Search results for ""Edward Elgar Publishing Ltd""

This wide-ranging and comprehensive Handbook examines recent developments in international environmental law (IEL) and the crossover effects of this expansion on other areas of international law, such as trade law and the law of the sea. The expert contributors offer analyses of foundational issues in IEL, such as responsibility for environmental damage, sustainable development and the precautionary principle, alongside studies in topical subject areas including marine protection and the law of international watercourses. This Research Handbook offers an in-depth analysis of IEL, both as a field of law in its own right, and as part of the wider system of international law. It gives a comprehensive view of IEL in all its forms and complexity.With thorough examination of specific environmental regimes and compliance mechanisms, this Handbook will be an indispensable resource for legal scholars, students and practitioners alike.

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This important text develops an institutional response to the core issues raised in public policy making and develops a distinct understanding of the role of institutions, not least in the study of environmental problems. It questions: how are conflicting interests shaped and taken into account in policy making? How should they be accounted for? What motivates the behaviour of firms and individuals, and how is it possible to change these motivations to produce the favoured common outcomes?The author addresses these questions by integrating elements from classical institutional economics, neoclassical economics, sociology and ecological economics. He argues that public policy in general, and environmental policy in particular, are best examined from an institutional perspective. In this way the author presents a distinct and consistent alternative to standard neoclassical economics for students and scholars who are interested in an institutional understanding of environmental policy making. The book is written in a clear and accessible style with boxes and figures to help explain the issues and, as such, would be an ideal alternative or supplement to the standard environmental economics texts.

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This book examines the often troubled relationship between Japan and China from a broad interdisciplinary perspective. Utilising the expertise of Chinese, Japanese and regional specialists working in a variety of fields, this original work approaches the contemporary sources of tensions between these two Asian giants from several levels of analysis. In particular the domestic-state interface in both countries and the important role of historical perceptions in the region are explored.China-Japan Relations in the Twenty-first Century avoids perceiving the discord between China and Japan simply from an international relations-based perspective, as has been the tendency of recent scholarly analysis. Rather, it strives to set the existing relationship in the context of historical interaction, the influence of culture on mutual perceptions, the role of ideologies - particularly nationalism, domestic political and economic changes that affect China and Japan's state-to-state perceptions and relations, and their changing regional and global relations. The book firmly emphasises the importance of history and historical memory in the construction of relations; a relationship constructed on present perceptions of the past that also shape expectations for the future.This is a unique and topical book, using the tensions of 2005 between China and Japan as the point of departure for a broad historical, political, cultural and international relations analysis. As such it will appeal to scholars at many levels of academe in the fields of Asian studies, international relations, regional studies and government.

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Oceans Governance in the Twenty-first Century analyses the development of national, regional and international initiatives and arrangements directed towards governance of the world's seas and oceans.The authors examine those factors that shape oceans governance, as well as the supports and constraints affecting policy development and implementation. In addition, the book invaluably includes discussion of contemporary international and selected regional initiatives - including the development of a maritime policy by the EU. The processes and outcomes that have arisen in the development of oceans policy in Australia, Canada, New Zealand and the US are also summarised. This analysis centres on the key elements of institutional design, policy capacity, and the policy framework adopted as important supports to facilitate integrated oceans management. The book concludes that, despite increased attention to the oceans over the past two decades, major challenges remain, even where states have made concerted efforts to develop new approaches to ocean management.Marcus Haward and Joanna Vince's thorough study will appeal to researchers and academics at under and postgraduate levels working in the field of environmental management, as well as oceans and coastal management and governance. It will also be highly useful to policy makers with responsibilities for oceans and coastal management.

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This book takes a fresh look at unresolved issues associated with the role of multinational enterprises and foreign direct investment in economic development in light of the experiences of developing countries in Asia.Each chapter presents a self-contained treatment of a specific theme relating to the developmental implications of MNEs, encompassing the current state of the debate, and relevant theory and policy implications. The key aspects of MNE-development interface covered in the book include expansion of manufacturing exports, global integration through international fragmentation of production, research and development, productivity growth, susceptibility to and recovery from financial crises, macroeconomic adjustment and international competitiveness, and economic transition from plan to market.Multinational Enterprises in Asian Development will prove a valuable reference tool for academics, researchers and students focusing on trade, development and international business. Professional economists and policy makers wishing to broaden their understanding of the role of MNEs as an integral part of the international development policy will also find much to interest them in this book.

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Population aging is a global phenomenon that influences not only the industrialized countries of Asia and the West, but also many middle- and low- income countries that have experienced rapid fertility decline and achieved long life expectancies. This book explores how workers and consumers are responding to population aging and examines how economic growth, generational equity, trade and international capital flows are influenced by population aging. The contributors draw on the experience of the developing and industrialized worlds and on countries in Asia, North America, and Europe. They offer new evidence about micro-level responses of labor force participation, earnings, and savings to actual and/or perceived demographic change. Their broad perspective on population aging spans the entire demographic transition and demonstrates the importance of effective policy response in the early stages of population aging. Also included are policy analyses that explore the use of tax policy, financial reform, and policies targeting immigration and procreation. This insightful study will prove invaluable to students and scholars of population economics, public sector economics, welfare economics, social economics, and public finance. Pension analysts and government policymakers will find the material of great practical use.

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This comprehensive and engaging book investigates the role of international actors in the making of social policy in South East Europe. Introductory chapters on transnationalism and Europeanization are followed by a series of nine linked case studies depicting research undertaken within this region. The book charts the variable influence that international actors such as formal organizations, non-governmental organizations, consulting companies and individual transnational policy entrepreneurs have on key policy issues, including pensions, social protection, labour markets and health. The authors conclude that welfare settlements are a complex product of historical and institutional legacies, the neo-liberal interventions of the World Bank, the emerging impact of the EU, and the crowded international arena resulting from war and post-war reconstruction agendas.Written by leading researchers in the field, Social Policy and International Interventions in South East Europe will be of great interest to researchers and students of social policy, policy studies and regional studies, as well as policymakers within international and governmental organizations.

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This comprehensive Handbook provides an essential analysis of new venture creation research. The eminent contributors critically discuss and explore the current literature as well as suggest improvements to the field. They reveal a strong sense of both the 'state-of-the-art' (what has and has not been done in new venture creation research) and the 'state-of-the-could-be' (future directions the field should take to improve knowledge). The Handbook comprises nineteen chapters divided into four main sections: setting the agenda; theoretical perspectives; data and measurements; and new venture creation through contextual lenses. path-breaking Handbook has allowed experienced new venture researchers to tell the world not only where the field has been, but also where it should be going. Their responses have provided an insightful and stimulating resource that will be of great practical value to researchers working in this vital and rapidly expanding subject. Students and practitioners interested in understanding leading edge thinking in the field of new venture creation will also find this handbook invaluable.Contributors: H.E. Aldrich, F. Åstrüm, T. Bager, O. Basso, D. Blackman, M. Brännback, C.G. Brush, A.L. Carsrud, P. Davidsson, G. Don, A. Elam, M.R. Evald, A. Fayolle, W.B. Gartner, S. Gordon, P.G. Greene, G. Hancock, K. Hindle, M. Imas, J.A. Katz, P.H. Kim, K. Klyver, F. Kropp, H. Landström, J. Legge, B. Leleux, J. Levie, N.J. Lindsay, M. Mulej, M. Rebernik, D. Al-Shanfari, D. Smallbone, P. Steffens, J. Sundbo, S. Terjesen, E.T. Tornikoski, F. Welter

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Erudite, accessible and lucidly written, this book provides a stimulating introduction to the careers and main published works of the Nobel Memorial Laureates in Economics. It will prove to be an invaluable reference book on key figures in economics and their path-breaking insights. The vignettes should also encourage the reader to sample some of the Laureates' original works and gain a better understanding of the context in which new ideas were first put forward. Original features of the book include: a foreword by Professor Mark Blaug a review of the Nobel Memorial Prize in Economics, including a biographical guide to potential future winners a table summarising the Laureates': year and country of birth; university and year of their first and higher degrees; their affiliation at the time of the award; broad field of study; and Prize citation comprehensive individual entries on each of the Laureates (including their photographs), covering their careers and main published works a glossary of selected associations, awards, institutions and societies. Written primarily for undergraduate and postgraduate students, this is also a book that many teachers and lecturers will want on their shelves. It will prove to be an invaluable reference tool for anyone wanting to understand how past events and individuals have helped mould contemporary economics.

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In this accessible yet rigorous textbook, Patrick McNutt presents a clear and refreshing approach to a wide range of topics in law, economics and antitrust. The issues covered include duty and obligation, contracting, liability, property rights, efficient entry, compensation, oligopoly pricing, issues in strategic antitrust and merger analysis. Using a selection of case studies where appropriate, and examples based in game theory, the book examines these issues from both a law and economics and a microeconomics perspective. Emphasis is placed on a thorough assessment of the economic and legal arguments, blending the rigours of microeconomic analysis with common law standards. The analysis contained in the book will not only review, and indeed adapt neoclassical economic analysis but will also apply some of the methodology from the relatively new paradigm known as 'law and economics' to many of the issues. The book also addresses the increasing overlap between emerging approaches in public choice and in law and economics.Practitioners in competition law and regulation of utilities will draw great value from this original and pertinent volume, as will scholars in the areas of regulation, competition law, competition policy and law and economics.

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In his 'New Guide' to The General Theory, Mark G. Hayes presents Keynes's illustrious work as a sophisticated Marshallian theory of the competitive equilibrium of the economy as a whole. This unique book takes full account of the nature of time and money and illustrates that The General Theory remains highly relevant to the teacher and advanced student of modern macroeconomics. The Economics of Keynes introduces several interpretative innovations to resolve many puzzles presented in the literature of the last 70 years. It is designed to be read in parallel with The General Theory and will allow modern readers to find their bearings before plunging into an in-depth analysis of major themes contained in The General Theory. The key areas in which this 'New Guide' differs from the familiar exposition of current macroeconomics textbooks are also explicitly identified. The author reaches positive and hopeful conclusions for the development of economic theory and policy.Promoting a thorough understanding of the legitimate domain of equilibrium analysis and a renewed commitment to the possibility of genuinely full employment, this book will provide an illuminating and fascinating read for anyone wishing to appreciate fully the value of The General Theory. More specifically, academics and advanced students of macroeconomics across the board - classical, orthodox, Post Keynesian and heterodox - interested in a fresh attempt to connect The General Theory with modern macroeconomics will find this book to be the ideal tool.

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In recent decades, the world has witnessed the emergence of a global knowledge economy in which functional regions increasingly play a role as independent and dynamic market places. These are integrated with other functional regions by means of flows of information, knowledge, and commodities. This contemporary and illuminating book provides a state-of-the-art overview of current research on innovation and entrepreneurship in functional regions.There are numerous questions regarding entrepreneurship and innovation in functional regions that have not yet been answered - until now. Some of the issues that the expert contributors in this field question are - How do firms compete and how do they develop their competitive strategies? How important are entrepreneurial actions and innovation? How important are firm size, firm maturity and corporate structure for innovation? Entrepreneurship and Innovations in Functional Regions will be an invaluable resource for students and scholars of entrepreneurship, business economics, innovation and regional science.

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This fascinating and original textbook - an excellent introductory text for both graduate and undergraduate students - attempts to enhance and advance our understanding of entrepreneurship. In this intriguing book, Bjorn Bjerke contends that entrepreneurship cannot, to any great extent, be planned in advance. He goes as far as to suggest that planning could be against the very essence of entrepreneurship. The book explains that entrepreneurship is about courage rather than willpower, is to be venturesome and undertaking whilst experimenting, networking and pushing oneself forward, and concerns exploiting mistakes as essential learning curves. The importance of the entrepreneur as a human being is strongly expressed, as is the idea that entrepreneurship is closer to art and aesthetics than science and mathematics. Language, argues the author, plays a decisive role and philosophy provides a solid basis when we try to come to grips with the nature of entrepreneurship. Finally, and perhaps most importantly, Bjorn Bjerke asserts that all these points alert us to one simple fact: it is not possible to define a 'typical' entrepreneur or to present a model method of operating and supporting an entrepreneurial venture.Understanding Entrepreneurship is a truly remarkable textbook that will provide an absorbing and illuminating read for all those - academics, students and practitioners alike - with an interest in entrepreneurship.

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The first East Asia Summit in 2005 prompted discussions of enlargement of ASEAN free trade agreements to include all major trading blocs and their regional and global implications. In this timely and original study, Tran Van Hoa and Charles Harvie explore the likely effects of new regional development.With more than half of the world's consumption and production market, well-defined trade agreements in Asia remain crucial to the economic growth and stability of the area. This book contains scholarly and well-researched contributions from internationally renowned experts from ASEAN, East and South Asia and Oceania who discuss this major new development and its impact on trade, investment, services, development, industry, poverty and economic relations. An important collection of new research, this volume will be used by economists, trade experts, academics, students, government advisers, policymakers and all those interested in these significant contemporary developments and their far-ranging implications in an enlarged Asia.

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In this, the second volume of the Handbook of Research in Entrepreneurship Education, leading international scholars highlight the unique characteristics and rich variety of research in entrepreneurship education. They adopt several different perspectives, focusing on key issues and significant developments in the field, and highlighting emergent new insights.The 35 contributors span 11 countries and three continents, demonstrating not only the richness but also the complexity of the field in terms of culture, geography and institutional, ethical and political systems. The Handbook is intended to collectively assist entrepreneurship educators in developing new programmes and pedagogical approaches that take into account the richness and diversity of these multiple perspectives.Highlighting the unique characteristics of research in entrepreneurship education, this Handbook will be of great interest to entrepreneurship researchers, academics and students wishing to understand the unique notions of entrepreneurship education and entrepreneurial learning, which are often quite distinct from current practical views. The companion volume, Handbook of Research in Entrepreneurship Education, Volume 1: A General Perspective, showcases the nature and benefits of the new wave in entrepreneurship education emerging as a result of revised academic programmes developed to reflect new forms of entrepreneurship.

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This book develops a number of analytical models and presents empirical analyses of the equity and efficiency effects of existing indirect taxes from New Zealand. Potential tax reforms including environmental taxes are also examined and the methods presented can easily be adapted to deal with other countries.Policy debates are inevitably influenced by value judgements, which are seldom made explicit either by governments or those engaging in public discussion. By concentrating on the empirical orders of magnitude, and by examining the implications of adopting alternative value judgements, the findings of this book contribute towards rational policy debate, rather than relying on guesswork and rhetoric. The equity and efficiency effects of indirect taxes are examined in detail, using the central concepts of welfare changes, the excess burden of taxation, and money metric utility measures. The indirect taxes examined include a carbon tax designed to reduce carbon dioxide emissions.The Distributional Effects of Indirect Taxes develops widely applicable models and will therefore appeal to economists interested in public economics, tax policy, inequality measurement, welfare economics and tax modelling. Economists in government departments and international agencies interested in public finance and inequality and poverty measurement will also find much to engage them in this book, as will policymakers concerned with indirect and environmental tax policy, inequality, and welfare economics.

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Worldwide, postal and delivery economics has attracted considerable interest as the delivery sector undergoes rapid change and the debate on liberalization rages. This compendium of original essays has been selected from papers presented at the Rutgers University CRRI 14th Conference on Postal and Delivery Economics, May 31-June 3 2006. It explores the important new trends and issues in this rapidly changing field. The European Union's plan to open postal markets completely in 2009 has raised questions about t he role of regulation, funding for the Universal Service Obligation, the future of national Postal Operators and the principles that should govern the introduction of competition. The contributors - researchers, practitioners, lawyers and senior managers from around the world - address these questions in chapters that cover postal markets, pricing, efficiency and cost analysis, labor relations, and demand drivers. Examples are drawn from around the world. This timely book will be illuminating to practitioners and managers in the postal, express and delivery industry, as well as economists, regulators, competition lawyers, and marketers.

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Regulation, Markets and Poverty analyses the policy implications of research into issues of competition, regulation and regulatory governance in developing countries. Particular attention is paid to factors affecting poverty and to the connection between regulation, competition and poverty. It represents the culmination of research undertaken in the past five years by the Centre on Regulation and Competition.Written in a non-technical manner with references to the more technical literature, each chapter draws on the work of leading experts across a range of disciplines who frequently challenge conventional wisdom.This accessible and lively study will appeal to policymakers and practitioners dealing with regulation and competition in developing countries, postgraduate students of regulation, competition, public policy and international business. Staff of international development agencies and NGOs working on governance issues, competitiveness, utility policy and infrastructure investment will also find this important book of value and interest.

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The most influential and controversial economist of the twentieth century, John Maynard Keynes was the leading founder of modern macroeconomics, and was also an important historical figure as a critic of the Versailles Peace Treaty after World War I and an architect of the Bretton Woods international monetary system after World War II. This comprehensive Companion elucidates his contributions, his significance, his historical context and his continuing legacy. Prominent scholars examine Keynes's life and major writings, his theories and contributions, influences on the development of his thought, his interactions with his contemporaries, his followers and critics, the lasting significance of his work and the changing fortunes of Keynesianism in different countries.The concise but thorough and comprehensive entries are arranged in eight parts: Life and Work, Influences, Major Works, Economic Analysis, Critics and Contemporaries, Associates, Legacy and Impact, and Keynesianism in Various Countries. The Companion will serve as the standard reference work for all those interested in John Maynard Keynes, in the economics of Keynes and in the history of macroeconomics.Contributors include: N. Aslanbeigui, M. Assous, R. Backhouse, I. Barens, D. Besomi, P. Bini, M. Boianovsky, H. Bortis, M. Boumans, V. Caspari, V. Chick, P. Clarke, P. Davidson, J.B. Davis, R.W. Dimand, R. Dos Santos Ferreira, S. Dow, M.J. Flanders, J. Forder, M. Forstater, D. Glasner, R. Gomez Betancourt, C. Goodhart, P. Groenewegen, H. Hagemann, O. Hamouda, G.C. Harcourt, I. Hardeen, E. Hein, S. Hollander, P. Howitt, S. Howson, S.D. Kasper, P. Kerr, J. King, H. Klausinger, J. Kregel, P. Kriesler, H.D. Kurz, M. Lavoie, B. Littleboy, L. Magnusson, M.C. Marcuzzo, A. Millmow, D.E. Moggridge, A. Molavi Vassei, J. Neville, R. O'Donnell, G. Oakes, L. Ramrattan, S. Rivot, G. Rubin, M. Sawyer, R. Skidelsky, R.P. Smith, P. Spahn, M. Szenberg, A. Thirlwall, G. Tilly, H.-M. Trautwein, M. Wakatabe, L.R. Wray, W. Young

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This volume provides an important collection of recent papers on the macroeconomic effects of population ageing. The articles are focused into three categories which cover the main channels through which population ageing affects national living standards: productivity and growth; consumption and saving; and labour market and fiscal effects. The papers have been selected for their clear and valuable contributions to this field of study. The book will be an essential reference volume for academic and public sector economists, policy makers and demographers.

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This original selection of case studies from eight new EU member countries looks at the ability of entrepreneurs to develop innovative and successful firms in an environment of turbulent social and economic change.The Cutting Edge focuses on the innovative potential that these transition country environments provide and how entrepreneurs have been able to convert these possibilities into successful businesses. The contributors highlight specific aspects of the interplay between the institutional setting and the environment. They also elucidate the individual characteristics of the entrepreneur that create an enabling context for innovative behaviour to develop and grow, drawing attention to the opportunities and constraints offered in each environment.This book provides invaluable insights for academics and researchers of entrepreneurship as well as undergraduate and postgraduate students of international business and entrepreneurship. It will also provide a stimulating and important read for people conducting business in Europe.

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A landmark contribution to our understanding of economic development.This significant book argues that fundamental changes in deeply rooted institutions do not happen because of outsiders' money, advice, pressures, or even physical force; which explains why foreign aid has not, and can not, improve institutions. The impetus for changing institutions must come from within a society, and the author shows how groups of local scholars contribute to institutional change and development when the political opportunity presents itself. Both economic research and the history of foreign aid suggest that the largest barriers to development arise from a society's institutions - its norms and rules. The author draws on 35 years experience to explain how institutions drive economic development. She goes beyond the abstractions usually used to define institutions, providing numerous examples to illustrate the complex, interlocking, and persistent nature of real world rules and norms. This significant book argues that fundamental changes in deeply rooted institutions do not happen because of outsiders' money, advice, pressures, or even physical force; which explains why foreign aid has not, and can not, improve institutions. The impetus for changing institutions must come from within a society, and the author shows how groups of local scholars contribute to institutional change and development when the political opportunity presents itself. Providing an overview of how market supporting institutions evolved in Europe and why these institutions are weak or absent in most countries of the world, this book will be of interest to a wide audience of aid and development policymakers, academics, and students of economics, political science, management, and law.

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The financial integration of Europe is both welcomed as an economic driving force and watched with concern as a source of potential stability. After all, changing financial, regulatory and corporate ownership structures are fuelling competition, capital mobility and financial intermediation, but at the same time creating new systemic risks. With a special focus on Central, Eastern and South-Eastern Europe, the contributors to this book explore a wide spectrum of underlying issues, including the finance-growth nexus, credit boom patterns, the implications of foreign bank entry modes, lessons learned from old EU member states and commercial bank strategies. Authoritative views from central bank officials and policymakers are complemented with a special focus on empirical and econometric evidence from academia as well as practical insights from key financial market players.This unique collection will be of great interest to economists and experts in the fields of financial markets and European integration from central, commercial and investment banks, governments, international organizations, universities and research institutes.

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This Handbook is the first attempt to systematically examine, empirically and analytically, the contours of the third sector policy process in the European Union (EU). While scholarship on the social, economic and political contributions of organisations existing between the market and the state has proliferated in recent years, no sustained attention has previously been paid to how such organisations are collectively treated by, and respond to, public policy. The expert contributors examine the policy environment for, and evolving policy treatment of, the third sector in the Czech Republic, France, Germany, Italy, Spain, Sweden, the Netherlands and the United Kingdom from a comparative perspective. They also look at how the third sector relates to multi-level European policy processes, including the Open Method of Co-ordination, the Community Method, nationally-led 'partnership' approaches within an overall EU framework and the United Nations International Year of Volunteering; an initiative implemented in the EU but originating externally.Providing a rich and compelling examination of a crucially important aspect of policymaking, this unique Handbook will fill a major gap in the knowledge of both general policy analysts and specialists in third sector studies. Researchers and students in the overlapping fields of organised civil society, voluntary and third sector studies and the non-profit sector will also warmly welcome this important book.

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The book reveals, for the first time, the origins, growth and complex role of the OECD as it celebrates its fiftieth anniversary, showing how it has adapted - for the most part successfully - to the changing needs of its members, both large and small. Peter Carroll and Aynsley Kellow provide a comprehensive account and analysis of the origins, development and, most intriguingly, the recent reforms that characterise the OECD. They argue that this increasingly complex organisation has fulfilled its design to be an adaptive, learning organisation and explore how the OECD has spread its wings beyond its European and North American roots to become an increasingly influential body in global governance. Topical chapters include the OECD's work on health and the environment, relations with international, intergovernmental organisations, the OECD's structure and also the key processes. This fascinating book will be warmly welcomed by academics, researchers and postgraduate students in a wide range of fields including international relations, international business, political science, public policy and public administration. Public servants in national departments and agencies - particularly those with significant international activities - will also find the book to be of great interest, as will professionals within international organisations such as IMF, World Bank, EU, UN and (of course) the OECD itself.

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The quest for moral leaders is both a personal quest that takes place in the hearts and minds of leaders and a pursuit by individuals, groups, organizations, communities and societies for leaders who are both ethical and effective. The contributors to this volume, all top scholars in leadership studies and ethics, provide a nuanced discussion of the complex ethical relationships that lie at the core of leadership.Two distinct factors make the ethics of leadership different from the ethics of other individuals. The first is power - the way leaders exercise it and the temptations that come with it. The second is the moral relationship they have with followers and the range of people with whom they have moral relationships and obligations. In The Quest for Moral Leaders, the contributors explore how leaders themselves view their role, as well as the ways in which leadership functions within business, politics and society. The volume begins with chapters examining how religious beliefs and emotions color the way leaders make decisions. The second section covers how leaders think about morality, while the book's final chapters shift our attention to the function of leadership within organizations.The first book to offer perspectives on leadership ethics from the ancient Greek ideas on reverence to the moral problems of executive compensation, The Quest for Moral Leaders is a must-read for scholars and students of leadership, ethics and business. Leadership consultants will also find this in-depth analysis a valuable resource.

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The Korean Economy examines how Korea's inward FDI-led globalization, particularly since the financial crisis of 1997, has been experienced, understood, managed and often strongly resisted in various economic, social and cultural domains. It is an in-depth analysis combining perspectives from politics and economics, examining a number of grievances as seen through the eyes of actual foreign investors operating in Korea. The authors argue that it is precisely these obstacles that need to be addressed if Korea is to live up to its full potential in terms of becoming a truly attractive magnet for FDI and comprehensively integrating into the global economy. The authors make a convincing case that the challenges Korea currently faces are by no means limited to institutional and policy reforms, but rather are entrenched in an anti-globalization mindset shared by all sectors of society.This critical examination of the Korean government's inward FDI policies includes the experiences of around 50 CEOs of operating MNCs in Korea including various chambers of commerce and law firms. It also examines both perceptions and realities of the Korean market from in-depth interviews with over 50 foreign CEOs of MNCs operating in Korea, as well as a critical examination of Korea's current efforts to become a Northeast Asian business centre.This book will appeal to academics and postgraduate students of Asian studies and international business, the foreign business community (including existing and potential foreign investors to the Korean market) as well as government and policy makers.

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In this book, Paul Oslington underlines the contradiction between the prominence of job losses in political conflict over trade liberalization, and trade economists usually working with full employment models. This book is a comprehensive treatment of the benchmark competitive trade model with unemployment. It highlights the important linkages between trade and employment, providing analytical tools for participants in debates over trade liberalization. Global economy models, and empirically important cases where factor price equalization fails are considered for the first time. Questions addressed include: How do trading economies with unemployment respond to shocks such as terms of trade deteriorations, changes in labour market institutions or technological change? How does international migration affect employed and unemployed workers? How are trade patterns and volumes modified by unemployment? Is trade liberalisation always gainful when there is unemployment? How are European and American labour markets linked? How does the entry of newly industrializing countries into manufactured goods markets affect unemployment and wages in different parts of the world? What is the impact of harmonization of international labour standards on different groups in different parts of the world? This work is a basis for much needed empirical and policy work on trade and unemployment. It will strongly appeal to researchers, students and academics with an interest in international economics and international business. Economists in government and international agencies will also find much to interest them within this book.

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Mario Amendola and Jean-Luc Gaffard argue that all too often, markets and technology are treated as two magic words that will open the door to a wealth of riches. An increasing number of governments appear to be aiming for a pure market economy in order to reap the benefits of a benevolent technology that promises the most spectacular advances. Both markets and technology can certainly be considered essential economic factors, but which market and what technology? Is the current prevailing view of competition without restraints and privatisation at all costs actually the essence of the market? This book maintains that the dominant view mistakes the relationship between growth and technical change and, as a consequence, the role of the market in this context. The authors argue that once the issue is analysed in the proper light, the usual ingredients of the dominant policy recipe - zero inflation, balanced budgets, privatisations, deregulation of all markets, extreme flexibility - may not actually be the appropriate ones.The Market Way to Riches will appeal to academics from many branches of economics including heterodox, evolutionary and macroeconomics and those with an interest in economic growth generally. Policy makers influencing economic growth will also find much to engage them.

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This original new book offers a comprehensive and engaging perspective on the theory of vertical differentiation. It enables the reader to grasp the key concepts and effects that product quality has both on firms' behaviour and market structure, and the ways in which this relationship has evolved.With contributions from prominent figures in the field, the book investigates a number of important topics, such as the choice of the optimal product range, profit sharing, the existence of equilibrium in duopoly games, positional effects attached to status goods, international trade, collusion, advertising and the dynamics of capital accumulation for quality improvement and product innovation. Using both static and dynamic approaches, these aspects are assessed in relation to the manifold issues of regulation, competition policy and trade policy.Product differentiation and its influence on consumer behaviour and the performance of firms is a core topic in the existing literature in the fields of industrial organization, international trade and economic growth. This book will be an essential read for researchers, students and professional scholars working in these areas, especially those with an interest in antitrust regulation.

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The 'war on terror' and ongoing terrorist attacks around the world have generated a growing body of literature on national and international measures to counteract terrorist activity. This detailed study investigates an aspect of contemporary counter-terrorism that has been largely overlooked; the impact of these measures on the continued viability of the democratic state. Democratic nations are now facing an unprecedented challenge - to respond to global terrorism without simultaneously overturning fundamental human and political rights. The book addresses the critical question of whether, in the context of the 'war on terror', the national security imperative has compromised the democratic state. This book draws together academics, public policy practitioners, politicians and journalists to discuss policies introduced by democratic governments which threaten the nature of the democratic state. It will be of great interest to graduate and undergraduate students in politics, public policy, international relations, criminology and terrorism and counter-terrorism studies.

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International Entrepreneurship in Family Businesses illustrates that family firms have always been active agents in the global economy and that their participation in the international competitive dynamic will only increase in the coming years. Indeed many of the large multinational firms that dominate today's world markets were founded as, and continue to be, family firms. The authors document the particularities of the family business phenomenon from a holistic, multi-paradigmatic, and global viewpoint. The book integrates intensive studies of family business that encompass wide-ranging areas of research and contexts, including psychology, sociology, organizational behaviour, financial studies, strategic management and internationalization. Practical examples and case studies of multinational family firms underpin the exploratory empirical research. Academics, researchers and students of international business, and more specifically, family business will find much to interest in them in this book, as will entrepreneurs and practitioners with a vested interest in the family firm.

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China's accession to the WTO and TRIPS heralded massive changes in Chinese intellectual property (IP) law. This book asks whether all aspects of Chinese law and practice are now TRIPs compliant. The study offers both Chinese and European perspectives.Examining substantive IP law in detail, the contributors conclude that the changes have been far reaching and TRIPS compliance has been achieved. They also argue that China's IP laws are now addressing the new challenges of the digital revolution and the global economy. Of equal importance is enforcement, and in this respect the book reveals that change started later and that further work remains to be done. The book highlights the important efforts that are underway and the undeniable progress that is being made. All these issues are placed in an international context, where the development agenda is becoming more important and where the discussion on the renegotiation of the TRIPS has started.The contributors include leading members of the Chinese judiciary, as well as academics, politicians and practitioners from China, Europe and Canada. The approach taken to the subject combines academic rigorousness with political realism and the practical needs of operating an effective law enforcement and judicial system in a vast and rapidly developing country.This book will be warmly welcomed by IP academics and researchers, policy makers, R&D departments around the world and investors in China.

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Rural areas face numerous challenges in building a high-wage, high-skilled workforce. In response to these obstacles, many regions have established workforce development networks that provide stronger linkages between employers, schools, training institutions and community-based organizations. Gary Paul Green examines in this book how these networks are organized, why employers and training institutions participate in them and whether they are effective. Drawing upon data from training institutions, employers and other organizations in rural areas, the author takes a multi-method approach to examining workforce development networks by combining qualitative and quantitative data, as well as considering various actors. Collaborative models of training are found to provide a strong incentive for employers to increase their investment in job training, reduce the risk and cost of training, and improve the flow of information in local labor markets. The author also describes the critical role community-based organizations play by broadening the available training and providing stronger ties with employers and workers. He concludes that workforce development policy needs to recognize the importance of grassroots organizations in job training and build institutional support for their activities.The new data and analyses will be of great interest to academics working in the area of rural and workforce development. Community and workforce development practitioners as well as human resource managers will appreciate the concrete suggestions for policy and practice.

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This text provides a comprehensive introduction to the important issues of land use and forest economics. The authors employ economic tools to study the allocation of land among alternative activities such as agriculture, grazing and forestry which impact upon the landscape. The book begins by explaining general economic concepts of well-being, welfare measurement and economic rents before providing a synopsis of various environmental economic issues including non-market valuation, cost-benefit analysis and sustainable development. The authors then move on to address several critical topics relating to land use, the conservation of nature and the protection of agricultural land. These include an analysis of agricultural land use from the perspective of urban expansion and the interface between crop production and nature. They also discuss the economics of public lands, range and ranching, forestry, and global climate change in a comprehensive fashion. Throughout the book, the focus is on enhancing welfare for society as a whole, rather than for particular individuals, interest groups or sectors. In this way, the authors present a balanced and just approach to policy decisions regarding the allocation of scarce land resources.Accessible and self-contained, this text will become indispensable to postgraduate and undergraduate students on a range of courses including agricultural and environmental economics, geography and resource management. Although primarily a textbook, it will also provide a useful overview for policymakers, range scientists, public land managers and anyone with an interest in the economic evaluation of rural land use and forestry.

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Transport pricing is high on the political agenda throughout the world, but as the authors illustrate, governments seeking to implement this often face challenging questions and significant barriers. The associated policy and research questions cannot always be addressed adequately from a mono-disciplinary perspective. This book shows how a multi-disciplinary approach may lead to new types of analysis and insights, contributing to a better understanding of the intricacies of transport pricing and eventually to a potentially more effective and acceptable design of such policies. The study addresses important policy and research themes such as the possible motives for introducing road transport pricing and potential conflicts between these motives, behavioural responses to transport pricing for households and firms, the modelling of transport pricing, and the acceptability of pricing.Studying road transport pricing from a multi-disciplinary perspective, this book will be of great interest to transport policymakers and advisors, transport academics and consultants and students in transport studies.

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This unique book provides a comprehensive survey of the major economic issues that have helped shape the modern world. It includes discussions of the latest research findings in the international economic development literature and scrutinises some of the most important debates in contemporary economics. Brian Snowdon examines the many controversies relating to long-run growth and development, problems of transitions from socialism to capitalism, international competitiveness and the impacts of globalisation.To shed light on these critical issues Brian Snowdon interviewed eleven leading economists who are featured in this book: Daron Acemoglu, Alberto Alesina, Padma Desai, William Easterly, Stanley Fischer, Janos Kornai, Michael Porter, Dani Rodrik, Jeffrey Sachs, Xavier Sala-i-Martin and Jeffrey Williamson.Globalisation, Development and Transition provides an all-encompassing guide to the contemporary literature on economic development and related fields, as well as an extensive and up-to-date list of references. It will be an essential resource for all scholars and students of economics, especially those with an interest in economic growth and development, economic history, trade and globalisation, and the economics of transition.

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In complex natural resource systems, modifications or disruptions tend to affect many and diverse components of the ecological system, settlements and groups of people. This book uses the Lagoon of Venice - a unique natural resource, wildlife habitat, centre of cultural heritage and recreational site - as an example of one such system that has been heavily affected by human activities, including the harvesting of natural resources and industrial production. The contributors explore the Lagoon's potential for regeneration, examining public policies currently under consideration. The aim of these policies is to restore island coastlines and marshes, fish stocks, habitat and environmental quality, defend morphology and landscape through the strict control of fishing practices, and to protect the islands from high tides. Various market and non-market approaches placing a monetary value on environmental quality changes are then analysed by the contributors. They offer novel and creative applications of non-market valuation techniques for the Lagoon, and even outline the trade-offs that Lagoon users and parties interested in redeveloping contaminated sites are prepared to make between their own profits and policy offerings or demands. This unique and fascinating book will strongly appeal to students, researchers and academics with an interest in natural resources valuation and management, environmental economics and applied benefit-cost analysis.

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The Handbook of Research on Global Corporate Citizenship identifies and fosters key interdisciplinary research on corporate citizenship and provides a framework for further academic debate on corporate responsibility in a global society. This exciting and important Handbook provides a unique forum to discuss the consequences of the social and political mandate of business firms and examines the implications of these consequences for the theory of the firm. Leading academics have been invited from various disciplines such as management studies, economics, sociology, legal studies and political science to evaluate the concept of corporate citizenship and to analyze the role of private business in global governance and the production of global public goods. The Handbook is structured in seven sections: theoretical perspectives on corporate citizenship contemporary issues and challenges of global business regulation actors and institutions of global business regulation disciplinary perspectives on corporate citizenship implications for management theory building critical perspectives on corporate citizenship conclusions. This Handbook will be a significant read for academics, postgraduate students and managers interested in the field of corporate citizenship, regulation and corporate responsibility across the social sciences.

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Change manifests itself in all facets of the economy. This important collection of previously published essays illustrates how the evolutionary approach can reveal not only where change comes from, and how it happens, but also where it will lead. The Evolving Economy covers a broad spectrum of issues ranging from the biological foundations of economic behavior to the co-evolution of firms, markets, and institutions. Ulrich Witt's individualistic approach synthesizes elements familiar from the writings of Veblen and Schumpeter on economic evolution. A conceptual debate on what the notion of evolution means in the economic context is as much emphasized as is the discussion of concrete hypotheses explaining why and how evolutionary economic change comes about.Offering an outline of a paradigm focusing on endogenous economic change, this book will be of great interest to economists and economic historians. Sociologists, philosophers and anthropologists will also find this work invaluable as it presents an encompassing assessment of the role of Darwinian thought for understanding human behavior and societal evolution.

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Translation of the principle of sustainable development into policy and practice, and the evaluation of the outcomes of these strategic interventions, are some of the most pressing challenges facing policymakers in Europe and beyond. The chapters in this book contribute to the debate surrounding these challenges. By exploring the conceptual and methodological issues relating to the evaluation of sustainable development and analysing European practice and experience, this work provides a coherent and integrated contribution to our understanding of these issues. With contributions from a distinguished international group of authors, this book will be of interest to researchers, policy analysts and practitioners in the area of impact assessment and sustainable development.

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Cost-Benefit Analysis (CBA) is one of the most useful tools of applied economics for the social appraisal of public projects and government policies. Nick Hanley and Edward Barbier show how CBA can be applied to environmental policy choice and environmental resource management. They cover the conceptual underpinnings of CBA, practical methods for applying CBA, and a wide range of case study applications from Europe, North America and developing countries. Issues such as the value of ecosystem services and the special problems posed for CBA by environmental management are brought into close focus. The textbook is aimed at students on inter-disciplinary courses as well as those studying environmental economics, welfare economics and public policy. It will also be of interest to people in the policy community, NGOs and consultancy sectors.

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The Elgar Dictionary of Economic Quotations is a unique compendium of quotations on subjects of interest to economists and those who are generally intrigued by the social sciences. The coverage is not merely confined to economists, but includes quotes from essayists, jurists, philosophers, politicians, religious leaders, revolutionaries, scientists, and numerous other important figures who have contributed to our understanding of economic matters. Presented in a highly readable format, this impressive volume contains the thoughts and opinions of hundreds of individuals on issues relating to the economy, government, money, poverty, wealth, and a host of other important topics. Complemented by an extensive list of references and comprehensive subject index, this dictionary will be an invaluable source of reference for anyone who wants to know the answer to the question, 'Who said what about that?'.

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With the European Union striving to become the world's most competitive economy, the developments in the two closely interconnected areas of European corporate law and European company tax law are of utmost importance. This book focuses on the crucial issues raised by these developments, on their far-reaching implications and on the key challenges to the future legislative choices. The book illustrates the key developments in EU corporate law and EU company tax law, the EU planned initiatives in these areas, and - at a time when member states increasingly tend to use company law and company tax provisions to attract businesses and investments - it suggests how future developments can contribute to the undistorted functioning of the internal market and to the strategic 'Lisbon-objective'. The explanation of these legislative and case-law developments is of use to students and indicates new opportunities for business expansion strategies throughout the European Community. The book concludes that new optional, but attractive, EU company law vehicles and company tax regimes would be, in these two areas, the only legal and effective means towards an undistorted functioning of the internal market and towards the Lisbon-objective. This ultimately gives rise to a far-reaching challenge for all debates on the future patterns of European integration.Luca Cerioni introduces new themes for academic research and discussion subjects for decision-makers and at the same time, uniquely, makes these accessible to a much wider international public of students, businesses and practitioners.

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Theories of Financial Disturbance examines how the operations of market-driven finance may initiate and transmit disturbances to the economy at large, by looking in detail at how various economists envisaged such disturbances occurring.This book is more than just a study in the history of economic thought - it illustrates how economic debate focuses upon financial disturbance at times of financial instability, and then conveniently discards critical views when such instability recedes. Jan Toporowski looks at the development of critical theories from the views of Adam Smith and Francois Quesnay, and their reflection in recent new Keynesian ideas of Joseph Stiglitz and Ben Bernanke, through credit cycles in Alfred Marshall and Ralph Hawtrey, to the financial theories of Thorstein Veblen and Irving Fisher. Also studied are the theories of John Kenneth Galbraith, Michal Kalecki, John Maynard Keynes, Charles Kindleberger, Rosa Luxemburg, Hyman P. Minsky, Robert Shiller and Josef Steindl. Not least among the original features of this book are a discussion of Quesnay's attitude towards interest, and a chapter devoted to the work of the Polish monetary economist Marek Breit, whose work inspired Kalecki.Jan Toporowski's fascinating work will find its audience in academics of finance and financial economics, bankers, financiers and policy makers concerned with financial stability as well as anyone looking for arguments on the imperfect functioning of finance.

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The spate of corporate governance scandals in the USA, Asia and Europe during the late 1990s has renewed interest in the role of corporations in society. International organizations such as the World Bank and OECD have come to recognize that corporate law plays an important role in economic development and GDP growth. In this timely and important collection, Jonathan Macey presents the key papers that have influenced the development of corporate law scholarship. The many topics covered include the foundations of the economics of corporate law, the corporation as a nexus of contracts, corporate law from a Coasean perspective, insider trading and jurisdictional competition. The articles and the editor's authoritative introduction are essential readings for those with an interest in corporate law and its economic underpinnings.

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The use of economics to study law was pioneered by the Austrian School of Economics. The nineteenth century founders of the school believed that economics could contribute to understanding the spontaneous development of common law as well as the nature of legal rights. For this insightful research review Mario Rizzo has selected key papers from today's vibrant Austrian School, focusing on the study of property, market-chosen law, slippery-slope analysis, entrepreneurship, institutions, decentralized social knowledge, and the evolution of legal institutions.This title represents the cutting-edge Austrian contributions to economics and will be an essential reference source for both students and researchers.

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China's long-term economic success is driven by new firms, new sectors and new business practices. This book explores the establishment of new private firms and listed companies, the development of knowledge industries, in particular the IT and banking sectors and the co-evolution of public governance and business institutions. The contributors discuss the role of local institutions in coordinating business activities and unleashing entrepreneurship, arguing that the sudden growth of new firms and industries is facilitated by changes in business behaviour and institutions. Initial private exchange and investment in an environment of ill-functioning markets are shown to depend on local networks and local business culture which, in turn, rely on local tax regimes setting incentives for inherited bureaucracies to engage in economic transformation. Finally, the book establishes local institutions and local governance as crucial dimensions of China's emerging business system.Contributing to the theory of endogenous institutional change, The Chinese Economy in the 21st Century will be of great appeal to academics and students interested in management, comparative business systems, transition economics, evolutionary economics, Chinese studies and Asian studies.

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