Search results for ""edward elgar publishing ltd""

Cooperative networks have gained a tremendous amount of attention over the last several years because of their existence not only in biological, social and economic arenas, but because of direct applications in many more areas such as communications, robotics and military sciences. This volume reflects a cross-fertilization of ideas from a broad set of disciplines and creativity from a diverse array of scientific and engineering research.While the benefits of networks in general have been recognized for quite some time, the idea of cooperative networks has several novel implications. Because distributed processing by heterogeneous nodes promises significant increases in system capability, performance and efficiency, research has intensified with a breadth of promising applications. Topics in this volume include networks of unmanned vehicles in uncertain environments, networks subject to eavesdropping and jamming, optimal node task-allocation, network complexity analysis, cooperative search involving multiple unmanned vehicles, and cooperative communications in ad-hoc networks, optimal control and optimization in man-in-the-loop scenarios.A broad array of readers, including faculty, graduate students and researchers interested in optimization, computer science, engineering, the social and behavioral sciences and related applications in cooperative systems will find this volume of great value.

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Charles Whalen's book identifies avenues leading to the revitalization of industrial relations as an academic discipline. The contributors, a stellar assemblage of the field's leading scholars, demonstrate there is much work to be done: the scope and intellectual content of industrial relations need to be reconsidered; academic and social institutions must be reshaped; and new conceptual and practical issues demand attention. The contributors to this volume examine a broad range of issues. Some chapters explore the conceptual boundaries and core assumptions of the field. Others probe how industrial relations correlates with social capital, the law and globalization. Still others outline new approaches to academic programs and institutions, labor and employment journals, and the integration of teaching and community service. A wrap-up chapter by MIT's Thomas Kochan ties all this together and presents additional insights on the revitalization of the field.Industrial relations scholars, labor studies, sociology and business professors as well as many practitioners will find much to recommend in this book.

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This ground-breaking book explains how deep-seated cultural mythologies shape contemporary global leaders and provides insights into navigating the dynamics and complexities in today's era of globalization. The authors use myths to uncover core characteristics and values from 20 different cultural contexts spanning all major regions of the world - the Americas, Europe, Africa and the Middle East, and Asia and the Pacific Rim - that have evolved over generations and continue to shape global leadership models. Commentaries are included from practicing managers and leaders to provide real world insights on the implications of the ideas discussed. International managers and executives, public officials, business consultants and corporate trainers will welcome the insights on cross-cultural leadership styles. The book will also find interest from researchers and students across a broad array of professional and social science disciplines.

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The Chinese insurance industry has experienced rapid development during the past decade. This original book is the first English language study in the literature to address the efficiency issue of the Chinese insurance sector, and presents a comprehensive review on alternative methodologies for analyzing firm efficiency.The authors suggest alternative ways to improve performance of insurance companies in China and make useful policy recommendations on regulation, competition and development of the insurance industry. They expand the applications of data envelopment analysis and stochastic frontier analysis in the literature on technical efficiency and discuss managerial implications for both insurance companies and policymakers.Performance of the Chinese Insurance Industry under Economic Reforms will be significant for academic researchers and students of economics, finance and business. Managers of financial institutions in China and the rest of the world will find this important book intriguing, as will policymakers and regulators working in the financial and insurance industries.

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There was a time when theologians and economists knew much more about each other's work than they do today. This book is dedicated to reconnecting two disciplines that study different dimensions of the human condition. The well respected contributors - economists, theologians, some both - explore the interaction of Christian theology and market economics, from the earliest times to the modern day. There is much to surprise, puzzle and edify serious students of theology and economics as well as the merely curious.This unique work has a historical time-span reaching from Aristotle to the modern day, thus appealing to those interested in the history of ideas and economic thought as well as the links between theological and economic thought. Economists studying the intellectual roots of their discipline, as well as Christians researching the links between Christian beliefs and the worldly philosophy governing everyday commercial lives will also welcome it.

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When law and economics first became an important part of the legal academy, it was a relatively straightforward application of microeconomic theory to legal issues. However, in the past 40 years the field has expanded its toolkit dramatically. This latest volume in the acclaimed Encyclopedia of Law and Economics maps the methodological territory in law and economics with a series of entries by distinguished scholars.These entries introduce and evaluate the law and economics mechanisms, including: the roles of microeconomic theory, public and social choice, history, complexity theory, philosophy, comparative law studies, behavioral economics and empirical techniques. Each one introduces a methodology, demonstrates its importance to the field of law and economics and assists the reader in navigating the leading literature on that topic.This volume will be an essential reference for all those who research or teach law and economics, law and society or empirical methods in law.Contributors include: N. Garoupa, D. Klerman, M.J. McGinnis, T.J. Miceli, M. Pargendler, D. Roithmayr, H. Spector, M.L. Stearns, T.S. Ulen

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Collaborating with Customers to Innovate explores the collaborative potential offered by customers in digital environments to enhance the effectiveness of new product development. The internet has created the problem of an increasing need for innovation in a context where information is transparent, competitors are just one click away, and product lifecycles are shrinking. However, as the book demonstrates, the internet also provides the solution - enabling new forms of value creation with customers and an efficient way to harness distributed competences. Specifically, the authors highlight the role that digital environments play in allowing firms to engage customers in product design and testing. They develop a major review of web-based tools for marketing interaction and then explore the opportunities for sustaining innovation through collaboration beyond the customer-firm relationship. The book enriches an important debate in management and in academia on the new product development process. It encompasses marketing approaches and is sharply focused on the opportunities that digital technologies have created for involving customers in collaborative innovation, and actionable recommendations for putting collaborative innovation to work. The book will appeal to academics as well as practitioners in marketing and new product development as well as MBA students on marketing and new product development courses.

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Networks have a widespread economic significance. They structure the way that market traders interact and configure relations within and between social groups, urban centres and nation states. Networks also determine patterns of authority and dominance in hierarchical organisations such as governments. This authoritative selection of recent work on the economics of networks will appeal to researchers in microeconomics, spatial and business economics as well as international economics and development. Social scientists and natural scientists will also find the book useful as a guide to the increasing wealth of economic literature on networks.

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Second tier high-tech regions are taking a different path than their well-known counterparts such as Silicon Valley or Route 128 around Boston. They may lack many prerequisites of growth such as a world-class research university or high levels of venture capital funding. Often, however, they can successfully leverage anchor firms and entrepreneurial spinoffs. This book explores the evolution of these regions in the United States. The author critically examines how they evolved as knowledge-based economies, how they leveraged entrepreneurship and innovation, and ultimately how they employed public policy to support economic growth. Filling a gap in the literature, the book speaks to researchers and policy makers across the fields of entrepreneurship, economic geography and economic development planning. Entrepreneurship researchers will find this book interesting because it focuses on the role of new venture creation in regional economic development.

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A cast of prestigious international business scholars explores here the emerging challenges and issues facing multinational enterprises. The book integrates the latest theories, thoughts and empirical evidence along with several case studies in international business in the 21st century. It is understood that countries view international business in different ways. The contributors reflect this by offering a wide variety of viewpoints and covering an array of issues, such as foreign direct investment, internationalization, trust and leadership, global education and knowledge transfer. Adding to its value are case studies ranging from American restaurant franchises on the world stage to the influence of the internet on Taiwanese SMEs. The book will be useful to scholars as a research resource, to practitioners as a modern guide and to students of international business as a comprehensive text.

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This essential two-volume collection contains the most influential articles written over the past eight decades that contribute to an understanding of the economics of traffic congestion. The first volume explores the classic contributions on congestion and road pricing and includes papers in dynamic models and second-best congestion pricing. The second volume analyses ownership arrangements such as private roads, investment and financing, urban land use, social acceptability and distributional aspects of road pricing.Erik Verhoef has written an insightful introduction which provides a clear overview of a problem which is of major importance in both developed and developing countries.

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As an essential component for economic growth, energy has a significant impact on the global economy. The need to meet growing energy demand has prompted cutting-edge innovation in clean technology in an attempt to realise environmental and cost objectives, whilst ensuring the security of energy supply. This Handbook offers a comprehensive review of the economics of energy, including contributions from a distinguished array of international specialists. It provides a thorough discussion of the major research issues in this topical field of economics.Themes addressed include the theory of energy supply, demand and policy, empirical modelling of energy demand, holistic energy models, an analysis of coal, gas, electricity, oil and the 'markets' within which they operate, and a discussion of the current key energy policy issues. The topics of pricing, transmission, regulation, security, energy efficiency, new technologies and climate change are also discussed.The International Handbook on the Economics of Energy presents a comprehensive overview of the state-of-the-art research making it an indispensable reference for researchers, advanced students, practitioners and policy-makers alike.

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This book, written by a lawyer and an economist both of whom have worked extensively in the field of international trade, offers a challenging and thought-provoking consideration of actions against dumping and export subsidies. Unlike many books in the field which simply set out the relevant international agreements and discuss their interpretation by various regulatory authorities, this book identifies numerous contradictions found in existing law and practice. Many of which, the authors argue, defy economic as well as legal logic. In light of their analysis, the authors propose a number of changes to current law and practice. Whilst they are under no illusion of the likelihood that such changes will occur in the relevant agreements in the near future, it is hoped that through compelling argument they can not only contribute to future debate, but also shape the way these issues are treated in practice.Providing a critical analysis of the commonly used trade measures against dumping and export subsidies, Anti-Dumping and Countervailing Action will be of international interest, especially to regulatory authorities, trade lawyers, trade economists and scholars and students in business school

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There is a broad range of literature on the economics of insurance and risk management. This timely publication contains recent theoretical contributions to the economics of insurance and presents empirical tests and applications of the theory to many different insurance markets. It also offers important insights into the factors influencing corporate risk management decisions, and the theoretical underpinnings for why corporations with well-diversified shareholders would reduce risk. This two-volume set will be an essential resource to everyone with an interest in these important subjects.

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This volume presents the most important published articles on arbitration, which is now an established dispute resolution method for the international business community.Complemented by the editors' authoritative introduction, this collection critically examines theoretical foundations as well as empirical and experimental evidence on the nature, efficacy and limitations of commercial dispute arbitration. With emphasis on dispute resolution in both developed and developing economies, this timely volume is indispensable for researchers in law and economics. Corporate and legal practitioners interested in the growing importance of arbitration in economic transactions will also find this an invaluable reference tool.

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This book draws together leading academics to provide a state-of-the-art overview of the key challenges to entrepreneurship in Europe. Relationships between entrepreneurship, competitiveness and local development are assessed from various perspectives, and the important role played by entrepreneurs and small firms in fostering economic development in emerging as well as in developed countries is explored. Topics included within these parameters are venture capital, start-ups, entry barriers, the role of gender, refugee entrepreneurship and technological entrepreneurship. Researchers and scholars focusing on the areas of entrepreneurship and small business management will find much to interest them within this book, as will policy-makers involved in the promotion and support of local development and entrepreneurship.

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This unique collection of largely unpublished papers brings together the founding fathers of law and economics to provide their own views on the origins and intellectual history of the field. Law and economics emerged as a separate field of scholarship during the early 1960s, fueled by two seminal papers, one by Ronald Coase and one by Guido Calabresi. The ideas generated by scholars researching in the field have deeply influenced the major disciplines of economics and the law.These 16 essays (including three by Nobel Laureates in Economic Sciences) provide an impressive blend of differing experiences and varying perspectives, reflecting on the intellectual foundations of the field, its early struggles for recognition, and its remarkable advance during the last four decades of the twentieth century, and into the twenty-first. The essays clearly outline, and contribute new insights into, all of the central issues of this still vibrant research programme. A unifying theme of the book is the central importance attached by each scholar to scientific analysis, rather than to any particular ideology or dogma.This book provides an absorbing intellectual history of law and economics, and will be a fascinating read for academics and researchers with an interest in law and economics, the history of economic thought, public choice and public policy.

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The question of how to measure and improve productivity in services has been a recurrent topic in political debates and in academic studies for several decades. The concept of productivity, which was developed initially for industrial and agricultural economies poses few difficulties when applied to standardized products. The advent of the service economy contributed to call into question, if not the relevance of this concept, at least its definition and measurement methods. This book takes stock of the issues met by productivity in services on theoretical, methodological and operational levels.The authors examine various definitions of productivity and the main methods of its measurement. A survey of recent conceptual and methodological debates on the notion of productivity is also presented. A more operational and strategic perspective is then adopted in order to identify and analyze the main levers, factors and determinants for improving productivity and, more generally, the actual strategies adopted for this purpose in firms and organisations.Providing a deep understanding of the specific and underestimated performance processes within service industries, this book will be of great interest to those involved in industrial economics, management science and public administration.

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This book advances a social-theoretic treatment of public finance, which contrasts with the typical treatment of government as an agent of intervention into a market economy. To start, Richard Wagner construes government not as an agent but as a polycentric process of interaction, just as is a market economy. The theory of markets and the theory of public finance are thus construed as complementary components of a broader endeavor of social theorizing, with both seeking to provide insight into the emergence of generally coordinated relationships within society. The author places analytical focus on emergent processes of development rather than on states of equilibrium, and with much of that development set in motion by conflict among people and their plans. Some of the book's defining characteristics include: Budgets emerge through organizationally constituted political entrepreneurship Government is construed as a process of interaction and participation and not as a unitary entity of intervention Government and markets are incorporated into a unified theory of property which is traced to human nature and its requirements for both autonomy and solidarity. Richard Wagner's book will be of interest to researchers in public finance, public choice, Austrian economics, political science and public policy.

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Scholarship of multi-level governance has developed into one of the most innovative themes of research in political science and public policy. This accessible Handbook presents a thorough review of the wide-ranging literature, encompassing various theoretical and conceptual approaches to multi-level governance and their application to policy-making in domestic, regional and global contexts. The importance of multi-level governance in specific policy areas is highlighted, and the contributors - an international group of highly renowned scholars - report on the ways in which their field of specialization is or may be affected by multi-level governance and how developments could affect its conceptualization. European integration is considered from its unique standpoint as the key catalyst in the development of multi-level approaches, and the use of multi-level governance in other parts of the world, at both domestic and regional levels, is also considered in detail before focus is shifted towards global governance. The Handbook concludes with a presentation of six policy fields and instruments affected by multi-level governance, including: social policy, environmental policy, economic policy, international taxation, standard-setting and policing.This comprehensive Handbook takes stock of the vast array of multi-level governance theory and research developed in subfields of political science and public policy, and as such will provide an invaluable reference tool for scholars, researchers and students with a special interest in public policy, regulation and governance.Contributors: M.W. Bauer, M. Beisheim, A. Benz, T.A. Börzel, D. Braun, T. Büthe, S. Campe, S. Clarkson, H. Enderlein, B. Geys, A. Graser, T.N. Hale, M. Hallerberg, A. Hassel, E. Herschinger, S. Hix, L. Hooghe, C. Humrich, M. Jachtenfuchs, C. Jeffery, I. Kaul, K.A. Konrad, C. Kraft-Kasack, S. Kuhnle, G. Marks, W. Mattli, F.W. Mayer, A. Obydenkova, B. Rittberger, T. Rixen, A. Sbragia, M. Schäferhoff, F.W. Scharpf, J.A. Scholte, M.A. Schreurs, A.-M. Slaughter, M.B. Stein, W. Swenden, L. Turkewitsch, S. Wälti, B. Zangl, M. Zürn

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Deng Xiaoping's economic strategy is widely regarded as a complete anathema to Mao's, but this study strongly argues that without the material foundations laid by Mao, it would have been very difficult for Deng to launch his reform and open-door policy. Deng basically shared Mao's aspirations and approach in pursuit of China's industrialization, and this had in fact helped to condition him to the successful gradualist methodology. Deng lost patience at times and resorted to the 'big bang' strategy, only to fail miserably. Taken together, the book tells a new story about the economics of China's transition.This is a highly thought-provoking study, blending institutional and convincing statistical analysis. It will appeal to scholars and academics interested in the background and process of China emerging as an economic giant and especially to students of economics, politics, international business and globalization studies who aspire to an alternative, 'non-Left' re-interpretation of Mao's legacy.

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This path-breaking book considers the recent trend for governments to look increasingly to private sector finance, provided by private enterprises constructing and managing public infrastructure facilities in partnership with government bodies. One outstanding feature of the book is that it brings together an academic assessment of this phenomenon with practitioner-based experience of organizing partnerships and advising government bodies in Australia, Canada, Continental Europe, Hong Kong and the UK. While the volume, as a whole, draws on this extensive experience of the market, there are also a number of specific case studies. Developments in the major advanced countries are covered, along with the potential for public private partnerships in developing countries and transition economies.Combining practitioner knowledge and academic perspective and integrating engineering, economics and finance literature, Public Private Partnerships will be of great interest to economists, engineers, investment banks and government bodies.

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Governing beyond the nation state in multi-level governance systems is a key concern in Europe, and this book goes beyond the usual approach of merely describing characteristics and features in its in-depth exploration of EU governance. The contributors illustrate that multi-level governance is a phenomenon perceived differently all over Europe. They observe distinct variations not only in the real-life impact of EU governance but also in different national research approaches, and showcase systematic empirical analyses of pertinent research projects across Europe. Recent advances in EU governance research form the basis for suggestions on how future research agendas could and should be directed. This book will prove a fascinating read for academics, researchers and students with an interest in comparative governance, EU studies, and the social sciences.

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It has long been recognized that R&D plays a key role in the global battle for technological leadership. However, due to intense competition and rivals' imitations, firms are not always able to reap rewards from their innovations. Mario Kafouros theoretically and empirically examines the impacts of innovation and scientific knowledge on the productivity performance of multinational corporations, and the conditions under which companies benefit from their technological discoveries. The book also investigates the extent to which the research efforts of other companies can contribute to a firm's productivity, and how multinationals build on external inventions, ideas and knowledge.The results confirm that not all firms can benefit from innovation, and indicate that whilst some companies can turn technological advances into a powerful competitive weapon, innovation for others is merely a defense mechanism. To provide a clearer understanding of the relationship between innovation and firm productivity performance, the book also investigates a number of additional issues including the costs of R&D, the association between the Internet and R&D efficiency, and the role of competition, internationalization, firm size and technological opportunities.This book will appeal to academics and researchers in the fields of international business, innovation and R&D, productivity and firm performance, the economics of technological change, and knowledge management. As the author examines the conditions under which firms benefit from innovation, managers, R&D directors, economists and government agents may also use the research findings in order to develop strategies and policies to maximize the impacts of innovation.

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Entrepreneurship is an emerging, dynamic and to a considerable extent, unpredictable phenomenon. Thus, it makes for a challenging research subject. In this book, one of the most experienced empiricists in the field has collected some of his most important ideas on how improved conceptualization and research design can make this challenge more manageable.Per Davidsson addresses questions such as: What precisely is entrepreneurship and entrepreneurship research? What unique contribution can it make compared with research in other fields? Conversely, how can scholars with different disciplinary backgrounds best contribute to the study of entrepreneurship? What does the emergent and highly diverse nature of entrepreneurship imply for research design? And what is required from entrepreneurship researchers - and practitioners - in order for the research to make strong contributions to business and policy practice?This comprehensive, in-depth account of how the emergence of new entrepreneurial activity can be studied will be warmly welcomed by researchers and academics in the areas of entrepreneurship, innovation and methodology and research design.

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This book offers the first systematic discussion of a new and promising field: the economics of independence, accountability and governance of financial supervision institutions. For a long time the design of supervision had been an irrelevant issue, both in theory and practice. This perception changed dramatically in the mid-1990s, and over the past decade many countries have witnessed changes in the architecture of financial supervision. This book presents frameworks for analyzing the emerging supervisory architectures and sheds light on the different supervisory regimes, with a particular focus on the role of central banks. It takes a country-specific, comparative and empirical approach. Designing Financial Supervision Institutions will be an accessible reference tool for multidisciplinary scholars and academics (principally economics, but also politics and law), policymakers, regulators and supervisory institutions.All royalties from this book to go to the UK charity, NSPCC.

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Terutomo Ozawa examines Japan's once celebrated post-war economic success from a new perspective. He applies a 'flying geese' model of industrial upgrading in a country that is still catching-up, to explore the rise, fall and rebound of Japanese industry with its evolving institutions and policies. The book brings together and expands upon theories developed in the author's work over many years, using them as building blocks for his flying geese model. Concepts explored include: economics of hierarchical concatenation, increasing factor incongruity, comparative advantage (or market) recycling the Ricardo-Hicksian trap of industrial production, Smithian growth elan, triumvirate pro-trade structural transformation knowledge creation versus knowledge diversion, the price-knowledge/industry-flow mechanism 'a la David Hume' he syndrome of institutional incongruity, and socially justifiable moral hazard versus degenerative moral hazard. The dynamic process of industrial upgrading is analysed in detail, and important lessons for both developing and transition economies are highlighted. This fascinating book will attract a wide-ranging readership, encompassing practitioners and academics interested in international business, economic development, trade, and political science. In addition, sociologists focussing on business and industry, and researchers on, and policymakers in, developing and transition economies will also find this book of immense interest.

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This major Handbook comprehensively surveys the rapidly growing field of the economics of education. It is unique in that it comprises original contributions on an exceptional range of topics from a review of human capital, signalling and screening models, to consideration of issues such as educational externalities and economic growth, funding models, determinants of educational success, the educational production function, educational standards and efficiency measurement. Labour market issues such as the market for teachers and the transition of students from school to work are also explored.The International Handbook on the Economics of Education will be warmly welcomed by academic economists, educational researchers and practitioners in educational management as well as policymakers. Comprising specially commissioned articles, the Handbook will become indispensable reference for this ever topical field of study.

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This book showcases advanced empirical research that applies the concept of organizational routines to understanding organizations and how they change and evolve. The contributions gathered in the book cover qualitative, quantitative, and archival methods for empirical research applying the concept of organizational routines. Specific issues highlighted include the use of event-sequence methods in the analysis of organizational routines, the impact of standard operating procedures on recurrent behaviour patterns, and the stability, resilience, and change of organizational routines. The book thus provides an overview of different empirical methods applied to study organizational routines, and of their prerequisites, analytical power, and contribution.This comprehensive book will be of great interest to scholars and postgraduate students in the fields of organization theory, strategy, and organization behaviour. Researchers in organization, management and economic science, organizational change and evolutionary theories will also find this book invaluable.

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Governance 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.

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This insightful and original book considers the evolution, aims and developments of EU antitrust policy, and focuses on the way in which the European Commission has sought to combat cartels.Lee McGowan expertly explores the European Commission?s cartel policy by examining competition policy from a politics/public policy perspective, and discusses the actors, ideas and policy developments involved. This topical study of EU cartel policy provides a fascinating account of supranational governance in action as the Commission looks for increasingly imaginative means to detect, unearth and penalize cartel offenders, through new regulations and strategic policy choices. The author traces the evolution of the European approach to cartels from 1870 with a major focus on the developments after 1945, especially the institutional architecture and policy advancements.This unique book will be invaluable for students of politics and European integration whose focus is on the politics and policies of the EU and, in particular, on cartel policy. It will appeal to students of law, public policy, business and European studies and will also prove enticing for those studying regulatory politics and policy making.

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This book surveys the competing, or sometimes complementary, roles of the state and the market in shaping China's pattern of regional development during the Communist era. The uneven pace of industrialisation across China's provinces during its economic transition raises numerous questions regarding spatial patterns of industrial development in a developing, transitional economy. Jane Golley's book answers questions such as: Why have inter-regional inequalities in industrial development come to exist? Why are they tending to increase? How have regional policies and reform strategies impacted on these trends? How, if at all, can these trends be reversed? A comparative economic systems analysis of the Mao and Deng eras, combined with theoretical and empirical evidence of the disequilibrium nature of regional development, depicts the recent trend of rising inequality across China as being both inevitable and ongoing. The central government's 'Western Development Strategy' is assessed in this context.The most novel contribution of the book is the development of a framework for thinking about regional development and policy, which combines two distinct approaches - 'new' economic geography and comparative economic systems analysis - which can be used to understand patterns of regional development anywhere in the world. The application of this framework to regional development during the Mao and Deng eras provides a uniquely holistic and easy-to-read coverage of the topic.The Dynamics of Chinese Regional Development will appeal to undergraduate and postgraduate students of the Chinese economy. The book will also find an audience in scholars and researchers of Chinese and Asian studies more generally as well as students and scholars of economics, political economy and regional science.

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Keynes, the Keynesians and Monetarism is a major contribution to the continuing debate on macroeconomic policy-making. Tim Congdon has been a strong supporter of monetarist economic principles for over 30 years. His writings - in the newspapers and for parliamentary committees, as well as in academic journals - played an influential role in the transformation of British macroeconomic policy in the 1980s and 1990s. This book brings together the main papers written by the author since his 1992 collection, Reflections on Monetarism. It challenges several 'conventional wisdoms' about UK macroeconomic policy (and thinking about policy), arguing - for example - that the Keynesians' advocacy of incomes policy and fiscal activism in the immediate post-war decades did not have a clear basis in Keynes's own writings. The book denies that the UK had a 'Keynesian revolution', in the sense of a deliberately pursued fiscal activism to promote 'full employment'. Implicit throughout the volume is a distinctive view of how the economy works, with an account of the transmission mechanism (from money to the economy) in which movements in asset prices and aggregate demand are strongly influenced by the quantity of money. Congdon uses this approach to demonstrate that monetary policy has had more powerful effects on macroeconomic activity in the post-war period than fiscal policy. He also suggests that the now fashionable 'New Keynesian' view of policy-making acknowledges the primacy of monetary policy and would be better termed 'output gap monetarism'. In short, Keynes, the Keynesians and Monetarism contends that monetarism defeated Keynesianism in the battle of ideas in the 1970s and 1980s. The achievement of greater macroeconomic stability in the last 15 years is largely due to the impact of monetarist thinking on policy-making.The book is clearly and attractively written, and covers topics that are fundamental to macroeconomic thinking and policy-making. It will be a provocative and appealing read for scholars at all levels of economics, macroeconomics and monetary theory. It will also find an audience among policymakers in central banks and finance ministries, business economists working in companies, and financial economists in the City of London and other centres.

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This book offers a selection of materials that enable a better understanding of some of the most important changes that would be introduced by the Treaty establishing a Constitution for Europe in the EU legal and political system. It also helps to assess the need for the reforms embedded in the Constitutional Treaty as well as the quality of the formulations agreed upon by the signatory Member States.The book includes excerpts of the European Convention's work, selected statutory and constitutional provisions of the Member States, and also related passages from pertinent court decisions - from both European courts as well as Member States' constitutional courts. Institutional and doctrinal analyses and relevant excerpts from the Constitutional Treaty itself are also included. Many of these documents directly relate to the provisions of the Constitutional Treaty, while the others, although not directly related, are nevertheless relevant to the debate surrounding it.The European Constitution, by two of the best experts on the Constitution for Europe, will be of great interest to researchers and teachers in the fields of European Law and European politics, and also to policy makers in European affairs.

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In an increasingly globalised world, place and provenance matter like never before. The law relating to Geographical Indications (GIs) regulates designations which signal this provenance. While Champagne, Prosciutto di Parma, Café de Colombia and Darjeeling are familiar designations, the relevant legal regimes have existed at the margins for over a century. In recent years, a critical mass of scholarship has emerged and this book celebrates its coming of age. Its objective is to facilitate an interdisciplinary conversation, by providing sure-footed guidance across contested terrain as well as enabling future avenues of enquiry to emerge.The distinctive feature of this volume is that it reflects a multi-disciplinary conversation between legal scholars, policy makers, legal practitioners, historians, geographers, sociologists, economists and anthropologists. Experienced contributors from across these domains have thematically explored: (1) the history and conceptual underpinnings of the GI as a legal category; (2) the effectiveness of international protection regimes; (3) the practical operation of domestic protection systems; and (4) long-unresolved as well as emerging critical issues. Specific topics include a detailed interrogation of the history and functions of terroir; the present state as well as future potential of international GI protection, including the Lisbon Agreement, 2015; conflicts between trade marks and GIs; the potential for GIs to contribute to rural or territorial development as well as sustain traditional or Indigenous knowledge; and the vexed question of generic use.This book is therefore intended for all those with an interest in GIs across a range of disciplinary backgrounds. Students, scholars, policy makers and practitioners will find this Handbook to be an invaluable resource.Contributors include: E. Barham, D. Barjolle, L. Bérard, D.S. Gangjee, D. Gervais, M. Geuze, B. Goebel, M. Groeschl, M. Handler, C. Heath, D. Marie-Vivien, J.M.C. Martín, P. Mukhopadhyay, D. Rangnekar, B. Sherman, A. Stanziani, S. Stern, A. Taubman, L. Wiseman, H. Zheng

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The essence of democratic power lies in the capacity to protect individual freedom while organizing the necessary coercion associated with any form of government. Yet, as the authors of this book maintain, developing coercion in order to protect freedom, and containing coercion in order to further protect freedom, is an arduous task, and one that faces any democratic Leviathan. The aim of this book is to explore this paradox and to analyse the intricate balance of freedom and coercion in developing states. In so doing it considers the legal and institutional conditions under which coercion and violence are admitted and/or permitted, and how these conditions should be organized in order to preserve and develop freedom as far as possible.Democracy, Freedom and Coercion comprehensively covers both private and public law, both applied and theoretical issues, and will therefore be of great interest to students studying law and economics. It will also serve as a reference tool to those academics in the field of legal competition, especially from the perspective of European issues.

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The people of South Africa, and the African National Congress-led government, have made extraordinary social and economic advances since ending apartheid and beginning the transition to democracy in 1994. But the country still faces severe problems of mass unemployment, underemployment and poverty. This study, sponsored by the United Nations Development Program, presents a detailed economic program designed to produce major reductions in unemployment and poverty, and a general spreading of economic well-being, and to achieve these ends in a manner that is sustainable over a longer-term framework. The 'employment-targeted' program developed here builds from standard policy tools and initiatives already undertaken by the government in the areas of macroeconomic policy, development banking and large-scale credit subsidies, labor-intensive public investments, and social welfare expenditures. The authors introduce these measures alongside specific proposals in the areas of fiscal budgetary control, inflation control and exchange rate management. Students and scholars of development economics will find this analysis of South Africa's economy, and the authors' plan for stimulating job growth, of great interest.

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In this thought-provoking collection, Professor Epstein brings together the leading articles which explore the economic approach to the two major issues of constitutionalism. The first volume deals with structural protections that are afforded by the separation of powers, the use of checks and balances, and the institutions of federalism. The second volume deals with the protection of individual rights in connection with property, speech, religion, due process and equality. Both volumes focus on the extent to which assumptions about self-interest and human nature influence the choice of social institutions. They offer extensive comparisons between the classical liberal and social democratic views of constitutional law. Professor Epstein's lengthy and careful introduction seeks to weave together the diverse approaches to constitutional law exhibited in these volumes.

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In this thorough and enlightening book, the authors examine the role of law in developing the large financial markets necessary for national economic success. They discuss the basic foundational law of contracts, property and tort, corporate law, and securities law, providing both a broad theoretical and empirical case for its value in financial markets. The book begins with an historical analysis of the law's development, reviewing the legal governance of corporate finance with an emphasis on the development of US securities law in the twentieth century. Also provided is an extensive empirical analysis of the law's effect. A unique benefit of the book is its integration of all the relevant aspects, rather than examining them in isolation. Chapters cover the role of law in corporate finance, behavioral and empirical analyses, as well as current controversies in law and corporate finance. Ultimately, the book is a defense of the economic value of the law in the United States and throughout the world.Students and scholars of business and law will find much of interest in the authors' comprehensive study of the rule of law in today's financial markets.

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Social Impact Assessment (SIA) is the process of analysing and managing the intended and unintended consequences on the human environment of planned interventions (policies, programmes, plans, projects) so as to bring about a more sustainable and equitable biophysical and human environment. This important Handbook presents an indispensable overview of the range of new methods and of the conceptual advances in SIA.Recent increased attention to social considerations has led to substantial development in the techniques useful to, and the thinking in, SIA. A distinguished group of contributors provides an up-to-date and comprehensive account of the cutting-edge in SIA development.This Handbook outlines a new understanding and definition of SIA and, as such, will be an invaluable reference tool for both practitioners and scholars at different levels working in the fields of SIA and environmental studies (including both impact assessment and management).

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This significant book explains how work-life balance is being destroyed because individuals fail to link their work effort with its adverse environmental effects and the personal costs they impose.The burgeoning literature dealing with work-life balance suggests that the developed world is more interested in this issue today than at any other time in the recent past. Provocative and insightful, Work, Leisure and the Environment presents a rigorous explanation based on economic theory as to why contemporary societies suffer from over-work and work-life imbalance, asserting that they are both the cause and effect of environmental degradation. The author focuses upon a fundamental flaw in contemporary market economies that causes individuals to unknowingly reduce their well-being by working and consuming excessively, while enjoying inadequate leisure time. It is argued that this inability to correctly assess the benefits derived from their work effort causes individuals to place unreasonable and unsustainable demands on the environment. By ignoring the environmental destruction that accompanies work effort, its benefits are overestimated and, as a consequence, individuals voluntarily choose to work longer hours than they should. This engaging volume will have widespread appeal amongst researchers and policymakers interested in the environment, consumerism and labour markets and will also be an invaluable reference tool for studies into leisure and work-life balance.

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Ecological Economics and Sustainable Development comprises a carefully chosen selection of some 25 articles, speeches, congressional testimonies, reviews, and critiques from the last ten years of Herman Daly's ever-illuminating work.This book seeks to identify the blind spots and errors in standard growth economics, alongside the corrections that ecological economics offers to better guide us toward a sustainable economy - one with deeper biophysical and ethical roots.Under the general heading of sustainability and ecological economics, many specific topics are here brought into relation with each other. These include: limits to growth; full-world versus empty-world economics; uneconomic growth; definitions of sustainability; peak oil; steady-state economics; allocation versus distribution versus scale issues; non-enclosure of rival goods and enclosure of non-rival goods; production functions and the laws of thermodynamics; OPEC and Kyoto; involuntary resettlement and development; resource versus value-added taxation; globalization versus internationalization; immigration; climate change; and the philosophical presuppositions of policy, including the policies suggested in connection with the topics above.This fascinating work will appeal to scholars and academics of ecological, environmental, development, and environmental resource economics and studies.

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This book expands the business network view on managerial issues in multinational corporations. Specifically, it scrutinises the importance of a subsidiary's external and internal business network for its strategic and organizational role within the corporation.The internationalisation of firms in terms of management issues and headquarters control, the influence of subsidiaries on decisions and learning processes within multinational corporations are examined in detail. It is argued that to understand these issues, it is necessary to analyse the context of the multinational corporation in terms of the subsidiaries' external and internal business networks. The authors also explore the extent to which subsidiaries are embedded in close relationships with other business partners and the ability of headquarters to retain control if their subsidiaries are given the opportunity to influence decisions concerning strategic investments. The theoretical elements of the book are underpinned by illustrative cases from an extensive database of 20 multinational corporations.Grounding its analyses and conclusions on unique and extensive data on specific business relationships at the subsidiary level in multinational corporations, this book will be invaluable to students, researchers and lecturers focusing on management and international business.

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Throughout the world, migration is an increasingly important and diverse component of population change, both at national and sub-national levels. Migration impacts on the distribution of knowledge and generates externalities and spillover effects. This book focuses on recent models and methods for analysing and forecasting migration, as well as on the basic trends, driving factors and institutional settings behind migration processes.Migration and Human Capital also looks at many current policy issues regarding migration, such as the creative class in metropolitan areas, the brain drain, regional diversity, population ageing, illegal immigration, ethnic networks and immigrant assimilation. With specific reference to Europe and North America, the book reviews and applies models of internal migration; analyses the spatial concentration of human capital; considers migration in a family context; and addresses the political economy of international migration. This book will be invaluable for researchers and policy makers in the fields of internal and international migration. It provides up-to-date readings for advanced courses that focus on migration and population change in a global context.

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Redesigning the Welfare State argues that the current high level of unemployment in Germany not only creates a major challenge for the German welfare state, but is to a good extent caused by the way the country's welfare system is designed. The authors review the public debate on labour market reforms, which has been ongoing since 2002, and discuss the first set of reforms that have been enacted since then. As the reforms carried out so far fall short of what is actually needed to increase employment and economic growth in the Eurozone's largest economy, the authors introduce a proposal for a more fundamental redesign of the German welfare state. With comparative discussions of important elements of recent labour market reforms in the US, the UK and the rest of Europe, this book will appeal to all labour market researchers, and to those with an interest in applied work and policy advising in Germany. It will also appeal to decision makers and experts at international organisations and think tanks with a specialisation on Europe and Germany.

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For this important collection, Professor O'Hara has selected some cutting-edge previously-published work on the application of economic analysis to the conflict of laws. This authoritative two-volume set offers theoretical and empirical insights into existing approaches to choice of law and the effects of conflicting choice-of-law approaches on judicial decision-making. It investigates several competing proposals for more efficient choice-of-law systems, including a special section on torts. Further topics include evaluations of contract clauses (including choice-of-law and choice-of-forum provisions), and the effects of party choice on jurisdictional competition by states to provide more desirable laws, with examples relating to securities regulation, bankruptcy rules, law firm rules of ethics, same-sex marriage laws and asset protection trust law. A game theoretic analysis of interstate judgment recognition is also included.These two volumes will be an extremely useful resource for students and for scholars wishing to contribute to the next generation of the economics of conflict of laws.

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This is the only book that provides a comparative analysis of local government reforms in six developed Anglo-American countries: Australia, New Zealand, Britain, Ireland, the United States and Canada. The authors provide important insights on the factors that have driven local government reforms and the effects of those reforms. The emphasis on these English-speaking common law democracies facilitates an analysis of the essential features of local government reform programs and the common factors driving them.The book is unique in that it provides a systematic comparative analysis of municipal reform by using an analytical framework that focuses on structural, functional, financial, jurisdictional and organizational/managerial reform in each of the six countries. It can be used as a valuable reading in advanced level undergraduate and graduate courses in local government and public administration politics, as well as in local government administration and policy making. Academics and students of local government and policy makers will be pleased with this thorough treatment of the subject.

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Environmental conflicts over sustainability, environmental impact assessment (EIA), biodiversity, biotechnology and risk, chemicals and public health, are not necessarily legalistic problems but land use problems. Edward Christie shows how solutions for these conflicts can be found via consensual agreement using an approach that integrates law, science and alternative dispute resolution (ADR) and reframes the role of law and science. This book assesses the key unifying principles of environmental and administrative law in Australia, the UK/EU and USA, together with accepted scientific concepts for environmental management and protection. By doing so it provides a cross-disciplinary approach to collaborative problem-solving and decision-making, using ADR processes to resolve environmental conflicts, and will be valuable to environmental professionals. The book also promotes the use of Indigenous traditional knowledge for resolving conflicts over sustainability, biodiversity and the EIA process.The book has been written to meet the requirements of any environmental professional - lawyer, scientist, engineer, planner - who directly, or indirectly, may be involved in development or planning conflicts when the environment is an issue. For the lawyer, this book, with its focus on understanding and integrating unifying legal principles and scientific concepts, consolidates opportunities for assessing and resolving environmental conflicts by negotiation.For the environmental professional, the book provides opportunities for managing environmental conflicts. In addition, opportunities are identified for resolving environmental conflicts by negotiation, but in quite specific situations i.e. when the interpretation and application of questions of law are not in issue and only factual (scientific) issues are in dispute. It will of course be of great interest to academics and researchers of environmental studies and environmental law. It will also appeal to the Indigenous community, environmental groups and local communities who are seeking more direct and effective inputs into finding sustainable solutions for environmental conflicts.

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