–66 4. A.B. Atkinson (1970), ‘On the Measurement of Poverty’, Econometrica, 55 (4), July, 749–64 5. Amartya Sen (1983), ‘Poor, Relatively Speaking’, Oxford Economic Papers, 35 (2), 153–69 [17] 6. Peter Townsend (1985), ‘A Sociological Approach to the Measurement of Poverty–A Rejoinder to Professor Amartya Sen’, Oxford Economic Papers, 37 (4), December, 659–68 7. Amartya Sen (1985), ‘A Sociological Approach to the Measurement of Poverty: A Reply to Peter Townsend', Oxford Economic Papers, 37 (4), December, 669–76 8. Lawrence Haddad and Ravi Kanbur (1990), ‘How Serious is the Neglect of Intra–Household Inequality?’, Economic Journal, 100 (402), September, 866–81 PART II EMPIRICAL APPROACHES TO NATIONAL INCOME POVERTY MEASUREMENT 9. Mollie Orshansky (1965), ‘Counting the Poor: Another Look at the Poverty Profile’, Social Security Bulletin, 28 (1), January, 3–29 10. Joel Greer and Erik Thorbecke (1986), ‘A Methodology for Measuring Food Poverty Applied to Kenya’, Journal of Development Economics, 24 (1), November, 59–74 11. Martin Ravallion and Benu Bidani (1994), ‘How Robust is a Poverty Profile’, World Bank Economic Review, 8 (1), January, 75–102 12. Martin Ravallion and Binayak Sen (1996), ‘When Method Matters: Monitoring Poverty in Bangladesh,’ Economic Development and Cultural Change, 44 (4), July, 761–92 13. Victor R. Fuchs (1967), ‘Redefining Poverty and Redistributing Income’, Public Interest, 8, Summer, 88–95 14. Arie Kapetyn, Peter Kooreman and Rob Willemse (1988), ‘Some Methodological Issues in the Implementation of Subjective Poverty Definitions’, Journal of Human Resources, 23 (2), Spring, 222–42 15. Menno Pradhan and Martin Ravallion (2000), ‘Measuring Poverty Using Qualitative Perceptions of Consumption Adequacy’, Review of Economics and Statistics, 82 (3), August, 462–71 16. Brigitte Buhmann, Lee Rainwater, Guenther Schmaus and Timothy M. Smeeding (1988), ‘Equivalence Scales, Well-being, Inequality and Poverty: Sensitivity Estimates Across Ten Countries Using the Luxembourg Income Study (LIS) Database’, Review of Income and Wealth, 34 (2), 115–42 17. Jean Drèze and P.V. Srinivasan (1997), ‘Widowhood and Poverty in Rural India: Some Inferences From Household Survey Data’, Journal of Development Economics, 54 (2), December, 217–34 18. Daniel T. Slesnick (1993), ‘Gaining Ground: Poverty in the Postwar United States’, Journal of Political Economy, 101 (1), February, 1–38 PART III EMPIRICAL APPROACHES TO INTERNATIONAL INCOME POVERTY MEASUREMENT 19. Montek S. Ahluwalia, Nicholas G. Carter and Hollis B. Chenery (1979), ‘Growth and Poverty in Developing Countries’, Journal of Development Economics, 6 (3), 299–341 20. Martin Ravallion, Gaurav Datt and Dominique van de Walle (1991), Quantifying Absolute Poverty in the Developing World', Review of Income and Wealth, 37 (4), December, 21. Shaohua Chen and Martin Ravallion (2001), ‘How did the World’s Poorest Fare in the 1900s?’, Review of Income and Wealth, 47 (3), September, 283–300 22. Shaohua Chen and Martin Ravallion (2010), ‘The Developing World is Poorer than we Thought, but no Less Successful in the Fight Against Poverty’, Quarterly Journal of Economics, 125 (4), November, 1577–625 23. Angus Deaton (2010), ‘Price Indexes, Inequality and the Measurement of World Poverty’, American Economic Review, 100 (1), March, 5–34 24. Francisco H.G. Ferreira, Shaohua Chen, Andrew Dabalen, Yuri Dikhanov, Nada Hamadeh, Dean Jolliffe, Ambar Narayan, Espen Beer Prydz, Ana Revenga, Prem Sangraula, Umar Serajuddin and Nobuo Yoshida (2016), ‘A Global Count of the Extreme Poor in 2012: Data Issues, Methdology and Initial Results’, Journal of Economic Inequality, 14 (2), June, 141–72 25. Stephan Klasen, Tatyana Krivobokova, Friederike Greb, Rahul Lahoti, Syamsul Hidayat Pasaribu and Manuel Wisenfarth (2016),‘International Income Poverty Measurement: Which Way Now?’, Journal of Economic Inequality, 14 (2), June, 199–225 26. Sanjay Reddy and Rahul Lahoti (2016), ‘$1.90 a Day: What Does it Say? The New International Poverty Line’, New Left Review, 97, January–February, 106–27 27. Martin Ravallion and Shaohua Chen (2011) ‘Weakly Relative Poverty’, Review of Economics and Statistics, 93 (4), November, 1251–261 28. Martin Ravallion (2016), ‘Toward Better Global Poverty Measures’, Journal of Economic Inequality, 14 (2), June, 227–48 PART IV CONCEPTUAL APPROACHES TO MULTIDIMENSIONAL POVERTY MEASUREMENT 29. François Bourguignon and Sayta R. Chakravarty (2003), ‘The Measurement of Multidimensional Poverty’, Journal of Economic Inequality, 1 (1), April, 25–49 30. Satya R. Chakravarty and Conchita D’Ambrosio (2006), ‘The Measurement of Social Exclusion’, Review of Income and Wealth, 52 (3), September, 377–98 31. D. Jayaraj and S. Subramanian (2010), ‘A. Chakravarty – D’Ambrosio View of Multidimensional Deprivation: Some Estimates for India’, Economic and Political Weekly, XLX (6), February, 53–65 32. Sabina Alkire and James Foster (2011), ‘Counting and Multidimensional Poverty Measurement’, Journal of Public Economics, 95 (7–8), August, 476–87 33. Jean-Yves Duclos, David E. Sahn and Stephen D. Younger (2006) ‘Robust Multidimensional Poverty Comparisons’, Economic Journal, 116 (514), October, 943–68 PART V EMPIRICAL APPROACHES TO MULTIDIMENSIONAL POVERTY MEASUREMENT 34. Stephan Klasen (2000), ‘Measuring Poverty and Deprivation in South Africa’, Review of Income and Wealth, 46 (1), March, 33–58 35. Sabine Alkire and Maria Emma Santos (2014), ‘Measuring Acute Poverty in the Developing World: Robustness and Scope of the Multidimensional Poverty Index’, World Development, 59, July, 251–74 36. Martin Ravallion (2011) ‘On Multidimensional Indices of Poverty’, Journal of Economic Inequality, 9 (2), March, 235–48 37. Nicole Rippin (2016), ‘Multidimensional Poverty in Germany: A Capability Approach’, Forum for Social Economics, 45 (2–3), 230–55 PART VI POVERTY DYNAMICS: CHRONIC AND TRANSITIONAL POVERTY, VULNERABILITY 38. Jyotsna Jalan and Martin Ravallion (1998), ‘Transient Poverty in Postreform Rural China’, Journal of Comparative Economics, 26 (2), June, 338–57 39. Ethan Ligon and Laura Schechter (2003), ‘Measuring Vunerability’, Economic Journal’, 113 (486), March, C95–C102 40. Felix Povel (2015), ‘Measuring Exposure to Downside Risk with an Application to Thailand and Vietnam’, World Development, 71, July, 4–24 41. Walter Bossert, Satya Chakravarty and Conchita D’ Ambrosio (2012), ‘Poverty and Time’, Journal of Economic Inequality, 10 (2), June, 145–62 Index

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Book SynopsisThis research review offers an insight to some of the most important questions economists and policymakers have been grappling over. A substantial amount of research has been carried out using cross-country regression models, resulting in a better and improved understanding of the linkage between economic growth and poverty reduction. The literature on cross-country regressions, however, has led to conflicting conclusions. Reconciling diverging messages makes it difficult to accurately inform policy-making. Based on a selection of influential papers, this volume provides a critical review of the literature. Scholars who envision a world free of extreme poverty will find this analysis particularly valuable. Table of ContentsContents: Research Review Nanak Kakwani and Hyun Hwa Son 1. Simon Kuznets (1955), ‘Economic Growth and Income Inequality’, American Economic Review, XLV (1), March, 1–28 2. Simon Kuznets (1963), ‘Quantitative Aspects of Economic Growth of Nations: VIII, Distribution of Income by Size’, Economic Development and Cultural Change, 11 (2), January, 1–80 3. Montek S. Ahluwalia (1976), ‘Income Distribution and Development: Some Stylized Facts’, American Economic Review, 66 (2), May, 128–35 4. Montek S. Ahluwalia (1976), ‘Inequality, Poverty and Development’, Journal of Development Economics, 3 (4), December, 307–42 5. Sudhir Anand and S. M. R. Kanbur (1993), ‘The Kuznets Process and Inequality-Development Relationship’, Journal of Development Economics, 40 (1), February, 25–52 6. Sudhir Anand and S. M. R. Kanbur (1985), ‘Poverty Under the Kuznets Process’, Economic Journal, Supplement: Conference Papers, 95, 42–50 7. Sherman Robinson (1976), ‘A Note on the U Hypothesis Relating Income Inequality and Development’, American Economic Review, 66 (3), June, 437–40 8. Felix Paukert (1973), ‘Income Distribution at Different Levels of Development’, International Labour Review, 108 (2–3), 97–125 9. Nanak Kakwani (1988), ‘Income Inequality, Welfare and Poverty in a Developing Economy with Application to Sri Lanka’, Social Choice and Welfare, 5 (2–3), June, 199–222 10. Nancy Birdsall, David R. Ross and Richard Sabot (1995), ‘Inequality and Growth Reconsidered: Lessons from East Asia’, World Bank Economic Review, 9 (3), September, 477–508 11. Robert J. Barro (2000), ‘Inequality and Growth in a Panel of Countries’, Journal of Economic Growth, 5 (1), March, 5–32 12. Kristin J. Forbes (2000), ‘A Reassessment of the Relationship between Inequality and Growth’, American Economic Review, 90 (4), September, 869–87 13. Torsten Persson and Guido Tabellini (1994), ‘Is Inequality Harmful for Growth?’, American Economic Review, 84 (3), June, 600–21 14. Anthony B. Atkinson (1970), ‘On the Measurement of Inequality’, Journal of Economic Theory, 2 (3), September, 244–63 15. Amartya Sen (1974), ‘Informational Bases of Alternative Welfare Approaches: Aggregation and Income Distribution’, Journal of Public Economics, 3 (4), November, 387–403 16. Amartya Sen (1976), ‘Poverty: An Ordinal Approach to Measurement’, Econometrica, 44 (2), March, 219–31 17. Nanak Kakwani (1980), ‘On Class of Poverty Measures’, Econometrica, 48 (2), March, 437–46 18. James Foster, Joel Greer and Erik Thorbecke (1984), ‘A Class of Decomposable Poverty Measures’, Econometrica, 52 (3), May, 761–66 19. Martin Ravallion and Shaohua Chen (1997), ‘What Can New Survey Data Tell Us about Recent Changes in Distribution and Poverty?’, World Bank Economic Review, 11 (2), May, 357–82 20. Hongyi Li, Lyn Squire and Heng-fu Zou (1998), ‘Explaining International and Intertemporal Variations in Income Inequality’, Economic Journal, 108 (446), January, 26–43 21. Martin Ravallion (1995), ‘Growth and Poverty: Evidence from Developing Countries in the 1990s’, Economic Letters, 48 (3–4), June, 411–17 22. Martin Ravallion (2005), ‘A Poverty-Inequality Trade Off?’, Journal of Economic Inequality, 3 (2), August, 169–81 23. Gary S. Fields (1989), ‘Changes in Poverty and Inequality in Developing Countries’, World Bank Research Observer, 4 (2), July, 167–85 24. Klaus Deininger and Lyn Squire (1996), ‘A New Data Set Measuring Income Inequality’, World Bank Economic Review, 10 (3), September, 565–91 25. Klaus Deininger and Lyn Squire (1998), ‘New Ways of Looking at Old Issues: Inequality and Growth’, Journal of Development Economics, 57 (2), 259–87 26. David Dollar and Aart Kraay (2002), ‘Growth is Good for the Poor’, Journal of Economic Growth, 7 (3), September, 195–225 27. James E. Foster and Miguel Székely (2000), ‘How Good is Growth?’, Asian Development Review, 18 (2), 59–73 28. James E. Foster and Miguel Székely (2008), ‘Is Economic Growth Good for the Poor? Tracking Low Incomes Using General Means’, International Economic Review, 49 (4), November, 1143–72 29. Richard H. Adam, Jnr. (2004), ‘Economic Growth, Inequality and Poverty: Estimating the Growth Elasticity of Poverty’, World Development, 32 (12), December, 1989–2014 30. Nanak Kakwani and Ernesto Pernia (2000), ‘What is Pro-Poor Growth?’, Asian Development Review, 18, 1–16 31. Martin Ravallion and Shoahua Chen (2003), ‘Measuring Pro-Poor Growth’, Economic Letters, 78 (1), January, 93–9 32. Hyun Hwa Son (2004), ‘A Note on Pro-Poor Growth’, Economic Letters, 82 (3), March, 307–14 33. Nanak Kakwani and Hyun Hwa Son (2008), ‘Poverty Equivalent Growth Rate’, Review of Income and Wealth, 54 (4), December, 643–55 34. Aart Kraay (2006), ‘When is Growth Pro-Poor? Evidence from a Panel of Countries’, Journal of Development Economics, 80 (1), June, 198–227 35. Hyun Hwa Son and Nanak Kakwani (2008), ‘Global Estimates of Pro-Poor Growth’, World Development, 36 (6), June, 1048–66 36. Nanak Kakwani (1993), ‘Poverty and Economic Growth: With Applications to Cote d’Ivoire’, Review of Income and Wealth, 39 (2), June, 121–39 37. Nanak Kakwani (2000), ‘On Measuring Growth and Inequality Components of Poverty with Application to Thailand’, Journal of Quantitative Economics, 26 (1), 67–79 38. Gaurav Datt and Martin Ravallion (1992), ‘Growth and Redistribution Components of Changes in Poverty Measures with Applications to Brazil and India in the 1980s’, Journal of Development Economics, 38 (2), April, 275–95 39. Abhijit V. Banerjee and Esther Duflo (2003), ‘ Inequality and Growth: What Can the Data Say?’ Journal of Economic Growth, 8 (3) 267–99 Index

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Book SynopsisMalcolm Torry explores Citizen's Basic Income - an unconditional income for every individual - moving the reader from a basic understanding of the concept to an in-depth recognition of its wide-ranging implications. Torry examines debates around the desirability, feasibility and implementation of a Citizen's Basic Income, and how this idea is becoming increasingly widespread. This Modern Guide presents a comprehensive treatment of Citizen's Basic Income, first offering insight into the language surrounding it, and moving through a number of key disciplinary perspectives, including sociology, politics, economics and law. Each chapter discusses an academic discipline, looking at relevant aspects of the debate to understand how the discipline enhances knowledge of Citizen's Basic Income, and how discussion around the topic can contribute to the academic discipline. Containing detailed case studies in each chapter, this book will be helpful to a wide variety of scholars and students wanting a broader knowledge of Citizen's Basic Income. It will also be useful to policymakers who wish to engage in the debate on the potential benefits and drawbacks of a Citizen's Basic Income.Trade Review‘Malcolm Torry’s A Modern Guide to Citizen’s Basic Income is a welcome addition for any student of this concept. Torry maintains an objective balance in analysing the merits of the concept and he addresses many of the critiques levelled against it throughout the book. One of the truly refreshing aspects of this book is the heterodox treatment applied in attempting to understand and critique the idea of CBI.’ -- Arya Pillai, International Review of Public Policy‘Malcolm Torry is one of the most prolific, well-rounded, and knowledgeable researchers in the field of Basic Income. No one is better placed to write a multidisciplinary guide to the topic.’ -- Karl Widerquist, Georgetown University, Qatar'Malcolm Torry has been at the forefront of the British campaign for a universal basic income for more than 30 years. This new book explores how twelve academic disciplines - from ethics and psychology to history and law - shed light on the idea. For students and researchers looking to engage with the growing debate on UBI, Torry's book provides a very good place to start.' --Peter Sloman, University of Cambridge, UK'Malcolm Torry is one of the most prolific, well-rounded, and knowledgeable researchers in the field of Basic Income. No one is better placed to write a multidisciplinary guide to the topic.' --Karl Widerquist, Georgetown University, Qatar'Amid the recent explosion of scholarship on basic income Malcolm Torry has found a novel approach to exploring its theory and practice: an exploration of basic income through different disciplinary perspectives.' --Almaz Zelleke, New York University Shanghai, ChinaTable of ContentsContents: Preface 1. Introduction to a multidisciplinary study of Citizen’s Basic Income 2. The language of Citizen’s Basic Income 3. Histories of Citizen’s Basic Income 4. The ethics of Citizen’s Basic Income 5. The economics of Citizen’s Basic Income 6. The psychology of Citizen’s Basic Income 7. The social psychology of Citizen’s Basic Income 8. The sociology of Citizen’s Basic Income 9. Citizen’s Basic Income as social policy 10. The social administration of Citizen’s Basic Income 11. The politics of Citizen’s Basic Income 12. The political economy of Citizen’s Basic Income 13. The law of Citizen’s Basic Income 14. Conclusion Bibliography Index

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Book SynopsisThe modern welfare state finds itself in the middle of two major upheavals: the impact of technology and immigration. Having taken in more refugees per capita than most other countries, the pillars of the Swedish welfare state are being shaken, and digital technologies are set to strengthen already existing trends towards job and wage polarization. The development of skills to keep pace with technology will enter into a critical period for the labor market in which inadequate policy responses could result in further inequality and polarization. In this regard, a platform-based labor market could help by opening up a vast range of new work opportunities. Marten Blix examines the implications of these trends that drive change in developed economies and, in particular, the impact that they have on Sweden and other European countries with rigid labor markets and comprehensive tax-financed welfare services. Increasing costs from immigration and rising inequality could further reduce the willingness to pay high taxes and erode support for redistribution. Failure to address challenges like this one could herald much more drastic changes down the road. There are already signs of economic and political tensions and there is a risk that the social contract could crack. This new discussion on the future of work and the welfare state will be of interest not only to scholars but in policy circles and corresponding societies in sociology, labor relations, political science and public administration.Trade Review'The famous Swedish Model of the welfare state is at a turning point as the pressures of technological change, income inequality and high levels of immigration meet the constraints of the country's inflexible labour and housing markets. Marten Blix argues in this incisive book that with its sound public finances and high levels of trust, Sweden is well placed to respond to the pressures, and he describes a route through these challenges; but it will require some profound institutional changes. The Swedish Model of the future will have to look very different if it is to succeed.' --Diane Coyle, University of Manchester, UK'Using the economic and social laboratory of Sweden, Mårten Blix provides a fascinating window into the future of the welfare state with the threats and opportunities from a massive increase in immigration and rapid digitilisation of the economy. The Swedish Model's core features of collective bargaining, broad unionisation and a strong fiscal base are eroding, increasing inequality and challenging the legitimacy of the political consensus to date. His interesting observations and balanced analysis of the growing importance of platform-based jobs and life-long learning have implications much beyond Sweden.' --Erik Berglöf, London School of Economics, UK'While the treatment of a Citizen's Income is inadequate, this is a most useful book and particularly useful is its focus on Sweden.' --Citizen's IncomeTable of ContentsContents: Preface 1. A Perfect Storm 2. The Welfare State in Transition 3. The Labor Market in Transition 4. Digitalization Changing the Economy and the Labor Market 5. Fiscal Pressures from Digitalization and Immigration 6. Immigration, Inequality and Skills in the Digital Economy 7. Future Challenges for the Welfare State Index

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Book SynopsisNowhere in the world presents a more dramatic case of wealth creation than East Asia. Contrary to the common belief that social policy in the economic powerhouses of the region is secondary to their pursuit of economic growth, Gyu-Jin Hwang argues that it has in fact played an integral part in building strong states and competitive market economies. Building Markets examines the original four Newly Industrialised Economies (NIEs) of East Asia: Hong Kong, Korea, Singapore, and Taiwan, as well as Japan, the regional forerunner in both economic and social terms. Chapters undertake a comparative analysis of the various social policy measures and redistributive efforts taken across a diverse range of social policy sectors in the region, covering cash transfers, healthcare, education, housing, and family policy. Addressing the mounting pressure on East Asian economies to rethink their growth strategies, Hwang concludes with a call for social means to be diverted, adapted, and converted to serve new social ends. Integrating cutting-edge theoretical insights with detailed policy analysis, Building Markets will be an invaluable tool for academics and postgraduate students interested in social policy, economics, and development in East Asia.Trade Review‘Gyu-Jin Hwang's Building Markets offers comparative and international perspectives to analyse social change and social policy transformations in East Asia, demonstrating how changing socio-economic and broader political economy contexts have affected social policy formation. The present volume is highly relevant to policy analysts, researchers, postgraduate students, and practitioners working in social welfare and social policy sectors.’ -- Ka Ho Mok, Lingnan University, Hong Kong‘Gyu-Jin Hwang shows that social policy in East Asia was always tied to capital accumulation and the building of markets. Hwang raises the crucial question of whether this model – perhaps appropriate for early phases of growth – can shield workers from risk in economies witnessing higher inequality and rapid technological change. He provides answers by looking at Japan, Korea, Taiwan, Hong Kong and Singapore: richer countries where many at the bottom still remain exposed.’ -- Stephan Haggard, University of California San Diego, USTable of ContentsContents: 1. Introduction: doing social policy, East Asian style 2. Building markets 3. The strategy for growth 4. Cash transfers 5. Healthcare 6. Education 7. Housing 8. Family policy 9. Conclusion: taming the untamed Bibliography Index

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Book SynopsisIn an era when many of us depend on debt to survive but struggle with its consequences, Financing Prosperity by Dealing with Debt draws together current thinking on how to solve debt crises and promote prosperity.

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Book SynopsisFocusing on the developing economic challenges confronting Korea and the US in response to the aging of their populations, this timely book examines how public policies are evolving in light of demographic changes, the impact of aging on governmental expenditures, and transitions in the labor force associated with aging. International contributors comparatively analyze government approaches to population aging, illustrating the similar challenges faced across nations. Chapters draw attention to those particular issues that public policy plans must surmount, including funding pressures on retirement plans and the effects of an aging labor force on economic growth and productivity. They offer evidence on the scale of these challenges in Korea and the US and empirically evaluate how governments, employers, and individuals may respond to these issues in the years to come. Addressing fiscal sustainability and key social security programs, including the implications of the 2015 Korean pension reform and the economic difficulties entailed by the future of Medicare, this book investigates the implications of managing and sustaining welfare for an aging population. This cutting-edge book will be ideal reading for economists focusing on public policy and welfare programs, benefiting from the comparative approach to fiscal accountability and sustainability. It will also appeal to practitioners and policymakers seeking insights into the consequences of an aging population and hoping to develop innovative methods and approaches to welfare.Trade Review'Population aging tends to increase government expenditures and reduce tax revenues, thus jeopardizing fiscal sustainability. Therefore, aging urgently strengthens the case for strengthening fiscal accountability, which is indispensable for fiscal sustainability. This comprehensive book by world-class experts is a must-read for all policymakers, researchers, and general readers interested in the link between demographic change and the health of public finances.' -- Donghyun Park, Asian Development Bank, PhilippinesTable of ContentsContents: Foreword by Jeong Pyo Choi ix 1 Introduction and overview 1 Robert Clark, YoungWook Lee and Andrew Mason PART 1 FISCAL SUSTAINABILITY AND ACCOUNTABILITY 2 An evaluation of fiscal sustainability in Korea 13 SeongTae Kim 3 Implications of delaying US Social Security financing reform: a look at the measurement, structural and generational issues 35 Sylvester J. Schieber PART II IMPROVING FISCAL ACCOUNTABILITY 4 Enhancing accountability of Korea’s government funds system through consolidated management of surplus money in budget-type funds 73 Yongok Choi 5 The long-term impact of aging on the federal budget 93 Louise Sheiner 6 Improving fiscal accountability of tax expenditure: the case of the Earned Income Tax Credit in Korea 118 YoungWook Lee PART III FISCAL SOUNDNESS AND ACCOUNTABILITY 7 The future of public employee pensions in the United States 137 Andrew G. Biggs 8 Fiscal implications of the 2015 government employees pension reform in Korea 155 Dohyung Kim, Taesuk Lee and Yongok Choi PART IV FISCAL ACCOUNTABILITY SECTOR 9 Medicare financing and affordability 183 Marilyn Moon 10 SME financial policy in Korea: evaluation and recommendations 198 Chang Gyun Park 11 Enhancing economic growth and productivity through efficient public infrastructure management 224 Kang-soo Kim and Weh-Sol Moon Index 239

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Book SynopsisPart of The Elgar Series on Central Banking and Monetary Policy, this book explores the relationship between central banking, monetary policy and income distribution. The usual central bank mandate – that of exclusively fighting inflation – is being increasingly questioned by policymakers and academics. Many countries are finding that there is a need for broader mandates that will have an impact on economic activity, unemployment and other economic issues.The chapters present a multitude of theoretical views on this topic, from classical and Marxist views to mainstream and post-Keynesian approaches. They consider the democratic aspects of central banking, critically assess the distributional outcomes of inflation targeting regimes and explore policymaking implications.Policy makers, academics and the financial press will appreciate the relevance of the material and state of the art discussions featured in Central Banking, Monetary Policy and Income Distribution.Trade Review‘Inequality in the distributions of income and wealth continues to rise. Meanwhile, since the global financial crisis, central bankers have become aware that in a monetary-production economy, there’s more to life than “fine tuning” an economy with reference to an inflation target. The time is therefore ripe for reinvigoration of research into the links between monetary policy and distribution. And with its clear focus throughout on the interest rate–income distribution nexus, this book delivers.’ -- Mark Setterfield, New School for Social Research, US‘This book is a very welcome addition to the literature on central banking. Behind all the talk about “inflation targeting”, “dual mandates”, and so forth, it is obvious that monetary policy directly affects income distribution. Maybe this is what it has been about all along? The Editors have invited an impressive list of well-known and emerging scholars who explore the link between monetary policy and income and wealth inequalities in the best tradition of Keynes and post-Keynesian economics.’ -- John Smithin, York University, Canada‘This book blazes new terrain on the role of monetary policy by focusing on its impact on income inequality.’ -- Steven Pressman, Monmouth University, USTable of ContentsContents: Introduction to Central Banking, Monetary Policy and Income Distribution 1 Sylvio Kappes, Louis-Philippe Rochon and Guillaume Vallet PART I THEORY 1 A primer on monetary policy and its effect on income distribution: a heterodox perspective 20 Louis-Philippe Rochon and Mario Seccareccia 2 Monetary policy and functional income distribution: a Marxist view 35 Marcelo Milan 3 Savings glut, secular stagnation, demographic reversal, and inequality: beyond conventional explanations of lower interest rates 57 Matías Vernengo 4 The evolution of monetary institutions and of the theory of money: the value of a monetary theory of production and distribution 81 Michel Betancourt, Santiago Capraro, Carlo Panico and Luis Daniel Torres-González 5 Monetary policy and the distribution of income in a transfer theory of debt 114 Jan Toporowski PART II EVIDENCE 6 Monetary policy and income distribution 128 James K. Galbraith 7 The rate of interest and income distribution: an examination of the Pasinetti index in Latin America 139 Noemi Levy-Orlik and Jorge Bustamante 8 Why central bank policy is not income-distribution ‘neutral’: history, theory and practice 164 Mario Seccareccia and Guillermo Matamoros Romero PART III POLICY 9 Advancing the monetary policy toolkit through outright transfers and tiered reserve remuneration 191 Sascha Bützer 10 On interest and interest-rate policy 242 Massimo Pivetti 11 The distributional impacts of inflation-targeting strategies 261 Sergio Rossi Index

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Book SynopsisPart of The Elgar Series on Central Banking and Monetary Policy, this book explores the relationship between central banking, monetary policy and the economy at large. It focuses on the specific relationship between central banking, monetary policy and social responsibility as central banks wake up to new realities.The book examines this relationship not only in connection to the economic, monetary and financial impact of the so-called ‘unconventional’ monetary policies, but also in connection to the functioning of today’s democracies. A new framework and model for central banking is proposed in this rethinking of monetary policy, and the role of central banks as institutions in democracies is considered.Scholars and students interested in central banking and monetary policy, the issue of social responsibility and the relationship between central banks and democracy will benefit from the ideas presented by the editors and authors of Central Banking, Monetary Policy and Social Responsibility.Trade Review‘For the first time in decades, the very purpose of central banking is being debated again, and this time round not only by economists. Reflecting the debate’s breadth, this book will be useful for anyone who wants to form their own views before events drive the answers.’ -- Paul Tucker, Harvard Kennedy School, US, author Unelected Power and former central banker‘This book, a new look at central banks, could not be more timely. The Great Financial Crisis of 2007-2009 and the global Covid pandemic have been among the greatest economic and social challenges to hit the world's economies since the Second World War. As if these were not enough, the global climate crisis (along with the threat of nuclear annihilation) is the worst existential threat society has faced, perhaps in millennia. Central Banks, as one of the most powerful macroeconomic institutions in most countries, have been thrust into the position of needing to help ameliorate these unprecedented problems, and for most, these present dilemmas far beyond traditional trade-offs between inflation and unemployment. How are central banks dealing with these new, highly consequential issues? How should they deal with them? In this book, a refreshing variety of authors – some seasoned, some relatively new, and as a group coming from a range of backgrounds and places – take a number of fresh, thoughtful and thought-provoking looks at contemporary central banks as they grapple with these problems. All students of central banking, and anyone concerned about these major problems, will find something important and valuable in these pages. They can bank on it.’ -- Gerald Epstein, University of Massachusetts Amherst, US‘Central banks are institutions that wield extraordinary power on the economy, whose independence from political pressures has been lauded by professional economists for decades. Yet, the forceful responses by central banks during the Covid-19 and the Global Financial Crisis, have also raised the discomfort with such unelected powerful economics institutions. Central Banking, Monetary Policy and Social Responsibility reveals how professional economists are revisiting their previously held belief, how central banks themselves are coping, and perhaps ought to be coping with this issue. In it, economists and former central bankers are forced to bare their soul and expose their true values. A must read.’ -- Nadine Baudot-Trajtenberg, Former Deputy Governor of the Bank of Israel and Reichman University, IsraelTable of ContentsContents: Introduction to Central Banking, Monetary Policy and Social Responsibility 1 Guillaume Vallet, Sylvio Kappes and Louis-Philippe Rochon 1 Will central bank independence withstand political pressure? 20 Charles Goodhart and Manoj Pradhan 2 Some of the effects of monetary structures, politics, and memories on central banking 35 John H. Wood 3 The whys and how of central bank independence: from legal principles to operational accountability 57 Maqsood Aslam, Etienne Farvaque and Piotr Stanek 4 Bankocracy, or a new age of the European Central Bank 74 Marie Cuillerai 5 Central banking and inequalities: old tropes and new practices 88 François Claveau, Clément Fontan, Peter Dietsch and Jérémie Dion 6 Making environments safer: a safe asset for a green (and financial) new deal and for more responsible central banks – what could, and should, the ECB do? 112 Massimo Amato and Lucio Gobbi 7 Masters of the game: the power and social responsibility of central banks and central bankers in a democracy 136 Louis-Philippe Rochon and Guillaume Vallet 8 The past is already gone, the future is not yet here: the case of the Federal Reserve’s system of money management 159 Jong-Un Song 9 Precautionary monetary policy and democratic legitimacy: tensions and openings 172 Rob Macquarie 10 The social sources of “unelected power”: how central banks became entrapped by infrastructural power and what this can tell us about how (not) to democratize them 195 Timo Walter Index 219

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Book SynopsisMalcolm Torry explores Citizen's Basic Income - an unconditional income for every individual - moving the reader from a basic understanding of the concept to an in-depth recognition of its wide-ranging implications. Torry examines debates around the desirability, feasibility and implementation of a Citizen's Basic Income, and how this idea is becoming increasingly widespread. This Modern Guide presents a comprehensive treatment of Citizen's Basic Income, first offering insight into the language surrounding it, and moving through a number of key disciplinary perspectives, including sociology, politics, economics and law. Each chapter discusses an academic discipline, looking at relevant aspects of the debate to understand how the discipline enhances knowledge of Citizen's Basic Income, and how discussion around the topic can contribute to the academic discipline. Containing detailed case studies in each chapter, this book will be helpful to a wide variety of scholars and students wanting a broader knowledge of Citizen's Basic Income. It will also be useful to policymakers who wish to engage in the debate on the potential benefits and drawbacks of a Citizen's Basic Income.Trade Review‘Malcolm Torry’s A Modern Guide to Citizen’s Basic Income is a welcome addition for any student of this concept. Torry maintains an objective balance in analysing the merits of the concept and he addresses many of the critiques levelled against it throughout the book. One of the truly refreshing aspects of this book is the heterodox treatment applied in attempting to understand and critique the idea of CBI.’ -- Arya Pillai, International Review of Public Policy‘Malcolm Torry is one of the most prolific, well-rounded, and knowledgeable researchers in the field of Basic Income. No one is better placed to write a multidisciplinary guide to the topic.’ -- Karl Widerquist, Georgetown University, Qatar'Malcolm Torry has been at the forefront of the British campaign for a universal basic income for more than 30 years. This new book explores how twelve academic disciplines - from ethics and psychology to history and law - shed light on the idea. For students and researchers looking to engage with the growing debate on UBI, Torry's book provides a very good place to start.' --Peter Sloman, University of Cambridge, UK'Malcolm Torry is one of the most prolific, well-rounded, and knowledgeable researchers in the field of Basic Income. No one is better placed to write a multidisciplinary guide to the topic.' --Karl Widerquist, Georgetown University, Qatar'Amid the recent explosion of scholarship on basic income Malcolm Torry has found a novel approach to exploring its theory and practice: an exploration of basic income through different disciplinary perspectives.' --Almaz Zelleke, New York University Shanghai, ChinaTable of ContentsContents: Preface 1. Introduction to a multidisciplinary study of Citizen’s Basic Income 2. The language of Citizen’s Basic Income 3. Histories of Citizen’s Basic Income 4. The ethics of Citizen’s Basic Income 5. The economics of Citizen’s Basic Income 6. The psychology of Citizen’s Basic Income 7. The social psychology of Citizen’s Basic Income 8. The sociology of Citizen’s Basic Income 9. Citizen’s Basic Income as social policy 10. The social administration of Citizen’s Basic Income 11. The politics of Citizen’s Basic Income 12. The political economy of Citizen’s Basic Income 13. The law of Citizen’s Basic Income 14. Conclusion Bibliography Index

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Book SynopsisThis volume of Research on Economic Inequality contains research on how we measure poverty, inequality and welfare and how these measurements contribute towards policies for social mobility. The volume contains eleven papers, some of which focus on the uneven impact of the Covid-19 pandemic on poverty and welfare. Opening with debates on theoretical issues that lie at the forefront of the measurement of inequality and poverty literature, the first two chapters go on to propose new methods for measuring wellbeing and inequality in multidimensional categorical environments, and for measuring pro-poor growth in a Bayesian setting. The following three papers present theoretical innovations for measuring poverty and inequality, namely, in estimating the dynamic probability of being poor using a Bayesian approach, and when presented with ordinal variables. The next three chapters are contributions on empirical methods in the measurement of poverty, inclusive economic growth and mobility, with a focus on India, Israel and a unique longitudinal dataset for Chile. The volume concludes with three chapters exploring the impact of the Covid-19 pandemic as an economic shock on income and wealth poverty in EU countries and in an Argentinian city slum.Table of ContentsIntroduction; Sanghamitra Bandyopadhyay Chapter 1. Multilateral Wellbeing And Inequality Measurement With Ordered Categorical Data: Health, Consumption And The Ageing Process In China; Gordon Anderson and Rui Fu Chapter 2. Bayesian Inference For Parametric Growth Incidence Curves; Edwin Fourrier-Nicolaï and Michel Lubrano Chapter 3. Modeling Household Poverty Status Using Repeated Cross-Sectional Surveys; Maria Grazia Pittau, Roberto Zelli, and Saida Ismailakhunova Chapter 4. On The Measurement Of Health Poverty In The Case Of Ordinal Variables:The Case Of 29 European Countries In 2009 And 2018; Pudarik Mukhopadhaya and Jacques Silber Chapter 5. Maximum Inequality: The Case Of Categorical Data; Frank A Cowell and Emmanuel Flachaire Chapter 6. Multidimensional Poverty And Inclusive Growth In India: An Analysis Using Growth Elasticities; Suman Seth and Sabina Alkire Chapter 7. On The Measurement Of Relative, Absolute And Intermediate Pro-Middle Class Growth; Jacques Silber and Osnat Peled Chapter 8. Poverty Traps And Affluence Shields: Modelling The Persistence Of Income Position In Chile; Joaquín Prieto-Suarez Chapter 9. Poverty In The COVID-19 Era: Real Time Data Analysis On Five European Countries; Giorgia Menta Chapter 10. Finances Of European Households Throughout The Pandemic; Romina Gambacorta, Alfonso Rosolia, and Francesca Zanichelli Chapter 11. The Covid-19 crisis and lockdown measures: A portrait from a slum in urban Argentina; Martin Jose Napal, Maria Emma Santos, and Gimena Ramos

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Book SynopsisCurrently, works on poverty constitute only a small part of contemporary economic research; however, the field of poverty and deprivation is undoubtedly one rising in popularity and relevance. Encompassing chapters that address both unidimensional and multidimensional poverty, this timely Research Handbook explores all aspects of poverty and deprivation measurement, not only detailing broad issues but also scrutinising specific domains and aspects of poverty, such as health, energy and housing.Succinct and highly focused, it brings together a diverse range of authors to employ a combination of theoretical and empirical methodologies to offer well-rounded explorations of complex topics. Expansive in scope, the Research Handbook includes case studies that examine poverty across the globe, with a particular focus on covering Africa, China, India and Latin America, producing a comprehensive, rigorous and interdisciplinary resource. The Research Handbook will be an invaluable resource for not only economics researchers and graduate students but also policy makers dealing with issues related to poverty and deprivation. Chapters are designed to provide the reader with foundational knowledge of a topic that they can subsequently deepen by exploring the cited literature.Trade Review‘Jacques Silber’s Research Handbook on Measuring Poverty and Deprivation is a monumental achievement. Its 67 chapters – plus introduction and epilogue – cover virtually every important topic in the contemporary measurement and economic analysis of poverty, with every single chapter written by leading experts in the field.’ -- Francisco H. G. Ferreira, London School of Economics, UKThis Research Handbook on Measuring Poverty and Deprivation, edited by Professor Jaques Silber, is unique in its structure and in the breadth and depth of topics covered. True to the old phrase, good things come in small packages, the Handbook presents bite sized chapters imparting the wisdom of over a hundred eminent researchers in this field. The Handbook is encyclopedic as it covers: uni- and multidimensional measures of poverty; poverty in specific domains including health, education, energy, housing and water; poverty among children, adults and the elderly; national, regional and global poverty; and, finally, interrelationships between poverty and economic insecurity, gender, mortality and inequality of opportunity. The Handbook also includes specialized statistical topics such as small area estimation; Bayesian approach; and standard errors associated with poverty measures. Researchers, analysts, policy makers and graduate students will find the treasure of information invaluable and the Handbook indispensable. -- D.S. Prasada Rao, The University of Queensland, Australia‘Jacques Silber’s Handbook constitutes a veritable intellectual treat to all those interested in poverty measurement.' -- From the epilogue by Nora Lustig, Tulane University, US‘This is an impressive volume in its broad coverage of poverty analysis from different perspectives. It should be useful for all who are working in this area and practitioners interested in the practical applications of theoretical models of poverty analysis, particularly, for policy purposes.' -- Satya R. Chakravarty, Indian Statistical Institute, and Indira Gandhi Institute of Development Research, India‘Jacques Silber deserves much credit for assembling a comprehensive and informative collection of papers on measuring poverty and extreme inequality by a first-rate and diverse collection of authors ... It will long influence the evolution of the field.’ -- from the foreword by James J. Heckman, University of Chicago, USTable of ContentsContents: Foreword by James J. Heckman xix Introduction to the Research Handbook on Measuring Poverty and Deprivation 1 Jacques Silber PART I UNIDIMENSIONAL POVERTY AND DEPRIVATION Section I.1 Conceptual Issues 1 The income and consumption approach to unidimensional poverty measurement 8 Massimo Aprea and Michele Raitano 2 The subjective approach to uni- and multidimensional poverty 19 Ada Ferrer-i-Carbonell 3 Relative income and the relative deprivation hypothesis 28 Elena Bárcena-Martín and Beatriz Benítez Aurioles 4 Income-dependent equivalence scales and choice theory: implications for poverty measurement 39 Christos Koulovatianos and Carsten Schröder 5 On the poverty line 50 Gaurav Datt and Peter Lanjouw 6 Measuring global poverty 60 Andrea Brandolini and John Micklewright 7 The axiomatic approach to unidimensional poverty 70 Casilda Lasso de la Vega 8 Poverty measurement and stochastic dominance 82 Buhong Zheng 9 Measuring poverty with an ordered-categorical variable 95 Suman Seth Section I.2 Statistical Issues 10 Measuring unidimensional poverty: a review of the inference literature 106 Chiara Gigliarano and Pietro Muliere 11 The recentered influence function and unidimensional poverty measurement 118 Carlos Gradín 12 Small area methodology for measuring poverty at a local level 129 Monica Pratesi and Francesco Schirripa Spagnolo 13 Regression-based imputation for poverty measurement in data-scarce settings 141 Hai-Anh H. Dang and Peter F. Lanjouw 14 Poverty measurement under income and price dispersion 151 Christophe Muller 15 Bottom incomes and the measurement of poverty 161 Lidia Ceriani, Vladimir Hlasny and Paolo Verme 16 Mixture models and poverty measurement 171 Gordon Anderson, Grazia Pittau and Roberto Zelli PART II INCOME POVERTY OVER TIME 17 Chronic poverty measures 181 Aaron Nicholas and Ranjan Ray 18 Measuring poverty persistence 192 Alessio Fusco and Philippe Van Kerm PART III MEASURING POVERTY IN SPECIFIC DOMAINS AND FOR PARTICULAR POPULATION SUBGROUPS 19 Health poverty 202 Bénédicte Apouey and David Madden 20 Towards a right to learn: concepts and measurement of global education poverty 212 Michelle Kaffenberger, Lant Pritchett and Martina Viarengo 21 Energy poverty 224 Mara Hammerle, Rohan Best and Pundarik Mukhopadhaya 22 Food insecurity and poverty 234 Kenneth Harttgen and Johannes Seiler 23 Water poverty 243 Tomson Ogwang and Danny I. Cho 24 Housing poverty 252 Luis Ayala and Carolina Navarro 25 Health insurance and poverty measurement 262 Dahlia K. Remler and Sanders Korenman 26 Child malnutrition 273 Mohamad A. Khaled, Paul Makdissi and Myra Yazbeck 27 Financial exclusion and the importance of financial literacy 283 María José Roa and Alejandra Villegas 28 Measuring child poverty 298 Lucia Ferrone and Alessandro Carraro 29 Elderly poverty and its measurement 307 Yoko Niimi and Charles Yuji Horioka 30 Poverty of time 316 Ajit Zacharias 31 The decomposition of unidimensional poverty measures 326 Oihana Aristondo PART IV MEASURING MULTIDIMENSIONAL POVERTY Section IV.1 Conceptual Issues 32 The Alkire and Foster approach to measuring multidimensional poverty 344 Maria Emma Santos 33 An alternative to Alkire and Foster’s framework for measuring multidimensional deprivation 355 Prasanta K. Pattanaik and Yongsheng Xu 34 The European Union’s approach to multidimensional poverty measurement 368 Anne-Catherine Guio 35 Complements, substitutes and multidimensional deprivation measurement 378 Iñaki Permanyer 36 Prioritarianism and poverty measurement 388 Kristof Bosmans, Luc Lauwers and Erwin Ooghe 37 Multidimensional poverty measurement and preferences 401 François Maniquet 38 The measurement of asset and wealth poverty 410 Francisco Azpitarte and Gaston Yalonetzky 39 Multidimensional poverty and deprivation: using individual versus household data 420 José Espinoza-Delgado and Sebastian Vollmer 40 Poverty measurement for forcibly displaced populations: challenges and prospects of a new field 430 Paolo Verme 41 Robustness methods in the counting approach to multidimensional poverty measurement 439 Gaston Yalonetzky and Francisco Azpitarte 42 The decomposition of multidimensional poverty measures 450 Martyna Kobus Section IV.2 Statistical Issues 43 Statistical issues in multidimensional poverty measurement: redundancy analysis 463 Paola Ballon 44 The Bayesian approach to poverty measurement 475 Michel Lubrano and Zhou Xun Section IV.3 Multivariate Approaches to Poverty Measurement 45 The fuzzy approach to poverty measurement 489 Gianni Betti, Antonella D’Agostino, Achille Lemmi and Laura Neri 46 Efficiency analysis and poverty measurement 501 Gordon Anderson 47 The order of acquisition of assets and deprivation 511 Joseph Deutsch and Jacques Silber PART V POVERTY MEASUREMENT AND RELATED TOPICS 48 Measuring vulnerability to poverty: a unified framework 523 Indranil Dutta and Ajit Mishra 49 Economic insecurity and poverty 535 Olga Cantó and Marina Romaguera-de-la-Cruz 50 Engel curves, spending diversity and welfare measurement 544 Andreas Chai and Elena Stepanova 51 Gender and poverty measurement 553 Sarah Bradshaw and Brian Linneker 52 Poverty and inequality of opportunity 563 Xavi Ramos and Dirk Van de gaer 53 Mortality and poverty measurement 572 Benoit Decerf PART VI PRO-POOR GROWTH 54 Pro-poor growth 583 Nanak Kakwani 55 Pro-poor growth in a multidimensional context 594 Florent Bresson PART VII POVERTY MEASUREMENT AROUND THE WORLD 56 Poverty in Europe 605 Marek Kośny 57 A comparison of income poverty measurement in Canada and the United States 613 Thesia I. Garner, Shelly Phipps and Trudi Renwick 58 Poverty in Russia: a bird’s-eye view of trends and dynamics in the past quarter of a century 627 Kseniya Abanokova and Hai-Anh H. Dang 59 Poverty in China 636 Guanghua Wan, Yuan Zhang and Xiaoshan Hu 60 Poverty in Japan 646 Kouhei Komamura and Kuriko Watanabe 61 Poverty in India 654 Shatakshee Dhongde 62 Poverty and inequality in Australia, 2001–2018 663 Alessio Rebechi and Nicholas Rohde 63 Poverty in Latin America 673 Leonardo Gasparini, Maria Emma Santos and Leopoldo Tornarolli 64 Poverty in Western and Central Asia 685 Alan Fuchs Tarlovsky and Maria Fernanda Gonzalez Icaza 65 Poverty in Southeast Asia 696 Duangkamon Chotikapanich and William Griffiths 66 Levels and trends in multidimensional poverty in Algeria, Iraq and Tunisia, using a counting-based approach 710 Valérie Bérenger 67 Poverty in Africa 722 Almas Heshmati and Mekonnen Bersisa Epilogue by Nora Lustig 733 Index 737

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Book SynopsisThis invigorating book approaches social policy as a response to socioeconomic tensions and conflicts brought about by capitalist development, exploring how such policy reflects and shapes the world of work and socioeconomic life. Ayşe Buğra presents a historical overview of the ideas and politics of social policy in a discussion framed around the interrelated questions of poverty, work and inequality. Tracing the origins of modern social policy back from the early capitalist societies of Europe to the present era of global neoliberal capitalism, Buğra explores the debates on social assistance, labour market regulation and social risk protection in different phases of capitalist history. Chapters discuss liberal, conservative and socialist imaginations of society and conceptualisations of social justice, highlighting the complexity of the conflicts and alliances shaping the politics of social policy. The book ultimately draws attention to the contemporary relevance of the history of social policy and politics for the current state of global politics, marked by the rise of authoritarian populist trends. Bringing a unique perspective to critical scholarship on capitalism, Social Policy in Capitalist History will prove indispensable to academics and postgraduate students of economic history and sociology, social policy, industrial and employment relations and political economy.Trade Review‘In a masterful historical sweep, Ayse Bugra presents a political-economic theory of social policy, its doctrine and practice in the critical intersection between capitalism and society, retracing its development from the early modern period to today’s end of globalization as we know it.’ -- Wolfgang Streeck, Max Planck Institute for the Study of Societies, Cologne, Germany‘This insightful book serves as a timely reminder of the profound influence of ideas in shaping the evolution of social policy, especially in an era marked by a dearth of reasoned alternatives to the prevailing global order that is marred by inequality and insecurity. This book offers a unique perspective on the inherently political nature of social policy debates, anchoring them within the historical context of capitalism, including the post-Second World War transformations in peripheral economies.’ -- Volkan Yilmaz, Ulster University, Northern Ireland, UK‘Most social theorists and economists would agree that government programs to help the poor, the sick, the unemployed, and the old are part and parcel of a capitalist economy. Any workable form of capitalism requires society to be sheltered from the extreme risks it would otherwise be exposed to from unregulated markets. But as Ayşe Buğra’s fascinating book shows, the specific form that social policy should take under capitalism is unclear and has long been contested. Buğra provides a thorough and incisive account of the intellectual history of social policy, from the 16th century to our post-pandemic economy.’ -- Dani Rodrik, Harvard University, USTable of ContentsContent: Introduction to Social policy in capitalist history 1 From charity reform to the New Poor Law 2 On equality, class and classical political economy precepts 3 From the post-Second World War ‘restoration of habitation’ to the crisis of the restoration 4 Social policy in a globalized economy: neoliberalsim, crisis and response Conclusion Bibliography

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Book SynopsisThe Covid-19 pandemic has brought the nagging issue of the Global South's debt back into the spotlight. With declining export earnings and tax revenues, many countries in Africa, Latin America and Asia have found themselves objectively unable to service their foreign currency debt. This situation, reminiscent of the international debt crisis of the 1980s and 1990s, is the backdrop of the 38th volume of the Research in Political Economy series edited by Ndongo Samba Sylla. In Imperialism and the Political Economy of Global South’s Debt, expert contributions connect the history of this issue with a range of factors including class dynamics, the changing landscape of sovereign debt markets, the global liquidity cycle, the enduring constraints of commodity dependence, ecological sustainability and the limitations of the current ad hoc sovereign debt restructuring procedures. In contrast to orthodox accounts that view debt crises in the Global South as a cyclical problem or as consequences of 'mismanagement' or 'fiscal irresponsibility'. Imperialism and the Political Economy of Global South’s Debt recognises the systemic nature of the Global South’s external debt, revealed only further by the economic uncertainty of the Covid-19 pandemic, as well as the need to analyse it in relation to existing imperialist structures.Table of ContentsPart 1: Case Studies Chapter 1. The Political Economy of Debt in the Global South: The Case of Argentina (2001–2022); Juan E. Santarcángelo and Juan Manuel Padín Chapter 2. Can debt be sustainable, if life isn’t? Argentina’s debt crisis and social reproduction; Mariano Féliz Chapter 3. Colonial Hangover in Global Financial Markets: Eurobonds, China, and African Debt; Olufunmilayo Arewa Chapter 4. Tightening the Grip: Foreign Creditors and Sudan’s Political Transition (2019-2022); Harry Cross Part 2: The Elusive Quest for a Sovereign Debt Restructuring Mechanism Chapter 5. Refusing to improve: sovereign debt and the political economy of inertia in UNCTAD 1964 – 1979; Christina Laskaridis Chapter 6. Limits of sovereign debt restructuring mechanisms and possible alternatives; Milan Rivie Part 3: Foreign Debt, Development and Imperialism Chapter 7. Managing the balance-of-payments constraint: dilemmas and perspectives; Basil Oberholzer Chapter 8. Imperialism and Global South’s Debt: Some insights from MMT, Ecological Economics and Dependency Theory; Ndongo Samba Sylla Chapter 9. China and Debt-Trap Diplomacy: A Brief Assessment; Shalendra Sharma

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Book SynopsisElgar Research Agendas outline the future of research in a given area. Leading scholars are given the space to explore their subject in provocative ways, and map out the potential directions of travel. They are relevant but also visionary. Highlighting the diversity and complexity of the global Basic Income debate, Malcolm Torry assesses the history, current state, and future of research in this important field. Cognisant of the increasing extent and intensity of the current Basic Income debate, Torry begins by defining relevant key terms. Each chapter offers a concise history of a particular subfield of Basic Income research, describes the current state of research in that area, and makes proposals for the research required if the increasingly widespread global debate on Basic Income is to be constructive. Subsequent chapters tackle research on financial and political feasibility; employment market effects; other economic and social effects; ethical justifications for paying everyone an unconditional income; and questions of implementation.This state-of-the-art Research Agenda will be of great value to students and scholars interested in social and economic history, the economics of social policy, and a Universal Basic Income. Its proposed strategies for carrying out future research on Basic Income will also benefit journalists, think tank staff, and policymakers.Trade Review‘The idea of an unconditional Basic Income is now discussed all over the world and it raises many questions, sociological and political as well as economic and administrative. Some of them are universal, others are country-specific. In the process of identifying the most important unanswered questions, Malcolm Torry provides a lucid, splendidly informed overview of what we currently know about the many versions of Basic Income and their likely effects.’ -- Philippe Van Parijs, University of Louvain, Belgium and Basic Income Earth Network‘Malcolm Torry’s knowledge of Basic Income research is encyclopaedic and probably unrivalled. Supporters and detractors of Basic Income alike will find much to stimulate new research enquiries in his latest work, which artfully navigates the varied outputs of the host of different disciplines now engaged in Basic Income studies. It combines conceptual clarity with a practical orientation to reform.’ -- Nick Pearce, University of Bath, UKTable of ContentsContents: Preface 1. Introduction to A Research Agenda for Basic Income 2. What is a Basic Income? 3. How could we pay for a Basic Income? 4. Employment market effects of a Basic Income 5. Economic effects of a Basic Income 6. Social effects of a Basic Income 7. What do people think of Basic Income? 8. Can we justify paying everyone a Basic Income? 9. Is a Basic Income politically feasible? 10. How would we implement a Basic Income? 11. Conclusion to A Research Agenda for Basic Income Bibliography Index

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Book SynopsisThis thoroughly updated second edition incorporates key ideas and discussions on issues such as wider economic impacts, the treatment of risk and the importance of institutional arrangements in ensuring the correct use of technique. Ginés de Rus considers whether public decisions, such as investing in high-speed rail links, privatizing a public enterprise or protecting a natural area, may improve social welfare.Key features include: A comprehensive overview of the philosophy of the Cost-Benefit Analysis approach to appraisal to engage students with a basic model for informing responsible decision-making Expert blending of relevant case studies with insightful analysis, enabling students to see the model's application to real-world scenarios An accessible and readable style, which encourages classroom discussions as well as insights for the practical application of this economic tool. Introduction to Cost-Benefit Analysis is an ideal textbook for graduate and advanced undergraduate students of economics, engaging with important ideas and the latest thinking in the field. It will also benefit economists and practitioners involved in the economic evaluation of projects.Trade ReviewAcclaim for the first edition:‘In Introduction to Cost–Benefit Analysis, Ginés de Rus provides the conceptual foundations of a cost–benefit analysis undertaken for public investments…This book serves well as an introductory textbook for courses in urban planning, public economics, and policy and program evaluation for advanced undergraduate and graduate students…economists may find it useful as a guide to the basics of cost–benefit analysis’ -- Uma Kelekar, Journal of Planning Education and Research‘Ginés de Rus has produced an excellent book which will be very useful to advanced undergraduate and graduate students in public economics as well as to professional economists working with project evaluations. The book can serve as a manual for how to undertake best-practice project analysis within a broad range of projects but in particular within the transportation sector. This text is highly recommended.’ -- Per-Olov Johansson, Stockholm School of Economics, Sweden‘This book shows that cost–benefit analysis does not need to be an esoteric and arcane subject. In a step-by-step presentation, with little more than introductory microeconomics, some clear reasoning, and many examples, Professor Ginés de Rus presents the essentials of applied welfare economics concepts. Any undergraduate student or practitioner who wants to start their training in CBA should consider reading this text.’ -- Massimo Florio, University of Milan, Italy

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Book SynopsisCan we really end poverty in Britain?Yes, we can.In this groundbreaking book, Helen Rowe brings together the latest research with stories from across Britain to show us that ending poverty in the twenty-first century is possible. She describes the effects of deprivation on our society, institutions, communities, families and individuals – down to their very DNA.By using a combination of compassion, focus and a plan, Rowe describes how we can end poverty in five years, without raising taxes. Her radical ideas are grounded in practical realities, as she reveals how ordinary processes can yield extraordinary results.This book has huge ramifications for Britain and every developed nation globally. It will force governments to face an issue that has been ignored for too long. After Covid-19, Brexit, war, austerity and the global financial crash, Britain deserves a more positive future. How do we create it? Eliminating Poverty in Britain has the answers.Trade ReviewA vital and comprehensive study of class inequality that commands your attention from start to finish. - DARREN McGARVEY, Orwell Prize winner and author of Poverty Safari

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Book SynopsisThis collected edition provides practical and effective strategies to fight poverty and advance long-term sustainable development. Authors aim to close the gap between research and practice by offering practical advice and best practices for tackling poverty in an inclusive and sustainable manner.

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Book SynopsisUnderstanding the complex dimensions of global poverty is crucial for tackling its diverse challenges. While poverty manifests differently across regions and countries, several common factors contribute to its multi-dimensional nature on a global scale. Delving into these dimensions provides insights essential for crafting effective policies and interventions to address its root causes.The editors of Understanding the Multi-Dimensional Nature of Poverty take a holistic approach to poverty, recognizing interconnected factors. By viewing poverty beyond income alone, the authors in this collection aid in developing more effective strategies for combating poverty and fostering a fairer, more prosperous future. The work begins with a historical perspective on poverty measurement, then introduces multidimensional poverty, with case studies on income and educational disparities, inadequate healthcare, and successful health interventions in impoverished settings. It also exa

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Book SynopsisThis important research literature review discusses some of the most prominent literature in the field of individual choice and economic welfare. It analyses material exploring how economics as a scientific enterprise may inform political decision-making. The premise is explored paradigmatically through different interpretations including utility-individualism in the context of welfare economics, preference-individualism in social choice theory, and choice-individualism in constitutional economics. The review covers the foundational literature as well as contemporary pieces, which have sparked further discussion in the field. This review will be valuable to researchers and scholars alike as well as to all those gravitating towards this fascinating topic.

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Book SynopsisThis thoroughly updated second edition incorporates key ideas and discussions on issues such as wider economic impacts, the treatment of risk and the importance of institutional arrangements in ensuring the correct use of technique. Ginés de Rus considers whether public decisions, such as investing in high-speed rail links, privatizing a public enterprise or protecting a natural area, may improve social welfare.Key features include: A comprehensive overview of the philosophy of the Cost-Benefit Analysis approach to appraisal to engage students with a basic model for informing responsible decision-making Expert blending of relevant case studies with insightful analysis, enabling students to see the model's application to real-world scenarios An accessible and readable style, which encourages classroom discussions as well as insights for the practical application of this economic tool. Introduction to Cost-Benefit Analysis is an ideal textbook for graduate and advanced undergraduate students of economics, engaging with important ideas and the latest thinking in the field. It will also benefit economists and practitioners involved in the economic evaluation of projects.Trade ReviewAcclaim for the first edition:‘In Introduction to Cost–Benefit Analysis, Ginés de Rus provides the conceptual foundations of a cost–benefit analysis undertaken for public investments…This book serves well as an introductory textbook for courses in urban planning, public economics, and policy and program evaluation for advanced undergraduate and graduate students…economists may find it useful as a guide to the basics of cost–benefit analysis’ -- Uma Kelekar, Journal of Planning Education and Research‘Ginés de Rus has produced an excellent book which will be very useful to advanced undergraduate and graduate students in public economics as well as to professional economists working with project evaluations. The book can serve as a manual for how to undertake best-practice project analysis within a broad range of projects but in particular within the transportation sector. This text is highly recommended.’ -- Per-Olov Johansson, Stockholm School of Economics, Sweden‘This book shows that cost–benefit analysis does not need to be an esoteric and arcane subject. In a step-by-step presentation, with little more than introductory microeconomics, some clear reasoning, and many examples, Professor Ginés de Rus presents the essentials of applied welfare economics concepts. Any undergraduate student or practitioner who wants to start their training in CBA should consider reading this text.’ -- Massimo Florio, University of Milan, Italy

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Book SynopsisThis insightful book provides a comprehensive analysis of the nationwide randomised Finnish basic income experiment 2017 to 2018, from planning and implementation through to the end results. It presents the background of the social policy system in which the experiment was implemented and details the narratives of the planning process alongside its constraints, as well as a final evaluation of the results.Empirical chapters analyse the outcomes of the experiment in relation to the employment, health and well-being, in various forms, of the recipients of unconditional income transfer. Phenomenological aspects of living on basic income, based on face-to-face interviews, are also reported, as well as media discourse on the experiment and its results. This thought-provoking book concludes with an examination of the political feasibility of basic income in Finland.Offering important lessons on the planning and implementation of such experiments in a developed welfare state, this unique book will be a vital resource for scholars and students of social policy, welfare economics, basic security and basic income.Trade Review‘...a highly insightful and easy-to-read study of an experiment considering the implications of BI.’ -- Floriane Geels, European Journal of Social Security‘The editors of this brilliant volume argue that basic income is the ‘‘money of trust‘‘. Basic income advocates and critics alike will read this book to unpack and correct the media portrait of an ambitious experiment designed to determine the extent to which we can or should trust one another and our social institutions. Researchers will be, by turns, fascinated and terrified by the “politics” of conducting controversial social experiments on vulnerable human beings under the gaze of the international media.‘Table of ContentsContents: 1 Introduction to the journey of the Finnish basic income experiment 1 Olli Kangas, Signe Jauhiainen, Miska Simanainen and Minna Ylikännö 2 The Finnish social security system: Background to the Finnish basic income experiment 6 Olli Kangas and Miska Simanainen 3 Making of the Finnish basic income experiment 18 Olli Kangas 4 Constitutional preconditions for the Finnish basic income experiment 37 Anna-Kaisa Tuovinen 5 Evaluation of the experiment 44 Signe Jauhiainen, Olli Kangas, Miska Simanainen and Minna Ylikännö 6 Basic income and employment 55 Minna Ylikännö and Olli Kangas 7 Subjective health, well-being and cognitive capabilities 71 Miska Simanainen and Annamari Tuulio-Henriksson 8 Financial well-being in basic income experiment 89 Maarit Lassander and Signe Jauhiainen 9 The bureaucracy of claiming benefits 106 Miska Simanainen 10 Trust, capabilities, confidence and basic income 117 Olli Kangas, Minna Ylikännö and Mikko Niemelä 11 What explains the popular support for basic income? 134 Miska Simanainen and Olli Kangas 12 Life on basic income – Interview accounts by basic income experiment participants on the effects of the experiment 150 Helena Blomberg, Christian Kroll and Laura Tarkiainen 13 Media coverage of the Finnish basic income experiment 169 Katja Mäkkylä 14 The feasibility of universal basic income 187 Olli Kangas Index

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Book SynopsisThis ground-breaking book expertly brings together the many effective dementia interventions to reduce the symptoms of this debilitating condition and also, for the first time, a Cost-Benefit Analysis of those interventions to establish whether the benefits outweigh the costs. Focussing on new interventions such as years of education, medicare eligibility, hearing aids and vision correction, Robert Brent also takes an innovative look at the need to reduce elder abuse and initiate an international convention for human rights. Cost-Benefit Analysis and Dementia takes an insightful look at dementia by using a behavioural definition and explaining how the symptoms can affect daily life activities, rather than just using the medical definition. It examines the causality of dementia interventions to establish their effectiveness, dealing with the risk factors and expanding the current list of interventions. Furthermore, it provides an in-depth three-step procedure for evaluating the monetary benefits of those interventions to establish whether these are found to be socially worthwhile. Written in a comprehensive, yet accessible style, this book will be an excellent resource for economists interested in the Cost-Benefit Analysis of dementia care. Healthcare professionals and policymakers as well as non-professionals will find the different interventions discussed to reduce symptoms of dementia illuminating and informative.Trade Review‘The book offers a fascinating paradigm to reflect upon dementia interventions, promising to widen the lens of interested governments, public health and policy makers, as well as clinicians alike. By interlinking concepts of protecting human rights, preventing elder abuse, caring for persons living with dementia, all contributing to improving global health and economy, this book offers a solid rationale for an international United Nations convention on the human rights for older persons.’ -- Kiran Rabheru, University of Ottawa, Canada‘Robert Brent’s Cost-Benefit Analysis and Dementia provides a comprehensive and accessible examination of how economic tools can assist in making interventions for dementia more effective. Using state-of-the-art economic methods, Brent examines a broad range of efforts ranging from the role of Medicare eligibility to the importance of vision correction and hearing aids. Despite the rigorous attention to the costs and benefits of alternative policies, the book does not lose sight of concerns such as advocacy of broader protections for the human rights of those with dementia.’ -- W. Kip Viscusi, Vanderbilt Law School, USTable of ContentsContents: Preface PART I INTRODUCTION 1. Introduction to dementia, Cost-Benefit Analysis, and the new interventions 2. Measuring dementia symptoms PART II THE COST-BENEFIT ANALYSES 3. Years of education 4. Medicare eligibility 5. Hearing aids 6. Vision correction 7. Avoiding nursing homes PART III PUBLIC POLICY IMPLICATIONS OF DEMENTIA INTERVENTIONS 8. Elder abuse 9. Human rights Index

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Book SynopsisAt a time when political leaders of the member nations are not acting to strengthen the multilateral trading system via the World Trade Organization, it is worthwhile to reflect on the WTO's contributions to global welfare since its inception more than 65 years ago. This volume assembles seminal empirical studies which estimate the past and prospective, national and global economic welfare impacts of GATT/WTO-induced multilateral trade liberalizations. It also touches on the effects of the Uruguay Round's TRIPS Agreement on intellectual property rights, and the benefits from WTO accessions and trade facilitation initiatives. In his authoritative introduction, Professor Anderson points to the numerous additional contributions of the WTO (and its predecessor, the GATT) which, though difficult to quantify, are nonetheless of great value and highlights those areas where further empirical research could shed more light on the net benefits of this important institution.Table of ContentsContents: Acknowledgements Introduction Kym Anderson PART I MEASURING PRICE DISTORTIONS DUE TO TRADE-RELATED POLICIES 1. Bela Balassa (1971), ‘Effective Protection: A Summary Appraisal’ 2. Kym Anderson (2010), ‘Kruger, Schiff and Valdés Revisited: Agricultural Price and Trade Policy Reform in Developing Countries since 1960’ 3. Hiau Looi Kee, Alessandro Nicita and Marcelo Olarreaga (2009), ‘Estimating Trade Restrictiveness Indices’ 4. Tony Warren and Christopher Findlay (2000), ‘Measuring Impediments to Trade in Services’ PART II WELFARE EFFECTS OF REDUCING PRICE AND TRADE DISTORTIONS PRE-DOHA 5. John B. Shoven and John Whalley (1992), ‘Global Trade Models’ 6. K. Anderson and R. Tyers (1993), ‘More on Welfare Gains to Developing Countries from Liberalizing World Food Trade’ 7. Joseph F. Francois, Bradley McDonald and Håkan Nordström (1996), ‘The Uruguay Round: A Numerically Based Qualitative Assessment’ PART III EFFECTS OF THE TRADE-RELATED INTELLECTUAL PROPERTY RIGHTS (TRIPS) AGREEMENT 8. Phillip McCalman (2001), ‘Reaping What You Sow: An Empirical Analysis of International Patent Harmonization 9. Shubham Chaudhuri, Pinelopi K. Goldberg and Panle Jia (2006), ‘Estimating the Effects of Global Patent Protection in Pharmaceuticals: A Case Study of Quinolones in India’, PART IV POTENTIAL WELFARE EFFECTS OF A DOHA ROUND AGREEMENT A Measurement Issues 10. Dominque van der Mensbrugghe (2006), ‘Estimating the Benefits of Trade Reform: Why Numbers Change’ 11. Joseph F. Francois and Will Martin (2010), ‘Ex Ante Assessment of the Welfare Impacts of Trade Reforms with Numerical Models’ 12. Edward J. Balistreri, Russell H. Hillberry and Thomas F. Rutherford (2011), ‘Structural Estimation and Solution of International Trade Models with Heterogeneous Firms’ B Global Economy-wide Model Estimates 13. Joseph Francois, Hans van Meijl and Frank van Tongeren (2005), ‘Trade Liberalization in the Doha Development Round’ 14. Kym Anderson, Will Martin and Dominique van der Mensbrugghe (2006), ‘Doha Merchandise Trade Reform: What Is at Stake for Developing Countries?’ 15. David Laborde, Will Martin and Dominique van der Mensbrugghe (2011), ‘Potential Real Income Effects of Doha Reforms’ 16. Kym Anderson and Signe Nelgen (2011), ‘What’s the Appropriate Agricultural Protection Counterfactual for Trade Analysis?’ 17. L. Alan Winters, Terrie L. Walmsley, Zhen Kun Wang and Roman Grynberg (2003), ‘Liberalising Temporary Movement of Natural Persons: An Agenda for the Development Round’ 18. Dominique van der Mensbrugghe (2009), ‘The Doha Development Agenda and Preference Erosion: Modeling the Impacts’ PART V HISTORICAL ECONOMETRIC ANALYSES OF IMPACTS OF WTO ON TRADE 19. Andrew K. Rose (2004), ‘Do We Really Know That the WTO Increases Trade?’ 20. Arvind Subramanian and Shang-Jin Wei (2007), ‘The WTO Promotes Trade, Strongly but Unevenly’ 21. Michael Tomz, Judith L. Goldstein and Douglas Rivers (2007), ‘Do We Really Know That the WTO Increases Trade? Comment’ 22. Andrew K. Rose (2007), ‘Do We Really Know That the WTO Increases Trade? Reply’ 23. Jason H. Grant and Kathryn A. Boys (2012), ‘Agricultural Trade and the GATT/WTO: Does Membership Make a Difference?’ 24. Pao-Li Chang and Myoung-Jae Lee (2011), ‘The WTO Trade Effect’ PART VI BENEFITS FROM WTO ACCESSION 25. Zdenek Drabek and Marc Bacchetta (2004), ‘Tracing the Effects of WTO Accession on Policy-making in Sovereign States: Preliminary Lessons from the Recent Experience of Transition Countries’ 26. Elena Ianchovichina and Will Martin (2004), ‘Impacts of China’s Accession to the World Trade Organization’ 27. Thomas F. Rutherford and David G. Tarr (2008), ‘Poverty Effects of Russia’s WTO Accession: Modeling “Real” Households with Endogenous Productivity Effects’ 28. Man-Keung Tang and Shang-Jin Wei (2009), ‘The Value of Making Commitments Externally: Evidence from WTO Accessions’ 29. Kyle Bagwell and Robert W. Staiger (2011), ‘What Do Trade Negotiators Negotiate About? Empirical Evidence from the World Trade Organization’ PART VII BENEFITS FROM WTO-SPONSORED TRADE FACILITATION 30. Bernard Hoekman and Alessandro Nicita (2011), ‘Trade Policy, Trade Costs, and Developing Country Trade’ 31. J. Michael Finger (2008), ‘Trade Facilitation: The Role of a WTO Agreement’

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Book SynopsisGovernance is now a major topic in political science. To date, analysts of governance have paid scant attention to social policy or welfare state reform. In this book, the concept of governance is used to analyse the outgoing variety of the welfare mix as well as shifting responsibilities and modes of interaction. This unique and path-breaking work analyses the governance of welfare state reform in the areas of health, pensions, labour market and education policy. The authors compare both the different processes of reform (politics) and the change of policies in different welfare state regimes. They question if the change of regulatory structures results in growing convergence or ongoing divergence of welfare states. Governance of Welfare State Reform will be essential reading for researchers and students interested in social policy and governance studies. Political scientists, sociologists and social policymakers will also find this book an invaluable read.Trade Review'A timely and empirically grounded contribution to the literature on welfare governance. Examining internationalisation, regionalisation, privatisation and re-regulation, the case study chapters open up important questions about converging and diverging governance practices.' -- Janet Newman, The Open University, UKTable of ContentsContents: 1. Introduction: Governance and Comparative Welfare State Research Irene Dingeldey and Heinz Rothgang PART I: CHANGES OF POLICY AND REGULATORY STRUCTURES 2. Converging Governance in Healthcare Systems? Heinz Rothgang 3. Vanishing Variety? The Regulation of Funded Pension Schemes in Comparative Perspective Thorsten Hippe 4. Changing Forms of Governance as Welfare State Restructuring: Activating Labour Market Policies in Denmark, the UK and Germany Irene Dingeldey 5. International Organisations as Governance Actors: The OECD in Education Policy Kerstin Martens and Anja P. Jakobi 6. Are Welfare States Converging? Recent Social Policy Developments in Advanced OECD Countries Peter Starke and Herbert Obinger PART II: THE POLITICS OF WELFARE STATE REFORM 7. Competitive Transformation and the State Regulation of Health Insurance Systems: Germany, Switzerland and the Netherlands Compared Thomas Gerlinger 8. Pension Politics in the 21st Century: From Class Conflict to Modernising Compromise? Giuliano Bonoli 9. Ideas and the Politics of Labour Market Reform Robert Henry Cox 10. Agenda Setting and Political Institutions in Education Policy: A Cross Country Comparison Michael Baggesen Klitgaard 11. Conclusion: The Governance of Welfare State Reform Heinz Rothgang and Irene Dingeldey Index

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Book Synopsis`In a world that is possibly threatened by catastrophic climate changes it is more important than ever to augment and modify current systems of national accounts so as to measure welfare in a dynamic context, i.e. move towards social accounting. This outstanding text written by leading names in the field covers all essential aspects of dynamic welfare theory and also goes beyond pure theory by providing discussion of how to go from theory to application.' - Per-Olov Johansson, Stockholm School of Economics, Sweden This concise Handbook examines welfare measurement problems in a dynamic economy, focusing on the welfare-economic foundations for social accounting. With environmental accounting becoming an increasingly important area of research, this timely Handbook assesses the ways in which the system of national accounts should be modified to accurately reflect the social value of economic activity, and how the comprehensive (or `green') net national product ought to be measured. It also addresses the principles for measuring welfare in a community at a given point in time, cost-benefit analysis for measuring welfare change and the principles for measuring sustainability, all of which have played important roles in the development of theories of social accounting. Covering a broad range of topics on environmental accounting such as endogenous risk and social accounting, money metrics welfare measures, public sector aspects of social accounting, dynamic cost-benefit analysis, and genuine saving, this unique Handbook will be a stimulating read for researchers and graduate students focusing on welfare economics and environmental economics.Trade Review‘In a world that is possibly threatened by catastrophic climate changes it is more important than ever to augment and modify current systems of national accounts so as to measure welfare in a dynamic context, i.e. move towards social accounting. This outstanding text written by leading names in the field covers all essential aspects of dynamic welfare theory and also goes beyond pure theory by providing discussion of how to go from theory to application.’ -- Per-Olov Johansson, Stockholm School of Economics, SwedenTable of ContentsContents: 1. An Introduction to the Theory of Social Accounting Thomas Aronsson and Karl-Gustaf Löfgren 2. The Money Metrics Problem in Dynamic Welfare Analysis Karl-Gustaf Löfgren 3. Welfare Measurement, Hyperbolic Discounting and Paternalism Kenneth Backlund and Tomas Sjögren 4. Dynamic Endogenous Risk and Social Accounting Ram Ranjan and Jason F. Shogren 5. Welfare Measurement and Public Goods in a Second-best Economy Thomas Aronsson 6. How are Green National Accounts Produced in Practice? Eva Samakovlis 7. The Theory of Dynamic Cost–Benefit Analysis: Some Recent Advances Chuan-Zhong Li 8. Some Dynamic Economic Consequences of the Climate-Sensitivity Inference Dilemma Martin L. Weitzman 9. Sustainable Consumption Programs John M. Hartwick 10. The Relationship Between Welfare Measures and Indicators of Sustainable Development Geir B. Asheim 11. Genuine Saving, Social Welfare and Rules for Sustainability Kirk Hamilton Index

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Book SynopsisThe Welfare State and Life Transitions uses the lens of key life stages to highlight changes in these transitions and in available resources for citizen support within nine European welfare states.This timely book reveals that new life courses are found to require more, and not less welfare support, but only Sweden has developed an active life course approach and only three more could be considered supportive, in at least some life stages. For the remainder, policies were at best limited or, in Italy?s case, passive. The contributors reveal that the neglect of changing needs is leading to greater reliance on the family and the labour market, just as these support structures are becoming more unpredictable and more unequal. They argue that alongside these new class inequalities, new forms of inter-generational inequality are also emerging, particularly in pension provision.This topical book will strongly appeal to academics and students interested in social policy, gender equality policy, pensions, industrial relations, labour economics, political science, and comparative welfare systems.Trade Review‘This book offers, in an extremely clear and easily read manner, knowledge about the state of welfare in large parts of Europe; how systems have been developed and shaped in the various countries to provide support in different life phases. The book is well suited for social science students in general, and for students of social work, sociology and economics in particular.’ -- Ann-Charlotte Ståhlberg, Journal of Social Policy‘The Welfare State and Life Transitions is a major contribution towards a new generation of research on welfare regimes. It reveals the complex and dynamic character of welfare systems and their varying implications for different social groups. Drawing together evidence from nine countries with contrasting welfare systems, it underlines the need for fine grained analysis of the impact of social policies at successive life course transitions for a rigorous evaluation of the quality of welfare protection. As well as providing a rich source of information about the nature and effects of the welfare regimes examined, it will help to set the research agenda of the future.’ -- Duncan Gallie, Nuffield College, Oxford and Foreign Secretary (and ex-officio Vice-President) British Academy, UK‘The Welfare State and Life Transitions presents a novel assessment of social policy in European countries. This collection of nine country studies neatly melds two distinct lines of social scientific inquiry: comparative welfare state scholarship and life-course research. Focusing on the interplay between structural and individual factors, this volume demonstrates that welfare states are not homogeneous entities; instead, they provide packages of policies that support some life transitions more than others.’ -- – Janet C. Gornick, The Graduate Center, City University of New York, US‘By focusing on passages from education to employment, between family formation and work, during work careers and from employment to retirement, the book succeeds in highlighting to what extent the various welfare state regimes manage to compensate social inequalities between and within cohorts. The editors do an admirable job of synthesizing the country reports by showing that linking the analysis of welfare regimes and life course patterns enriches our understanding of the shaping of female and male biographies in modern societies.’ -- Walter R. Heinz, University of Bremen, GermanyTable of ContentsContents: 1. Shaping the Life Course: A European Perspective Dominique Anxo, Gerhard Bosch and Jill Rubery 2. The UK Welfare State: More than Residual but Still Insufficient Jill Rubery 3. Towards an Active and Integrated Life Course Policy: The Swedish Experience Dominique Anxo 4. From the Breadwinner Model to ‘Bricolage’: Germany in Search of a New Life Course Model Gerhard Bosch and Andreas Jansen 5. Transitions in Female and Male Life Course: Changes and Continuities in Austria Ingrid Mairhuber 6. Life Course Transitions in Hungary Before and After the Societal Transformation Zsolt Spéder, Balázs Kapitány and László Neumann 7. From Selective Exclusion Towards Activation: A Life Course Perspective on the French Social Model Christine Erhel, Léa Lima and Chantal Nicole-Drancourt 8. ‘La Grande Illusion’: How Italy’s ‘American Dream’ Turned Sour Annamaria Simonazzi and Paola Villa 9. Life Stage Transitions and the Still-Critical Role of the Family in Greece Maria Karamessini 10. The Uncertain Path from the Mediterranean Welfare Model in Spain Fausto Miguélez and Albert Recio Index

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Book SynopsisIn recent decades the probability of divorce and separation among married and cohabiting couples has increased significantly in most European countries. Focusing on both economic and social aspects, this comprehensive volume explores the consequences of partnership dissolution at the individual level. The contributors use personal characteristics, properties of the partnerships and the institutional context to explain coping behaviours.The book comprises reports on eight countries, which have tentatively been classified as: 'the male breadwinner' (Belgium and Germany), 'the dual earner' (Denmark, Finland and Sweden), 'the market' (Great Britain) and 'the family' model (Spain and Greece). It also contains four cross-national comparative studies addressing the wider impacts of divorce, including labour force participation, residential mobility and housing, household income, and poverty and lifestyle deprivation. Complemented by the editors' authoritative introduction, this timely study will prove invaluable to graduate students and researchers interested in the economics and sociology of the family. Legal and public policy practitioners will also find the book an insightful addition to the current literature.Trade Review‘When Marriage Ends offers a comprehensive and insightful contribution to the study of economic effects of divorce and it also contributes to the comparative study of family policies and family law regimes in Europe. The book can be recommended not only to students and researchers interested in family studies but also to legal and public policy practitioners.' -- Jana Chaloupkova, Central European Journal of Public Policy'This is a double-faced book, which should be read by everybody who is concerned about the societal effects of divorce. It shows that divorce has negative economic and social consequences, not only in the Anglo-Saxon countries, but also in the most generous welfare states of Europe, where divorce is widely accepted. Moreover, these effects are more negative for women than for men, even in the most gender-equalitarian welfare state. But it also shows that social policies can mitigate these negative consequences.' -- Jaap Dronkers, European University Institute, ItalyTable of ContentsContents: Introduction: Economic and Social Consequences of Partnership Dissolution – What do we Know and What are we Looking For? Hans-Jürgen Andreß and Dina Hummelsheim PART I: THEORETICAL, METHODOLOGICAL AND MEASUREMENT ISSUES 1. Conceptualization and Measurements of Institutional Contexts: A Review Haya Stier PART II: SINGLE COUNTRY STUDIES 2. Germany: Will the Male Breadwinner Model Survive? Dina Hummelsheim 3. Belgium: Economic Hardship Despite Elaborate Childcare and Leave Time Programmes Dimitri Mortelmans, Laurent Snoeckx and Peter Raeymaeckers 4. New Holes in the Safety Net? Economic and Social Consequences of Divorce in Denmark M. Azhar Hussain and Olli Kangas 5. Divergences in the Nordic Model: Economic Consequences of Partnership Dissolution in Sweden and Finland Heikki Hiilamo 6. Great Britain: ‘Things Can Only Get Better…’ Wendy Sigle-Rushton 7. Marital Disruption in Spain: Class Selectivity and Deterioration of Economic Conditions Lluís Flaquer and Anna Garriga 8. Low Divorce Incidence in Greece: Facts and Figures Haris Symeonidou PART III: COMPARATIVE STUDIES 9. Female-Supportive Policies and Women’s Employment After Divorce Maike van Damme and Wilfred Uunk 10. Divorce and Housing: A European Comparison of the Housing Consequences of Divorce for Men and Women Caroline Dewilde 11. The Economic Consequences of Partnership Dissolution: A Comparative Analysis of Panel Studies from Belgium, Germany, Great Britain, Italy and Sweden Hans-Jürgen Andreß, Barbara Borgloh, Miriam Bröckel, Marco Gießelmann and Dina Hummelsheim 12. Marital Disruption and Economic Well-being: Poverty, Income and Lifestyle Deprivation Arnstein Aassve, Gianni Betti, Stefano Mazzuco and Letizia Mencarini PART IV: CONCLUSION 13. When Marriage Ends: Results and Conclusions Hans-Jürgen Andreß and Dina Hummelsheim PART V: DATA APPENDIX Index

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Book SynopsisIn this unique and pathbreaking book, David Reisman examines the relatively new phenomenon of health travel. He presents a multidisciplinary account of the way in which lower costs, shorter waiting times, different services, and the chance to combine recreational tourism with a check-up or an operation all come together to make medical travel a new industry with the potential to create jobs and wealth, while at the same time giving sick people high-quality care at an affordable price. The book illustrates that it is no longer the case that medical attention must be consumed at home. Patients are travelling to Mexico, India and Thailand for a heart bypass. They are going to Hungary, Poland and Malaysia for dentistry. Doctors are migrating to Britain, the USA and Canada for new challenges. Hospitals are opening subsidiaries in Dubai, the Philippines and Costa Rica to see overseas patients on the spot. Integrating academic perspectives from medicine, tourism, health economics, development studies and public policy, the author concludes that the benefits both to the importing and the exporting nations are considerable, but that there are also some costs. He suggests that the new industry should be regulated and supported in order that it can do its best both for the local population and for the sick people who travel abroad for treatment. This fascinating and highly original book will be of great interest to academics and researchers in areas such as health economics, tourism, social policy, development studies, Asian studies and public policy. It will also prove invaluable to practitioners actively involved in planning and delivering medical attention in the global economic order.Trade Review'The book provides an extraordinary in-depth study of one aspect of globalisation and will be invaluable to anyone interested in developments in health care, international business or possibly geography.' --Jo Guiver, Journal of Transport Geography'Health Tourism is a fascinating read. . . This book provides a unique look at a rapidly emerging issue for social and public policy as well as developmental studies, and would lend itself to animated debates, particularly at the graduate level.' --Marion Joppe, Annals of Tourism ResearchTable of ContentsContents: 1. Introduction 2. A Taxonomy of Trade 3. Price 4. Quality 5. Differentiation 6. Health Tourism: The Benefits 7. Health Tourism: The Costs 8. Health Tourism and Public Policy 9. The Singapore Experience 10. Health Hubs in Asia Bibliography Index

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Book SynopsisVolume 16 of "Research on Economic" contains a selection of thirteen papers from the Second Biannual Meeting of the Society for the Study of Economic Inequality, Berlin, July, 2007. This conference brings together both established scholars in the field of income distribution as well as advanced graduate students and new Ph.D's. The multi-day conference provides a forum for over 150 participants to share their work with one another. The papers contained in this volume are selected from a few of the many different sub-fields represented at the conference. As the title suggests a major emphasis of the volume is to collect work on the inequality of opportunity. An additional emphasis of the volume is on inequality measurement issues. Finally, the volume is designed to present work from both senior researchers and as well as emerging scholars. The volume begins with an essay on equal liberties by Serge-Christophe Kolm. The second paper examines the relationship between inequality and envy. The next four papers address the inequality of opportunities. Empirical studies of the equality of opportunity include Africa, Italy, Germany, and the United States. The measurement section also contains four papers. The topics covered in these papers include welfare analysis with ordinal data, unit consistency and multidimensional inequality indices, unit consistency and intermediate inequality indices, and the examination of two newly rediscovered inequality measures originally introduced by Bonferroni and De Vergotini. The volume also includes papers on the intergenerational transfer of income inequality and poverty in the US and Germany, income inequality and mobility in Argentina, the use of experimental methods to understand inequality aversion, and the recognition that measuring unemployment is an ethical problem, not simply an exercise in statistical measurement.Table of ContentsEqual liberties and the resulting optimum income distribution and taxation. Inequality and envy. Interdependent preferences in the design of equal-opportunity policies. Higher education and equality of opportunity in Italy. Inequality of opportunity for income in five countries of Africa. Equalizing income versus equalizing opportunity:a comparison of the United States and Germany. Intergenerational income inequality and dynastic poverty persistence: Germany and the United States compared. Measuring inequality with ordinal data: a note. Multidimensional unit- and subgroup-consistent inequality and poverty measures: some characterizations. Rankings of income distributions: a note on intermediate inequality indices. The Bonferroni, Gini, and De Vergottini indices. Inequality, welfare, and deprivation in the European union in 2000. On various ways of measuring unemployment, with applications to Switzerland. Income mobility in Argentina. Risk level and inequality preference. Research on Economic Inequality. Inequality and Opportunity: Papers from the Second ECINEQ Society Meeting. Copyright page. List of Contributors. Introduction.

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Book SynopsisThis volume explores the relationship between law and economics principles and the promotion of social justice. By social justice, we mean a vision of society that embraces more than traditional economic efficiency. Such a vision might include, for example, a reduction of subordination and discrimination based on race, religion, gender, sexual orientation, age, disability or class; increased wealth dispersion throughout all sectors of society; a safe and healthy environment; worker rights; and, a flourishing political democracy. The volume chapters here fall into four main categories, Assumptions of Law & Economics; Law & Economics: Implications of Behavioralism; Economics and Corporate Governance: Finding the Holes; and, Gender, Class and Race: Implications of and Alternatives to the Dominant Economic Paradigm. In addition, most of the chapters invoke the lens of corporate law theory or the corporate context as part of their analysis of the intersection of economics and social justice.Table of ContentsPreface. List of Contributors. Introduction. Economics as a map in law and market economy. An anatomy of corporate legal theory. The single constituency argument in the economic analysis of business law. Corporate law and the rhetoric of choice. Faith Based Investing: are shares entitled to the residual?. Corporate social responsibility: Lessons from the South on law and business norms. The discourse of “contract” and the law of marriage. Behavioral biology, the rational actor model, and the new feminist agenda. Race to the top of the corporate ladder: What minorities do when they get there. Workplace racial discrimination and the professionals at the center of corporate hierarchies. Research in law and economics: A journal of policy. Law & economics: Toward social justice. Copyright page.

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Book SynopsisHow immigrants and their descendants fare in the host society and in particular in the labor market is a very important question. While differences among ethnicities have been found to be marked and persistent within many host countries, and while the labor market consequences of diversity have been recognized, they have not been sufficiently examined. This volume contains fresh knowledge to help better understand the complex relationship between ethnic or minority groups, the role of ethnic identity and their disparate economic performance; 12 papers that individually and collectively go to the heart of this question. Offering a new paradigm, they tackle and interlink four important themes of immigrants' integration: ethnic identity, citizenship, interethnic marriages, and immigrant entrepreneurship. These papers offer insights and answers to challenging questions for six different immigration countries while they study countless different ethnic and immigrant groups. It is the aim of this volume to bring the role of ethnic identity in the forefront of scientific and political discussion and provide a link among these themes, anticipating new trends and directions in this area. An anthology of these questions is: Does ethnic identity affect the employment and earnings of immigrant groups and in what way? Does dual nationality affect assimilation? To what extent do social interactions determine the employment outcomes of ethnic minorities? Why do Mexican-Americans exhibit low self-employment rates? Which are the factors that influence the composition of the workforce in terms of ethnic-background? Do interethnic marriages influence transitions into and out of ethnic self-employment? And, are interethnic marriages a guarantee to high human capital achievement of their offsprings?Table of ContentsList of Contributors. Preface. Work and money: payoffs by ethnic identity and gender. Ancestry versus ethnicity: the complexity and selectivity of Mexican identification in the United States. Ethnicity, assimilation, and harassment in the labor market. Citizenship in the United States: the roles of immigrant characteristics and country of origin. Assessing the case for and against dual nationality: A study of Latin Americans' assimilation in the United States. Social determinants of labor market status of ethnic minorities in Britain. Mexican-American self-employment: a dynamic analysis of business ownership. The employees of native and immigrant self-employed. Immigrant self-employment: does intermarriage matter?. Cross-nativity marriages and human capital levels of children. Dynamics and diversity: ethnic employment differences in England and Wales, 1991–2001. Race, ethnicity, and the dynamics of health insurance coverage. Research in Labor Economics. Research in Labor Economics Volume 29. Copyright page.

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Book SynopsisFour years ago "Research in Experimental Economics" published experimental evidence on fundraising and charitable contributions. This volume returns to the intrigue with philanthropy. Employing a mixture of laboratory and field experiments as well as theoretical research we present this new volume, "Charity with Choice". New waves of experiments are taking advantage of well calibrated environments established by past efforts to add new features to experiments such as endogeneity and self-selection. Adventurous new research programs are popping up and some of them are captured here in this volume. Among the major themes in which the tools of choice, endogeneity, and self-selection are employed are: What increases or decreases charitable activity? and How do organizational and managerial issues affect the performance of non-profit organizations?Table of ContentsList of Contributors. Experiments with public goods: From cooperation to formation. Tacit coordination in contribution-based grouping with two endowment levels. The efficiency-equality tradeoff in public sector charity provision. Retained earnings maximizing nonprofit enterprises. Endogenous production technology in a public goods enterprise. What can social preferences tell us about charitable giving? Evidence on responses to price of giving, matching, and rebates. Charity auctions in the experimental lab. Research in experimental economics. Research in experimental economics. Copyright page.

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Book SynopsisThe United Nations High Commissioner for Refugees estimates that there are more than 12 million stateless people in the world. The existence of stateless populations challenges some central tenets of international law and contemporary human rights discourses, yet only a very small number of states have made measurable progress in helping individuals acquire or regain citizenship. This fascinating study examines positive developments in eight countries and pinpoints the benefits of citizenship now enjoyed by formerly stateless persons.The expert contributors present an original comparative study that draws upon legal and political analysis as well as empirical research (incorporating over 120 interviews conducted in eight countries), and features the documentary photography of Greg Constantine. The benefits of citizenship over statelessness are identified at both community and individual level, and include the fundamental right to enjoy a nationality, to obtain identification documents, to be represented politically, to access the formal labor market and to move about freely. Gaining or reacquiring citizenship helps eliminate isolation and solicits the empowerment of individuals, collectively and personally. Such changes are of considerable importance to the advancement of a human rights regime based on dignity and respect. This highly original and thought-provoking book will strongly appeal to a wide-ranging audience including academics, researchers, students, human rights activists and government officials with an interest in a diverse range of fields encompassing law, international studies, public policy, human rights and citizenship.Trade Review‘In our supposedly borderless world, having a nationality, and thus access to documents which permit travel and proof of identity, has become increasingly important. In many parts of the world, including the cases in Europe, Africa and Asia covered in this collection, large groups of people struggle with forms of de facto or de jure statelessness. In addition to providing a conceptual framework derived from international human rights norms for understanding better the phenomenon of statelessness, this collection presents important empirical research material helping us to understand, from the ground up, how statelessness is experienced.’ -- Jo Shaw, University of Edinburgh, UK‘What difference does citizenship make? The vulnerability of stateless persons clearly demonstrates the benefits of having a nationality. But so far nobody has examined how much the situation of stateless persons improves when they finally get documents and citizenship status. This exploratory study analyses practical difficulties and real progress in overcoming statelessness. It gives voice to the victims and sets a political agenda. Academic researchers, non-governmental organizations and policy-makers should read this book.’ -- Rainer Bauböck, European University Institute, Florence, Italy‘Embracing a subject that is generally treated abstractly, as a matter of human rights law, the authors of this pathbreaking book root statelessness deep into historical context and lived experience. They emerge with conclusions that are both dismaying (the expansive scope of the problem) and hopeful (the measurable progress some states have made in expanding the boundaries of citizenship). Alas, this eloquent book could hardly be more timely.’ -- Linda K. Kerber, University of Iowa, USTable of ContentsContents: 1. Statelessness and the Deprivation of Nationality Brad K. Blitz and Maureen Lynch 2. Nationality and Rights Laura van Waas 3. Citizenship in Kenya: The Nubian Case Abraham Korir Sing’Oei 4. From Erased and Excluded to Active Participants in Slovenia Jelka Zorn 5. From Statelessness to Citizenship: Up-country Tamils in Sri Lanka P.P. Sivapragasam 6. Citizenship Reform and Challenges for the Crimean Tatars in Ukraine Rustem Ablyatifov 7. The Urdu-speakers of Bangladesh: An Unfinished Story of Enforcing Citizenship Rights Katherine Southwick 8. Mauritania: Citizenship Lost and Found Julia Harrington Reddy 9. Statelessness, Citizenship and Belonging in Estonia Raivo Vetik 10. Arabia’s Bidoon Abbas Shiblak 11. Summary and Conclusions Maureen Lynch and Brad K. Blitz 12. Epilogue James A. Goldston Bibliography Index

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Book SynopsisThis insightful book examines the meaning of, and impacts on, cash-for-care systems for mothers of small children. The contributors present a comprehensive overview of the major political and economic contradictions, theoretical debates concerning cash-for-care, and explore the possibility of implementing it into the social policy system. In social research, cash-for-care is often described as a reactionary benefit that operates against the women's interests. Economists, in turn, ask why the state should pay for reducing female employment and for care that is given anyway. Nevertheless, `woman-friendly' Nordic countries have introduced cash-for-childcare schemes and many parents are willing to use them. The book examines the payment schemes as a complex whole, where on the one hand the scheme responds to the parents' desires, but on the other, produces some questionable consequences. The authors highlight conditions in which cash-for-childcare schemes would not reflect any anachronism but instead will function as a useful tool of contemporary social policy.This unique book provides a broad theoretical and empirical view on cash-for-childcare. It will prove invaluable for academics of social work and policy. Politicians, social policy administrators and labour market researchers interested in family issues will also find this important resource an enriching read.Trade Review‘This work is one of the first attempts to offer a theoretical discussion of and empirical evidence for a relatively new social policy: CFC. The collection provides an insightful review of the historical and socio-political rationale for these policies within the Nordic context, state-specific and comparative analyses, and offers promising strategies to overcome the noted challenges. . . this work is an excellent resource for those interested in CFC policies specifically and among scholars and students of social and family policy, gender and labour studies, and social care more generally.’ -- Rebecca A. Matthew, International Journal of Social Welfare‘An excellent choice for social issue collections and reference shelves.’ -- The Midwest Book Review‘This book provides an excellent overview and evaluation of one of the most overlooked Nordic child care policies, the cash-for-childcare. Leading scholars in the field investigate and critically discuss the variation in the scheme across the Nordic countries as well as the importance of the development of cash for care options for the otherwise service dominated Nordic welfare state model. The book examines the cash-for-childcare in the perspective of gender equality, consumerism and freedom of choice for families, balance of work and family life and the right of the child to early education, and provides a much needed opportunity for understanding why the Nordic countries with otherwise high female labour force participation and easy access to day care have introduced the cash for care options.’ -- Tine Rostgaard, The Danish National Centre for Social Research, DenmarkTable of ContentsContents: 1. Introduction Jorma Sipilä, Katja Repo and Tapio Rissanen 2. Cash vs Care: A Child and Family Policy Issue Sheila B. Kamerman and Shirley Gatenio Gabel 3. Cash-for-Childcare: Unnecessary Traditionalism or a Contemporary Necessity? Jorma Sipilä, Katja Repo, Tapio Rissanen and Niina Viitasalo 4. Finnish Child Home Care Allowance – Users’ Perspectives and Perceptions Katja Repo 5. Cash-for-Childcare Schemes in Sweden: History, Political Contradictions and Recent Developments Anita Nyberg 6. Cash-for-Care in Norway: Take-up, Impacts and Consequences for Mothers Marit Rønsen and Ragni Hege Kitterød 7. Rationalities of Cash-for-Childcare: The Nordic Case Minna Rantalaiho 8. The Paradox of Cash-for-Childcare: Are There Ways to Solve the Dilemma? Katja Repo, Jorma Sipilä, Tapio Rissanen and Niina Viitasalo Index

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Book SynopsisThe Welfare State and Life Transitions uses the lens of key life stages to highlight changes in these transitions and in available resources for citizen support within nine European welfare states.This timely book reveals that new life courses are found to require more, and not less welfare support, but only Sweden has developed an active life course approach and only three more could be considered supportive, in at least some life stages. For the remainder, policies were at best limited or, in Italy?s case, passive. The contributors reveal that the neglect of changing needs is leading to greater reliance on the family and the labour market, just as these support structures are becoming more unpredictable and more unequal. They argue that alongside these new class inequalities, new forms of inter-generational inequality are also emerging, particularly in pension provision.This topical book will strongly appeal to academics and students interested in social policy, gender equality policy, pensions, industrial relations, labour economics, political science, and comparative welfare systems.Trade Review‘This book offers, in an extremely clear and easily read manner, knowledge about the state of welfare in large parts of Europe; how systems have been developed and shaped in the various countries to provide support in different life phases. The book is well suited for social science students in general, and for students of social work, sociology and economics in particular.’ -- Ann-Charlotte Ståhlberg, Journal of Social Policy‘The Welfare State and Life Transitions is a major contribution towards a new generation of research on welfare regimes. It reveals the complex and dynamic character of welfare systems and their varying implications for different social groups. Drawing together evidence from nine countries with contrasting welfare systems, it underlines the need for fine grained analysis of the impact of social policies at successive life course transitions for a rigorous evaluation of the quality of welfare protection. As well as providing a rich source of information about the nature and effects of the welfare regimes examined, it will help to set the research agenda of the future.’ -- Duncan Gallie, Nuffield College, Oxford and Foreign Secretary (and ex-officio Vice-President) British Academy, UK‘The Welfare State and Life Transitions presents a novel assessment of social policy in European countries. This collection of nine country studies neatly melds two distinct lines of social scientific inquiry: comparative welfare state scholarship and life-course research. Focusing on the interplay between structural and individual factors, this volume demonstrates that welfare states are not homogeneous entities; instead, they provide packages of policies that support some life transitions more than others.’ -- – Janet C. Gornick, The Graduate Center, City University of New York, US‘By focusing on passages from education to employment, between family formation and work, during work careers and from employment to retirement, the book succeeds in highlighting to what extent the various welfare state regimes manage to compensate social inequalities between and within cohorts. The editors do an admirable job of synthesizing the country reports by showing that linking the analysis of welfare regimes and life course patterns enriches our understanding of the shaping of female and male biographies in modern societies.’ -- Walter R. Heinz, University of Bremen, GermanyTable of ContentsContents: 1. Shaping the Life Course: A European Perspective Dominique Anxo, Gerhard Bosch and Jill Rubery 2. The UK Welfare State: More than Residual but Still Insufficient Jill Rubery 3. Towards an Active and Integrated Life Course Policy: The Swedish Experience Dominique Anxo 4. From the Breadwinner Model to ‘Bricolage’: Germany in Search of a New Life Course Model Gerhard Bosch and Andreas Jansen 5. Transitions in Female and Male Life Course: Changes and Continuities in Austria Ingrid Mairhuber 6. Life Course Transitions in Hungary Before and After the Societal Transformation Zsolt Spéder, Balázs Kapitány and László Neumann 7. From Selective Exclusion Towards Activation: A Life Course Perspective on the French Social Model Christine Erhel, Léa Lima and Chantal Nicole-Drancourt 8. ‘La Grande Illusion’: How Italy’s ‘American Dream’ Turned Sour Annamaria Simonazzi and Paola Villa 9. Life Stage Transitions and the Still-Critical Role of the Family in Greece Maria Karamessini 10. The Uncertain Path from the Mediterranean Welfare Model in Spain Fausto Miguélez and Albert Recio Index

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Book SynopsisThe fast changing economic climate is creating substantial pressure for welfare state restructuring worldwide. Yet the discussion regarding challenges faced and the responses required has been confined to the 'standard welfare states' in the West. This book examines whether these challenges also apply to the countries in the East, whether these countries have generated different responses to their Western counterparts, and whether they have undergone a process of regime transformation while responding to these pressures.Comparative in approach, this book offers lively discussion on the new social challenges faced in East Asia following the unprecedented scale of the recent global financial crisis. It reaches beyond policy descriptions to offer more systematic analyses of welfare restructuring in the region in relation to the fast changing global economic order. By examining the dynamics of welfare state restructuring both in terms of continuity and change, it explores intensified impacts of global restructuring of welfare and the nature of welfare state adaptation in the region.This fascinating and thought provoking read will prove invaluable to academics, researchers and students with an interest in social policy, international social policy, comparative social policy.Contributors include: P. Abrahamson, N. Goishi, T. Hiroko, J. Hudson, G.-J. Hwang, D. Jung, S. Kuhner, S.S.-y. Lee, J. Liu, K.H. Mok, C.-u. Park, J. YamashitaTable of ContentsContents: 1. New Global Challenges and Welfare State Restructuring in East Asia: Continuity and Change Gyu-Jin Hwang 2. The Welfare Modelling Business Revisited: The Case of East Asian Welfare Regimes Peter Abrahamson 3. Analysing the Productive Dimensions of Welfare: Looking Beyond East Asia John Hudson and Stefan Kühner 4. Labour Market Risks in De-industrializing East Asian Economies: The Cases of Korea, Japan and Taiwan Sophia Seung-yoon Lee 5. Welfare–work Link in East Asia after the Economic Crisis: Korea and Japan since the 1990s Dongchul Jung and Chan-ung Park 6. Social Safety Net for the Working Poor in Japan, Korea and Taiwan Norimichi Goishi 7. Economic Restructuring and Changing Work/Family Life: The Cases of Japan and China Takeda Hiroko, Jieyu Liu and Junko Yamashita 8. Right Diagnosis and Appropriate Treatment for the Global Financial Crisis? Social Protection Measures and Social Policy Responses in East Asia Ka Ho Mok Index

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Book SynopsisThis important book sheds light on the ways in which modern tools of welfare economics can be used to assess the benefits and costs of resource conflicts involving hydropower. The chapters highlight key methodological issues in this area; ranging from the intersection between cost benefit analysis and behavioral economics, to the value of load balancing services provided by hydropower. The inclusion of insights from expert contributors from both sides of the Atlantic brings a unique and interesting range of viewpoints to the work.Several factors suggest that resource conflicts involving moving water are likely to be even more difficult to resolve today than they have been in the past. The contributors, top scholars in resource economics, consider a variety of issues through the lens of cost benefit analysis. In the first part of the book, they address specific cases and issues from North America and Europe. The book closes with a more general look at the topic.Academics and students interested in applied welfare economics, especially cost benefit analysis and energy economics, along with government officials in the energy environment nexus and private sector analysts will all find much of interest and value in this volume.Contributors include: J. Duffield, F. Forsund, N. Hanley, L. Hjalmarsson, P.-O. Johansson, Y. Ju, B. Kristrom, J. Loomis, E.M. Moore, B. Ranneby, V.K. SmithTable of ContentsContents: 1. Introduction Per-Olov Johansson and Bengt Kriström 2. Environmental Cost–Benefit Analysis and Water Quality Management Nick Hanley 3. Recreational Benefits of Removing Dams and Restoring Free-flowing Rivers: An Example Micro-Meta-Analysis of the Contingent Visitation Benefits of Removing Dams John Loomis 4. A Blueprint for a Cost–Benefit Analysis of a Water Use Conflict – Hydroelectricity versus Other Uses Per-Olov Johansson and Bengt Kriström 5. Estimation of WTP with Point and Self-selected Interval Responses Bo Ranneby and Jun Yu 6. Energy in a Bathtub: Electricity Trade between Countries with Different Generation Technologies Finn R. Førsund 7. Renewable Energy Expansion and the Value of Balance Regulation Power Finn R. Førsund and Lennart Hjalmarsson 8. The Political Economy of Hydropower and Fish in the Western US John W. Duffield 9. Does Behavioral Economics Have a Role in Cost–Benefit Analysis? V. Kerry Smith and Eric M. Moore Index

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