Search results for ""author ltd e"

Martin Chick's book is a major economic and historical study of the development of electricity and energy policy in Britain, France and the United States since 1945. Using newly available archival material the author draws important comparisons between these countries and includes all of the fuel and power industries.Among the issues covered within this book are: nationalisation and privatisation; regulation, deregulation and liberalisation; marginal cost pricing; investment appraisal; the OPEC oil price hikes of the 1970s; the European Coal and Steel Community; domestic and international threats to national energy security; the electricity blackouts in California; the efforts of the European Commission to promote competition in national and transnational electricity markets; and the influence of history on current discussions of energy policy. The book blends economic theory with historical evidence and is as interested in the political factors affecting the implementation of theory as in the theory itself.It will be of interest to all students and scholars of environmental studies, politics, economics, business and industrial history, as well as to anyone interested in placing the current debates on electricity and energy policy in their historical perspective

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This fascinating volume offers a critique of recent institutional and cultural turns in heterodox economics and political economy. Using seven case studies as examples, the authors explore how research on sense- and meaning-making can deepen critical studies in political economy, illuminating its role in critiquing the specific categories, contradictions and crisis-tendencies of capitalism.Parts I and II provide a foundation in institutionalism, international political economy and historical semantics, before introducing an original account of sense- and meaning-making and its role in remaking social relations. This account connects the evolution of both economic and extra-economic concepts to dispositives (problem-oriented social fixes), institutions, and capitalist restructuring. In Parts III and IV, specific case studies demonstrate how this new research program can be applied to issues such as competitiveness, the knowledge-based economy, governmental technologies, institutional and spatio-temporal fixes and crisis management.Scholars and students of heterodox, cultural, political and institutional economics will find this book a comprehensive and illuminating addition to their libraries.

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This book proposes a new way of tracing the history of the Early Modern Spanish novel through the prism of literary continuation. It identifies and examines the Golden Age narratives that invented the sequel and the narrative genres that the sequel in turn invented. This book proposes a new way of tracing the history of the Early Modern Spanish novel through the prism of literary continuation. It identifies and examines the Golden Age narratives that invented the sequel and the narrative genres that the sequel in turn invented. The author explores the rivalries between apocryphal and authorized sequelists that forged modern notions of authorship and authorial property. The book also defines the sequel's forms and functions, filling a major gap in literary theory in general and Peninsular literary studies in particular. Notably, the author demonstrates that the sequel develops first and foremost in Early Modern Spain, an unacknowledged and unexamined contribution to Western letters. With its panoramic scope, this study serves as an introduction to the central novelistic genres and texts of Early Modern Spain. From this foundational starting point, it alsooffers a general framework for understanding imaginative expansion in subsequent time periods and literary traditions. William H. Hinrichs is a founding faculty member and Assistant Professor of Modern Languages at Bard High School Early College, Queens.

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Economics of Knowledge explores the theory and empirical facts needed for rational decisions on knowledge investments, creative processes and management of knowledge based industries and institutions. The accumulation of knowledge through higher education, scientific research and industrial R&D is a key factor in economic and social development. This timely and valuable book focuses on the micro- and macroeconomics of knowledge production, and on the analysis of technical constraints, possibilities of collaboration and incentives for scientists, academic teachers and students. The authors move on to analyze the advantages and disadvantages of centrally controlled and competitive university systems, before concluding with a set of decision-making rules for government, university administrations and industry.This book on a hotly contested subject will be widely sought after by those with an interest in economics, management, operations research, regional science and planning as well as consultants to knowledge based industries. R&D managers of industrial firms will learn a great deal from this book as will managers of universities and research institutes.

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The Changing Global Economy and its Impact on International Entrepreneurship addresses different changes and challenges that small and medium sized enterprises (SMEs) face in an economy where they need to compete at home and cannot refrain from participating in international markets. Contributors examine diverse SMEs that have succeeded in the face of adversity. They offer a combination of practical strategies and efficient tactics, grounded in solid theory and research, for firms in different competitive industries.This volume presents a collection of 12 carefully selected chapters that highlight challenging real-world cases to illustrate a variety of difficult problems. Hamid Etemad presents an analytical framework with three levels of analysis - entrepreneurial level, firm level, and institutional level - to document comprehensive, realistic and experientially-based entrepreneurial initiatives, potent firm and public policy strategies and informative and applicable results.The interactive structural design of this book offers progressively higher levels of analysis and incisive lessons, which make it perfect for academics interested in the rich range of theories, methodologies and topics surrounding SMEs' internationalization processes. Its analysis will also inform management and effective policy formulation for entrepreneurs, managers, and policymakers.Contributors: J. Almarri, S. Aureli, L. Battaglia, E. Cedrola, M. Del Baldo, S. Denicolai, N. Dominguez, H. Etemad, B. Hagen, E.J.B. Jørgensen, K. Juusola, D. Kabbara, S. Kock, H. Le Nguyen, J.I.G. Meewella, M. Migliaccio, A.G. Quaranta, E. Rasmussen, F. Rivetti, V. Stanisauskaite, I. Wictor, A. Zucchella

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Contemporary law and economics has greatly expanded its scope of inquiry as well as its sphere of influence. By focussing specifically on a comparative approach, this Handbook offers new insights for developing current law and economics research. It also provides stimuli for further research, exploring the idea that the comparative method offers a valuable way to enrich law and economics scholarship.With contributions from leading scholars from around the world, the Handbook sets the context by examining the past, present and future of comparative law and economics before addressing this approach to specific issues within the fields of intellectual property, competition, contracts, torts, judicial behaviour, tax, property law, energy markets, regulation and environmental agreements.This topical Handbook will be of great interest and value to scholars and postgraduate students of law and economics, looking for new directions in their research. It will also be a useful reference to policymakers and those working at an institutional level.Contributors: G. Bellantuono, Y.-c. Chang, R.K. Christensen, E. Colombatto, T.F. Cotter, A. Foddis, N. Garoupa, D.J. Gerber, W.J. Gordon, V.P. Hans, K.A. Houghton, K.-C. Huang, R. Ippoliti, A. Jolivet, A. Kreis, E. Marelli, N. Mercuro, T.J. Miceli, H.T. Naughton, I.P.L. Png, G.B. Ramello, F. Revelli, M. Signorelli, H.E. Smith, J. Szmer, T.S. Ulen, Q.-h. Wang, P.K. Yu

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Since the mid 1990s, the focus of European employment and social policy has shifted from protection to promotion. This book provides a timely analysis of this new form of governance, and the new forms of policy delivery and audit which accompany it. The limitations of the current approach became particularly apparent during the financial crisis of 2008, and it has now reached a turning point. The book offers a new coherent European reform agenda that views easing transitions in employment and promoting the development of individual and collective capabilities as cornerstones. The contributing authors focus on vocational training, life course policies, reflexive labor law and social insurance, from theoretical, empirical and practical perspectives. Transforming European Employment Policy will be of great benefit to policy makers as well as those researching or studying European law, labor law, industrial relations, political science, social policy or international business. Contributors: P. Auer, J.-M. Bonvin, C. Crouch, S. Deakin, C. Didry, B. Gazier, P. Kaps, R. Rogowski, R. Salais, G. Schmid, H. Schutz, N. Whiteside, P. Wotschack, B. Zimmermann

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Roald Dahl (Author) Roald Dahl was a spy, ace fighter pilot, chocolate historian and medical inventor. He was also the author of Matilda, Charlie and the Chocolate Factory, The BFG and many more brilliant stories. He remains THE WORLD'S NUMBER ONE STORYTELLER.Quentin Blake (Illustrator) Quentin Blake has illustrated more than three hundred books and was Roald Dahl's favourite illustrator. In 1980 he won the prestigious Kate Greenaway Medal. In 1999 he became the first ever Children's Laureate and in 2013 he was knighted for services to illustration.

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Markets, Planning and the Moral Economy examines the rise of the Progressive movement in the United States during the early decades of the 20th century, particularly the trend toward increased government intervention in the market system that culminated in the establishment of President Roosevelt's New Deal programs. The authors consult writings from politicians, business leaders, and economists of the time, using a variety of historical perspectives to illuminate the conflicting viewpoints that arose as the country struggled to recover from the worst economic downturn in its history.This fascinating historical study explores the conflict between what the authors identify as two competing ideologies: the market economy, whose proponents advocated a hands-off approach and a trust in allowing the markets to adjust themselves, and the moral economy, whose supporters favored a system of government planning and stewardship designed to promote economic fairness. Presenting arguments from each side by public figures and intellectuals, this book offers the most thorough and complete analysis to date of the new economic discourse that arose during the Progressive movement and remains a vital component of our economic and political discussions today. Professors and students of economics, political science, public policy, and history will all find much to admire in this fascinating and accessible volume. Scholars from across the world will also find this book helpful in contemplating the long-term effects that the tension between the market economy and the moral economy can have on an individual country s economic system.Contents: 1. Introduction: The Moral Economy versus the Market Economy 2. The Moral Economy in the 19th Century: Bellamy versus Sumner 3. The Business Cycle: A Moral Economy Perspective 4. The Business Cycle: A Market Economy Perspective 5. The Progressive Push for Planning: 1900 to 1920 6. The Progressive Push for Planning: 1920 to 1930 7. The Great Depression 8. Franklin Delano Roosevelt and the Moral Economy 9. The National Industrial Recovery Act: Moral Economy Perspectives 10. The National Industrial Recovery Act: Market Economy Perspectives 11. The Aftermath of the National Industrial Recovery Act 12. Keynes, Fiscal Policy and Planning 13. The New Deal and Planning Epilogue: The Moral Economy in the 21st Century Bibliography Index

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This book focuses on pension policies in Europe and interestingly includes comparisons both within the EU and between EU countries and the US. The authors show how different countries are confronted with similar problems and that comparison of national experiences may be of great help for the 'open method of coordination' now adopted in the EU.The papers deal mainly with the effects of the huge payroll taxes differentials between countries on individual retirement choices and the labour market, with taxation of contributions and pensions, and with the portability of occupational pensions. The main impact on labour supply is shown to be early retirement due to actuarially unfair pension formulae. The authors also argue that the US experience shows that taxation of contributions and savings for old-age may not generate the hoped for incentive effects, while an example of inconsistent taxation of pensions is offered by Germany. Finally, it is shown that limited portability of defined benefits plans does not appear to be a strong impediment to labour mobility in Europe.Pension Policy in an Integrating Europe will be valued by scholars of both public policy, public finance and European studies, and those practitioners and policymakers involved in insurance in the EU.

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This book, the fourth volume in the McGill International Entrepreneurship Series, brings together 27 top scholars to explore the structural complexities, evolving relations and dynamic forces that are shaping a new system of multi-polar, multi-level international business relations. It examines entrepreneurial efforts and relations in different national and corporate cultures, each embedded in and also constrained by country-specific socio-economic structures and each vying for consumer attentions in competitive global markets.The new millennium has experienced much rapid change, much of it implicit, intangible and not covered by the headlines of the popular press. The bipolar business system of the 20th century that prioritized the relationship between firms and consumers of developed countries is giving way to an emerging multi-polar and multi-level international system that considers consumers and companies in developing economies as well. In this book, scholars from around the world analyze the nascent architecture and relations in this quickly evolving system. They explore the structural complexities, evolving relations, and dynamic forces that are shaping and re-shaping the new system and examine entrepreneurial efforts and relations that cement its structure. The chapters in this volume portray the operating conditions of firms across 14 emerging country environments and industries ranging from basic foods and information technology to complex business processes.Students and professors of international business, entrepreneurship, marketing and management studies will find this volume an indispensable addition to the literature.Contributors: C.F. Agapito, D. Bek, T. Binns, K. Brydon, W. Coyle, L.-P. Dana, E. Dmitrienko, U. Dornberger, H. Etemad, C. Felzensztein, T. Galkina, F. Ghanatabadi, C. Keen, D. Khanduja, K.K. Leung, R.B. McNaughton, V. Minina, M.N.U. Nabi, E. Nel, J. Olavarría, C. Richardson, A. Shatalov, G. Shirokova, R. Singh, J.A. Sy-Changco, T. Vissak, M. Yamin

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This volume reflects the pioneering contribution of Nancy and Richard Ruggles to the development of national accounts. It provides a comprehensive overview of the evolution of national accounting systems over the last 50 years.The book is divided into three parts: the evolution of national accounting, the United States national accounts and the United Nations system of national accounts. The authors look at the treatment of pensions, insurance, and value added in national accounting, and the relationship between national income accounting and economic policy. They then look at the conceptual basis and evolution of national accounting systems in the United States between 1947 and 1977 and the integrated economic accounts between 1947 and 1980. Finally, the book includes a review of the major issues in the United Nations system of national accounts, both in terms of measurement and in their applicability to economies in transition and developing countries.

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Digital transformation continues to accelerate change in all aspects of modern life. This book examines when, where, how, and why artificial intelligence and digital change can boost innovation and transform the economy, society and democracy. It provides a holistic approach to the promotion of the knowledge economy, knowledge society and knowledge democracy.The book is developed based on the Cyber-D4 nexus, which is a conceptual framework of Cyber-Defense, Cyber-Development, Cyber-Democracy, and Cyber-Diplomacy, and it adopts a Quadruple/Quintuple Innovation Helix (Q2IH) approach. This nexus ties new national and industrial cyber strategies, including business strategies for smart cities and the Internet of Things, with the local, national, regional, and global security and economic objectives.Academics, policy makers, practitioners, researchers and students in combined fields of science, technology, innovation and entrepreneurship, digital transformation, artificial intelligence and the future of industry will appreciate the lens through which the chapter authors explore both the minutiae and expansive influence of digital transformation.

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While the Singaporean economy has experienced one of the highest rates of growth in the world over the past three decades, questions have recently been raised about the sustainability of the Singapore development model and its continued relevance in the global economy. This book is a compilation of specially written essays by a select group of leading international scholars. The authors analytically examine a number of related issues pertaining to national competitiveness, structural and macroeconomic concerns and policy options for the Singapore economy in order for it to sustain its economic viability in the global economy. Specifically, the volume aims to: identify key trends and strategic issues that policymakers and businesses need to be aware of in a highly competitive and technologically sophisticated global economy highlight what exactly it means to be 'competitive' in the new global economy hypothesise how to position Singapore in the new global economy for it to remain a thriving and prosperous nation. As the title of the book suggests, while the focus is on Singapore, there are many lessons to be gleaned for other countries in Asia and elsewhere. Scholars of Asian studies, international economics, development economics, public policy and international business economics should find this book of great value, as should policymakers and other policy analysts.

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This innovative book presents a series of up-to-date analyses of the economics of outdoor recreation. The distinguished group of authors covers real-world recreation management issues and applies economic understanding to these problems. An extensive introduction by the editors details the historical background of economists' interests in this subject, and reveals how economics can provide practical insights into improving how we manage our natural recreation areas.The book is divided into three parts, each of which focuses on a specific environmental resource: mountains, forests, and rivers and the sea. An array of valuation methods - including stated preference and revealed preference techniques - are then applied to various outdoor recreation activities which occur in these different settings. These include such diverse pursuits as rock climbing, skiing, fishing, hunting and whale watching. The authors clearly demonstrate how recreation modelling can offer a productive link between people (their preferences and behaviour) and the natural environment.With extensive empirical examples from Europe and North America, this book will be of great value to economists, governments and NGOs who are interested in the environment, development and tourism. It will also be a valuable source of reference for policymakers concerned with land use and natural resource management, and students of environmental and resource economics.

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This timely Handbook provides an excellent overview of our knowledge on the drivers, influencing factors and outcomes of energy entrepreneurship. As the world grapples with global resource crunches and fights to reap the rewards of new energy technologies, a wide space for entrepreneurial opportunity has emerged. The Handbook of Research on Energy Entrepreneurship offers critical insight on how nations the world over can make full use of those opportunities. An informed blend of geographical and methodological approaches to energy entrepreneurship research, these comprehensive and complementary perspectives shed new light on topics ranging from harnessing the power of the sun and wind to consumer preferences and policy frameworks. This book provides an excellent reference point for scholars and practitioners seeking a richer understanding of the aspects of venture financing, corporate entrepreneurship, internationalization of entrepreneurial ventures, emerging cleantech clusters, public policy and the institutional aspects of energy innovation. A must-read for those interested in the scholarly investigation of energy entrepreneurship - including students and scholars of entrepreneurship, technology and innovation management, organizations and the natural environment, and environmental economics, practitioners in energy entrepreneurship, and policymakers - this Handbook is sure to enlighten and engage.Contributors: R. Abold, Z. Acs, J. Aleluia, M.H. Anderson, H. Andree, A. Aspelund, M. Brachert, S. Cohen, N. Dee, P. Dickel, S. Ford, E. Garnsey, D. Grichnik, M.W. Hansen, D.M. Hart, E. Heiskanen, C. Hornych, M. Kenney, C. Koropp, L. Lehmann-Ortega, J. Leitao, M. Loock, N. Løvdal, R. Lovio, A. Marcus, G. Meersohn, P. Mickwitz, P. Migliavacca, N. Peretz, S. Pogutz, A. Russo, J.-M. Schoettl, K. Sutcliffe, T. Teppo, R. Wuebker, R. Wüstenhagen

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This book provides an extensive and comparative account of how governments go about combating poverty and social exclusion in Europe. Contributions to the volume display robust theoretical anchorage to ground the analysis of the complexities of both multi-level and multi-actor governance, while the perspectives and experiences of target groups are also assessed. Research results elicit enduring problematic aspects that are not likely to disappear when full economic recovery takes place and constitute a must-read for all those interested in how to fight social inequality.'- Ana M. Guillén, University of Oviedo, Spain'The authors of this book have succeeded in developing a new and original approach to the study of combating poverty and social exclusion. Using a framework that combines insights from multi-level and network governance theory, the book analyses and compares the governance arrangements that European countries introduced in the context of active inclusion policies, and evaluates why these arrangements work or fail - an ambitious and very relevant project!'- Rik van Berkel, Utrecht School of Governance, the NetherlandsDiscovering methods to combat poverty and social exclusion has now become a major political challenge in Europe. Combating Poverty in Europe offers an original and timely analysis of how this challenge is met by actors at European, national and subnational levels.Building on a European study comparing Germany, Italy, Poland, Sweden and the UK, this book provides new insights into the processes and mechanisms that promote or hinder interaction between the increasingly multi-layered European system for responding to poverty and social exclusion in EU member states. The contributors present systematic and comparative analyses of social policy design, institutional frameworks and delivery practices from a multi-level governance perspective.Original and diverse, this book will appeal to researchers and scholars in comparative social policy, as well as policy officials in the EU, national government and anti-poverty NGOs.Contributors include: A. Angelin, H. Bennett, D. Clegg, M. Ferrera, R. Halvorsen, B. Hvinden, M. Jessoula, H. Johansson, M. Koch, W. Kozek, J. Kubisa, F. Maino, A. Panican, D. Spannagel, E. Ugreninov, M. Ziele ska

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This book analyses the main problems in the functioning of the welfare state and possible actions for its reform. Focusing on the European Union, it looks at the achievements of and challenges to the welfare state as we enter the 21st century.The authors consider the general problem of redistribution and how to make it more efficient, by reducing huge benefits and tax disincentives that individuals encounter in different life periods or life choices. In addition, they analyse issues such as: economic effects of the welfare state mechanisms for improving incentives in the welfare state implications of Economic and Monetary Union for the welfare state options in pension funding impact of ageing on the pensions systems in the European Union< detailed projections of social expenditure The Welfare State in Europe will be essential reading for those working in the areas of public administration and finance, European studies, social policy, economics and political science. In its provision of policy suggestions it will also be welcomed by policymakers and government advisers.

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Fans of E L James will love this erotic romance by the multimillion copy bestselling author of the Crossfire series. A tale of ambition, love and lust . . . Pursued by fortune hunters, heiress Eliza Martin is the victim of diabolical scheming to get her to the altar. She won't be bullied, however, and she will get to the bottom of this plot. She needs a man to infiltrate her suitors and find the villain. Jasper Bond is entirely too devilish and too dangerous - who'd believe Eliza would be seduced by a man like him? But client satisfaction is a point of pride with Jasper and it's his pleasure to prove he's just the man - for all her needs . . .Praise for Sylvia Day:'Move over Danielle Steel and Jackie Collins, this is the dawn of a new Day' Amuse 'Several shades darker and a hundred degrees hotter than anything you've read before' Reveal

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This book provides in-depth and innovative analysis of the minimum wage in Europe. The authors explore its role and scope within the enlarged EU, and address the question of whether there should be harmonization between the individual member states or even a common EU minimum wage. They also examine the impact of the minimum wage at the national level, looking at trends and effects through case studies of specific policy issues and industrial sectors.Minimum wage fixing has returned quite prominently to the core of policy debates as evidenced by the adoption of a statutory minimum wage in Ireland and the UK, a minimum wage agreement in Austria and the ongoing discussions in Germany and Sweden. Proposals to have common rules at the EU level have also multiplied since enlargement, in particular to minimize ?social dumping? and allow increased transnational mobility. This book assesses the renewed interest in the minimum wage in Europe, identifying the concrete effects of minimum wage fixing on employment, low pay, wage disparity, collective bargaining and migration.Bringing together 15 national studies from noted European specialists in the field, this timely collection aims to stimulate the current debate. It will appeal to academics, students, researchers and policymakers working in labour economics in particular, and European studies more generally.

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This timely book provides an innovative examination of financial integration in the European Union - an issue that has become of paramount importance in view of the commencement of European Economic and Monetary Union.The author begins by assessing three different methods of financial integration in the European Union: interest parity conditions, savings-investment correlations and consumption correlations. He goes on to examine the fundamental determinants of financial integration and analyses the factors likely to influence the movement of capital within the European Union. The blend of empirical and theoretical research provides the reader with a comprehensive account of the progress made in integrating financial markets in the European Union.Integrating Financial Markets in the European Union will be essential reading for students and scholars of monetary economics, international finance and European integration. It will also prove useful to practitioners and policymakers working in central banking and government.

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Waste is a quintessentially ecological economic issue. The generation of waste is rooted in the very laws of nature, but waste is also a social construct, and what we understand to be waste has evolved with human societies. Therefore, a crucial issue in modern waste management is the understanding of attitudes towards waste. This book examines the ecological economics approach to waste, its conceptualisation and management.In order to provide a comprehensive understanding of the issue of waste, the authors utilise an array of disciplinary approaches from both natural and social sciences. They begin by considering waste through the thermodynamics of production processes, and through an assessment of the history of waste. Building on this physical-social background, they concentrate on specific aspects of waste policy. These include the public's attitude towards waste, the economics of waste, and the laws and regulations surrounding waste disposal. Further chapters look in detail at the three main types of waste being generated by modern societies: municipal, toxic and nuclear waste. This path-breaking book seeks to lay the basis for a general conceptualisation of waste in ecological economics and to elucidate the main issues relating to waste generation and management.This is a comprehensive analysis of waste as a concept, and as an issue for humans as both producers and consumers. It will be of great value to ecological economists, waste managers and environmental policy analysts.

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The authors of this fascinating and original work contend that by analysing the conduct of organization members, a great deal can be learnt about firm behaviour and about the cooperative and competitive forces that underlie industry evolution. The empirical chapters in this volume are preceded by a conceptual overview of macro-organizational theories that explicitly bring in the role of individual actions. A rich set of studies carried out in the Dutch accounting sector is used to illustrate that changes in competitive positioning and behaviour are triggered by employee actions including advancement and defection to competitors. New insights on entrepreneurship, mergers and acquisitions and organizational dissolution further develop the multi-level focus of the set of studies presented here. The book aims at stimulating intellectual debate on the role of migration of human and social capital through inter-firm mobility and will provide a fascinating read for academics, researchers, students and practitioners with an interest in organizational theory, strategic management and human resource management.

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After the drop in the price of oil, the issue of a carbon tax to complement the EU emission trading scheme is coming back to the fore of political debate. In this volume on carbon pricing, the reader can find an excellent mix of economic theory and policy analysis. To anyone interested in this field, this collection of papers represents a very important contribution to an in-depth understanding of the main tools that can be used to successfully fight climate change.'- Alberto Majocchi, University of Pavia, ItalyCarbon Pricing reflects upon and further develops the ongoing and worthwhile global debate into how to design carbon pricing, as well as how to utilize the financial proceeds in the best possible way for society.The world has recently witnessed a significant downward adjustment in fossil fuel prices, which has negative implications for the future of our environment. In light of these negative developments, it is important to understand the benefits of environmental sustainability through well-documented research. This discerning book considers the design of carbon taxes and examines the consequential outcomes of different taxation compositions as regulatory instruments. Expert contributors assess a variety of national experiences to provide an empirical insight into the use of carbon taxes, emissions trading, energy taxes and excise taxes. The overarching discussion concludes that successful policies used by some countries can be implemented in other jurisdictions with minimum new research and experimentation.This astute work will benefit scholars, practitioners and policymakers alike with an interest in the fields of environmental law, environmental economics, sustainable development and taxation law.Contributors: B. Bahn-Walkowiak, J. Bruha, H. Bruhova-Foltýnovà, B. Butcher, M. Calaf Forn, N. Chalifour, S. Cheng, E. Croci, S. Elgie, E. Guglyuvatyy, M. Jofra Sora, C. Kettner, K. Kratena, E. Meyer, I. Meyer, S. Onoda, J. Papy, T.F. Pedersen, V. Pisa, I. Puig Ventosa, A. Ravazzi Douvan, M. Sargl, K. Schlegelmilch, M.W. Sommer, N.P. Stoianoff, P. ten Brink, W.E. Weishaar, H. Wilts, S. Withana, Sirini, G. Wittmann, A. Wolfsteiner

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Casting a wide net in this, their second edition, Froyen and Guender provide coverage of the model-based literature on optimal monetary policy in the presence of uncertainty, with both open- and closed-economy frameworks considered. The authors have grounded New Keynesian research of the 1990s and 2000s in the literature of the 1970s, which viewed optimal policy as primarily a question of the optimal use of information, and studies in the 1980s that gave primacy to time inconsistency problems. The Global Financial Crisis of 2007-09 led to the recognition that financial markets and institutions required greater attention in policy modeling. Herein, the authors provide a thorough survey of the post-crisis literature that resulted from this recognition. Researchers in academia and at central banks, students and policy makers will value the wide scope of coverage provided in this examination, leading them to a better understanding of issues such as discretion versus commitment, target versus instrument rules, policy in closed versus open economies and the proper mandate for central banks, including the relationship between interest rate policy and macro-prudential instruments. Praise for the first edition: 'In this book the authors provide a comprehensive review of optimal monetary policy in the context of small, log-linear, macroeconomic models that are subject to stochastic shocks. . . I think the book provides a very good introduction to the literature on optimal monetary policy (in short-run models) for non-specialists and students. Some of the content of the book could be used in upper-year undergraduate courses in either macroeconomics or in a specialised monetary economics course. The models are clearly set-out and discussed and there is frequent use of diagrams. The authors spend a lot of time and effort to provide the economic intuition for the models that are presented.' - Glenn Otto, Economic Record 'Froyen and Guender have provided a thorough and careful analysis of optimal monetary policy over most of the range of theoretical models that have been used in modern macroeconomics. By providing a comprehensive and clear comparative framework they will help the student of monetary policy understand why there have been conflicting views of what policy makers should do.' - Central Banking 'In Optimal Monetary Policy Under Uncertainty, academicians and economists Richard T. Froyen and Alfred V. Guender have collaborated on presenting an informed and informative survey of optimal monetary policy literature arising during the 1970s and 1980s as a ground work for understanding current market and other economic influences on such germane issues as discretion versus commitment, target versus instrument rules, and the delegation of policy making authority within the private and public sectors. With meticulous attention to scholarship and objectivity. . . Optimal Monetary Policy Under Uncertainty is a thoughtful and thought-provoking body of work that is very strongly recommended for professional, academic, corporate and governmental economic reference collections and supplemental reading lists.' - Midwest Book Review

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The thirst for post-World War II justice transcended the Cold War and mobilized diverse social groups. This is a story of their multilayered and at times conflictual interactions. In this edited collection, sixteen historians develop a new approach to the trials against persons accused of war crimes and mass murder in Europe during the ascendancy of Nazism and the Second World War (1933-1945). Focusing on the social aspects of the demand for justice and making use of previously underexploited local and international sources, contributors put to the test the notion of "show trials" and explore a range of judicial and political cultures from Germany to the Soviet Union. Essays uncover the expectations around accountability and forms of mobilization on the part of a range of citizens involved in the trials: survivors, witnesses, perpetrators, Nazi hunters, and civic activists. In addition to the perspective of these citizens, contributors invoke the expertise of reporters, filmmakers, historians, investigators, and prosecutors who shaped public representations of justice. These shaping efforts, the authors show, often supported the desire of political authorities to benefit from the publicity of the trials and to contain the spontaneous dissemination of information. The book's close examination of interactions between citizens and authorities thus demonstrates the extent and limits of what might be called a "coproduction" of justice, in the process shedding light on the interdependence between historical knowledge and legal prosecution of mass crimes.

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Philipp Maier offers a unique examination of the extent to which governments and various interest groups have exerted pressure on central banks. The book looks in particular at the Deutsche Bundesbank - which acted as the blueprint for the European Central Bank (ECB) - and utilises an original set of indicators to measure external pressure and support from the government and other institutions.The author demonstrates that although some of the rhetoric of the Bundesbank may have been a response to political pressure, the operation and conduct of German monetary policy has not been influenced. The role of various pressure groups remains a more contentious issue, as there is evidence that the Bundesbank may have acted to appease the financial sector. The author also finds that a high degree of public support towards the Bundesbank has helped to mitigate the effect of external forces. As the ECB was closely modelled on its German counterpart, the author is able to extend his analysis to the European level and draw out explicit predictions for the ECB. He argues that external pressure is unlikely to influence the conduct of monetary policy, as it will be less efficient and organised, and public support is likely to be high. In the future, however, this could be jeopardised by a rapid enlargement of EMU which may result in more concentrated and powerful pressure groups.This interesting empirical study of the effect of governments, interest groups and public support on the behaviour and rhetoric of Central Banks will be welcomed by financial and monetary economists, students and scholars of European finance and European policymakers.

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Drawing on the biophysical sciences, public policy, geography, economics, exploratory research and the behavioural sciences, this book offers reviews and prescriptions for the future of ecological economics, placing particular emphasis on complex sustainability problems.The book is divided into three broad parts: challenges and reviews, reorientations and openings, and frameworks and applications. To begin, the authors illustrate the limitations of ecological economics by highlighting the lack of theory and method, the need for greater interdisciplinary co-operation and the domination by economists from developed nations. They move on to present strategies to address these shortcomings by focusing on interdisciplinary methods and their theoretical basis, discussing the future prospects for ecological economics, and addressing a host of ecological economic issues from a variety of natural and social science perspectives. They aim to challenge the notion of ecological economics by addressing 'what it is', and asking 'what it could be'.The book expands current thinking on ecological economics by exploring existing avenues for integrative and interdisciplinary research and discovering new overlaps with a range of other disciplines. It will appeal to ecological and environmental economists, and academics and researchers of the social sciences, particularly environmental science and geography.

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This thoroughly revised Handbook provides an assessment of the scope and content of environmental sociology, and sets out the intellectual and practical challenges posed by the urgent need for policy and action to address accelerating environmental change. More than a decade has passed since the first edition of the Handbook was published to considerable acclaim, and environmental sociology has since become firmly established as a critical social science discipline. This second edition is a major interdisciplinary reference work comprising more than 25 original essays authored by leading scholars, many of whom are intimately involved in national, regional or global environmental policy processes. It marks some of the changes and continuities in the field of environmental sociology, and highlights today?s substantive concerns and theoretical debates. The Handbook is divided into three parts covering concepts and theories, critical issues and international perspectives, each with an introduction outlining the content of the constituent chapters and cross-referencing some of the more significant themes that link them together.Authoritative and comprehensive, this Handbook will prove to be essential reading for academics, researchers and students across the social sciences who are interested in the environment. It will also be enthusiastically received by sustainable development policy-makers and practitioners.

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A hilarious story about the world's worst detectives by the bestelling author of the Alex Rider series, Anthony Horowitz.Meet the Diamond Brothers, the world's most defective detectives, by the author of the number one bestselling Alex Rider series. Wisecracking young Nick Diamond finds himself sharing a prison cell with Johnny Powers, Public Enemy No.1. His only chance of rescuing the situation is to nail master criminal the Fence. But first, Nick has to get out of jail…

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Exploring the EU's Legitimacy Crisis provides a profound analysis of the causes and the consequences of the EU's growing legitimacy problem. Since the onset of the eurozone crisis the EU's governance has been narrowly driven by the semi-hegemonial leadership of Germany - manifesting itself in functionalist and technocratic policy reforms concentrated on strengthening economic governance coordination. Other crucial policy areas have been neglected as member states show decreasing solidarity and a growing emphasis on national interests in response to mounting external challenges. This book examines these developments in detail by scrutinising the EU's ability to maintain legitimacy through political leadership, democratic accountability and governance efficiency.This state-of-the-art exploration of the EU's internal and external challenges, including the eurozone and the migration crisis, provides critical analysis of the EU's leadership in the context of diverging national interests. The author outlines the essential background to understanding the rise in euroscepticism in the EU and provides an insightful analysis of the 2014 European Parliament election Spitzenkandidaten system.A comprehensive critical analysis of the latest developments in the EU's major policy areas in terms of their problem-solving capacity and democratic legitimacy is also included. This timely exploration of the reality of the EU's governance in light of persistent crises will appeal to students, academics and practitioners interested in the development of the EU, its member states and European politics more generally.

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Electronic commerce is big business, and it is getting bigger: it now accounts for 7.5 percent of all retail sales in the US, and continues to expand at double-digit annual rates. The steady growth of Internet commerce over the past twenty years has given rise to a host of new legal issues in a broad range of fields. This authoritative Research Handbook comprises chapters by leading scholars which will provide a solid foundation for newcomers to the subject and also offer exciting new insights that will further the understanding of e-commerce experts. Key topics covered include: contracting, payments, intellectual property, extraterritorial enforcement, alternative dispute resolution, social media, consumer protection, network neutrality, online gambling, domain name governance and privacy.With the rise of Internet commerce, this book will be an invaluable resource for business lawyers as well as legal scholars with an interest in any phase of e-commerce law.Contributors include: A. Bridy, N.R. Cahn, I. Calbol, M.W. Carroll, C.M. Hayes, S.J. Hughes, A. Katz, J.P. Kesan, N.S. Kim, C.L. Kunz, A.R. Levinson, D. Lindsay, C. Markou, S.T. Middlebrook, J. Moringiello, E.A. Morse, J.P. Nehf, C. Riefa, S.E. Rolland, J.A. Rothchild, A.J. Schmitz, D.J. Shakow, S.B. Spencer, H. Travis, M. Trimble, A. Vranaki, S. Walsh, J. Winn

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This book provides a new, necessary and valuable approach to the consideration of risk in underground engineering projects constructed within rock masses. There are Chapters on uncertainty and risk, rock engineering systems, rock fractures and rock stress, the design of a repository for radioactive waste, plus two major case examples relating to the headrace tunnels and caverns for a hydroelectric project. These Chapters highlight in detail the authors’ new rock engineering risk approach, especially how monitoring during construction can significantly reduce the construction risks. The book is particularly timely given the current increasing emphasis on geo-engineering safety, accountability and sustainability—which requires stricter attention to risk and greater reliability than ever before.Written by two eminent authors, the two most recent past-Presidents of the International Society for Rock Mechanics (ISRM), this modern and well-illustrated guide on Rock Engineering Risk complements the authors’ previous 2011 book on Rock Engineering Design, also published by Taylor & Francis. The book will benefit engineers, contractors, clients, researchers, lecturers and advanced students who are concerned with rock engineering projects in civil, mining, geological and construction engineering worldwide.

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Bo Burlingham, the bestselling author of Small Giants, returns with Finish Big, an original guide to exiting your company successfully and gracefully."Finish Big is for all those founder/leaders who want to do more than take...it is for the ones who want to leave something behind." Simon Sinek, author of Start with Why and Leaders Eat Last"Practical and profound, fast-moving and thought-provoking, masterful in its clear prose and compelling stories- Bo Burlingham has once again done a tremendous service in deploying his craft." Jim Collins, author of Good to Great and co-author of Built to Last and Great by ChoiceNo two exit experiences are exactly alike. Some people wind up happy with the process and satisfied with the way it turned out, while others look back on it as a nightmare. The question I hope to answer in this book is why. What did the people with 'good' exits do differently from those who'd had 'bad' exits?'Bo Burlingham's first book Small Giants became an instant classic for its original take on a common business problem: how to handle the pressure to grow. Now he is back to tackle an even more common problem: how to exit your company well.Sooner or later, all businesses get sold, given away, or liquidated. Whatever your preferred outcome, if you start planning for it while you still have time and options, you can build a stronger, more resilient company with a higher market value. Unfortunately, most don't - and they pay a steep price for their procrastination.Through dozens of interviews with entrepreneurs across a range of industries, Burlingham identifies eight key factors that determine whether owners leave their businesses happily. He showcases the insights, exits and cautionary tales of entrepreneurs across an array of industries including manufacturing, food and services. Finish Big is an illuminating and inspirational guide to one of the most stressful, and yet potentially rewarding, processes business owners must go through. Bo Burlingham is the author of Small Giants: Companies That Choose to Be Great Instead of Big, a finalist for the Financial Times/Goldman Sachs Business Book of the Year in 2006. An editor at large at Inc., he has reported on the entrepreneurial revolution in America since the early 1980s and has witnessed up close the birth and development of the companies that have reshaped our world.

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From New York Times bestselling and Hugo Award-winning author T. Kingfisher comes a dark retelling of the Brothers Grimm's Goose Girl, rife with secrets, murder, and forbidden magic. Perfect for fans of Naomi Novic, Alix E. Harrow and Nettle & Bone.

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The historic link between output (GDP) growth and employment has weakened. Since there is no quantitively verifiable economic theory to explain past growth, this unique book explores the fundamental relationship between thermodynamics (physical work) and economics. The authors take a realistic approach to explaining the relationship between technological progress, thermodynamic efficiency and economic growth. Their findings are a step toward the integration of neo-classical and evolutionary perspectives on endogenous economic growth, concluding in a fundamental explanation of endogenous growth that is both quantifiable and consistent with the laws of thermodynamics. For two centuries fossil and other sources of energy (work) have been replacing human and animal muscles. Now our civilization is truly addicted to fossil energy availability at ever low prices. Can increasing efficiency compensate for coming scarcity? This is the crucial question. The most important implication of this is that future economic growth is not guaranteed because the efficiency gains that have driven growth in the past may not continue in the future.Exploring the theory of growth with an emphasis on the role of energy, useful work and technological change, this book will be of great interest to academics and students focussing on growth theory, energy and ecological economics. It will also prove insightful to those concerned with policy making or responding to changes in policy related to the energy-growth nexus.

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This comprehensive second edition of The Elgar Companion to Social Economics presents an overview of a dynamic and growing field in economics that emphasizes the key role that values play in the economy and in economic life. Social economics treats the economy and economics as being embedded in the larger web of social and ethical relationships. It also regards economics and ethics as essentially connected, and adds values such as justice, fairness, dignity, well-being, freedom and equality to the standard emphasis on efficiency.Leading contributors in the field elucidate a wide range of recent developments across different subject areas and topics. Contributors map the likely trends and directions of future research, making this second edition of the Companion a leading reference source and guide to social economics for many years to come.Providing concise discussion and an indication of what to expect in future decades, this interdisciplinary Companion will be of great interest to students and academics of social economics and socio-economics, as well as institutional, evolutionary and heterodox economics. It will also appeal to management scholars and those concerned with business ethics.Contributors include: R. Aalbers, M. Altman, D.B. Audretsch, P. Bardhan, P.D. Bush, J. C. Caldas, D. Campbell, M.D. Carr, L.F. Carvalho, M.M. Co gel, F.A. Cowell, C. Dannreuther, J.B. Davis, A. Deshpande, G. DeMartino, W. Dolfsma, S.C. Dow, W.M. Dugger, Z. Emami, D.M. Figart, D. George, I. Grabel, S.P. Hargreaves Heap, G.M. Hodgson, M. Keilbach, O. Kessler, S. Kesting, M. Klaes, A. Kleinknecht, E. Kuiper, H. Lopes, C. Lutz, A. Mayhew, B. McMaster, A. Mehmood, P. Mellizo, F. Moulaert, E. Mutari, P.A. O'Hara, J. Paavola, M. Power, I. Ray, J. Rodrigues, I. Røpke, H. Schenk, N. Sirven, M.A. Starr, G. van der Velde, I. van Staveren, J. Vail, M.D. White, L.R. Wray

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'Hodgson's masterful review of orthodoxies and heterodoxies focuses on the absurdity of recommending planning, or scorning it, without answering the empirical question asked in the 1930s by the ''socialist calculation debate.'' How well does planning or the market work? Idealism assumes the answer without actually doing the science. - Deirdre N. McCloskey, University of Illinois at Chicago, US 'Every young heterodox scholar should read this book, as should veteran heterodox economists who are puzzled about why important heterodox contributions have not had the impact they deserved to have. The book provides a compelling account of the challenges that heterodox economists have faced, and continue to face, and it leaves the reader with a strong sense that things could have been, and could be, much better if more heterodox economists strove to integrate compatible aspects of the many diverse approaches that constitute heterodox economics.' - Peter E. Earl, University of Queensland, Australia 'Is there a future for the alternatives to mainstream economics? Dealing with this important question does not only require a deep understanding of the current economic theories and of the history of economic thought. It demands also a careful analysis of the institutional mechanisms by which scientific communities commit themselves to certain paradigms and change these commitments. In this excellent book Hodgson deals with all the dimensions of this complex issue.' - Ugo Pagano, University of Siena, Italy 'Drawing a well-balanced picture of heterodox economics with its many political shades and theoretical nuances is no easy task. Professor Hodgson's mastery in solving the task sets new standards. His compelling analysis of the state and the future of the field is a ''must read'' for everyone in the heterodox camp and an invaluable source of information for all scholars in the history, philosophy, and sociology of economics.' - Ulrich Witt, Max Planck Institute for the Science of Human History, Germany and Griffith University, Australia Over the last 50 years, and particularly since the financial crash in 2008, the community of heterodox economists has expanded, and its publications have proliferated. But its power in departments of economics has waned. Addressing this paradox, Geoffrey M. Hodgson argues that heterodox economists are defined more by a left ideology than by a shared understanding of the nature of orthodox economics and of what should replace it. Heterodox economists cannot agree on what heterodoxy means. Employing insights from the sociology and philosophy of science, the author explores the marginalization of heterodox economics in the academic community and its exclusion from positions of power. This perceptive book also shows how the weaknesses of a particular version of heterodoxy stemming from the Cambridge economics of the 1970s have been replicated globally in much of contemporary heterodox economics. The author considers how the field can adapt in order to improve and sustain its presence in academia. Social scientists and economists will find this book both enlightening and useful. In particular, it will be invaluable to student networks and others critical of mainstream economics, and to those teaching economics at undergraduate and postgraduate level.

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This book is a synthesis of the author's ideas and research concerning the monetary consequences of trade flows, and the relevance of conventional balance of payments adjustment theory. These ideas are considered mainly in the context of developing countries, many of which suffer from deep structural difficulties and severe foreign exchange shortages.Mainstream economic theory regards the balance of payments to be self-adjusting, meaning that the impact of the balance of payments on the growth and development process is neither considered nor analysed. In contrast, the author emphasises the importance of integrating monetary considerations into trade theory and argues that the balance of payments consequences of trade policy need to be carefully addressed. This approach has a number of implications for important issues such as the sequencing of trade liberalisation; the role of the exchange rate in equilibrating the balance of payments; the case for protection; and the way in which the importance of export growth is articulated. Some of the ideas expressed have a long and distinguished ancestry, but they are not part of the mainstream orthodoxy and need airing in a world increasingly divided into rich and poor countries. The author also considers the case for a new international economic order which would better serve the needs of developing countries, particularly by stabilising primary product prices and controlling speculative capital flows.Trade and development economists, and policymakers concerned with economic growth and development, will appreciate the original and illuminating research in this book.

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This book brings together thirty years of original empirical research on key aspects of the formation and development of small firms from selected articles authored or co-authored by Peter Johnson. Complete with a comprehensive introduction from the author placing the work in relation to the contemporary debates on the subject and providing a cohesive overview, these essays provide an excellent historical context for current research in this area. Many of the studies in this book emphasise the interrelatedness of economic activity and decisions, an emphasis that serves as an important reminder of the complex business environments in which small firms operate. The book is divided into five sections. The first part focuses on the process of business formation. In part two, the role of new firms in regional development is considered. The third section deals with employment issues, whilst part four looks at various aspects of growth and development. Finally, the book concludes with two articles on policy.

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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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Very few studies have ventured to explore the shift in economic ideas that were such a critical factor in shaping and understanding the East European transition process. Paul Dragos Aligica and Anthony J. Evans have seized upon the potential that this crucial case has to illuminate the larger phenomenon of diffusion and adoption of economic ideas. Two different but related research agendas are developed: the study of the spread of 'neoliberalism' as seen from the perspective of Eastern European post-communist evolutions and the study of Eastern European transition as seen from an ideas-centered perspective.Combining a distinctive synthesis of the existing data about the spread of neoliberal economic ideas in Central and Eastern Europe with an analysis of the processes at work, the authors challenge a series of misunderstandings and myths about the spread of neoliberal economic ideas. The disputed topics include: the myth of an Eastern European rush to embrace the theories and ideas that may be considered the mark of 'market fundamentalism'; the notion that a harsh 'neoliberal dogmatism' was somehow imposed on the region from outside; the idea that the standardization and regimentation of economic thinking was a result of the spread of the Western way of doing economics; and the belief that the Eastern Europeans passively embraced this uniformity and standardization due to pressure from the Westerners.This unusual synthesis will appeal to scholars in economics, political science, communist/post-communist studies and new institutionalism, as well as policymakers.

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From New York Times bestselling author and literary phenomenon Virginia Andrews comes a shivery gothic tale of romance, class divisions, and the secrets that haunt families for generations. Fern and her mother have lived as servants in Wyndemere House, the old Gothic mansion of the Davenport family, for as long as she can remember. And her friendship with Dr. Davenport’s son Ryder was never a problem… until they came of age. As cruel forces try to come between Fern and Ryder, what really holds the biggest threat to their happiness is the past, and the truths it threatens them with.For family intrigue and psychological chills, there is no author quite like Virginia Andrews.

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How and why does job stress manifest as negative emotions, disordered thoughts, deleterious behaviors, and physical illness? How can positive outcomes like growth and mastery be encouraged instead? Job stress theories provide insights that guide practical decision making on how to mitigate the negative effects, and promote the positive outcomes, of job demands for the organization and its constituents. This book provides a review of the empirical support for nearly 100 job stress frameworks, and presents guidance for theoretical applications, testing, refinement, and integrations.In addition to providing an overview of the theories, models, and hypotheses related to job stress, the authors present organizational and individual implications for both management and personal improvement. For scholars, gaps in the literature are identified to facilitate future research. Instructors and students will find this knowledge valuable for organizational psychology/behavior, occupational health psychology, or job stress classes, among others.Altogether, students, researchers, and practitioners will find this Introduction integral to their learning, and benefit from the actionable research ideas and suggestions for stress reduction.

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The shadow economy (also known as the black or underground economy) covers a vast array of trade, goods and services that are not part of the official economy of a country. This original and comprehensive Handbook presents the latest research on the size and development of the shadow economy, which remains an integral component of the economies of most developing and many developed countries. The volume explores the driving forces behind the shadow economy and highlights important regional variations. The expert authors address the whole spectrum of issues including tax moral, government institutions, corruption and illicit work. Importantly the book also examines recent progress in how the shadow economy is measured and estimated. This well-documented and authoritative study will appeal to economists and researchers, as well as academics and students in the fields of economics, political science and social science. It will also be of interest to anyone seeking a comprehensive investigation into the workings of shadow economy.

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Presenting a selection of innovative research contributions written by some of the best-known academics in the field, The Economics of Copyright covers issues that are at the forefront of the implementation and management of copyright.The book touches on all aspects of copyright management including the effects of copyright piracy, optimal contractual arrangements between authors and publishers, copyright and antitrust issues, and collective management of copyright. This selection of papers not only shows how fruitful the study of copyright from an economic theory perspective has been, but they also clearly indicate the directions (and analytical tools) that will be of principal interest over the next few years, as research in this area flourishes.Both legal scholars specialising in intellectual property and applied economics scholars will find this book of importance, as will organisations dealing with the management and protection of intellectual property rights. The book will also be good reading for any advanced university course dealing with the economics of copyright.

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Economic Policy and Climate Change focuses on the design, implementation and consequences of a feasible system of tradable carbon permits to reduce greenhouse gas emissions within the context of the European Union.Economic instruments are considered fundamental in reducing atmospheric pollution, especially carbon dioxide emissions. This important book outlines the design of an achievable system of tradable emission permits in the EU. It considers the distribution of permits, the problem of monitoring and enforcement and the possibility that the system might create a barrier to potential entrants to industry. This is especially important because entry barriers will affect the whole economy and long-term industry dynamics. The analysis then extends to consider the use of tradable permits and taxes in the context of international cooperation on emissions reduction. International agreements are examined within the framework of a second-best, two country model in which governments reduce emissions and raise revenue simultaneously. The author concludes that it is not welfare-maximizing to trade permits between countries if emission limits and side-payments have not first been agreed.This book will be of special interest to environmental economists, environmentalists and policymakers.

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This book discusses the impact of taxation on economic growth, employment, investment, consumption and the environment. The public finance literature commonly distinguishes between three major functions of taxation: the traditional function of raising revenue to finance government expenditure; the distributional function as an instrument to alter the distribution of income and wealth amongst households; and the regulatory function that uses taxation at the benefit of stabilization and other economic policies. Especially after the Second World War, OECD countries have increasingly used taxation to achieve a variety of economic and social objectives. Today many governments use the tax system to stimulate economic growth and employment. Fiscal measures also play a role in creating a favourable climate for business investment and to promote a long-term sustainable environmental policy. Currently, in the debate on global warming, the use of tax instruments to tackle climate change is on the top of the international agenda.The authors aim to provide the reader with the necessary empirical information, while at the same time presenting an overview of the latest theory and best practices. In doing so, many relevant policy issues are touched upon. Based on theoretical and empirical studies and practical experiences in OECD countries, the book establishes guidelines for effective tax policy. The book offers tools for tax design in a globalising economy and the world of the internet with increasing tax competition and a growing battle for companies and brains between countries. The book also presents a 'carrot and stick' model to promote clean technologies, reduce pollution and combat climate change. The message from the authors is straightforward: broad, low, simple, and a shift from income to consumption taxation. These principles are illustrated in a concept proposal for a so-called Second Life Tax system.

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